About Indian Progressive Construction Private Limited
Data last updated:
Indian Progressive Construction Private Limited is a private limited company based in Deoghar, Jharkhand, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 18 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U45200JH2007PTC012846. Its GSTIN is 20AABCI7487B1ZW (Jharkhand). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.89 Cr. It is led by directors including Sanjay Kumar Kunjilwar and Rajesh Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ipc Live – In Flat No. 203 2nd Floor, Deoghar – Sarwan Road Near Ram Janki Mandir, Jharkhand, India – 814112.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.63 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 4.2%) and EBITDA of ₹5.19 Cr (EBITDA margin 19.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 17% over five years.
The company is associated with 1 brand: Ipc Group. As per MCA filings, the company has open charges of ₹13.08 Cr and satisfied charges of ₹10.52 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipcgroup.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIpc Live – In Flat No. 203 2nd Floor, Deoghar – Sarwan Road Near Ram Janki Mandir, Jharkhand, India – 814112
- IndustryInfrastructure and Utilities, Road & Bridge Construction, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of Indian Progressive Construction Private Limited
The main business activity of Indian Progressive Construction is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indian Progressive Construction Private Limited FY 2024 filings available
Indian Progressive Construction Private Limited reported revenue of ₹26.63 Cr (up 29% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Indian Progressive Construction Private Limited
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA fell 12% 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 of Indian Progressive Construction Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹26.63 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.13 Cr | •••• | •••• | •••• | •••• |
| 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 of Indian Progressive Construction Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indian Progressive Construction are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Indian Progressive Construction Private Limited
Indian Progressive Construction Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services, Roads and Bridges). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RG Infraprojects Private Limited | •••• | •••• | •••• | •••• | 34 | Bangalore, Karnataka, India |
| Deopura Infra Cons Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Adorn Infra Energy Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Cornerstone Constructions Limited | •••• | •••• | •••• | •••• | 82 | Chennai 102, Tamil Nadu, India |
| Kopargaon Ahmednagar Tollways (Phase I) Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Indian Progressive Construction Private Limited this company | •••• | •••• | •••• | •••• | - | Deoghar, Jharkhand, India |
| Panache Realbuild Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Buildsoul India Private Limited | •••• | •••• | •••• | •••• | - | Firozpur, Punjab, India |
| Sumati Solutions Private Limited | •••• | •••• | •••• | •••• | - | Jogeshwari East, Maharashtra, India |
| Visvasrk Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Jeypore, Orissa, India |
| Sr Deshmukh Engineers & Contractor Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indian Progressive Construction by revenue in the Infrastructure industry (Construction Services, Roads and Bridges), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Indian Progressive Construction Private Limited
Indian Progressive Construction Private Limited is audited by JHAJHARIA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JHAJHARIA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Indian Progressive Construction Private Limited
Indian Progressive Construction has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Kunjilwar | Director | 18 Jun 2007 | 19 Years 3 Months | Current |
| Rajesh Kumar Singh | Director | 18 Jun 2007 | 19 Years 3 Months | Current |
| Umesh Pandey | Director | 18 Jun 2007 | 19 Years 3 Months | Current |
| Jitesh Rajpal | Director | 18 Jun 2007 | 19 Years 3 Months | Current |
Ownership and Shareholding of Indian Progressive Construction Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indian Progressive Construction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2019 | Others | ₹32 Lakh | Open |
| 25 Oct 2019 | Others | ₹33.97 Lakh | Open |
| 27 Aug 2009 | Others | ₹12.42 Cr | Open |
| 31 Mar 2015 | Hdfc Bank Limited | ₹31.73 Lakh | Satisfied |
| 05 Jan 2015 | Hdfc Bank Limited | ₹11.5 Lakh | Satisfied |
Total charge records: 16 View all charges
Legal Cases of Indian Progressive Construction Private Limited
Indian Progressive Construction Private Limited has 11 court cases on record: 3 filed by Indian Progressive Construction, 5 filed against it, 3 where it is another party. 2 cases are pending and 9 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 5 | 5 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dhanbad, Jharkhand | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by an individual | Pending |
| District court, Ranchi, Jharkhand | Criminal complaint | Filed against the company by Union of India | Pending |
| High Court of Jharkhand | Court case (W.P.(Cr.)) | Filed by the company against Union of India | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against State of Jharkhand | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Indian Progressive Construction Private Limited
Indian Progressive Construction operates one associated brand: IPC GROUP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions for residential and road development projects. | ipcgroup.org |
Employees and EPFO Compliance at Indian Progressive Construction Private Limited
Employment history and EPFO contributions of people linked to Indian Progressive Construction.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Indian Progressive Construction Private Limited
Indian Progressive Construction has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Indian Progressive Construction Private Limited
Indian Progressive Construction Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Jitesh Rajpal was appointed as Director on 18 Jun 2007.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indian Progressive Construction Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indian Progressive Construction Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indian Progressive Construction Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indian Progressive Construction Private Limited
Indian Progressive Construction has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AABCI7487B1ZW | Jharkhand | Active | 01 Jul 2017 |
| 10AABCI7487B1ZX | Bihar | Active | 15 Dec 2017 |
| 21AABCI7487B1ZU | Odisha | Active | 04 Dec 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indian Progressive Construction Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indian Progressive Construction Private Limited
Indian Progressive Construction is an active private limited company based in Deoghar, Jharkhand, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 18 June 2007 (19+ years old) and is registered under CIN U45200JH2007PTC012846.
Indian Progressive Construction reported revenue of ₹26.63 Cr for FY 2019 (up 29% YoY).
Indian Progressive Construction has 4 current directors:
- Sanjay Kumar Kunjilwar - Director
- Rajesh Kumar Singh - Director
- Umesh Pandey - Director
- Jitesh Rajpal - Director
Indian Progressive Construction reported a net profit of ₹1.13 Cr (net margin 4.2%) and EBITDA of ₹5.19 Cr (EBITDA margin 19.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indian Progressive Construction is -28% over three years and -17% over five years. In the latest year (FY 2019) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indian Progressive Construction is 20AABCI7487B1ZW, registered in Jharkhand. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 10AABCI7487B1ZX (Bihar), 21AABCI7487B1ZU (Odisha).
The CIN (Corporate Identification Number) of Indian Progressive Construction is U45200JH2007PTC012846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Progressive Construction has 11 court cases on record: 3 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Indian Progressive Construction was incorporated on 18 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Indian Progressive Construction by revenue are RG Infraprojects Private Limited, Deopura Infra Cons Private Limited, Adorn Infra Energy Private Limited, Cornerstone Constructions Limited, Kopargaon Ahmednagar Tollways (Phase I) Private Limited and 5 more, all in the Infrastructure industry (Construction Services, Roads and Bridges).
Jitesh Rajpal was appointed as Director on 18 Jun 2007. Rajesh Kumar Singh was appointed as Director on 18 Jun 2007. Sanjay Kumar Kunjilwar was appointed as Director on 18 Jun 2007. Indian Progressive Construction has 4 board changes on record in total.