MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0015369
Premier Steel Complex Private Limited - metals and minerals in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹166.41 Cr
▲ 1% YoY
Net profit · FY 2024
₹5.32 Cr
Net margin 3.2%
EBITDA · FY 2024
₹14.84 Cr
EBITDA margin 8.9%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹108.81 Cr
Satisfied ₹75.13 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
171
Provident fund records
About Premier Steel Complex Private Limited
Data last updated:
Premier Steel Complex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27104TN1998PTC040386. Its GSTIN is 33AAACP9861D1ZH (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Venugopal Govindarajulu (Managing Director) and Venugopal Nalini.
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 I A/3 Sidcoindustrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2024, the company reported a revenue of ₹166.41 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.32 Cr (net margin 3.2%) and EBITDA of ₹14.84 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
The company has about 171 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Premier Steel Complex Pvt Ltd. As per MCA filings, the company has open charges of ₹108.81 Cr and satisfied charges of ₹75.13 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 4 cases are pending.
Premier Steel Complex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0015369). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premiersteels.in.
Company details
CIN U27104TN1998PTC040386
Registration Number 040386
Incorporation Date 24 April 1998
ROC Chennai
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-TN-02-0015369
Key People
Venugopal Govindarajulu Managing Director Venugopal Nalini Director Venugopal Karthik Director Recognitions & Rankings of Premier Steel Complex
Contact details
Premier Steel Complex Private Limited's registered office is in Chennai, Tamil Nadu. Its website is premiersteels.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressI A/3 Sidcoindustrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Premier Steel Complex Private Limited, buy the company report.
Comprehensive company report
Premier Steel Complex 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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Brands
Premier Steel Complex operates one associated brand: Premier Steel Complex Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and supply services in Chennai. | premiersteels.in |
Business activity
The main business activity of Premier Steel Complex 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 Premier Steel Complex Private Limited, buy the company report.
Financials of Premier Steel Complex Private Limited
FY 2024 filings availablePremier Steel Complex Private Limited reported revenue of ₹166.41 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹166.41 Cr ▲ 1%
Net profit · FY 2024
₹5.32 Cr margin 3.2%
EBITDA · FY 2024
₹14.84 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 22%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 15%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹14.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.32 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Premier Steel Complex Private Limited, buy the company report.
Board of directors of Premier Steel Complex Private Limited
Premier Steel Complex has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Govindarajulu Also directs: Premier Steel Components Private Limited | Managing Director | 24 Apr 1998 | 28 Years 6 Months | Current |
| Venugopal Nalini Also directs: Premier Steel Components Private Limited | Director | 24 Apr 1998 | 28 Years 6 Months | Current |
| Venugopal Karthik Also directs: Premier Steel Components Private Limited | Director | 15 Sep 2004 | 22 Years 1 Months | Current |
Peer comparison
Premier Steel Complex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Yazdani Steel & Power Limited | ₹167.57 Cr (FY 2025) | 155.0% | Bhubaneswar, Odisha, India | |||
| Timexo Fasteners (India) Private Limited | ₹167.23 Cr (FY 2025) | 29.0% | Uttar Pradesh, India | |||
| Premier Steel Complex Private Limitedthis company | ₹166.41 Cr (FY 2024) | ₹5.32 Cr | 3.2% | 1.0% | 171 | Chennai, Tamil Nadu, India |
| Subhlaxmi Steel and Alloys Private Limited | ₹166.08 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Sai Sponge (India) Private Limited | ₹166.02 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Someshwar Ispat Private Limited | ₹165.97 Cr (FY 2022) | -27.0% | Mehsana, Gujarat, India | |||
| Agrawal Sponge Private Limited | ₹165.38 Cr (FY 2025) | -14.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Premier Steel Complex Private Limited, buy the company report.
