Progressive Metals Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 7.47 M
- Company Age 17 Year, 19 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 62.50 Cr
- Satisfied Charges ₹ 21.24 Cr
- Revenue Growth 7.99%
- Profit Growth 66.82%
- Ebitda 40.34%
- Net Worth 24.33%
- Total Assets 31.52%
About Progressive Metals
Progressive Metals Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2008 and has a history of 17 years. Its registered office is in Kolkata, West Bengal, 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 8.50 M and a paid-up capital of Rs 7.47 M.
The company currently has active open charges totaling ₹62.50 Cr. The company has closed loans amounting to ₹21.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Poddar and Manju Poddar serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100WB2008PTC123204
- Company No.
123204
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Feb 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
What products or services does Progressive Metals Private Limited offer?
Progressive Metals Private Limited offers a wide range of products and services, including Brackets, Holder & Hardware Fittings, Metal Angles, Mild Steel Bars, Mild Steel Round Bar, Stainless Steel Alloys, Alloy Cast Steel Roll, Industrial Steel, Mild Steel Flats, Galvanized Steel, Beams, Purlins, Frames and Girders.
Progressive Metals Private Limited
Explore comprehensive data for Progressive Metals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Progressive Metals?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Poddar  | Director | 27-Feb-2008 | Current |
| Manju Poddar | Director | 27-Feb-2008 | Current |
Financial Performance of Progressive Metals.
Progressive Metals Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 7.99% increase. The company also saw a substantial improvement in profitability, with a 66.82% increase in profit. The company's net worth Soared by an impressive increase of 24.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progressive Metals?
In 2024, Progressive Metals had a promoter holding of 87.12% and a public holding of 12.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹625.00 M
Satisfied Charges
₹212.40 M
Charges Breakdown by Lending Institutions
- Others : 62.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | Others | ₹7.00 Cr | Open |
| 21 Nov 2023 | Others | ₹18.00 Cr | Open |
| 19 Jul 2023 | Others | ₹7.50 Cr | Open |
| 11 Feb 2015 | Others | ₹30.00 Cr | Open |
| 08 Sep 2020 | Others | ₹1.50 Cr | Satisfied |
How Many Employees Work at Progressive Metals?
Unlock and access historical data on people associated with Progressive Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progressive Metals, 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 Metals's trajectory.
Rating
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
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 Metals
Recent activity within the organization
- Annual General Meeting
Progressive Metals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Progressive Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Others of Rs. 70.00 M registered on 13 Feb 2024 with Charge ID 100865907 was modified on 05 Mar 2024.
- Charges
A charge with Others amounted to Rs. 70.00 M with Charge ID 100865907 was registered on 13 Feb 2024.
- Charges
A charge with Others of Rs. 300.00 M registered on 11 Feb 2015 with Charge ID 10558756 was modified on 15 Jan 2024.
- Charges
A charge with Others amounted to Rs. 180.00 M with Charge ID 100821225 was registered on 21 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Progressive Metals Private Limited?
Progressive Metals Private Limited was incorporated on 27 Feb 2008.
What is authorized share capital and paid-up capital of Progressive Metals Private Limited?
The authorized share capital of Progressive Metals Private Limited is ₹ 8.50 M and paid-up capital is ₹ 7.47 M.
Who are the current board members & directors of Progressive Metals Private Limited?
Currently 2 directors are associated with Progressive Metals Private Limited.
- Vinod Poddar
- Manju Poddar
What is the registered address of Progressive Metals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Metals Private Limited is 23A, N. S. Road 7Th Floor India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Progressive Metals Private Limited?
The corporate identification number (CIN) of Progressive Metals Private Limited is U27100WB2008PTC123204 and the company number is 123204 as per Ministry of Corporate Affairs (MCA).
What is the official website of Progressive Metals Private Limited?
The Official website of Progressive Metals Private Limited is https://www.progressivegroup.co.in
What has been the recent revenue trend for Progressive Metals Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Progressive Metals Private Limited has risen by 7.99%.
What change has been observed in the net worth of Progressive Metals Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Progressive Metals Private Limited has experienced an upsurge of 24.33%.
What are the total open charges for Progressive Metals Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Progressive Metals Private Limited amount to ₹ 62.50 Cr.
When was the last Balance Sheet of Progressive Metals Private Limited filed with the ROC?
The most recent Balance Sheet for Progressive Metals Private Limited was filed with the ROC on 31 Mar 2024.
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