Prime Progression Trading Services Private Limited - Company Profile

It is a engineering private limited company based in Bangalore, Karnataka, India, established in 2005.
2005 Bangalore, Karnataka, India Active
Last Updated:
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About Prime Progression Trading Services Private Limited

Prime Progression Trading Services Private Limited, a active private limited company, was established on 21 June 2005 in Bangalore, Karnataka, India. Engaging in engineering components retail & distribution within the engineering sector, it holds CIN: U29299KA2005PTC036594. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

Formerly known as Prime Bulkpackaging Concepts Private Limited. It upholds a compliant status. Its leadership includes Kizhakepat Achuthan Menon (Managing Director), Neena Menon (Director). It holds no open charges and ₹38.55 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.323,Amulya Mansion.8Th Main,2Nd Cross, Beml Layout,Kundalahalli Main Road,, Bangalore, Karnataka, 560066.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U29299KA2005PTC036594

  • Registration Number

    036594

  • Incorporation Date

    21 June 2005

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 38.55 Cr
  • Revenue Growth **** %
  • Ebitda ****
  • Net Worth -1.60%
  • Total Assets -15.13%
Company report

Prime Progression Trading Services Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Prime Progression Trading Services 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 Trading Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Kizhakepat Achuthan Menon Managing Director 21 Jun 2005 Current
Neena Menon Director 21 Jun 2005 Current

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Financial Performance of Prime Progression Trading Services.

Prime Progression Trading Services Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 1.6%.

Prime Progression Trading Services revenue growth over time
Prime Progression Trading Services 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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Revenue from Operations
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*******
*******
*******
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*******
Total Assets
*******
 -15.13%
*******
*******
*******
*******
Profit or Loss
*******
*******
*******
*******
*******
*******
Net Worth
*******
 -1.60%
*******
*******
*******
*******
EBITDA
*******
*******
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prime Progression Trading Services?

In 2021, Prime Progression Trading Services had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹385,486,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 19.79 Cr
  • Axis Bank Limited : 18.76 Cr
Latest Charge Details
Date Lender Amount Status
07 Oct 2013 Axis Bank Limited ₹18.76 Cr Satisfied
16 Sep 2011 Canara Bank ₹19.79 Cr Satisfied

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How Many Employees Work at Prime Progression Trading Services?

Unlock and access historical data on people associated with Prime Progression Trading Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Trading Services, 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 Trading Services'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 Trading Services
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Prime Progression Trading Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Prime Progression Trading Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 07 Oct 2013 via Charge ID 10454507 with Axis Bank Limited was fully satisfied on 05 Nov 2024. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 187.60 M with Charge ID 10454507 was registered on 07 Oct 2013. was documented.

  • Charges

    Progress on A charge registered on 16 Sep 2011 via Charge ID 10308835 with Canara Bank was fully satisfied on 30 Sep 2013. was documented.

  • Charges

    Progress on A charge with Canara Bank of Rs. 197.89 M registered on 16 Sep 2011 with Charge ID 10308835 was modified on 24 Dec 2012. was documented.

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Frequently Asked Questions
What is the CIN of Prime Progression Trading Services Private Limited?

The CIN of Prime Progression Trading Services Private Limited is U29299KA2005PTC036594.

Where is Prime Progression Trading Services Private Limited headquartered?

Prime Progression Trading Services Private Limited is headquartered at No.323,Amulya Mansion.8Th Main,2Nd Cross, Beml Layout,Kundalahalli Main Road,, Bangalore, Karnataka, 560066.

When was Prime Progression Trading Services Private Limited incorporated?

Prime Progression Trading Services Private Limited was incorporated on 21 June 2005.

Who are the current directors of Prime Progression Trading Services Private Limited?

The current directors of Prime Progression Trading Services Private Limited are

What is the primary industry of Prime Progression Trading Services Private Limited?

The primary industry of Prime Progression Trading Services Private Limited is Engineering.

Is Prime Progression Trading Services Private Limited a listed company?

Prime Progression Trading Services Private Limited is unlisted.

What is the capital structure of Prime Progression Trading Services Private Limited?

The authorized capital of Prime Progression Trading Services Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Prime Progression Trading Services Private Limited?

The compliance status of Prime Progression Trading Services Private Limited is Compliant.

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