Pragati Wires Private Limited
Manufacturer of refractory products, MS wire, galvanized barbed wire, and other metal wires.
2007 | Kolkata, West Bengal (India) | Active
Pragati Wires Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.45 Cr
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 87.01 Cr
- Satisfied Charges ₹ 67.25 Cr
- Revenue Growth 18.27%
- Profit Growth 13.64%
- Ebitda 13.70%
- Net Worth 10.55%
- Total Assets 18.73%
About Pragati Wires
Pragati Wires Private Limited (PWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 2007 and has a history of 17 years and four months. Its registered office is in Kolkata, West Bengal, 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 1.50 Cr and a paid-up capital of Rs 1.45 Cr.
The company currently has active open charges totaling ₹87.01 Cr. The company has closed loans amounting to ₹67.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chintu Agarwal and Rohit Chaudhary serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300WB2007PTC121142
- Company No.
121142
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Manufacturing
Pragati Wires Private Limited
Explore comprehensive data for Pragati Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pragati Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chintu Agarwal  | Director | 20-Dec-2007 | Current |
| Rohit Chaudhary | Director | 10-Jan-2008 | Current |
Financial Performance of Pragati Wires.
Pragati Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.27% increase. The company also saw a substantial improvement in profitability, with a 13.64% increase in profit. The company's net worth Soared by an impressive increase of 10.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Pragati Wires?
In 2023, Pragati Wires had a promoter holding of 74.82% and a public holding of 25.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Baba Structural Private LimitedRohit Chaudhary is a mutual person
- Pragati Iron Private Limited
Chintu Agarwal is a mutual person
- Pragati Vyapaar Private Limited
Chintu Agarwal is a mutual person
- Baba Aluminium Products Pvt.Ltd.
Rohit Chaudhary is a mutual person
Charges (Loans)
Open Charges
₹87.01 Cr
Satisfied Charges
₹67.25 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 37.48 Cr
- Axis Bank Limited : 33.81 Cr
- Oriental Bank Of Commerce : 10.75 Cr
- State Bank Of India : 4.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2024 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 23 Aug 2024 | State Bank Of India | ₹4.97 Cr | Open |
| 24 Aug 2021 | Axis Bank Limited | ₹33.81 Cr | Open |
| 10 Aug 2021 | Hdfc Bank Limited | ₹22.48 Cr | Open |
| 24 Oct 2008 | Oriental Bank Of Commerce | ₹10.75 Cr | Open |
How Many Employees Work at Pragati Wires?
Pragati Wires has a workforce of 54 employees as of Apr 01, 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 Wires, 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 Wires'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 Wires
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100999009 was registered on 30 Oct 2024.
- Annual General Meeting
Pragati Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with State Bank Of India amounted to Rs. 4.97 Cr with Charge ID 100968842 was registered on 23 Aug 2024.
- Balance Sheet
Pragati Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Axis Bank Limited of Rs. 33.81 Cr registered on 24 Aug 2021 with Charge ID 100474224 was modified on 28 Feb 2024.
- Charges
A charge registered on 21 Oct 2020 via Charge ID 100436582 with Hdfc Bank Limited was fully satisfied on 10 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of Pragati Wires Private Limited?
Pragati Wires Private Limited was incorporated on 20 Dec 2007.
What is authorized share capital and paid-up capital of Pragati Wires Private Limited?
The authorized share capital of Pragati Wires Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.45 Cr.
Who are the current board members & directors of Pragati Wires Private Limited?
Currently 2 directors are associated with Pragati Wires Private Limited.
- Chintu Kumar Agarwal
- Rohit Kumar Chaudhary
What is the registered address of Pragati Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Wires Private Limited is 54 Strand Road 1St Floor, India, Kolkata, West Bengal, 700006.
What is the corporate identification number (CIN) and company number of Pragati Wires Private Limited?
The corporate identification number (CIN) of Pragati Wires Private Limited is U31300WB2007PTC121142 and the company number is 121142 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Pragati Wires Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Wires Private Limited has risen by 18.27%.
How many employees does Pragati Wires Private Limited currently have?
As Per 2023 financial reports, 54 employees are currently employed by Pragati Wires Private Limited.
What change has been observed in the net worth of Pragati Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Wires Private Limited has experienced an upsurge of 10.55%.
What are the total open charges for Pragati Wires Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pragati Wires Private Limited amount to ₹ 87.01 Cr.
When was the last Balance Sheet of Pragati Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Pragati Wires Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
BA
Bimal AgarwalDirector
Similar Companies Based on Cable & Wire
Gupta Power Infrastructure Limited 24 Parganas, West Bengal, India
Vindhya Telelinks Limited Rewa, Madhya Pradesh, India
Heg Limited Bhopal, Madhya Pradesh, India
Polycab India Limited Panch Mahals, Gujarat, India
Havells India Limited New Delhi, India
Sterlite Power Transmission Limited Pune, Maharashtra, India
R R Kabel Limited Mumbai, Maharashtra, India