Pragati Distributors Private Limited
About Pragati Distributors Private Limited
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Pragati Distributors Private Limited was a private limited company based in Howrah, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 12 June 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2007PTC116474.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.15 Lakh. It was led by directors Satvinder Kaur and Charanjit Singh.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 333/1 Belious Road, Howrah, West Bengal, India – 711101.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.5 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹73,347 (net margin -29.3%) and EBITDA of -₹69,897 (EBITDA margin -28%).
Company details
Contact details
Pragati Distributors Private Limited's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address333/1 Belious Road, Howrah, West Bengal, India – 711101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Pragati Distributors Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Pragati Distributors is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Pragati Distributors Private Limited, buy the company report.
Financials of Pragati Distributors Private Limited
FY 2017 filings availablePragati Distributors Private Limited reported revenue of ₹2.5 Lakh (down 99% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.5 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹69,897 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹73,347 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -28% | ||
| Net Profit Margin | -29.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Pragati Distributors Private Limited, buy the company report.
Board of directors of Pragati Distributors Private Limited
Pragati Distributors has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satvinder Kaur | Director | 12 Jun 2007 | 19 Years 5 Months | As last reported |
| Charanjit Singh Also directs: Simpro Vanijya Ltd | Director | 12 Jun 2007 | 19 Years 5 Months | As last reported |
Peer comparison
Pragati Distributors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navodhaya Kuries Private Limited | ₹2.5 Lakh (FY 2025) | -88.0% | Thrissur, Kerala, India | |||
| Skylon Investment and Holdings Private Limited | ₹2.5 Lakh (FY 2025) | 89.0% | Delhi, India | |||
| Valini Mutual Benefit Nidhi Limited | ₹2.5 Lakh (FY 2022) | 36.0% | Ballia, Uttar Pradesh, India | |||
| Pragati Distributors Private Limitedthis company | ₹2.5 Lakh (FY 2017) | -₹73,347 | -29.3% | -99.0% | Howrah, West Bengal, India | |
| MH Chits Private Limited | ₹2.5 Lakh (FY 2024) | Gurgaon, Haryana, India | ||||
| RSK Logistics Knowledge Centre Private Limited | ₹2.5 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| BPB Builders Private Limited | ₹2.5 Lakh (FY 2019) | -90.0% | New Delhi, Delhi, India | |||
| Stead Traders Pvt.Ltd. | ₹2.5 Lakh (FY 2021) | 19.0% | Kolkata, West Bengal, India | |||
| Shraddha Vyapaar Pvt Ltd | ₹2.5 Lakh (FY 2023) | 277.0% | Kolkata, West Bengal, India | |||
| Bangiyo Unnayan Nidhi Limited | ₹2.5 Lakh (FY 2024) | Birbhum, West Bengal, India | ||||
| Orangal Chits Private Limited | ₹2.5 Lakh (FY 2021) | Bengaluru, Karnataka, India |
To see the full peer comparison of Pragati Distributors Private Limited, buy the company report.
Auditor
Pragati Distributors Private Limited is audited by PRADIP AGRAWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP AGRAWAL | FY 2017 | 065184 |
Shareholding
The shareholding of Pragati Distributors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pragati Distributors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pragati Distributors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Pragati Distributors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pragati Distributors Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Charanjit Singh was appointed as Director on 12 Jun 2007.
Frequently asked questions
Pragati Distributors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pragati Distributors was a private limited company based in Howrah, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 12 June 2007 and is registered under CIN U51109WB2007PTC116474. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pragati Distributors was incorporated on 12 June 2007. It is registered with the Registrar of Companies, Kolkata.
Pragati Distributors had 2 directors:
- Satvinder Kaur - Director
- Charanjit Singh - Director
The CIN (Corporate Identification Number) of Pragati Distributors is U51109WB2007PTC116474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pragati Distributors is at 3331 Belious Road, Howrah, West Bengal, India – 711101.
The latest financial statements of Pragati Distributors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Pragati Distributors operated in the financial services industry, in the financial activities segment.
The peers of Pragati Distributors by revenue are Navodhaya Kuries Private Limited, Skylon Investment and Holdings Private Limited, Valini Mutual Benefit Nidhi Limited, MH Chits Private Limited, RSK Logistics Knowledge Centre Private Limited and 5 more, all in the same principal business activity (other financial activities).
Charanjit Singh was appointed as Director on 12 Jun 2007. Satvinder Kaur was appointed as Director on 12 Jun 2007.
Pragati Distributors can be reached at its registered office: 3331 Belious Road, Howrah, West Bengal, India – 711101.
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