MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CG-14-0006409
Pragati Ingots & Power Private Limited
Pragati Ingots & Power Private Limited - metals and minerals in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹276.01 Cr
▼ 17% YoY
Net profit · FY 2025
₹1.24 Cr
Net margin 0.4%
EBITDA · FY 2025
₹7.06 Cr
EBITDA margin 2.6%
Authorised capital
₹1.7 Cr
Registered with MCA
Paid-up capital
₹1.29 Cr
Issued & subscribed
Open charges
₹31.46 Cr
Satisfied ₹11.16 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
47
Provident fund records
About Pragati Ingots & Power Private Limited
Data last updated:
Pragati Ingots & Power Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27310CT2009PTC021239. Its GSTIN is 22AAFCP2108L1ZO (Chattisgarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.29 Cr. It is led by directors Pramod Agrawal and Pradeep Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 196/5 Village – Bendri Near Urla Industrial Area Tah – Dharsiwa, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹276.01 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 0.4%) and EBITDA of ₹7.06 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 25% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.46 Cr and satisfied charges of ₹11.16 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Pragati Ingots & Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0006409). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27310CT2009PTC021239
Registration Number 021239
Incorporation Date 17 June 2009
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-14-0006409
Key People
Pramod Agrawal Director Pradeep Agrawal Director Recognitions & Rankings of Pragati Ingots & Power
Contact details
Pragati Ingots & Power Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 196/5 Village – Bendri Near Urla Industrial Area Tah – Dharsiwa, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Pragati Ingots & Power Private Limited, buy the company report.
Comprehensive company report
Pragati Ingots & Power Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Pragati Ingots & Power is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Pragati Ingots & Power Private Limited, buy the company report.
Financials of Pragati Ingots & Power Private Limited
FY 2024 filings availablePragati Ingots & Power Private Limited reported revenue of ₹276.01 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹276.01 Cr ▼ 17%
Net profit · FY 2025
₹1.24 Cr margin 0.4%
EBITDA · FY 2025
₹7.06 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 13%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 13%
5 years · compounded
▲ 26%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹7.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Pragati Ingots & Power Private Limited, buy the company report.
Board of directors of Pragati Ingots & Power Private Limited
Pragati Ingots & Power has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Agrawal | Director | 28 Nov 2015 | 10 Years 11 Months | Current |
| Pradeep Agrawal Also directs: Shiva Infrareal Private Limited | Director | 26 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Pragati Ingots & Power Private Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sequence Ferro Private Limited | ₹277.06 Cr (FY 2025) | 69.0% | Aligarh, Uttar Pradesh, India | |||
| Ecoplus Steels Private Limited | ₹277.06 Cr (FY 2025) | 120.0% | Varanasi, Uttar Pradesh, India | |||
| Nippon Steel Pipe India Private Limited | ₹276.93 Cr (FY 2025) | 1.0% | Rajasthan, India | |||
| Chennai United Metal Industries Private Limited | ₹276.79 Cr (FY 2024) | 8.0% | Chennai, Tamil Nadu, India | |||
| Bansal Aradhya Steel Private Limited | ₹276.16 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| Pragati Ingots & Power Private Limitedthis company | ₹276.01 Cr (FY 2025) | ₹1.24 Cr | 0.4% | -17.0% | 47 | Raipur, Chhattisgarh, India |
| Shyam Ingots Pvt Ltd | ₹275.79 Cr (FY 2025) | -6.0% | Nagarhaveli, Dadra and Nagar Haveli, India | |||
| Jay Jagannath Steel and Power Limited | ₹274.45 Cr (FY 2025) | -11.0% | Rourkela, Odisha, India | |||
| Shri Rathi Steel Limited | ₹273.33 Cr (FY 2025) | -35.0% | New Delhi, Delhi, India | |||
| Patwari Steels Private Limited | ₹273.25 Cr (FY 2025) | 4.0% | Patna, Bihar, India |
To see the full peer comparison of Pragati Ingots & Power Private Limited, buy the company report.
