Progressive Steel Processors Private Limited

Manufacturer of steel products with in-house fabrication and tool room, serving various clients since 1971.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated:

Progressive Steel Processors Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 53 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -6.68%
  • Profit Growth -201.60%
  • Ebitda -148.63%
  • Net Worth -28.66%
  • Total Assets -3.90%

About Progressive Steel Processors

Progressive Steel Processors Private Limited (PSPPL) was founded in India on 15 December 1971 and has a glorious history of 53 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 2.40 M and a paid-up capital of Rs 2.40 M, as per Ministry of Corporate Affairs (MCA) records.

Sanjiv Suri and Sandhya Suri serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1971PTC015491

  • Company No.

    015491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 1971

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Progressive Steel Processors Private Limited offer?

Progressive Steel Processors Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, Metal Forming Machine.

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

Board Members (2)

NameDesignationAppointment DateStatus
Sanjiv Suri Country flag representing In Director 20-Jul-1990Current
Sandhya Suri Country flag representing In Director 16-May-2022Current

Financial Performance of Progressive Steel Processors.

Progressive Steel Processors Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.68% decrease. The company also saw a substantial fall in profitability, with a 201.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.66%.

Progressive Steel Processors revenue growth over time
Progressive Steel Processors 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
-6.68%
Revenue from Operations
-6.92%
Total Assets
-3.90%
Profit or Loss
-201.60%
Net Worth
-28.66%
EBITDA
-148.63%

What is the Ownership and Shareholding Structure of Progressive Steel Processors?

In 2020, Progressive Steel Processors had a promoter holding of 86.88% and a public holding of 13.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Progressive Steel Processors?

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

Employee growth trends for Progressive Steel Processors Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Progressive Steel Processors Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Progressive Steel Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sandhya Sanjiv Suri was appointed as a Director was appointed as a Director on 16 May 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Sanjiv Somprakash Suri was appointed as a Director was appointed as a Director on 20 Jul 1990 & has been associated with this company since 34 years 7 months .

  • Company Incorporation

    Progressive Steel Processors Private Limited was registered on 15 Dec 1971 with Roc Mumbai & aged 53 years 2 months as per MCA records.

Frequently asked questions

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

    Progressive Steel Processors Private Limited was incorporated on 15 Dec 1971.

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

    The authorized share capital of Progressive Steel Processors Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.40 M.

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

    Currently 2 directors are associated with Progressive Steel Processors Private Limited.

    • Sanjiv Somprakash Suri
    • Sandhya Sanjiv Suri
  • What is the registered address of Progressive Steel Processors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Steel Processors Private Limited is 235 2Nd Floor Hindustan Kohinoor Industrial Complex L.B.S. Marg, Vikhroli (West) India, Mumbai, Maharashtra, 400083.

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

    The corporate identification number (CIN) of Progressive Steel Processors Private Limited is U99999MH1971PTC015491 and the company number is 015491 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Progressive Steel Processors Private Limited has fallen by -6.68%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Progressive Steel Processors Private Limited has experienced an downturn of -28.66%.

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

    The most recent Balance Sheet for Progressive Steel Processors Private Limited was filed with the ROC on 31 Mar 2024.

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