Grameen Pragati Foundation

This company aims to alleviate poverty and promote development through micro-financing and welfare activities.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: February 09, 2025

Grameen Pragati Foundation Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -43.21%
  • Profit Growth -11.56%
  • Ebitda -10.70%
  • Net Worth -55.89%
  • Total Assets 12.35%

About Grameen Pragati Foundation

Grameen Pragati Foundation (GPF) is a Public Not For Profit Company incorporated in India on 25 July 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Grameen Pragati. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Dewang Neralla, Neeta Neralla, Alok Mehta, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    grameenpragati.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000MH2008NPL185106

  • Company No.

    185106

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    25 Jul 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Grameen Pragati Foundation?

Board Members (4)

NameDesignationAppointment DateStatus
Amarendra Sahoo Country flag representing In Director 17-Jun-2020Current
Dewang Neralla Country flag representing In Additional Director Current
Neeta Neralla Country flag representing In Director 17-Jun-2020Current
Alok Mehta Country flag representing In Director 06-Oct-2017Current

Financial Performance of Grameen Pragati Foundation.

Grameen Pragati Foundation, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.21% decrease. The company also saw a substantial fall in profitability, with a 11.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.89%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-43.21%
Revenue from Operations
-47.15%
Total Assets
12.35%
Profit or Loss
-11.56%
Net Worth
-55.89%
EBITDA
-10.70%

What is the Ownership and Shareholding Structure of Grameen Pragati Foundation?

In 2023, Grameen Pragati Foundation had a promoter holding of 36.00% and a public holding of 64.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Grameen Pragati Foundation?

Unlock and access historical data on people associated with Grameen Pragati Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grameen Pragati Foundation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grameen Pragati Foundation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Grameen Pragati Foundation

Recent activity within the organization

  • Annual General Meeting

    Grameen Pragati Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grameen Pragati Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Neeta Dewang Neralla was appointed as a Director was appointed as a Director on 17 Jun 2020 & has been associated with this company since 4 years 8 months .

    17 Jun 2020

  • Director Appointment

    Amarendra Sahoo was appointed as a Director was appointed as a Director on 17 Jun 2020 & has been associated with this company since 4 years 8 months .

    17 Jun 2020

  • Director Appointment

    Alok Mehta was appointed as a Director was appointed as a Director on 06 Oct 2017 & has been associated with this company since 7 years 4 months .

    06 Oct 2017

  • Company Incorporation

    Grameen Pragati Foundation was registered on 25 Jul 2008 with Roc Mumbai & aged 16 years 7 months as per MCA records.

    25 Jul 2008

Frequently asked questions

  • Grameen Pragati Foundation was incorporated on 25 Jul 2008.

  • The authorized share capital of Grameen Pragati Foundation is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Grameen Pragati Foundation.

    • Dewang Sunderraj Neralla
    • Neeta Dewang Neralla
    • Alok Mehta
    • Amarendra Sahoo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grameen Pragati Foundation is B2201 Lodha Marquise Pandurang Budhkar Marg Worli, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Grameen Pragati Foundation is U93000MH2008NPL185106 and the company number is 185106 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grameen Pragati Foundation is https://www.grameenpragati.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grameen Pragati Foundation has fallen by -43.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grameen Pragati Foundation has experienced an downturn of -55.89%.

  • The most recent Balance Sheet for Grameen Pragati Foundation was filed with the ROC on 31 Mar 2023.

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