Progress Precast India Private Limited

Manufactures and trades customized precast machinery and provides consulting and after-sales support services.

2019 | Delhi (India) | Active
Last Updated: December 17, 2024

Progress Precast India Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 228.99%
  • Profit Growth -64.70%
  • Ebitda -6.35%
  • Net Worth 4.06%
  • Total Assets 25.36%

About Progress Precast India

Progress Precast India Private Limited (PPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 2019 (Five years and nine months 19 days old ). Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.40 Cr and a paid-up capital of Rs 9.50 M, as per Ministry of Corporate Affairs (MCA) records.

Kushal Jani and Michael Schoepp serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2019PTC349700

  • Company No.

    349700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2019

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

Who are the key members and board of directors at Progress Precast India?

Board Members (2)

NameDesignationAppointment DateStatus
Kushal Jani Country flag representing In Director 14-Aug-2019Current
Michael Schoepp Country flag representing De Director 14-Aug-2019Current

Financial Performance of Progress Precast India.

Progress Precast India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 228.99% increase. The company also saw a substantial fall in profitability, with a 64.7% decrease in profit. The company's net worth moved up by a moderate rise of 4.06%.

Graph illustrating revenue growth over time
Graph showing 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
228.99%
Revenue from Operations
220.19%
Total Assets
25.36%
Profit or Loss
-64.70%
Net Worth
4.06%
EBITDA
-6.35%

What is the Ownership and Shareholding Structure of Progress Precast India?

In 2023, Progress Precast India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Progress Precast India?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progress Precast India, 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 Precast India'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 Progress Precast India

Recent activity within the organization

  • Annual General Meeting

    Progress Precast India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Progress Precast India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Kushal Kirankumar Jani was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 6 months .

    14 Aug 2019

  • Director Appointment

    Michael Schoepp was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 6 months .

    14 Aug 2019

  • Company Incorporation

    Progress Precast India Private Limited was registered on 07 May 2019 with Roc Delhi & aged 5 years 9 months as per MCA records.

    07 May 2019

Frequently asked questions

  • Progress Precast India Private Limited was incorporated on 07 May 2019.

  • The authorized share capital of Progress Precast India Private Limited is ₹ 1.40 Cr and paid-up capital is ₹ 9.50 M.

  • Currently 2 directors are associated with Progress Precast India Private Limited.

    • Kushal Kirankumar Jani
    • Michael Schoepp
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progress Precast India Private Limited is C-585 Basement, Z-110 Defence Colony India, New Delhi, 110024.

  • The corporate identification number (CIN) of Progress Precast India Private Limited is U51909DL2019PTC349700 and the company number is 349700 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progress Precast India Private Limited has risen by 228.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progress Precast India Private Limited has experienced an upsurge of 4.06%.

  • The most recent Balance Sheet for Progress Precast India Private Limited was filed with the ROC on 31 Mar 2024.

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