Pragati Synthetics Private Limited
Processing and manufacturing of man-made fabrics on job work basis.
2009 | Surat, Gujarat (India) | Active
Pragati Synthetics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.52 Cr
- Company Age 16 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.64 Cr
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 13.24%
- Profit Growth 90.02%
- Ebitda 55.09%
- Net Worth 12.13%
- Total Assets 9.59%
About Pragati Synthetics
Pragati Synthetics Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 March 2009 and has a history of 16 years and two months. Its registered office is in Surat, Gujarat, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.52 Cr.
The company currently has active open charges totaling ₹8.64 Cr. The company has closed loans amounting to ₹9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramratan Beria, Piyush Agrawal, and Rammohan Agrawal serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17120GJ2009PTC056271
- Company No.
056271
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Mar 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Pragati Synthetics Private Limited
Explore comprehensive data for Pragati Synthetics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pragati Synthetics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramratan Beria  | Director | 06-Mar-2009 | Current |
| Piyush Agrawal | Director | 22-Jun-2009 | Current |
| Rammohan Agrawal | Director | 06-Mar-2009 | Current |
Financial Performance of Pragati Synthetics.
Pragati Synthetics Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 13.24% increase. The company also saw a substantial improvement in profitability, with a 90.02% increase in profit. The company's net worth Soared by an impressive increase of 12.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pragati Synthetics?
In 2020, Pragati Synthetics had a promoter holding of 22.73% and a public holding of 77.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Pratik Polytex Private Limited
Ramratan Beria and Rammohan Agrawal are mutual person
- Surat Synthetics Llp
Piyush Agrawal is a mutual person
- R R R Teleservices Llp
Piyush Agrawal is a mutual person
- Kira Fashion Llp
Rammohan Agrawal is a mutual person
- Armo Synthetics Private Limited
Rammohan Agrawal is a mutual person
Charges (Loans)
Open Charges
₹8.64 Cr
Satisfied Charges
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Sidbi : 7.50 Cr
- The South Indian Bank Limited : 1.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2024 | Sidbi | ₹7.50 Cr | Open |
| 18 Apr 2024 | The South Indian Bank Limited | ₹1.38 M | Open |
| 22 Jan 2019 | The South Indian Bank Limited | ₹1.00 Cr | Open |
| 21 Jan 2010 | Ing Vysya Bank Limited | ₹9.00 Cr | Satisfied |
How Many Employees Work at Pragati Synthetics?
Pragati Synthetics has a workforce of 124 employees as of Apr 09, 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 Synthetics, 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 Synthetics'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 Synthetics
Recent activity within the organization
- Annual General Meeting
Pragati Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 100921549 was registered on 25 Apr 2024.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100912413 was registered on 18 Apr 2024.
- Balance Sheet
Pragati Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 21 Jan 2010 via Charge ID 10203165 with Ing Vysya Bank Limited was fully satisfied on 09 May 2019.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100237856 was registered on 22 Jan 2019.
Frequently asked questions
What is the Incorporation or founding date of Pragati Synthetics Private Limited?
Pragati Synthetics Private Limited was incorporated on 06 Mar 2009.
What is authorized share capital and paid-up capital of Pragati Synthetics Private Limited?
The authorized share capital of Pragati Synthetics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.52 Cr.
Who are the current board members & directors of Pragati Synthetics Private Limited?
Currently 3 directors are associated with Pragati Synthetics Private Limited.
- Ramratan Arjunlal Beria
- Piyush Agrawal
- Rammohan Prahaladrai Agrawal
What is the registered address of Pragati Synthetics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Synthetics Private Limited is Survey No. 201/202/203/B Near Wintex Mills P. Ltd G.I.D.C. Pandesara, India, Surat, Gujarat, 394221.
What is the corporate identification number (CIN) and company number of Pragati Synthetics Private Limited?
The corporate identification number (CIN) of Pragati Synthetics Private Limited is U17120GJ2009PTC056271 and the company number is 056271 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Pragati Synthetics Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Pragati Synthetics Private Limited has risen by 13.24%.
How many employees does Pragati Synthetics Private Limited currently have?
As Per 2020 financial reports, 124 employees are currently employed by Pragati Synthetics Private Limited.
What change has been observed in the net worth of Pragati Synthetics Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Pragati Synthetics Private Limited has experienced an upsurge of 12.13%.
What are the total open charges for Pragati Synthetics Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Pragati Synthetics Private Limited amount to ₹ 8.64 Cr.
When was the last Balance Sheet of Pragati Synthetics Private Limited filed with the ROC?
The most recent Balance Sheet for Pragati Synthetics Private Limited was filed with the ROC on 31 Mar 2024.
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