MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-17-0003432
Prayan Ispat & Steel Private Limited
Prayan Ispat & Steel Private Limited - metals and minerals in Najibabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹235.08 Cr
▲ 146% YoY
Net loss · FY 2023
₹18.43 Cr
Net margin -7.8%
EBITDA · FY 2023
-₹15.86 Cr
EBITDA margin -6.7%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹61.08 Lakh
Issued & subscribed
Open charges
₹19.25 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Prayan Ispat & Steel Private Limited
Data last updated:
Prayan Ispat & Steel Private Limited is a private limited company based in Najibabad, Uttar Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U27106UP2007PTC033791. Its GSTIN is 09AAECP3624N1Z2 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹61.08 Lakh. It is led by directors Govind Singh and Irshad Ali.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Najibabad, Uttar Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹235.08 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net loss of ₹18.43 Cr (net margin -7.8%) and EBITDA of -₹15.86 Cr (EBITDA margin -6.7%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 50% over five years.
As per MCA filings, the company has open charges of ₹19.25 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 5 cases are pending.
Prayan Ispat & Steel Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-17-0003432). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27106UP2007PTC033791
Registration Number 033791
Incorporation Date 24 August 2007
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-17-0003432
Key People
Govind Singh Director Irshad Ali Director Recognitions & Rankings of Prayan Ispat & Steel
Contact details
Prayan Ispat & Steel Private Limited's registered office is in Najibabad, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressGuru Nanak Colony, Govind Nagar, Najibabad, Uttar Pradesh, India – 246763
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Prayan Ispat & Steel Private Limited, buy the company report.
Comprehensive company report
Prayan Ispat & Steel Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Prayan Ispat & Steel is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Prayan Ispat & Steel Private Limited, buy the company report.
Financials of Prayan Ispat & Steel Private Limited
FY 2023 filings availablePrayan Ispat & Steel Private Limited reported revenue of ₹235.08 Cr (up 146% YoY) for FY 2023.
Revenue · FY 2023
₹235.08 Cr ▲ 146%
Net loss · FY 2023
₹18.43 Cr margin -7.8%
EBITDA · FY 2023
-₹15.86 Cr margin -6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 146%
3 years · compounded
▲ 77%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▲ 42%
5 years · compounded
▼ 88%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 146% growth in the latest year. EBITDA rose 42% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.43 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.7% | ||||
| Net Profit Margin | -7.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prayan Ispat & Steel Private Limited, buy the company report.
Board of directors of Prayan Ispat & Steel Private Limited
Prayan Ispat & Steel has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Singh Also directs: Padmavati Ispat Private Limited, Prayan Casting Private Limited | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
| Irshad Ali | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Prayan Ispat & Steel Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| British Super Alloys Private Limited | ₹237.16 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Maheshwar Rolling Mills Private Limited | ₹236.42 Cr (FY 2025) | 36.0% | Morena, Madhya Pradesh, India | |||
| Shree Prithvi Steel Rolling Mills Private Limited | ₹235.26 Cr (FY 2025) | -9.0% | Jaipur, Rajasthan, India | |||
| Prayan Ispat & Steel Private Limitedthis company | ₹235.08 Cr (FY 2023) | -₹18.43 Cr | -7.8% | 146.0% | Najibabad, Uttar Pradesh, India | |
| Shivam Hi-Tech Steels Private Limited | ₹234.73 Cr (FY 2025) | -1.0% | Bhilai, Chhattisgarh, India | |||
| Bhagyanagar Industries Private Limited | ₹234.6 Cr (FY 2023) | 5475.0% | Secunderabad, Telangana, India | |||
| Shri Balaji Multimetals Private Limited | ₹232.9 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Nevatia Steel and Alloys Pvt Ltd | ₹232.51 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Crackers India(Alloys) Limited | ₹232.06 Cr (FY 2025) | -10.0% | Keonjhar, Odisha, India |
To see the full peer comparison of Prayan Ispat & Steel Private Limited, buy the company report.
