Pragati Autotech Private Limited

Auto trading company specializing in various vehicles for land, sea, and air transportation.

2015 | Jorhat, Assam (India) | Active
Last Updated: October 24, 2024

Pragati Autotech Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.50 Cr
  • Satisfied Charges ₹ 6.85 Cr
  • Revenue Growth -15.12%
  • Profit Growth -194.46%
  • Ebitda -79.20%
  • Net Worth -6.62%
  • Total Assets -38.50%

About Pragati Autotech

Pragati Autotech Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2015 (Nine years and eight months 29 days old ). Its registered office is in Jorhat, Assam, India.

The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.72 Cr.

The company currently has active open charges totaling ₹9.50 Cr. The company has closed loans amounting to ₹6.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnaly Bhattacharyya and Jayanta Dutta serve as directors at the Company.

Company Details

  • Location

    Jorhat, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100AS2015PTC012119

  • Company No.

    012119

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Krishnaly Bhattacharyya Country flag representing In Director 12-May-2015 Current
Jayanta Dutta Country flag representing In Director 12-May-2015 Current

Financial Performance of Pragati Autotech.

Pragati Autotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.12% decrease. The company also saw a substantial fall in profitability, with a 194.46% decrease in profit. The company's net worth dipped by a decrease of 6.62%.

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
-15.12%
Revenue from Operations
-15.14%
Total Assets
-38.50%
Profit or Loss
-194.46%
Net Worth
-6.62%
EBITDA
-79.20%

What is the Ownership and Shareholding Structure of Pragati Autotech?

In 2023, Pragati Autotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.50 Cr

Satisfied Charges

₹6.85 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.50 Cr

Latest Charge Details

Date Lender Amount Status
24 Jan 2024 State Bank Of India ₹9.50 Cr Open
15 Jan 2016 State Bank Of India ₹6.85 Cr Satisfied

How Many Employees Work at Pragati Autotech?

Pragati Autotech has a workforce of 13 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati Autotech, 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 Autotech'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 Pragati Autotech

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.50 Cr with Charge ID 100856312 was registered on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge registered on 15 Jan 2016 via Charge ID 100029803 with State Bank Of India was fully satisfied on 20 Jan 2024.

    20 Jan 2024

  • Annual General Meeting

    Pragati Autotech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pragati Autotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 6.85 Cr registered on 15 Jan 2016 with Charge ID 100029803 was modified on 17 Aug 2020.

    17 Aug 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.85 Cr with Charge ID 100029803 was registered on 15 Jan 2016.

    15 Jan 2016

Frequently asked questions

  • Pragati Autotech Private Limited was incorporated on 12 May 2015.

  • The authorized share capital of Pragati Autotech Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.72 Cr.

  • Currently 2 directors are associated with Pragati Autotech Private Limited.

    • Krishnaly Bhattacharyya
    • Jayanta Dutta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Autotech Private Limited is Torajan, A.T. Road India, Jorhat, Assam, 785001.

  • The corporate identification number (CIN) of Pragati Autotech Private Limited is U50100AS2015PTC012119 and the company number is 012119 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Autotech Private Limited has fallen by -15.12%.

  • As Per 2023 financial reports, 13 employees are currently employed by Pragati Autotech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Autotech Private Limited has experienced an downturn of -6.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pragati Autotech Private Limited amount to ₹ 9.50 Cr.

  • The most recent Balance Sheet for Pragati Autotech Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Dealership & Trading