Progressive Meters Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 11 Year, 4 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
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
Who are the key members and board of directors at Progressive Meters?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bela Rajgarhia  | Director | 27-May-2019 | Current |
| Kiran Rajgarhia | Additional Director | 02-Dec-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Blob Infotech Private LimitedBela Rajgarhia is a mutual person
Excel International Pvt. LtdBela Rajgarhia and Kiran Rajgarhia are mutual person
- P.R. Properties Pvt. Ltd.
Bela Rajgarhia and Kiran Rajgarhia are mutual person
- Vikas Projects Pvt Ltd
Bela Rajgarhia and Kiran Rajgarhia are mutual person
Charges (Loans)
₹55.00 M
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 5.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2017 | Indian Overseas Bank | ₹5.50 Cr | Open |
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.
Deals i
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
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.
