Pragati Accessories Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 41 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.18 Cr
- Satisfied Charges ₹ 2.95 M
- Revenue Growth -11.43%
- Profit Growth -15.89%
- Ebitda -70.73%
- Net Worth 35.68%
- Total Assets 14.16%
About Pragati Accessories
Pragati Accessories Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 May 1983 and has a history of 41 years and nine months. Its registered office is in Delhi, India.
The Company is engaged in the Fmcg 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 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹2.18 Cr. The company has closed loans amounting to ₹2.95 M, as per Ministry of Corporate Affairs (MCA) records.
Namit Wadhwa, Meenu Wadhwa, and Ramesh Wadhwa serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74899DL1983PTC015754
- Company No.
015754
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 May 1983
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
FMCG
Manufacturing
What products or services does Pragati Accessories Private Limited offer?
Pragati Accessories Private Limited offers a wide range of products and services, including Faucets, Water Taps and Bib Cocks, Wall Mixers, Shower Fittings, Office Stationery & Calculator, Desk Accessories, Bathroom Taps, Hand Sanitizers & Personal Hygiene, Toothbrush, Industrial & Machine Brushes, Industrial Brushes.
Who are the key members and board of directors at Pragati Accessories?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Namit Wadhwa  | Director | 01-Mar-2012 | Current |
| Meenu Wadhwa | Director | 16-Aug-1988 | Current |
| Ramesh Wadhwa | Director | 01-Nov-2019 | Current |
Financial Performance of Pragati Accessories.
Pragati Accessories Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.43% decrease. The company also saw a substantial fall in profitability, with a 15.89% decrease in profit. The company's net worth Soared by an impressive increase of 35.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pragati Accessories?
In 2021, Pragati Accessories had a promoter holding of 93.15% and a public holding of 6.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
M.R. Utility Products Private LimitedRamesh Wadhwa is a mutual person
Charges (Loans)
Open Charges
₹21.84 M
Satisfied Charges
₹2.95 M
Charges Breakdown by Lending Institutions
- Canara Bank : 2.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2024 | Canara Bank | ₹4.73 M | Open |
| 28 May 2014 | Canara Bank | ₹1.71 Cr | Open |
| 19 Mar 1997 | Oriental Bank Of Commerce | ₹2.95 M | Satisfied |
How Many Employees Work at Pragati Accessories?
Pragati Accessories has a workforce of 155 employees as of Apr 06, 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 Pragati Accessories, 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 Pragati Accessories'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 Pragati Accessories
Recent activity within the organization
- Charges
A charge with Canara Bank amounted to Rs. 4.73 M with Charge ID 101005011 was registered on 29 Oct 2024.
- Annual General Meeting
Pragati Accessories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Pragati Accessories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Ramesh Wadhwa was appointed as a Director was appointed as a Director on 01 Nov 2019 & has been associated with this company since 5 years 4 months .
- Charges
A charge with Canara Bank of Rs. 17.11 M registered on 28 May 2014 with Charge ID 10501624 was modified on 27 Mar 2017.
- Charges
A charge registered on 19 Mar 1997 via Charge ID 90041880 with Oriental Bank Of Commerce was fully satisfied on 15 Feb 2016.
Frequently asked questions
What is the Incorporation or founding date of Pragati Accessories Private Limited?
Pragati Accessories Private Limited was incorporated on 18 May 1983.
What is authorized share capital and paid-up capital of Pragati Accessories Private Limited?
The authorized share capital of Pragati Accessories Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Pragati Accessories Private Limited?
Currently 3 directors are associated with Pragati Accessories Private Limited.
- Namit Wadhwa
- Meenu Wadhwa
- Ramesh Wadhwa
What is the registered address of Pragati Accessories Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Accessories Private Limited is A-435, Basement Defence Colony India, New Delhi, 110024.
What is the corporate identification number (CIN) and company number of Pragati Accessories Private Limited?
The corporate identification number (CIN) of Pragati Accessories Private Limited is U74899DL1983PTC015754 and the company number is 015754 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pragati Accessories Private Limited?
The Official website of Pragati Accessories Private Limited is https://www.theutilityproducts.in
What has been the recent revenue trend for Pragati Accessories Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Pragati Accessories Private Limited has fallen by -11.43%.
How many employees does Pragati Accessories Private Limited currently have?
As Per 2021 financial reports, 155 employees are currently employed by Pragati Accessories Private Limited.
What change has been observed in the net worth of Pragati Accessories Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Pragati Accessories Private Limited has experienced an upsurge of 35.68%.
What are the total open charges for Pragati Accessories Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Pragati Accessories Private Limited amount to ₹ 2.18 Cr.
When was the last Balance Sheet of Pragati Accessories Private Limited filed with the ROC?
The most recent Balance Sheet for Pragati Accessories Private Limited was filed with the ROC on 31 Mar 2024.