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
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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 Ii. 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 ₹98.23 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.23 Cr
  • Company Age 51 Year, 6 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 98.23 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 2026-2027

Comprehensive Company Insights

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.

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Who are the key members and board of directors at Pragati Electricals Private Limited?
Current Directors
Name Designation Appointment Date Status
Prashant Gune Prakash Managing Director 10 Oct 1997 Current
Tanvi Prashant Gune Director 15 Jan 2024 Current
Aditya Prashant Gune Director 01 Mar 2023 Current
Prakash Prabhakar Gune Director 06 May 1975 Current
Nachiket Prakash Gune Director 27 Jan 2007 Current
Cheryl Titus Mendes Director 10 Oct 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 01 Apr 2014 Past
Pramod Abcsdd Additional Director 25 Sep 2024 Past
Pramod Abcsdd Additional Director 28 Sep 2023 Past
Pramod Abcsdd Managing Director 15 Mar 2019 Past
Pramod Abcsdd Director 30 Dec 2015 Past

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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
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
********
 41.40%
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*******
*******
*******
Revenue from Operations
*******
 40.35%
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*******
*******
Total Assets
*******
 21.82%
*******
*******
*******
*******
Profit or Loss
*******
 104.16%
*******
*******
*******
*******
Net Worth
*******
 14.45%
*******
*******
*******
*******
EBITDA
*******
 -31.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pragati Electricals?

In 2025, Pragati Electricals had a promoter holding of 79.81% and a public holding of 58.19%. The company had 1 Subsidiary. 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

₹982,275,000.00

Satisfied Charges

₹302,965,802.40

Charges Breakdown by Lending Institutions
  • Others : 49.13 Cr
  • Standard Chartered Bank : 28.60 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 20.50 Cr
Latest Charge Details
Date Lender Amount Status
03 Feb 2026 Others ₹2.60 M Open
16 Dec 2025 Others ₹1.45 M Open
09 Oct 2024 The Hongkong And Shanghai Banking Corporation Limited ₹20.00 Cr Open
08 Oct 2024 The Hongkong And Shanghai Banking Corporation Limited ₹5.00 M Open
26 Aug 2024 Others ₹2.88 M Open

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How Many Employees Work at Pragati Electricals?

Pragati Electricals has a workforce of 343 employees as of Sep 24, 2025. 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 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 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.

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Latest Updates, News, and FAQs on Pragati Electricals
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 0.26 Cr with Charge ID 101242917 was registered on 03 Feb 2026. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101213141 was registered on 16 Dec 2025. was documented.

  • Charges

    A charge with Standard Chartered Bank of Rs. 15.00 Cr registered on 31 Aug 2018 with Charge ID 100217132 was modified on 29 Nov 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Standard Chartered Bank of Rs. 1.10 Cr registered on 28 Aug 2018 with Charge ID 100217131 was modified on 29 Nov 2025. was completed.

  • 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

    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 recorded as a recent event.

Explore recent activity and updates - View Recent Activity

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.

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