Progressive Services Profile
Key Indicators
- Authorised Capital ₹ 2.28 Cr
as on 19-12-2024
- Paid Up Capital ₹ 1.99 Cr
as on 19-12-2024
- Company Age 41 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 M
as on 19-12-2024
- Revenue -29.70%
(FY 2022)
- Profit -102.45%
(FY 2022)
- Ebitda 29.57%
(FY 2022)
- Net Worth -0.02%
(FY 2022)
- Total Assets 2.66%
(FY 2022)
About Progressive Services
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 2.28 Cr and a paid-up capital of Rs 1.99 Cr.
The company currently has active open charges totaling ₹1.50 M.
Sanjay Atha, Ashok Jain, and Hari Mullick serve as directors at the Company.
- CIN/LLPIN
U51909WB1983PLC047820
- Company No.
047820
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Aug 1983
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Progressive Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Jain  | Managing Director | 21-Jan-1986 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Atha | Director | 20-Mar-2015 | Current |
| Hari Mullick | Director | 01-Dec-2004 | Current |
Financial Performance of Progressive Services.
Progressive Services Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.7% decrease. The company also saw a substantial fall in profitability, with a 102.45% decrease in profit. The company's net worth dipped by a decrease of 0.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progressive Services?
In 2021, Progressive Services had a promoter holding of 74.00% and a public holding of 25.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dudhoria Construction Co LtdActive 43 years 6 monthsSanjay Atha, Ashok Jain and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 May 2023 | ₹1.00 M | Open |
Hdfc Bank Limited Creation Date: 02 Aug 2021 | ₹0.50 M | Open |
How Many Employees Work at Progressive Services?
Unlock and access historical data on people associated with Progressive Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progressive Services, 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 Services'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.
