About Prime Ispat Limited
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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 9 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 31 cases involving the company, including 19 filed by the company and 12 filed against it; 9 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.
Company details
CIN history
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 |
Contact details
Prime Ispat Limited's registered office is in Raipur, Chhattisgarh. Its website is primeispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVill. Bana Via – Hirapur Tendua, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Prime Ispat 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
Brands
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
The main business activity of Prime Ispat 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 Prime Ispat Limited, buy the company report.
Financials of Prime Ispat Limited
FY 2025 filings availablePrime Ispat Limited reported revenue of ₹525.28 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹16.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.59 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Prime Ispat Limited, buy the company report.
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 8 Months | Current |
| Uttam Chand Agrawal | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Pawan Kumar Agrawal Also directs: Xpress Mining Private Limited | Whole-Time Director | 21 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Prime Ispat Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹525.28 Cr (FY 2025) | ₹2.59 Cr | 0.5% | -5.0% | 9 | Raipur, Chhattisgarh, India |
| Ishwar TMT Private Limited | ₹523.64 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Prime Ispat Limited, buy the company report.
Auditor
Prime Ispat Limited is audited by BEGANI & BEGANI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BEGANI & BEGANI | FY 2021 | 010779C |
Shareholding
The shareholding of Prime Ispat Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prime Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2024 | 100942540 | Others | ₹95.15 Lakh | Open | |
| 27 Apr 2011 | 10288292 | State Bank of India | ₹81.08 Cr | Open | |
| 22 Apr 2019 | 100266685 | Hdfc Bank Limited | ₹18 Cr | Satisfied | |
| 28 Nov 2011 | 10322920 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 16 Mar 2006 | 80017683 | Union Bank of India | ₹46 Cr | Satisfied |
To see the full charge records of Prime Ispat Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Prime Ispat Limited has 31 court cases on record: 19 filed by Prime Ispat, 12 filed against it. 9 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 6 | 5 |
| High courts | 12 | 3 | 3 |
| Supreme Court | 4 | 2 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 31)
| 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 |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Ravi Kapoor Liquidator of Accord Industries 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 Pvt. Ltd. | Disposed |
To see the full case history of Prime Ispat 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
Prime Ispat Limited was last rated by Crisil on 22 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jul 2020 |
To see the full credit ratings and regulatory alerts of Prime Ispat Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prime Ispat Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Prime Ispat Limited, buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Prime Ispat Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 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
The latest financial statements of Prime Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 31 court cases on record: 19 filed by the company and 12 filed against it. 9 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 A One Steels India Private Limited, Sudha Steel Manufacturer Private Limited, Sawaria Pipes Private Limited, SRJ Strips and Pipes Private Limited, Ishwar TMT Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
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.
Prime Ispat can be reached through the website primeispat.com. Its registered office is in Raipur, Chhattisgarh, India.
The registered office of Prime Ispat is at Vill. Bana Via – Hirapur Tendua, Raipur, Chhattisgarh, India – 492001.
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