Pragati Business Limited

Founded in 1981 and headquartered in West Bengal, India.

1981 | Kolkata, West Bengal (India) | Active
Last Updated:

Pragati Business Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.44 M
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -10.07%
  • Profit Growth -969.40%
  • Ebitda -23.50%
  • Net Worth -6.01%
  • Total Assets -2.41%

About Pragati Business

Pragati Business Limited (PBL) is a Public Limited Indian Non-Government Company incorporated in India on 28 April 1981 and has a history of 43 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

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 1.00 Cr and a paid-up capital of Rs 7.44 M, as per Ministry of Corporate Affairs (MCA) records.

Bimal Poddar, Pavan Poddar, and Ajit Ghosh serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51191WB1981PLC033602

  • Company No.

    033602

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Real Estate

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

Board Members (3)

NameDesignationAppointment DateStatus
Bimal Poddar Country flag representing In Director 28-Jul-1984Current
Pavan Poddar Country flag representing In Director 25-Aug-1984Current
Ajit Ghosh Country flag representing In Director 18-Jun-1992Current

Financial Performance of Pragati Business.

Pragati Business Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.07% decrease. The company also saw a substantial fall in profitability, with a 969.4% decrease in profit. The company's net worth dipped by a decrease of 6.01%.

Pragati Business revenue growth over time
Pragati Business 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
-10.07%
Revenue from Operations
Total Assets
-2.41%
Profit or Loss
-969.40%
Net Worth
-6.01%
EBITDA
-23.50%

What is the Ownership and Shareholding Structure of Pragati Business?

In 2021, Pragati Business had a promoter holding of 0.58% and a public holding of 99.41%. 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 Pragati Business?

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

Employee growth trends for Pragati Business Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Pragati Business Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Ajit Kumar Ghosh was appointed as a Director was appointed as a Director on 18 Jun 1992 & has been associated with this company since 32 years 9 months .

  • Director Appointment

    Pavan Kumar Poddar was appointed as a Director was appointed as a Director on 25 Aug 1984 & has been associated with this company since 40 years 7 months .

  • Director Appointment

    Bimal Kumar Poddar was appointed as a Director was appointed as a Director on 28 Jul 1984 & has been associated with this company since 40 years 8 months .

  • Company Incorporation

    Pragati Business Limited was registered on 28 Apr 1981 with Roc Kolkata & aged 43 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Pragati Business Limited?

    Pragati Business Limited was incorporated on 28 Apr 1981.

  • What is authorized share capital and paid-up capital of Pragati Business Limited?

    The authorized share capital of Pragati Business Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.44 M.

  • Who are the current board members & directors of Pragati Business Limited?

    Currently 3 directors are associated with Pragati Business Limited.

    • Bimal Kumar Poddar
    • Pavan Kumar Poddar
    • Ajit Kumar Ghosh
  • What is the registered address of Pragati Business Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Business Limited is Hongkong House31 B D Bag (South) India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Pragati Business Limited?

    The corporate identification number (CIN) of Pragati Business Limited is U51191WB1981PLC033602 and the company number is 033602 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pragati Business Limited?

    The Official website of Pragati Business Limited is https://www.pragatibusiness.co.in

  • What has been the recent revenue trend for Pragati Business Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Pragati Business Limited has fallen by -10.07%.

  • What change has been observed in the net worth of Pragati Business Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Pragati Business Limited has experienced an downturn of -6.01%.

  • When was the last Balance Sheet of Pragati Business Limited filed with the ROC?

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

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