Pragati Gold Private Limited
Manufactures and trades gold, silver, diamonds, and other precious metals and stones.
2006 | Mumbai, Maharashtra (India) | Active
Pragati Gold Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 139.64 Cr
- Satisfied Charges ₹ 28.93 Cr
- Revenue Growth -18.53%
- Profit Growth -65.55%
- Ebitda -18.14%
- Net Worth 3.16%
- Total Assets 24.68%
About Pragati Gold
Pragati Gold Private Limited (PGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 2006 and has a history of 19 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Goods 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹139.64 Cr. The company has closed loans amounting to ₹28.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ganpatlal Madrecha and Dhiraj Madrecha 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
U26101MH2006PTC160970
- Company No.
160970
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 2006
- Date of AGM
19 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
Pragati Gold Private Limited
Explore comprehensive data for Pragati Gold Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pragati Gold?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganpatlal Madrecha  | Director | 05-Apr-2006 | Current |
| Dhiraj Madrecha | Director | 05-Apr-2006 | Current |
Financial Performance of Pragati Gold.
Pragati Gold Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.53% decrease. The company also saw a substantial fall in profitability, with a 65.55% decrease in profit. The company's net worth moved up by a moderate rise of 3.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Pragati Gold?
In 2023, Pragati Gold had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Bhikshu Bullion Llp
Ganpatlal Madrecha is a mutual person
Charges (Loans)
Open Charges
₹139.64 Cr
Satisfied Charges
₹28.93 Cr
Charges Breakdown by Lending Institutions
- The Bharat Co-Operative Bank(Mumbai) Ltd : 106.64 Cr
- Others : 25.00 Cr
- State Bank Of India : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2022 | State Bank Of India | ₹8.00 Cr | Open |
| 01 Jun 2021 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹66.64 Cr | Open |
| 28 Jan 2019 | Others | ₹25.00 Cr | Open |
| 23 Jun 2017 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹40.00 Cr | Open |
| 02 Feb 2021 | Others | ₹20.60 Cr | Satisfied |
How Many Employees Work at Pragati Gold?
Unlock and access historical data on people associated with Pragati Gold, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pragati Gold, 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 Gold'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 Gold
Recent activity within the organization
- Annual General Meeting
Pragati Gold Private Limited last Annual general meeting of members was held on 19 Oct 2023 as per latest MCA records.
- Balance Sheet
Pragati Gold Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 02 Feb 2021 via Charge ID 100458528 with Others was fully satisfied on 02 Dec 2022.
- Charges
A charge with State Bank Of India amounted to Rs. 8.00 Cr with Charge ID 100653064 was registered on 30 Nov 2022.
- Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd of Rs. 66.64 Cr registered on 01 Jun 2021 with Charge ID 100451810 was modified on 18 Jul 2022.
- Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd of Rs. 40.00 Cr registered on 23 Jun 2017 with Charge ID 100109187 was modified on 18 Jul 2022.
Frequently asked questions
What is the Incorporation or founding date of Pragati Gold Private Limited?
Pragati Gold Private Limited was incorporated on 05 Apr 2006.
What is authorized share capital and paid-up capital of Pragati Gold Private Limited?
The authorized share capital of Pragati Gold Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Pragati Gold Private Limited?
Currently 2 directors are associated with Pragati Gold Private Limited.
- Ganpatlal Vardichand Madrecha
- Dhiraj Kumar Madrecha
What is the registered address of Pragati Gold Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Gold Private Limited is 123/127 Office No. 3 1St Floor Daya Mandir Mumbadevi Road, India, Mumbai, Maharashtra, 400003.
What is the corporate identification number (CIN) and company number of Pragati Gold Private Limited?
The corporate identification number (CIN) of Pragati Gold Private Limited is U26101MH2006PTC160970 and the company number is 160970 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Pragati Gold Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Gold Private Limited has fallen by -18.53%.
What change has been observed in the net worth of Pragati Gold Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Gold Private Limited has experienced an upsurge of 3.16%.
What are the total open charges for Pragati Gold Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pragati Gold Private Limited amount to ₹ 139.64 Cr.
When was the last Balance Sheet of Pragati Gold Private Limited filed with the ROC?
The most recent Balance Sheet for Pragati Gold Private Limited was filed with the ROC on 31 Mar 2023.
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