Skip to content

How to start Prime Gold Dealership?

Due to the surge in infrastructure projects and the growth of the construction industry, steel consumption in India is increasing year by year.

Many famous steel brands in India offer sales and distribution opportunities. One such brand is Prime Gold.

If you are interested in TMT trading you can start a prime gold dealership and earn a good income.

In this article, we will discuss all the factors required to start a Primegold dealership like dealership cost, dividends, licenses etc.

Why choose Prime Gold?

Prime Gold Dealership

Established in 1984, Prime Gold is one of the leading steel manufacturers in India. The company has headquarters in New Delhi.

Prime Gold has 11 state-of-the-art associate manufacturing plants with an annual production capacity of 3 lakh tonnes per annum.

The company has a pan-India presence with dealers and distributors in 16 Indian states. Prime Gold produces Fe 500,550,600 grade TMT bars with the brand name Primegold Fe500, Primegold Super X, and Primegold SAIL JVC.

Licenses and Registrations required

These are the licenses and documents required to start a Prime Gold TMT dealership.

  • Business Registration – Sole proprietorship /LLP
  • Shop & Establishment Registration – from the state board
  • GST certificate
  • Previous bank statement – for financial background verification
  • Valid land documents / Lease agreements.
  • If you lack capital, then you can approach banks like SIDBI for a business loan.

Prime Gold Dealership Cost

Prime Gold dealership cost

To start a Prime Gold dealership you need an investment of around 10 lakhs to 12 lakhs.

Here is the break-down of the investment,

  • Dealership Security Deposit -> 1 lakh
  • Initial inventory/stock purchase -> 7 lakhs to 8 lakhs
  • TMT bar cutting machine -> 15,000 rupees
  • Weighing machine -> 14,000 rupees
  • Shop Interior and Warehouse -> 80,000 rupees
  • Labour (1st-month salary) -> 30,000 (2 nos)
  • Shop security deposit – Extra

The monthly ongoing expenses include Shop rent, labour salary, stock purchase, utility bills, etc.

If you are interested in distributorship instead of the dealership then you need 50 lakhs as an investment.


  1. TATA Tiscon Dealership? | Complete Details
  2. Ultratech Cement Dealership | Complete Guide

Profit margin in Prime Gold dealership

In the Prime Gold TMT bar dealership, you can expect a profit margin of around 1% to 1.5% of your gross sales.

Like any other dealership, if you place large order then you will get material at a better-discounted price and you can earn more profit. So to get better profit, you need to have more monthly sales.

You may also Like:

  1. JSW Neosteel TMT Dealership | Complete guide
  2. SRMB TMT Dealership | Complete guide

How to get Prime Gold Dealership?

To get a Prime Gold dealership, you need to contact your regional business development officer. You can get his number by calling Prime Gold at +91-11-47760000.

If you are eligible for the dealership, then he will help you in setting up your shop and connects you to your region’s Prime Gold distributor.

If there is already a Prime Gold dealer in your town, the chances of getting a dealership are less.

How to apply for the Dealership?

You can apply to dealership by calling Prime Gold at +91-11-47760000. You can also apply at their official website OR Emailing [email protected]

Visit them at –

Prime Gold, 5/2, Punjabi Bagh Extn., Club Road,
New Delhi – 110026.

FAQ about Dealership

How much investment is required for the Prime Gold dealership?

You require 10 lakhs to 12 lakhs investment to start a dealership

Shop space required for the Prime Gold dealership?

The minimum space required is 1000 square feet

Profit margin in Prime Gold TMT dealership?

You can expect a profit margin of 1% to 1.5% on gross sales.

How to contact Prime Gold?

You can call Prime Gold by calling their toll-free number +91-11-47760000

I hope this article has resolved many of your doubts about the Prime Gold dealership, if you have any suggestions feel free to mention them in the comment box below.

Share with your friends :

Leave a Reply

Your email address will not be published. Required fields are marked *