Pragati Polyplast India Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.57 Cr
- Satisfied Charges ₹ 25.41 Cr
- Revenue Growth 1.73%
- Profit Growth -19.22%
- Ebitda -4.12%
- Net Worth 6.42%
- Total Assets -1.41%
About Pragati Polyplast India
Pragati Polyplast India Private Limited (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 1993 and has a history of 31 years and ten months. Its registered office is in Medak, Telangana, India.
The Corporate was formerly known as Pragati Switches Pvt. Ltd.. 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 4.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹18.57 Cr. The company has closed loans amounting to ₹25.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pushpa Sanghi, Satish Sanghi, Nitin Sanghi, and One other member serve as directors at the Company.
Company Details
- Location
Medak, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309TG1993PTC015789
- Company No.
015789
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 May 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Packaging
What products or services does Pragati Polyplast India Private Limited offer?
Pragati Polyplast India Private Limited offers a wide range of products and services, including Plastic Containers & Bottles, Plastic Bottles, Storage Tanks, Drums & Containers, Cargo Containers, Plastic Drums, Open Top Drum, Laboratory Plasticware, Specimen Containers, Plastic Cans, Plastic Jerry Cans.
Pragati Polyplast India Private Limited
Explore comprehensive data for Pragati Polyplast India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pragati Polyplast India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Sanghi  | Managing Director | 01-Jan-1994 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Sanghi | Director | 01-Oct-2015 | Current |
| Pushpa Sanghi | Director | 01-Jan-1994 | Current |
| Preeti Sanghi | Director | 23-Sep-2009 | Current |
Financial Performance of Pragati Polyplast India.
Pragati Polyplast India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.73% increase. The company also saw a substantial fall in profitability, with a 19.22% decrease in profit. The company's net worth moved up by a moderate rise of 6.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pragati Polyplast India?
In 2023, Pragati Polyplast India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹185.70 M
Satisfied Charges
₹254.10 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 17.69 Cr
- Axis Bank Limited : 0.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2024 | Axis Bank Limited | ₹3.10 M | Open |
| 01 Nov 2023 | Hdfc Bank Limited | ₹1.53 Cr | Open |
| 13 Jan 2023 | Hdfc Bank Limited | ₹1.97 M | Open |
| 06 Sep 2022 | Hdfc Bank Limited | ₹4.04 M | Open |
| 03 Oct 2019 | Axis Bank Limited | ₹4.50 M | Open |
How Many Employees Work at Pragati Polyplast India?
Pragati Polyplast India has a workforce of 42 employees as of Apr 04, 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 Polyplast India, 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 Polyplast India'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 Polyplast India
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 3.10 M with Charge ID 100974625 was registered on 18 Jul 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.30 M with Charge ID 100860344 was registered on 01 Nov 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 155.59 M registered on 26 Aug 2015 with Charge ID 10595156 was modified on 01 Nov 2023.
- Annual General Meeting
Pragati Polyplast India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Pragati Polyplast India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.97 M with Charge ID 100696845 was registered on 13 Jan 2023.
Frequently asked questions
What is the Incorporation or founding date of Pragati Polyplast India Private Limited?
Pragati Polyplast India Private Limited was incorporated on 21 May 1993.
What is authorized share capital and paid-up capital of Pragati Polyplast India Private Limited?
The authorized share capital of Pragati Polyplast India Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.00 M.
Who are the current board members & directors of Pragati Polyplast India Private Limited?
Currently 4 directors are associated with Pragati Polyplast India Private Limited.
- Pushpa Sanghi
- Satish Kumar Sanghi
- Nitin Sanghi
- Preeti Sanghi
What is the registered address of Pragati Polyplast India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Polyplast India Private Limited is 9/2B Apiic Phase I Pashamylaram, Patancheru India, Medak, Telangana, 502305.
What is the corporate identification number (CIN) and company number of Pragati Polyplast India Private Limited?
The corporate identification number (CIN) of Pragati Polyplast India Private Limited is U29309TG1993PTC015789 and the company number is 015789 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pragati Polyplast India Private Limited?
The Official website of Pragati Polyplast India Private Limited is https://www.pragatiplast.com
What has been the recent revenue trend for Pragati Polyplast India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Polyplast India Private Limited has risen by 1.73%.
How many employees does Pragati Polyplast India Private Limited currently have?
As Per 2023 financial reports, 42 employees are currently employed by Pragati Polyplast India Private Limited.
What change has been observed in the net worth of Pragati Polyplast India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Polyplast India Private Limited has experienced an upsurge of 6.42%.
What are the total open charges for Pragati Polyplast India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pragati Polyplast India Private Limited amount to ₹ 18.57 Cr.
When was the last Balance Sheet of Pragati Polyplast India Private Limited filed with the ROC?
The most recent Balance Sheet for Pragati Polyplast India Private Limited was filed with the ROC on 31 Mar 2023.
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