Progressive Finlease Limited

NBFC engaged in securities trading, listed on DSE, incorporated in 1995, based in Delhi.

1995 | Delhi (India) | Active
Last Updated: January 09, 2025

Progressive Finlease Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.95 Cr
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -91.31%
  • Profit Growth -43.82%
  • Ebitda -93.60%
  • Net Worth 0.17%
  • Total Assets -24.68%

About Progressive Finlease

Progressive Finlease Limited (PFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 January 1995 and has a history of 30 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 8.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Progressive Finlease Limited India is Rajeev Jain as CFO. Harshitmehra, Bhumika Chhabra, Rupanshu Jain, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L65910DL1995PLC064310

  • Company No.

    064310

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajeev Jain CFO31-Jul-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Harshitmehra Country flag representing In Director 26-Aug-2020Current
Bhumika Chhabra Country flag representing In Director 16-Aug-2023Current
Rupanshu Jain Country flag representing In Director 15-Apr-2021Current
Sanjay Mehra Country flag representing In Director 26-Aug-2020Current

Financial Performance of Progressive Finlease.

Progressive Finlease Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 91.31% decrease. The company also saw a substantial fall in profitability, with a 43.82% decrease in profit. The company's net worth moved up by a moderate rise of 0.17%.

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
-91.31%
Revenue from Operations
-91.35%
Total Assets
-24.68%
Profit or Loss
-43.82%
Net Worth
0.17%
EBITDA
-93.60%

What is the Ownership and Shareholding Structure of Progressive Finlease?

In 2021, Progressive Finlease had a promoter holding of 15.13% and a public holding of 84.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Progressive Finlease?

Unlock and access historical data on people associated with Progressive Finlease, 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 Finlease, 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 Finlease'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 Finlease

Recent activity within the organization

  • Annual General Meeting

    Progressive Finlease Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Progressive Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Bhumika Chhabra was appointed as a Director was appointed as a Director on 16 Aug 2023 & has been associated with this company since 1 year 6 months .

    16 Aug 2023

  • Director Appointment

    Rupanshu Jain was appointed as a Director was appointed as a Director on 15 Apr 2021 & has been associated with this company since 3 years 10 months .

    15 Apr 2021

  • Director Appointment

    Harshitmehra was appointed as a Director was appointed as a Director on 26 Aug 2020 & has been associated with this company since 4 years 5 months .

    26 Aug 2020

  • Director Appointment

    Rajeev Jain was appointed as a Cfo was appointed as a Cfo on 31 Jul 2020 & has been associated with this company since 4 years 6 months .

    31 Jul 2020

Frequently asked questions

  • Progressive Finlease Limited was incorporated on 12 Jan 1995.

  • The authorized share capital of Progressive Finlease Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.95 Cr.

  • Currently 6 directors are associated with Progressive Finlease Limited.

    • Harshitmehra
    • Bhumika Chhabra
    • Rajeev Jain
    • Rupanshu Jain
    • Rajeev Jain
    • Sanjay Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Finlease Limited is 500 5Th Floor Itl Twin Tower Netaji Subhash Place Pitampura, India, Delhi, 110034.

  • The corporate identification number (CIN) of Progressive Finlease Limited is L65910DL1995PLC064310 and the company number is 064310 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Finlease Limited is https://www.progressivefinlease.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Progressive Finlease Limited has fallen by -91.31%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Progressive Finlease Limited has experienced an upsurge of 0.17%.

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

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