About Pragati Services Private Limited
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Pragati Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 09 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL1999PTC098749. Its GSTIN is 07AACCP4357N1Z0 (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.78 Lakh. It is led by directors including Amar Bakshi and Bakhtawar Singh Rajwar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7/13/2 S/F Devika Tower Nehru Place, New Delhi, Delhi, India – 110019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragatigroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7/13/2 S/F Devika Tower Nehru Place, New Delhi, Delhi, India – 110019
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
- 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
- One PDF report, delivered after checkout
Financials of Pragati Services Private Limited FY 2023 filings available
Pragati Services Private Limited reported revenue of ₹8,500 (up 183% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Pragati Services Private Limited
Revenue rose 183% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 73%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Pragati Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹8,500 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Pragati Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pragati Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Pragati Services Private Limited
Pragati Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Bakshi | Director | 30 Sep 2006 | 20 Years 0 Months | Current |
| Bakhtawar Singh Rajwar Also directs: Surya Services Private Limited | Director | 10 Aug 2009 | 17 Years 2 Months | Current |
| Devender Singh | Director | 01 Jun 2016 | 10 Years 4 Months | Current |
Peer Comparison of Pragati Services Private Limited
Pragati Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Torcia Research Private Limited | ₹10,000 (FY 2023) | •••• | •••• | 125.0% | •••• | New Delhi, Delhi, India |
| Globify Offshoring Services Private Limited | ₹9,992 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Utility Express Services Private Limited | ₹9,074 (FY 2025) | •••• | •••• | -100.0% | •••• | Noida, Uttar Pradesh, India |
| Myoperator Services Private Limited | ₹8,998 (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Accelcia Business Services India Pvt Ltd | ₹8,845 (FY 2024) | •••• | •••• | 532.0% | •••• | Chandigarh, India |
| Pragati Services Private Limited this company | ₹8,500 (FY 2022) | •••• | •••• | 183.0% | •••• | New Delhi, Delhi, India |
| Silkroad Business Consulting Private Limited | ₹7,800 (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Dhir Trading and Agencies Limited | ₹7,780 (FY 2022) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Aeon Corporate Care Private Limited | ₹7,282 (FY 2024) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| SRPS Pro Private Limited | ₹7,252 (FY 2024) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Paradigm Accountancy (India) Private Limited | ₹7,247 (FY 2025) | •••• | •••• | 2037.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Pragati Services by revenue in the Outsourcing industry (Accounting and Financial Analysis), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pragati Services Private Limited
Pragati Services Private Limited is audited by S R K & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R K & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Pragati Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pragati Services Private Limited
Pragati Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pragati Services Private Limited
Employment history and EPFO contributions of people linked to Pragati Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pragati Services Private Limited
Pragati Services Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Bakhtawar Singh Rajwar ceased to be Director on 14 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Pragati Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pragati Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pragati Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pragati Services Private Limited
Pragati Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCP4357N1Z0 | Delhi | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pragati Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pragati Services Private Limited
Pragati Services is an active private limited company based in New Delhi, Delhi, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 09 March 1999 (27+ years old) and is registered under CIN U74140DL1999PTC098749.
Pragati Services has 3 current directors:
- Amar Bakshi - Director
- Bakhtawar Singh Rajwar - Director
- Devender Singh - Director
The GSTIN of Pragati Services is 07AACCP4357N1Z0, registered in Delhi.
The CIN (Corporate Identification Number) of Pragati Services is U74140DL1999PTC098749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Services was incorporated on 09 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Pragati Services by revenue are Torcia Research Private Limited, Globify Offshoring Services Private Limited, Utility Express Services Private Limited, Myoperator Services Private Limited, Accelcia Business Services India Pvt Ltd and 5 more, all in the Outsourcing industry (Accounting and Financial Analysis).
Bakhtawar Singh Rajwar ceased to be Director on 14 Dec 2021. Devender Singh ceased to be Additional Director on 30 Sep 2016. Arun Bahuguna ceased to be Director on 01 Jun 2016. Pragati Services has 7 board changes on record in total.
Pragati Services can be reached through the website pragatigroup.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Pragati Services is at 7132 SF Devika Tower Nehru Place, New Delhi, Delhi, India – 110019.
Pragati Services has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.78 Lakh.
Pragati Services operates in the business outsourcing industry, in the accounting and financial analysis segment.