Progressive Polytex Private Limited

Company trades cement, paper, and paperboard.

1993 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Progressive Polytex Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.92 M
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.05 M
  • Revenue Growth 8.37%
  • Profit Growth 99.34%
  • Ebitda 415.21%
  • Net Worth -0.47%
  • Total Assets -9.23%

About Progressive Polytex

Progressive Polytex Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 1993 and has a history of 31 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.92 M.

The company currently has active open charges totaling ₹2.05 M.

Aradhana Dalmiya, Satish Dalmiya, and Devashish Dalmiya serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25111KA1993PTC014108

  • Company No.

    014108

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1993

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Satish Dalmiya Country flag representing In Managing Director17-Mar-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Aradhana Dalmiya Country flag representing In Director 01-Jul-1994Current
Devashish Dalmiya Country flag representing In Director 11-Nov-2013Current

Financial Performance of Progressive Polytex.

Progressive Polytex Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 8.37% increase. The company also saw a substantial improvement in profitability, with a 99.34% increase in profit. The company's net worth dipped by a decrease of 0.47%.

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
8.37%
Revenue from Operations
9.29%
Total Assets
-9.23%
Profit or Loss
99.34%
Net Worth
-0.47%
EBITDA
415.21%

What is the Ownership and Shareholding Structure of Progressive Polytex?

In 2019, Progressive Polytex had a promoter holding of 45.65% and a public holding of 54.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2023Hdfc Bank Limited₹0.75 MOpen
10 Nov 2020Hdfc Bank Limited₹1.30 MOpen

How Many Employees Work at Progressive Polytex?

Unlock and access historical data on people associated with Progressive Polytex, 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 Polytex, 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 Polytex'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 Polytex

Recent activity within the organization

  • Annual General Meeting

    Progressive Polytex Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

    12 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.75 M with Charge ID 100735447 was registered on 19 May 2023.

    19 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.30 M with Charge ID 100408740 was registered on 10 Nov 2020.

    10 Nov 2020

  • Director Appointment

    Devashish Dalmiya was appointed as a Director was appointed as a Director on 11 Nov 2013 & has been associated with this company since 11 years 3 months .

    11 Nov 2013

  • Director Appointment

    Aradhana Dalmiya was appointed as a Director was appointed as a Director on 01 Jul 1994 & has been associated with this company since 30 years 7 months .

    01 Jul 1994

Frequently asked questions

  • Progressive Polytex Private Limited was incorporated on 17 Mar 1993.

  • The authorized share capital of Progressive Polytex Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.92 M.

  • Currently 3 directors are associated with Progressive Polytex Private Limited.

    • Aradhana Dalmiya
    • Satish Kumar Dalmiya
    • Devashish Dalmiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Polytex Private Limited is No.240-241 2Nd Floor Raheja Arcade Koramangala, India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Progressive Polytex Private Limited is U25111KA1993PTC014108 and the company number is 014108 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Progressive Polytex Private Limited has risen by 8.37%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Progressive Polytex Private Limited has experienced an downturn of -0.47%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Progressive Polytex Private Limited amount to ₹ 2.05 M.

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

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