Prime Progression Global Commerce Private Limited - Company Profile

It is a engineering private limited company based in Bangalore, Karnataka, India, established in 2020.
2020 Bangalore, Karnataka, India Active
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About Prime Progression Global Commerce Private Limited

Prime Progression Global Commerce Private Limited, a active private limited company, was established on 16 March 2020 in Bangalore, Karnataka, India. Engaging in engineering components retail & distribution within the trade sector, it holds CIN: U36101KA2020PTC133397. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.24 M.

Employing 20 professional, Its leadership includes Kizhakepat Achuthan Menon (Director), Haridas Sajit (Ceo), Krishnamurthy Rajagopalan (Whole-Time Director). Past directors included Sairaman Krishnamoorthy, Ramamurthy Chandrasekar, Kizhakepat Achuthan Menon. It holds ₹11.05 Cr open charges and ₹4.00 Cr settled loans. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at 323, Amulya Mansion,8Th Main,2Nd Cross, Beml Layout, Kundalahalli Main Road, Bangalore, Karnataka, 560066.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U36101KA2020PTC133397

  • Registration Number

    133397

  • Incorporation Date

    16 March 2020

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.24 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.24 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 11.05 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth **** -6.85%
  • Profit Growth **** -3.70%
  • Ebitda **** -64.44%
  • Net Worth 1.36%
  • Total Assets **** 6.84%
Company report

Prime Progression Global Commerce Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Prime Progression Global Commerce Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prime Progression Global Commerce Private Limited?
Current Directors
Name Designation Appointment Date Status
Kizhakepat Achuthan Menon Director 16 Mar 2020 Current
Haridas Sajit Ceo 07 Jul 2025 Current
Krishnamurthy Rajagopalan Whole-Time Director 16 Feb 2023 Current
Shilpa Gangan Director 01 Oct 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Sep 2021 Past
Pramod Abcsdd Director 20 Sep 2021 Past
Pramod Abcsdd Director 20 Sep 2021 Past
Pramod Abcsdd Additional Director 27 Sep 2023 Past
Pramod Abcsdd Additional Director 27 Sep 2023 Past
Pramod Abcsdd Director 31 Jan 2022 Past

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Financial Performance of Prime Progression Global Commerce.

Prime Progression Global Commerce Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.85% decrease. The company also saw a slight decrease in profitability, with a 3.7% decrease in profit. The company's net worth moved up by a moderate rise of 1.36%.

Prime Progression Global Commerce revenue growth over time
Prime Progression Global Commerce profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -6.85%
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*******
*******
Revenue from Operations
*******
 -10.20%
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*******
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Total Assets
*******
 6.84%
*******
*******
*******
*******
Profit or Loss
*******
 -3.70%
*******
*******
*******
*******
Net Worth
*******
 1.36%
*******
*******
*******
*******
EBITDA
*******
 -64.44%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prime Progression Global Commerce?

In 2023, Prime Progression Global Commerce had a promoter holding of 31.44% and a public holding of 68.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹110,500,000.00

Satisfied Charges

₹40,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 9.95 Cr
  • Axis Bank Limited : 1.10 Cr
Latest Charge Details
Date Lender Amount Status
12 Mar 2025 Axis Bank Limited ₹1.10 Cr Open
03 Mar 2025 State Bank Of India ₹9.95 Cr Open
25 Aug 2021 Axis Bank Limited ₹4.00 Cr Satisfied

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How Many Employees Work at Prime Progression Global Commerce?

Prime Progression Global Commerce has a workforce of 20 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Progression Global Commerce, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prime Progression Global Commerce's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Prime Progression Global Commerce
Recent Activity within the Organization
  • Director Appointment

    The activity Haridas Sajit was appointed as a Ceo was appointed as a Ceo on 31 Oct 2025 & has been associated with this company since 3 months 29 days . was completed.

  • Director Appointment

    Progress on Shilpa Gangan was appointed as a Director was appointed as a Director on 01 Oct 2025 & has been associated with this company since 4 months 29 days . was documented.

  • Annual General Meeting

    Prime Progression Global Commerce Private Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Haridas Sajit was appointed as a CEO was appointed as a CEO on 07 Jul 2025 & has been associated with this company since 7 months 23 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Prime Progression Global Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    A charge registered on 25 Aug 2021 via Charge ID 100479201 with Axis Bank Limited was fully satisfied on 19 Mar 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Prime Progression Global Commerce Private Limited?

The CIN of Prime Progression Global Commerce Private Limited is U36101KA2020PTC133397.

Where is Prime Progression Global Commerce Private Limited headquartered?

Prime Progression Global Commerce Private Limited is headquartered at 323, Amulya Mansion,8Th Main,2Nd Cross, Beml Layout, Kundalahalli Main Road, Bangalore, Karnataka, 560066.

When was Prime Progression Global Commerce Private Limited incorporated?

Prime Progression Global Commerce Private Limited was incorporated on 16 March 2020.

Who are the current directors of Prime Progression Global Commerce Private Limited?

The current directors of Prime Progression Global Commerce Private Limited are

What is the primary industry of Prime Progression Global Commerce Private Limited?

The primary industry of Prime Progression Global Commerce Private Limited is Trade.

Is Prime Progression Global Commerce Private Limited a listed company?

Prime Progression Global Commerce Private Limited is unlisted.

What is the capital structure of Prime Progression Global Commerce Private Limited?

The authorized capital of Prime Progression Global Commerce Private Limited is ₹2.50 M, and the paid-up capital is ₹2.24 M.

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