Pragati Automation Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 2001.
2001 Bangalore, Karnataka, India Active
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About Pragati Automation Private Limited

Pragati Automation Private Limited, a active private limited company, was established on 05 July 2001 in Bangalore, Karnataka, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: U29199KA2001PTC029247. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹9.93 Cr.

It upholds a compliant status. Employing 294 professional, Its leadership includes Anand Harihar Vasanth (Nominee Director), Sulabha Suresh Kulkarni (Director), Atul Suresh Bhirangi (Managing Director). Past directors included Ashok Sathe Viswanath, Deepak Hanumant Joglekar, Ajit Ramachandra Kunte. It holds ₹182.39 Cr open charges and ₹55.27 Cr settled loans. Its latest AGM occurred on 09 September 2025, with the balance sheet filed on 31 March 2025. It is based at No, 413,Ivth Phase,11Thcross Peenya Industrial Area, Bangalore, Bangalore, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29199KA2001PTC029247

  • Registration Number

    029247

  • Incorporation Date

    05 July 2001

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹9.93 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.93 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 182.39 Cr
  • Satisfied Charges ₹ 55.27 Cr
  • Revenue Growth **** 60.72%
  • Profit Growth **** 358.32%
  • Ebitda **** 122.52%
  • Net Worth 11.50%
  • Total Assets **** 11.92%
Company report

Pragati Automation Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pragati Automation Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Pragati Automation Private Limited?
Current Directors
Name Designation Appointment Date Status
Anand Harihar Vasanth Nominee Director 19 Oct 2019 Current
Sulabha Suresh Kulkarni Director 05 Jul 2001 Current
Atul Suresh Bhirangi Managing Director 24 Dec 2003 Current
Deepak Hanumant Joglekar Whole-Time Director 30 Mar 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Dec 2020 Past
Pramod Abcsdd Director 18 Sep 2019 Past
Pramod Abcsdd Director 18 Sep 2019 Past

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Financial Performance of Pragati Automation.

Pragati Automation Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.72% increase. The company also saw a substantial improvement in profitability, with a 358.32% increase in profit. The company's net worth Soared by an impressive increase of 11.5%.

Pragati Automation revenue growth over time
Pragati Automation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 60.72%
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Revenue from Operations
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 62.49%
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*******
Total Assets
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 11.92%
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*******
*******
*******
Profit or Loss
*******
 358.32%
*******
*******
*******
*******
Net Worth
*******
 11.50%
*******
*******
*******
*******
EBITDA
*******
 122.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pragati Automation?

In 2022, Pragati Automation had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,823,900,000.00

Satisfied Charges

₹552,654,000.00

Charges Breakdown by Lending Institutions
  • Others : 166.39 Cr
  • Tata Capital Financial Services Limited : 16.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2021 Others ₹14.30 Cr Open
27 Sep 2021 Others ₹15.00 Cr Open
27 Sep 2021 Others ₹55.00 Cr Open
11 Mar 2019 Tata Capital Financial Services Limited ₹16.00 Cr Open
27 Mar 2007 Others ₹82.09 Cr Open

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How Many Employees Work at Pragati Automation?

Pragati Automation has a workforce of 294 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati Automation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pragati Automation's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Pragati Automation
Recent Activity within the Organization
  • Annual General Meeting

    Pragati Automation Private Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Pragati Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge with Others of Rs. 55.00 Cr registered on 27 Sep 2021 with Charge ID 100493057 was modified on 20 Jan 2025. was documented.

  • Charges

    A charge registered on 27 Aug 2019 via Charge ID 100290285 with Others was fully satisfied on 06 Jul 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 14.30 Cr registered on 30 Oct 2021 with Charge ID 100496138 was modified on 08 Feb 2024. was completed.

  • Charges

    The activity A charge with Others of Rs. 82.09 Cr registered on 27 Mar 2007 with Charge ID 10048191 was modified on 08 Feb 2024. was completed.

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Frequently Asked Questions
What is the CIN of Pragati Automation Private Limited?

The CIN of Pragati Automation Private Limited is U29199KA2001PTC029247.

Where is Pragati Automation Private Limited headquartered?

Pragati Automation Private Limited is headquartered at No, 413,Ivth Phase,11Thcross Peenya Industrial Area, Bangalore, Bangalore, Karnataka, 560058.

When was Pragati Automation Private Limited incorporated?

Pragati Automation Private Limited was incorporated on 05 July 2001.

Who are the current directors of Pragati Automation Private Limited?

The current directors of Pragati Automation Private Limited are

What is the primary industry of Pragati Automation Private Limited?

The primary industry of Pragati Automation Private Limited is Manufacturing.

Is Pragati Automation Private Limited a listed company?

Pragati Automation Private Limited is unlisted.

What is the capital structure of Pragati Automation Private Limited?

The authorized capital of Pragati Automation Private Limited is ₹12.00 Cr, and the paid-up capital is ₹9.93 Cr.

What is the compliance status of Pragati Automation Private Limited?

The compliance status of Pragati Automation Private Limited is Compliant.

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