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Prag Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- 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 26 years and two 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 9.00 M.
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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Transport and Logistics
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.
Prag Industries (India) Private Limited
Explore comprehensive data for Prag Industries (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Cash Flow
- Ratios
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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)
Open Charges
₹12.90 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Prag Industries (India)
Recent activity within the organization
- Annual General Meeting
Prag Industries (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prag Industries (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Charges
A charge with Others of Rs. 8.00 Cr registered on 05 Dec 2014 with Charge ID 10536606 was modified on 03 Dec 2019.
- Charges
A charge with Others of Rs. 4.90 Cr registered on 02 Jul 2014 with Charge ID 10519316 was modified on 21 Mar 2018.
- Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 10536606 was registered on 05 Dec 2014.
- Charges
A charge with Others amounted to Rs. 4.90 Cr with Charge ID 10519316 was registered on 02 Jul 2014.
Frequently asked questions
What is the Incorporation or founding date of Prag Industries (India) Private Limited?
Prag Industries (India) Private Limited was incorporated on 05 Mar 1999.
What is authorized share capital and paid-up capital of Prag Industries (India) Private Limited?
The authorized share capital of Prag Industries (India) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 9.00 M.
Who are the current board members & directors of Prag Industries (India) Private Limited?
Currently 3 directors are associated with Prag Industries (India) Private Limited.
- Amita Jain
- Rakesh Jain
- Shaswati Banerjee
What is the registered address of Prag Industries (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prag Industries (India) Private Limited is E-7 Talkatora Industrial Estate India, Lucknow, Uttar Pradesh, 226011.
What is the corporate identification number (CIN) and company number of Prag Industries (India) Private Limited?
The corporate identification number (CIN) of Prag Industries (India) Private Limited is U25199UP1999PTC024249 and the company number is 024249 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prag Industries (India) Private Limited?
The Official website of Prag Industries (India) Private Limited is https://www.praggroup.com
What has been the recent revenue trend for Prag Industries (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prag Industries (India) Private Limited has risen by 33.38%.
How many employees does Prag Industries (India) Private Limited currently have?
As Per 2023 financial reports, 93 employees are currently employed by Prag Industries (India) Private Limited.
What change has been observed in the net worth of Prag Industries (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prag Industries (India) Private Limited has experienced an downturn of -12.08%.
What are the total open charges for Prag Industries (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prag Industries (India) Private Limited amount to ₹ 12.90 Cr.
When was the last Balance Sheet of Prag Industries (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Prag Industries (India) Private Limited was filed with the ROC on 31 Mar 2024.
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