Progressive Castings Private Limited

Manufactures, sells, and trades iron and steel casting and by-products.

1994 | Nagpur, Maharashtra (India) | Active
Last Updated:

Progressive Castings Profile

Key Indicators

  • Authorised Capital ₹ 5.80 M
  • Paid Up Capital ₹ 3.82 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.94 M
  • Revenue Growth 1.32%
  • Profit Growth 30.73%
  • Ebitda 26.28%
  • Net Worth -15.18%
  • Total Assets 6.93%

About Progressive Castings

Progressive Castings Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 September 1994 and has a history of 30 years and six months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Manufacturing 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 5.80 M and a paid-up capital of Rs 3.82 M.

The company has closed loans amounting to ₹4.94 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Saurabh Agrawal and Divyam Agrawal serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899MH1994PTC193861

  • Company No.

    193861

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1994

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Progressive Castings Private Limited

Explore comprehensive data for Progressive Castings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Saurabh Agrawal Country flag representing In Director 23-Feb-2015Current
Divyam Agrawal Country flag representing In Director 01-Mar-2017Current

Financial Performance of Progressive Castings.

Progressive Castings Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.32% increase. The company also saw a substantial improvement in profitability, with a 30.73% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.18%.

Progressive Castings revenue growth over time
Progressive Castings 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
1.32%
Revenue from Operations
0.15%
Total Assets
6.93%
Profit or Loss
30.73%
Net Worth
-15.18%
EBITDA
26.28%

What is the Ownership and Shareholding Structure of Progressive Castings?

In 2020, Progressive Castings had a promoter holding of 54.00% and a public holding of 46.00%. 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

₹4.94 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 1995Canara Bank₹4.44 MSatisfied
17 Feb 1995Canara Bank₹0.50 MSatisfied

How Many Employees Work at Progressive Castings?

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

Employee growth trends for Progressive Castings Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Progressive Castings Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Progressive Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 31 Dec 1995 via Charge ID 90060821 with Canara Bank was fully satisfied on 21 Mar 2017.

  • Charges

    A charge registered on 17 Feb 1995 via Charge ID 90060596 with Canara Bank was fully satisfied on 21 Mar 2017.

  • Director Appointment

    Divyam Sanjay Agrawal was appointed as a Director was appointed as a Director on 01 Mar 2017 & has been associated with this company since 8 years 1 month .

  • Director Appointment

    Saurabh Sanjay Agrawal was appointed as a Director was appointed as a Director on 23 Feb 2015 & has been associated with this company since 10 years 2 months .

Frequently asked questions

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

    Progressive Castings Private Limited was incorporated on 28 Sep 1994.

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

    The authorized share capital of Progressive Castings Private Limited is ₹ 5.80 M and paid-up capital is ₹ 3.82 M.

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

    Currently 2 directors are associated with Progressive Castings Private Limited.

    • Saurabh Sanjay Agrawal
    • Divyam Sanjay Agrawal

  • What is the registered address of Progressive Castings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Castings Private Limited is 9 Imambada Road, India, Nagpur, Maharashtra, 440018.

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

    The corporate identification number (CIN) of Progressive Castings Private Limited is U74899MH1994PTC193861 and the company number is 193861 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Progressive Castings Private Limited has risen by 1.32%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Progressive Castings Private Limited has experienced an downturn of -15.18%.

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

    The most recent Balance Sheet for Progressive Castings Private Limited was filed with the ROC on 31 Mar 2024.

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