About Pragati Accessories Private Limited
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Pragati Accessories Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 18 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1983PTC015754. Its GSTIN is 09AAACP1201B1ZA (Uttar Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Meenu Wadhwa and Ramesh Wadhwa.
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 A – 435 Basement Defence Colony, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.19 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 5%) and EBITDA of ₹3.12 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 7% over five years.
The company has about 155 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.38 Cr and satisfied charges of ₹29.5 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is 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 theutilityproducts.in.
Company details
Contact details
Pragati Accessories Private Limited's registered office is in New Delhi, Delhi. Its website is theutilityproducts.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 435 Basement Defence Colony, New Delhi, Delhi, India – 110024
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Pragati Accessories 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 activities of Pragati Accessories are manufacturing, trade and construction. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, wholesale trading and buildings. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading | |
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Pragati Accessories Private Limited, buy the company report.
Financials of Pragati Accessories Private Limited
FY 2024 filings availablePragati Accessories Private Limited reported revenue of ₹34.19 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 29% growth in the latest year. EBITDA rose 68% 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 | FY 2019-20 |
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| EBITDA | ₹3.12 Cr | ||||
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| Net Profit (PAT) | ₹1.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Pragati Accessories Private Limited, buy the company report.
Board of directors of Pragati Accessories Private Limited
Pragati Accessories has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenu Wadhwa | Director | 16 Aug 1988 | 38 Years 2 Months | Current |
| Ramesh Wadhwa Also directs: M.R. Utility Products Private Limited | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Namit Wadhwa | Director | 01 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Pragati Accessories Private Limited is audited by RAVI RAMESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI RAMESH & ASSOCIATES | FY 2023 | 004306N |
Shareholding
The shareholding of Pragati Accessories 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 Accessories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2025 | 101179378 | Canara Bank | ₹10 Lakh | Open | |
| 13 Oct 2025 | 101179333 | Canara Bank | ₹10 Lakh | Open | |
| 29 Oct 2024 | 101005011 | Canara Bank | ₹47.34 Lakh | Open | |
| 28 May 2014 | 10501624 | Canara Bank | ₹1.71 Cr | Open | |
| 19 Mar 1997 | 90041880 | Oriental Bank of Commerce | ₹29.5 Lakh | Satisfied |
To see the full charge records of Pragati Accessories Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Pragati Accessories Private Limited has 4 court cases on record: 4 filed by Pragati Accessories. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against Magni Engineers Private Ltd and 5 others | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Magni Engineers Private Limited and 6 others | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Magnetic Marketing P Ltd Etc and 2 others | Disposed |
| District court, South East, Delhi | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Pragati Accessories 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.
MSME payment delays
Pragati Accessories Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 35 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alpna Varnishing Company Private Limited | |||
| Nepz Pack Industries Private Limited | |||
| an individual supplier | |||
| Diwan Mundhra Bros. Private Limited | |||
| Spinks Inida |
To see the full MSME payment records of Pragati Accessories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pragati Accessories Private Limited has a workforce of 155 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Pragati Accessories has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP1201B1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 06AAACP1201B2ZF | Haryana | Active | 19 Apr 2021 |
To see the full GST registrations and return filing status of Pragati Accessories Private Limited, buy the company report.
Recent activity
Pragati Accessories Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Ramesh Wadhwa was appointed as Director on 01 Nov 2019.
2 earlier events are in the company report.
Frequently asked questions
Pragati Accessories is an active private limited company based in New Delhi, Delhi, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 18 May 1983 (43+ years old) and is registered under CIN U74899DL1983PTC015754.
Pragati Accessories has 3 current directors:
- Meenu Wadhwa - Director
- Ramesh Wadhwa - Director
- Namit Wadhwa - Director
The latest financial statements of Pragati Accessories 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 Accessories is 09AAACP1201B1ZA, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACP1201B2ZF (Haryana).
The CIN (Corporate Identification Number) of Pragati Accessories is U74899DL1983PTC015754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Accessories has 4 court cases on record: 4 filed by the company. 1 is pending.
Pragati Accessories was incorporated on 18 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
Ramesh Wadhwa was appointed as Director on 01 Nov 2019. Ramesh Wadhwa ceased to be Additional Director on 30 Jun 2015. Namit Wadhwa was appointed as Director on 01 Mar 2012. Pragati Accessories has 4 board changes on record in total.
Pragati Accessories has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 35 overdue payments to 10 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Pragati Accessories can be reached through the website theutilityproducts.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Pragati Accessories is at A – 435 Basement Defence Colony, New Delhi, Delhi, India – 110024.
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