Pragati Forge Pvt Ltd

Provides metal forging services and manufactures pneumatic valves and electric switch gears since 1984.

1984 | Thana, Maharashtra (India) | Active
Last Updated: January 12, 2025

Pragati Forge Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.77 M
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.71 M
  • Satisfied Charges ₹ 1.55 Cr
  • Revenue Growth 54.66%
  • Profit Growth -13.92%
  • Ebitda 59.66%
  • Net Worth 5.98%
  • Total Assets 30.73%

About Pragati Forge

Pragati Forge Pvt Ltd (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 1984 and has a history of 40 years and three months. Its registered office is in Thana, Maharashtra.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 1.77 M.

The company currently has active open charges totaling ₹8.71 M. The company has closed loans amounting to ₹1.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Madhukar Dharwadkar, Saket Dharwadkar, and Saloni Dharwadkar serve as directors at the Company.

Company Details

  • Location
    Thana, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28900MH1984PTC034180

  • Company No.

    034180

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 1984

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Engineering

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

Board Members (3)

Name Designation Appointment Date Status
Madhukar Dharwadkar Country flag representing In Director 05-Oct-1984 Current
Saket Dharwadkar Country flag representing In Director 01-Sep-2004 Current
Saloni Dharwadkar Country flag representing In Director 05-Sep-2017 Current

Financial Performance of Pragati Forge.

Pragati Forge Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 54.66% increase. The company also saw a substantial fall in profitability, with a 13.92% decrease in profit. The company's net worth moved up by a moderate rise of 5.98%.

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
54.66%
Revenue from Operations
54.66%
Total Assets
30.73%
Profit or Loss
-13.92%
Net Worth
5.98%
EBITDA
59.66%

What is the Ownership and Shareholding Structure of Pragati Forge?

In 2022, Pragati Forge had a public holding of 45.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.71 M

Satisfied Charges

₹15.50 M

Charges Breakdown by Lending Institutions

  • Others : 0.82 Cr
  • The Maharashtra State Financial Corporation : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2023 Others ₹3.20 M Open
19 Jul 2019 Others ₹5.00 M Open
14 Aug 1985 The Maharashtra State Financial Corporation ₹0.51 M Open
06 Aug 2019 Others ₹4.35 M Satisfied
07 Oct 2010 State Bank Of India ₹4.00 M Satisfied

How Many Employees Work at Pragati Forge?

Pragati Forge has a workforce of 30 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Pragati Forge Pvt Ltd last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Charges

    A charge registered on 06 Aug 2019 via Charge ID 100286670 with Others was fully satisfied on 15 May 2024.

    15 May 2024

  • Balance Sheet

    Pragati Forge Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.20 M with Charge ID 100691785 was registered on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge registered on 14 Oct 1985 via Charge ID 90151739 with State Bank Of India was fully satisfied on 11 Sep 2019.

    11 Sep 2019

  • Charges

    A charge with Others of Rs. 4.35 M registered on 06 Aug 2019 with Charge ID 100286670 was modified on 22 Aug 2019.

    22 Aug 2019

Frequently asked questions

  • Pragati Forge Pvt Ltd was incorporated on 05 Oct 1984.

  • The authorized share capital of Pragati Forge Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.77 M.

  • Currently 3 directors are associated with Pragati Forge Pvt Ltd.

    • Madhukar Vaman Dharwadkar
    • Saket Madhukar Dharwadkar
    • Saloni Saket Dharwadkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Forge Pvt Ltd is W-89A, Tarapur Industrial Area Boisar India, Thana, Maharashtra, 401006.

  • The corporate identification number (CIN) of Pragati Forge Pvt Ltd is U28900MH1984PTC034180 and the company number is 034180 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragati Forge Pvt Ltd is https://www.pforge.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pragati Forge Pvt Ltd has risen by 54.66%.

  • As Per 2022 financial reports, 30 employees are currently employed by Pragati Forge Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pragati Forge Pvt Ltd has experienced an upsurge of 5.98%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pragati Forge Pvt Ltd amount to ₹ 8.71 M.

  • The most recent Balance Sheet for Pragati Forge Pvt Ltd was filed with the ROC on 31 Mar 2024.

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