MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0067780
Pragathi Medical Systems Private Limited
Pragathi Medical Systems Private Limited - healthcare in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹11.89 Lakh
▼ 23% YoY
Net profit · FY 2025
₹33,170
Net margin 2.8%
EBITDA · FY 2025
₹1.64 Lakh
EBITDA margin 13.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Pragathi Medical Systems Private Limited
Data last updated:
Pragathi Medical Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the orthopedic appliances segment of the healthcare sector. It was incorporated on 14 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA2020PTC139763.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Muthu Shamu and Kanakaraj Parimala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 80/18 Ground Floor Industrial Suburb Ashokpuram Yeshwanthpur, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.89 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹33,170 (net margin 2.8%) and EBITDA of ₹1.64 Lakh (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
As per MCA filings, the company has open charges of ₹5 Lakh on record.
Pragathi Medical Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0067780).
Company details
CIN U33110KA2020PTC139763
Registration Number 139763
Incorporation Date 14 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0067780
Key People
Muthu Shamu Director Kanakaraj Parimala Director Recognitions & Rankings of Pragathi Medical Systems
Contact details
Pragathi Medical Systems Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 80/18 Ground Floor Industrial Suburb Ashokpuram Yeshwanthpur, Bangalore, Karnataka, India – 560022
- IndustryHealthcare, Orthopedic Appliances, Manufacturing, Medical & Surgical Equipment, Medical Appliances And Instruments
Comprehensive company report
Pragathi Medical Systems Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Pragathi Medical Systems is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Pragathi Medical Systems Private Limited, buy the company report.
Financials of Pragathi Medical Systems Private Limited
FY 2025 filings availablePragathi Medical Systems Private Limited reported revenue of ₹11.89 Lakh (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹11.89 Lakh ▼ 23%
Net profit · FY 2025
₹33,170 margin 2.8%
EBITDA · FY 2025
₹1.64 Lakh margin 13.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 28%
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 23% fall in the latest year. EBITDA fell 7% 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 | ₹1.64 Lakh | ||||
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| Net Profit (PAT) | ₹33,170 | ||||
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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 | 13.8% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pragathi Medical Systems Private Limited, buy the company report.
Board of directors of Pragathi Medical Systems Private Limited
Pragathi Medical Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthu Shamu | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
| Kanakaraj Parimala | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2022 | 100578255 | Canara Bank | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Pragathi Medical Systems 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 Pragathi Medical Systems Private Limited; 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 Pragathi Medical Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pragathi Medical Systems Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Kanakaraj Parimala was appointed as Director on 14 Oct 2020.
AGM
Pragathi Medical Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pragathi Medical Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 5.00 Lakh with Charge ID 100578255 was registered on 24 May 2022.
Appointed
Kanakaraj Parimala was appointed as Director.
Appointed
Muthu Shamu was appointed as Director.
Incorporation
14 Oct 2020
Pragathi Medical Systems Private Limited was registered on 14 Oct 2020 with Roc Bangalore & aged 6 years 22 days as per MCA records.
Frequently asked questions
Pragathi Medical Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in orthopedic appliances, within the healthcare industry. It was incorporated on 14 October 2020 (6+ years old) and is registered under CIN U33110KA2020PTC139763.
Pragathi Medical Systems has 2 current directors:
- Muthu Shamu - Director
- Kanakaraj Parimala - Director
The latest financial statements of Pragathi Medical Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Pragathi Medical Systems is U33110KA2020PTC139763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragathi Medical Systems was incorporated on 14 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Kanakaraj Parimala was appointed as Director on 14 Oct 2020. Muthu Shamu was appointed as Director on 14 Oct 2020.
Yes, Pragathi Medical Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0067780).
The registered office of Pragathi Medical Systems is at No 8018 Ground Floor Industrial Suburb Ashokpuram Yeshwanthpur, Bangalore, Karnataka, India – 560022.
Pragathi Medical Systems operates in the healthcare industry, in the orthopedic appliances segment.
Pragathi Medical Systems has open charges of ₹5 Lakh and no satisfied charges on record as per latest MCA filings.
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