Progas Systems Private Limited

Progas Systems Private Limited

Manufacturer of industrial gas handling equipment and provider of onsite installation and commissioning services.

2013 Vasai, Maharashtra (India) Active

About

Basic Data Updated:

3 months ago
Progas Systems Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 September 2013 and has a history of 11 years. Its registered office is in Vasai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 20.00 Lakh and a paid-up capital of Rs 10.00 Lakh.

The Corporate currently has active open charges totaling ₹1.74 cr. It has already closed loans amounting to ₹75.00 Lakh, as per the Ministry of Corporate Affairs (MCA) records.

Sandeep Balasubramanian and Shantilal Baldota serve as directors at the Company.

Industry

Company Details

  • Location

    Vasai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU28100MH2013PTC247777
Company No.247777
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date02 Sep 2013
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Products or Services related to Progas Systems Private Limited

Ball Valves

Two Piece Ball Valve

W.C. Sampling Cylinder

Lab Accessories

Nitrogen Cylinder

Gas Cylinders

Gas Handling Equipments

Fuel Handling System

product
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Progas Systems Private Limited offers a wide range of products and services, including: Ball Valves, Two Piece Ball Valve, Laboratory & Lab Equipment, Lab Accessories, Gas Cylinders and Accessories, Gas Cylinders, Material Handling Machines & Systems, Fuel Handling System, Industrial Valves & Valve Fittings, Manifold Valves.

Financials of Progas Systems Private Limited

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Progas Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 61.07% increase. The company also saw a slight improvement in profitability, with a 6.26% increase in profit. The company's net worth Soared by an impressive increase of 22.07%.

Corporate Structure

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Unlock access to Progas Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Progas Systems Private Limited

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹174.00 Lakh

₹75.00 Lakh

LenderAmountStatus

Others

Creation Date: 20 Apr 2022
₹1.70 CrOpen

Bank Of India

Creation Date: 15 Jun 2020
₹0.40 MOpen

Bank Of India

Creation Date: 28 May 2018
₹7.50 MSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Progas Systems, 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 Progas Systems's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Progas Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Progas Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others of Rs. 170.00 Lakh registered on 20 Apr 2022 with Charge ID 100561877 was modified on 16 Dec 2022.

    16 Dec 2022
  • Activity

    Charges

    A charge with Others amounted to Rs. 170.00 Lakh with Charge ID 100561877 was registered on 20 Apr 2022.

    20 Apr 2022
  • Activity

    Charges

    A charge registered on 28 May 2018 via Charge ID 100185069 with Bank Of India was fully satisfied on 23 Mar 2022.

    23 Mar 2022

Frequently asked questions

What is the Incorporation or founding date of Progas Systems Private Limited?

Progas Systems Private Limited was incorporated 11 years 21 days ago on 02 Sep 2013 with Registrar of Companies Roc Mumbai.

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