Progress Micro Credit Limited.
Provides microfinance services to alleviate poverty and promote economic well-being of urban and rural poor.
2013 | Darbhanga, Bihar (India) | Active
Progress Micro Credit Profile
Key Indicators
- Paid Up Capital ₹ 0.10 M
- Company Age 11 Year, 7 Months
- Last Filing with ROC 31 Mar 2016
- Revenue Growth %
- Profit Growth -918.40%
- Ebitda -918.40%
- Net Worth 3.47%
- Total Assets 3.47%
About Progress Micro Credit
Progress Micro Credit Limited. (PMCL) is a Public Not For Profit Company incorporated in India on 31 July 2013 and has a history of 11 years and seven months. Its registered office is in Darbhanga, Bihar, India.
The Corporate was formerly known as Tory Micro Credit Limited. 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 2016. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Ajoy Das, Sanjay Srivastava, Suresh Kumar, and Three other members serve as directors at the Company.
Company Details
- Location
Darbhanga, Bihar, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992BR2013NPL020852
- Company No.
020852
- Company Classification
Public Not For Profit Company
- Incorporation Date
31 Jul 2013
- Date of AGM
30 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Patna
Industry
Financial Services
Who are the key members and board of directors at Progress Micro Credit?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Srivastava  | Director | 20-Nov-2016 | Current |
| Ajoy Das | Director | 31-Jul-2013 | Current |
| Suresh Kumar | Director | 20-Nov-2016 | Current |
| Murari Srivastava | Director | 20-Nov-2016 | Current |
| Bikash Howlader | Director | 31-Jul-2013 | Current |
| Souvik Mistry | Director | 31-Jul-2013 | Current |
Financial Performance of Progress Micro Credit.
Progress Micro Credit Limited., for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 918.4% decrease in profit. The company's net worth moved up by a moderate rise of 3.47%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Progress Micro Credit?
Unlock access to Progress Micro Credit'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.
Related Corporates (Common Directorship)
- Progress Vintrade Private Limited
Ajoy Das, Bikash Howlader and 1 more are mutual person
- Progress Producer Company Limited
Ajoy Das and Murari Srivastava are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Progress Micro Credit?
Unlock and access historical data on people associated with Progress Micro Credit, 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 Progress Micro Credit, 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 Progress Micro Credit's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Progress Micro Credit
Recent activity within the organization
- Director Appointment
Sanjay Kumar Srivastava was appointed as a Director was appointed as a Director on 20 Nov 2016 & has been associated with this company since 8 years 3 months .
- Director Appointment
Suresh Kumar was appointed as a Director was appointed as a Director on 20 Nov 2016 & has been associated with this company since 8 years 3 months .
- Director Appointment
Murari Kumar Srivastava was appointed as a Director was appointed as a Director on 20 Nov 2016 & has been associated with this company since 8 years 3 months .
- Annual General Meeting
Progress Micro Credit Limited. last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
- Balance Sheet
Progress Micro Credit Limited. has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Patna.
- Director Appointment
Ajoy Das was appointed as a Director was appointed as a Director on 31 Jul 2013 & has been associated with this company since 11 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Progress Micro Credit Limited.?
Progress Micro Credit Limited. was incorporated on 31 Jul 2013.
What is authorized share capital and paid-up capital of Progress Micro Credit Limited.?
The authorized share capital of Progress Micro Credit Limited. is ₹ 0.00 and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Progress Micro Credit Limited.?
Currently 6 directors are associated with Progress Micro Credit Limited..
- Ajoy Das
- Sanjay Kumar Srivastava
- Suresh Kumar
- Murari Kumar Srivastava
- Bikash Howlader
- Souvik Mistry
What is the registered address of Progress Micro Credit Limited.?
As per Ministry of Corporate Affairs (Mca), the registered address of Progress Micro Credit Limited. is Sadullahapur Town /Vill-Sadullahapur Anchal-Bisfi, Distt:- India, Madhubani, Bihar, 847122.
What is the corporate identification number (CIN) and company number of Progress Micro Credit Limited.?
The corporate identification number (CIN) of Progress Micro Credit Limited. is U65992BR2013NPL020852 and the company number is 020852 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Progress Micro Credit Limited., and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Progress Micro Credit Limited. has experienced an upsurge of 3.47%.
When was the last Balance Sheet of Progress Micro Credit Limited. filed with the ROC?
The most recent Balance Sheet for Progress Micro Credit Limited. was filed with the ROC on 31 Mar 2016.