Pragati Impex Limited

Provides hypothecation and commercial vehicle loans, as well as trades in various products.

1985 | Kamrup, Assam (India) | Active
Last Updated: December 28, 2024

Pragati Impex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.34 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.00 M
  • Revenue Growth 32.07%
  • Profit Growth 67.91%
  • Ebitda 258.58%
  • Net Worth -1.09%
  • Total Assets -0.40%

About Pragati Impex

Pragati Impex Limited (PIL) is a Public Limited Indian Non-Government Company incorporated in India on 26 March 1985 and has a history of 39 years and ten months. Its registered office is in Kamrup, Assam, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 2.34 Cr.

The company currently has active open charges totaling ₹7.00 M.

Narendra Sethia, Sweta Sancheti, and Naresh Sethia serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909AS1985PLC002338

  • Company No.

    002338

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Naresh Sethia Country flag representing In Managing Director 03-Aug-2004 Current

Board Members (2)

Name Designation Appointment Date Status
Sweta Sancheti Country flag representing In Director 27-May-2002 Current
Narendra Sethia Country flag representing In Whole-Time Director 10-Feb-1987 Current

Financial Performance of Pragati Impex.

Pragati Impex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.07% increase. The company also saw a substantial improvement in profitability, with a 67.91% increase in profit. The company's net worth dipped by a decrease of 1.09%.

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
32.07%
Revenue from Operations
32.29%
Total Assets
-0.40%
Profit or Loss
67.91%
Net Worth
-1.09%
EBITDA
258.58%

What is the Ownership and Shareholding Structure of Pragati Impex?

In 2021, Pragati Impex had a promoter holding of 48.34% and a public holding of 51.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.70 Cr

Latest Charge Details

Date Lender Amount Status
14 Sep 1988 State Bank Of India ₹7.00 M Open

How Many Employees Work at Pragati Impex?

Unlock and access historical data on people associated with Pragati Impex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Pragati Impex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Pragati Impex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Director Appointment

    Naresh Kumar Sethia was appointed as a Managing Director was appointed as a Managing Director on 03 Aug 2004 & has been associated with this company since 20 years 6 months .

    03 Aug 2004

  • Director Appointment

    Sweta Sancheti was appointed as a Director was appointed as a Director on 27 May 2002 & has been associated with this company since 22 years 8 months .

    27 May 2002

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.70 Cr with Charge ID 90266306 was registered on 14 Sep 1988.

    14 Sep 1988

  • Director Appointment

    Narendra Kumar Sethia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Feb 1987 & has been associated with this company since 37 years 11 months .

    10 Feb 1987

Frequently asked questions

  • Pragati Impex Limited was incorporated on 26 Mar 1985.

  • The authorized share capital of Pragati Impex Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.34 Cr.

  • Currently 3 directors are associated with Pragati Impex Limited.

    • Narendra Kumar Sethia
    • Sweta Sancheti
    • Naresh Kumar Sethia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Impex Limited is Chand Market A T Road India, Guwahati, Assam, 781001.

  • The corporate identification number (CIN) of Pragati Impex Limited is U51909AS1985PLC002338 and the company number is 002338 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pragati Impex Limited has risen by 32.07%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pragati Impex Limited has experienced an downturn of -1.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pragati Impex Limited amount to ₹ 7.00 M.

  • The most recent Balance Sheet for Pragati Impex Limited was filed with the ROC on 31 Mar 2024.

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