Good Life Progressive Private Limited
About Good Life Progressive Private Limited
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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
Contact details
Good Life Progressive Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressPlot No 52 1st Floor St No 03 W No 14 Vishwakarma Colony Dhandari Khurd, Ludhiana, Punjab, India – 141014
- IndustryE-Commerce, Online Store, Retailers
- 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 Good Life Progressive is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availableGood Life Progressive Private Limited reported revenue of ₹66,710 for FY 2022.
Financial Statement Summary
| Metrics | FY 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
| Metrics | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shambhu Kumar Mehto | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
| Laxman Kumar Sahni | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
| Ashok Parsad | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
| Sanjay Pandit | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
Legal cases
No court or tribunal cases involving Good Life Progressive 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 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.
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:
- Shambhu Kumar Mehto - Director
- Laxman Kumar Sahni - Director
- Ashok Parsad - Director
- Sanjay Pandit - Director
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.
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