Progressive Tools And Components Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 10-07-2024
- Paid Up Capital ₹ 5.00 M
as on 10-07-2024
- Company Age 52 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.46 Cr
as on 10-07-2024
- Satisfied Charges ₹ 26.60 Cr
as on 10-07-2024
- Revenue 138.03%
(FY 2022)
- Profit 235.06%
(FY 2022)
- Ebitda 89.10%
(FY 2022)
- Net Worth 31.02%
(FY 2022)
- Total Assets 29.46%
(FY 2022)
About Progressive Tools And Components
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 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹29.46 Cr. The company has closed loans amounting to ₹26.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parmjit Gandhi, Jasmeet Gandhi, Amarjit Gandhi, and One other member serve as directors at the Company.
- CIN/LLPIN
U31101UP1972PTC003571
- Company No.
003571
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jul 1972
- Date of AGM
21 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Ghaziabad, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Progressive Tools And Components Private Limited. offer?
Progressive Tools And Components Private Limited. offers a wide range of products and services, including Ironing Board Table, Electric Kettle, Electric Water Kettle, Weighing Scales & Measuring Tapes, Food Weighing Machine, Home Appliances & Kitchen Appliances, Sandwich Makers, Slice Pop-Up Toaster, Vending Machines & Dispensers, Mini Coffee Makers.
Who are the key members and board of directors at Progressive Tools And Components?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parmjit Gandhi  | Director | 01-Mar-1994 | Current |
| Jasmeet Gandhi | Director | 28-Oct-1986 | Current |
| Amarjit Gandhi | Director | 07-Jun-2009 | Current |
Takahiro Chigira  | Director | 20-Sep-2022 | Current |
Financial Performance and Corporate Structure Insights of Progressive Tools And Components.
Progressive Tools And Components Private Limited., for the financial year ended 2022, experienced significant growth in revenue, with a 138.03% increase. The company also saw a substantial improvement in profitability, with a 235.06% increase in profit. The company's net worth Soared by an impressive increase of 31.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progressive Tools And Components?
In 2023, Progressive Tools And Components had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 30 Oct 2023 | ₹2.50 M | Open |
Hdfc Bank Limited Creation Date: 03 Dec 2022 | ₹1.53 M | Open |
Hdfc Bank Limited Creation Date: 29 Aug 2022 | ₹2.00 M | Open |
How Many Employees Work at Progressive Tools And Components?
Progressive Tools And Components has a workforce of 42 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progressive Tools And Components, 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 Tools And Components'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.
