About Pragati Glass & Industries Private Limited
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Pragati Glass & Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 22 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26100MH1981PTC200311. Its GSTIN is 27AABCP7377H1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹17.97 Cr. It was formerly known as Pragati Glass Works Limited and Pragati Manufacturing Industries Private Limited. It is led by directors including Dinesh Kumar Gupta (Managing Director) and Rajeshbhai Ishvarlal Shah (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹446.85 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹24.98 Cr (net margin 5.6%) and EBITDA of ₹54.23 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company has about 263 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100.95 Cr and satisfied charges of ₹130.42 Cr on record. Court records list 72 cases involving the company, including 21 filed by the company and 51 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragatiglass.com.
Company details
Name history
Pragati Glass & Industries has undergone 4 name changes throughout its history. The current legal name is Pragati Glass & Industries Private Limited.
| Company Name | Status |
|---|---|
| Pragati Glass & Industries Private Limited | Current |
| Pragati Glass Works Limited | Previous |
| Pragati Manufacturing Industries Private Limited | Previous |
| Pragati Glass Works Private Limited | Previous |
| Pragati Glass Private Limited | Previous |
CIN history
Pragati Glass & Industries has one previous CIN (Corporate Identification Number): U26100GJ1981PTC004640. The current CIN is U26100MH1981PTC200311, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26100MH1981PTC200311 | Current |
| U26100GJ1981PTC004640 | Previous |
Contact details
Pragati Glass & Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is pragatiglass.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address301 – 2 – 3 3rd Floor Dev Plaza Opp. Fire Brigade Above Vijay Sales S.V. Road Andheri We, St, Mumbai, Maharashtra, India – 400058
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Pragati Glass & Industries 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 Glass & Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Pragati Glass & Industries Private Limited, buy the company report.
Financials of Pragati Glass & Industries Private Limited
FY 2024 filings availablePragati Glass & Industries Private Limited reported revenue of ₹446.85 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 6% growth in the latest year. EBITDA rose 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹54.23 Cr | ||||
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| Net Profit (PAT) | ₹24.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Pragati Glass & Industries Private Limited, buy the company report.
Board of directors of Pragati Glass & Industries Private Limited
Pragati Glass & Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Gupta Also directs: Aastha Plastic and Engineering LLP, Plastotech India Private Limited, Shree Mohan Swarup Holdings Private Limited and 2 more | Managing Director | 22 Sep 1992 | 34 Years 1 Months | Current |
| Rajeshbhai Ishvarlal Shah Also directs: Divya Manav Seva Foundation | Whole-Time Director | 10 Aug 2000 | 26 Years 2 Months | Current |
| Aditi Dinesh Gupta Also directs: Saloni Herbal Private Limited | Additional Director | 24 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Pragati Glass & Industries Private Limited is audited by RAKESH AYUSH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH AYUSH & CO | FY 2023 | 0116146W |
Shareholding
The shareholding of Pragati Glass & Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pragati Glass & Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2025 | 101194999 | Sidbi | ₹1 Cr | Open | |
| 16 Sep 2025 | 101155020 | Others | ₹12 Lakh | Open | |
| 06 Aug 2025 | 101139094 | Others | ₹12 Lakh | Open | |
| 03 Jul 2025 | 101120234 | Others | ₹8 Lakh | Open | |
| 19 Mar 2025 | 101075846 | State Bank of India | ₹1.97 Cr | Open |
To see the full charge records of Pragati Glass & Industries Private Limited, buy the company report.
Total charge records: 48 View all charges
Legal cases
Pragati Glass & Industries Private Limited has 72 court cases on record: 21 filed by Pragati Glass & Industries, 51 filed against it. 6 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 33 | 3 |
| High courts | 25 | 18 | 3 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Commercial matter | Filed by the company against United India Insurance Company Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against Ms.Eurolux Fragrances Pvt Ltd and 3 Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against M. S. Global Pvt Ltd | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against an individual | Pending |
| District court, Bharuch, Gujarat | Commercial matter | Filed by the company against Shri Anil Chaudhry Proprietor of Chaudhry Trading Co. | Pending |
To see the full case history of Pragati Glass & Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Pragati Glass & Industries Private Limited was last rated by Icra on 29 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Sep 2021 |
To see the full credit ratings and regulatory alerts of Pragati Glass & Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Glass & Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pragati Glass & Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Pragati Glass & Industries Private Limited has a workforce of 263 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Pragati Glass & Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP7377H1Z2 | Maharashtra | Active | 06 Sep 2021 |
| 24AABCP7377H1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragati Glass & Industries Private Limited, buy the company report.
Recent activity
Pragati Glass & Industries Private Limited has 9 board changes on record since 1992: 6 appointments and 3 cessations. The latest: Aditi Dinesh Gupta was appointed as Additional Director on 24 Dec 2024.
82 earlier events are in the company report.
Frequently asked questions
Pragati Glass & Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 22 September 1981 (45+ years old) and is registered under CIN U26100MH1981PTC200311.
Pragati Glass & Industries has 3 current directors:
- Dinesh Kumar Gupta - Managing Director
- Rajeshbhai Ishvarlal Shah - Whole-Time Director
- Aditi Dinesh Gupta - Additional Director
The latest financial statements of Pragati Glass & 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 2015 are in the company report.
The GSTIN of Pragati Glass & Industries is 27AABCP7377H1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCP7377H1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Pragati Glass & Industries is U26100MH1981PTC200311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Glass & Industries has 72 court cases on record: 21 filed by the company and 51 filed against it. 6 are pending. Most are in the district courts.
Pragati Glass & Industries was incorporated on 22 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Aditi Dinesh Gupta was appointed as Additional Director on 24 Dec 2024. Kavita Dinesh Gupta ceased to be Additional Director on 25 Nov 2021. Ashish Dinesh Gupta ceased to be Director on 01 Apr 2020. Pragati Glass & Industries has 9 board changes on record in total.
Pragati Glass & Industries can be reached through the website pragatiglass.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pragati Glass & Industries is at 301 – 2 – 3 3rd Floor Dev Plaza Opp. Fire Brigade Above Vijay Sales S.V. Road Andheri We, St, Mumbai, Maharashtra, India – 400058.