Progressive Steels (India) Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.04 Cr
- Company Age 38 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.55 Cr
- Revenue Growth %
- Profit Growth 5.30%
- Ebitda 5.30%
- Net Worth -1.08%
- Total Assets -0.22%
About Progressive Steels (India)
Progressive Steels (India) Limited (PSIL) is a Public Limited Indian Non-Government Company incorporated in India on 26 August 1986 and has a history of 38 years and five months. Its registered office is in Patna, Bihar, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.04 Cr.
The company has closed loans amounting to ₹3.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Progressive Steels (India) Limited India are Akanksha as COMPANY SECRETARY and Govind Sharma as Cfo. Vishal Patwari, Rohit Patwari, Nirmal Gupta, and One other member serve as directors at the Company.
Company Details
- Location
Patna, Bihar, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L27100BR1986PLC002413
- Company No.
002413
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Aug 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Patna
Industry
Who are the key members and board of directors at Progressive Steels (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govind Sharma  | CFO | 15-Dec-2019 | Current |
| Akanksha | Company Secretary | 04-Oct-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Patwari | Director | 01-Sep-2008 | Current |
| Rohit Patwari | Director | 06-Oct-1994 | Current |
| Nirmal Gupta | Director | 16-Nov-1987 | Current |
| Anusuiya Kotriwala | Director | 30-Sep-2015 | Current |
Financial Performance of Progressive Steels (India).
Progressive Steels (India) Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 5.3% increase in profit. The company's net worth dipped by a decrease of 1.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Progressive Steels (India)?
In 2023, Progressive Steels (India) had a promoter holding of 3.06% and a public holding of 96.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Alstro Global Private LimitedNirmal Gupta is a mutual person
Patson Steels Private LimitedVishal Patwari is a mutual person
Peevee Infralogistics LlpVishal Patwari is a mutual person
- V S Minerals Private Limited
Vishal Patwari is a mutual person
Charges (Loans)
₹0
₹3.55 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 3.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 1993 | State Bank Of India | ₹3.55 Cr | Satisfied |
How Many Employees Work at Progressive Steels (India)?
Unlock and access historical data on people associated with Progressive Steels (India), 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 Steels (India), 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 Steels (India)'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
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