Auditor
Premier Steel Complex Private Limited is audited by N GANESAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N GANESAN & CO | FY 2023 | 025530S |
Shareholding
The shareholding of Premier Steel Complex 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 Premier Steel Complex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹108.81 Cr
Satisfied charges
₹75.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2022 | 100633788 | Others | ₹1.7 Cr | Open | |
| 25 Jul 2022 | 100599014 | Hdfc Bank Limited | ₹18 Cr | Open | |
| 28 Sep 2021 | 100499122 | Hdfc Bank Limited | ₹3.52 Cr | Open | |
| 07 Jun 2021 | 100455604 | Hdfc Bank Limited | ₹66 Cr | Open | |
| 23 Apr 2021 | 100437942 | Others | ₹19.5 Cr | Open |
To see the full charge records of Premier Steel Complex Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Premier Steel Complex Private Limited has 11 court cases on record: 9 filed by Premier Steel Complex, 2 filed against it. 4 cases are pending and 7 are disposed.
Total cases
11
Filed by the company
9
Filed against the company
2
Pending
4
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 4 | 0 | 4 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by Narayani Ispat Pvt. Ltd. | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed by the company against an individual | Disposed |
To see the full case history of Premier Steel Complex 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
Premier Steel Complex Private Limited was last rated by Crisil on 06 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Jan 2021 |
To see the full credit ratings and regulatory alerts of Premier Steel Complex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Steel Complex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Premier Steel Complex Private Limited has a workforce of 171 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
171
Active EPFO establishments
1
Employee growth
3.64%
GST
Premier Steel Complex has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACP9861D1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Steel Complex Private Limited, buy the company report.
Recent activity
Premier Steel Complex Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Venugopal Karthik was appointed as Director on 15 Sep 2004.
AGM
Premier Steel Complex 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. 1,950.00 Lakh registered on 23 Apr 2021 with Charge ID 100437942 was modified on 08 Apr 2024.
Filing
Premier Steel Complex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 1,800.00 Lakh registered on 25 Jul 2022 with Charge ID 100599014 was modified on 24 Nov 2022.
Charges
A charge with Others amounted to Rs. 170.32 Lakh with Charge ID 100633788 was registered on 06 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 352.00 Lakh registered on 28 Sep 2021 with Charge ID 100499122 was modified on 24 Aug 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 6,600.00 Lakh registered on 07 Jun 2021 with Charge ID 100455604 was modified on 24 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,800.00 Lakh with Charge ID 100599014 was registered on 25 Jul 2022.
Charges
A charge registered on 27 Sep 2017 via Charge ID 100126709 with Axis Bank Limited was fully satisfied on 23 May 2022.
Charges
A charge registered on 07 May 2010 via Charge ID 10226137 with Canara Bank was fully satisfied on 23 May 2022.
Charges
A charge registered on 25 Mar 2010 via Charge ID 10212857 with Canara Bank was fully satisfied on 23 May 2022.
Charges
A charge registered on 11 Feb 2010 via Charge ID 10201610 with Canara Bank was fully satisfied on 23 May 2022.
25 earlier events are in the company report.
Frequently asked questions
Premier Steel Complex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 April 1998 (28+ years old) and is registered under CIN U27104TN1998PTC040386.
Premier Steel Complex has 3 current directors:
- Venugopal Govindarajulu - Managing Director
- Venugopal Nalini - Director
- Venugopal Karthik - Director
The latest financial statements of Premier Steel Complex 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 Premier Steel Complex is 33AAACP9861D1ZH, registered in Tamil Nadu. 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 Premier Steel Complex is U27104TN1998PTC040386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Steel Complex has 11 court cases on record: 9 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Premier Steel Complex was incorporated on 24 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Premier Steel Complex by revenue are Yazdani Steel & Power Limited, Timexo Fasteners (India) Private Limited, Subhlaxmi Steel and Alloys Private Limited, Sai Sponge (India) Private Limited, Someshwar Ispat Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Venugopal Karthik was appointed as Director on 15 Sep 2004. Venugopal Govindarajulu was appointed as Managing Director on 24 Apr 1998. Venugopal Nalini was appointed as Director on 24 Apr 1998.
Yes, Premier Steel Complex is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0015369).
Premier Steel Complex can be reached through the website premiersteels.in. Its registered office is in Chennai, Tamil Nadu, India.
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