Prayas Steels Private Limited

Prayas Steels Private Limited - metals and minerals in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U27106DL2005PTC135555 Incorporated 29 April 2005 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹191.71 Cr
▼ 9% YoY
Net profit · FY 2025
₹1.02 Cr
Net margin 0.5%
EBITDA · FY 2025
₹4.9 Cr
EBITDA margin 2.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.76 Cr
Issued & subscribed
Open charges
₹55.45 Cr
Satisfied ₹13.5 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

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

CIN U27106DL2005PTC135555
Registration Number 135555
Incorporation Date 29 April 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0009004

Recognitions & Rankings of Prayas Steels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-03-0009004

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 Address
    Wz – 1661 Nangal Raya, New Delhi, Delhi, India – 110046
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Prayas Steels Private Limited, buy the company report.

Comprehensive company report
Prayas Steels 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
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Business activity

The main business activity of Prayas Steels is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail 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 available

Prayas Steels Private Limited reported revenue of ₹191.71 Cr (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹191.71 Cr ▼ 9%
Net profit · FY 2025
₹1.02 Cr margin 0.5%
EBITDA · FY 2025
₹4.9 Cr margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.6%
Net Profit Margin0.5%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Dev DuttDirector29 Apr 200521 Years 5 MonthsCurrent
Manju GuptaDirector29 Apr 200521 Years 5 MonthsCurrent

Auditor

Prayas Steels Private Limited is audited by KHEM SHIV AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KHEM SHIV AND ASSOCIATESFY 2023019459N

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹55.45 Cr
Satisfied charges
₹13.5 Cr
Breakdown by lending institutions
Others₹53.95 Cr
The Karur Vysya Bank Ltd.₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Dec 2025101196963Others₹19.95 CrOpen
21 Jun 2025101112896Others₹6 CrOpen
27 Jan 2022100530553Others₹1.5 CrOpen
31 Dec 2021100528331Others₹2.5 CrOpen
18 Nov 2016100071196Others₹24 CrOpen

To see the full charge records of Prayas Steels Private Limited, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

Prayas Steels Private Limited was last rated by Crisil on 06 Dec 2021.

Rating agencyRated onRating
Crisil06 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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AADCP9980A1ZDHaryanaActive01 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.

Charges
A charge with Others amounted to Rs. 19.95 Cr with Charge ID 101196963 was registered on 03 Dec 2025.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101112896 was registered on 21 Jun 2025.
AGM
Prayas Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 24.00 Cr registered on 18 Nov 2016 with Charge ID 100071196 was modified on 15 Jun 2024.
Filing
Prayas Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 31 Jan 2016 via Charge ID 10616856 with Icici Bank Limited was fully satisfied on 27 Feb 2023.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100530553 was registered on 27 Jan 2022.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100528331 was registered on 31 Dec 2021.
Charges
A charge registered on 07 Mar 2007 via Charge ID 10043430 with State Bank Of Patiala was fully satisfied on 17 Dec 2016.
Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100071196 was registered on 18 Nov 2016.
Charges
A charge with Icici Bank Limited amounted to Rs. 1.50 Cr with Charge ID 10616856 was registered on 31 Jan 2016.
Charges
A charge with State Bank Of Patiala of Rs. 9.00 Cr registered on 07 Mar 2007 with Charge ID 10043430 was modified on 22 Feb 2013.

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:

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.