Pratik Machineries Private Limited

Manufactures high speed machinery for wire and conductor production.

2003 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: July 25, 2024

Pratik Machineries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 22 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.26 Cr
  • Satisfied Charges ₹ 2.90 Cr
  • Revenue Growth 20.15%
  • Profit Growth 50.74%
  • Ebitda -10.70%
  • Net Worth -1.24%
  • Total Assets -8.29%

About Pratik Machineries

Pratik Machineries Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 2003 and has a history of 22 years. Its registered office is in Navi Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.26 Cr. The company has closed loans amounting to ₹2.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pravin Vetal and Parinita Vetal serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pratikmachineries.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28930MH2003PTC139191

  • Company No.

    139191

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Pratik Machineries Private Limited offer?

Pratik Machineries Private Limited offers a wide range of products and services, including Process Control Systems & Equipments, Process Controllers, Wire Drawing & Cabling Machines, Wire Drawing Machines.

Who are the key members and board of directors at Pratik Machineries?

Board Members (2)

NameDesignationAppointment DateStatus
Pravin Vetal Country flag representing In Director 17-Feb-2003Current
Parinita Vetal Country flag representing In Director 17-Feb-2003Current

Financial Performance of Pratik Machineries.

Pratik Machineries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.15% increase. The company also saw a substantial improvement in profitability, with a 50.74% increase in profit. The company's net worth dipped by a decrease of 1.24%.

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
20.15%
Revenue from Operations
19.82%
Total Assets
-8.29%
Profit or Loss
50.74%
Net Worth
-1.24%
EBITDA
-10.70%

What is the Ownership and Shareholding Structure of Pratik Machineries?

In 2023, Pratik Machineries had a promoter holding of 65.00% and a public holding of 35.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.26 Cr

Satisfied Charges

₹2.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.26 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2020Others₹5.00 MOpen
20 Jun 2020Others₹2.60 MOpen
19 Jun 2018Others₹7.00 MOpen
11 Aug 2011Others₹8.00 MOpen
15 Jun 2013The Karad Urban Co-Operative Bank Ltd.₹1.35 CrSatisfied

How Many Employees Work at Pratik Machineries?

Unlock and access historical data on people associated with Pratik Machineries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pratik Machineries, 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 Pratik Machineries'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 Pratik Machineries

Recent activity within the organization

  • Annual General Meeting

    Pratik Machineries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pratik Machineries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 0.80 Cr registered on 11 Aug 2011 with Charge ID 10384948 was modified on 02 Nov 2021.

    02 Nov 2021

  • Charges

    A charge registered on 15 Jun 2013 via Charge ID 10434809 with The Karad Urban Co-Operative Bank Ltd. was fully satisfied on 30 Jul 2020.

    30 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100364028 was registered on 28 Jul 2020.

    28 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100347755 was registered on 20 Jun 2020.

    20 Jun 2020

Frequently asked questions

  • Pratik Machineries Private Limited was incorporated on 17 Feb 2003.

  • The authorized share capital of Pratik Machineries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Pratik Machineries Private Limited.

    • Pravin Anandrao Vetal
    • Parinita Pravin Vetal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pratik Machineries Private Limited is 502 Manav Niwasplot No 7 Sector 19 New Panvel, Navi Mumbai, Maharashtra, India, 410206.

  • The corporate identification number (CIN) of Pratik Machineries Private Limited is U28930MH2003PTC139191 and the company number is 139191 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pratik Machineries Private Limited is https://www.pratikmachineries.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pratik Machineries Private Limited has risen by 20.15%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pratik Machineries Private Limited has experienced an downturn of -1.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pratik Machineries Private Limited amount to ₹ 2.26 Cr.

  • The most recent Balance Sheet for Pratik Machineries Private Limited was filed with the ROC on 31 Mar 2023.

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