Pragati Sales Pvt Ltd
About Pragati Sales Pvt Ltd
Data last updated:
Pragati Sales Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 26 June 1985.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51101WB1985PTC039107.
The company had an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹8.3 Lakh. It was led by directors including Ram Prakash Singhania and Sanjay Chamria.
Its last annual general meeting (AGM) was held on 24 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Development House 3rd Floor 24 Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2015, the company reported a revenue of ₹26.74 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.65 Lakh (net margin 39.8%) and EBITDA of -₹1.57 Lakh (EBITDA margin -5.9%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Pragati Sales Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressDevelopment House 3rd Floor 24 Park Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Pragati Sales Pvt Ltd, buy the company report.
- 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
Financials of Pragati Sales Pvt Ltd
FY 2015 filings availablePragati Sales Pvt Ltd reported revenue of ₹26.74 Lakh (up 680% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 680% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹26.74 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.57 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹10.65 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -5.9% |
| Net Profit Margin | 39.8% |
| 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 | |
To see the full financial statements and ratios of Pragati Sales Pvt Ltd, buy the company report.
Board of directors of Pragati Sales Pvt Ltd
Pragati Sales has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Prakash Singhania | Director | 03 Oct 2005 | 21 Years 0 Months | As last reported |
| Sanjay Chamria Also directs: Belved Property LLP, Gagan Realdev Private Limited, Magma Ventures Private Limited and 3 more | Director | 19 Sep 2009 | 17 Years 1 Months | As last reported |
| Vanita Chamria Also directs: Gagan Realdev Private Limited, Magma Ventures Private Limited, Pragati Sales LLP and 1 more | Director | 19 Sep 2009 | 17 Years 1 Months | As last reported |
Auditor
Pragati Sales Pvt Ltd is audited by R B S C & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R B S C & CO | FY 2015 | 302034E |
Shareholding
The shareholding of Pragati Sales Pvt Ltd is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Pragati Sales Pvt Ltd, buy the company report.
Legal cases
Pragati Sales Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed against the company by M/S Das Paper Enterprise | Disposed |
To see the full case history of Pragati Sales Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Sales Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pragati Sales has 2 associated companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Pragati Sales Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pragati Sales Pvt Ltd has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Sanjay Chamria ceased to be Additional Director on 16 Jul 2010.
Frequently asked questions
Pragati Sales has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Pragati Sales was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 26 June 1985 and is registered under CIN U51101WB1985PTC039107. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pragati Sales is U51101WB1985PTC039107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Sales had 3 directors:
- Ram Prakash Singhania - Director
- Sanjay Chamria - Director
- Vanita Chamria - Director
Pragati Sales was incorporated on 26 June 1985. It is registered with the Registrar of Companies, Kolkata.
The registered office of Pragati Sales is at Development House 3rd Floor 24 Park Street, Kolkata, West Bengal, India – 700016.
The latest financial statements of Pragati Sales on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 24 September 2015. Year-wise statements from 2015 are in the company report.
Pragati Sales operated in the financial services industry, in the diversified financial services segment.
Pragati Sales has 1 court case on record: 1 filed against it.
Sanjay Chamria ceased to be Additional Director on 16 Jul 2010. Vanita Chamria ceased to be Additional Director on 16 Jul 2010. Sanjay Chamria was appointed as Director on 19 Sep 2009. Pragati Sales has 7 board changes on record in total.