Pragati Founders Private Limited

Provides foundry services since 1990, based in Maharashtra.

1990 | Kolhapur, Maharashtra (India) | Active
Last Updated: January 02, 2025

Pragati Founders Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 5.07 Cr
  • Revenue Growth 48.47%
  • Profit Growth 93.71%
  • Ebitda 63.61%
  • Net Worth -42.38%
  • Total Assets -9.22%

About Pragati Founders

Pragati Founders Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 1990 and has a history of 34 years and ten months. Its registered office is in Kolhapur, Maharashtra, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 7.50 M.

The company has closed loans amounting to ₹5.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Milind Patil, Savita Patil, Vidyasagar Patil, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310MH1990PTC056203

  • Company No.

    056203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1990

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

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

Board Members (4)

NameDesignationAppointment DateStatus
Milind Patil Country flag representing In Director 16-Apr-1990Current
Savita Patil Country flag representing In Director 20-Apr-2006Current
Vidyasagar Patil Country flag representing In Director 25-Oct-2020Current
Prakash Magdum Country flag representing In Director 25-Oct-2020Current

Financial Performance of Pragati Founders.

Pragati Founders Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 48.47% increase. The company also saw a substantial improvement in profitability, with a 93.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 42.38%.

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
48.47%
Revenue from Operations
75.57%
Total Assets
-9.22%
Profit or Loss
93.71%
Net Worth
-42.38%
EBITDA
63.61%

What is the Ownership and Shareholding Structure of Pragati Founders?

In 2022, Pragati Founders had a promoter holding of 95.89% and a public holding of 4.11%. 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

₹50.75 M

Charges Breakdown by Lending Institutions

  • Others : 3.32 Cr
  • Dombivali Nagari Sahakari Bank Limited : 0.74 Cr
  • Dombivli Nagari Sahkari Bank Ltd : 0.50 Cr
  • The Ichalkaranji Janata Sah. Bank Ltd. : 0.15 Cr
  • The Ganesh Bank Of Kurunwas Ltd. : 0.15 Cr
  • Others : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2013Dombivli Nagari Sahkari Bank Ltd₹5.00 MSatisfied
05 Aug 2011Dombivali Nagari Sahakari Bank Limited₹5.00 MSatisfied
20 Jul 2011Dombivali Nagari Sahakari Bank Limited₹2.40 MSatisfied
07 Jul 2011Others₹1.66 CrSatisfied
27 Jun 2011Others₹1.66 CrSatisfied

How Many Employees Work at Pragati Founders?

Pragati Founders has a workforce of 10 employees as of Mar 28, 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 Founders, 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 Founders'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 Founders

Recent activity within the organization

  • Annual General Meeting

    Pragati Founders Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Pragati Founders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022

  • Charges

    A charge registered on 08 Aug 1992 via Charge ID 90089769 with The Ichalkaranji Janata Sah. Bank Ltd. was fully satisfied on 03 Jun 2021.

    03 Jun 2021

  • Charges

    A charge registered on 22 Mar 2013 via Charge ID 10420764 with Dombivli Nagari Sahkari Bank Ltd was fully satisfied on 01 Jun 2021.

    01 Jun 2021

  • Charges

    A charge registered on 05 Aug 2011 via Charge ID 10300312 with Dombivali Nagari Sahakari Bank Limited was fully satisfied on 01 Jun 2021.

    01 Jun 2021

  • Charges

    A charge registered on 20 Jul 2011 via Charge ID 10297669 with Dombivali Nagari Sahakari Bank Limited was fully satisfied on 01 Jun 2021.

    01 Jun 2021

Frequently asked questions

  • Pragati Founders Private Limited was incorporated on 16 Apr 1990.

  • The authorized share capital of Pragati Founders Private Limited is ₹ 8.00 M and paid-up capital is ₹ 7.50 M.

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

    • Milind Bharamgouda Patil
    • Savita Milind Patil
    • Vidyasagar Rajgonda Patil
    • Prakash Mallu Magdum
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Founders Private Limited is Plot No 40To46 Shri Laxmisah Aud Vas Ltd India, Hatkanangale, Maharashtra, 416109.

  • The corporate identification number (CIN) of Pragati Founders Private Limited is U27310MH1990PTC056203 and the company number is 056203 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pragati Founders Private Limited has risen by 48.47%.

  • As Per 2022 financial reports, 10 employees are currently employed by Pragati Founders Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pragati Founders Private Limited has experienced an downturn of -42.38%.

  • The most recent Balance Sheet for Pragati Founders Private Limited was filed with the ROC on 31 Mar 2022.

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