Progressive Devcon and Multitrade Privte Limited
About Progressive Devcon and Multitrade Privte Limited
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Progressive Devcon and Multitrade Privte Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 18 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52100MP2011PTC025208.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ibrahim Husain and Ataur Rehman.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bhopal, Madhya Pradesh.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.77 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹20.72 Lakh (net margin -434.4%) and EBITDA of -₹20.31 Lakh (EBITDA margin -425.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Progressive Devcon and Multitrade Privte Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No: – Ff 117 First Floor Minaal Mall Minal Residency J.K. Road, Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Progressive Devcon and Multitrade Privte Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Progressive Devcon and Multitrade Privte is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Progressive Devcon and Multitrade Privte Limited, buy the company report.
Financials of Progressive Devcon and Multitrade Privte Limited
FY 2019 filings availableProgressive Devcon and Multitrade Privte Limited reported revenue of ₹4.77 Lakh (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 9% fall in the latest year. EBITDA fell 782% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹20.31 Lakh | ||||
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| Net Profit (PAT) | -₹20.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -425.7% | ||||
| Net Profit Margin | -434.4% | ||||
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To see the full financial statements and ratios of Progressive Devcon and Multitrade Privte Limited, buy the company report.
Board of directors of Progressive Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Husain Also directs: Career Home India Private Limited | Director | 18 Jan 2011 | 15 Years 9 Months | Current |
| Ataur Rehman | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
Peer comparison
Progressive Devcon and Multitrade Privte Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WRG Housing Industries Private Limited | ₹4.78 Lakh (FY 2024) | -42.0% | Delhi, India | |||
| Nimbit Buildcon Private Limited | ₹4.78 Lakh (FY 2025) | -63.0% | New Delhi, Delhi, India | |||
| Shoubhi Real Estates Private Limited | ₹4.78 Lakh (FY 2021) | -97.0% | New Delhi, Delhi, India | |||
| Maitrey Buildhome Private Limited | ₹4.77 Lakh (FY 2017) | -49.0% | Jaipur, Rajasthan, India | |||
| Pujan Real Estates Private Limited | ₹4.77 Lakh (FY 2025) | 89.0% | Delhi, India | |||
| Progressive Devcon and Multitrade Privte Limited this company | ₹4.77 Lakh (FY 2019) | -₹20.72 Lakh | -434.4% | -9.0% | Bhopal, Madhya Pradesh, India | |
| Nineplanet Infracon Private Limited | ₹4.77 Lakh (FY 2018) | 47245.0% | Bareilly, Uttar Pradesh, India | |||
| Avivision Infra Private Limited | ₹4.77 Lakh (FY 2018) | -96.0% | Lucknow, Uttar Pradesh, India | |||
| Land Global Infra Private Limited | ₹4.76 Lakh (FY 2025) | 142.0% | New Delhi, Delhi, India | |||
| A.S.D. Earth Movers Private Limited | ₹4.76 Lakh (FY 2016) | -35.0% | Vadodara, Gujarat, India | |||
| A.M. Buildtech Private Limited | ₹4.75 Lakh (FY 2025) | -98.0% | New Delhi, Delhi, India |
To see the full peer comparison of Progressive Devcon and Multitrade Privte Limited, buy the company report.
Auditor
Progressive Devcon and Multitrade Privte Limited is audited by MALVIYA NARULA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALVIYA NARULA & CO. | FY 2017 | 016459C |
Shareholding
The shareholding of Progressive Devcon and Multitrade Privte Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Devcon and Multitrade Privte Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Devcon and Multitrade Privte Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Devcon and Multitrade Privte Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progressive Devcon and Multitrade Privte Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Devcon and Multitrade Privte Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ataur Rehman was appointed as Director on 30 Jan 2018.
Frequently asked questions
Progressive Devcon and Multitrade Privte is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 18 January 2011 (15+ years old) and is registered under CIN U52100MP2011PTC025208.
Progressive Devcon and Multitrade Privte has 2 current directors:
- Ibrahim Husain - Director
- Ataur Rehman - Director
The latest financial statements of Progressive Devcon and Multitrade Privte on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Progressive Devcon and Multitrade Privte is U52100MP2011PTC025208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Devcon and Multitrade Privte was incorporated on 18 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Progressive Devcon and Multitrade Privte by revenue are WRG Housing Industries Private Limited, Nimbit Buildcon Private Limited, Shoubhi Real Estates Private Limited, Maitrey Buildhome Private Limited, Pujan Real Estates Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Ataur Rehman was appointed as Director on 30 Jan 2018. Sakeena Husain ceased to be Director on 30 Jan 2018. Ataur Rehman ceased to be Director on 18 Apr 2011. Progressive Devcon and Multitrade Privte has 4 board changes on record in total.
The registered office of Progressive Devcon and Multitrade Privte is at Shop No: – Ff 117 First Floor Minaal Mall Minal Residency J.K. Road, Govindpura, Bhopal, Madhya Pradesh, India – 462023.
Progressive Devcon and Multitrade Privte operates in the real estate industry, in the real estate leasing segment.
The compliance status of Progressive Devcon and Multitrade Privte is active non-compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.
Progressive Devcon and Multitrade Privte can be reached at its registered office: Shop No: – Ff 117 First Floor Minaal Mall Minal Residency J.K. Road, Govindpura, Bhopal, Madhya Pradesh, India – 462023.