About Praga Tools Ltd
Data last updated:
Praga Tools Ltd was a public limited union government company based in Hyderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 28 May 1943.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29150TG1943GOI000622.
The company had an authorised share capital of ₹35 Cr and a paid-up capital of ₹35 Cr. It was led by directors including Vikram Gulati and Amit Sahai.
Its last annual general meeting (AGM) was held on 27 September 2007, and its latest financial statements are for the year ended 31 March 2007. The registered office was at 60 – 010 Cie Gandhi Nagar, Hyderabad, Telangana, India – 500037.
As per MCA filings, the company has open charges of ₹57.85 Cr on record. Court records list 215 cases involving the company, including 76 filed by the company and 140 filed against it; 36 cases are pending.
The last known website on record is pragatools.org.
Company details
CIN history
Praga Tools has one previous CIN (Corporate Identification Number): U29150AP1943GOI000622. The current CIN is U29150TG1943GOI000622, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29150TG1943GOI000622 | Current |
| U29150AP1943GOI000622 | Previous |
Contact details
Praga Tools Ltd's registered office is in Hyderabad, Telangana.
- Registered Address60 – 010 Cie Gandhi Nagar, Hyderabad, Telangana, India – 500037
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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
Financials of Praga Tools Ltd
FY 2007 filings availableFinancial Statement Summary
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Financial Ratios
| Metrics | FY 2006-07 |
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To see the full financial statements and ratios of Praga Tools Ltd, buy the company report.
Board of directors of Praga Tools Ltd
Praga Tools has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Hemachandra Babu | Additional Director | 08 Oct 2007 | 19 Years 0 Months | As last reported |
| Bipin Bihari Singh Also directs: Unident Healthcare LLP, Ceekay Estates Private Limited | Nominee Director | 27 Apr 2007 | 19 Years 6 Months | As last reported |
| Satish Kumar Kampasi | Additional Director | 08 Oct 2007 | 19 Years 0 Months | As last reported |
| Anil Vishwanath Kamat | Nominee Director | 01 Feb 2007 | 19 Years 9 Months | As last reported |
| Vikram Gulati | Director | 05 Dec 2007 | 18 Years 10 Months | As last reported |
| Amit Sahai | Director | 19 Mar 2008 | 18 Years 7 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 1993 | 90123691 | State Bank of Hyderabad | ₹7.2 Cr | Open | |
| 26 Mar 1993 | 90123665 | State Bank of Hyderabad | ₹34.05 Cr | Open | |
| 15 Oct 1990 | 90124683 | The President of India | ₹90 Lakh | Open | |
| 27 Feb 1990 | 90123546 | State Bank of Hyderabad | ₹12.5 Cr | Open | |
| 15 Nov 1989 | 90124680 | The President of India | ₹95 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Praga Tools Ltd has 215 court cases on record: 76 filed by Praga Tools, 140 filed against it. 36 cases are pending and 179 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 207 | 136 | 36 |
| District courts | 5 | 3 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 215)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by Employees State Insurance Corporation | Disposed |
| District court, Pune, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Ispat Profiles India Ltd. Anr. | Disposed |
| High Court for State of Telangana | Appeal | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Appeal | Filed by the company | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Praga Tools Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praga Tools Ltd; 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 Praga Tools Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Praga Tools Ltd has 11 board changes on record since 2006: 7 appointments and 4 cessations. The latest: Amit Sahai was appointed as Director on 19 Mar 2008.
8 earlier events are in the company report.
Frequently asked questions
Praga Tools has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Praga Tools was a public limited union government company based in Hyderabad, Telangana, India. The company worked in industrial machine tools, within the machinery and equipment industry. It was incorporated on 28 May 1943 and is registered under CIN U29150TG1943GOI000622. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Praga Tools is U29150TG1943GOI000622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praga Tools had 7 directors:
- Venkatesh Hemachandra Babu - Additional Director
- Bipin Bihari Singh - Nominee Director
- Satish Kumar Kampasi - Additional Director
- Anil Vishwanath Kamat - Nominee Director
- Vikram Gulati - Director
- Amit Sahai - Director
- Prabhakar Yemmanurvenkatagiri - Manager
Praga Tools was incorporated on 28 May 1943. It is registered with the Registrar of Companies, Hyderabad.
Praga Tools can be reached through the website pragatools.org. Its registered office is in Hyderabad, Telangana, India.
The registered office of Praga Tools is at 60 – 010 Cie Gandhi Nagar, Hyderabad, Telangana, India – 500037.
The latest financial statements of Praga Tools on record with the MCA are for the year ended 31 March 2007. Its last annual general meeting was held on 27 September 2007. Year-wise statements from 2015 are in the company report.
Praga Tools operated in the machinery and equipment industry, in the industrial machine tools segment.
Praga Tools has 215 court cases on record: 76 filed by the company and 140 filed against it. 36 are pending. Most are in the high courts.
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