Progressive Automotives Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.78 Cr
- Company Age 15 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
- Revenue Growth 9.47%
- Profit Growth -87.81%
- Ebitda -85.87%
- Net Worth 12.74%
- Total Assets 13.79%
About Progressive Automotives
Progressive Automotives Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 2009 and has a history of 15 years and eight months. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.
The Company is engaged in the Automotive 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 1.78 Cr.
The company currently has active open charges totaling ₹5.00 M.
Pranab Dutta and Sarat Dutta serve as directors at the Company.
Company Details
- Location
Seraikela-Kharsawan, Jharkhand, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29253JH2009PTC013621
- Company No.
013621
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jharkhand
Industry
Automotive
What products or services does Progressive Automotives Private Limited offer?
Progressive Automotives Private Limited offers a wide range of products and services, including Control Switch, Foot Switches, Motor Switches, Ignition Switches, Automotive Switches, Combination Switches, Switches & Switch Boxes, Rocker Switch, Rotary Switch, Batteries & Charge Storage Devices.
Progressive Automotives Private Limited
Explore comprehensive data for Progressive Automotives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Progressive Automotives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pranab Dutta  | Director | 16-Jun-2009 | Current |
| Sarat Dutta | Director | 16-Jun-2009 | Current |
Financial Performance of Progressive Automotives.
Progressive Automotives Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.47% increase. The company also saw a substantial fall in profitability, with a 87.81% decrease in profit. The company's net worth Soared by an impressive increase of 12.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Progressive Automotives?
Unlock access to Progressive Automotives'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)
Jubile Engineering Private LimitedPranab Dutta is a mutual person
Charges (Loans)
Open Charges
₹0.50 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2021 | Others | ₹5.00 M | Open |
How Many Employees Work at Progressive Automotives?
Progressive Automotives has a workforce of 6 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progressive Automotives, 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 Automotives'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 Progressive Automotives
Recent activity within the organization
- Annual General Meeting
Progressive Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Progressive Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.
- Charges
A charge with Others of Rs. 0.50 Cr registered on 29 Sep 2021 with Charge ID 100489230 was modified on 25 May 2022.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100489230 was registered on 29 Sep 2021.
- Director Appointment
Pranab Dutta was appointed as a Director was appointed as a Director on 16 Jun 2009 & has been associated with this company since 15 years 8 months .
- Director Appointment
Sarat Chandra Dutta was appointed as a Director was appointed as a Director on 16 Jun 2009 & has been associated with this company since 15 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Progressive Automotives Private Limited?
Progressive Automotives Private Limited was incorporated on 16 Jun 2009.
What is authorized share capital and paid-up capital of Progressive Automotives Private Limited?
The authorized share capital of Progressive Automotives Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.78 Cr.
Who are the current board members & directors of Progressive Automotives Private Limited?
Currently 2 directors are associated with Progressive Automotives Private Limited.
- Pranab Dutta
- Sarat Chandra Dutta
What is the registered address of Progressive Automotives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Automotives Private Limited is Plot No-08 Opposite Rsb-11 7Th Phase Prakash Industrial Park Adityapur, Sera Ikela India, Jamshedpur, Jharkhand, 832109.
What is the corporate identification number (CIN) and company number of Progressive Automotives Private Limited?
The corporate identification number (CIN) of Progressive Automotives Private Limited is U29253JH2009PTC013621 and the company number is 013621 as per Ministry of Corporate Affairs (MCA).
What is the official website of Progressive Automotives Private Limited?
The Official website of Progressive Automotives Private Limited is https://www.peco.co.in
What has been the recent revenue trend for Progressive Automotives Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Progressive Automotives Private Limited has risen by 9.47%.
How many employees does Progressive Automotives Private Limited currently have?
As Per 2022 financial reports, 6 employees are currently employed by Progressive Automotives Private Limited.
What change has been observed in the net worth of Progressive Automotives Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Progressive Automotives Private Limited has experienced an upsurge of 12.74%.
What are the total open charges for Progressive Automotives Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Progressive Automotives Private Limited amount to ₹ 5.00 M.
When was the last Balance Sheet of Progressive Automotives Private Limited filed with the ROC?
The most recent Balance Sheet for Progressive Automotives Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records