Progressive Exports Private Limited

Wholesale trading of various goods, including chemicals, engineering goods, food products, and more.

1974 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Progressive Exports Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 50 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Revenue Growth 28.85%
  • Profit Growth 195.56%
  • Ebitda -31.07%
  • Net Worth 8.46%
  • Total Assets 0.71%

About Progressive Exports

Progressive Exports Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 April 1974 and has a history of 50 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹2.50 M.

Mahendra Vedant and Dhaval Mane serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1974PTC017382

  • Company No.

    017382

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 1974

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Mahendra Vedant Country flag representing In Director 28-Aug-2015Current
Dhaval Mane Country flag representing In Additional Director 27-Jun-2019Current

Financial Performance of Progressive Exports.

Progressive Exports Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 28.85% increase. The company also saw a substantial improvement in profitability, with a 195.56% increase in profit. The company's net worth moved up by a moderate rise of 8.46%.

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
28.85%
Revenue from Operations
Total Assets
0.71%
Profit or Loss
195.56%
Net Worth
8.46%
EBITDA
-31.07%

What is the Ownership and Shareholding Structure of Progressive Exports?

In 2017, Progressive Exports had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 1979Central Bank Of India₹0.50 MOpen
16 Jan 1976Central Bank Of India₹2.00 MOpen

How Many Employees Work at Progressive Exports?

Unlock and access historical data on people associated with Progressive Exports, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Progressive Exports Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Progressive Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Dhaval Bhausaheb Mane was appointed as a Additional Director was appointed as a Additional Director on 27 Jun 2019 & has been associated with this company since 5 years 7 months .

    27 Jun 2019

  • Director Appointment

    Mahendra Kanaiyalal Vedant was appointed as a Director was appointed as a Director on 28 Aug 2015 & has been associated with this company since 9 years 5 months .

    28 Aug 2015

  • Charges

    A charge with Central Bank Of India amounted to Rs. 0.50 M with Charge ID 90365032 was registered on 22 Jan 1979.

    22 Jan 1979

  • Charges

    A charge with Central Bank Of India amounted to Rs. 2.00 M with Charge ID 90365025 was registered on 16 Jan 1976.

    16 Jan 1976

Frequently asked questions

  • Progressive Exports Private Limited was incorporated on 08 Apr 1974.

  • The authorized share capital of Progressive Exports Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

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

    • Mahendra Kanaiyalal Vedant
    • Dhaval Bhausaheb Mane
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Exports Private Limited is New Era House Mogle Lane, Matunga (W) India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Progressive Exports Private Limited is U99999MH1974PTC017382 and the company number is 017382 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Progressive Exports Private Limited has risen by 28.85%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Progressive Exports Private Limited has experienced an upsurge of 8.46%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Progressive Exports Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Progressive Exports Private Limited was filed with the ROC on 31 Mar 2024.

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