Pragati Engineering Belgaum Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-06-2024
- Paid Up Capital ₹ 2.39 Cr
as on 16-06-2024
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.42 Cr
as on 16-06-2024
- Satisfied Charges ₹ 57.82 Cr
as on 16-06-2024
- Revenue 17.92%
(FY 2023)
- Profit 48.22%
(FY 2023)
- Ebitda 67.95%
(FY 2023)
- Net Worth 40.79%
(FY 2023)
- Total Assets 19.82%
(FY 2023)
About Pragati Engineering Belgaum
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 2023. 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.
Atul Bhirangi, Deepak Joglekar, Sudhir Bhirangi, and Three other members serve as directors at the Company.
- CIN/LLPIN
U03110KA1988PTC009204
- Company No.
009204
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 1988
- Date of AGM
11 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Pragati Engineering Belgaum?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Bhirangi  | Managing Director | 22-Oct-2005 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atul Bhirangi | Director | 29-Sep-2007 | Current |
| Deepak Joglekar | Director | 29-Sep-2007 | Current |
| Sudhir Bhirangi | Director | 23-Jan-2004 | Current |
| Suresh Bhirangi | Whole-Time Director | 28-Nov-1992 | Current |
| Sulabha Kulkarni | Director | 29-Sep-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Pragati Automation Private LimitedActive 23 years 6 monthsAtul Bhirangi, Deepak Joglekar and 1 more are mutual person
- Pragati Control Systems Private LimitedActive 13 years 4 months
Atul Bhirangi and Deepak Joglekar are mutual person
B.B.Chemicals Private LimitedActive 44 years 4 monthsSudhir Bhirangi and Suresh Bhirangi are mutual person
Spectrum Foundry Services Private LimitedActive 31 years 3 monthsSudhir Bhirangi and Suresh Bhirangi are mutual person
Charges (Loans)
₹18.42 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Others | ₹13.28 Cr | Open |
| 28 Jun 2022 | Sidbi | ₹2.60 Cr | Open |
| 19 Nov 2021 | Sidbi | ₹2.40 Cr | Open |
| 29 Dec 1995 | Karnataka State Financial Corporation | ₹1.44 M | Open |
| 28 Feb 2020 | State Bank Of India | ₹12.68 Cr | Satisfied |
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.
Deals i
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
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
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