Pragati Spinners Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 23.36 Cr
as on 05-07-2024
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 42.51 Cr
as on 05-07-2024
- Satisfied Charges ₹ 46.96 Cr
as on 05-07-2024
- Revenue -11.98%
(FY 2023)
- Profit -44.64%
(FY 2023)
- Ebitda -7.21%
(FY 2023)
- Net Worth 3.22%
(FY 2023)
- Total Assets 13.78%
(FY 2023)
About Pragati Spinners
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 30.00 Cr and a paid-up capital of Rs 23.36 Cr.
The company currently has active open charges totaling ₹42.51 Cr. The company has closed loans amounting to ₹46.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Padmaja Alla and Jithendra Alla serve as directors at the Company.
- CIN/LLPIN
U17200TG2010PTC070864
- Company No.
070864
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Oct 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Pragati Spinners Private Limited offer?
Pragati Spinners Private Limited offers a wide range of products and services, including Cotton Yarn, Open End Cotton Yarn, Yarn, Weaving Yarn, Combed Cotton Yarn, Yarns & Threads, Textile Yarn.
Who are the key members and board of directors at Pragati Spinners?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Padmaja Alla  | Director | 14-Oct-2010 | Current |
| Jithendra Alla | Director | 14-Oct-2010 | Current |
Financial Performance and Corporate Structure Insights of Pragati Spinners.
Pragati Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.98% decrease. The company also saw a substantial fall in profitability, with a 44.64% decrease in profit. The company's net worth moved up by a moderate rise of 3.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pragati Spinners?
In 2023, Pragati Spinners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Telangana Spinning & Textile Mills AssociationActive 9 years 8 monthsJithendra Alla is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 27 Jul 2022 | ₹42.30 Cr | Open |
Others Creation Date: 07 Dec 2017 | ₹2.10 M | Open |
Indian Overseas Bank Creation Date: 24 Sep 2011 | ₹46.96 Cr | Satisfied |
How Many Employees Work at Pragati Spinners?
Unlock and access historical data on people associated with Pragati Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pragati Spinners, 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 Spinners'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.
