Progressive Steels (India) Limited Company Logo

Progressive Steels (India) Limited - Company Profile

It is a metals and minerals public limited company based in Patna, Bihar, India, established in 1986.

1986 | Patna, Bihar, India | Active
Last Updated:

About Progressive Steels (India) Limited

Progressive Steels (India) Limited, a active public limited company, was established on 26 August 1986 in Patna, Bihar, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L27100BR1986PLC002413. Registered under ROC Roc Patna. it is listed. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.03 Cr.

It upholds a active non-compliant status. Its leadership includes Rohit Patwari (Director), Anusuiya Kotriwala (Director), Vishal Patwari (Director). Past directors included Varsha Singh, Raj Kumar Patwari, Pushpa Kumari. It holds no open charges and ₹3.55 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 315, Ashiana Hariniwas Complex, Dak Bunglow Road,, Patna, Bihar, 800001.

Company Details

  • CIN/LLPIN

    L27100BR1986PLC002413

  • Registration Number

    002413

  • Incorporation Date

    26 August 1986

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.03 Cr

  • ROC Code

    Roc Patna

  • Listing Status

    Listed

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.03 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.55 Cr
  • Revenue Growth %
  • Profit Growth 5.30%
  • Ebitda 5.30%
  • Net Worth -1.08%
  • Total Assets -0.22%
Company report

Progressive Steels (India) Limited

Company Report FY 2025-2026

Explore comprehensive insights into Progressive Steels (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Progressive Steels (India) Limited?

Current Directors

NameDesignationAppointment DateStatus
Rohit PatwariDirector06 Oct 1994Current
Anusuiya KotriwalaDirector30 Sep 2015Current
Vishal PatwariDirector01 Sep 2008Current
Nirmal Kant GuptaDirector16 Nov 1987Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddManaging Director20 May 2021Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddCfo-Past

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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%.

Progressive Steels (India) revenue growth over time
Progressive Steels (India) 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
Revenue from Operations
Total Assets
-0.22%
Profit or Loss
5.30%
Net Worth
-1.08%
EBITDA
5.30%

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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹35,500,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.55 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 1993State Bank Of India₹3.55 CrSatisfied

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How Many Employees Work at Progressive Steels (India)?

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Employee growth trends for Progressive Steels (India) Limited

Deals i

Graph showing company valuation over time

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

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Progressive Steels (India)

Recent Activity within the Organization

  • Annual General Meeting

    The activity Progressive Steels (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progressive Steels (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna. was recorded as a recent event.

  • Director Appointment

    The activity Akanksha was appointed as a Company Secretary was appointed as a Company Secretary on 04 Oct 2021 & has been associated with this company since 4 years 2 months . was completed.

  • Director Appointment

    Govind Lal Sharma was appointed as a CFO was appointed as a CFO on 15 Dec 2019 & has been associated with this company since 6 years 9 days . was recorded as a recent event.

  • Director Appointment

    Anusuiya Kotriwala was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 2 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Mar 1993 via Charge ID 90264516 with State Bank Of India was fully satisfied on 15 Dec 2009. was completed.

Frequently Asked Questions

  • What is the CIN of Progressive Steels (India) Limited?

    The CIN of Progressive Steels (India) Limited is L27100BR1986PLC002413.

  • Where is Progressive Steels (India) Limited headquartered?

    Progressive Steels (India) Limited is headquartered at 315, Ashiana Hariniwas Complex, Dak Bunglow Road,, Patna, Bihar, 800001.

  • When was Progressive Steels (India) Limited incorporated?

    Progressive Steels (India) Limited was incorporated on 26 August 1986.

  • Who are the current directors of Progressive Steels (India) Limited?

    The current directors of Progressive Steels (India) Limited are

  • What is the primary industry of Progressive Steels (India) Limited?

    The primary industry of Progressive Steels (India) Limited is Manufacturing.

  • Is Progressive Steels (India) Limited a listed company?

    Progressive Steels (India) Limited is listed.

  • What is the capital structure of Progressive Steels (India) Limited?

    The authorized capital of Progressive Steels (India) Limited is ₹6.00 Cr, and the paid-up capital is ₹5.03 Cr.

  • What is the compliance status of Progressive Steels (India) Limited?

    The compliance status of Progressive Steels (India) Limited is Active Non-Compliant.

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