Pragati Pipe Industries Private Limited

Manufacturer of HDPE pipes and fittings, irrigation systems, and U-PVC pipes and fittings.

1986 | Raipur, Chattisgarh (India) | Active
Last Updated:

Pragati Pipe Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.35 Cr
  • Paid Up Capital ₹ 1.66 Cr
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.74 Cr
  • Satisfied Charges ₹ 29.81 Cr
  • Revenue Growth 15.32%
  • Profit Growth 19.19%
  • Ebitda 31.67%
  • Net Worth 22.33%
  • Total Assets 27.57%

About Pragati Pipe Industries

Pragati Pipe Industries Private Limited (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 November 1986 and has a history of 38 years and three months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Jagdamba Roller Flour Mills Pvt. Ltd.. The Company is engaged in the Manufacturing 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 3.35 Cr and a paid-up capital of Rs 1.66 Cr.

The company currently has active open charges totaling ₹40.74 Cr. The company has closed loans amounting to ₹29.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Meena Jhunjhunwala, Mohak Jhunjhunwala, and Prakash Jhunjhunwala serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pragatipipe.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200CT1986PTC003678

  • Company No.

    003678

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Manufacturing
Agriculture

What products or services does Pragati Pipe Industries Private Limited offer?

Pragati Pipe Industries Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Borewell Pipes, Agricultural Pipes, PVC, CPVC, HDPE Water Pipe Fittings, PE Pipe Fitting, Irrigation and Harvesting Machines, Sprinkler Irrigation System, Agricultural Irrigation Systems, Industrial Plastic Pipes, UPVC Water Pipes.

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

Board Members (3)

NameDesignationAppointment DateStatus
Meena Jhunjhunwala Country flag representing In Whole-Time Director 17-Nov-2010Current
Mohak Jhunjhunwala Country flag representing In Director 01-Apr-2018Current
Prakash Jhunjhunwala Director 05-Jul-2024Current

Financial Performance of Pragati Pipe Industries.

Pragati Pipe Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.32% increase. The company also saw a substantial improvement in profitability, with a 19.19% increase in profit. The company's net worth Soared by an impressive increase of 22.33%.

Pragati Pipe Industries revenue growth over time
Pragati Pipe Industries 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
15.32%
Revenue from Operations
16.73%
Total Assets
27.57%
Profit or Loss
19.19%
Net Worth
22.33%
EBITDA
31.67%

What is the Ownership and Shareholding Structure of Pragati Pipe Industries?

In 2023, Pragati Pipe Industries had a promoter holding of 95.77% and a public holding of 4.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.74 Cr

Satisfied Charges

₹29.81 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 37.98 Cr
  • Others : 2.65 Cr
  • State Bank Of India : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2024Others₹2.50 CrOpen
23 Nov 2023Hdfc Bank Limited₹37.98 CrOpen
06 Dec 2022Others₹0.81 MOpen
05 Nov 2022Others₹0.70 MOpen
10 Oct 2016State Bank Of India₹0.40 MOpen

How Many Employees Work at Pragati Pipe Industries?

Pragati Pipe Industries has a workforce of 25 employees as of Apr 05, 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.

Employee growth trends for Pragati Pipe Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati Pipe 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 Pipe Industries'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 Pipe Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100972940 was registered on 31 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 37.98 Cr registered on 23 Nov 2023 with Charge ID 100853488 was modified on 27 Jul 2024.

  • Director Appointment

    Prakash Chandra Jhunjhunwala was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 7 months 29 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 37.98 Cr with Charge ID 100853488 was registered on 23 Nov 2023.

  • Charges

    A charge registered on 27 Sep 2022 via Charge ID 100629876 with Others was fully satisfied on 10 Nov 2023.

  • Charges

    A charge registered on 30 Dec 2021 via Charge ID 100523467 with Others was fully satisfied on 10 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Pragati Pipe Industries Private Limited?

    Pragati Pipe Industries Private Limited was incorporated on 25 Nov 1986.

  • What is authorized share capital and paid-up capital of Pragati Pipe Industries Private Limited?

    The authorized share capital of Pragati Pipe Industries Private Limited is ₹ 3.35 Cr and paid-up capital is ₹ 1.66 Cr.

  • Who are the current board members & directors of Pragati Pipe Industries Private Limited?

    Currently 3 directors are associated with Pragati Pipe Industries Private Limited.

    • Meena Jhunjhunwala
    • Mohak Jhunjhunwala
    • Prakash Chandra Jhunjhunwala

  • What is the registered address of Pragati Pipe Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Pipe Industries Private Limited is Plot No.624 Urla Ind. Area India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of Pragati Pipe Industries Private Limited?

    The corporate identification number (CIN) of Pragati Pipe Industries Private Limited is U25200CT1986PTC003678 and the company number is 003678 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pragati Pipe Industries Private Limited?

    The Official website of Pragati Pipe Industries Private Limited is https://www.pragatipipe.com

  • What has been the recent revenue trend for Pragati Pipe Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Pipe Industries Private Limited has risen by 15.32%.

  • How many employees does Pragati Pipe Industries Private Limited currently have?

    As Per 2023 financial reports, 25 employees are currently employed by Pragati Pipe Industries Private Limited.

  • What change has been observed in the net worth of Pragati Pipe Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Pipe Industries Private Limited has experienced an upsurge of 22.33%.

  • What are the total open charges for Pragati Pipe Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pragati Pipe Industries Private Limited amount to ₹ 40.74 Cr.

  • When was the last Balance Sheet of Pragati Pipe Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Pragati Pipe Industries Private Limited was filed with the ROC on 31 Mar 2023.

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