Progressive Stamping Private Limited

Manufactures auto parts, sheet metal components, machinery parts, tools, jigs, dies, and allied items.

2004 | Delhi (India) | Active
Last Updated: October 24, 2024

Progressive Stamping Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.32 M
  • Company Age 21 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.01 Cr
  • Satisfied Charges ₹ 13.39 Cr
  • Revenue Growth 33.68%
  • Profit Growth 357.72%
  • Ebitda 86.83%
  • Net Worth 40.52%
  • Total Assets -7.79%

About Progressive Stamping

Progressive Stamping Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 January 2004 and has a history of 21 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Progressive Stampings Private Limited. The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.32 M.

The company currently has active open charges totaling ₹17.01 Cr. The company has closed loans amounting to ₹13.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kulpreet Gandhi and Devinder Kaur serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109DL2004PTC123900

  • Company No.

    123900

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Kulpreet Gandhi Country flag representing In Director 10-Aug-2017 Current
Devinder Kaur Country flag representing In Additional Director Current

Financial Performance of Progressive Stamping.

Progressive Stamping Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.68% increase. The company also saw a substantial improvement in profitability, with a 357.72% increase in profit. The company's net worth Soared by an impressive increase of 40.52%.

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
33.68%
Revenue from Operations
33.97%
Total Assets
-7.79%
Profit or Loss
357.72%
Net Worth
40.52%
EBITDA
86.83%

What is the Ownership and Shareholding Structure of Progressive Stamping?

In 2023, Progressive Stamping had a promoter holding of 78.26% and a public holding of 21.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹170.11 M

Satisfied Charges

₹133.94 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.93 Cr
  • Oriental Bank Of Commerce Ssi : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
19 May 2023 Hdfc Bank Limited ₹1.80 M Open
29 Oct 2012 Hdfc Bank Limited ₹16.75 Cr Open
26 Apr 2011 Oriental Bank Of Commerce Ssi ₹0.79 M Open
22 Jan 2011 Oriental Bank Of Commerce Ssi ₹4.00 M Satisfied
11 Dec 2009 Oriental Bank Of Commerce Ssi ₹8.50 M Satisfied

How Many Employees Work at Progressive Stamping?

Progressive Stamping has a workforce of 76 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Progressive Stamping Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 M with Charge ID 100726222 was registered on 19 May 2023.

    19 May 2023

  • Balance Sheet

    Progressive Stamping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 167.52 M registered on 29 Oct 2012 with Charge ID 10391476 was modified on 11 Jul 2022.

    11 Jul 2022

  • Director Appointment

    Kulpreet Gandhi was appointed as a Director was appointed as a Director on 10 Aug 2017 & has been associated with this company since 7 years 5 months .

    10 Aug 2017

  • Charges

    A charge registered on 27 Feb 2007 via Charge ID 10042209 with Oriental Bank Of Commerce Ssi was fully satisfied on 22 Jan 2013.

    22 Jan 2013

Frequently asked questions

  • Progressive Stamping Private Limited was incorporated on 06 Jan 2004.

  • The authorized share capital of Progressive Stamping Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.32 M.

  • Currently 2 directors are associated with Progressive Stamping Private Limited.

    • Kulpreet Gandhi
    • Devinder Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Stamping Private Limited is A - 3A, Ground Floor Maharani Bagh India, New Delhi, 110065.

  • The corporate identification number (CIN) of Progressive Stamping Private Limited is U27109DL2004PTC123900 and the company number is 123900 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Stamping Private Limited has risen by 33.68%.

  • As Per 2023 financial reports, 76 employees are currently employed by Progressive Stamping Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Stamping Private Limited has experienced an upsurge of 40.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Progressive Stamping Private Limited amount to ₹ 17.01 Cr.

  • The most recent Balance Sheet for Progressive Stamping Private Limited was filed with the ROC on 31 Mar 2023.

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