Prinik Steels Private Limited
About Prinik Steels Private Limited
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Prinik Steels Private Limited is a private limited company based in Ganjam, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 28 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27104OR1999PTC005816. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.69 Cr. It is led by directors Rajeev Kumar Agarwal (Managing Director) and Sanjeev Kumar Agarwal.
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 At – K – Lachhaman Palli Po – Kotinada Via – Nuagam Asska, Ganjam, Odisha, India – 761111.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.7 Lakh, a growth of 126% compared to the previous year. For the same year it recorded a net loss of ₹24.22 Lakh (net margin -106.7%) and EBITDA of -₹25.99 Lakh (EBITDA margin -114.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹11.27 Cr on record. Court records list 19 cases involving the company, including 15 filed by the company and 4 filed against it; 9 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Prinik Steels Private Limited's registered office is in Ganjam, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt – K – Lachhaman Palli Po – Kotinada Via – Nuagam Asska, Ganjam, Odisha, India – 761111
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Prinik Steels Private 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
Financials of Prinik Steels Private Limited
FY 2025 filings availablePrinik Steels Private Limited reported revenue of ₹22.7 Lakh (up 126% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 126% growth in the latest year. EBITDA rose 29% 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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| EBITDA | -₹25.99 Lakh | ||||
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| Net Profit (PAT) | -₹24.22 Lakh | ||||
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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 | -114.5% | ||||
| Net Profit Margin | -106.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prinik Steels Private Limited, buy the company report.
Board of directors of Prinik Steels Private Limited
Prinik Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Kumar Agarwal Also directs: Bti Steels Private Limited, Prinik Sponge Iron Private Limited | Managing Director | 28 Jun 1999 | 27 Years 4 Months | Current |
| Sanjeev Kumar Agarwal Also directs: Binay Udyog Pvt Ltd | Director | 28 Jun 1999 | 27 Years 4 Months | Current |
Peer comparison
Prinik Steels Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steel Matics Private Limited | ₹23.07 Lakh (FY 2024) | -52.0% | Delhi, India | |||
| Anp Steel Private Limited | ₹23.01 Lakh (FY 2022) | Thane, Maharashtra, India | ||||
| Avantika Stainless Steel Private Limited | ₹22.95 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Allied International Products Private Limited | ₹22.78 Lakh (FY 2025) | 66.0% | Delhi, India | |||
| Marudhar Steel Rolling Mills Private Limited | ₹22.76 Lakh (FY 2025) | 55.0% | Jaipur, Rajasthan, India | |||
| Prinik Steels Private Limitedthis company | ₹22.7 Lakh (FY 2025) | -₹24.22 Lakh | -106.7% | 126.0% | Ganjam, Odisha, India | |
| Jallandhar Steel Tubes Private Limited | ₹22.53 Lakh (FY 2025) | 226.0% | New Delhi, Delhi, India | |||
| VSB Steel India Private Limited | ₹22.51 Lakh (FY 2025) | 86.0% | Panchkula, Haryana, India | |||
| Steel City Investment Services Pvt Ltd | ₹22.4 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Conros Iron and Steel Company Limited | ₹22.38 Lakh (FY 2019) | -15.0% | Mumbai, Maharashtra, India | |||
| Eterna Steel & Investments Pvt Ltd | ₹22.35 Lakh (FY 2018) | -62.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prinik Steels Private Limited, buy the company report.
Auditor
Prinik Steels Private Limited is audited by G N S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G N S & ASSOCIATES | FY 2020 | 318171E |
Shareholding
The shareholding of Prinik Steels Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prinik Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2020 | 100414097 | Hdfc Bank Limited | ₹8 Lakh | Open | |
| 29 Dec 2014 | 10547696 | United Bank of India | ₹1.25 Cr | Open | |
| 29 Nov 2004 | 90081326 | United Bank of India | ₹9.94 Cr | Open |
To see the full charge records of Prinik Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Prinik Steels Private Limited has 19 court cases on record: 15 filed by Prinik Steels, 4 filed against it. 9 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 3 |
| District courts | 7 | 1 | 6 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Court case (OTAPL) | Filed against the company by Principal Commissioner,Cgst and Central Excise,Bhubaneswar Tushar Kanti Satapathy,Sr.S.C | Pending |
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by an individual | Pending |
| High Court | Court case (STREV) | Filed by the company against State of Orissa | Pending |
| District court, Khurda, Orissa | Court case (I.c.c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Rameswar Traders and Others | Pending |
To see the full case history of Prinik Steels 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
No delayed payments to MSME suppliers are on our record for Prinik Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prinik Steels Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
Prinik Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prinik Steels Private Limited, buy the company report.
Recent activity
Prinik Steels Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Rajeev Kumar Agarwal was appointed as Managing Director on 28 Jun 1999.
Frequently asked questions
Prinik Steels is an active private limited company based in Ganjam, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 28 June 1999 (27+ years old) and is registered under CIN U27104OR1999PTC005816.
Prinik Steels has 2 current directors:
- Rajeev Kumar Agarwal - Managing Director
- Sanjeev Kumar Agarwal - Director
The latest financial statements of Prinik Steels 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.
No. Prinik Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prinik Steels is U27104OR1999PTC005816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prinik Steels has 19 court cases on record: 15 filed by the company and 4 filed against it. 9 are pending. Most are in the high courts.
Prinik Steels was incorporated on 28 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Prinik Steels by revenue are Steel Matics Private Limited, Anp Steel Private Limited, Avantika Stainless Steel Private Limited, Allied International Products Private Limited, Marudhar Steel Rolling Mills Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Rajeev Kumar Agarwal was appointed as Managing Director on 28 Jun 1999. Sanjeev Kumar Agarwal was appointed as Director on 28 Jun 1999.
The registered office of Prinik Steels is at At – K – Lachhaman Palli Po – Kotinada Via – Nuagam Asska, Ganjam, Odisha, India – 761111.
Prinik Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
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