- Category
- Small (2021-22)
- Udyam number
- UDYAM-UP-43-0013171

Pragati Composite Solutions Private Limited
About Pragati Composite Solutions Private Limited
Data last updated:
Pragati Composite Solutions Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 11 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U20296UP2013PTC054596. Its GSTIN is 09AAGCR5937A1ZD (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.33 Cr. It was formerly known as Red Ply Industries Private Limited. It is led by directors including Mohd Saleem Khan and Amitkumar Omprakash Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 105/591 Haleem Muslim College Road Anwar Ganj Chamanganj, Kanpur, Uttar Pradesh, India – 208003.
As per the financials filed for FY 2019, the company reported a revenue of ₹17.04 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Lakh (net margin 0.2%) and EBITDA of ₹69.09 Lakh (EBITDA margin 4.1%).
As per MCA filings, the company has open charges of ₹4.71 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Pragati Composite Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0013171). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Pragati Composite Solutions
Contact details
Pragati Composite Solutions Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address105/591 Haleem Muslim College Road Anwar Ganj Chamanganj, Kanpur, Uttar Pradesh, India – 208003
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Pragati Composite Solutions 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 activity of Pragati Composite Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pragati Composite Solutions Private Limited, buy the company report.
Financials of Pragati Composite Solutions Private Limited
FY 2019 filings availablePragati Composite Solutions Private Limited reported revenue of ₹17.04 Cr (up 12% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.04 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.96 Lakh | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Composite Solutions Private Limited, buy the company report.
Board of directors of Pragati Composite Solutions Private Limited
Pragati Composite Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Saleem Khan | Director | 25 Feb 2016 | 10 Years 8 Months | Current |
| Amitkumar Omprakash Sharma Also directs: Greencon Industries Private Limited | Director | 08 Oct 2016 | 10 Years 0 Months | Current |
| Mohd Shoeb Khan Also directs: K. F. Plyarts Private Limited | Director | 25 Feb 2016 | 10 Years 8 Months | Current |
| Mohd Shakeel Khan | Director | 25 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Pragati Composite Solutions Private Limited is audited by J BAJPAI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J BAJPAI & CO | FY 2019 | 010905C |
Shareholding
The shareholding of Pragati Composite Solutions Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pragati Composite Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100022134 | Indian Bank | ₹4.71 Cr | Open |
To see the full charge records of Pragati Composite Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Pragati Composite Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by United Petro Finance Ltd | Disposed |
To see the full case history of Pragati Composite Solutions 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
No delayed payments to MSME suppliers are on our record for Pragati Composite Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pragati Composite Solutions has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Pragati Composite Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCR5937A1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragati Composite Solutions Private Limited, buy the company report.
Recent activity
Pragati Composite Solutions Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Mohd Arif Khan ceased to be Director on 10 Aug 2020.
1 earlier event is in the company report.
Frequently asked questions
Pragati Composite Solutions is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 11 January 2013 (13+ years old) and is registered under CIN U20296UP2013PTC054596.
Pragati Composite Solutions has 4 current directors:
- Mohd Saleem Khan - Director
- Amitkumar Omprakash Sharma - Director
- Mohd Shoeb Khan - Director
- Mohd Shakeel Khan - Director
The latest financial statements of Pragati Composite Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragati Composite Solutions is 09AAGCR5937A1ZD, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pragati Composite Solutions is U20296UP2013PTC054596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Composite Solutions has 1 court case on record: 1 filed against it.
Pragati Composite Solutions was incorporated on 11 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Mohd Arif Khan ceased to be Director on 10 Aug 2020. Amitkumar Omprakash Sharma was appointed as Director on 08 Oct 2016. Farah Khan ceased to be Director on 25 Feb 2016. Pragati Composite Solutions has 8 board changes on record in total.
Yes, Pragati Composite Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-UP-43-0013171).
The registered office of Pragati Composite Solutions is at 105591 Haleem Muslim College Road Anwar Ganj Chamanganj, Kanpur, Uttar Pradesh, India – 208003.