Progressive Castings Profile
Key Indicators
- Authorised Capital ₹ 5.80 M
- Paid Up Capital ₹ 3.82 M
- Company Age 30 Year, 4 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 four 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
Who are the key members and board of directors at Progressive Castings?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saurabh Agrawal  | Director | 23-Feb-2015 | Current |
| Divyam Agrawal | Director | 01-Mar-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Varron Autokast LimitedSaurabh Agrawal and Divyam Agrawal are mutual person
Daivya Aahar Private LimitedSaurabh Agrawal and Divyam Agrawal are mutual person
Sanvijay Rolling And Engineering LimitedSaurabh Agrawal is a mutual person
- Sunrise Structurals And Engineering Pvt Ltd
Saurabh Agrawal is a mutual person
- Sanvijay Infrastructures Private Limited
Saurabh Agrawal is a mutual person
- Sanvijay Food Tech Private Limited
Divyam Agrawal is a mutual person
Charges (Loans)
₹0
₹4.94 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 1995 | Canara Bank | ₹4.44 M | Satisfied |
| 17 Feb 1995 | Canara Bank | ₹0.50 M | Satisfied |
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.
Deals i
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
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.
