Progressive Civil Construction Company Private Limited

Construction company specializing in civil projects for government and private clients since 1998.

1998 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Progressive Civil Construction Company Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.13 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.10 Cr
  • Satisfied Charges ₹ 1.88 Cr
  • Revenue Growth -15.18%
  • Profit Growth 87.83%
  • Ebitda -7.98%
  • Net Worth 0.73%
  • Total Assets -0.52%

About Progressive Civil Construction Company

Progressive Civil Construction Company Private Limited (PCCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 1998 and has a history of 26 years and eight months. Its registered office is in Navi Mumbai, Maharashtra, India.

The Company is engaged in the Infrastructure And Utilities 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 2.50 Cr and a paid-up capital of Rs 2.13 Cr.

The company currently has active open charges totaling ₹20.10 Cr. The company has closed loans amounting to ₹1.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohan Abhang, Chandrakant Abhang, Ashlesha Ambade, and One other member serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200MH1998PTC114891

  • Company No.

    114891

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

What products or services does Progressive Civil Construction Company Private Limited offer?

Progressive Civil Construction Company Private Limited offers a wide range of products and services, including Building & Real Estate Developers, Construction Service, Infrastructure Construction Service, Flyovers Construction Services, Residential Construction Projects, Kitchen Construction Service, Bridge Construction.

Who are the key members and board of directors at Progressive Civil Construction Company?

Board Members (4)

NameDesignationAppointment DateStatus
Uday Abhang Country flag representing In Director 06-Jul-1998Current
Mohan Abhang Country flag representing In Director 10-Mar-2017Current
Chandrakant Abhang Country flag representing In Director 13-May-1998Current
Ashlesha Ambade Country flag representing In Director 12-Dec-2008Current

Financial Performance of Progressive Civil Construction Company.

Progressive Civil Construction Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.18% decrease. The company also saw a substantial improvement in profitability, with a 87.83% increase in profit. The company's net worth moved up by a moderate rise of 0.73%.

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
-15.18%
Revenue from Operations
-15.67%
Total Assets
-0.52%
Profit or Loss
87.83%
Net Worth
0.73%
EBITDA
-7.98%

What is the Ownership and Shareholding Structure of Progressive Civil Construction Company?

In 2023, Progressive Civil Construction Company 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

₹20.10 Cr

Satisfied Charges

₹1.88 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2005State Bank Of India₹20.10 CrOpen
18 Oct 2016State Bank Of India₹2.20 MSatisfied
26 Nov 2005Hdfc Bank House₹1.28 MSatisfied
05 Jul 2005Hdfc Bank House₹1.19 MSatisfied
06 Jul 1998State Bank Of India₹1.42 CrSatisfied

How Many Employees Work at Progressive Civil Construction Company?

Progressive Civil Construction Company has a workforce of 137 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Civil Construction Company, 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 Civil Construction Company'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 Civil Construction Company

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 18 Oct 2016 via Charge ID 100060228 with State Bank Of India was fully satisfied on 05 Aug 2022.

    05 Aug 2022

  • Charges

    A charge with State Bank Of India of Rs. 20.10 Cr registered on 27 Sep 2005 with Charge ID 80025350 was modified on 24 Jan 2022.

    24 Jan 2022

  • Charges

    A charge registered on 06 Jul 1998 via Charge ID 90156912 with State Bank Of India was fully satisfied on 24 Feb 2020.

    24 Feb 2020

  • Director Appointment

    Mohan Chandrakant Abhang was appointed as a Director was appointed as a Director on 10 Mar 2017 & has been associated with this company since 7 years 10 months .

    10 Mar 2017

Frequently asked questions

  • Progressive Civil Construction Company Private Limited was incorporated on 13 May 1998.

  • The authorized share capital of Progressive Civil Construction Company Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.13 Cr.

  • Currently 4 directors are associated with Progressive Civil Construction Company Private Limited.

    • Mohan Chandrakant Abhang
    • Chandrakant Maruti Abhang
    • Ashlesha Prashant Ambade
    • Uday Chandrakant Abhang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Civil Construction Company Private Limited is 428 Vardhman Marketsec 17 Vashi, Navi Mumbai, Maharashtra, India, 400703.

  • The corporate identification number (CIN) of Progressive Civil Construction Company Private Limited is U45200MH1998PTC114891 and the company number is 114891 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Civil Construction Company Private Limited is https://www.progressivegalaxy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Civil Construction Company Private Limited has fallen by -15.18%.

  • As Per 2023 financial reports, 137 employees are currently employed by Progressive Civil Construction Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Civil Construction Company Private Limited has experienced an upsurge of 0.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Progressive Civil Construction Company Private Limited amount to ₹ 20.10 Cr.

  • The most recent Balance Sheet for Progressive Civil Construction Company Private Limited was filed with the ROC on 31 Mar 2023.

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