Pragati Electricals Private Limited Company Logo

Pragati Electricals Private Limited - Company Profile

It is a energy and power private limited company based in Thane, Maharashtra, India, established in 1975.

1975 | Thane, Maharashtra, India | Active
Last Updated:

About Pragati Electricals Private Limited

Pragati Electricals Private Limited, a active private limited company, was established on 06 May 1975 in Thane, Maharashtra, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U32109MH1975PTC018322. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.23 Cr.

It upholds a compliant status. Employing 343 professional, Its leadership includes Prashant Gune Prakash (Managing Director), Tanvi Prashant Gune (Director), Aditya Prashant Gune (Director). Past directors included Prashant Gune Prakash, Tanvi Prashant Gune, Aditya Prashant Gune. It holds ₹89.97 Cr open charges and ₹30.30 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No R - 230 Ttcmidc Industrial Area Rabale Navi Mumbai, Thane, Maharashtra, 400701.

Company Details

  • CIN/LLPIN

    U32109MH1975PTC018322

  • Registration Number

    018322

  • Incorporation Date

    06 May 1975

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.23 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.23 Cr
  • Company Age 50 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 89.97 Cr
  • Satisfied Charges ₹ 30.30 Cr
  • Revenue Growth 41.40%
  • Profit Growth 104.16%
  • Ebitda -31.55%
  • Net Worth 14.45%
  • Total Assets 21.82%
Company report

Pragati Electricals Private Limited

Company Report FY 2025-2026

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

Access Report Banner Element

Who are the key members and board of directors at Pragati Electricals Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Prashant Gune PrakashManaging Director10 Oct 1997Current
Tanvi Prashant GuneDirector15 Jan 2024Current
Aditya Prashant GuneDirector01 Mar 2023Current
Prakash Prabhakar GuneDirector06 May 1975Current
Nachiket Prakash GuneDirector27 Jan 2007Current
Cheryl Titus MendesDirector10 Oct 1997Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director01 Apr 2014Past
Pramod AbcsddAdditional Director25 Sep 2024Past
Pramod AbcsddAdditional Director28 Sep 2023Past
Pramod AbcsddManaging Director15 Mar 2019Past
Pramod AbcsddDirector30 Dec 2015Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Pragati Electricals.

Pragati Electricals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.4% increase. The company also saw a substantial improvement in profitability, with a 104.16% increase in profit. The company's net worth Soared by an impressive increase of 14.45%.

Pragati Electricals revenue growth over time
Pragati Electricals profit and loss trends over time
  • 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
41.40%
Revenue from Operations
40.35%
Total Assets
21.82%
Profit or Loss
104.16%
Net Worth
14.45%
EBITDA
-31.55%

What is the Ownership and Shareholding Structure of Pragati Electricals?

In 2023, Pragati Electricals had a promoter holding of 52.50% and a public holding of 47.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹899,725,000.00

Satisfied Charges

₹302,965,802.40

Charges Breakdown by Lending Institutions

  • Others : 48.72 Cr
  • Standard Chartered Bank : 20.75 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 20.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2024The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrOpen
08 Oct 2024The Hongkong And Shanghai Banking Corporation Limited₹5.00 MOpen
26 Aug 2024Others₹2.88 MOpen
13 Aug 2024Others₹6.00 CrOpen
16 Feb 2024Others₹2.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Pragati Electricals?

Pragati Electricals has a workforce of 343 employees as of Apr 09, 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 growth trends for Pragati Electricals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati Electricals, 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 Electricals'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.

Latest Updates, News, and FAQs on Pragati Electricals

Recent Activity within the Organization

  • Annual General Meeting

    The activity Pragati Electricals Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Others of Rs. 27.00 Cr registered on 27 Mar 2018 with Charge ID 100172746 was modified on 01 Sep 2025. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 09 Oct 2024 with Charge ID 100994173 was modified on 29 Jul 2025. was documented.

  • Charges

    A charge registered on 08 Dec 2017 via Charge ID 100146400 with Others was fully satisfied on 28 May 2025. was recorded as a recent event.

  • Balance Sheet

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

  • Charges

    Progress on A charge registered on 15 Jun 2018 via Charge ID 100200229 with Others was fully satisfied on 27 Mar 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Pragati Electricals Private Limited?

    The CIN of Pragati Electricals Private Limited is U32109MH1975PTC018322.

  • Where is Pragati Electricals Private Limited headquartered?

    Pragati Electricals Private Limited is headquartered at Plot No R - 230 Ttcmidc Industrial Area Rabale Navi Mumbai, Thane, Maharashtra, 400701.

  • When was Pragati Electricals Private Limited incorporated?

    Pragati Electricals Private Limited was incorporated on 06 May 1975.

  • Who are the current directors of Pragati Electricals Private Limited?

    The current directors of Pragati Electricals Private Limited are

  • What is the primary industry of Pragati Electricals Private Limited?

    The primary industry of Pragati Electricals Private Limited is Manufacturing.

  • Is Pragati Electricals Private Limited a listed company?

    Pragati Electricals Private Limited is unlisted.

  • What is the capital structure of Pragati Electricals Private Limited?

    The authorized capital of Pragati Electricals Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.23 Cr.

  • What is the compliance status of Pragati Electricals Private Limited?

    The compliance status of Pragati Electricals Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial