Pragati Transmission Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 59.40 Cr
- Satisfied Charges ₹ 34.31 Cr
- Revenue Growth 16.69%
- Profit Growth -3.02%
- Ebitda -15.93%
- Net Worth 12.37%
- Total Assets 17.18%
About Pragati Transmission
Pragati Transmission Private Limited. (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 November 2005 and has a history of 19 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Energy And Power 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹59.40 Cr. The company has closed loans amounting to ₹34.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shrinivas Govindrao, Benedict Machado, Prakash Kadam, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300KA2005PTC037594
- Company No.
037594
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Nov 2005
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
What products or services does Pragati Transmission Private Limited. offer?
Pragati Transmission Private Limited. offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Automobile Fittings & Components, Automotive Shafts, Industrial Gears, Helical Gears, Spur Gears.
Pragati Transmission Private Limited.
Explore comprehensive data for Pragati Transmission Private Limited., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pragati Transmission?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Kadam  | Managing Director | 03-Nov-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shrinivas Govindrao | Director | 03-Nov-2005 | Current |
| Benedict Machado | Director | 03-Nov-2005 | Current |
| Atul Bhirangi | Director | 03-Nov-2005 | Current |
Financial Performance of Pragati Transmission.
Pragati Transmission Private Limited., for the financial year ended 2021, experienced significant growth in revenue, with a 16.69% increase. The company also saw a slight decrease in profitability, with a 3.02% decrease in profit. The company's net worth Soared by an impressive increase of 12.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pragati Transmission?
In 2021, Pragati Transmission had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Machine Tool Manufacturers AssociationShrinivas Govindrao is a mutual person
Pragati Automation Private LimitedAtul Bhirangi is a mutual person
- Pragati Control Systems Private Limited
Atul Bhirangi is a mutual person
Auto Cnc Machining LimitedShrinivas Govindrao and Benedict Machado are mutual person
- Ace Designers Limited
Shrinivas Govindrao and Benedict Machado are mutual person
- Micromatic Machine Tools Private Ltd
Shrinivas Govindrao and Benedict Machado are mutual person
Charges (Loans)
Open Charges
₹593.95 M
Satisfied Charges
₹343.08 M
Charges Breakdown by Lending Institutions
- Others : 59.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹2.30 Cr | Open |
| 02 Mar 2023 | Others | ₹6.73 Cr | Open |
| 27 Jul 2022 | Others | ₹8.80 M | Open |
| 09 Mar 2022 | Others | ₹9.45 M | Open |
| 23 Feb 2022 | Others | ₹5.58 Cr | Open |
How Many Employees Work at Pragati Transmission?
Pragati Transmission has a workforce of 107 employees as of Mar 22, 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 Transmission, 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 Transmission'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 Transmission
Recent activity within the organization
- Annual General Meeting
Pragati Transmission Private Limited. last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 67.30 M registered on 02 Mar 2023 with Charge ID 100703976 was modified on 20 Jun 2024.
- Charges
A charge registered on 22 Sep 2020 via Charge ID 100376300 with Others was fully satisfied on 14 Jun 2024.
- Charges
A charge registered on 22 Sep 2020 via Charge ID 100376304 with Others was fully satisfied on 14 Jun 2024.
- Balance Sheet
Pragati Transmission Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 23.00 M with Charge ID 100918248 was registered on 30 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Pragati Transmission Private Limited.?
Pragati Transmission Private Limited. was incorporated on 03 Nov 2005.
What is authorized share capital and paid-up capital of Pragati Transmission Private Limited.?
The authorized share capital of Pragati Transmission Private Limited. is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Pragati Transmission Private Limited.?
Currently 4 directors are associated with Pragati Transmission Private Limited..
- Shrinivas Shirgurkar Govindrao
- Benedict Machado
- Prakash Dhondu Kadam
- Atul Suresh Bhirangi
What is the registered address of Pragati Transmission Private Limited.?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Transmission Private Limited. is No.531 10Th Main 4Th Cross Phase Peenya Industrial Area, India, Bengaluru, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Pragati Transmission Private Limited.?
The corporate identification number (CIN) of Pragati Transmission Private Limited. is U34300KA2005PTC037594 and the company number is 037594 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pragati Transmission Private Limited.?
The Official website of Pragati Transmission Private Limited. is https://www.pragatigears.com
What has been the recent revenue trend for Pragati Transmission Private Limited.?
According to the financial reports for the fiscal year 2021, the revenue trend for Pragati Transmission Private Limited. has risen by 16.69%.
How many employees does Pragati Transmission Private Limited. currently have?
As Per 2021 financial reports, 107 employees are currently employed by Pragati Transmission Private Limited..
What change has been observed in the net worth of Pragati Transmission Private Limited., and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Pragati Transmission Private Limited. has experienced an upsurge of 12.37%.
What are the total open charges for Pragati Transmission Private Limited.?
As per the financial statements for fiscal Year 2021, The total open charges for Pragati Transmission Private Limited. amount to ₹ 59.40 Cr.
When was the last Balance Sheet of Pragati Transmission Private Limited. filed with the ROC?
The most recent Balance Sheet for Pragati Transmission Private Limited. was filed with the ROC on 31 Mar 2024.
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