Progwell Innovations Private Limited

Founded in 2014 and headquartered in Maharashtra, India.

2014 | Thane, Maharashtra (India) | Active
Last Updated: December 16, 2024

Progwell Innovations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -83.36%
  • Profit Growth 92.73%
  • Ebitda -71.91%
  • Net Worth -3.78%
  • Total Assets -0.01%

About Progwell Innovations

Progwell Innovations Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 June 2014 and has a history of Ten years and eight months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Research & Development 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Shetty and Bhupinder Malhotra serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2014PTC255424

  • Company No.

    255424

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Research & Development

What products or services does Progwell Innovations Private Limited offer?

Progwell Innovations Private Limited offers a wide range of products and services, including Hospital and Medical Furniture, Hospital Equipment, Steering Parts & Components, Steering Parts, Business Planning and Management, Business Consultant, Commercial Vehicles & Three Wheelers, Intermediate and Light Commercial Vehicles, Computer Software & Mobile Apps, ERP Packages.

Who are the key members and board of directors at Progwell Innovations?

Board Members (2)

Name Designation Appointment Date Status
Rajesh Shetty Country flag representing In Director 10-Jun-2014 Current
Bhupinder Malhotra Country flag representing In Director 10-Jun-2014 Current

Financial Performance of Progwell Innovations.

Progwell Innovations Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 83.36% decrease. The company also saw a substantial improvement in profitability, with a 92.73% increase in profit. The company's net worth dipped by a decrease of 3.78%.

Graph illustrating revenue growth over time
Graph showing 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
-83.36%
Revenue from Operations
-83.84%
Total Assets
-0.01%
Profit or Loss
92.73%
Net Worth
-3.78%
EBITDA
-71.91%

What is the Ownership and Shareholding Structure of Progwell Innovations?

In 2017, Progwell Innovations 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Progwell Innovations?

Unlock and access historical data on people associated with Progwell Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progwell Innovations, 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 Progwell Innovations'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 Progwell Innovations

Recent activity within the organization

  • Annual General Meeting

    Progwell Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Progwell Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Rajesh Jagannath Shetty was appointed as a Director was appointed as a Director on 10 Jun 2014 & has been associated with this company since 10 years 8 months .

    10 Jun 2014

  • Director Appointment

    Bhupinder Singh Malhotra was appointed as a Director was appointed as a Director on 10 Jun 2014 & has been associated with this company since 10 years 8 months .

    10 Jun 2014

  • Company Incorporation

    Progwell Innovations Private Limited was registered on 10 Jun 2014 with Roc Mumbai & aged 10 years 8 months as per MCA records.

    10 Jun 2014

Frequently asked questions

  • Progwell Innovations Private Limited was incorporated on 10 Jun 2014.

  • The authorized share capital of Progwell Innovations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Progwell Innovations Private Limited.

    • Rajesh Jagannath Shetty
    • Bhupinder Singh Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progwell Innovations Private Limited is 1205 Juniper Everest World Kolshet Road Near Dhokali Naka, (West) India, Thane, Maharashtra, 400607.

  • The corporate identification number (CIN) of Progwell Innovations Private Limited is U74120MH2014PTC255424 and the company number is 255424 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Progwell Innovations Private Limited has fallen by -83.36%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Progwell Innovations Private Limited has experienced an downturn of -3.78%.

  • The most recent Balance Sheet for Progwell Innovations Private Limited was filed with the ROC on 31 Mar 2024.