Prominent Metal Private Limited
About Prominent Metal Private Limited
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Prominent Metal Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 12 February 2014.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL2014PTC264825. Its GSTIN is 07AAHCP5784C1Z9 (Delhi).
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors Madhu Lata and Prem Chand Gupta.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Xwh20 2nd Floor Plot No – 5 Park End Vikas Marg, Delhi, India – 110092.
As per the financials filed for FY 2018, the company reported a revenue of ₹72.24 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹1.66 Cr (net margin -2.3%) and EBITDA of ₹80.75 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
Contact details
Prominent Metal Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressXwh20 2nd Floor Plot No – 5 Park End Vikas Marg, Delhi, India – 110092
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Prominent Metal 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
Business activity
The main business activity of Prominent Metal is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prominent Metal Private Limited, buy the company report.
Financials of Prominent Metal Private Limited
FY 2018 filings availableProminent Metal Private Limited reported revenue of ₹72.24 Cr (up 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 9% growth in the latest year. EBITDA fell 68% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹72.24 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹80.75 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.66 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.1% | |||
| Net Profit Margin | -2.3% | |||
| 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 Prominent Metal Private Limited, buy the company report.
Board of directors of Prominent Metal Private Limited
Prominent Metal has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Lata Also directs: Cardinal Biz Hub LLP, Gurmohan Garments Private Limited, Duke Sponge & Iron Private Limited and 5 more | Director | 20 Aug 2015 | 11 Years 2 Months | As last reported |
| Prem Chand Gupta Also directs: Cardinal Biz Hub LLP, Gurmohan Garments Private Limited, Duke Sponge & Iron Private Limited and 5 more | Director | 09 May 2015 | 11 Years 5 Months | As last reported |
Peer comparison
Prominent Metal Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rishav Iron & Steel Private Limited | ₹72.8 Cr (FY 2025) | -18.0% | Assam, India | |||
| Jay Bee Metalex Private Limited | ₹72.68 Cr (FY 2025) | 61.0% | Durg, Chhattisgarh, India | |||
| A.P.A. Infrasteel Private Limited | ₹72.46 Cr (FY 2023) | 51.0% | Ambikapur, Chhattisgarh, India | |||
| Tsi Metals Private Limited | ₹72.29 Cr (FY 2025) | 50.0% | Faridabad, Haryana, India | |||
| Prominent Metal Private Limitedthis company | ₹72.24 Cr (FY 2018) | -₹1.66 Cr | -2.3% | 9.0% | Delhi, India | |
| Tamilnadu Alloy Industries & Carbons (Coals) Private Limited | ₹71.96 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Sainath Metals & Alloys Private Limited | ₹71.81 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India | |||
| Shri Ram Impex (India) Private Limited | ₹71.8 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Prominent Metal Private Limited, buy the company report.
Auditor
Prominent Metal Private Limited is audited by Dinesh Kumar Gupta and Associates for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Kumar Gupta and Associates | FY 2018 | 032236N |
Shareholding
The shareholding of Prominent Metal Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prominent Metal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2014 | 10485078 | Others | ₹15 Cr | Open |
To see the full charge records of Prominent Metal Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prominent Metal Private Limited has 2 court cases on record: 1 filed by Prominent Metal, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed by the company against Laxmi Foils Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Nucon Switchgear Pvt Ltd | Disposed |
To see the full case history of Prominent Metal 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 Prominent Metal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prominent Metal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCP5784C1Z9 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prominent Metal Private Limited, buy the company report.
Recent activity
Prominent Metal Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Madhu Lata was appointed as Director on 20 Aug 2015.
Frequently asked questions
Prominent Metal is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Prominent Metal is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 12 February 2014 and is registered under CIN U51101DL2014PTC264825. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Prominent Metal has 2 current directors:
- Madhu Lata - Director
- Prem Chand Gupta - Director
The latest financial statements of Prominent Metal on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prominent Metal is U51101DL2014PTC264825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prominent Metal has open charges of ₹15 Cr and no satisfied charges on record as per latest MCA filings.
Prominent Metal has 2 court cases on record: 1 filed by the company and 1 filed against it.
Prominent Metal was incorporated on 12 February 2014. It is registered with the Registrar of Companies, Delhi.
The peers of Prominent Metal by revenue are Rishav Iron & Steel Private Limited, Jay Bee Metalex Private Limited, A.P.A. Infrasteel Private Limited, Tsi Metals Private Limited, Tamilnadu Alloy Industries & Carbons (Coals) Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Madhu Lata was appointed as Director on 20 Aug 2015. Mansi Aggarwal ceased to be Director on 12 May 2015. Prem Chand Gupta was appointed as Director on 09 May 2015. Prominent Metal has 6 board changes on record in total.
The registered office of Prominent Metal is at Xwh20 2nd Floor Plot No – 5 Park End Vikas Marg, Delhi, India – 110092.
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