Pragati 47 Development Limited - Due diligence report

A 360° intelligence report on Pragati 47 Development Limited: trust score, financial health, credit view, compliance, directors, growth and …

2003-07-04 Kolkata, West Bengal Active Unlisted Active Non-Compliant
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Pragati 47 Development Limited — 360° Intelligence Report

Generated from MCA filings & public records
66/100
Trust Score
Moderate

Pragati 47 Development Limited is assessed as Moderate with a Trust Score of 66/100. Pragati 47 Development Limited is an active public limited indian non-government company incorporated in 2003, operating in the Real Estate and Construction sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a high compliance risk and an unassessed financial risk profile.

Report generated on 28 Jun 2026 from the latest processed filings. Pragati 47 Development Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
66/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
35/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreNo Data
N/A
No processed financial statements available yet.
Credit Risk ScoreNo Data
N/A
Financial statements needed for a credit view.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

No processed financials
Financial statements are not yet processed for this company. Trend analysis will appear once filings are available.
04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: N/A No Data
  • Financial statements needed for a credit view.

Charges position: 0 open (-) · 1 satisfied (36.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Allahabad Bank1 48.0 cr
Compliance Score: 35/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2011 - filings overdue.
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
TARUN KUMAR CHAKRABORTY 01234567 Director 01/04/2018 6 yrs Approved
SUBRATA DAS 01234567 Director 01/04/2018 6 yrs Approved
SANJEEV LOSALKA 01234567 Director 01/04/2018 6 yrs Approved
SUMANA GHOSH 01234567 Director 01/04/2018 6 yrs Approved
Souvik Bag 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Key managerial personnel: SUMANA GHOSH (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 80
Growth signals & trust indicators
Operating for 22+ years.
Active EPFO - real payroll on record.
Financials unavailable - score leans on compliance and governance signals.
Distress signals & risk flags
Statutory filings appear overdue.
Compliance score is weak (35/100).
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence58/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • No financials on record - ask for audited statements.
Banker assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • No filed financials - rely on banking statements and GST data.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view46/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Request management accounts - public filings insufficient.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
22 Dec 2025
Director ceased
ARUN BANERJEE
11 Jul 2025
Director appointed
TARUN KUMAR CHAKRABORTY (Director)
Director appointed
SUBRATA DAS (Director)
Director appointed
Souvik Bag (Director)
26 Oct 2019
Director ceased
SANJEEV LOSALKA
17 Sep 2019
Director appointed
SUMANA GHOSH (Managing Director)
02 Apr 2016
Director ceased
PABAN GHOSH
01 Apr 2016
Director appointed
SANJEEV LOSALKA (Director)
28 Aug 2012
Director ceased
KAUSHIK BANERJEE
15 Jun 2011
Director ceased
RANJIT KUMAR BANERJEE
31 Mar 2011
Director ceased
SANDEEP SAHAY
Latest balance sheet
Filed with ROC
08 Sep 2010
Director ceased
DHANANJAY VIDYAPATI JOSHI
Director ceased
VIVEK KUNENKERIL CHANDY
Director ceased
ZOLTAN VARGA
10

Key Observations

Auto-generated from the data above
5 active director(s) / partner(s); board looks stable and experienced.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
11

Peers & Related Companies

Full peer comparison →
Peer companies will appear here as our matching engine processes this industry.
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Pragati 47 Development Limited before audits and certifications: compliance score 35/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Pragati 47 Development Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score pending financials, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score n/a, margin trends, ownership structure and peer set for Pragati 47 Development Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 66/100, distress signals and MSME payment-delay disclosures - know whether Pragati 47 Development Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Pragati 47 Development Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Pragati 47 Development Limited an active company?

Pragati 47 Development Limited has MCA status “Active” with a compliance score of 35/100 (Caution Indicated).

Is Pragati 47 Development Limited financially healthy?

Processed financial statements are not yet available for Pragati 47 Development Limited, so its financial health is unassessed.

Should I do business with Pragati 47 Development Limited?

Its overall Trust Score is 66/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Pragati 47 Development Limited?

See the directors and ownership sections above for board and shareholding detail. 5 active director(s) are on record.

Does Pragati 47 Development Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Pragati 47 Development Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 35/100 (Caution Indicated).

Is it risky to lend to Pragati 47 Development Limited?

Filed financial statements are needed for a credit view - ask the company for audited statements and bank statements.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.