Pragati Technocraft Private Limited

Manufacturer of auto components and parts, including pneumatic cross shafts, die casting parts, and sheet metal components.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 07, 2025

Pragati Technocraft Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.95 Cr
  • Satisfied Charges ₹ 1.92 Cr
  • Revenue Growth -42.69%
  • Profit Growth 35.80%
  • Ebitda 926.79%
  • Net Worth 6.50%
  • Total Assets 3.21%

About Pragati Technocraft

Pragati Technocraft Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 July 2010 and has a history of 14 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹7.95 Cr. The company has closed loans amounting to ₹1.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirav Patel and Sachin Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pragatitechno.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29219GJ2010PTC061702

  • Company No.

    061702

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sachin Patel Country flag representing In Managing Director22-Jul-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Nirav Patel Country flag representing In Director 22-Jul-2010Current

Financial Performance of Pragati Technocraft.

Pragati Technocraft Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 42.69% decrease. The company also saw a substantial improvement in profitability, with a 35.8% increase in profit. The company's net worth moved up by a moderate rise of 6.5%.

Graph illustrating revenue growth over time
Graph showing 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
-42.69%
Revenue from Operations
-50.41%
Total Assets
3.21%
Profit or Loss
35.80%
Net Worth
6.50%
EBITDA
926.79%

What is the Ownership and Shareholding Structure of Pragati Technocraft?

In 2019, Pragati Technocraft had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.52 M

Satisfied Charges

₹19.20 M

Charges Breakdown by Lending Institutions

  • Sidbi : 7.45 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2024Sidbi₹1.60 CrOpen
22 Nov 2023Sidbi₹5.85 CrOpen
09 Jan 2017Hdfc Bank Limited₹5.00 MOpen
14 Oct 2010Canara Bank₹1.92 CrSatisfied

How Many Employees Work at Pragati Technocraft?

Pragati Technocraft has a workforce of 10 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati Technocraft, 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 Technocraft'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 Technocraft

Recent activity within the organization

  • Annual General Meeting

    Pragati Technocraft Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Pragati Technocraft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 16.00 M with Charge ID 100895044 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 58.52 M with Charge ID 100818531 was registered on 22 Nov 2023.

    22 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100072241 was registered on 09 Jan 2017.

    09 Jan 2017

  • Charges

    A charge registered on 14 Oct 2010 via Charge ID 10250543 with Canara Bank was fully satisfied on 30 Nov 2016.

    30 Nov 2016

Frequently asked questions

  • Pragati Technocraft Private Limited was incorporated on 22 Jul 2010.

  • The authorized share capital of Pragati Technocraft Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Pragati Technocraft Private Limited.

    • Nirav Purshottambhai Patel
    • Sachin Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Technocraft Private Limited is 1119/2 Opp Gokulnagar Park-Ii.B/H Priya Cinema Naroda-Narol Highway Saijpur Bogha, India, Ahmadabad City, Gujarat, 382345.

  • The corporate identification number (CIN) of Pragati Technocraft Private Limited is U29219GJ2010PTC061702 and the company number is 061702 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragati Technocraft Private Limited is https://www.pragatitechno.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Pragati Technocraft Private Limited has fallen by -42.69%.

  • As Per 2017 financial reports, 10 employees are currently employed by Pragati Technocraft Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Pragati Technocraft Private Limited has experienced an upsurge of 6.50%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Pragati Technocraft Private Limited amount to ₹ 7.95 Cr.

  • The most recent Balance Sheet for Pragati Technocraft Private Limited was filed with the ROC on 31 Mar 2024.