Pragati Gold Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2006.
2006 Mumbai, Maharashtra, India Active
Last Updated:
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About Pragati Gold Private Limited

Pragati Gold Private Limited, a active private limited company, was established on 05 April 2006 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the trade sector, it holds CIN: U26101MH2006PTC160970. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹6.00 Cr.

It upholds a compliant status. Its leadership includes Ganpatlal Vardichand Madrecha (Director), Dhiraj Kumar Madrecha (Director). Past directors included Sosarbai Vardichand Madrecha, Rekha Kamlesh Jain, Rima Dhaval Shirodariya. It holds ₹122.41 Cr open charges and ₹28.93 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 89, Floor 1, Plot 91/93, Zaveri Bazar, Shaikh Memon Street,, Mumbai, Maharashtra, 400002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U26101MH2006PTC160970

  • Registration Number

    160970

  • Incorporation Date

    05 April 2006

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹6.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 122.41 Cr
  • Satisfied Charges ₹ 28.93 Cr
  • Revenue Growth **** -18.53%
  • Profit Growth **** -65.56%
  • Ebitda **** -18.15%
  • Net Worth 3.16%
  • Total Assets **** 24.68%
Company report

Pragati Gold Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pragati Gold 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 Gold Private Limited?
Current Directors
Name Designation Appointment Date Status
Ganpatlal Vardichand Madrecha Director 05 Apr 2006 Current
Dhiraj Kumar Madrecha Director 05 Apr 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Mar 2024 Past
Pramod Abcsdd Director 17 Jan 2022 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary 22 Oct 2018 Past

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Financial Performance of Pragati Gold.

Pragati Gold Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.53% decrease. The company also saw a substantial fall in profitability, with a 65.56% decrease in profit. The company's net worth moved up by a moderate rise of 3.16%.

Pragati Gold revenue growth over time
Pragati Gold 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
********
 -18.53%
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*******
*******
*******
Revenue from Operations
*******
 -19.25%
*******
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*******
*******
Total Assets
*******
 24.68%
*******
*******
*******
*******
Profit or Loss
*******
 -65.56%
*******
*******
*******
*******
Net Worth
*******
 3.16%
*******
*******
*******
*******
EBITDA
*******
 -18.15%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pragati Gold?

In 2023, Pragati Gold 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

₹1,224,052,504.00

Satisfied Charges

₹289,300,000.00

Charges Breakdown by Lending Institutions
  • Others : 114.41 Cr
  • State Bank Of India : 8.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2024 Others ₹4.70 Cr Open
30 Oct 2024 Others ₹35.00 Cr Open
30 Nov 2022 State Bank Of India ₹8.00 Cr Open
01 Jun 2021 Others ₹44.70 Cr Open
28 Jan 2019 Others ₹25.00 Cr Open

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How Many Employees Work at Pragati Gold?

Unlock and access historical data on people associated with Pragati Gold, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Gold, 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 Gold'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 Gold
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 4.70 Cr with Charge ID 101001307 was registered on 30 Oct 2024. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101001987 was registered on 30 Oct 2024. was completed.

  • Charges

    Progress on A charge with Others of Rs. 44.70 Cr registered on 01 Jun 2021 with Charge ID 100451810 was modified on 30 Oct 2024. was documented.

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 23 Jun 2017 with Charge ID 100109187 was modified on 30 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

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

  • Balance Sheet

    The activity Pragati Gold Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

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

The CIN of Pragati Gold Private Limited is U26101MH2006PTC160970.

Where is Pragati Gold Private Limited headquartered?

Pragati Gold Private Limited is headquartered at 89, Floor 1, Plot 91/93, Zaveri Bazar, Shaikh Memon Street,, Mumbai, Maharashtra, 400002.

When was Pragati Gold Private Limited incorporated?

Pragati Gold Private Limited was incorporated on 05 April 2006.

Who are the current directors of Pragati Gold Private Limited?

The current directors of Pragati Gold Private Limited are

What is the primary industry of Pragati Gold Private Limited?

The primary industry of Pragati Gold Private Limited is Trade.

Is Pragati Gold Private Limited a listed company?

Pragati Gold Private Limited is unlisted.

What is the capital structure of Pragati Gold Private Limited?

The authorized capital of Pragati Gold Private Limited is ₹6.00 Cr, and the paid-up capital is ₹6.00 Cr.

What is the compliance status of Pragati Gold Private Limited?

The compliance status of Pragati Gold Private Limited is Compliant.

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