Prime Progression Export And Services Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 7.20 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 34.57 Cr
- Revenue Growth 277.16%
- Profit Growth -6.63%
- Ebitda -268.71%
- Net Worth -0.34%
- Total Assets -0.37%
About Prime Progression Export And Services
Prime Progression Export And Services Private Limited (PPEASPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 June 2005 and has a history of 19 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 7.20 Cr.
The company has closed loans amounting to ₹34.57 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kizhakepat Menon and Neena Menon serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909KA2005PTC036595
- Company No.
036595
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jun 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Prime Progression Export And Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kizhakepat Menon  | Managing Director | 21-Jun-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neena Menon | Director | 21-Jun-2005 | Current |
Financial Performance of Prime Progression Export And Services.
Prime Progression Export And Services Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 277.16% increase. The company also saw a slight decrease in profitability, with a 6.63% decrease in profit. The company's net worth dipped by a decrease of 0.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Progression Export And Services?
In 2021, Prime Progression Export And Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prime Progression Trading Services Private LimitedKizhakepat Menon and Neena Menon are mutual person
Prime Progression Packaging Private LimitedKizhakepat Menon is a mutual person
Prime Progression Global Commerce Private LimitedKizhakepat Menon is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹34.57 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 19.37 Cr
- Axis Bank Limited : 14.88 Cr
- Canara Bank. : 0.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2014 | Axis Bank Limited | ₹0.77 M | Satisfied |
| 15 Jul 2013 | Axis Bank Limited | ₹14.80 Cr | Satisfied |
| 01 Oct 2011 | Canara Bank | ₹0.29 M | Satisfied |
| 02 Jul 2010 | Canara Bank | ₹19.34 Cr | Satisfied |
| 29 May 2010 | Canara Bank. | ₹3.27 M | Satisfied |
How Many Employees Work at Prime Progression Export And Services?
Unlock and access historical data on people associated with Prime Progression Export And Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prime Progression Export And Services, 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 Prime Progression Export And Services's trajectory.
Rating
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
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.
Latest Updates, News, and FAQs on Prime Progression Export And Services
Recent activity within the organization
- Annual General Meeting
Prime Progression Export And Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prime Progression Export And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 15 Jul 2013 via Charge ID 10442306 with Axis Bank Limited was fully satisfied on 02 Mar 2017.
- Charges
A charge with Axis Bank Limited of Rs. 14.80 Cr registered on 15 Jul 2013 with Charge ID 10442306 was modified on 20 Aug 2016.
- Charges
A charge registered on 09 Sep 2014 via Charge ID 10523865 with Axis Bank Limited was fully satisfied on 04 Feb 2016.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.08 Cr with Charge ID 10523865 was registered on 09 Sep 2014.
Frequently asked questions
What is the Incorporation or founding date of Prime Progression Export And Services Private Limited?
Prime Progression Export And Services Private Limited was incorporated on 21 Jun 2005.
What is authorized share capital and paid-up capital of Prime Progression Export And Services Private Limited?
The authorized share capital of Prime Progression Export And Services Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.20 Cr.
Who are the current board members & directors of Prime Progression Export And Services Private Limited?
Currently 2 directors are associated with Prime Progression Export And Services Private Limited.
- Kizhakepat Achuthan Menon
- Neena Menon
What is the registered address of Prime Progression Export And Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prime Progression Export And Services Private Limited is No.323 Amulya Mansion 8Th Main 2Nd Cross Beml Layout Kundalahalli Main Road, India, Bangalore, Karnataka, 560066.
What is the corporate identification number (CIN) and company number of Prime Progression Export And Services Private Limited?
The corporate identification number (CIN) of Prime Progression Export And Services Private Limited is U51909KA2005PTC036595 and the company number is 036595 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prime Progression Export And Services Private Limited?
The Official website of Prime Progression Export And Services Private Limited is https://www.primeprogression.in
What has been the recent revenue trend for Prime Progression Export And Services Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Prime Progression Export And Services Private Limited has risen by 277.16%.
What change has been observed in the net worth of Prime Progression Export And Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Prime Progression Export And Services Private Limited has experienced an downturn of -0.34%.
When was the last Balance Sheet of Prime Progression Export And Services Private Limited filed with the ROC?
The most recent Balance Sheet for Prime Progression Export And Services Private Limited was filed with the ROC on 31 Mar 2024.
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