
Progressive Foundry and Engineering Company Pvt Ltd
About Progressive Foundry and Engineering Company Pvt Ltd
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Progressive Foundry and Engineering Company Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1985PTC008247. Its GSTIN is 24AACCP9988M1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ketan Ambalal Panchal and Jignaben Ketan Panchal.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 111/P G.I.D.C. Estate Odhav, Ahmedabad, Gujarat, India – 382410.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Foundry and Engineering Company Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 111/P G.I.D.C. Estate Odhav, Ahmedabad, Gujarat, India – 382410
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Progressive Foundry and Engineering Company Pvt Ltd, 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
Financials of Progressive Foundry and Engineering Company Pvt Ltd
FY 2025 filings availableProgressive Foundry and Engineering Company Pvt Ltd reported revenue of ₹9,400 for FY 2023.
Financial Statement Summary
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| Total Revenue | ₹9,400 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Progressive Foundry and Engineering Company Pvt Ltd, buy the company report.
Board of directors of Progressive Foundry and Engineering Company Pvt Ltd
Progressive Foundry and Engineering Company has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Ambalal Panchal | Director | 19 Aug 1996 | 30 Years 2 Months | Current |
| Jignaben Ketan Panchal | Director | 25 Apr 2020 | 6 Years 6 Months | Current |
Auditor
Progressive Foundry and Engineering Company Pvt Ltd is audited by J.C. SHAH & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.C. SHAH & Co. | FY 2023 | 118004 |
Shareholding
The shareholding of Progressive Foundry and Engineering Company Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Foundry and Engineering Company Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Foundry and Engineering Company Pvt Ltd 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 Foundry and Engineering Company Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Foundry and Engineering Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP9988M1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Foundry and Engineering Company Pvt Ltd, buy the company report.
Recent activity
Progressive Foundry and Engineering Company Pvt Ltd has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Ankit Ambalal Panchal ceased to be Director on 25 Apr 2020.
Frequently asked questions
Progressive Foundry and Engineering Company is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 07 November 1985 (41+ years old) and is registered under CIN U45201GJ1985PTC008247.
Progressive Foundry and Engineering Company has 2 current directors:
- Ketan Ambalal Panchal - Director
- Jignaben Ketan Panchal - Director
The latest financial statements of Progressive Foundry and Engineering Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Progressive Foundry and Engineering Company is 24AACCP9988M1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Progressive Foundry and Engineering Company is U45201GJ1985PTC008247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Foundry and Engineering Company was incorporated on 07 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankit Ambalal Panchal ceased to be Director on 25 Apr 2020. Jignaben Ketan Panchal was appointed as Director on 25 Apr 2020. Ketan Ambalal Panchal was appointed as Director on 19 Aug 1996.
The registered office of Progressive Foundry and Engineering Company is at Plot No. 111P G.I.D.C. Estate Odhav, Ahmedabad, Gujarat, India – 382410.
Progressive Foundry and Engineering Company operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
The compliance status of Progressive Foundry and Engineering Company is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.

