Pragati Fabrics Private Limited

Textile manufacturing and trading company incorporated in 1992, based in Mumbai, Maharashtra.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated:

Pragati Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.77 M
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.44 Cr
  • Satisfied Charges ₹ 10.82 Cr
  • Revenue Growth -12.13%
  • Profit Growth -49.19%
  • Ebitda 2019.87%
  • Net Worth 0.44%
  • Total Assets 2.72%

About Pragati Fabrics

Pragati Fabrics Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 January 1992 and has a history of 33 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kawar Fabrics Private Limited. The Company is engaged in the Manufacturing 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 7.00 M and a paid-up capital of Rs 6.77 M.

The company currently has active open charges totaling ₹6.44 Cr. The company has closed loans amounting to ₹10.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gautamchand Kawar and Ritesh Kawar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51310MH1992PTC065007

  • Company No.

    065007

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Gautamchand Kawar Country flag representing In Director 30-Sep-2004Current
Ritesh Kawar Country flag representing In Director 12-Mar-2015Current

Financial Performance of Pragati Fabrics.

Pragati Fabrics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.13% decrease. The company also saw a substantial fall in profitability, with a 49.19% decrease in profit. The company's net worth moved up by a moderate rise of 0.44%.

Pragati Fabrics revenue growth over time
Pragati Fabrics 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
-12.13%
Revenue from Operations
-12.24%
Total Assets
2.72%
Profit or Loss
-49.19%
Net Worth
0.44%
EBITDA
2019.87%

What is the Ownership and Shareholding Structure of Pragati Fabrics?

In 2023, Pragati Fabrics had a public holding of 0.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.35 M

Satisfied Charges

₹108.17 M

Charges Breakdown by Lending Institutions

  • Others : 6.22 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2023Hdfc Bank Limited₹2.15 MOpen
21 Oct 2022Others₹5.00 MOpen
28 Jun 2022Others₹7.40 MOpen
24 Jun 2022Others₹4.98 CrOpen
31 Jul 2014Hdfc Bank Limited₹6.57 CrSatisfied

How Many Employees Work at Pragati Fabrics?

Pragati Fabrics has a workforce of 4 employees as of Apr 07, 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 Fabrics Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.15 M with Charge ID 100736716 was registered on 08 Feb 2023.

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100625990 was registered on 21 Oct 2022.

  • Charges

    A charge registered on 31 Jul 2014 via Charge ID 10517462 with Hdfc Bank Limited was fully satisfied on 20 Sep 2022.

  • Charges

    A charge with Others of Rs. 7.40 M registered on 28 Jun 2022 with Charge ID 100594133 was modified on 14 Sep 2022.

Frequently asked questions

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

    Pragati Fabrics Private Limited was incorporated on 23 Jan 1992.

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

    The authorized share capital of Pragati Fabrics Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.77 M.

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

    Currently 2 directors are associated with Pragati Fabrics Private Limited.

    • Gautamchand Kawar
    • Ritesh Kawar

  • What is the registered address of Pragati Fabrics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Fabrics Private Limited is 212 2Nd Floor Daulat Bhavan 407 Kalbadevi Road, India, Mumbai, Maharashtra, 400002.

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

    The corporate identification number (CIN) of Pragati Fabrics Private Limited is U51310MH1992PTC065007 and the company number is 065007 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Fabrics Private Limited has fallen by -12.13%.

  • How many employees does Pragati Fabrics Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Pragati Fabrics Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Fabrics Private Limited has experienced an upsurge of 0.44%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Pragati Fabrics Private Limited amount to ₹ 6.44 Cr.

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

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

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