- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0009004

Prayas Steels Private Limited
About Prayas Steels Private Limited
Data last updated:
Prayas Steels Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 29 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27106DL2005PTC135555. Its GSTIN is 06AADCP9980A1ZD (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.76 Cr. It is led by directors Dev Dutt and Manju Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wz – 1661 Nangal Raya, New Delhi, Delhi, India – 110046.
As per the financials filed for FY 2025, the company reported a revenue of ₹191.71 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 0.5%) and EBITDA of ₹4.9 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹55.45 Cr and satisfied charges of ₹13.5 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 7 cases are pending.
Prayas Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0009004). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Prayas Steels
Contact details
Prayas Steels Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWz – 1661 Nangal Raya, New Delhi, Delhi, India – 110046
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Prayas Steels Private Limited, buy the company report.
- 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 activity of Prayas Steels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Prayas Steels Private Limited, buy the company report.
Financials of Prayas Steels Private Limited
FY 2024 filings availablePrayas Steels Private Limited reported revenue of ₹191.71 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 8% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Prayas Steels Private Limited, buy the company report.
Board of directors of Prayas Steels Private Limited
Prayas Steels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dev Dutt | Director | 29 Apr 2005 | 21 Years 5 Months | Current |
| Manju Gupta | Director | 29 Apr 2005 | 21 Years 5 Months | Current |
Auditor
Prayas Steels Private Limited is audited by KHEM SHIV AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHEM SHIV AND ASSOCIATES | FY 2023 | 019459N |
Shareholding
The shareholding of Prayas Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prayas Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2025 | 101196963 | Others | ₹19.95 Cr | Open | |
| 21 Jun 2025 | 101112896 | Others | ₹6 Cr | Open | |
| 27 Jan 2022 | 100530553 | Others | ₹1.5 Cr | Open | |
| 31 Dec 2021 | 100528331 | Others | ₹2.5 Cr | Open | |
| 18 Nov 2016 | 100071196 | Others | ₹24 Cr | Open |
To see the full charge records of Prayas Steels Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Prayas Steels Private Limited has 13 court cases on record: 3 filed by Prayas Steels, 10 filed against it. 7 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 9 | 6 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Execution petition | Filed by the company against M/S Vulcan Automotive Pvt Ltd | Pending |
| District court, Faridabad, Haryana | Appeal | Filed against the company by M/S Vulcan Automotive Pvt Ltd | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Vulcan Automotive Pvt Ltd | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by Iffco Tokio General Insurance Company Ltd, | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Vulcan Automotive Pvt Ltd and 2 others | Disposed |
To see the full case history of Prayas Steels 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
Prayas Steels Private Limited was last rated by Crisil on 06 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Dec 2021 |
To see the full credit ratings and regulatory alerts of Prayas Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prayas Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prayas Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCP9980A1ZD | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prayas Steels Private Limited, buy the company report.
Recent activity
Prayas Steels Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Aditya Gupta ceased to be Director on 12 May 2012.
11 earlier events are in the company report.
Frequently asked questions
Prayas Steels is an active private limited company based in New Delhi, Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 29 April 2005 (21+ years old) and is registered under CIN U27106DL2005PTC135555.
Prayas Steels has 2 current directors:
- Dev Dutt - Director
- Manju Gupta - Director
The latest financial statements of Prayas Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prayas Steels is 06AADCP9980A1ZD, registered in Haryana. 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 Prayas Steels is U27106DL2005PTC135555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayas Steels has 13 court cases on record: 3 filed by the company and 10 filed against it. 7 are pending. Most are in the district courts.
Prayas Steels was incorporated on 29 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Aditya Gupta ceased to be Director on 12 May 2012. Archna Gupta ceased to be Director on 19 Feb 2007. Surender Kumar ceased to be Director on 19 Feb 2007. Prayas Steels has 5 board changes on record in total.
Yes, Prayas Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0009004).
The registered office of Prayas Steels is at Wz – 1661 Nangal Raya, New Delhi, Delhi, India – 110046.