Pragati Polyplast India Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 31 Year, 9 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 nine 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
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.
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
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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)
₹185.70 M
₹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
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