Progressive Metals Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
as on 16-11-2024
- Paid Up Capital ₹ 7.47 M
as on 16-11-2024
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 62.50 Cr
as on 16-11-2024
- Satisfied Charges ₹ 21.24 Cr
as on 16-11-2024
- Revenue -1.65%
(FY 2023)
- Profit -0.17%
(FY 2023)
- Ebitda 14.00%
(FY 2023)
- Net Worth 17.07%
(FY 2023)
- Total Assets -14.74%
(FY 2023)
About Progressive Metals
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.
- 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
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media-
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.
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 2023, experienced Minor drop in revenue, with a 1.65% decrease. The company also saw a slight decrease in profitability, with a 0.17% decrease in profit. The company's net worth Soared by an impressive increase of 17.07%.
- 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 2023, Progressive Metals had a promoter holding of 84.32% and a public holding of 15.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 13 Feb 2024 | ₹7.00 Cr | Open |
Others Creation Date: 21 Nov 2023 | ₹18.00 Cr | Open |
Others Creation Date: 19 Jul 2023 | ₹7.50 Cr | Open |
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.
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