Pragati Finserv Profile
Key Indicators
- Authorised Capital ₹ 25.10 Cr
- Paid Up Capital ₹ 25.01 Cr
- Company Age 3 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 21275.09%
- Profit Growth -9.78%
- Ebitda -62.40%
- Net Worth -23.45%
- Total Assets 36.94%
About Pragati Finserv
Pragati Finserv Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 2021 (Three years and 11 months 6 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Internet 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 25.10 Cr and a paid-up capital of Rs 25.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pragati Finserv Private Limited India is Monika Gurung as COMPANY SECRETARY. Jagadish Ramadugu, Ashish Mehrotra, and Vijay Chakravarthi serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, 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
U65990TG2021PTC148992
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Company No.
148992
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Feb 2021
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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 Hyderabad
Industry
Who are the key members and board of directors at Pragati Finserv?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagadish Ramadugu
|
Managing Director | 25-Feb-2021 | Current |
| Monika Gurung | Company Secretary | 01-Jul-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ashish Mehrotra
|
Director | 01-Dec-2021 | Current |
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Vijay Chakravarthi
|
Director | 23-Mar-2021 | Current |
Financial Performance 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%.
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What is the Ownership and Shareholding Structure of Pragati Finserv?
In 2023, Pragati Finserv had a promoter holding of 90.10% and a public holding of 9.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Belstar Microfinance LimitedVijay Chakravarthi is a mutual person
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Aapt Holdings Private LimitedAshish Mehrotra is a mutual person
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Northern Arc Investment Managers Private LimitedAshish Mehrotra is a mutual person
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Northern Arc Investment Adviser Services Private Limited
Ashish Mehrotra is a mutual person
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Affirma Capital Investment Adviser India Private LimitedVijay Chakravarthi is a mutual person
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Northern Arc Capital LimitedAshish Mehrotra and Vijay Chakravarthi are mutual person
Charges (Loans)
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pragati Finserv, 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 Finserv'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.
