
About Pramati Industries Private Limited
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Pramati Industries Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24299KA2020PTC140403. Its GSTIN is 29AALCP5502C1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Magadi Ranganath Harish Kumar (Managing Director) and Suresh Kumar Gopalasetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 27 B/2 Kumbalgodu 1st Phase Industrial Area Kengeri (H), Bangalore, Karnataka, India – 560074.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.34 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹21.09 Lakh (net margin -23.1%) and EBITDA of -₹17.71 Lakh (EBITDA margin -19.4%). Revenue has grown at a compounded annual rate (CAGR) of 977% over three years.
Pramati Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039028). For more details, the company can be reached via its website pramatiindustries.com.
Company details
Recognitions & Rankings of Pramati Industries
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0039028
Contact details
Pramati Industries Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 27 B/2 Kumbalgodu 1st Phase Industrial Area Kengeri (H), Bangalore, Karnataka, India – 560074
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Pramati Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Pramati Industries Private Limited, buy the company report.
Financials of Pramati Industries Private Limited
FY 2024 filings availablePramati Industries Private Limited reported revenue of ₹91.34 Lakh (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 977% over three years, including 18% growth in the latest year. EBITDA fell 37% in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹17.71 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21.09 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -19.4% | |||
| Net Profit Margin | -23.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Pramati Industries Private Limited, buy the company report.
Board of directors of Pramati Industries Private Limited
Pramati Industries has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Gopalasetty | Additional Director | 08 Dec 2021 | 4 Years 10 Months | Current |
| Malavalli Anantharamaih Meenakshi | Additional Director | 17 Mar 2021 | 5 Years 7 Months | Current |
| Vinod Ambwani | Additional Director | 08 Dec 2021 | 4 Years 10 Months | Current |
| Magadi Ranganath Harish Kumar | Managing Director | 29 Oct 2020 | 5 Years 11 Months | Current |
Peer comparison
Pramati Industries Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sangeera Services Private Limited | ₹92.88 Lakh (FY 2022) | 583.0% | Delhi, India | |||
| Amrutha Chemicals Pvt Ltd. | ₹92.77 Lakh (FY 2024) | -13.0% | Hyderabad, Telangana, India | |||
| Pan Oleo Chem24 Private Limited | ₹92.58 Lakh (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Pramati Industries Private Limitedthis company | ₹91.34 Lakh (FY 2024) | -₹21.09 Lakh | -23.1% | 18.0% | Bangalore, Karnataka, India | |
| Hynex Agro Chemical Private Limited | ₹91.23 Lakh (FY 2024) | 20.0% | Bareilly, Uttar Pradesh, India | |||
| Sapal Agrotech Private Limited | ₹90.81 Lakh (FY 2024) | 56.0% | Nashik, Maharashtra, India | |||
| PNM Lifescience Private Limited | ₹90.5 Lakh (FY 2024) | 76.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Pramati Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pramati Industries 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 Pramati Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pramati Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP5502C1ZJ | Karnataka | Active | 10 Dec 2020 |
To see the full GST registrations and return filing status of Pramati Industries Private Limited, buy the company report.
Recent activity
Pramati Industries Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Suresh Kumar Gopalasetty was appointed as Additional Director on 08 Dec 2021.
Frequently asked questions
Pramati Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U24299KA2020PTC140403.
Pramati Industries has 4 current directors:
- Magadi Ranganath Harish Kumar - Managing Director
- Suresh Kumar Gopalasetty - Additional Director
- Malavalli Anantharamaih Meenakshi - Additional Director
- Vinod Ambwani - Additional Director
The latest financial statements of Pramati Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Pramati Industries is 29AALCP5502C1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Pramati Industries is U24299KA2020PTC140403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pramati Industries was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pramati Industries by revenue are Sangeera Services Private Limited, Amrutha Chemicals Pvt Ltd, Pan Oleo Chem24 Private Limited, Hynex Agro Chemical Private Limited, Sapal Agrotech Private Limited and 1 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Suresh Kumar Gopalasetty was appointed as Additional Director on 08 Dec 2021. Vinod Ambwani was appointed as Additional Director on 08 Dec 2021. Magadi Ranganath Harish Kumar ceased to be Director on 18 Mar 2021. Pramati Industries has 6 board changes on record in total.
Yes, Pramati Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Pramati Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0039028).
Pramati Industries can be reached through the website pramatiindustries.com. Its registered office is in Bangalore, Karnataka, India.