Progressive Engicon Private Limited

Constructs roads, railways, and utility projects, supplies fabrication and boulders, and builds and maintains buildings.

2009 | Patna, Bihar (India) | Active
Last Updated: July 17, 2024

Progressive Engicon Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.19 Cr
  • Revenue Growth 16.63%
  • Profit Growth 29.99%
  • Ebitda 35.44%
  • Net Worth 19.81%
  • Total Assets 21.47%

About Progressive Engicon

Progressive Engicon Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 January 2009 and has a history of 16 years and one month. Its registered office is in Patna, Bihar, 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 5.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.19 Cr.

Sushant Kumar and Binit Singh serve as directors at the Company.

Company Details

  • Location

    Patna, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200BR2009PTC014186

  • Company No.

    014186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Infrastructure and Utilities
Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Sushant Kumar Country flag representing In Director 09-Oct-2020Current
Binit Singh Country flag representing In Director 29-Jul-2021Current

Financial Performance of Progressive Engicon.

Progressive Engicon Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.63% increase. The company also saw a substantial improvement in profitability, with a 29.99% increase in profit. The company's net worth Soared by an impressive increase of 19.81%.

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
16.63%
Revenue from Operations
16.84%
Total Assets
21.47%
Profit or Loss
29.99%
Net Worth
19.81%
EBITDA
35.44%

What is the Ownership and Shareholding Structure of Progressive Engicon?

In 2023, Progressive Engicon 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

₹31.86 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 3.19 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jul 2023Indian Bank₹2.50 MOpen
09 Mar 2010Indian Bank₹2.94 CrOpen

How Many Employees Work at Progressive Engicon?

Progressive Engicon has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 2.50 M with Charge ID 100770306 was registered on 17 Jul 2023.

    17 Jul 2023

  • Charges

    A charge with Indian Bank of Rs. 29.36 M registered on 09 Mar 2010 with Charge ID 10204793 was modified on 26 May 2023.

    26 May 2023

  • Balance Sheet

    Progressive Engicon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Director Appointment

    Binit Kumar Singh was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 3 years 6 months .

    29 Jul 2021

  • Director Appointment

    Sushant Kumar was appointed as a Director was appointed as a Director on 09 Oct 2020 & has been associated with this company since 4 years 4 months .

    09 Oct 2020

Frequently asked questions

  • Progressive Engicon Private Limited was incorporated on 14 Jan 2009.

  • The authorized share capital of Progressive Engicon Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Progressive Engicon Private Limited.

    • Sushant Kumar
    • Binit Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Engicon Private Limited is C/O Manish Kumar Durga Ashram Gali Sheikhpura Bailey Road, Patna, Bihar, India, 800014.

  • The corporate identification number (CIN) of Progressive Engicon Private Limited is U45200BR2009PTC014186 and the company number is 014186 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Engicon Private Limited has risen by 16.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Engicon Private Limited has experienced an upsurge of 19.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Progressive Engicon Private Limited amount to ₹ 3.19 Cr.

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

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