Pragati Glass & Industries Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 17.97 Cr
- Company Age 43 Year, 6 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 six 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U26100MH1981PTC200311
- Company No.
200311
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Packaging
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 | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Noble Prime Health Care LlpDinesh Gupta is a mutual person
- Plastotech India Private Limited
Dinesh Gupta is a mutual person
- Shree Mohan Swarup Holdings Private Limited
Dinesh Gupta is a mutual person
Charges (Loans)
Open Charges
₹117.12 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Pragati Glass & Industries
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100979858 was registered on 20 Sep 2024.
- Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100955937 was registered on 31 Jul 2024.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100949155 was registered on 27 Jun 2024.
- Charges
A charge with Others of Rs. 37.10 Cr registered on 04 Apr 2003 with Charge ID 90096829 was modified on 21 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100845379 was registered on 17 Jan 2024.
- Annual General Meeting
Pragati Glass & Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Pragati Glass & Industries Private Limited?
Pragati Glass & Industries Private Limited was incorporated on 22 Sep 1981.
What is authorized share capital and paid-up capital of Pragati Glass & Industries Private Limited?
The authorized share capital of Pragati Glass & Industries Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 17.97 Cr.
Who are the current board members & directors of Pragati Glass & Industries Private Limited?
Currently 2 directors are associated with Pragati Glass & Industries Private Limited.
- Dinesh Kumar Gupta
- Rajeshbhai Ishvarlal Shah
What is the registered address of Pragati Glass & Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Glass & Industries Private Limited is 301-2-3 3Rd Floor Dev Plaza Opp. Fire Brigade Above Vijay Sales S.V. Road, Andheri We St India, Mumbai, Maharashtra, 400058.
What is the corporate identification number (CIN) and company number of Pragati Glass & Industries Private Limited?
The corporate identification number (CIN) of Pragati Glass & Industries Private Limited is U26100MH1981PTC200311 and the company number is 200311 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pragati Glass & Industries Private Limited?
The Official website of Pragati Glass & Industries Private Limited is https://www.pragatiglass.com
What has been the recent revenue trend for Pragati Glass & Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Glass & Industries Private Limited has risen by 25.40%.
How many employees does Pragati Glass & Industries Private Limited currently have?
As Per 2023 financial reports, 263 employees are currently employed by Pragati Glass & Industries Private Limited.
What change has been observed in the net worth of Pragati Glass & Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Glass & Industries Private Limited has experienced an upsurge of 9.18%.
What are the total open charges for Pragati Glass & Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pragati Glass & Industries Private Limited amount to ₹ 117.12 Cr.
When was the last Balance Sheet of Pragati Glass & Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Pragati Glass & Industries Private Limited was filed with the ROC on 31 Mar 2023.
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