Progressive Exim Profile
Key Indicators
- Authorised Capital ₹ 3.30 Cr
- Paid Up Capital ₹ 3.27 Cr
- Company Age 26 Year, 4 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 four 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
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Location
Raipur, Chattisgarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51101CT1998PLC013060
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Company No.
013060
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
14 Sep 1998
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Date of AGM
31 Dec 2018
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Date of Balance Sheet
31 Mar 2018
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
Who are the key members and board of directors at Progressive Exim?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Shrishrimal
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Director | 11-Feb-2000 | Current |
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Sandeep Shrishrimal
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Director | 14-Sep-1998 | Current |
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Kusum Shrishrimal
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Additional Director | 05-Jun-2020 | Current |
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Mahendra Shrishrimal
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Director | 18-Jul-2018 | Current |
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Shankar Beldar
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Additional Director | 05-Jun-2020 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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As Nutra Tech Private LimitedAmit Shrishrimal is a mutual person
Charges (Loans)
₹13.56 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2014 | Reliance Capital Ltd | ₹8.56 M | Open |
| 05 Feb 2013 | Tata Capital Financial Services Limited | ₹1.33 Cr | Open |
| 09 Aug 2010 | Idbi Bank Limited | ₹9.40 Cr | Open |
| 09 Aug 2010 | Idbi Bank Limited | ₹5.23 M | Open |
| 09 Aug 2010 | Idbi Bank Limited | ₹6.00 M | Open |
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.
Deals i
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
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.