Progressive Steel Automotive Solution Private Limited

Produces high-quality sprockets for motorcycles, ATVs, and industrial use.

2021 | Delhi (India) | Active
Last Updated: November 04, 2024

Progressive Steel Automotive Solution Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 4 Year, 1 Day
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 291.78%
  • Profit Growth 135.58%
  • Ebitda 270.01%
  • Net Worth 276.06%
  • Total Assets 106.99%

About Progressive Steel Automotive Solution

Progressive Steel Automotive Solution Private Limited (PSASPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2021 (Four years 1 days old ). Its registered office is in Delhi, India.

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 1.00 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹2.00 Cr.

Pradeep Kapoor, Saurabh Kapoor, and Gautam Kapoor serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2021PTC377615

  • Company No.

    377615

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Progressive Steel Automotive Solution?

Financial Performance of Progressive Steel Automotive Solution.

Progressive Steel Automotive Solution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 291.78% increase. The company also saw a substantial improvement in profitability, with a 135.58% increase in profit. The company's net worth Soared by an impressive increase of 276.06%.

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
291.78%
Revenue from Operations
290.64%
Total Assets
106.99%
Profit or Loss
135.58%
Net Worth
276.06%
EBITDA
270.01%

What is the Ownership and Shareholding Structure of Progressive Steel Automotive Solution?

Unlock access to Progressive Steel Automotive Solution's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2021Others₹2.00 CrOpen

How Many Employees Work at Progressive Steel Automotive Solution?

Progressive Steel Automotive Solution has a workforce of 8 employees as of Apr 01, 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 Steel Automotive Solution, 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 Steel Automotive Solution'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 Steel Automotive Solution

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Progressive Steel Automotive Solution 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 Others amounted to Rs. 20.00 M with Charge ID 100455650 was registered on 28 May 2021.

    28 May 2021

  • Director Appointment

    Pradeep Kapoor was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 4 years 1 day .

    26 Feb 2021

  • Director Appointment

    Saurabh Kapoor was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 4 years 1 day .

    26 Feb 2021

  • Director Appointment

    Gautam Kapoor was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 4 years 1 day .

    26 Feb 2021

Frequently asked questions

  • What is the Incorporation or founding date of Progressive Steel Automotive Solution Private Limited?

    Progressive Steel Automotive Solution Private Limited was incorporated on 26 Feb 2021.

  • What is authorized share capital and paid-up capital of Progressive Steel Automotive Solution Private Limited?

    The authorized share capital of Progressive Steel Automotive Solution Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

  • Who are the current board members & directors of Progressive Steel Automotive Solution Private Limited?

    Currently 3 directors are associated with Progressive Steel Automotive Solution Private Limited.

    • Pradeep Kapoor
    • Saurabh Kapoor
    • Gautam Kapoor
  • What is the registered address of Progressive Steel Automotive Solution Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Steel Automotive Solution Private Limited is Plot No.100, Matiala Village Najafgarh Road India, Delhi, 110059.

  • What is the corporate identification number (CIN) and company number of Progressive Steel Automotive Solution Private Limited?

    The corporate identification number (CIN) of Progressive Steel Automotive Solution Private Limited is U34300DL2021PTC377615 and the company number is 377615 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Progressive Steel Automotive Solution Private Limited?

    The Official website of Progressive Steel Automotive Solution Private Limited is https://www.progressivesteels.com

  • What has been the recent revenue trend for Progressive Steel Automotive Solution Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Steel Automotive Solution Private Limited has risen by 291.78%.

  • How many employees does Progressive Steel Automotive Solution Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Progressive Steel Automotive Solution Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Steel Automotive Solution Private Limited has experienced an upsurge of 276.06%.

  • What are the total open charges for Progressive Steel Automotive Solution Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Progressive Steel Automotive Solution Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Progressive Steel Automotive Solution Private Limited filed with the ROC?

    The most recent Balance Sheet for Progressive Steel Automotive Solution Private Limited was filed with the ROC on 31 Mar 2023.