Good Life Progressive Private Limited

Good Life Progressive Private Limited - e-commerce in Ludhiana, Punjab, India. Directors, charges & compliance details.
CIN U52599PB2021PTC053520 Incorporated 01 June 2021 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2022
₹66,710
Latest filing
Net loss · FY 2022
₹20,525
Net margin -30.8%
EBITDA · FY 2022
-₹19,491
EBITDA margin -29.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Last financials
Mar 2022
Balance sheet date

About Good Life Progressive Private Limited

Data last updated:

Good Life Progressive Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 01 June 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52599PB2021PTC053520.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shambhu Kumar Mehto and Laxman Kumar Sahni.

Its last annual general meeting (AGM) was held on 01 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No 52 1st Floor St No 03 W No 14 Vishwakarma Colony Dhandari Khurd, Ludhiana, Punjab, India – 141014.

As per the financials filed for FY 2022, the company reported a revenue of ₹66,710. For the same year it recorded a net loss of ₹20,525 (net margin -30.8%) and EBITDA of -₹19,491 (EBITDA margin -29.2%).

Company details

CIN U52599PB2021PTC053520
Registration Number 053520
Incorporation Date 01 June 2021
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 December 2022
Date of Balance Sheet 31 March 2022

Contact details

Good Life Progressive Private Limited's registered office is in Ludhiana, Punjab.

  • Registered Address
    Plot No 52 1st Floor St No 03 W No 14 Vishwakarma Colony Dhandari Khurd, Ludhiana, Punjab, India – 141014
  • Industry
    E-Commerce, Online Store, Retailers
Comprehensive company report
Good Life Progressive Private Limited - one report that includes everything
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Good Life Progressive is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Good Life Progressive Private Limited, buy the company report.

Financials of Good Life Progressive Private Limited

FY 2022 filings available

Good Life Progressive Private Limited reported revenue of ₹66,710 for FY 2022.

Revenue · FY 2022
₹66,710
Net loss · FY 2022
₹20,525 margin -30.8%
EBITDA · FY 2022
-₹19,491 margin -29.2%

Financial Statement Summary

MetricsFY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹19,491
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20,525
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22
Profitability
EBITDA Margin-29.2%
Net Profit Margin-30.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Good Life Progressive Private Limited, buy the company report.

Board of directors of Good Life Progressive Private Limited

Good Life Progressive has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shambhu Kumar MehtoDirector01 Jun 20215 Years 5 MonthsCurrent
Laxman Kumar SahniDirector01 Jun 20215 Years 5 MonthsCurrent
Ashok ParsadDirector01 Jun 20215 Years 5 MonthsCurrent
Sanjay PanditDirector01 Jun 20215 Years 5 MonthsCurrent

Peer comparison

Good Life Progressive Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Radicure Equipment Private Limited₹66,801 (FY 2019)-82.0%Kolkata, West Bengal, India
Nextlink Decors India Private Limited₹66,800 (FY 2022)-55.0%Motihari, Bihar, India
Endpoint Technologies Private Limited₹66,780 (FY 2025)827.0%Pune, Maharashtra, India
Marxteil India Private Limited₹66,776 (FY 2021)Delhi, India
Keelikaa International (OPC) Private Limited₹66,746 (FY 2025)-42.0%Mohali, Punjab, India
Good Life Progressive Private Limitedthis company₹66,710 (FY 2022)-₹20,525-30.8%Ludhiana, Punjab, India
Jagmake Digital Private Limited₹66,684 (FY 2019)Panvel, Maharashtra, India
S.S. Syntex Private Limited₹66,611 (FY 2025)-48.0%Bhilwara, Rajasthan, India
Leo Infracapital Limited₹66,592 (FY 2025)-98.0%Delhi, India
Anant Portfolios Private Limited₹66,537 (FY 2019)-82.0%New Delhi, Delhi, India
Prayas Exports Private Limited₹66,524 (FY 2025)-93.0%Delhi, India

To see the full peer comparison of Good Life Progressive Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Good Life Progressive Private 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 Good Life Progressive Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Good Life Progressive Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Kumari Joole Charan Gupta ceased to be Director on 15 Jan 2022.

AGM
Good Life Progressive Private Limited last Annual general meeting of members was held on 01 Dec 2022 as per latest MCA records.
Filing
Good Life Progressive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.
Ceased
Kumari Joole Charan Gupta ceased to be Director.
Ceased
Santosh Kumar Shah ceased to be Director.
Appointed
Ashok Parsad was appointed as Director.
Appointed
Laxman Kumar Sahni was appointed as Director.
Appointed
Sanjay Pandit was appointed as Director.
Appointed
Shambhu Kumar Mehto was appointed as Director.
Incorporation
01 Jun 2021
Good Life Progressive Private Limited was registered on 01 Jun 2021 with Roc Chandigarh & aged 5 years 5 months as per MCA records.

Frequently asked questions

Good Life Progressive is an active private limited company based in Ludhiana, Punjab, India. The company works in online store, within the e-commerce industry. It was incorporated on 01 June 2021 (5+ years old) and is registered under CIN U52599PB2021PTC053520.

Good Life Progressive has 4 current directors:

The latest financial statements of Good Life Progressive on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 01 December 2022. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Good Life Progressive is U52599PB2021PTC053520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Good Life Progressive was incorporated on 01 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Good Life Progressive by revenue are Radicure Equipment Private Limited, Nextlink Decors India Private Limited, Endpoint Technologies Private Limited, Marxteil India Private Limited, Keelikaa International (OPC) Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Kumari Joole Charan Gupta ceased to be Director on 15 Jan 2022. Santosh Kumar Shah ceased to be Director on 15 Jan 2022. Ashok Parsad was appointed as Director on 01 Jun 2021. Good Life Progressive has 6 board changes on record in total.

The registered office of Good Life Progressive is at Plot No 52 1st Floor St No 03 W No 14 Vishwakarma Colony Dhandari Khurd, Ludhiana, Punjab, India – 141014.

Good Life Progressive operates in the e-commerce industry, in the online store segment.

Good Life Progressive can be reached at its registered office: Plot No 52 1st Floor St No 03 W No 14 Vishwakarma Colony Dhandari Khurd, Ludhiana, Punjab, India – 141014.

Good Life Progressive is registered under the jurisdiction of the Registrar of Companies (ROC), Chandigarh.