Pragati Land Developers Private Limited
About Pragati Land Developers Private Limited
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Pragati Land Developers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ1996PTC012075. Its GSTIN is 08AABCK3659B1ZQ (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.26 Lakh. It was formerly known as Kundan Gems Pvt Ltd. It is led by directors including Nilesh Kayathwal and Vijay Farsoia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 – E Opp. S B I Bank Behind Durlabh Ji Farm Kings Road Ajmer Road, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.96 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹10.92 Lakh (net margin 5.6%) and EBITDA of ₹14.78 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹1.25 Cr and satisfied charges of ₹7 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1 – E Opp. S B I Bank Behind Durlabh Ji Farm Kings Road Ajmer Road, Jaipur, Rajasthan, India – 302019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Pragati Land Developers Private Limited
The main business activity of Pragati Land Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pragati Land Developers Private Limited FY 2025 filings available
Pragati Land Developers Private Limited reported revenue of ₹1.96 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pragati Land Developers Private Limited
Revenue rose 55% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 44% 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 of Pragati Land Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.92 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Pragati Land Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pragati Land Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pragati Land Developers Private Limited
Pragati Land Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rahul Automobiles Private Limited | ₹1.96 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Ranchi, Jharkhand, India |
| Paradiso Builders Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Inoxe Constructions and Developers Private Limited | ₹1.96 Cr (FY 2024) | •••• | •••• | 161.0% | •••• | Bhopal, Madhya Pradesh, India |
| Shubham Commercials Pvt Ltd. | ₹1.96 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Guwahati, Assam, India |
| Bhavya Infrastructures (India) Private Limited | ₹1.96 Cr (FY 2019) | •••• | •••• | 7497.0% | •••• | Mumbai, Maharashtra, India |
| Pragati Land Developers Private Limited this company | ₹1.96 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Jaipur, Rajasthan, India |
| Akshay Environce Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | 517.0% | •••• | Bangalore, Karnataka, India |
| Mondal Developers Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Durgapur, West Bengal, India |
| Aparupa Properties Private Limited | ₹1.96 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Moonlight Horticulture Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| P.B.Khose Infrastructures Private Limited | ₹1.96 Cr (FY 2024) | •••• | •••• | -87.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pragati Land Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pragati Land Developers Private Limited
Pragati Land Developers Private Limited is audited by SURESH KHANDELWAL & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURESH KHANDELWAL & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pragati Land Developers Private Limited
Pragati Land Developers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Kayathwal Also directs: Kishangarh Recreation Club and Resort Private Limited | Director | 31 Mar 2011 | 15 Years 6 Months | Current |
| Vijay Farsoia | Director | 25 Aug 2020 | 6 Years 1 Months | Current |
| Rounak Kayathwal Also directs: Horizon PV Private Limited | Director | 01 Jun 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Pragati Land Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pragati Land Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2016 | Others | ₹1.25 Cr | Open |
| 31 Mar 2018 | Others | ₹2 Cr | Satisfied |
| 15 Dec 2016 | Others | ₹5 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Pragati Land Developers Private Limited
Pragati Land Developers Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ajmer, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Ajmer, Rajasthan | Civil suit | Filed against the company by an individual | Disposed |
| District court, Ajmer, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Ajmer, Rajasthan | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pragati Land Developers Private Limited
Employment history and EPFO contributions of people linked to Pragati Land Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Pragati Land Developers Private Limited
Pragati Land Developers has one previous CIN (Corporate Identification Number): U36911RJ1996PTC012075. The current CIN is U45201RJ1996PTC012075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201RJ1996PTC012075 | Current |
| U36911RJ1996PTC012075 | Previous |
Recent Activity on Pragati Land Developers Private Limited
Pragati Land Developers Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Vijay Farsoia was appointed as Director on 25 Aug 2020.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pragati Land Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pragati Land Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pragati Land Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pragati Land Developers Private Limited
Pragati Land Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCK3659B1ZQ | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pragati Land Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pragati Land Developers Private Limited
Pragati Land Developers is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 May 1996 (30+ years old) and is registered under CIN U45201RJ1996PTC012075.
Pragati Land Developers reported revenue of ₹1.96 Cr for FY 2025 (up 55% YoY).
Pragati Land Developers has 3 current directors:
- Nilesh Kayathwal - Director
- Vijay Farsoia - Director
- Rounak Kayathwal - Director
Pragati Land Developers reported a net profit of ₹10.92 Lakh (net margin 5.6%) and EBITDA of ₹14.78 Lakh (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pragati Land Developers is -1% over three years and -2% over five years. In the latest year (FY 2025) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pragati Land Developers is 08AABCK3659B1ZQ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Pragati Land Developers is U45201RJ1996PTC012075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Land Developers has 4 court cases on record: 4 filed against it.
Pragati Land Developers was incorporated on 23 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Pragati Land Developers by revenue are Rahul Automobiles Private Limited, Paradiso Builders Private Limited, Inoxe Constructions and Developers Private Limited, Shubham Commercials Pvt Ltd, Bhavya Infrastructures (India) Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vijay Farsoia was appointed as Director on 25 Aug 2020. Devendra Khandelwal ceased to be Director on 13 May 2020. Raghav Khandelwal ceased to be Director on 13 May 2020. Pragati Land Developers has 10 board changes on record in total.