About
Basic Data Updated:
2 months agoThe Company is engaged in the Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 50.00 cr and a paid-up capital of Rs 30.50 cr.
The Corporate currently has active open charges totaling ₹5,011.03 cr. It has already closed loans amounting to ₹320.84 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Progressive Constructions Limited India are Adit Arora as Company Secretary and Vasireddy Badarinadh as Cfo. Vasireddy Badarinadh, Praveen Pathuri, Hemalatha Kavuri, and Four other members serve as directors at the Company.
Industry
Company Details
- Location
Krishna, Andhra Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U45200AP1981PLC038986 |
| Company No. | 038986 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 23 Dec 1981 |
| Date of AGM | 30 Dec 2022 |
| Date of Balance Sheet | 31 Mar 2022 |
| Listing Status | Unlisted |
| ROC Code | Roc Vijayawada |
Financials of Progressive Constructions Limited
Progressive Constructions Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 66.58% increase. The company also saw a substantial fall in profitability, with a 166.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.06%.
Corporate Structure
Unlock access to Progressive Constructions'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.
People in Progressive Constructions Limited
Unlock and access historical data on people associated with Progressive Constructions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
PP
Praveen Pathuri
Managing DirectorAppointment Date: 28-Aug-2017
Status: Current
AA
Adit Arora Company SecretaryAppointment Date: 02-Mar-2020
Status: Current
VB
Vasireddy Badarinadh CFOAppointment Date: 01-Jun-2022
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Jun 2013 | ₹1,302.59 Cr | Open |
Indusind Bank Limited Creation Date: 22 Jun 2011 | ₹5.50 Cr | Open |
Andhra Bank Creation Date: 27 Apr 2011 | ₹310.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progressive Constructions, 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 Constructions'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.
Alert
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.
Related Corporates (Common Directorship)
Progressive Tollways Private Limited
Active
13 years 10 months Vasireddy Badarinadh and Praveen Pathuri are mutual person
Progressive Irrigation & Waterways Private Limited
Active 13 years 10 months Hemalatha Kavuri and Anne Banu are mutual person
Jaya Diagnostic And Research Centre Ltd
Active 37 years 1 day Praveen Pathuri and Kalikiran Anne are mutual person
Medwin Imageology Centre Private Limited
Active 31 years 10 months Praveen Pathuri is a mutual person
Kanakadurga Amusements And Resorts Private Limited
Active 21 years 6 months Hemalatha Kavuri is a mutual person
Recent activity within the organization
Annual General Meeting
Progressive Constructions Limited last Annual general meeting of members was held on 30 Dec 2022 as per latest MCA records.
30 Dec 2022Charges
A charge registered on 11 Nov 2008 via Charge ID 10140330 with Others was fully satisfied on 29 Dec 2022.
29 Dec 2022Charges
A charge registered on 08 Dec 2006 via Charge ID 10028045 with Export - Import Bank Of India was fully satisfied on 10 Jun 2022.
10 Jun 2022Charges
A charge registered on 24 Apr 2003 via Charge ID 90133104 with Export-Import Bank Of India was fully satisfied on 10 Jun 2022.
10 Jun 2022Charges
A charge registered on 25 Sep 2002 via Charge ID 90133044 with Export- Import Bank Of India was fully satisfied on 10 Jun 2022.
10 Jun 2022
Frequently asked questions
What is the Incorporation or founding date of Progressive Constructions Limited?
