Progrex Ventures Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 03-12-2024
- Paid Up Capital ₹ 3.60 Cr
as on 03-12-2024
- Company Age 43 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 6.45 Cr
as on 03-12-2024
- Revenue 204.54%
(FY 2022)
- Profit 32.00%
(FY 2022)
- Ebitda 3.41%
(FY 2022)
- Net Worth -0.81%
(FY 2022)
- Total Assets -0.68%
(FY 2022)
About Progrex Ventures
The Corporate was formerly known as Progressive Extractions & Exports Limited. The Company is engaged in the Chemicals And Materials 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 7.00 Cr and a paid-up capital of Rs 3.60 Cr.
The company has closed loans amounting to ₹6.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Progrex Ventures Limited India are Nitin Bhondwe as CEO and Kriti Singh as Company Secretary. Avneesh Sabherwal, Shruti Dange, and Harshvardhan Maheshwari serve as directors at the Company.
- CIN/LLPIN
L15141MP1981PLC001759
- Company No.
001759
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Apr 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Gwalior
Industry
Company Details
- Location
Bhopal, Madhya Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Progrex Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Bhondwe | CEO | 20-Jan-2020 | Current |
| Kriti Singh | Company Secretary | 07-Sep-2020 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avneesh Sabherwal  | Director | 31-Jan-2003 | Current |
| Shruti Dange | Director | 30-Jun-2015 | Current |
| Harshvardhan Maheshwari | Director | 24-Aug-2016 | Current |
Financial Performance of Progrex Ventures.
Progrex Ventures Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 204.54% increase. The company also saw a substantial improvement in profitability, with a 32% increase in profit. The company's net worth dipped by a decrease of 0.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progrex Ventures?
In 2021, Progrex Ventures had a promoter holding of 74.37% and a public holding of 25.63%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sterling Contractors And Builders Private LimitedActive 28 years 3 monthsAvneesh Sabherwal is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Madhya Pradesh Financial Corporation Creation Date: 03 Jan 2003 | ₹7.50 M | Satisfied |
Madhya Pradesh Financial Corporation Creation Date: 01 Aug 2002 | ₹7.50 M | Satisfied |
Madhya Pradesh Financial Corporation Creation Date: 22 Jun 2002 | ₹7.50 M | Satisfied |
How Many Employees Work at Progrex Ventures?
Unlock and access historical data on people associated with Progrex Ventures, 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 Progrex Ventures, 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 Progrex Ventures'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.
