About
Basic Data Updated:
1 month agoFounded in 2001, Pragati Automation Private Limited is a leading manufacturer and exporter of machine tool accessories. Its wide range of products includes tool turrets, automatic tool changers, tool discs, and tool holders, as well as power-chucking cylinders. With three state-of-the-art manufacturing plants in India, two of which are located in Bangalore and one in Ichalkarnji, PAPL has established itself as a trusted name in the industry. The company is based in Bangalore, Karnataka and is dedicated to providing high-quality and innovative solutions to its customers. Its commitment to excellence and customer satisfaction has made it a preferred choice for machine tool accessories worldwide.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U29199KA2001PTC029247 |
| Company No. | 029247 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 05 Jul 2001 |
| Date of AGM | 08 Sep 2022 |
| Date of Balance Sheet | 31 Mar 2022 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Products or Services related to Pragati Automation Private Limited
VMC Cutting Tools
Turrets
Power Chucks
Tool Holders
Financials of Pragati Automation Private Limited
Pragati Automation Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.68% decrease. The company also saw a substantial improvement in profitability, with a 208.37% increase in profit. The company's net worth moved up by a moderate rise of 2.57%.
Corporate Structure
Unlock access to Pragati Automation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Pragati Automation Private Limited
Unlock and access historical data on people associated with Pragati Automation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
AB
Atul Bhirangi
Managing DirectorAppointment Date: 24-Dec-2003
Status: Current
SH
Shashidhar Hiremath Company SecretaryAppointment Date: 23-May-2019
Status: Current
Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Oct 2021 | ₹14.60 Cr | Open |
Others Creation Date: 27 Sep 2021 | ₹15.00 Cr | Open |
Others Creation Date: 27 Sep 2021 | ₹35.00 Cr | Open |
Deals i
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
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.
Alert
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.
Related Corporates (Common Directorship)
Pragati Control Systems Private Limited
Active
12 years 8 months Deepak Joglekar and Atul Bhirangi are mutual person
Pragati Engineering Belgaum Private Limited
Active 35 years 11 months Sulabha Kulkarni, Deepak Joglekar and 1 more are mutual person
Technovision Auto Components Private Limited
Active 17 years 6 months Sulabha Kulkarni is a mutual person
Recent activity within the organization
Charges
A charge with Others of Rs. 82.09 cr registered on 27 Mar 2007 with Charge ID 10048191 was modified on 17 Apr 2023.
17 Apr 2023Annual General Meeting
Pragati Automation Private Limited last Annual general meeting of members was held on 08 Sep 2022 as per latest MCA records.
08 Sep 2022Balance Sheet
Pragati Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
31 Mar 2022Director Appointment
Deepak Hanumant Joglekar was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 2 years 2 months .
30 Mar 2022Charges
A charge with Others amounted to Rs. 14.60 cr with Charge ID 100496138 was registered on 30 Oct 2021.
30 Oct 2021
Frequently asked questions
What is the Incorporation or founding date of Pragati Automation Private Limited?
