Progressive Alcobev Distributors Private Limited

Alcohol and beverage trading company based in Mumbai, Maharashtra.

2011 | Navi Mumbai, Maharashtra (India) | Active
Last Updated:

Progressive Alcobev Distributors Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.47 Cr
  • Satisfied Charges ₹ 20.50 Cr
  • Revenue Growth 23.91%
  • Profit Growth 216.45%
  • Ebitda 98.96%
  • Net Worth 1.47%
  • Total Assets 17.19%

About Progressive Alcobev Distributors

Progressive Alcobev Distributors Private Limited (PADPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2011 and has a history of 14 years and one month. Its registered office is in Navi Mumbai, Maharashtra.

The Company is engaged in the Food And Beverages 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 1.50 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹23.47 Cr. The company has closed loans amounting to ₹20.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohit Karira, Tushant Karira, Monish Karira, and One other member serve as directors at the Company.

Company Details

  • Location Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2011PTC214013

  • Company No.

    214013

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

Who are the key members and board of directors at Progressive Alcobev Distributors?

Board Members (4)

NameDesignationAppointment DateStatus
Tushant Karira Country flag representing In Additional Director 10-Jan-2022Current
Rohit Karira Country flag representing In Additional Director 10-Jan-2022Current
Monish Karira Country flag representing In Additional Director 04-Feb-2022Current
Vinay Karira Country flag representing In Additional Director 04-Feb-2022Current

Financial Performance of Progressive Alcobev Distributors.

Progressive Alcobev Distributors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.91% increase. The company also saw a substantial improvement in profitability, with a 216.45% increase in profit. The company's net worth moved up by a moderate rise of 1.47%.

Progressive Alcobev Distributors revenue growth over time
Progressive Alcobev Distributors 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
23.91%
Revenue from Operations
24.08%
Total Assets
17.19%
Profit or Loss
216.45%
Net Worth
1.47%
EBITDA
98.96%

What is the Ownership and Shareholding Structure of Progressive Alcobev Distributors?

In 2023, Progressive Alcobev Distributors 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

₹23.47 Cr

Satisfied Charges

₹20.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.47 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2023Others₹5.50 CrOpen
19 Jul 2022Others₹2.49 CrOpen
28 May 2022Others₹2.49 CrOpen
08 May 2019Others₹13.00 CrOpen
26 Feb 2015Aditya Birla Finance Limited₹4.00 CrSatisfied

How Many Employees Work at Progressive Alcobev Distributors?

Progressive Alcobev Distributors has a workforce of 15 employees as of Apr 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Progressive Alcobev Distributors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Alcobev Distributors, 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 Alcobev Distributors'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 Alcobev Distributors

Recent activity within the organization

  • Annual General Meeting

    Progressive Alcobev Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Progressive Alcobev Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100703656 was registered on 24 Mar 2023.

  • Charges

    A charge with Others of Rs. 13.00 Cr registered on 08 May 2019 with Charge ID 100264666 was modified on 24 Jan 2023.

  • Charges

    A charge with Others of Rs. 2.49 Cr registered on 19 Jul 2022 with Charge ID 100615178 was modified on 11 Oct 2022.

  • Charges

    A charge with Others amounted to Rs. 2.49 Cr with Charge ID 100615178 was registered on 19 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Progressive Alcobev Distributors Private Limited?

    Progressive Alcobev Distributors Private Limited was incorporated on 24 Feb 2011.

  • What is authorized share capital and paid-up capital of Progressive Alcobev Distributors Private Limited?

    The authorized share capital of Progressive Alcobev Distributors Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.16 Cr.

  • Who are the current board members & directors of Progressive Alcobev Distributors Private Limited?

    Currently 4 directors are associated with Progressive Alcobev Distributors Private Limited.

    • Rohit Udhavdas Karira
    • Tushant Udhavdas Karira
    • Monish Sunder Karira
    • Vinay Sunder Karira

  • What is the registered address of Progressive Alcobev Distributors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Alcobev Distributors Private Limited is Flat No.101 Plot No. 4A 4B Sec-26 Progressive Viva, Vashi India, Navi Mumbai, Maharashtra, 400705.

  • What is the corporate identification number (CIN) and company number of Progressive Alcobev Distributors Private Limited?

    The corporate identification number (CIN) of Progressive Alcobev Distributors Private Limited is U74120MH2011PTC214013 and the company number is 214013 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Progressive Alcobev Distributors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Alcobev Distributors Private Limited has risen by 23.91%.

  • How many employees does Progressive Alcobev Distributors Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Progressive Alcobev Distributors Private Limited.

  • What change has been observed in the net worth of Progressive Alcobev Distributors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Alcobev Distributors Private Limited has experienced an upsurge of 1.47%.

  • What are the total open charges for Progressive Alcobev Distributors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Progressive Alcobev Distributors Private Limited amount to ₹ 23.47 Cr.

  • When was the last Balance Sheet of Progressive Alcobev Distributors Private Limited filed with the ROC?

    The most recent Balance Sheet for Progressive Alcobev Distributors Private Limited was filed with the ROC on 31 Mar 2023.

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