Pragati Fashions Private Limited

Exports and supplies women's western clothing and kids wear under the brands 'Zola' and 'Brisa'.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated:

Pragati Fashions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 10.74 Cr
  • Revenue Growth 84.69%
  • Profit Growth 80.60%
  • Ebitda 96.85%
  • Net Worth 8.17%
  • Total Assets 22.14%

About Pragati Fashions

Pragati Fashions Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 January 1995 and has a history of 30 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹10.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kirti Shah, Pravin Gala, and Rushabh Gala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101MH1995PTC084480

  • Company No.

    084480

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

What products or services does Pragati Fashions Private Limited offer?

Pragati Fashions Private Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies Skirts, Kids Casual, Ethnic & Western Wear, Kids Party Wear Dresses, Bangles, Bracelets & Anklets, Crystal Bangles, Compass, Telescopes & Survey Tools, Telescopes, Nightwear.

Company report

Pragati Fashions Private Limited

Explore comprehensive data for Pragati Fashions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pragati Fashions?

Board Members (3)

NameDesignationAppointment DateStatus
Kirti Shah Country flag representing In Director 09-Jan-1995Current
Pravin Gala Country flag representing In Director 23-Aug-2007Current
Rushabh Gala Country flag representing In Director 01-Apr-2022Current

Financial Performance of Pragati Fashions.

Pragati Fashions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 84.69% increase. The company also saw a substantial improvement in profitability, with a 80.6% increase in profit. The company's net worth moved up by a moderate rise of 8.17%.

Pragati Fashions revenue growth over time
Pragati Fashions 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
84.69%
Revenue from Operations
88.15%
Total Assets
22.14%
Profit or Loss
80.60%
Net Worth
8.17%
EBITDA
96.85%

What is the Ownership and Shareholding Structure of Pragati Fashions?

In 2021, Pragati Fashions 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 Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹10.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2007Others₹30.00 CrOpen
09 Sep 2016Others₹0.42 MSatisfied
07 Mar 2015The Cosmos Co-Op Bank Limited₹4.50 CrSatisfied
22 May 2014The Cosmos Co- Operative Bank Ltd₹3.00 CrSatisfied
02 Dec 2013The Cosmos Co- Operative Bank Ltd₹0.38 MSatisfied

How Many Employees Work at Pragati Fashions?

Pragati Fashions has a workforce of 142 employees as of Apr 04, 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 Fashions Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Pragati Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Pragati Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 09 Sep 2016 via Charge ID 100052912 with Others was fully satisfied on 17 Dec 2022.

  • Charges

    A charge registered on 02 Dec 2013 via Charge ID 10468611 with The Cosmos Co- Operative Bank Ltd was fully satisfied on 17 Dec 2022.

  • Charges

    A charge registered on 05 Apr 2011 via Charge ID 10283810 with The Cosmos Co - Operative Bank Limited was fully satisfied on 17 Dec 2022.

  • Director Appointment

    Rushabh Nanji Gala was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 3 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Pragati Fashions Private Limited?

    Pragati Fashions Private Limited was incorporated on 09 Jan 1995.

  • What is authorized share capital and paid-up capital of Pragati Fashions Private Limited?

    The authorized share capital of Pragati Fashions Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Pragati Fashions Private Limited?

    Currently 3 directors are associated with Pragati Fashions Private Limited.

    • Kirti Lakhamshi Shah
    • Pravin Champshi Gala
    • Rushabh Nanji Gala

  • What is the registered address of Pragati Fashions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Fashions Private Limited is Shree Sadguru Heights F.P.No.455 Bhavani Shankar Road Dadar (West), India, Mumbai, Maharashtra, 400028.

  • What is the corporate identification number (CIN) and company number of Pragati Fashions Private Limited?

    The corporate identification number (CIN) of Pragati Fashions Private Limited is U18101MH1995PTC084480 and the company number is 084480 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pragati Fashions Private Limited?

    The Official website of Pragati Fashions Private Limited is https://www.zolafashions.com

  • What has been the recent revenue trend for Pragati Fashions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pragati Fashions Private Limited has risen by 84.69%.

  • How many employees does Pragati Fashions Private Limited currently have?

    As Per 2022 financial reports, 142 employees are currently employed by Pragati Fashions Private Limited.

  • What change has been observed in the net worth of Pragati Fashions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pragati Fashions Private Limited has experienced an upsurge of 8.17%.

  • What are the total open charges for Pragati Fashions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Pragati Fashions Private Limited amount to ₹ 30.00 Cr.

  • When was the last Balance Sheet of Pragati Fashions Private Limited filed with the ROC?

    The most recent Balance Sheet for Pragati Fashions Private Limited was filed with the ROC on 31 Mar 2024.

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