Pragati Merchants Private Limited
About Pragati Merchants Private Limited
Data last updated:
Pragati Merchants Private Limited is a private limited company based in Agra, Uttar Pradesh, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 09 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U52100UP2009PTC240705.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.5 Lakh. It is led by directors Rakesh Ghawri and Yash Ahuja.
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 Agra, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.12 Lakh, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 47.8%) and EBITDA of ₹4.62 Lakh (EBITDA margin 65%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Pragati Merchants has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52100UP2009PTC240705, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100UP2009PTC240705 | Current |
| U52100WB2009PTC151545 | Previous |
| U52100DL2009PTC194131 | Previous |
Contact details
Pragati Merchants Private Limited's registered office is in Agra, Uttar Pradesh.
- Registered AddressC – 49, Foundry Nagar, Agra, Uttar Pradesh, India – 282006
- IndustryTrading, Retailers, Retail Trading
- 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
Business activity
The main business activity of Pragati Merchants is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Pragati Merchants Private Limited
FY 2025 filings availablePragati Merchants Private Limited reported revenue of ₹7.12 Lakh (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 60% growth in the latest year. EBITDA rose 13% 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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| EBITDA | ₹4.62 Lakh | ||||
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| Net Profit (PAT) | ₹3.4 Lakh | ||||
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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 | 65% | ||||
| Net Profit Margin | 47.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pragati Merchants Private Limited, buy the company report.
Board of directors of Pragati Merchants Private Limited
Pragati Merchants has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Ghawri Also directs: Abhinav Vinimay Pvt Ltd, Bhagwati Dealer Private Limited, Agra Sales and Marketing Services Private Limited and 5 more | Director | 09 Sep 2009 | 17 Years 2 Months | Current |
| Yash Ahuja Also directs: Abhinav Vinimay Pvt Ltd, Bhagwati Dealer Private Limited, Agra Sales and Marketing Services Private Limited and 5 more | Director | 28 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Pragati Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Japesh Poultry Farms Private Limited | ₹7.13 Lakh (FY 2023) | 14.0% | Dehradun, Uttarakhand, India | |||
| Golden Synthetic Lubes & Parts Private Limited | ₹7.12 Lakh (FY 2024) | 34.0% | Delhi, India | |||
| Yuppshop Private Limited | ₹7.12 Lakh (FY 2024) | 28.0% | Unjha, Gujarat, India | |||
| Glamaxy Essentials Private Limited | ₹7.12 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Pragati Merchants Private Limitedthis company | ₹7.12 Lakh (FY 2025) | ₹3.4 Lakh | 47.8% | 60.0% | Agra, Uttar Pradesh, India | |
| DBTL Digital Private Limited | ₹7.12 Lakh (FY 2018) | Bettiah, Bihar, India | ||||
| Avin Infrachem Private Limited | ₹7.12 Lakh (FY 2025) | -57.0% | Kolkata, West Bengal, India | |||
| Khairwal Udnaw Kisaan Utpadak Producer Company Limited | ₹7.12 Lakh (FY 2024) | Kundahit, Jharkhand, India | ||||
| Skele Pharmaceuticals Private Limited | ₹7.12 Lakh (FY 2023) | Lucknow, Uttar Pradesh, India | ||||
| Omiracle Life Care Private Limited | ₹7.12 Lakh (FY 2025) | 79.0% | Ghatlodia, Ahmedabad, Gujarat, India | |||
| Radiant Infrawell Project Adventure Private Limited | ₹7.12 Lakh (FY 2023) | -43.0% | Saran, Bihar, India |
To see the full peer comparison of Pragati Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pragati Merchants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Pragati Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pragati Merchants Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Jai Kumar Utrani ceased to be Director on 28 Aug 2015.
Frequently asked questions
Pragati Merchants is an active private limited company based in Agra, Uttar Pradesh, India. The company works in retailers, within the trading industry. It was incorporated on 09 September 2009 (17+ years old) and is registered under CIN U52100UP2009PTC240705.
Pragati Merchants has 2 current directors:
- Rakesh Ghawri - Director
- Yash Ahuja - Director
The latest financial statements of Pragati Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pragati Merchants is U52100UP2009PTC240705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Merchants was incorporated on 09 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Pragati Merchants by revenue are Japesh Poultry Farms Private Limited, Golden Synthetic Lubes & Parts Private Limited, Yuppshop Private Limited, Glamaxy Essentials Private Limited, DBTL Digital Private Limited and 5 more, all in the same principal business activity (retail trading).
Jai Kumar Utrani ceased to be Director on 28 Aug 2015. Yash Ahuja was appointed as Director on 28 Aug 2015. Rakesh Ghawri was appointed as Director on 09 Sep 2009.
The registered office of Pragati Merchants is at C – 49, Foundry Nagar, Agra, Uttar Pradesh, India – 282006.
Pragati Merchants operates in the trading industry, in the retailers segment.
The compliance status of Pragati Merchants is compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.
Pragati Merchants can be reached at its registered office: C – 49, Foundry Nagar, Agra, Uttar Pradesh, India – 282006.
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