Pragati Finserv Private Limited logo

Pragati Finserv Private Limited

Newly incorporated lending company offering small ticket loans in rural areas.
2021 | Hyderabad, Telangana (India) | Active

Last Updated:

November 17, 2024
HomeCompanyPragati Finserv Private Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Jagadish Ramadugu InManaging Director25-Feb-2021Current
Monika GurungCompany Secretary01-Jul-2022Current

Board Members(2)

NameDesignationAppointment DateStatus
Ashish Mehrotra In Director 01-Dec-2021Current
Vijay Chakravarthi In Director 23-Mar-2021Current

Financial Performance and Corporate Structure Insights of Pragati Finserv.

Pragati Finserv Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21275.09% increase. The company also saw a slight decrease in profitability, with a 9.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.45%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21275.09%
Revenue from Operations
Total Assets
36.94%
Profit or Loss
-9.78%
Net Worth
-23.45%
EBITDA
-62.40%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Pragati Finserv?

Pragati Finserv has a workforce of 1605 employees as of Apr 09, 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 Graph

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Latest Updates, News, and FAQs on Pragati Finserv

Recent activity within the organization

  • Annual General Meeting

    Pragati Finserv Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Monika Gurung was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2022 & has been associated with this company since 2 years 5 months .

    01 Jul 2022

  • Director Appointment

    Ashish Mehrotra was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 19 days .

    01 Dec 2021

  • Director Appointment

    Vijay Nallan Chakravarthi was appointed as a Director was appointed as a Director on 23 Mar 2021 & has been associated with this company since 3 years 8 months .

    23 Mar 2021

  • Director Appointment

    Jagadish Babu Ramadugu was appointed as a Managing Director was appointed as a Managing Director on 25 Feb 2021 & has been associated with this company since 3 years 9 months .

    25 Feb 2021

Frequently asked questions

  • Pragati Finserv Private Limited was incorporated on 25 Feb 2021.

  • The authorized share capital of Pragati Finserv Private Limited is ₹ 25.10 Cr and paid-up capital is ₹ 25.01 Cr.

  • Currently 4 directors are associated with Pragati Finserv Private Limited.

    • Jagadish Babu Ramadugu
    • Ashish Mehrotra
    • Vijay Nallan Chakravarthi
    • Monika Gurung
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Finserv Private Limited is 8-2-624/A/1 4Th Floor Meena Bazaar Towers Road No. 10 Avenue 4, Banjara Hills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Pragati Finserv Private Limited is U65990TG2021PTC148992 and the company number is 148992 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragati Finserv Private Limited is https://www.pragatifin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Finserv Private Limited has risen by 21275.09%.

  • As Per 2023 financial reports, 1605 employees are currently employed by Pragati Finserv Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Finserv Private Limited has experienced an downturn of -23.45%.

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

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