Progen Renewables Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 1.87 M
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.30 Cr
- Revenue Growth 617.50%
- Profit Growth 1549.28%
- Ebitda -13061.67%
- Net Worth 667.87%
- Total Assets 895.22%
About Progen Renewables
Progen Renewables Private Limited (PRPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2017 (Seven years and three months 8 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Energy And Power 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 17.00 Cr and a paid-up capital of Rs 1.87 M.
The company currently has active open charges totaling ₹5.30 Cr.
Alfred Antony, Arvind Jain, and Veena Jose serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909TZ2017PTC029803
- Company No.
029803
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Energy and Power
What products or services does Progen Renewables Private Limited offer?
Progen Renewables Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Environment Protection & Auditing, EHS Audit, Solar Inverter, Repair & Maintenance Services, Plant Maintenance Services.
Who are the key members and board of directors at Progen Renewables?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Jain  | Director | 13-Jun-2023 | Current |
| Alfred Antony | Director | 01-Nov-2023 | Current |
| Veena Jose | Director | 21-Dec-2017 | Current |
Financial Performance of Progen Renewables.
Progen Renewables Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 617.5% increase. The company also saw a substantial improvement in profitability, with a 1549.28% increase in profit. The company's net worth Soared by an impressive increase of 667.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progen Renewables?
In 2022, Progen Renewables 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)
Algen Systems Private LimitedAlfred Antony is a mutual person
- Soliox Technologies Private Limited
Alfred Antony is a mutual person
- Krynn Jewels And Diamonds Llp
Arvind Jain is a mutual person
- Maanvi Solar Private Limited
Arvind Jain is a mutual person
- Ashirvad Green Energy Private Limited
Veena Jose is a mutual person
Charges (Loans)
Open Charges
₹5.30 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 5.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹5.00 Cr | Open |
| 17 Dec 2022 | Others | ₹2.31 M | Open |
| 01 Oct 2021 | Others | ₹0.70 M | Open |
How Many Employees Work at Progen Renewables?
Progen Renewables has a workforce of 20 employees as of Apr 08, 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 Progen Renewables, 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 Progen Renewables'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 Progen Renewables
Recent activity within the organization
- Annual General Meeting
Progen Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Progen Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Director Appointment
Alfred Vinod Antony was appointed as a Director was appointed as a Director on 01 Nov 2023 & has been associated with this company since 1 year 4 months .
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100784196 was registered on 15 Sep 2023.
- Director Appointment
Arvind Jain was appointed as a Director was appointed as a Director on 13 Jun 2023 & has been associated with this company since 1 year 9 months .
- Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100657832 was registered on 17 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Progen Renewables Private Limited?
Progen Renewables Private Limited was incorporated on 21 Dec 2017.
What is authorized share capital and paid-up capital of Progen Renewables Private Limited?
The authorized share capital of Progen Renewables Private Limited is ₹ 17.00 Cr and paid-up capital is ₹ 1.87 M.
Who are the current board members & directors of Progen Renewables Private Limited?
Currently 3 directors are associated with Progen Renewables Private Limited.
- Alfred Vinod Antony
- Arvind Jain
- Veena Jose
What is the registered address of Progen Renewables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Progen Renewables Private Limited is 87 A First Floor Sathy Road Muniappan Koil Street, India, Coimbatore North, Tamil Nadu, 641006.
What is the corporate identification number (CIN) and company number of Progen Renewables Private Limited?
The corporate identification number (CIN) of Progen Renewables Private Limited is U31909TZ2017PTC029803 and the company number is 029803 as per Ministry of Corporate Affairs (MCA).
What is the official website of Progen Renewables Private Limited?
The Official website of Progen Renewables Private Limited is https://www.progenenergy.com
What has been the recent revenue trend for Progen Renewables Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Progen Renewables Private Limited has risen by 617.50%.
How many employees does Progen Renewables Private Limited currently have?
As Per 2022 financial reports, 20 employees are currently employed by Progen Renewables Private Limited.
What change has been observed in the net worth of Progen Renewables Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Progen Renewables Private Limited has experienced an upsurge of 667.87%.
What are the total open charges for Progen Renewables Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Progen Renewables Private Limited amount to ₹ 5.30 Cr.
When was the last Balance Sheet of Progen Renewables Private Limited filed with the ROC?
The most recent Balance Sheet for Progen Renewables Private Limited was filed with the ROC on 31 Mar 2024.
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