Pragati Glass & Industries Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 17.97 Cr
- Company Age 43 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 117.12 Cr
- Satisfied Charges ₹ 8.50 Cr
- Revenue Growth 25.40%
- Profit Growth 34.90%
- Ebitda -7.30%
- Net Worth 9.18%
- Total Assets 24.69%
About Pragati Glass & Industries
Pragati Glass & Industries Private Limited (PGIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 1981 and has a history of 43 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Pragati Glass Works Limited. The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 17.97 Cr.
The company currently has active open charges totaling ₹117.12 Cr. The company has closed loans amounting to ₹8.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Gupta and Rajeshbhai Shah serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
U26100MH1981PTC200311
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Company No.
200311
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Sep 1981
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Pragati Glass & Industries Private Limited offer?
Pragati Glass & Industries Private Limited offers a wide range of products and services, including Mirrors and Glassware, Glass Jars.
Who are the key members and board of directors at Pragati Glass & Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Gupta
|
Managing Director | 22-Sep-1992 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rajeshbhai Shah
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Whole-Time Director | 10-Aug-2000 | Current |
Financial Performance of Pragati Glass & Industries.
Pragati Glass & Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.4% increase. The company also saw a substantial improvement in profitability, with a 34.9% increase in profit. The company's net worth moved up by a moderate rise of 9.18%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Pragati Glass & Industries?
In 2023, Pragati Glass & Industries had a promoter holding of 100.00%. The company had 1 Associate company. 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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Noble Prime Health Care LlpDinesh Gupta is a mutual person
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Plastotech India Private Limited
Dinesh Gupta is a mutual person
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Shree Mohan Swarup Holdings Private Limited
Dinesh Gupta is a mutual person
Charges (Loans)
₹117.12 Cr
₹8.50 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 58.97 Cr
- Others : 48.32 Cr
- Sidbi : 9.75 Cr
- Hdfc Bank Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2024 | Hdfc Bank Limited | ₹0.84 M | Open |
| 31 Jul 2024 | Others | ₹2.20 M | Open |
| 27 Jun 2024 | Others | ₹1.35 M | Open |
| 17 Jan 2024 | Others | ₹1.19 M | Open |
| 21 Aug 2023 | Others | ₹0.45 M | Open |
How Many Employees Work at Pragati Glass & Industries?
Pragati Glass & Industries has a workforce of 263 employees as of Apr 06, 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 Glass & Industries, 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 Glass & Industries'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.
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