Progressive Meters Private Limited

Progressive Meters Private Limited

Manufactures electric meters, including smart and single phase, with ISO certifications.
2013 | Kolkata, West Bengal (India) | Under Insolvency

Last Updated:

April 19, 2024
HomeCompanyProgressive Meters Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Kiran Rajgarhia In Additional Director 02-Dec-2019Current
Bela Rajgarhia In Director 27-May-2019Current

Financial Performance and Corporate Structure Insights of Progressive Meters.

Progressive Meters Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 680.6% increase. The company also saw a substantial improvement in profitability, with a 219.33% increase in profit. The company's net worth Soared by an impressive increase of 19.94%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
680.60%
Revenue from Operations
698.44%
Total Assets
44.29%
Profit or Loss
219.33%
Net Worth
19.94%
EBITDA
2105.79%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹55.00 M

LenderAmountStatus

Indian Overseas Bank

Creation Date: 27 Feb 2017
₹5.50 CrOpen

How Many Employees Work at Progressive Meters?

Progressive Meters has a workforce of 12 employees as of Mar 31, 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.

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Latest Updates, News, and FAQs on Progressive Meters

Recent activity within the organization

  • Director Appointment

    Kiran Devi Rajgarhia was appointed as a Additional Director was appointed as a Additional Director on 02 Dec 2019 & has been associated with this company since 5 years 19 days .

    02 Dec 2019

  • Annual General Meeting

    Progressive Meters Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

    28 Sep 2019

  • Director Appointment

    Bela Rajgarhia was appointed as a Director was appointed as a Director on 27 May 2019 & has been associated with this company since 5 years 6 months .

    27 May 2019

  • Balance Sheet

    Progressive Meters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Kolkata.

    31 Mar 2019

  • Charges

    A charge with Indian Overseas Bank of Rs. 55.00 M registered on 27 Feb 2017 with Charge ID 100095053 was modified on 10 Jul 2018.

    10 Jul 2018

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 55.00 M with Charge ID 100095053 was registered on 27 Feb 2017.

    27 Feb 2017

Frequently asked questions

  • Progressive Meters Private Limited was incorporated on 08 Oct 2013.

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

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

    • Kiran Devi Rajgarhia
    • Bela Rajgarhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Meters Private Limited is Flat No. 2C 2Nd Floor Urvashi Apartments, 3 Hungerford Street, Kolkata, West Bengal, India, 700017.

  • The corporate identification number (CIN) of Progressive Meters Private Limited is U33111WB2013PTC197828 and the company number is 197828 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Meters Private Limited is https://www.progressivemeters.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Progressive Meters Private Limited has risen by 680.60%.

  • As Per 2019 financial reports, 12 employees are currently employed by Progressive Meters Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Progressive Meters Private Limited has experienced an upsurge of 19.94%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Progressive Meters Private Limited amount to ₹ 5.50 Cr.

  • The most recent Balance Sheet for Progressive Meters Private Limited was filed with the ROC on 31 Mar 2019.

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