Progressive Industries Private Limited

Develops non-ferrous materials, precision machines, and surface coatings for various products.

2016 | Patna, Bihar (India) | Active
Last Updated:

Progressive Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 49.16%
  • Profit Growth 1215.11%
  • Ebitda 225.54%
  • Net Worth 23.58%
  • Total Assets -24.75%

About Progressive Industries

Progressive Industries Private Limited (PIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 05 January 2016 (Nine years and three months 23 days old ). Its registered office is in Patna, Bihar, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sarika and Mritunjay Kumar serve as directors at the Company.

Company Details

  • Location

    Patna, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U11200BR2016PTC025640

  • Company No.

    025640

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Infrastructure and Utilities
Company report

Progressive Industries Private Limited

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

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

Board Members (2)

NameDesignationAppointment DateStatus
Mritunjay Kumar Country flag representing In Director 05-Jan-2016Current
Sarika Country flag representing In Director 05-Jan-2016Current

Financial Performance of Progressive Industries.

Progressive Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.16% increase. The company also saw a substantial improvement in profitability, with a 1215.11% increase in profit. The company's net worth Soared by an impressive increase of 23.58%.

Progressive Industries revenue growth over time
Progressive Industries 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
49.16%
Revenue from Operations
49.24%
Total Assets
-24.75%
Profit or Loss
1215.11%
Net Worth
23.58%
EBITDA
225.54%

What is the Ownership and Shareholding Structure of Progressive Industries?

In 2019, Progressive Industries had a promoter holding of 100.00%. 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 Industries?

Progressive Industries has a workforce of 0 employees as of Apr 07, 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 Industries Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Progressive Industries Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Progressive Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Patna.

  • Director Appointment

    Sarika was appointed as a Director was appointed as a Director on 05 Jan 2016 & has been associated with this company since 9 years 3 months .

  • Director Appointment

    Mritunjay Kumar was appointed as a Director was appointed as a Director on 05 Jan 2016 & has been associated with this company since 9 years 3 months .

  • Company Incorporation

    Progressive Industries Private Limited was registered on 05 Jan 2016 with Roc Patna & aged 9 years 3 months as per MCA records.

Frequently asked questions

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

    Progressive Industries Private Limited was incorporated on 05 Jan 2016.

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

    The authorized share capital of Progressive Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

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

    Currently 2 directors are associated with Progressive Industries Private Limited.

    • Sarika
    • Mritunjay Kumar
  • What is the registered address of Progressive Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Industries Private Limited is Mig 220 Lohia Nagar, Kankarbagh India, Patna, Bihar, 800020.

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

    The corporate identification number (CIN) of Progressive Industries Private Limited is U11200BR2016PTC025640 and the company number is 025640 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Progressive Industries Private Limited?

    The Official website of Progressive Industries Private Limited is https://www.progressiveindustries.in

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Progressive Industries Private Limited has risen by 49.16%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Progressive Industries Private Limited has experienced an upsurge of 23.58%.

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

    The most recent Balance Sheet for Progressive Industries Private Limited was filed with the ROC on 31 Mar 2022.

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