Progressive Air Products Pvt Ltd

Manufactures oxygen, carbon, and nitrogen since 1997 in Rajasthan.

1997 | Sikar, Rajasthan (India) | Active
Last Updated: December 26, 2024

Progressive Air Products Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.35 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.86 Cr
  • Revenue Growth -2.41%
  • Profit Growth 108.42%
  • Ebitda 39.40%
  • Net Worth 0.47%
  • Total Assets -8.41%

About Progressive Air Products

Progressive Air Products Pvt Ltd (PAPPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 February 1997 and has a history of 27 years and 11 months. Its registered office is in Sikar, Rajasthan, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.35 Cr.

The company has closed loans amounting to ₹1.86 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mukesh Mehla, Bhanwar Singh, and Jhabar Chaudhary serve as directors at the Company.

Company Details

  • Location

    Sikar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40200RJ1997PTC066823

  • Company No.

    066823

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Chemicals and Materials

Who are the key members and board of directors at Progressive Air Products?

Board Members (3)

Name Designation Appointment Date Status
Mukesh Mehla Country flag representing In Director 19-Feb-2019 Current
Bhanwar Singh Country flag representing In Director 25-Feb-2007 Current
Jhabar Chaudhary Country flag representing In Director 06-Feb-1997 Current

Financial Performance of Progressive Air Products.

Progressive Air Products Pvt Ltd, for the financial year ended 2017, experienced Minor drop in revenue, with a 2.41% decrease. The company also saw a substantial improvement in profitability, with a 108.42% increase in profit. The company's net worth moved up by a moderate rise of 0.47%.

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
-2.41%
Revenue from Operations
-2.05%
Total Assets
-8.41%
Profit or Loss
108.42%
Net Worth
0.47%
EBITDA
39.40%

What is the Ownership and Shareholding Structure of Progressive Air Products?

In 2017, Progressive Air Products 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

₹1.86 Cr

Charges Breakdown by Lending Institutions

  • Rajasthan Financial Corporation : 1.76 Cr
  • Syndicate Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 2012 Rajasthan Financial Corporation ₹1.76 Cr Satisfied
19 Nov 2009 Syndicate Bank ₹1.00 M Satisfied

How Many Employees Work at Progressive Air Products?

Unlock and access historical data on people associated with Progressive Air Products, 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 Progressive Air Products, 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 Progressive Air Products'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 Progressive Air Products

Recent activity within the organization

  • Annual General Meeting

    Progressive Air Products Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Progressive Air Products Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge registered on 19 Nov 2009 via Charge ID 10194363 with Syndicate Bank was fully satisfied on 03 Jan 2020.

    03 Jan 2020

  • Charges

    A charge registered on 19 Jun 2012 via Charge ID 10369420 with Rajasthan Financial Corporation was fully satisfied on 15 May 2019.

    15 May 2019

  • Director Appointment

    Mukesh Kumar Mehla was appointed as a Director was appointed as a Director on 19 Feb 2019 & has been associated with this company since 5 years 11 months .

    19 Feb 2019

  • Charges

    A charge with Rajasthan Financial Corporation amounted to Rs. 1.76 Cr with Charge ID 10369420 was registered on 19 Jun 2012.

    19 Jun 2012

Frequently asked questions

  • Progressive Air Products Pvt Ltd was incorporated on 06 Feb 1997.

  • The authorized share capital of Progressive Air Products Pvt Ltd is ₹ 4.00 Cr and paid-up capital is ₹ 3.35 Cr.

  • Currently 3 directors are associated with Progressive Air Products Pvt Ltd.

    • Mukesh Kumar Mehla
    • Bhanwar Singh
    • Jhabar Mal Chaudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Air Products Pvt Ltd is Sp-172 Sks Reco Rongus, Jila India, Sikar, Rajasthan, 332001.

  • The corporate identification number (CIN) of Progressive Air Products Pvt Ltd is U40200RJ1997PTC066823 and the company number is 066823 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Progressive Air Products Pvt Ltd has fallen by -2.41%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Progressive Air Products Pvt Ltd has experienced an upsurge of 0.47%.

  • The most recent Balance Sheet for Progressive Air Products Pvt Ltd was filed with the ROC on 31 Mar 2023.

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