Auditor
Prayan Ispat & Steel Private Limited is audited by SANJAY SHYAM GARG & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY SHYAM GARG & CO | FY 2020 | 010453C |
Shareholding
The shareholding of Prayan Ispat & Steel Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prayan Ispat & Steel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2011 | 10313277 | Others | ₹8.75 Cr | Open | |
| 19 Nov 2009 | 10189178 | Union Bank of India | ₹5.25 Cr | Open | |
| 19 Nov 2009 | 10189179 | Union Bank of India | ₹5.25 Cr | Open |
To see the full charge records of Prayan Ispat & Steel Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Prayan Ispat & Steel Private Limited has 8 court cases on record: 5 filed by Prayan Ispat & Steel, 3 filed against it. 5 cases are pending and 3 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
5
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 5 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WTAX) | Filed by the company against Union of India and 2 Others | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru. Chief Secy./Chairman,Industrial and Rehabilitation Board Lko. and 2 Others | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed against the company by an individual | Pending |
| High Court, UTTARPRADESH | Court case (STRE) | Filed against the company by The Commissioner, Commercial Tax U.P. | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed against the company by Paschimanchal Vidyut Vitran Nigam Ltd. and 2 Others | Pending |
To see the full case history of Prayan Ispat & Steel Private 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
Prayan Ispat & Steel Private Limited was last rated by Care on 22 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Apr 2026 |
To see the full credit ratings and regulatory alerts of Prayan Ispat & Steel Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prayan Ispat & Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prayan Ispat & Steel has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECP3624N1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prayan Ispat & Steel Private Limited, buy the company report.
Recent activity
Prayan Ispat & Steel Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Amit Kumar Agarwal ceased to be Director on 25 Sep 2020.
Charges
A charge with Others of Rs. 8.75 Cr registered on 30 Aug 2011 with Charge ID 10313277 was modified on 17 Feb 2025.
AGM
Prayan Ispat & Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Prayan Ispat & Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttar Pradesh I.
Ceased
Amit Kumar Agarwal ceased to be Director.
Ceased
Goura Agarwal ceased to be Additional Director.
Appointed
Govind Singh was appointed as Director.
Appointed
Irshad Ali was appointed as Director.
Ceased
Kamal Singh ceased to be Director.
Ceased
Avnish Kumar Agarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 8.75 Cr with Charge ID 10313277 was registered on 30 Aug 2011.
Charges
A charge with Union Bank Of India amounted to Rs. 5.25 Cr with Charge ID 10189178 was registered on 19 Nov 2009.
Charges
A charge with Union Bank Of India amounted to Rs. 5.25 Cr with Charge ID 10189179 was registered on 19 Nov 2009.
1 earlier event is in the company report.
Frequently asked questions
Prayan Ispat & Steel is an active private limited company based in Najibabad, Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 August 2007 (19+ years old) and is registered under CIN U27106UP2007PTC033791.
Prayan Ispat & Steel has 2 current directors:
- Govind Singh - Director
- Irshad Ali - Director
The latest financial statements of Prayan Ispat & Steel on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Prayan Ispat & Steel is 09AAECP3624N1Z2, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Prayan Ispat & Steel is U27106UP2007PTC033791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayan Ispat & Steel has 8 court cases on record: 5 filed by the company and 3 filed against it. 5 are pending.
Prayan Ispat & Steel was incorporated on 24 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Prayan Ispat & Steel by revenue are British Super Alloys Private Limited, Maheshwar Rolling Mills Private Limited, Shree Prithvi Steel Rolling Mills Private Limited, Shivam Hi-Tech Steels Private Limited, Bhagyanagar Industries Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Amit Kumar Agarwal ceased to be Director on 25 Sep 2020. Goura Agarwal ceased to be Additional Director on 25 Sep 2020. Govind Singh was appointed as Director on 21 Sep 2020. Prayan Ispat & Steel has 6 board changes on record in total.
Yes, Prayan Ispat & Steel is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-17-0003432).
The registered office of Prayan Ispat & Steel is at Guru Nanak Colony, Govind Nagar, Najibabad, Uttar Pradesh, India – 246763.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages