Prime Progression Global Commerce Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.24 M
- Company Age 4 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
- Revenue Growth -6.85%
- Profit Growth -3.70%
- Ebitda -64.44%
- Net Worth 1.36%
- Total Assets 6.84%
About Prime Progression Global Commerce
Prime Progression Global Commerce Private Limited (PPGCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 March 2020 (Four years and 11 months 10 days old ). Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.24 M.
The company currently has active open charges totaling ₹4.00 Cr.
The Key Managerial Personnel (KMP) at Prime Progression Global Commerce Private Limited India is Lakhani Shilpa as CFO. Kizhakepat Menon, Vijay Nair, Krishnamurthy Rajagopalan, and One other member serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36101KA2020PTC133397
- Company No.
133397
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2020
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Prime Progression Global Commerce?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Nair  | Managing Director | 21-May-2020 | Current |
| Lakhani Shilpa | CFO | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kizhakepat Menon | Whole-Time Director | 16-Mar-2020 | Current |
| Krishnamurthy Rajagopalan | Director | 16-Feb-2023 | Current |
| Haridas Sajit | Director | 16-Feb-2023 | Current |
Financial Performance of Prime Progression Global Commerce.
Prime Progression Global Commerce Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.85% decrease. The company also saw a slight decrease in profitability, with a 3.7% decrease in profit. The company's net worth moved up by a moderate rise of 1.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Prime Progression Global Commerce?
In 2023, Prime Progression Global Commerce had a promoter holding of 31.44% and a public holding of 68.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prime Progression Export And Services Private LimitedKizhakepat Menon is a mutual person
Prime Progression Trading Services Private LimitedKizhakepat Menon is a mutual person
Prime Progression Packaging Private LimitedKizhakepat Menon and Vijay Nair are mutual person
_PRIVATE_LIMITED.webp)
Tensator Private LimitedVijay Nair is a mutual person
Charges (Loans)
₹40.00 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2021 | Axis Bank Limited | ₹4.00 Cr | Open |
How Many Employees Work at Prime Progression Global Commerce?
Prime Progression Global Commerce has a workforce of 20 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prime Progression Global Commerce, 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 Global Commerce'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.
