Progressive Exim Limited

Manufacturer and trader of exotic fats, oil seeds, and by-products used in various industries.

1998 | Raipur, Chattisgarh (India) | Active
Last Updated:

Progressive Exim Profile

Key Indicators

  • Authorised Capital ₹ 3.30 Cr
  • Paid Up Capital ₹ 3.27 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 13.56 Cr
  • Satisfied Charges ₹ 97.38 Cr
  • Revenue Growth -12.36%
  • Profit Growth -87.91%
  • Ebitda -6.49%
  • Net Worth 0.17%
  • Total Assets 4.69%

About Progressive Exim

Progressive Exim Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 1998 and has a history of 26 years and seven months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 3.30 Cr and a paid-up capital of Rs 3.27 Cr.

The company currently has active open charges totaling ₹13.56 Cr. The company has closed loans amounting to ₹97.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Shrishrimal, Sandeep Shrishrimal, Kusum Shrishrimal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51101CT1998PLC013060

  • Company No.

    013060

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 1998

  • Date of AGM

    31 Dec 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Food and Beverages
Company report

Progressive Exim Limited

Explore comprehensive data for Progressive Exim Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (5)

NameDesignationAppointment DateStatus
Amit Shrishrimal Country flag representing In Director 11-Feb-2000Current
Sandeep Shrishrimal Country flag representing In Director 14-Sep-1998Current
Kusum Shrishrimal Country flag representing In Additional Director 05-Jun-2020Current
Mahendra Shrishrimal Country flag representing In Director 18-Jul-2018Current
Shankar Beldar Country flag representing In Additional Director 05-Jun-2020Current

Financial Performance of Progressive Exim.

Progressive Exim Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 12.36% decrease. The company also saw a substantial fall in profitability, with a 87.91% decrease in profit. The company's net worth moved up by a moderate rise of 0.17%.

Progressive Exim revenue growth over time
Progressive Exim 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
-12.36%
Revenue from Operations
-12.40%
Total Assets
4.69%
Profit or Loss
-87.91%
Net Worth
0.17%
EBITDA
-6.49%

What is the Ownership and Shareholding Structure of Progressive Exim?

In 2018, Progressive Exim had a promoter holding of 70.37% and a public holding of 29.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.56 Cr

Satisfied Charges

₹97.38 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 10.52 Cr
  • Tata Capital Financial Services Limited : 1.33 Cr
  • Reliance Capital Ltd : 0.86 Cr
  • Tata Capital Limited : 0.86 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2014Reliance Capital Ltd₹8.56 MOpen
05 Feb 2013Tata Capital Financial Services Limited₹1.33 CrOpen
09 Aug 2010Idbi Bank Limited₹9.40 CrOpen
09 Aug 2010Idbi Bank Limited₹5.23 MOpen
09 Aug 2010Idbi Bank Limited₹6.00 MOpen

How Many Employees Work at Progressive Exim?

Progressive Exim has a workforce of 20 employees as of Mar 28, 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.

Employee growth trends for Progressive Exim Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 09 Aug 2010 via Charge ID 10270426 with Idbi Bank was fully satisfied on 05 Jan 2024.

  • Director Appointment

    Kusum Devi Shrishrimal was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2020 & has been associated with this company since 4 years 11 months .

  • Director Appointment

    Shankar Lal Beldar was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2020 & has been associated with this company since 4 years 11 months .

  • Annual General Meeting

    Progressive Exim Limited last Annual general meeting of members was held on 31 Dec 2018 as per latest MCA records.

  • Director Appointment

    Mahendra Kumar Shrishrimal was appointed as a Director was appointed as a Director on 18 Jul 2018 & has been associated with this company since 6 years 9 months .

  • Balance Sheet

    Progressive Exim Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chhattisgarh.

Frequently asked questions

  • What is the Incorporation or founding date of Progressive Exim Limited?

    Progressive Exim Limited was incorporated on 14 Sep 1998.

  • What is authorized share capital and paid-up capital of Progressive Exim Limited?

    The authorized share capital of Progressive Exim Limited is ₹ 3.30 Cr and paid-up capital is ₹ 3.27 Cr.

  • Who are the current board members & directors of Progressive Exim Limited?

    Currently 5 directors are associated with Progressive Exim Limited.

    • Amit Kumar Shrishrimal
    • Sandeep Shrishrimal
    • Kusum Devi Shrishrimal
    • Mahendra Kumar Shrishrimal
    • Shankar Lal Beldar
  • What is the registered address of Progressive Exim Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Exim Limited is Shanti Sada 1-Maidan Pathchoubey Colony, India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of Progressive Exim Limited?

    The corporate identification number (CIN) of Progressive Exim Limited is U51101CT1998PLC013060 and the company number is 013060 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Progressive Exim Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Progressive Exim Limited has fallen by -12.36%.

  • How many employees does Progressive Exim Limited currently have?

    As Per 2018 financial reports, 20 employees are currently employed by Progressive Exim Limited.

  • What change has been observed in the net worth of Progressive Exim Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Progressive Exim Limited has experienced an upsurge of 0.17%.

  • What are the total open charges for Progressive Exim Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Progressive Exim Limited amount to ₹ 13.56 Cr.

  • When was the last Balance Sheet of Progressive Exim Limited filed with the ROC?

    The most recent Balance Sheet for Progressive Exim Limited was filed with the ROC on 31 Mar 2018.

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