Pragati Engineering Belgaum Private Limited - Company Profile

It is a machinery and equipment private limited company based in Belgaum, Karnataka, India, established in 1988.
1988 Belgaum, Karnataka, India Active
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About Pragati Engineering Belgaum Private Limited

Pragati Engineering Belgaum Private Limited, a active private limited company, was established on 16 June 1988 in Belgaum, Karnataka, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: U03110KA1988PTC009204. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.39 Cr.

Formerly known as P.N.B. Engineers Pvt Ltd, Pnb Engineers Private Limited. It upholds a compliant status. Employing 104 professional, Its leadership includes Sudhir Ramachandra Bhirangi (Director), Sulabha Suresh Kulkarni (Director), Suresh Ramchandra Bhirangi (Whole-Time Director). Past directors included Raghunath Narayan Pandit, Suresh Ramchandra Bhirangi, Vinay Vithal Jathar. It holds ₹18.42 Cr open charges and ₹57.82 Cr settled loans. Its latest AGM occurred on 16 September 2025, with the balance sheet filed on 31 March 2025. It is based at R. S. No. 664 Hissa No. 2, Opposite Alucast, Waghwade Road, Machhe, Belgaum, Karnataka, 590014.

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

    U03110KA1988PTC009204

  • Registration Number

    009204

  • Incorporation Date

    16 June 1988

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.39 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 18.42 Cr
  • Satisfied Charges ₹ 57.82 Cr
  • Revenue Growth **** 17.92%
  • Profit Growth **** 48.22%
  • Ebitda **** 157.32%
  • Net Worth 40.79%
  • Total Assets **** 19.82%
Company report

Pragati Engineering Belgaum Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pragati Engineering Belgaum 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 Engineering Belgaum Private Limited?
Current Directors
Name Designation Appointment Date Status
Sudhir Ramachandra Bhirangi Director 23 Jan 2004 Current
Sulabha Suresh Kulkarni Director 29 Sep 2007 Current
Suresh Ramchandra Bhirangi Whole-Time Director 28 Nov 1992 Current
Atul Suresh Bhirangi Director 29 Sep 2007 Current
Deepak Hanumant Joglekar Director 29 Sep 2007 Current
Mahesh Suresh Bhirangi Managing Director 22 Oct 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Jun 2007 Past
Pramod Abcsdd Director 01 Oct 2014 Past
Pramod Abcsdd Director 25 Jun 2007 Past
Pramod Abcsdd Director 25 Jun 2007 Past
Pramod Abcsdd Director 26 Jul 2023 Past

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Financial Performance of Pragati Engineering Belgaum.

Pragati Engineering Belgaum Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.92% increase. The company also saw a substantial improvement in profitability, with a 48.22% increase in profit. The company's net worth Soared by an impressive increase of 40.79%.

Pragati Engineering Belgaum revenue growth over time
Pragati Engineering Belgaum 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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 17.92%
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Revenue from Operations
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 20.42%
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Total Assets
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 19.82%
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Profit or Loss
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 48.22%
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Net Worth
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 40.79%
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EBITDA
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 157.32%
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*******
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What is the Ownership and Shareholding Structure of Pragati Engineering Belgaum?

In 2023, Pragati Engineering Belgaum 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

₹184,240,000.00

Satisfied Charges

₹578,150,000.00

Charges Breakdown by Lending Institutions
  • Others : 13.28 Cr
  • Sidbi : 5.00 Cr
  • Karnataka State Financial Corporation : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
29 Mar 2023 Others ₹13.28 Cr Open
28 Jun 2022 Sidbi ₹2.60 Cr Open
19 Nov 2021 Sidbi ₹2.40 Cr Open
29 Dec 1995 Karnataka State Financial Corporation ₹1.44 M Open
28 Feb 2020 State Bank Of India ₹12.68 Cr Satisfied

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How Many Employees Work at Pragati Engineering Belgaum?

Pragati Engineering Belgaum has a workforce of 104 employees as of Apr 08, 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 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 Engineering Belgaum, 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 Engineering Belgaum'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 Engineering Belgaum
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Pragati Engineering Belgaum Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

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

  • Charges

    Progress on A charge registered on 28 Feb 2020 via Charge ID 100332634 with State Bank Of India was fully satisfied on 15 May 2023. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 13.28 Cr with Charge ID 100718862 was registered on 29 Mar 2023. was documented.

  • Charges

    A charge with Sidbi amounted to Rs. 2.60 Cr with Charge ID 100586646 was registered on 28 Jun 2022. was recorded as a recent event.

  • Charges

    Progress on A charge with Sidbi amounted to Rs. 2.40 Cr with Charge ID 100501139 was registered on 19 Nov 2021. was documented.

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Frequently Asked Questions
What is the CIN of Pragati Engineering Belgaum Private Limited?

The CIN of Pragati Engineering Belgaum Private Limited is U03110KA1988PTC009204.

Where is Pragati Engineering Belgaum Private Limited headquartered?

Pragati Engineering Belgaum Private Limited is headquartered at R. S. No. 664 Hissa No. 2, Opposite Alucast, Waghwade Road, Machhe, Belgaum, Karnataka, 590014.

When was Pragati Engineering Belgaum Private Limited incorporated?

Pragati Engineering Belgaum Private Limited was incorporated on 16 June 1988.

Who are the current directors of Pragati Engineering Belgaum Private Limited?

The current directors of Pragati Engineering Belgaum Private Limited are

What is the primary industry of Pragati Engineering Belgaum Private Limited?

The primary industry of Pragati Engineering Belgaum Private Limited is Manufacturing.

Is Pragati Engineering Belgaum Private Limited a listed company?

Pragati Engineering Belgaum Private Limited is unlisted.

What is the capital structure of Pragati Engineering Belgaum Private Limited?

The authorized capital of Pragati Engineering Belgaum Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.39 Cr.

What is the compliance status of Pragati Engineering Belgaum Private Limited?

The compliance status of Pragati Engineering Belgaum Private Limited is Compliant.

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