Pragati Fiber Private Limited

Manufacturer of embroidery thread and jari, specializing in poly and viscose threads.

2009 | Surat, Gujarat (India) | Active
Last Updated: December 27, 2024

Pragati Fiber Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.35 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -98.61%
  • Profit Growth -16.35%
  • Ebitda -51.69%
  • Net Worth -17.03%
  • Total Assets -26.00%

About Pragati Fiber

Pragati Fiber Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2009 and has a history of 15 years and 11 months. Its registered office is in Surat, Gujarat.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.35 Cr.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Bhupatrai Patoliya, Chetana Savaliya, Jadavbhai Lathiya, and Two other members serve as directors at the Company.

Company Details

  • Location Surat, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2009PTC056303

  • Company No.

    056303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2009

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (5)

Name Designation Appointment Date Status
Bhupatrai Patoliya Country flag representing In Director 23-Sep-2009 Current
Chetana Savaliya Country flag representing In Director 30-Sep-2011 Current
Jadavbhai Lathiya Country flag representing In Director 06-Sep-2010 Current
Naresh Mavani Country flag representing In Director 23-Sep-2009 Current
Pravinbhai Lathiya Country flag representing In Director 09-Mar-2009 Current

Financial Performance of Pragati Fiber.

Pragati Fiber Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 98.61% decrease. The company also saw a substantial fall in profitability, with a 16.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.03%.

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
-98.61%
Revenue from Operations
-99.20%
Total Assets
-26.00%
Profit or Loss
-16.35%
Net Worth
-17.03%
EBITDA
-51.69%

What is the Ownership and Shareholding Structure of Pragati Fiber?

In 2020, Pragati Fiber 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

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.00 Cr
  • Yes Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Feb 2019 Yes Bank Limited ₹1.00 Cr Satisfied
14 Feb 2013 State Bank Of India ₹1.00 Cr Satisfied
21 Apr 2010 State Bank Of India ₹1.00 Cr Satisfied

How Many Employees Work at Pragati Fiber?

Unlock and access historical data on people associated with Pragati Fiber, 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 Fiber, 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 Fiber'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 Fiber

Recent activity within the organization

  • Annual General Meeting

    Pragati Fiber Private Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

    14 Aug 2024

  • Balance Sheet

    Pragati Fiber Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 22 Feb 2019 via Charge ID 100241746 with Yes Bank Limited was fully satisfied on 22 Jul 2019.

    22 Jul 2019

  • Charges

    A charge registered on 14 Feb 2013 via Charge ID 10407288 with State Bank Of India was fully satisfied on 05 Mar 2019.

    05 Mar 2019

  • Charges

    A charge registered on 21 Apr 2010 via Charge ID 10221467 with State Bank Of India was fully satisfied on 05 Mar 2019.

    05 Mar 2019

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100241746 was registered on 22 Feb 2019.

    22 Feb 2019

Frequently asked questions

  • Pragati Fiber Private Limited was incorporated on 09 Mar 2009.

  • The authorized share capital of Pragati Fiber Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.35 Cr.

  • Currently 5 directors are associated with Pragati Fiber Private Limited.

    • Bhupatrai Hirjibhai Patoliya
    • Chetana Piyush Savaliya
    • Jadavbhai Kalyanbhai Lathiya
    • Naresh Vallabhbhai Mavani
    • Pravinbhai Popatbhai Lathiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Fiber Private Limited is A-103 Bapa Sitaram Ind. Opp. Sbi Nr. Bamroligam Char Rasta Dankora Old J Akat Naka, India, Surat, Gujarat, 394220.

  • The corporate identification number (CIN) of Pragati Fiber Private Limited is U17120GJ2009PTC056303 and the company number is 056303 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Pragati Fiber Private Limited has fallen by -98.61%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Pragati Fiber Private Limited has experienced an downturn of -17.03%.

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

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