Pragati Merchants Private Limited

Retail, wholesale, and trading of consumer products and goods, incorporated in 2009 in West Bengal.

2009 | Howrah, West Bengal (India) | Active
Last Updated: December 23, 2024

Pragati Merchants Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.85 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 16.26%
  • Profit Growth 27.36%
  • Ebitda -3.41%
  • Net Worth 0.96%
  • Total Assets 1.04%

About Pragati Merchants

Pragati Merchants Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 September 2009 and has a history of 15 years and four months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Trading 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 2.00 M and a paid-up capital of Rs 1.85 M, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Ghawri and Yash Ahuja serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100WB2009PTC151545

  • Company No.

    151545

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2009

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Trading

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

Board Members (2)

Name Designation Appointment Date Status
Rakesh Ghawri Country flag representing In Director 09-Sep-2009 Current
Yash Ahuja Country flag representing In Director 28-Aug-2015 Current

Financial Performance of Pragati Merchants.

Pragati Merchants Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.26% increase. The company also saw a substantial improvement in profitability, with a 27.36% increase in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
16.26%
Revenue from Operations
Total Assets
1.04%
Profit or Loss
27.36%
Net Worth
0.96%
EBITDA
-3.41%

What is the Ownership and Shareholding Structure of Pragati Merchants?

In 2021, Pragati Merchants had a promoter holding of 100.00%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Pragati Merchants?

Unlock and access historical data on people associated with Pragati Merchants, 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 Merchants, 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 Merchants'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 Merchants

Recent activity within the organization

  • Annual General Meeting

    Pragati Merchants Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Pragati Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Yash Ahuja was appointed as a Director was appointed as a Director on 28 Aug 2015 & has been associated with this company since 9 years 5 months .

    28 Aug 2015

  • Director Appointment

    Rakesh Ghawri was appointed as a Director was appointed as a Director on 09 Sep 2009 & has been associated with this company since 15 years 4 months .

    09 Sep 2009

  • Company Incorporation

    Pragati Merchants Private Limited was registered on 09 Sep 2009 with Roc Kolkata & aged 15 years 4 months as per MCA records.

    09 Sep 2009

Frequently asked questions

  • Pragati Merchants Private Limited was incorporated on 09 Sep 2009.

  • The authorized share capital of Pragati Merchants Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.85 M.

  • Currently 2 directors are associated with Pragati Merchants Private Limited.

    • Rakesh Ghawri
    • Yash Ahuja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Merchants Private Limited is A-3 7Th Floor Madhusudan Apartment Dobson Lane India, Howrah, West Bengal, 711101.

  • The corporate identification number (CIN) of Pragati Merchants Private Limited is U52100WB2009PTC151545 and the company number is 151545 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pragati Merchants Private Limited has risen by 16.26%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pragati Merchants Private Limited has experienced an upsurge of 0.96%.

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

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