Pragati Fashions Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 30 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 10.74 Cr
- Revenue Growth 84.69%
- Profit Growth 80.60%
- Ebitda 96.85%
- Net Worth 8.17%
- Total Assets 22.14%
About Pragati Fashions
Pragati Fashions Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 January 1995 and has a history of 30 years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Fashion And Textile 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹10.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kirti Shah, Pravin Gala, and Rushabh Gala serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U18101MH1995PTC084480
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Company No.
084480
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Jan 1995
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Pragati Fashions Private Limited offer?
Pragati Fashions Private Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies Skirts, Kids Casual, Ethnic & Western Wear, Kids Party Wear Dresses, Bangles, Bracelets & Anklets, Crystal Bangles, Compass, Telescopes & Survey Tools, Telescopes, Nightwear.
Who are the key members and board of directors at Pragati Fashions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirti Shah
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Director | 09-Jan-1995 | Current |
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Pravin Gala
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Director | 23-Aug-2007 | Current |
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Rushabh Gala
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Director | 01-Apr-2022 | Current |
Financial Performance of Pragati Fashions.
Pragati Fashions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 84.69% increase. The company also saw a substantial improvement in profitability, with a 80.6% increase in profit. The company's net worth moved up by a moderate rise of 8.17%.
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What is the Ownership and Shareholding Structure of Pragati Fashions?
In 2021, Pragati Fashions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹30.00 Cr
₹10.74 Cr
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2007 | Others | ₹30.00 Cr | Open |
| 09 Sep 2016 | Others | ₹0.42 M | Satisfied |
| 07 Mar 2015 | The Cosmos Co-Op Bank Limited | ₹4.50 Cr | Satisfied |
| 22 May 2014 | The Cosmos Co- Operative Bank Ltd | ₹3.00 Cr | Satisfied |
| 02 Dec 2013 | The Cosmos Co- Operative Bank Ltd | ₹0.38 M | Satisfied |
How Many Employees Work at Pragati Fashions?
Pragati Fashions has a workforce of 142 employees as of Apr 04, 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 Fashions, 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 Fashions'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
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.
