About Prime Ispat Limited
Data last updated:
Prime Ispat Limited is a public limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 21 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27109CT2004PLC016630. Its GSTIN is 22AADCP3179M1Z7 (Chattisgarh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.87 Cr. It was formerly known as Prime Ispat P Limited. It is led by directors including Ashok Kumar Agrawal (Managing Director) and Manohar Lal Sharma (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 Vill. Bana Via – Hirapur Tendua, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹525.28 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Cr (net margin 0.5%) and EBITDA of ₹16.21 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prime Ispat Limited. As per MCA filings, the company has open charges of ₹82.03 Cr and satisfied charges of ₹74 Cr on record. Court records list 29 cases involving the company, including 19 filed by the company and 8 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primeispat.com.
CIN History of Prime Ispat Limited
Prime Ispat has one previous CIN (Corporate Identification Number): U27109CT2004PTC016630. The current CIN is U27109CT2004PLC016630, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109CT2004PLC016630 | Current |
| U27109CT2004PTC016630 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVill. Bana Via – Hirapur Tendua, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Associated Brands with Prime Ispat Limited
Prime Ispat operates one associated brand: Prime Ispat Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of steel products for construction and railway applications in India. | primeispat.com |
Business Activity of Prime Ispat Limited
The main business activity of Prime Ispat is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prime Ispat Limited FY 2025 filings available
Prime Ispat Limited reported revenue of ₹525.28 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prime Ispat Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 16% 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 of Prime Ispat Limited
| 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 | ₹16.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.59 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 of Prime Ispat Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prime Ispat are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Prime Ispat Limited
Prime Ispat has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Agrawal Also directs: Bapu Agriculture Private Limited | Managing Director | 21 May 2004 | 22 Years 5 Months | Current |
| Manohar Lal Sharma | Whole-Time Director | 18 Feb 2016 | 10 Years 8 Months | Current |
| Ayush Goyal Also directs: Karuna Vanijya Private Limited | Whole-Time Director | 26 Feb 2018 | 8 Years 7 Months | Current |
| Uttam Chand Agrawal | Director | 25 Mar 2019 | 7 Years 6 Months | Current |
| Pawan Kumar Agrawal Also directs: Xpress Mining Private Limited | Whole-Time Director | 21 May 2004 | 22 Years 5 Months | Current |
Peer Comparison of Prime Ispat Limited
Prime Ispat Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreejee Structural Steel Private Limited | ₹532.56 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| A One Steels India Private Limited | ₹532.16 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Sudha Steel Manufacturer Private Limited | ₹531.92 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Sawaria Pipes Private Limited | ₹530.48 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| SRJ Strips and Pipes Private Limited | ₹527.35 Cr (FY 2025) | •••• | •••• | 782421.0% | •••• | Jalna, Maharashtra, India |
| Prime Ispat Limited this company | ₹525.28 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Raipur, Chhattisgarh, India |
| Ishwar TMT Private Limited | ₹523.64 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Raipur, Chhattisgarh, India |
| Kashvi Power & Steel Private Limited | ₹517.08 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Bhubaneswar, Odisha, India |
| Lakshmanveer Steel Private Limited | ₹516.91 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Jaipur, Rajasthan, India |
| RKSK Steel India Private Limited | ₹516.54 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Behari Lal Engineering Limited | ₹516.3 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mandi Gobindgarh, Punjab, India |
Peers are the five companies nearest above and the five nearest below Prime Ispat by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prime Ispat Limited
Prime Ispat Limited is audited by BEGANI & BEGANI for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BEGANI & BEGANI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Prime Ispat Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prime Ispat Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2024 | Others | ₹95.15 Lakh | Open |
| 27 Apr 2011 | State Bank of India | ₹81.08 Cr | Open |
| 22 Apr 2019 | Hdfc Bank Limited | ₹18 Cr | Satisfied |
| 28 Nov 2011 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
| 16 Mar 2006 | Union Bank of India | ₹46 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Prime Ispat Limited
Prime Ispat Limited has 29 court cases on record: 19 filed by Prime Ispat, 8 filed against it, 2 where it is another party. 8 cases are pending and 21 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 5 | 5 |
| High courts | 12 | 2 | 3 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Arbitration matter | Filed by the company against Steel Authority of India Limited | Pending |
| High Court of Chhattisgarh | Arbitration matter | Filed by the company against Steel Authority of India Limited | Pending |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against Steel Authority of India Limited | Disposed |
| District court, Raipur, Chhattisgarh | Execution petition | Filed against the company by G.K. Autowheels Private Limited | Disposed |
| District court, Raipur, Chhattisgarh | Revision petition | Filed by the company against an individual | Pending |
Full case history
All 29 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Prime Ispat Limited
Prime Ispat Limited has a workforce of 28 employees as of Oct 11, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prime Ispat Limited
Prime Ispat Limited has 14 board changes on record since 2004: 5 appointments and 9 cessations. The latest: Sunil Tiwari ceased to be Director on 14 Nov 2022.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prime Ispat Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prime Ispat Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prime Ispat Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prime Ispat Limited
Prime Ispat has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCP3179M1Z7 | Chattisgarh | Active | 01 Jul 2017 |
| 22AADCP3179M1DG | Chattisgarh | Active | 05 Nov 2024 |
| 232300000457AR0 | Madhya Pradesh | Active | 30 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prime Ispat Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prime Ispat Limited
Prime Ispat is an active public limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 21 May 2004 (22+ years old) and is registered under CIN U27109CT2004PLC016630.
Prime Ispat reported revenue of ₹525.28 Cr for FY 2025 (down 5% YoY).
Prime Ispat has 5 current directors:
- Ashok Kumar Agrawal - Managing Director
- Manohar Lal Sharma - Whole-Time Director
- Ayush Goyal - Whole-Time Director
- Pawan Kumar Agrawal - Whole-Time Director
- Uttam Chand Agrawal - Director
Prime Ispat reported a net profit of ₹2.59 Cr (net margin 0.5%) and EBITDA of ₹16.21 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prime Ispat is 6% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prime Ispat is 22AADCP3179M1Z7, registered in Chattisgarh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 22AADCP3179M1DG (Chattisgarh), 232300000457AR0 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Prime Ispat is U27109CT2004PLC016630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Ispat has 29 court cases on record: 19 filed by the company and 8 filed against it. 8 are pending. Most are in the district courts.
Prime Ispat was incorporated on 21 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Prime Ispat by revenue are Shreejee Structural Steel Private Limited, A One Steels India Private Limited, Sudha Steel Manufacturer Private Limited, Sawaria Pipes Private Limited, SRJ Strips and Pipes Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Sunil Tiwari ceased to be Director on 14 Nov 2022. Uttam Chand Agrawal was appointed as Director on 25 Mar 2019. Ayush Goyal ceased to be Director on 01 Feb 2019. Prime Ispat has 14 board changes on record in total.