J B Progressive Private Limited

J B Progressive Private Limited - automotive in Indore, Madhya Pradesh, India. Directors, charges & compliance details.
CIN U34300MP2005PTC017528 Incorporated 20 April 2005 ROC Gwalior HQ Indore, Madhya Pradesh, India
Converted to LLP Private Limited Company automotive
Data last updated
Revenue · FY 2023
₹1.18 Cr
▼ 12% YoY
Net profit · FY 2023
₹10,006
Net margin 0.1%
EBITDA · FY 2023
₹12.87 Lakh
EBITDA margin 10.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹17.5 Lakh
Issued & subscribed
Satisfied charges
₹15 Lakh
No open charges
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings

About J B Progressive Private Limited

Data last updated:

J B Progressive Private Limited was a private limited company based in Indore, Madhya Pradesh, 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 automobile dealership and trading segment of the automotive sector. It was incorporated on 20 April 2005.

The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U34300MP2005PTC017528. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.5 Lakh. It was led by directors including Mahesh Narayan Jajoo and Neha Jajoo.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Magnum Tower 5/2 Maharaniroad, Indore, Madhya Pradesh, India – 452007.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.18 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹10,006 (net margin 0.1%) and EBITDA of ₹12.87 Lakh (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 27% over five years.

As per MCA filings, the company has satisfied charges of ₹15 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.

Company Details of J B Progressive Private Limited
CIN U34300MP2005PTC017528
Registration Number 017528
Incorporation Date 20 April 2005
ROC Gwalior
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Key People
Mahesh Narayan Jajoo Director Neha Jajoo Director Sujata Jajoo Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Magnum Tower 5/2 Maharaniroad, Indore, Madhya Pradesh, India – 452007
  • Industry
    Automotive, Auto Dealership & Trading
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Financials, compliance, directors, charges, ownership and filings for J B Progressive Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of J B Progressive Private Limited

The main business activity of J B Progressive is manufacturing. In detail, this covers food, beverages and tobacco products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC1Food, beverages and tobacco productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of J B Progressive Private Limited FY 2023 filings available

J B Progressive Private Limited reported revenue of ₹1.18 Cr (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹1.18 Cr ▼ 12%
Net profit · FY 2023
₹10,006 margin 0.1%
EBITDA · FY 2023
₹12.87 Lakh margin 10.9%

Compounded Annual Growth Rate (CAGR) of J B Progressive Private Limited

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 9%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 23%
5 years · compounded
▼ 22%

Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 12% fall in the latest year. EBITDA fell 64% 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 J B Progressive Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹1.18 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹12.87 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹10,006••••••••••••••••
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 J B Progressive Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin10.9%••••••••••••••••
Net Profit Margin0.1%••••••••••••••••
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 J B Progressive are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of J B Progressive Private Limited

J B Progressive Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Manda Vipra Infra Private Limited₹1.18 Cr (FY 2025)••••••••-59.0%••••Jaipur, Rajasthan, India
Techonsoal Energy Private Limited₹1.18 Cr (FY 2024)••••••••2595.0%••••Bhubaneswar, Odisha, India
Gearheads Automotive (OPC) Private Limited₹1.18 Cr (FY 2025)••••••••35.0%••••Hyderabad, Telangana, India
Kampra Auto Private Limited₹1.18 Cr (FY 2024)••••••••6.0%••••New Delhi, Delhi, India
Essae Solutions Private Limited₹1.18 Cr (FY 2025)••••••••18.0%••••Bangalore, Karnataka, India
J B Progressive Private Limited this company₹1.18 Cr (FY 2023)••••••••-12.0%••••Indore, Madhya Pradesh, India
Bittu Automobile Service Private Limited₹1.18 Cr (FY 2024)••••••••72.0%••••Nadia, West Bengal, India
Saishyam Automobiles Private Limited₹1.18 Cr (FY 2017)••••••••-30.0%••••Allahabad, Uttar Pradesh, India
Simas Exports Private Limited₹1.17 Cr (FY 2025)••••••••-11.0%••••Delhi, India
Go4garage Private Limited₹1.17 Cr (FY 2023)••••••••472.0%••••Noida, Uttar Pradesh, India
Commercial Tyres (India) Private Limited₹1.17 Cr (FY 2025)••••••••8.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below J B Progressive by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of J B Progressive Private Limited

J B Progressive Private Limited is audited by J RAM & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
J RAM & CO.LockedLockedLocked
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Board of Directors of J B Progressive Private Limited

J B Progressive has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mahesh Narayan Jajoo
Also directs: G O D Bearings LLP, J B Progressive LLP
Director20 Apr 200521 Years 5 MonthsAs last reported
Neha Jajoo
Also directs: J B Progressive LLP
Director20 Apr 200521 Years 5 MonthsAs last reported
Sujata Jajoo
Also directs: G O D Bearings LLP, J B Progressive LLP
Director15 Mar 20179 Years 6 MonthsAs last reported
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Ownership and Shareholding of J B Progressive Private Limited

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Charges & Borrowings of J B Progressive Private Limited

Open charges
None
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Uco Bank₹0.15 Cr
Latest charge details
DateLenderAmountStatus
05 Mar 2012Uco Bank₹15 LakhSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at J B Progressive Private Limited

Employment history and EPFO contributions of people linked to J B Progressive.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on J B Progressive Private Limited

J B Progressive Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Sujata Jajoo ceased to be Additional Director on 29 Sep 2017.

AGM
J B Progressive Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
J B Progressive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Ceased
Sujata Jajoo ceased to be Additional Director.
Appointed
Sujata Jajoo was appointed as Director.
Ceased
Deepak Rai Baheti ceased to be Director.
Ceased
Sonal Baheti ceased to be Director.
Ceased
Vaibhav Jajoo ceased to be Director.
Charges
A charge registered on 05 Mar 2012 via Charge ID 10343575 with Uco Bank was fully satisfied on 07 Jun 2016.
Charges
A charge with Uco Bank amounted to Rs. 15.00 Lakh with Charge ID 10343575 was registered on 05 Mar 2012.
Appointed
Mahesh Narayan Jajoo was appointed as Director.
Appointed
Neha Jajoo was appointed as Director.
Incorporation
20 Apr 2005
J B Progressive Private Limited was registered on 20 Apr 2005 with Roc Gwalior & aged 21 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for J B Progressive Private Limited

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MSME Payment Delays by J B Progressive Private Limited

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Subsidiaries & Group Companies of J B Progressive Private Limited

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GST Compliance of J B Progressive Private Limited

J B Progressive has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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MCA Filings & Documents of J B Progressive Private Limited

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Frequently Asked Questions about J B Progressive Private Limited

J B Progressive 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.

J B Progressive was a private limited company based in Indore, Madhya Pradesh, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 20 April 2005 and is registered under CIN U34300MP2005PTC017528. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of J B Progressive is U34300MP2005PTC017528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

J B Progressive had 3 directors:

J B Progressive was incorporated on 20 April 2005. It is registered with the Registrar of Companies, Gwalior.

The registered office of J B Progressive is at Magnum Tower 52 Maharaniroad, Indore, Madhya Pradesh, India – 452007.

J B Progressive reported revenue of ₹1.18 Cr for FY 2023 (down 12% YoY).

J B Progressive has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.5 Lakh.

J B Progressive reported a net profit of ₹10,006 (net margin 0.1%) and EBITDA of ₹12.87 Lakh (EBITDA margin 10.9%) for FY 2023, as per its filed financial statements.

No. J B Progressive has 2 GST registrations on record and all of them are cancelled or inactive.

J B Progressive operated in the automotive industry, in the auto dealership and trading segment.

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