Pragati Concept Private Limited
About Pragati Concept Private Limited
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Pragati Concept Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 10 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ2003PTC041977.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Brijmohan Ram Saran Varma and Santosh Ramsaran Varma.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at M – 9 Tirupati Plaza Sahara Darwaja Opp Smc Hospital, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.52 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹41,190 (net margin 27.1%) and EBITDA of ₹45,339 (EBITDA margin 29.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pragati Concept Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 9 Tirupati Plaza Sahara Darwaja Opp Smc Hospital, Surat, Gujarat, India – 395002
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Pragati Concept 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 Concept is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Pragati Concept Private Limited, buy the company report.
Financials of Pragati Concept Private Limited
FY 2020 filings availablePragati Concept Private Limited reported revenue of ₹1.52 Lakh (down 47% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 47% fall in the latest year. EBITDA rose 720% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.52 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹45,339 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41,190 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.8% | ||||
| Net Profit Margin | 27.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Pragati Concept Private Limited, buy the company report.
Board of directors of Pragati Concept Private Limited
Pragati Concept has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijmohan Ram Saran Varma Also directs: Pragati Greenlife India Limited | Director | 10 Feb 2003 | 23 Years 9 Months | Current |
| Santosh Ramsaran Varma Also directs: Pragati Greenlife India Limited | Director | 10 Feb 2003 | 23 Years 9 Months | Current |
Peer comparison
Pragati Concept Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rwilson Trading Private Limited | ₹1.52 Lakh (FY 2018) | -84.0% | Lucknow, Uttar Pradesh, India | |||
| Krijas Retail Private Limited | ₹1.52 Lakh (FY 2025) | 59.0% | Palsana, Rajasthan, India | |||
| Shanti Agri-Horti Private Limited | ₹1.52 Lakh (FY 2024) | 3.0% | 24-Pgs-N, West Bengal, India | |||
| Geo Gips Glob Private Limited | ₹1.52 Lakh (FY 2024) | -87.0% | Chennai, Tamil Nadu, India | |||
| Nice Barter Private Limited | ₹1.52 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Pragati Concept Private Limitedthis company | ₹1.52 Lakh (FY 2020) | ₹41,190 | 27.1% | -47.0% | Surat, Gujarat, India | |
| Mow Enterprises Private Limited | ₹1.52 Lakh (FY 2024) | -88.0% | Hyderabad, Telangana, India | |||
| Jagprem Advertising Consultants Private Limited | ₹1.52 Lakh (FY 2024) | 37.0% | Kolkata, West Bengal, India | |||
| Shopperies Retail Private Limited | ₹1.52 Lakh (FY 2021) | 11139.0% | New Delhi, Delhi, India | |||
| Indermal Nirmal Kumar Pvt Ltd | ₹1.52 Lakh (FY 2024) | 73.0% | Kolkata, West Bengal, India | |||
| Edgefrost Systems Private Limited | ₹1.52 Lakh (FY 2018) | Brindavananagar, Bangalore, Karnataka, India |
To see the full peer comparison of Pragati Concept Private Limited, buy the company report.
Auditor
Pragati Concept Private Limited is audited by AgarwalMour&Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AgarwalMour&Associates | FY 2017 | 126209W |
Shareholding
The shareholding of Pragati Concept Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pragati Concept Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pragati Concept Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Concept Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Pragati Concept Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pragati Concept Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Brijmohan Ram Saran Varma was appointed as Director on 10 Feb 2003.
Frequently asked questions
Pragati Concept is an active private limited company based in Surat, Gujarat, India. The company works in retailers, within the trading industry. It was incorporated on 10 February 2003 (23+ years old) and is registered under CIN U51109GJ2003PTC041977.
Pragati Concept has 2 current directors:
- Brijmohan Ram Saran Varma - Director
- Santosh Ramsaran Varma - Director
The latest financial statements of Pragati Concept on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pragati Concept is U51109GJ2003PTC041977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Concept was incorporated on 10 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pragati Concept by revenue are Rwilson Trading Private Limited, Krijas Retail Private Limited, Shanti Agri-Horti Private Limited, Geo Gips Glob Private Limited, Nice Barter Private Limited and 5 more, all in the same principal business activity (retail trading).
Brijmohan Ram Saran Varma was appointed as Director on 10 Feb 2003. Santosh Ramsaran Varma was appointed as Director on 10 Feb 2003.
The registered office of Pragati Concept is at M – 9 Tirupati Plaza Sahara Darwaja Opp Smc Hospital, Surat, Gujarat, India – 395002.
Pragati Concept operates in the trading industry, in the retailers segment.
The compliance status of Pragati Concept is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
Pragati Concept can be reached at its registered office: M – 9 Tirupati Plaza Sahara Darwaja Opp Smc Hospital, Surat, Gujarat, India – 395002.
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