Hsbc Pragati Finance (India) Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 27, 2025

About Hsbc Pragati Finance (India) Private Limited

Hsbc Pragati Finance (India) Private Limited, a amalgamated private limited company, was established on 14 September 1995 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial services sector, it holds CIN: U67120MH1995PTC092723. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹41.25 Cr.

Its leadership includes Sethu Rathnam Ganashyam (Director), Jinesh Jagdish Shah (Director). Past directors included Subramanian Jambunathan, Venkatesh Krishnan, Muffadal Boty. Its latest AGM occurred on 14 October 2010, with the balance sheet filed on 31 March 2010. It is based at 52/60 Mahatama Gandhi Rdfort, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U67120MH1995PTC092723
Registration Number
092723
Incorporation Date
14 September 1995
Authorized Capital
₹60.00 Cr
Paid-Up Capital
₹41.25 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 60.00 Cr as on 27-07-2025
Paid Up Capital ₹ 41.25 Cr as on 27-07-2025
Company Age 30 Year, 6 Months
Last Filing with ROC 31 Mar 2010

Comprehensive Company Insights

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Who are the key members and board of directors at Hsbc Pragati Finance (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sethu Rathnam Ganashyam	Director	09 Jun 2010	Current
Jinesh Jagdish Shah	Director	28 Aug 2006	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Jul 2010	Past
Pramod Abcsdd	Director	19 Mar 2010	Past
Pramod Abcsdd	Director	30 Jun 2008	Past

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Financial Performance of Hsbc Pragati Finance (India).

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Hsbc Pragati Finance (India)?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Hsbc Pragati Finance (India)?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hsbc Pragati Finance (India), 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 Hsbc Pragati Finance (India)'s trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Hsbc Pragati Finance (India)

Recent Activity within the Organization

Annual General Meeting

The activity Hsbc Pragati Finance (India) Private Limited last Annual general meeting of members was held on 14 Oct 2010 as per latest MCA records. was completed.
14 Oct 2010
Director Appointment

The activity Sethu Rathnam Ganashyam was appointed as a Director was appointed as a Director on 09 Jun 2010 & has been associated with this company since 15 years 9 months . was completed.
09 Jun 2010
Balance Sheet

Hsbc Pragati Finance (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2010 with Roc Mumbai. was recorded as a recent event.
31 Mar 2010
Director Appointment

The activity Jinesh Jagdish Shah was appointed as a Director was appointed as a Director on 28 Aug 2006 & has been associated with this company since 19 years 7 months . was completed.
28 Aug 2006
Company Incorporation

Progress on Hsbc Pragati Finance (India) Private Limited was registered on 14 Sep 1995 with Roc Mumbai & aged 30 years 6 months as per MCA records. was documented.
14 Sep 1995

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