Progressive Meters Private Limited

Manufactures electric meters, including smart and single phase, with ISO certifications.

2013 | Kolkata, West Bengal (India) | Under Liquidation
Last Updated:

Progressive Meters Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 5.50 Cr
  • Revenue Growth 680.60%
  • Profit Growth 219.33%
  • Ebitda 2105.79%
  • Net Worth 19.94%
  • Total Assets 44.29%

About Progressive Meters

Progressive Meters Private Limited (PMPL) is Under Liquidation company established on 08 Oct 2013 with its office registered at Kolkata, West Bengal, India and has been running since 11 Year, 6 Months with a paid up capital of 5.00 M. According to MCA records, 2 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33111WB2013PTC197828

  • Company No.

    197828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 2013

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Energy and Power
Company report

Progressive Meters Private Limited

Explore comprehensive data for Progressive Meters Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

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

Financial Performance 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%.

Progressive Meters revenue growth over time
Progressive Meters 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
680.60%
Revenue from Operations
698.44%
Total Assets
44.29%
Profit or Loss
219.33%
Net Worth
19.94%
EBITDA
2105.79%

What is the Ownership and Shareholding Structure of Progressive Meters?

In 2019, Progressive Meters had a promoter holding of 94.01% and a public holding of 5.99%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2017Indian Overseas Bank₹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.

Employee growth trends for Progressive Meters Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Meters, 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 Meters'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 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 5 months .

  • Annual General Meeting

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

  • 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 11 months .

  • Balance Sheet

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

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Progressive Meters Private Limited?

    Progressive Meters Private Limited was incorporated on 08 Oct 2013.

  • What is authorized share capital and paid-up capital of Progressive Meters Private Limited?

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

  • Who are the current board members & directors of Progressive Meters Private Limited?

    Currently 2 directors are associated with Progressive Meters Private Limited.

    • Bela Rajgarhia
    • Kiran Devi Rajgarhia

  • What is the registered address of Progressive Meters Private Limited?

    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, India, Kolkata, West Bengal, 700017.

  • What is the corporate identification number (CIN) and company number of Progressive Meters Private Limited?

    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).

  • What is the official website of Progressive Meters Private Limited?

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

  • What has been the recent revenue trend for Progressive Meters Private Limited?

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

  • How many employees does Progressive Meters Private Limited currently have?

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

  • What change has been observed in the net worth of Progressive Meters Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Progressive Meters Private Limited?

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

  • When was the last Balance Sheet of Progressive Meters Private Limited filed with the ROC?

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

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