Pragati Chemicals Limited - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1979.
1979 Mumbai, Maharashtra, India Amalgamated
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About Pragati Chemicals Limited

Pragati Chemicals Limited, a amalgamated public limited company, was established on 18 April 1979 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the chemicals and materials sector, it holds CIN: U24110MH1979PLC031289. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.60 M.

It upholds a compliant status. Employing 32 professional, Its leadership includes Amar Arvind Vakil (Director), Rupen Ashwin Choksi (Director), Jalaj Ashwin Dani (Director). Past directors included Dhiren Purushottamdas Mehta, Hasit Ashwin Dani, Mahendra Chimanlal Choksi. It holds no open charges and ₹3.80 Cr settled loans. Its latest AGM occurred on 14 August 2019, with the balance sheet filed on 31 March 2019. It is based at Plot No.A-8, Marol Industrial Estate Of Midc, Cross Road B, Street No. 5, Andheri (Eas, T), Mumbai, Maharashtra, 400093.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24110MH1979PLC031289

  • Registration Number

    031289

  • Incorporation Date

    18 April 1979

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.60 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.60 M
  • Company Age 46 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 3.80 Cr
  • Revenue Growth **** 6.60%
  • Profit Growth **** 0.08%
  • Ebitda **** -1.27%
  • Net Worth 5.83%
  • Total Assets **** 1.64%
Company report

Pragati Chemicals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pragati Chemicals 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 Chemicals Limited?
Current Directors
Name Designation Appointment Date Status
Amar Arvind Vakil Director 18 Apr 1979 Current
Rupen Ashwin Choksi Director 04 May 2006 Current
Jalaj Ashwin Dani Director 26 Jul 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Jan 2010 Past
Pramod Abcsdd Director 29 May 2012 Past
Pramod Abcsdd Director 30 Jan 2008 Past
Pramod Abcsdd Director 29 Jul 2014 Past
Pramod Abcsdd Additional Director 04 Sep 2013 Past

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Financial Performance of Pragati Chemicals.

Pragati Chemicals Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 6.6% increase. The company also saw a slight improvement in profitability, with a 0.08% increase in profit. The company's net worth moved up by a moderate rise of 5.83%.

Pragati Chemicals revenue growth over time
Pragati Chemicals 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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 6.60%
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Revenue from Operations
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 6.93%
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*******
Total Assets
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 1.64%
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*******
Profit or Loss
*******
 0.08%
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*******
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*******
Net Worth
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 5.83%
*******
*******
*******
*******
EBITDA
*******
 -1.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pragati Chemicals?

In 2018, Pragati Chemicals had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹37,950,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 2.25 Cr
  • Gujarat Industrial Investment Corporation Limited : 1.00 Cr
  • The Hongkong And Shanghai Banking Corporation : 0.30 Cr
  • The Hongkong And Shangahi Banking Corporation : 0.25 Cr
Latest Charge Details
Date Lender Amount Status
18 Jan 2008 State Bank Of India ₹2.10 Cr Satisfied
27 Oct 1997 Gujarat Industrial Investment Corporation Limited ₹1.00 Cr Satisfied
11 Oct 1996 State Bank Of India ₹1.45 M Satisfied
12 Feb 1986 The Hongkong And Shanghai Banking Corporation ₹3.00 M Satisfied
19 Jul 1985 The Hongkong And Shangahi Banking Corporation ₹2.50 M Satisfied

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How Many Employees Work at Pragati Chemicals?

Unlock and access historical data on people associated with Pragati Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Chemicals, 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 Chemicals'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 Chemicals
Recent Activity within the Organization
  • Annual General Meeting

    The activity Pragati Chemicals Limited last Annual general meeting of members was held on 14 Aug 2019 as per latest MCA records. was completed.

  • Balance Sheet

    Pragati Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge registered on 11 Oct 1996 via Charge ID 90163443 with State Bank Of India was fully satisfied on 27 May 2014. was recorded as a recent event.

  • Charges

    The activity A charge registered on 18 Jan 2008 via Charge ID 10091673 with State Bank Of India was fully satisfied on 01 Mar 2013. was completed.

  • Director Appointment

    Progress on Jalaj Ashwin Dani was appointed as a Director was appointed as a Director on 26 Jul 2012 & has been associated with this company since 13 years 7 months . was documented.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 2.10 Cr with Charge ID 10091673 was registered on 18 Jan 2008. was completed.

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Frequently Asked Questions
What is the CIN of Pragati Chemicals Limited?

The CIN of Pragati Chemicals Limited is U24110MH1979PLC031289.

Where is Pragati Chemicals Limited headquartered?

Pragati Chemicals Limited is headquartered at Plot No.A-8, Marol Industrial Estate Of Midc, Cross Road B, Street No. 5, Andheri (Eas, T), Mumbai, Maharashtra, 400093.

When was Pragati Chemicals Limited incorporated?

Pragati Chemicals Limited was incorporated on 18 April 1979.

Who are the current directors of Pragati Chemicals Limited?

The current directors of Pragati Chemicals Limited are

What is the primary industry of Pragati Chemicals Limited?

The primary industry of Pragati Chemicals Limited is Chemicals And Materials.

Is Pragati Chemicals Limited a listed company?

Pragati Chemicals Limited is unlisted.

What is the capital structure of Pragati Chemicals Limited?

The authorized capital of Pragati Chemicals Limited is ₹1.00 Cr, and the paid-up capital is ₹3.60 M.

What is the compliance status of Pragati Chemicals Limited?

The compliance status of Pragati Chemicals Limited is Compliant.

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