Progressive Star Finance Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
as on 18-07-2024
- Paid Up Capital ₹ 1.07 Cr
as on 18-07-2024
- Company Age 33 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.00 Cr
as on 18-07-2024
- Revenue -28.60%
(FY 2023)
- Profit -102.24%
(FY 2023)
- Ebitda -42.77%
(FY 2023)
- Net Worth -0.12%
(FY 2023)
- Total Assets -9.04%
(FY 2023)
About Progressive Star Finance
The Corporate was formerly known as Progressive Star Holdings & Consultants Pvt.Ltd.. 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 1.07 Cr.
The company currently has active open charges totaling ₹28.00 Cr.
Utsav Parekh, Samarth Parekh, Surendra Ojha, and One other member serve as directors at the Company.
- CIN/LLPIN
U70109WB1991PTC053288
- Company No.
053288
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- 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 Star Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samarth Parekh  | Managing Director | 14-Mar-2013 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saharsh Parekh | Director | 01-Jan-2016 | Current |
| Utsav Parekh | Director | 06-Apr-2021 | Current |
| Surendra Ojha | Whole-Time Director | 05-Mar-2020 | Current |
Financial Performance and Corporate Structure Insights of Progressive Star Finance.
Progressive Star Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.6% decrease. The company also saw a substantial fall in profitability, with a 102.24% decrease in profit. The company's net worth dipped by a decrease of 0.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Progressive Star Finance?
In 2023, Progressive Star Finance had a promoter holding of 81.31% and a public holding of 18.69%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nexome Real Estates Private LimitedActive 17 years 8 monthsUtsav Parekh and Saharsh Parekh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Mar 2021 | ₹28.00 Cr | Open |
How Many Employees Work at Progressive Star Finance?
Unlock and access historical data on people associated with Progressive Star Finance, 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 Star Finance, 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 Star Finance'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.