Auditor
Pragati Ingots & Power Private Limited is audited by JOGLEKAR MAITRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOGLEKAR MAITRA & CO. | FY 2023 | 007747C |
Shareholding
The shareholding of Pragati Ingots & Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pragati Ingots & Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹31.46 Cr
Satisfied charges
₹11.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101080949 | Others | ₹4 Cr | Open | |
| 14 Feb 2025 | 101054650 | Indian Bank | ₹31.5 Lakh | Open | |
| 24 Jul 2023 | 100769722 | Others | ₹27.11 Cr | Open | |
| 11 Dec 2017 | 100146064 | Others | ₹3.25 Lakh | Open | |
| 09 May 2019 | 100267454 | Others | ₹12.38 Lakh | Satisfied |
To see the full charge records of Pragati Ingots & Power Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Pragati Ingots & Power Private Limited has 2 court cases on record: 2 filed by Pragati Ingots & Power. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Commercial suit | Filed by the company against Kotak Mahindra Bank Ltd. | Pending |
| District court, Raipur, Chhattisgarh | Civil suit | Filed by the company against M/S R.R.Steel Industry and Others | Pending |
To see the full case history of Pragati Ingots & Power Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Pragati Ingots & Power Private Limited was last rated by Crisil on 27 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Jan 2020 |
To see the full credit ratings and regulatory alerts of Pragati Ingots & Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Ingots & Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pragati Ingots & Power Private Limited has a workforce of 47 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
4.44%
GST
Pragati Ingots & Power has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAFCP2108L1ZO | Chattisgarh | Active | 01 Jul 2017 |
| 22AAFCP2108L1DX | Chattisgarh | Active | 29 Oct 2024 |
To see the full GST registrations and return filing status of Pragati Ingots & Power Private Limited, buy the company report.
Recent activity
Pragati Ingots & Power Private Limited has 18 board changes on record since 2009: 10 appointments and 8 cessations. The latest: Rajesh Agrawal ceased to be Director on 14 Sep 2019.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101080949 was registered on 29 Mar 2025.
Charges
A charge with Indian Bank amounted to Rs. 0.32 Cr with Charge ID 101054650 was registered on 14 Feb 2025.
Charges
A charge registered on 09 May 2019 via Charge ID 100267454 with Others was fully satisfied on 03 Oct 2024.
Charges
A charge registered on 09 May 2019 via Charge ID 100267455 with Others was fully satisfied on 03 Oct 2024.
AGM
Pragati Ingots & Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 27.11 Cr registered on 24 Jul 2023 with Charge ID 100769722 was modified on 30 Jul 2024.
Filing
Pragati Ingots & Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 0.03 Cr registered on 11 Dec 2017 with Charge ID 100146064 was modified on 05 Dec 2023.
Charges
A charge with Others amounted to Rs. 27.11 Cr with Charge ID 100769722 was registered on 24 Jul 2023.
Ceased
Rajesh Agrawal ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100267454 was registered on 09 May 2019.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100267455 was registered on 09 May 2019.
22 earlier events are in the company report.
Frequently asked questions
Pragati Ingots & Power is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 June 2009 (17+ years old) and is registered under CIN U27310CT2009PTC021239.
Pragati Ingots & Power has 2 current directors:
- Pramod Agrawal - Director
- Pradeep Agrawal - Director
The latest financial statements of Pragati Ingots & Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragati Ingots & Power is 22AAFCP2108L1ZO, registered in Chattisgarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAFCP2108L1DX (Chattisgarh).
The CIN (Corporate Identification Number) of Pragati Ingots & Power is U27310CT2009PTC021239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Ingots & Power has 2 court cases on record: 2 filed by the company. 2 are pending.
Pragati Ingots & Power was incorporated on 17 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Pragati Ingots & Power by revenue are Sequence Ferro Private Limited, Ecoplus Steels Private Limited, Nippon Steel Pipe India Private Limited, Chennai United Metal Industries Private Limited, Bansal Aradhya Steel Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Rajesh Agrawal ceased to be Director on 14 Sep 2019. Ashish Kumar Agrawal ceased to be Whole-Time Director on 15 Mar 2017. Pramod Agrawal was appointed as Director on 28 Nov 2015. Pragati Ingots & Power has 18 board changes on record in total.
Yes, Pragati Ingots & Power is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-14-0006409).
The registered office of Pragati Ingots & Power is at Plot No. 1965 Village – Bendri Near Urla Industrial Area Tah – Dharsiwa, Raipur, Chhattisgarh, India – 492001.
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