Pragati Alco-Chem Private Limited

Pragati Alco-Chem Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24119GJ2002PTC040628 Incorporated 15 April 2002 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company chemicals and materials
Data last updated
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹19.92 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2016
Balance sheet date
Last AGM
30 Sep 2016
Annual general meeting

About Pragati Alco-Chem Private Limited

Data last updated:

Pragati Alco-Chem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 15 April 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ2002PTC040628. Its GSTIN is 24AAACD5490L1ZI (Gujarat).

The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Nimesh Rasikbhai Patel and Satish Dolatrai Desai.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 7 Shakuntal Complex Opp – C Nvidyalaya Ambawadi, Ahmedabad, Gujarat, India – 380015.

As per MCA filings, the company has open charges of ₹19.92 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U24119GJ2002PTC040628
Registration Number 040628
Incorporation Date 15 April 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Contact details

Pragati Alco-Chem Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    7 Shakuntal Complex Opp – C Nvidyalaya Ambawadi, Ahmedabad, Gujarat, India – 380015
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Pragati Alco-Chem Private Limited, buy the company report.

Comprehensive company report
Pragati Alco-Chem 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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Financials of Pragati Alco-Chem Private Limited

FY 2016 filings available

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Pragati Alco-Chem Private Limited, buy the company report.

Board of directors of Pragati Alco-Chem Private Limited

Pragati Alco-Chem has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nimesh Rasikbhai PatelDirector22 Jul 20206 Years 3 MonthsCurrent
Satish Dolatrai DesaiDirector19 Nov 201312 Years 11 MonthsCurrent

Auditor

Pragati Alco-Chem Private Limited is audited by NAIK VAYWALA & ASSOCIATES for the financial year 2016.

Auditor firmFinancial yearFirm registration number
NAIK VAYWALA & ASSOCIATESFY 2016114350W

Shareholding

The shareholding of Pragati Alco-Chem Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pragati Alco-Chem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.92 Cr
Satisfied charges
None
Breakdown by lending institutions
City Co. Op. Bank Ltd.₹19.92 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Aug 200290104172City Co. Op. Bank Ltd.₹9.96 CrOpen
30 Aug 200290106653City Co. Op. Bank Ltd.₹9.96 CrOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pragati Alco-Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pragati Alco-Chem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACD5490L1ZIGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Pragati Alco-Chem Private Limited, buy the company report.

Recent activity

Pragati Alco-Chem Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Nimesh Rasikbhai Patel was appointed as Director on 22 Jul 2020.

Appointed
Nimesh Rasikbhai Patel was appointed as Director.
Ceased
Sanjaykumar Thakorbhai Naik ceased to be Director.
AGM
Pragati Alco-Chem Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Pragati Alco-Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.
Ceased
Kulabkar Sunil Baburao ceased to be Director.
Appointed
Satish Dolatrai Desai was appointed as Director.
Ceased
Sharadchandra Manubhai Desai ceased to be Director.
Charges
A charge with City Co. Op. Bank Ltd. amounted to Rs. 996.00 Lakh with Charge ID 90104172 was registered on 31 Aug 2002.
Charges
A charge with City Co. Op. Bank Ltd. amounted to Rs. 996.00 Lakh with Charge ID 90106653 was registered on 30 Aug 2002.
Incorporation
15 Apr 2002
Pragati Alco-Chem Private Limited was registered on 15 Apr 2002 with Roc Ahmedabad & aged 24 years 6 months as per MCA records.

Frequently asked questions

Pragati Alco-Chem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 15 April 2002 (24+ years old) and is registered under CIN U24119GJ2002PTC040628.

Pragati Alco-Chem has 2 current directors:

The latest financial statements of Pragati Alco-Chem on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

The GSTIN of Pragati Alco-Chem is 24AAACD5490L1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of Pragati Alco-Chem is U24119GJ2002PTC040628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pragati Alco-Chem has 5 court cases on record: 5 filed against it. Most are in the district courts.

Pragati Alco-Chem was incorporated on 15 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nimesh Rasikbhai Patel was appointed as Director on 22 Jul 2020. Sanjaykumar Thakorbhai Naik ceased to be Director on 22 Jul 2020. Kulabkar Sunil Baburao ceased to be Director on 19 Nov 2013. Pragati Alco-Chem has 5 board changes on record in total.

The registered office of Pragati Alco-Chem is at 7 Shakuntal Complex Opp – C Nvidyalaya Ambawadi, Ahmedabad, Gujarat, India – 380015.

Pragati Alco-Chem operates in the chemicals and materials industry, in the industrial chemicals segment.