Prime Progression Trading Services Private Limited

Prime Progression Trading Services Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29299KA2005PTC036594 Incorporated 21 June 2005 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company engineering
Data last updated
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹38.55 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
GST registrations
2
None active
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Prime Progression Trading Services Private Limited

Data last updated:

Prime Progression Trading Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 21 June 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2005PTC036594. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Prime Bulkpackaging Concepts Private Limited. It is led by directors Kizhakepat Achuthan Menon (Managing Director) and Neena Menon.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.323 Amulya Mansion.8th Main 2nd Cross Beml Layout Kundalahalli Main Road, Bangalore, Karnataka, India – 560066.

As per MCA filings, the company has satisfied charges of ₹38.55 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primeprogression.in.

Company details

CIN U29299KA2005PTC036594
Registration Number 036594
Incorporation Date 21 June 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Prime Progression Trading Services Private Limited's registered office is in Bangalore, Karnataka. Its website is primeprogression.in. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.323 Amulya Mansion.8th Main 2nd Cross Beml Layout Kundalahalli Main Road, Bangalore, Karnataka, India – 560066
  • Industry
    Engineering, Engineering Components Retail & Distribution

To see the full contact details of Prime Progression Trading Services Private Limited, buy the company report.

Comprehensive company report
Prime Progression Trading Services Private Limited - one report that includes everything
  • 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
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Financials of Prime Progression Trading Services Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin
Net Profit Margin
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 Prime Progression Trading Services Private Limited, buy the company report.

Board of directors of Prime Progression Trading Services Private Limited

Prime Progression Trading Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kizhakepat Achuthan MenonManaging Director21 Jun 200521 Years 4 MonthsCurrent
Neena MenonDirector21 Jun 200521 Years 4 MonthsCurrent

Peer comparison

Prime Progression Trading Services Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tech for Tomorrow Private Limited₹1.14 Lakh (FY 2025)-99.0%Delhi, India
Lakshmi Capital Limited₹1.11 Lakh (FY 2025)201.0%New Delhi, Delhi, India
VNM Tools Private Limited₹1.08 Lakh (FY 2025)12.0%Mumbai, Maharashtra, India
Mahalaxmi Bearing (India) Private Limited₹1.07 Lakh (FY 2018)-98.0%Delhi, India
Gee Seramac Private Limited₹1.03 Lakh (FY 2025)-12.0%New Delhi, Delhi, India
Aps Sales & Services Private Limited₹98,480 (FY 2024)-88.0%Nagpur, Maharashtra, India
Kaustubh Impex Private Limited₹94,000 (FY 2023)Delhi, India
Mahogany Logistics Services Private Limited₹93,000 (FY 2025)-74.0%Madurai, Tamil Nadu, India
Indoor Homes (India) Private Limited₹92,600 (FY 2024)9068.0%Jodhpur, Rajasthan, India
Sachin Impex Private Limited₹92,468 (FY 2017)-95.0%New Delhi, Delhi, India

To see the full peer comparison of Prime Progression Trading Services Private Limited, buy the company report.

Auditor

Prime Progression Trading Services Private Limited is audited by R V K S AND ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R V K S AND ASSOCIATESFY 2021008572S

Shareholding

The shareholding of Prime Progression Trading Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prime Progression Trading Services Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹38.55 Cr
Breakdown by lending institutions
Canara Bank₹19.79 Cr
Axis Bank Limited₹18.76 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Oct 201310454507Axis Bank Limited₹18.76 CrSatisfied
16 Sep 201110308835Canara Bank₹19.79 CrSatisfied

To see the full charge records of Prime Progression Trading Services Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prime Progression Trading Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Prime Progression Trading Services 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

To see the full GST registrations and return filing status of Prime Progression Trading Services Private Limited, buy the company report.

Recent activity

Prime Progression Trading Services Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Kizhakepat Achuthan Menon was appointed as Managing Director on 21 Jun 2005.

AGM
Prime Progression Trading Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prime Progression Trading Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 07 Oct 2013 via Charge ID 10454507 with Axis Bank Limited was fully satisfied on 05 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,876.00 Lakh with Charge ID 10454507 was registered on 07 Oct 2013.
Charges
A charge registered on 16 Sep 2011 via Charge ID 10308835 with Canara Bank was fully satisfied on 30 Sep 2013.
Charges
A charge with Canara Bank of Rs. 1,978.86 Lakh registered on 16 Sep 2011 with Charge ID 10308835 was modified on 24 Dec 2012.
Charges
A charge with Canara Bank amounted to Rs. 1,978.86 Lakh with Charge ID 10308835 was registered on 16 Sep 2011.
Appointed
Kizhakepat Achuthan Menon was appointed as Managing Director.
Appointed
Neena Menon was appointed as Director.
Incorporation
21 Jun 2005
Prime Progression Trading Services Private Limited was registered on 21 Jun 2005 with Roc Bangalore & aged 21 years 4 months as per MCA records.

Frequently asked questions

Prime Progression Trading Services is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 21 June 2005 (21+ years old) and is registered under CIN U29299KA2005PTC036594.

Prime Progression Trading Services has 2 current directors:

The latest financial statements of Prime Progression Trading Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Prime Progression Trading Services has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Prime Progression Trading Services is U29299KA2005PTC036594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prime Progression Trading Services was incorporated on 21 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Prime Progression Trading Services by revenue are Tech for Tomorrow Private Limited, Lakshmi Capital Limited, VNM Tools Private Limited, Mahalaxmi Bearing (India) Private Limited, Gee Seramac Private Limited and 5 more, all in the Engineering industry (Components Retail and Distribution).

Kizhakepat Achuthan Menon was appointed as Managing Director on 21 Jun 2005. Neena Menon was appointed as Director on 21 Jun 2005.

Prime Progression Trading Services can be reached through the website primeprogression.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Prime Progression Trading Services is at No.323 Amulya Mansion.8th Main 2nd Cross Beml Layout Kundalahalli Main Road, Bangalore, Karnataka, India – 560066.

Prime Progression Trading Services operates in the engineering industry, in the engineering components retail and distribution segment.