Progressive Minerals (India) Pvt. Ltd.

Coal and coke trading company with registered office in Bihar.

1991 | Dharbhanga(Bihar), Bihar (India) | Active
Last Updated: December 11, 2024

Progressive Minerals (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.49 M
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 772.57%
  • Profit Growth 94927.97%
  • Ebitda -64.11%
  • Net Worth 460.23%
  • Total Assets 37.58%

About Progressive Minerals (India)

Progressive Minerals (India) Pvt. Ltd. (PMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 1991 and has a history of 33 years and ten months. Its registered office is in Dharbhanga(Bihar), Bihar.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.49 M, as per Ministry of Corporate Affairs (MCA) records.

Narendra Karn, Nishant Karn, and Tushar Karn serve as directors at the Company.

Company Details

  • Location
    Dharbhanga(Bihar), Bihar
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00320BR1991PTC004401

  • Company No.

    004401

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Metals and Minerals

Who are the key members and board of directors at Progressive Minerals (India)?

Board Members (3)

Name Designation Appointment Date Status
Narendra Karn Country flag representing In Director 02-Jun-1997 Current
Nishant Karn Country flag representing In Director 05-Jan-2022 Current
Tushar Karn Country flag representing In Director 01-Oct-2005 Current

Financial Performance of Progressive Minerals (India).

Progressive Minerals (India) Pvt. Ltd., for the financial year ended 2020, experienced significant growth in revenue, with a 772.57% increase. The company also saw a substantial improvement in profitability, with a 94927.97% increase in profit. The company's net worth Soared by an impressive increase of 460.23%.

Graph illustrating revenue growth over time
Graph showing 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
772.57%
Revenue from Operations
Total Assets
37.58%
Profit or Loss
94927.97%
Net Worth
460.23%
EBITDA
-64.11%

What is the Ownership and Shareholding Structure of Progressive Minerals (India)?

In 2019, Progressive Minerals (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Progressive Minerals (India)?

Unlock and access historical data on people associated with Progressive Minerals (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Minerals (India), 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 Minerals (India)'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 Minerals (India)

Recent activity within the organization

  • Annual General Meeting

    Progressive Minerals (India) Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Progressive Minerals (India) Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Director Appointment

    Nishant Kumar Karn was appointed as a Director was appointed as a Director on 05 Jan 2022 & has been associated with this company since 3 years 26 days .

    05 Jan 2022

  • Director Appointment

    Tushar Karn was appointed as a Director was appointed as a Director on 01 Oct 2005 & has been associated with this company since 19 years 4 months .

    01 Oct 2005

  • Director Appointment

    Narendra Kumar Karn was appointed as a Director was appointed as a Director on 02 Jun 1997 & has been associated with this company since 27 years 7 months .

    02 Jun 1997

  • Company Incorporation

    Progressive Minerals (India) Pvt. Ltd. was registered on 20 Mar 1991 with Roc Patna & aged 33 years 10 months as per MCA records.

    20 Mar 1991

Frequently asked questions

  • Progressive Minerals (India) Pvt. Ltd. was incorporated on 20 Mar 1991.

  • The authorized share capital of Progressive Minerals (India) Pvt. Ltd. is ₹ 0.50 M and paid-up capital is ₹ 0.49 M.

  • Currently 3 directors are associated with Progressive Minerals (India) Pvt. Ltd..

    • Narendra Kumar Karn
    • Nishant Kumar Karn
    • Tushar Karn
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Minerals (India) Pvt. Ltd. is B-14 Donar Industrial Area, India, Dharbhanga(Bihar).

  • The corporate identification number (CIN) of Progressive Minerals (India) Pvt. Ltd. is U00320BR1991PTC004401 and the company number is 004401 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Progressive Minerals (India) Pvt. Ltd. has risen by 772.57%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Progressive Minerals (India) Pvt. Ltd. has experienced an upsurge of 460.23%.

  • The most recent Balance Sheet for Progressive Minerals (India) Pvt. Ltd. was filed with the ROC on 31 Mar 2023.

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