Progressive Merchandise Private Limited
About Progressive Merchandise Private Limited
Data last updated:
Progressive Merchandise Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the building construction segment of the construction sector. It was incorporated on 16 November 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2007PTC120397. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹11 Lakh and a paid-up capital of ₹8.25 Lakh. It was led by directors including Ateet Kumar Dalmia and Mohit Dalmia.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.81 Lakh (net margin 1.7%) and EBITDA of ₹5.55 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
Company details
Contact details
Progressive Merchandise Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor 16A, Shakespeare Sarani, Kolkata, West Bengal, India – 700071
- IndustryConstruction, Buildings
To see the full contact details of Progressive Merchandise Private 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 Merchandise is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Progressive Merchandise Private Limited, buy the company report.
Financials of Progressive Merchandise Private Limited
FY 2022 filings availableProgressive Merchandise Private Limited reported revenue of ₹2.26 Cr (up 740% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 740% growth in the latest year. EBITDA rose 459% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹5.55 Lakh | ||||
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| Net Profit (PAT) | ₹3.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Progressive Merchandise Private Limited, buy the company report.
Board of directors of Progressive Merchandise Private Limited
Progressive Merchandise has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ateet Kumar Dalmia Also directs: Progressive Merchandise LLP | Director | 20 Apr 2011 | 15 Years 6 Months | As last reported |
| Mohit Dalmia Also directs: Progressive Merchandise LLP | Additional Director | 07 Oct 2009 | 17 Years 1 Months | As last reported |
| Mamta Dalmia Also directs: Progressive Merchandise LLP | Additional Director | 07 Oct 2009 | 17 Years 1 Months | As last reported |
Peer comparison
Progressive Merchandise Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pavithra Constructions Private Limited | ₹2.26 Cr (FY 2025) | -63.0% | Bangalore, Karnataka, India | |||
| Beeta Associates Private Limited | ₹2.26 Cr (FY 2025) | -28.0% | Jalgaon, Maharashtra, India | |||
| Nava Jyothi Shelters Private Limited | ₹2.26 Cr (FY 2024) | -94.0% | Bangalore, Karnataka, India | |||
| Progressive Merchandise Private Limitedthis company | ₹2.26 Cr (FY 2022) | ₹3.81 Lakh | 1.7% | 740.0% | Kolkata, West Bengal, India | |
| HVG Infrastructure Development Private Limited | ₹2.25 Cr (FY 2024) | 59.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Progressive Merchandise Private Limited, buy the company report.
Shareholding
The shareholding of Progressive Merchandise Private 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 Merchandise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Merchandise Private 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 Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Merchandise has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Progressive Merchandise Private Limited, buy the company report.
Recent activity
Progressive Merchandise Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Pushkar Mal Dokania ceased to be Additional Director on 11 Apr 2016.
Frequently asked questions
Progressive Merchandise has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Progressive Merchandise was a private limited company based in Kolkata, West Bengal, India. The company worked in buildings, within the construction industry. It was incorporated on 16 November 2007 and is registered under CIN U51109WB2007PTC120397. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Progressive Merchandise is U51109WB2007PTC120397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Merchandise had 3 directors:
- Ateet Kumar Dalmia - Director
- Mohit Dalmia - Additional Director
- Mamta Dalmia - Additional Director
Progressive Merchandise was incorporated on 16 November 2007. It is registered with the Registrar of Companies, Kolkata.
The registered office of Progressive Merchandise is at 1st Floor 16A, Shakespeare Sarani, Kolkata, West Bengal, India – 700071.
The latest financial statements of Progressive Merchandise on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
No. Progressive Merchandise has 1 GST registration on record and it is cancelled or inactive.
Progressive Merchandise operated in the construction industry, in the buildings segment.
The peers of Progressive Merchandise by revenue are Pavithra Constructions Private Limited, Beeta Associates Private Limited, Nava Jyothi Shelters Private Limited, HVG Infrastructure Development Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Pushkar Mal Dokania ceased to be Additional Director on 11 Apr 2016. Ateet Kumar Dalmia was appointed as Director on 20 Apr 2011. Ananda Bose ceased to be Additional Director on 26 Aug 2010. Progressive Merchandise has 8 board changes on record in total.
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