About
Basic Data Updated:
3 months agoThe Company is engaged in the Automobiles 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 50.00 Lakh and a paid-up capital of Rs 35.00 Lakh.
The Corporate currently has active open charges totaling ₹8.99 cr. It has already closed loans amounting to ₹6.25 cr, as per the Ministry of Corporate Affairs (MCA) records.
Kalpesh Kothari, Hetalben Kothari, and Narayandas Kothari serve as directors at the Company.
Industry
Company Details
- Location
Rajkot, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U35914GJ1999PTC036405 |
| Company No. | 036405 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 10 Aug 1999 |
| Date of AGM | 30 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Ahmedabad |
Financials of Progressive Motors Private Limited
Progressive Motors Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 17.54% decrease. The company also saw a substantial improvement in profitability, with a 77.34% increase in profit. The company's net worth moved up by a moderate rise of 1.06%.
Corporate Structure
Unlock access to Progressive Motors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Progressive Motors Private Limited
Unlock and access historical data on people associated with Progressive Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 29 Nov 2017 | ₹4.69 Cr | Open |
Citizens Co-Operative Bank Limited Creation Date: 08 Oct 2012 | ₹3.00 M | Open |
Others Creation Date: 07 Feb 2009 | ₹4.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progressive Motors, 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 Motors'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.
Alert
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.
Related Corporates (Common Directorship)
10 months 27 days Recent activity within the organization
Annual General Meeting
Progressive Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Progressive Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge with State Bank Of India of Rs. 469.21 Lakh registered on 29 Nov 2017 with Charge ID 100140993 was modified on 23 Jun 2020.
23 Jun 2020Charges
A charge registered on 21 Jun 2007 via Charge ID 10058650 with The Hongkong And Shanghai Banking Corporation Ltd was fully satisfied on 08 Mar 2019.
08 Mar 2019Charges
A charge registered on 29 Mar 2006 via Charge ID 10002909 with Standard Chartered Bank was fully satisfied on 11 Dec 2017.
11 Dec 2017
Frequently asked questions
What is the Incorporation or founding date of Progressive Motors Private Limited?
