Prime Steel Processors Private Limited
About Prime Steel Processors Private Limited
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Prime Steel Processors Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 April 2023.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25910PB2023PTC058242. Its GSTIN is 03AANCP6886H1ZW (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Atul Singal and Lokesh Jain.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹946.37 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹31.67 Cr (net margin 3.3%) and EBITDA of ₹66.99 Cr (EBITDA margin 7.1%).
The company is associated with 1 brand: TK Steels. As per MCA filings, the company has open charges of ₹209.45 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
Prime Steel Processors Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressV.P.O. Jandiali Budhewal Road, Chandigarh Road, Ludhiana, Punjab, India – 141112
- 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
Brands
Prime Steel Processors operates one associated brand: TK Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and supply of carbon and alloy steel products in India. | tksteels.com |
Business activity
The main business activities of Prime Steel Processors are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Prime Steel Processors Private Limited, buy the company report.
Financials of Prime Steel Processors Private Limited
FY 2025 filings availablePrime Steel Processors Private Limited reported revenue of ₹946.37 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year. EBITDA rose 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹66.99 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹31.67 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.1% | |
| Net Profit Margin | 3.3% | |
| 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 Prime Steel Processors Private Limited, buy the company report.
Board of directors of Prime Steel Processors Private Limited
Prime Steel Processors has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Singal Also directs: Giant Securities Private Limited, Eastman International Private Limited, Eastman Tubes Private Limited and 1 more | Director | 01 May 2023 | 3 Years 6 Months | Current |
| Lokesh Jain Also directs: Prime Steel Foundation, T K Steel Rolling Mills Private Limited, Aarti Steel International Limited and 1 more | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Dewaker Jain | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Aman Singal Also directs: Giant Securities Private Limited, Eastman Bakers Private Limited, Eastman International Private Limited and 2 more | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Prime Steel Processors Private 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 |
|---|---|---|---|---|---|---|
| Welspun Metallics Limited | ₹969.65 Cr (FY 2023) | 1440.0% | Kachchh, Gujarat, India | |||
| Nutan Ispat and Power Private Limited | ₹967.91 Cr (FY 2024) | 10.0% | Raipur, Chhattisgarh, India | |||
| Bansal Alloys and Metals Private Limited | ₹955.65 Cr (FY 2024) | -3.0% | Punjab, India | |||
| Prime Steel Processors Private Limitedthis company | ₹946.37 Cr (FY 2025) | ₹31.67 Cr | 3.3% | 26.0% | Ludhiana, Punjab, India | |
| Tejas Iron & Steel Private Limited | ₹934.34 Cr (FY 2025) | 10.0% | Patna, Bihar, India | |||
| Ganpati Sponge Iron Private Limited | ₹927.05 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Prime Steel Processors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2025 | 101051184 | Hdfc Bank Limited | ₹13.18 Lakh | Open | |
| 31 Dec 2024 | 101037080 | Others | ₹10 Lakh | Open | |
| 04 Dec 2024 | 101020624 | Hdfc Bank Limited | ₹57 Lakh | Open | |
| 17 Nov 2023 | 100821822 | Hdfc Bank Limited | ₹13 Lakh | Open | |
| 23 Oct 2023 | 100811624 | Hdfc Bank Limited | ₹49.6 Lakh | Open |
To see the full charge records of Prime Steel Processors Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Prime Steel Processors Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company | Pending |
To see the full case history of Prime Steel Processors 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.
MSME payment delays
Prime Steel Processors Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 42 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Static Control Systems Pvt Ltd | |||
| Rebs Lubrication India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Prime Steel Processors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Prime Steel Processors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AANCP6886H1ZW | Punjab | Active | 21 Apr 2023 |
To see the full GST registrations and return filing status of Prime Steel Processors Private Limited, buy the company report.
Recent activity
Prime Steel Processors Private Limited has 5 board changes on record since 2023: 4 appointments and 1 cessation. The latest: Atul Singal ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Prime Steel Processors is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 April 2023 (3+ years old) and is registered under CIN U25910PB2023PTC058242.
Prime Steel Processors has 4 current directors:
- Atul Singal - Director
- Lokesh Jain - Director
- Dewaker Jain - Director
- Aman Singal - Director
The latest financial statements of Prime Steel Processors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Prime Steel Processors is 03AANCP6886H1ZW, registered in Punjab. 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 Prime Steel Processors is U25910PB2023PTC058242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Steel Processors has 1 court case on record: 1 filed against it. 1 is pending.
Prime Steel Processors was incorporated on 20 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Prime Steel Processors by revenue are Welspun Metallics Limited, Nutan Ispat and Power Private Limited, Bansal Alloys and Metals Private Limited, Tejas Iron & Steel Private Limited, Ganpati Sponge Iron Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Atul Singal ceased to be Additional Director on 29 Sep 2024. Atul Singal was appointed as Director on 01 May 2023. Aman Singal was appointed as Director on 20 Apr 2023. Prime Steel Processors has 5 board changes on record in total.
Prime Steel Processors has 2 MSME Form 1 returns on record between 2023 and 2024, listing 42 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Prime Steel Processors is at V.P.O. Jandiali Budhewal Road, Chandigarh Road, Ludhiana, Punjab, India – 141112.
Prime Steel Processors operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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