Progressive Shared Services Private Limited

IT company providing back office, call center, data processing, BPO, and other services.

2005 | Delhi (India) | Merged
Last Updated:

Progressive Shared Services Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 11.75 Cr
  • Revenue Growth %
  • Profit Growth -36.63%
  • Ebitda -298.27%
  • Net Worth 705.52%
  • Total Assets 497.53%

About Progressive Shared Services

Progressive Shared Services Private Limited (PSSPL) is Amalgamated company established on 24 Feb 2005 with its office registered at Delhi, India and has been running since 20 Year, 2 Months with a paid up capital of 0.12 M. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2005PTC133404

  • Company No.

    133404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2005

  • Date of AGM

    19 Nov 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Outsourcing
Company report

Progressive Shared Services Private Limited

Explore comprehensive data for Progressive Shared Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Venu Garg Country flag representing In Director 20-Jun-2019Current
Prateek Garg Country flag representing In Director 20-Jun-2019Current

Financial Performance of Progressive Shared Services.

Progressive Shared Services Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 36.63% decrease in profit. The company's net worth Soared by an impressive increase of 705.52%.

Progressive Shared Services revenue growth over time
Progressive Shared Services 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
Revenue from Operations
Total Assets
497.53%
Profit or Loss
-36.63%
Net Worth
705.52%
EBITDA
-298.27%

What is the Ownership and Shareholding Structure of Progressive Shared Services?

In 2019, Progressive Shared Services 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)

Open Charges

₹0

Satisfied Charges

₹117.50 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 11.75 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2015Indian Overseas Bank₹11.75 CrSatisfied

How Many Employees Work at Progressive Shared Services?

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

Employee growth trends for Progressive Shared Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Shared 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 Shared Services'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 Shared Services

Recent activity within the organization

  • Annual General Meeting

    Progressive Shared Services Private Limited last Annual general meeting of members was held on 19 Nov 2020 as per latest MCA records.

  • Balance Sheet

    Progressive Shared Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.

  • Director Appointment

    Prateek Garg was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Director Appointment

    Venu Garg was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Charges

    A charge registered on 27 Oct 2015 via Charge ID 10599778 with Indian Overseas Bank was fully satisfied on 30 May 2019.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 117.50 M with Charge ID 10599778 was registered on 27 Oct 2015.

Frequently asked questions

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

    Progressive Shared Services Private Limited was incorporated on 24 Feb 2005.

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

    The authorized share capital of Progressive Shared Services Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.12 M.

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

    Currently 2 directors are associated with Progressive Shared Services Private Limited.

    • Prateek Garg
    • Venu Garg

  • What is the registered address of Progressive Shared Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Shared Services Private Limited is Flat No. 6317 Sector-C, Pocket-6 7 Vasant Kunj India, New Delhi, 110070.

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

    The corporate identification number (CIN) of Progressive Shared Services Private Limited is U74999DL2005PTC133404 and the company number is 133404 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Progressive Shared Services Private Limited has experienced an upsurge of 705.52%.

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

    The most recent Balance Sheet for Progressive Shared Services Private Limited was filed with the ROC on 31 Mar 2020.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Business Process Outsourcing