Progressive Logistics Private Limited

Provides transportation services for goods and cargo via land, air, and water.

2020 | Cuttack, Odisha (India) | Active
Last Updated: November 01, 2024

Progressive Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 Cr
  • Revenue Growth 1251.48%
  • Profit Growth 1784.08%
  • Ebitda 132.63%
  • Net Worth 1733.51%
  • Total Assets 449.23%

About Progressive Logistics

Progressive Logistics Private Limited (PLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 September 2020 (Four years and four months 26 days old ). Its registered office is in Cuttack, Odisha, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹9.00 Cr.

Mohammed Hussain and Mohammad Iqbal serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60222OR2020PTC034138

  • Company No.

    034138

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Transport and Logistics

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

Executive Team (1)

Name Designation Appointment Date Status
Mohammad Iqbal Country flag representing In Managing Director 14-Sep-2020 Current

Board Members (1)

Name Designation Appointment Date Status
Mohammed Hussain Country flag representing In Director 14-Sep-2020 Current

Financial Performance of Progressive Logistics.

Progressive Logistics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1251.48% increase. The company also saw a substantial improvement in profitability, with a 1784.08% increase in profit. The company's net worth Soared by an impressive increase of 1733.51%.

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
1251.48%
Revenue from Operations
1251.44%
Total Assets
449.23%
Profit or Loss
1784.08%
Net Worth
1733.51%
EBITDA
132.63%

What is the Ownership and Shareholding Structure of Progressive Logistics?

Unlock access to Progressive Logistics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹90.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2021 Others ₹9.00 Cr Open

How Many Employees Work at Progressive Logistics?

Progressive Logistics has a workforce of 9 employees as of Mar 23, 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 Logistics, 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 Logistics'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 Logistics

Recent activity within the organization

  • Annual General Meeting

    Progressive Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Progressive Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 90.00 M with Charge ID 100469947 was registered on 21 Jul 2021.

    21 Jul 2021

  • Director Appointment

    Mohammed Sarwat Hussain was appointed as a Director was appointed as a Director on 14 Sep 2020 & has been associated with this company since 4 years 4 months .

    14 Sep 2020

  • Director Appointment

    Mohammad Salik Iqbal was appointed as a Managing Director was appointed as a Managing Director on 14 Sep 2020 & has been associated with this company since 4 years 4 months .

    14 Sep 2020

  • Company Incorporation

    Progressive Logistics Private Limited was registered on 14 Sep 2020 with Roc Cuttack & aged 4 years 4 months as per MCA records.

    14 Sep 2020

Frequently asked questions

  • Progressive Logistics Private Limited was incorporated on 14 Sep 2020.

  • The authorized share capital of Progressive Logistics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

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

    • Mohammed Sarwat Hussain
    • Mohammad Salik Iqbal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Logistics Private Limited is Plot No-3039, Gopalpur India, Cuttack, Orissa, 753011.

  • The corporate identification number (CIN) of Progressive Logistics Private Limited is U60222OR2020PTC034138 and the company number is 034138 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Progressive Logistics Private Limited has risen by 1251.48%.

  • As Per 2022 financial reports, 9 employees are currently employed by Progressive Logistics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Progressive Logistics Private Limited has experienced an upsurge of 1733.51%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Progressive Logistics Private Limited amount to ₹ 9.00 Cr.

  • The most recent Balance Sheet for Progressive Logistics Private Limited was filed with the ROC on 31 Mar 2023.