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Prag Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 25 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.90 Cr
- Satisfied Charges ₹ 1.67 Cr
- Revenue Growth 33.38%
- Profit Growth 59.26%
- Ebitda 65.34%
- Net Worth -12.08%
- Total Assets -4.22%
About Prag Industries (India)
Prag Industries (India) Private Limited (PIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 March 1999 and has a history of 25 years and 11 months. Its registered office is in Lucknow, Uttar Pradesh, India.
The Company is engaged in the Transport And Logistics 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 5.00 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹12.90 Cr. The company has closed loans amounting to ₹1.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amita Jain, Rakesh Jain, and Shaswati Banerjee serve as directors at the Company.
Company Details
- Location
Lucknow, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25199UP1999PTC024249
- Company No.
024249
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Mar 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
What products or services does Prag Industries (India) Private Limited offer?
Prag Industries (India) Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Air Intakes, Exhaust Systems & Parts, Automotive Filters, Inverters, UPS and Converters, Power Converter.
Who are the key members and board of directors at Prag Industries (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amita Jain  | Whole-Time Director | 05-Mar-1999 | Current |
| Rakesh Jain | Director | 05-Mar-1999 | Current |
| Shaswati Banerjee | Whole-Time Director | 15-Mar-1999 | Current |
Financial Performance of Prag Industries (India).
Prag Industries (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.38% increase. The company also saw a substantial improvement in profitability, with a 59.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Prag Industries (India)?
In 2023, Prag Industries (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹12.90 Cr
₹1.67 Cr
Charges Breakdown by Lending Institutions
- Others : 12.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2014 | Others | ₹8.00 Cr | Open |
| 02 Jul 2014 | Others | ₹4.90 Cr | Open |
| 30 Oct 2003 | Oriental Bank Of Commerce | ₹4.00 M | Satisfied |
| 21 May 2002 | Orient Al Bank Of Commerce | ₹0.50 M | Satisfied |
| 21 May 2002 | Oriental Bank Of Commerce | ₹0.50 M | Satisfied |
How Many Employees Work at Prag Industries (India)?
Prag Industries (India) has a workforce of 93 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prag Industries (India), 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 Prag Industries (India)'s trajectory.
Rating
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
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.
