Prragathi Steel Castings Private Limited

Manufactures steel castings for various industries, established in 1991 in Shimoga, Karnataka.

1991 | Shimoga, Karnataka (India) | Active
Last Updated:

Prragathi Steel Castings Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.74 Cr
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.54 Cr
  • Satisfied Charges ₹ 9.65 Cr
  • Revenue Growth 17.63%
  • Profit Growth -3877.16%
  • Ebitda -56.76%
  • Net Worth -16.95%
  • Total Assets 2.79%

About Prragathi Steel Castings

Prragathi Steel Castings Private Limited (PSCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 1991 and has a history of 33 years and ten months. Its registered office is in Shimoga, Karnataka, India.

The Corporate was formerly known as Supra Technical Services Private Limited. 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 8.00 Cr and a paid-up capital of Rs 6.74 Cr.

The company currently has active open charges totaling ₹17.54 Cr. The company has closed loans amounting to ₹9.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shanthappanavara Harsha, Doddamane Ashok, Doddamane Chandrashekar, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1991PTC011958

  • Company No.

    011958

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 1991

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Metals and Minerals

Who are the key members and board of directors at Prragathi Steel Castings?

Executive Team (1)

NameDesignationAppointment DateStatus
Nagendrappa Surendra Country flag representing In Managing Director10-May-1991Current

Board Members (11)

NameDesignationAppointment DateStatus
Doddamane Chandrashekar Country flag representing In Director 08-Apr-2002Current
Shanthappanavara Harsha Country flag representing In Director 12-Dec-2011Current
Doddamane Ashok Country flag representing In Director 25-Jan-1997Current
Sheela Chandrashekar Country flag representing In Director 04-Aug-1997Current
Doddanara Shankarappa Country flag representing In Director 31-Jan-2009Current
Gugri Sarojinidevi Country flag representing In Director 12-Oct-2012Current

Financial Performance of Prragathi Steel Castings.

Prragathi Steel Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.63% increase. The company also saw a substantial fall in profitability, with a 3877.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.95%.

Prragathi Steel Castings revenue growth over time
Prragathi Steel Castings 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
17.63%
Revenue from Operations
17.17%
Total Assets
2.79%
Profit or Loss
-3877.16%
Net Worth
-16.95%
EBITDA
-56.76%

What is the Ownership and Shareholding Structure of Prragathi Steel Castings?

In 2023, Prragathi Steel Castings had a promoter holding of 96.54% and a public holding of 3.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.54 Cr

Satisfied Charges

₹9.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 17.54 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2001State Bank Of India₹17.54 CrOpen
05 Jun 2020State Bank Of India₹2.48 CrSatisfied
13 May 2020State Bank Of India₹7.50 MSatisfied
31 Oct 2019Others₹1.50 MSatisfied
10 Aug 2018State Bank Of India₹1.60 CrSatisfied

How Many Employees Work at Prragathi Steel Castings?

Prragathi Steel Castings has a workforce of 112 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.

Employee growth trends for Prragathi Steel Castings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prragathi Steel Castings, 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 Prragathi Steel Castings'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 Prragathi Steel Castings

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 17.54 Cr registered on 05 Jan 2001 with Charge ID 90194320 was modified on 07 Aug 2024.

  • Annual General Meeting

    Prragathi Steel Castings Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Prragathi Steel Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 31 Oct 2019 via Charge ID 100301689 with Others was fully satisfied on 28 Sep 2022.

  • Charges

    A charge registered on 05 Jun 2020 via Charge ID 100342812 with State Bank Of India was fully satisfied on 19 Jan 2022.

  • Charges

    A charge registered on 13 May 2020 via Charge ID 100339208 with State Bank Of India was fully satisfied on 19 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prragathi Steel Castings Private Limited?

    Prragathi Steel Castings Private Limited was incorporated on 10 May 1991.

  • What is authorized share capital and paid-up capital of Prragathi Steel Castings Private Limited?

    The authorized share capital of Prragathi Steel Castings Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.74 Cr.

  • Who are the current board members & directors of Prragathi Steel Castings Private Limited?

    Currently 12 directors are associated with Prragathi Steel Castings Private Limited.

    • Shanthappanavara Rudregowda Harsha
    • Doddamane Basavaraj Ashok
    • Doddamane Shivannagowda Chandrashekar
    • Sheela Chandrashekar
    • Doddanara Mallappa Shankarappa
    • Gugri Sarojinidevi
    • Kadurahalli Shanthappa Geetha
    • Avinash Prakash Margad
    • Doddamane Halappa Shankarappagowda
    • Kadurhalli Channabasappa Shanthappa
    • Hosamane Mahendrappa
    • Nagendrappa Surendra

  • What is the registered address of Prragathi Steel Castings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prragathi Steel Castings Private Limited is No.41 -Bhadravati Indusarea Machenahalli Nidige P.O., India, Shimoga, Karnataka, 577222.

  • What is the corporate identification number (CIN) and company number of Prragathi Steel Castings Private Limited?

    The corporate identification number (CIN) of Prragathi Steel Castings Private Limited is U85110KA1991PTC011958 and the company number is 011958 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prragathi Steel Castings Private Limited?

    The Official website of Prragathi Steel Castings Private Limited is https://www.prragathisteelcast.com

  • What has been the recent revenue trend for Prragathi Steel Castings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prragathi Steel Castings Private Limited has risen by 17.63%.

  • How many employees does Prragathi Steel Castings Private Limited currently have?

    As Per 2023 financial reports, 112 employees are currently employed by Prragathi Steel Castings Private Limited.

  • What change has been observed in the net worth of Prragathi Steel Castings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prragathi Steel Castings Private Limited has experienced an downturn of -16.95%.

  • What are the total open charges for Prragathi Steel Castings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prragathi Steel Castings Private Limited amount to ₹ 17.54 Cr.

  • When was the last Balance Sheet of Prragathi Steel Castings Private Limited filed with the ROC?

    The most recent Balance Sheet for Prragathi Steel Castings Private Limited was filed with the ROC on 31 Mar 2024.

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