Progressive Tools And Components Private Limited.

Manufactures tools, dies, and auto parts since 1972.

1972 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated:

Progressive Tools And Components Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 52 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.10 Cr
  • Satisfied Charges ₹ 26.60 Cr

About Progressive Tools And Components

Progressive Tools And Components Private Limited. (PTACPL) was founded in India on 04 July 1972 and has a glorious history of 52 years and eight months. Its registered office is in Ghaziabad, Uttar Pradesh, 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 2024. 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 ₹45.10 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.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31101UP1972PTC003571

  • Company No.

    003571

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1972

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive
Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Parmjit Gandhi Country flag representing In Director 01-Mar-1994Current
Jasmeet Gandhi Country flag representing In Director 28-Oct-1986Current
Amarjit Gandhi Country flag representing In Director 01-Nov-2018Current
Takahiro Chigira Country flag representing Jp Director 20-Sep-2022Current

Financial Performance of Progressive Tools And Components.

Progressive Tools And Components Private Limited., for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Progressive Tools And Components revenue growth over time
Progressive Tools And Components 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
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Progressive Tools And Components?

In 2024, 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.10 Cr

Satisfied Charges

₹26.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.09 Cr
  • Others : 15.00 Cr
  • Punjab National Bank : 6.16 Cr
  • Oriental Bank Of Commerce : 0.75 Cr
  • U.P. Financial Corporation : 0.40 Cr
  • Others : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jul 2024Others₹15.00 CrOpen
10 Apr 2024Hdfc Bank Limited₹6.39 MOpen
30 Oct 2023Hdfc Bank Limited₹2.50 MOpen
03 Dec 2022Hdfc Bank Limited₹1.53 MOpen
29 Aug 2022Hdfc Bank Limited₹2.00 MOpen

How Many Employees Work at Progressive Tools And Components?

Progressive Tools And Components has a workforce of 41 employees as of Jan 23, 2025. 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.

Employee growth trends for Progressive Tools And Components Private Limited.

Deals i

Graph showing company valuation over time

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

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 Tools And Components

Recent activity within the organization

  • Annual General Meeting

    Progressive Tools And Components Private Limited. last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100956306 was registered on 03 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.64 Cr with Charge ID 100927133 was registered on 10 Apr 2024.

  • Balance Sheet

    Progressive Tools And Components Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100840975 was registered on 30 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.85 Cr registered on 06 Dec 2004 with Charge ID 80036733 was modified on 22 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Progressive Tools And Components Private Limited.?

    Progressive Tools And Components Private Limited. was incorporated on 04 Jul 1972.

  • What is authorized share capital and paid-up capital of Progressive Tools And Components Private Limited.?

    The authorized share capital of Progressive Tools And Components Private Limited. is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Progressive Tools And Components Private Limited.?

    Currently 4 directors are associated with Progressive Tools And Components Private Limited..

    • Parmjit Gandhi
    • Jasmeet Gandhi
    • Amarjit Gandhi
    • Takahiro Chigira

  • What is the registered address of Progressive Tools And Components Private Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Tools And Components Private Limited. is 8/3A Site Iv Sahibabadindustrial Area Ghaziabad India, Uttar Pradesh, 201010.

  • What is the corporate identification number (CIN) and company number of Progressive Tools And Components Private Limited.?

    The corporate identification number (CIN) of Progressive Tools And Components Private Limited. is U31101UP1972PTC003571 and the company number is 003571 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Progressive Tools And Components Private Limited.?

    The Official website of Progressive Tools And Components Private Limited. is https://www.ptc-india.com

  • How many employees does Progressive Tools And Components Private Limited. currently have?

    As Per 2024 financial reports, 41 employees are currently employed by Progressive Tools And Components Private Limited..

  • What are the total open charges for Progressive Tools And Components Private Limited.?

    As per the financial statements for fiscal Year 2024, The total open charges for Progressive Tools And Components Private Limited. amount to ₹ 45.10 Cr.

  • When was the last Balance Sheet of Progressive Tools And Components Private Limited. filed with the ROC?

    The most recent Balance Sheet for Progressive Tools And Components Private Limited. was filed with the ROC on 31 Mar 2024.

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