Pragati Spinners Private Limited - Company Profile

It is a manufacturing private limited company based in Hyderabad, Telangana, India, established in 2010.
2010 Hyderabad, Telangana, India Active
Last Updated:
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About Pragati Spinners Private Limited

Pragati Spinners Private Limited, a active private limited company, was established on 14 October 2010 in Hyderabad, Telangana, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17200TG2010PTC070864. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹23.36 Cr.

It upholds a active non-compliant status. Its leadership includes Padmaja Alla (Director), Jithendra Prasad Babu Alla (Director). Past directors included Anasuya Devi Alla, Babu Rajendra Prasad Kantamneni, Chennamalu Krishnamurthy Appayya. It holds ₹57.83 Cr open charges and ₹89.26 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No. 405, Block No. 16, Malaysia Township, Kphb Colony, Hyderabad, Telangana, 500072.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U17200TG2010PTC070864

  • Registration Number

    070864

  • Incorporation Date

    14 October 2010

  • Authorized Capital

    ₹30.00 Cr

  • Paid-Up Capital

    ₹23.36 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 23.36 Cr
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.83 Cr
  • Satisfied Charges ₹ 89.26 Cr
  • Revenue Growth **** -11.98%
  • Profit Growth **** -44.64%
  • Ebitda **** -7.21%
  • Net Worth 3.22%
  • Total Assets **** 13.78%
Company report

Pragati Spinners Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pragati Spinners 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 Spinners Private Limited?
Current Directors
Name Designation Appointment Date Status
Padmaja Alla Director 14 Oct 2010 Current
Jithendra Prasad Babu Alla Director 14 Oct 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Nov 2021 Past
Pramod Abcsdd Director 08 Nov 2021 Past
Pramod Abcsdd Director 31 Mar 2016 Past

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Financial Performance of Pragati Spinners.

Pragati Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.98% decrease. The company also saw a substantial fall in profitability, with a 44.64% decrease in profit. The company's net worth moved up by a moderate rise of 3.22%.

Pragati Spinners revenue growth over time
Pragati Spinners 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
********
 -11.98%
*******
*******
*******
*******
Revenue from Operations
*******
 -11.87%
*******
*******
*******
*******
Total Assets
*******
 13.78%
*******
*******
*******
*******
Profit or Loss
*******
 -44.64%
*******
*******
*******
*******
Net Worth
*******
 3.22%
*******
*******
*******
*******
EBITDA
*******
 -7.21%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pragati Spinners?

In 2023, Pragati Spinners 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

₹578,300,000.00

Satisfied Charges

₹892,600,000.00

Charges Breakdown by Lending Institutions
  • Others : 57.83 Cr
Latest Charge Details
Date Lender Amount Status
28 Mar 2025 Others ₹57.62 Cr Open
07 Dec 2017 Others ₹2.10 M Open
27 Jul 2022 Hdfc Bank Limited ₹42.30 Cr Satisfied
24 Sep 2011 Indian Overseas Bank ₹46.96 Cr Satisfied

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How Many Employees Work at Pragati Spinners?

Unlock and access historical data on people associated with Pragati Spinners, 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 Spinners, 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 Spinners'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 Spinners
Recent Activity within the Organization
  • Charges

    A charge registered on 27 Jul 2022 via Charge ID 100607014 with Hdfc Bank Limited was fully satisfied on 29 Apr 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 57.62 Cr with Charge ID 101089007 was registered on 28 Mar 2025. was recorded as a recent event.

  • Annual General Meeting

    Pragati Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Pragati Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 24 Sep 2011 via Charge ID 10314654 with Indian Overseas Bank was fully satisfied on 06 Oct 2022. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 42.30 Cr registered on 27 Jul 2022 with Charge ID 100607014 was modified on 12 Aug 2022. was documented.

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

The CIN of Pragati Spinners Private Limited is U17200TG2010PTC070864.

Where is Pragati Spinners Private Limited headquartered?

Pragati Spinners Private Limited is headquartered at Flat No. 405, Block No. 16, Malaysia Township, Kphb Colony, Hyderabad, Telangana, 500072.

When was Pragati Spinners Private Limited incorporated?

Pragati Spinners Private Limited was incorporated on 14 October 2010.

Who are the current directors of Pragati Spinners Private Limited?

The current directors of Pragati Spinners Private Limited are

What is the primary industry of Pragati Spinners Private Limited?

The primary industry of Pragati Spinners Private Limited is Manufacturing.

Is Pragati Spinners Private Limited a listed company?

Pragati Spinners Private Limited is unlisted.

What is the capital structure of Pragati Spinners Private Limited?

The authorized capital of Pragati Spinners Private Limited is ₹30.00 Cr, and the paid-up capital is ₹23.36 Cr.

What is the compliance status of Pragati Spinners Private Limited?

The compliance status of Pragati Spinners Private Limited is Active Non-Compliant.

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