Progressive Infra Project India Private Limited

Provides turnkey project solutions, construction and maintenance services for industrial and commercial projects.

2013 | Pune, Maharashtra (India) | Active
Last Updated: December 27, 2024

Progressive Infra Project India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 13.21 Cr
  • Satisfied Charges ₹ 7.79 Cr
  • Revenue Growth 117.27%
  • Profit Growth 467.12%
  • Ebitda 274.08%
  • Net Worth 43.53%
  • Total Assets 111.32%

About Progressive Infra Project India

Progressive Infra Project India Private Limited (PIPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 November 2013 and has a history of 11 years and three months. Its registered office is in Pune, Maharashtra, 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹13.21 Cr. The company has closed loans amounting to ₹7.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santosh Mane and Ashwinee Mane serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pipipl.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200PN2013PTC149543

  • Company No.

    149543

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2013

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Progressive Infra Project India?

Board Members (2)

NameDesignationAppointment DateStatus
Santosh Mane Country flag representing In Director 25-Nov-2013Current
Ashwinee Mane Country flag representing In Director 25-Nov-2013Current

Financial Performance of Progressive Infra Project India.

Progressive Infra Project India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 117.27% increase. The company also saw a substantial improvement in profitability, with a 467.12% increase in profit. The company's net worth Soared by an impressive increase of 43.53%.

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
117.27%
Revenue from Operations
118.04%
Total Assets
111.32%
Profit or Loss
467.12%
Net Worth
43.53%
EBITDA
274.08%

What is the Ownership and Shareholding Structure of Progressive Infra Project India?

In 2021, Progressive Infra Project India 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)

Open Charges

₹132.09 M

Satisfied Charges

₹77.93 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.00 Cr
  • Axis Bank Limited : 2.01 Cr
  • Others : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2022Axis Bank Limited₹2.01 CrOpen
13 Apr 2022Hdfc Bank Limited₹10.00 CrOpen
12 Jun 2018Others₹1.20 CrOpen
23 Dec 2016Others₹6.04 CrSatisfied
23 Dec 2014Hdfc Bank Limited₹1.75 CrSatisfied

How Many Employees Work at Progressive Infra Project India?

Progressive Infra Project India has a workforce of 35 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Infra Project India, 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 Infra Project India'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 Infra Project India

Recent activity within the organization

  • Charges

    A charge registered on 23 Dec 2016 via Charge ID 100067721 with Others was fully satisfied on 11 Oct 2022.

    11 Oct 2022

  • Annual General Meeting

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

    30 Sep 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.10 M with Charge ID 100605774 was registered on 29 Jul 2022.

    29 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 100573921 was registered on 13 Apr 2022.

    13 Apr 2022

  • Balance Sheet

    Progressive Infra Project India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022

  • Charges

    A charge with Others of Rs. 60.43 M registered on 23 Dec 2016 with Charge ID 100067721 was modified on 02 Jul 2020.

    02 Jul 2020

Frequently asked questions

  • Progressive Infra Project India Private Limited was incorporated on 25 Nov 2013.

  • The authorized share capital of Progressive Infra Project India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Progressive Infra Project India Private Limited.

    • Santosh Sudhakar Mane
    • Ashwinee Santosh Mane
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Infra Project India Private Limited is Flno-5 Sno.41/65 Sneh Vihar Co-Op Housing Society Sangam Nagar Old Sangv I, India, Pune, Maharashtra, 411027.

  • The corporate identification number (CIN) of Progressive Infra Project India Private Limited is U45200PN2013PTC149543 and the company number is 149543 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Infra Project India Private Limited is https://www.pipipl.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Progressive Infra Project India Private Limited has risen by 117.27%.

  • As Per 2022 financial reports, 35 employees are currently employed by Progressive Infra Project India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Progressive Infra Project India Private Limited has experienced an upsurge of 43.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Progressive Infra Project India Private Limited amount to ₹ 13.21 Cr.

  • The most recent Balance Sheet for Progressive Infra Project India Private Limited was filed with the ROC on 31 Mar 2022.