Progression Industries Private Limited
Manufacturer of hair dye, color, soaps, detergents, shampoos, cosmetics, perfumes, and other beauty products.
2003 | Mumbai, Maharashtra (India) | Active
Progression Industries Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 21 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.24 Cr
- Satisfied Charges ₹ 8.69 Cr
- Revenue Growth -18.29%
- Profit Growth -65.82%
- Ebitda -53.92%
- Net Worth 4.56%
- Total Assets 8.97%
About Progression Industries
Progression Industries Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2003 and has a history of 21 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Fmcg 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 2.00 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹3.24 Cr. The company has closed loans amounting to ₹8.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pramod Khanna, Uraaz Santosh, and Santosh Jagannath serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24240MH2003PTC141092
- Company No.
141092
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Jun 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
FMCG
Who are the key members and board of directors at Progression Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramod Khanna  | Director | 13-Jun-2003 | Current |
| Uraaz Santosh | Director | 01-Oct-2012 | Current |
| Santosh Jagannath | Director | 14-Feb-2005 | Current |
Financial Performance of Progression Industries.
Progression Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.29% decrease. The company also saw a substantial fall in profitability, with a 65.82% decrease in profit. The company's net worth moved up by a moderate rise of 4.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Progression Industries?
In 2021, Progression Industries 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)
Ngp Industries Private LimitedSantosh Jagannath is a mutual person
- Dragon Consumer Products Private Limited
Pramod Khanna, Uraaz Santosh and 1 more are mutual person
- Paramount Dyes And Chemicals Pvt Ltd
Pramod Khanna is a mutual person
- Light House Consumer Products Llp
Uraaz Santosh and Santosh Jagannath are mutual person
- Caroa Properties Llp
Uraaz Santosh is a mutual person
- Excelsior Properties Llp
Uraaz Santosh and Santosh Jagannath are mutual person
Charges (Loans)
Open Charges
₹3.24 Cr
Satisfied Charges
₹8.69 Cr
Charges Breakdown by Lending Institutions
- Others : 3.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2020 | Others | ₹1.79 M | Open |
| 28 Oct 2016 | Others | ₹3.06 Cr | Open |
| 31 Jan 2014 | Axis Bank Limited | ₹2.90 Cr | Satisfied |
| 29 Mar 2012 | Axis Bank Limited | ₹3.90 Cr | Satisfied |
| 07 May 2005 | Axis Bank Limited | ₹1.89 Cr | Satisfied |
How Many Employees Work at Progression Industries?
Unlock and access historical data on people associated with Progression Industries, 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 Progression Industries, 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 Progression Industries'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 Progression Industries
Recent activity within the organization
- Annual General Meeting
Progression Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Progression Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100352815 was registered on 02 Jul 2020.
- Charges
A charge registered on 31 Jan 2014 via Charge ID 10484372 with Axis Bank Limited was fully satisfied on 21 Jun 2017.
- Charges
A charge registered on 29 Mar 2012 via Charge ID 10350422 with Axis Bank Limited was fully satisfied on 21 Jun 2017.
- Charges
A charge registered on 07 May 2005 via Charge ID 80044872 with Axis Bank Limited was fully satisfied on 21 Jun 2017.
Frequently asked questions
What is the Incorporation or founding date of Progression Industries Private Limited?
Progression Industries Private Limited was incorporated on 13 Jun 2003.
What is authorized share capital and paid-up capital of Progression Industries Private Limited?
The authorized share capital of Progression Industries Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Progression Industries Private Limited?
Currently 3 directors are associated with Progression Industries Private Limited.
- Pramod Kishanchand Khanna
- Uraaz Bahl Santosh
- Santosh Bahl Jagannath
What is the registered address of Progression Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Progression Industries Private Limited is 154 Maker Chamber Iii, 15Th Floor Nariman Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Progression Industries Private Limited?
The corporate identification number (CIN) of Progression Industries Private Limited is U24240MH2003PTC141092 and the company number is 141092 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Progression Industries Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Progression Industries Private Limited has fallen by -18.29%.
What change has been observed in the net worth of Progression Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Progression Industries Private Limited has experienced an upsurge of 4.56%.
What are the total open charges for Progression Industries Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Progression Industries Private Limited amount to ₹ 3.24 Cr.
When was the last Balance Sheet of Progression Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Progression Industries Private Limited was filed with the ROC on 31 Mar 2024.