Pragati Chemicals Limited

Chemical wholesaler and supplier of various chemicals, pigments, and pesticides.

1979 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 18, 2025

Pragati Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.60 M
  • Company Age 45 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 3.80 Cr
  • Revenue Growth 6.60%
  • Profit Growth 0.08%
  • Ebitda -1.27%
  • Net Worth 5.83%
  • Total Assets 1.64%

About Pragati Chemicals

Pragati Chemicals Limited (PCL) is Amalgamated company established on 18 Apr 1979 with its office registered at Mumbai, Maharashtra, India and has been running since 45 Year, 9 Months with a paid up capital of 3.60 M. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1979PLC031289

  • Company No.

    031289

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1979

  • Date of AGM

    14 Aug 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

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

Board Members (3)

Name Designation Appointment Date Status
Jalaj Dani Country flag representing In Director 26-Jul-2012 Current
Amar Vakil Country flag representing In Director 18-Apr-1979 Current
Rupen Choksi Country flag representing In Director 04-May-2006 Current

Financial Performance of Pragati Chemicals.

Pragati Chemicals Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 6.6% increase. The company also saw a slight improvement in profitability, with a 0.08% increase in profit. The company's net worth moved up by a moderate rise of 5.83%.

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
6.60%
Revenue from Operations
6.93%
Total Assets
1.64%
Profit or Loss
0.08%
Net Worth
5.83%
EBITDA
-1.27%

What is the Ownership and Shareholding Structure of Pragati Chemicals?

In 2018, Pragati Chemicals 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

₹0

Satisfied Charges

₹3.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.25 Cr
  • Gujarat Industrial Investment Corporation Limited : 1.00 Cr
  • The Hongkong And Shanghai Banking Corporation : 0.30 Cr
  • The Hongkong And Shangahi Banking Corporation : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
18 Jan 2008 State Bank Of India ₹2.10 Cr Satisfied
27 Oct 1997 Gujarat Industrial Investment Corporation Limited ₹1.00 Cr Satisfied
11 Oct 1996 State Bank Of India ₹1.45 M Satisfied
12 Feb 1986 The Hongkong And Shanghai Banking Corporation ₹3.00 M Satisfied
19 Jul 1985 The Hongkong And Shangahi Banking Corporation ₹2.50 M Satisfied

How Many Employees Work at Pragati Chemicals?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Pragati Chemicals Limited last Annual general meeting of members was held on 14 Aug 2019 as per latest MCA records.

    14 Aug 2019

  • Balance Sheet

    Pragati Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge registered on 11 Oct 1996 via Charge ID 90163443 with State Bank Of India was fully satisfied on 27 May 2014.

    27 May 2014

  • Charges

    A charge registered on 18 Jan 2008 via Charge ID 10091673 with State Bank Of India was fully satisfied on 01 Mar 2013.

    01 Mar 2013

  • Director Appointment

    Jalaj Ashwin Dani was appointed as a Director was appointed as a Director on 26 Jul 2012 & has been associated with this company since 12 years 6 months .

    26 Jul 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.10 Cr with Charge ID 10091673 was registered on 18 Jan 2008.

    18 Jan 2008

Frequently asked questions

  • Pragati Chemicals Limited was incorporated on 18 Apr 1979.

  • The authorized share capital of Pragati Chemicals Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.60 M.

  • Currently 3 directors are associated with Pragati Chemicals Limited.

    • Amar Arvind Vakil
    • Jalaj Ashwin Dani
    • Rupen Ashwin Choksi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Chemicals Limited is Plot No.A-8 Marol Industrial Estate Of Midc Cross Road B Street No. 5, Andheri (Eas T) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Pragati Chemicals Limited is U24110MH1979PLC031289 and the company number is 031289 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragati Chemicals Limited is https://www.resplast.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Pragati Chemicals Limited has risen by 6.60%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Pragati Chemicals Limited has experienced an upsurge of 5.83%.

  • The most recent Balance Sheet for Pragati Chemicals Limited was filed with the ROC on 31 Mar 2019.

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