Pragati Engineering Belgaum Private Limited

Manufactures and trades precision machined components for machine tool and automotive industries.

1988 | Belgaum, Karnataka (India) | Active
Last Updated:

Pragati Engineering Belgaum Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.42 Cr
  • Satisfied Charges ₹ 57.82 Cr
  • Revenue Growth 17.92%
  • Profit Growth 48.22%
  • Ebitda 67.95%
  • Net Worth 40.79%
  • Total Assets 19.82%

About Pragati Engineering Belgaum

Pragati Engineering Belgaum Private Limited (PEBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 1988 and has a history of 36 years and nine months. Its registered office is in Belgaum, Karnataka, India.

The Corporate was formerly known as P.N.B. Engineers Pvt Ltd. The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 2.39 Cr.

The company currently has active open charges totaling ₹18.42 Cr. The company has closed loans amounting to ₹57.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sulabha Kulkarni, Sudhir Bhirangi, Atul Bhirangi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U03110KA1988PTC009204

  • Company No.

    009204

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1988

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Bhirangi Country flag representing In Managing Director22-Oct-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Sulabha Kulkarni Country flag representing In Director 29-Sep-2007Current
Sudhir Bhirangi Country flag representing In Director 23-Jan-2004Current
Atul Bhirangi Country flag representing In Director 29-Sep-2007Current
Deepak Joglekar Country flag representing In Director 29-Sep-2007Current
Suresh Bhirangi Country flag representing In Whole-Time Director 28-Nov-1992Current

Financial Performance of Pragati Engineering Belgaum.

Pragati Engineering Belgaum Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.92% increase. The company also saw a substantial improvement in profitability, with a 48.22% increase in profit. The company's net worth Soared by an impressive increase of 40.79%.

Pragati Engineering Belgaum revenue growth over time
Pragati Engineering Belgaum 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
17.92%
Revenue from Operations
18.14%
Total Assets
19.82%
Profit or Loss
48.22%
Net Worth
40.79%
EBITDA
67.95%

What is the Ownership and Shareholding Structure of Pragati Engineering Belgaum?

In 2023, Pragati Engineering Belgaum 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

₹18.42 Cr

Satisfied Charges

₹57.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.28 Cr
  • Sidbi : 5.00 Cr
  • Karnataka State Financial Corporation : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2023Others₹13.28 CrOpen
28 Jun 2022Sidbi₹2.60 CrOpen
19 Nov 2021Sidbi₹2.40 CrOpen
29 Dec 1995Karnataka State Financial Corporation₹1.44 MOpen
28 Feb 2020State Bank Of India₹12.68 CrSatisfied

How Many Employees Work at Pragati Engineering Belgaum?

Pragati Engineering Belgaum has a workforce of 104 employees as of Apr 08, 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.

Employee growth trends for Pragati Engineering Belgaum Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Pragati Engineering Belgaum Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Pragati Engineering Belgaum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 28 Feb 2020 via Charge ID 100332634 with State Bank Of India was fully satisfied on 15 May 2023.

  • Charges

    A charge with Others amounted to Rs. 13.28 Cr with Charge ID 100718862 was registered on 29 Mar 2023.

  • Charges

    A charge with Sidbi amounted to Rs. 2.60 Cr with Charge ID 100586646 was registered on 28 Jun 2022.

  • Charges

    A charge with Sidbi amounted to Rs. 2.40 Cr with Charge ID 100501139 was registered on 19 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Pragati Engineering Belgaum Private Limited?

    Pragati Engineering Belgaum Private Limited was incorporated on 16 Jun 1988.

  • What is authorized share capital and paid-up capital of Pragati Engineering Belgaum Private Limited?

    The authorized share capital of Pragati Engineering Belgaum Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.39 Cr.

  • Who are the current board members & directors of Pragati Engineering Belgaum Private Limited?

    Currently 6 directors are associated with Pragati Engineering Belgaum Private Limited.

    • Sulabha Suresh Kulkarni
    • Sudhir Ramachandra Bhirangi
    • Atul Suresh Bhirangi
    • Deepak Hanumant Joglekar
    • Suresh Ramchandra Bhirangi
    • Mahesh Suresh Bhirangi

  • What is the registered address of Pragati Engineering Belgaum Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Engineering Belgaum Private Limited is R. S. No. 664 Hissa 2 Opposite Alucast Waghwade Road, Machhe India, Belgaum, Karnataka, 590014.

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

    The corporate identification number (CIN) of Pragati Engineering Belgaum Private Limited is U03110KA1988PTC009204 and the company number is 009204 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pragati Engineering Belgaum Private Limited?

    The Official website of Pragati Engineering Belgaum Private Limited is https://www.pragatibelgaum.co.in

  • What has been the recent revenue trend for Pragati Engineering Belgaum Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Engineering Belgaum Private Limited has risen by 17.92%.

  • How many employees does Pragati Engineering Belgaum Private Limited currently have?

    As Per 2023 financial reports, 104 employees are currently employed by Pragati Engineering Belgaum Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Engineering Belgaum Private Limited has experienced an upsurge of 40.79%.

  • What are the total open charges for Pragati Engineering Belgaum Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pragati Engineering Belgaum Private Limited amount to ₹ 18.42 Cr.

  • When was the last Balance Sheet of Pragati Engineering Belgaum Private Limited filed with the ROC?

    The most recent Balance Sheet for Pragati Engineering Belgaum Private Limited was filed with the ROC on 31 Mar 2024.

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