Progen Systems And Technologies Limited

Manufactures heat exchangers, pressure vessels, and other industrial components.

1994 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Progen Systems And Technologies Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.10 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 522.00 Cr
  • Revenue Growth -12.00%
  • Profit Growth 10.62%
  • Ebitda 68.74%
  • Net Worth 1.59%
  • Total Assets 1.61%

About Progen Systems And Technologies

Progen Systems And Technologies Limited (PSATL) is a Public Limited Indian Non-Government Company incorporated in India on 27 January 1994 and has a history of 31 years and one month. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Petrodyne Process Technologies Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.10 Cr.

The company has closed loans amounting to ₹522.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Priyadershini Raghupathy, Krishnarajapuram Purandarnath, and Raghunatha Rao serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bgrcorp.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29141TN1994PLC026639

  • Company No.

    026639

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Progen Systems And Technologies Limited offer?

Progen Systems And Technologies Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Work, Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts, Deaerator, Wire Accessories, Electrical Wiring Accessories, Calibration Services, Balancing Services, Finned Tubes.

Who are the key members and board of directors at Progen Systems And Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Priyadershini Raghupathy Country flag representing In Director 28-Jul-2020Current
Krishnarajapuram Purandarnath Country flag representing In Director 01-Apr-2024Current
Raghunatha Rao Country flag representing In Director 03-Aug-2023Current

Financial Performance of Progen Systems And Technologies.

Progen Systems And Technologies Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 12% decrease. The company also saw a substantial improvement in profitability, with a 10.62% increase in profit. The company's net worth moved up by a moderate rise of 1.59%.

Progen Systems And Technologies revenue growth over time
Progen Systems And Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.00%
Revenue from Operations
Total Assets
1.61%
Profit or Loss
10.62%
Net Worth
1.59%
EBITDA
68.74%

What is the Ownership and Shareholding Structure of Progen Systems And Technologies?

In 2021, Progen Systems And Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹522.00 Cr

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 500.00 Cr
  • Indian Overseas Bank : 15.00 Cr
  • Uti Bank Ltd. : 5.00 Cr
  • Icici Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2015Syndicate Bank₹500.00 CrSatisfied
12 Jul 2011Indian Overseas Bank₹6.00 CrSatisfied
30 Mar 2006Indian Overseas Bank₹4.00 CrSatisfied
25 Jul 2005Uti Bank Ltd.₹5.00 CrSatisfied
31 Mar 2005Indian Overseas Bank₹5.00 CrSatisfied

How Many Employees Work at Progen Systems And Technologies?

Unlock and access historical data on people associated with Progen Systems And Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Progen Systems And Technologies Limited

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Systems And Technologies

Recent activity within the organization

  • Annual General Meeting

    Progen Systems And Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Krishnarajapuram Nanjappa Purandarnath was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 11 months 3 days .

  • Balance Sheet

    Progen Systems And Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Raghunatha Rao Easwar Rao was appointed as a Director was appointed as a Director on 03 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Priyadershini Raghupathy was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 7 months .

  • Charges

    A charge registered on 16 Mar 2015 via Charge ID 10560244 with Syndicate Bank was fully satisfied on 17 Jun 2020.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Progen Systems And Technologies Limited?

    Progen Systems And Technologies Limited was incorporated on 27 Jan 1994.

  • What is authorized share capital and paid-up capital of Progen Systems And Technologies Limited?

    The authorized share capital of Progen Systems And Technologies Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.10 Cr.

  • Who are the current board members & directors of Progen Systems And Technologies Limited?

    Currently 3 directors are associated with Progen Systems And Technologies Limited.

    • Priyadershini Raghupathy
    • Krishnarajapuram Nanjappa Purandarnath
    • Raghunatha Rao Easwar Rao

  • What is the registered address of Progen Systems And Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progen Systems And Technologies Limited is Kurios Software Park Third Floor Plot No. 24 2Nd Cross Street, Industrial Estate India, Ambattur, Tamil Nadu, 600058.

  • What is the corporate identification number (CIN) and company number of Progen Systems And Technologies Limited?

    The corporate identification number (CIN) of Progen Systems And Technologies Limited is U29141TN1994PLC026639 and the company number is 026639 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Progen Systems And Technologies Limited?

    The Official website of Progen Systems And Technologies Limited is https://www.bgrcorp.com

  • What has been the recent revenue trend for Progen Systems And Technologies Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Progen Systems And Technologies Limited has fallen by -12.00%.

  • What change has been observed in the net worth of Progen Systems And Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Progen Systems And Technologies Limited has experienced an upsurge of 1.59%.

  • When was the last Balance Sheet of Progen Systems And Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Progen Systems And Technologies Limited was filed with the ROC on 31 Mar 2024.

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