Progressive Equip-Well (India) Private Limited
Develop, improve, buy, sell, import, export, and deal in various equipment.
2003 | Delhi (India) | Active
Progressive Equip-Well (India) Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 5.50 M
- Company Age 21 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 16.61 Cr
- Revenue Growth -45.90%
- Profit Growth 69.27%
- Ebitda 80.08%
- Net Worth -17.98%
- Total Assets -25.25%
About Progressive Equip-Well (India)
Progressive Equip-Well (India) Private Limited (PEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2003 and has a history of 21 years and ten months. Its registered office is in Delhi, India.
The Company is engaged in the Machinery And Equipment 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 5.50 M and a paid-up capital of Rs 5.50 M.
The company has closed loans amounting to ₹16.61 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Mukesh Gupta and Rajni Gupta serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909DL2003PTC120571
- Company No.
120571
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 May 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
Progressive Equip-Well (India) Private Limited
Explore comprehensive data for Progressive Equip-Well (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Progressive Equip-Well (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Gupta  | Additional Director | 10-Oct-2022 | Current |
| Rajni Gupta | Additional Director | 10-Oct-2022 | Current |
Financial Performance of Progressive Equip-Well (India).
Progressive Equip-Well (India) Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 45.9% decrease. The company also saw a substantial improvement in profitability, with a 69.27% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progressive Equip-Well (India)?
In 2018, Progressive Equip-Well (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹166.13 M
Charges Breakdown by Lending Institutions
- Union Bank Of India : 16.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2009 | Union Bank Of India | ₹3.65 Cr | Satisfied |
| 16 May 2008 | Union Bank Of India | ₹10.78 Cr | Satisfied |
| 15 Dec 2007 | Union Bank Of India | ₹7.50 M | Satisfied |
| 15 Dec 2007 | Union Bank Of India | ₹2.50 M | Satisfied |
| 25 Jul 2006 | Union Bank Of India | ₹7.50 M | Satisfied |
How Many Employees Work at Progressive Equip-Well (India)?
Unlock and access historical data on people associated with Progressive Equip-Well (India), 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 Equip-Well (India), 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 Equip-Well (India)'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.
Latest Updates, News, and FAQs on Progressive Equip-Well (India)
Recent activity within the organization
- Annual General Meeting
Progressive Equip-Well (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Progressive Equip-Well (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Mukesh Gupta was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Rajni Gupta was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2022 & has been associated with this company since 2 years 6 months .
- Charges
A charge registered on 02 Feb 2009 via Charge ID 10142488 with Union Bank Of India was fully satisfied on 02 Mar 2021.
- Charges
A charge registered on 16 May 2008 via Charge ID 10103494 with Union Bank Of India was fully satisfied on 02 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Progressive Equip-Well (India) Private Limited?
Progressive Equip-Well (India) Private Limited was incorporated on 27 May 2003.
What is authorized share capital and paid-up capital of Progressive Equip-Well (India) Private Limited?
The authorized share capital of Progressive Equip-Well (India) Private Limited is ₹ 5.50 M and paid-up capital is ₹ 5.50 M.
Who are the current board members & directors of Progressive Equip-Well (India) Private Limited?
Currently 2 directors are associated with Progressive Equip-Well (India) Private Limited.
- Mukesh Gupta
- Rajni Gupta
What is the registered address of Progressive Equip-Well (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Equip-Well (India) Private Limited is 19 Igi Gurgaon Road Kapashera India, New Delhi, 110097.
What is the corporate identification number (CIN) and company number of Progressive Equip-Well (India) Private Limited?
The corporate identification number (CIN) of Progressive Equip-Well (India) Private Limited is U31909DL2003PTC120571 and the company number is 120571 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Progressive Equip-Well (India) Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Progressive Equip-Well (India) Private Limited has fallen by -45.90%.
What change has been observed in the net worth of Progressive Equip-Well (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Progressive Equip-Well (India) Private Limited has experienced an downturn of -17.98%.
When was the last Balance Sheet of Progressive Equip-Well (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Progressive Equip-Well (India) Private Limited was filed with the ROC on 31 Mar 2024.
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