Progressive Multitrade Private Limited

Provides trading services in shares, securities, mutual funds, and various goods in India and abroad.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated:

Progressive Multitrade Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -77.51%
  • Profit Growth -61.69%
  • Ebitda -71.59%
  • Net Worth 10.53%
  • Total Assets 0.11%

About Progressive Multitrade

Progressive Multitrade Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 May 2015 (Nine years and ten months 2 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Nawal Joshi and Sunil Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52100MH2015PTC264870

  • Company No.

    264870

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2015

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Nawal Joshi Country flag representing In Director 26-May-2015Current
Sunil Shah Country flag representing In Director 26-May-2015Current

Financial Performance of Progressive Multitrade.

Progressive Multitrade Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 77.51% decrease. The company also saw a substantial fall in profitability, with a 61.69% decrease in profit. The company's net worth Soared by an impressive increase of 10.53%.

Progressive Multitrade revenue growth over time
Progressive Multitrade 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
-77.51%
Revenue from Operations
-77.60%
Total Assets
0.11%
Profit or Loss
-61.69%
Net Worth
10.53%
EBITDA
-71.59%

What is the Ownership and Shareholding Structure of Progressive Multitrade?

In 2019, Progressive Multitrade 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 Multitrade?

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

Employee growth trends for Progressive Multitrade Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Multitrade, 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 Multitrade'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 Multitrade

Recent activity within the organization

  • Annual General Meeting

    Progressive Multitrade Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Progressive Multitrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Nawal Kishor Joshi was appointed as a Director was appointed as a Director on 26 May 2015 & has been associated with this company since 9 years 10 months .

  • Director Appointment

    Sunil Indravadan Shah was appointed as a Director was appointed as a Director on 26 May 2015 & has been associated with this company since 9 years 10 months .

  • Company Incorporation

    Progressive Multitrade Private Limited was registered on 26 May 2015 with Roc Mumbai & aged 9 years 10 months as per MCA records.

Frequently asked questions

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

    Progressive Multitrade Private Limited was incorporated on 26 May 2015.

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

    The authorized share capital of Progressive Multitrade Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

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

    Currently 2 directors are associated with Progressive Multitrade Private Limited.

    • Nawal Kishor Joshi
    • Sunil Indravadan Shah
  • What is the registered address of Progressive Multitrade Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Multitrade Private Limited is 401 Corporate Avenue Sonawal Cross Road, Goregaon(East) India, Mumbai, Maharashtra, 400063.

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

    The corporate identification number (CIN) of Progressive Multitrade Private Limited is U52100MH2015PTC264870 and the company number is 264870 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2019, the revenue trend for Progressive Multitrade Private Limited has fallen by -77.51%.

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

    The financial reports for the fiscal year 2019 indicates that The net worth of Progressive Multitrade Private Limited has experienced an upsurge of 10.53%.

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

    The most recent Balance Sheet for Progressive Multitrade Private Limited was filed with the ROC on 31 Mar 2024.

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