About Prayag Polymers Limited
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Prayag Polymers Limited is a public limited company based in New Delhi, Delhi, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 29 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PLC036420. Its GSTIN is 07AAACP3564D3ZM (Delhi). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹58.81 Cr. It was formerly known as Prayag Polymers Private Limited. It is led by directors including Nitin Aggarwal (Managing Director) and Shipra Aggarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2483 – 84 Prayag Infinity House Nalwa Street Paharganj, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2025, the company reported a revenue of ₹339.78 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹22.65 Cr (net margin 6.7%) and EBITDA of ₹58.59 Cr (EBITDA margin 17.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.
The company has about 540 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹277.1 Cr and satisfied charges of ₹218.22 Cr on record. Court records list 88 cases involving the company, including 44 filed by the company and 44 filed against it; 52 cases are pending. The company has 20 deals on record (16 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.95 Cr; the latest was in October 2025. The company has 29 MSME Form 1 returns on record between 2019 and 2024, listing 8,967 overdue payments to 164 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prayagpolymers.com.
Company details
CIN history
Prayag Polymers has one previous CIN (Corporate Identification Number): U74899DL1989PTC036420. The current CIN is U74899DL1989PLC036420, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1989PLC036420 | Current |
| U74899DL1989PTC036420 | Previous |
Contact details
Prayag Polymers Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered Address2483 – 84 Prayag Infinity House Nalwa Street Paharganj, New Delhi, Delhi, India – 110055
- IndustryManufacturing, Ceramics, Fittings & Components, Sanitaryware & Tile
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Prayag Polymers are manufacturing and trade. In detail, this covers metal and metal products, plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prayag Polymers Limited, buy the company report.
Financials of Prayag Polymers Limited
FY 2025 filings availablePrayag Polymers Limited reported revenue of ₹339.78 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 38% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹58.59 Cr | ||||
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| Net Profit (PAT) | ₹22.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.2% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Prayag Polymers Limited, buy the company report.
Board of directors of Prayag Polymers Limited
Prayag Polymers has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Aggarwal Also directs: Olive Exim Private Limited | Managing Director | 28 Sep 2017 | 9 Years 0 Months | Current |
| Ashok Kumar Thakur Also directs: H.G. Infra Engineering Limited (Part IX), Navkar Corporation Limited, Choice International Limited and 2 more | Director | 23 Dec 2025 | 0 Years 10 Months | Current |
| Shipra Aggarwal Also directs: Shourya Buildwell Private Limited., Olive Exim Private Limited | Whole-Time Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Deepak Aggarwal Also directs: Shourya Buildwell Private Limited. | Whole-Time Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Pooja Hemant Goyal Also directs: Navkar Corporation Limited | Director | 23 Dec 2025 | 0 Years 10 Months | Current |
| Anant Kumar Also directs: Sampann Utpadan India Limited | Director | 23 Dec 2025 | 0 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2026 | 101370782 | Yes Bank Limited | ₹84.09 Lakh | Open | |
| 06 Aug 2026 | 101370779 | Yes Bank Limited | ₹1.05 Cr | Open | |
| 03 Aug 2026 | 101353010 | Others | ₹4.9 Cr | Open | |
| 31 Jul 2026 | 101365548 | Yes Bank Limited | ₹3.02 Cr | Open | |
| 23 Jul 2026 | 101374721 | Axis Bank Limited | ₹5.9 Cr | Open |
To see the full charge records of Prayag Polymers Limited, buy the company report.
Total charge records: 94 View all charges
Deals & funding
Prayag Polymers Limited has 20 deals on record (16 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.95 Cr; the latest was in October 2025.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round | ₹1.48 Cr | Investors: 4 individuals |
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: Raj Profin Private Limited Seller: an individual |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Prayag Polymers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prayag Polymers Limited has 88 court cases on record: 44 filed by Prayag Polymers, 44 filed against it. 52 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 37 | 38 |
| District courts | 41 | 5 | 14 |
| NCLT | 2 | 1 | 0 |
| NCLAT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against NKG Infrastructure Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against NKG Infrastructure Ltd | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Rose Advertising Pvt Ltd and Ors | Disposed |
| District court, Shahdara, Delhi | Execution petition | Filed by the company against Ajnara Realtech Limited and 1 other | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against Amitex Polymers Pvt Ltd | Disposed |
To see the full case history of Prayag Polymers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Prayag Polymers Limited was last rated by Care on 23 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Mar 2022 |
To see the full credit ratings and regulatory alerts of Prayag Polymers Limited, buy the company report.
MSME payment delays
Prayag Polymers Limited has 29 MSME Form 1 returns on record between 2019 and 2024, listing 8,967 overdue payments to 164 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 164)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SPMG & Company | |||
| an individual supplier | |||
| an individual supplier | |||
| Roadways India Ltd. | |||
| an individual supplier |
To see the full MSME payment records of Prayag Polymers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Prayag Polymers has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP3564D3ZM | Delhi | Active | 07 Feb 2019 |
| 07AAACP3564D4ZL | Delhi | Active | 15 Dec 2023 |
| 08AAACP3564D1ZM | Rajasthan | Active | 01 Jul 2017 |
| 24AAACP3564D1ZS | Gujarat | Active | 05 Jul 2019 |
To see the full GST registrations and return filing status of Prayag Polymers Limited, buy the company report.
Recent activity
Prayag Polymers Limited has 10 board changes on record since 2007: 6 appointments and 4 cessations. The latest: Anant Kumar was appointed as Director on 23 Dec 2025.
176 earlier events are in the company report.
News
Frequently asked questions
Prayag Polymers is an active public limited company based in New Delhi, Delhi, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 29 May 1989 (37+ years old) and is registered under CIN U74899DL1989PLC036420.
Prayag Polymers has 6 current directors:
- Nitin Aggarwal - Managing Director
- Shipra Aggarwal - Whole-Time Director
- Deepak Aggarwal - Whole-Time Director
- Ashok Kumar Thakur - Director
- Pooja Hemant Goyal - Director
- Anant Kumar - Director
The latest financial statements of Prayag Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prayag Polymers is 07AAACP3564D3ZM, registered in Delhi. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACP3564D4ZL (Delhi), 08AAACP3564D1ZM (Rajasthan), 24AAACP3564D1ZS (Gujarat).
The CIN (Corporate Identification Number) of Prayag Polymers is U74899DL1989PLC036420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayag Polymers has 88 court cases on record: 44 filed by the company and 44 filed against it. 52 are pending. Most are in the high courts.
Prayag Polymers was incorporated on 29 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Prayag Polymers has 20 deals on record (16 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.95 Cr; the latest was in October 2025.
Anant Kumar was appointed as Director on 23 Dec 2025. Ashok Kumar Thakur was appointed as Director on 23 Dec 2025. Pooja Hemant Goyal was appointed as Director on 23 Dec 2025. Prayag Polymers has 10 board changes on record in total.
Prayag Polymers has 29 MSME Form 1 returns on record between 2019 and 2024, listing 8,967 overdue payments to 164 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Prayag Polymers can be reached through the website prayagpolymers.com. Its registered office is in New Delhi, Delhi, India.