About Progetto India Projects Private Limited
Data last updated:
Progetto India Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 22 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2010PTC211211. Its GSTIN is 27AADCN4907D1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Neelima Architects & Projects Private Limited. It is led by directors Tabish Ahmed and Rajesh Shriharsh Salunkhe.
Its last annual general meeting (AGM) was held on 09 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.19 Lakh (net margin 2.5%) and EBITDA of ₹30.92 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 16% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 23 cases involving the company, including 4 filed by the company and 19 filed against it; 8 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 progettoindia.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No. 11 Ground Floor Dilkap Center, Off Andheri Kurla Road Sakinaka Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryInfrastructure and Utilities, 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 Progetto India Projects Private Limited
The main business activity of Progetto India Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Progetto India Projects Private Limited FY 2023 filings available
Progetto India Projects Private Limited reported revenue of ₹9.33 Cr (up 286% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Progetto India Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 286% growth in the latest year. EBITDA rose 266% 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 Progetto India Projects Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹30.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.19 Lakh | •••• | •••• | •••• | •••• |
| 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 Progetto India Projects Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Progetto India Projects 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.
Board of Directors of Progetto India Projects Private Limited
Progetto India Projects has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shriharsh Salunkhe | Additional Director | 23 Mar 2020 | 6 Years 6 Months | Current |
| Tabish Ahmed | Director | 22 Dec 2010 | 15 Years 9 Months | Current |
Peer Comparison of Progetto India Projects Private Limited
Progetto India Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RNM Infra Private Limited | ₹9.36 Cr (FY 2019) | •••• | •••• | -49.0% | •••• | Hooghly, West Bengal, India |
| Saravana Infrastructure Development India Private Limited | ₹9.36 Cr (FY 2023) | •••• | •••• | 138.0% | •••• | Chennai, Tamil Nadu, India |
| United Construction Systems Private Limited | ₹9.36 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| A P Properties Private Limited | ₹9.35 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Nirman Engicons Private Limited | ₹9.34 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Begusarai, Bihar, India |
| Progetto India Projects Private Limited this company | ₹9.33 Cr (FY 2023) | •••• | •••• | 286.0% | •••• | Mumbai, Maharashtra, India |
| Nakron Infra Private Limited | ₹9.33 Cr (FY 2024) | •••• | •••• | 182.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Radhe Krishna Contractors Private Limited | ₹9.32 Cr (FY 2024) | •••• | •••• | 1037.0% | •••• | Birpur, Bihar, India |
| Pentagon Projects Private Limited | ₹9.31 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Delhi, India |
| R D Mercantiles Private Limited | ₹9.31 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Guwahati, Assam, India |
| Lolab Valley Constructions Private Limited | ₹9.3 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kupwara, Jammu and Kashmir, India |
Peers are the five companies nearest above and the five nearest below Progetto India Projects by revenue in the Infrastructure industry (Construction Services), 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 Progetto India Projects Private Limited
Progetto India Projects Private Limited is audited by SANTOSH S KADAM & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANTOSH S KADAM & ASSOCIATES | 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.
Ownership and Shareholding of Progetto India Projects 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 Progetto India Projects Private Limited
Progetto India Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Progetto India Projects Private Limited
Progetto India Projects Private Limited has 23 court cases on record: 4 filed by Progetto India Projects, 19 filed against it. 8 cases are pending and 15 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 19 | 8 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Iifl Finance Limited | Pending |
| District court, South, Delhi | Revision petition | Filed against the company by Square Yards Consulting Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Aditya Birla Finance Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Private Limited | Disposed |
Full case history
All 23 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.
Employees and EPFO Compliance at Progetto India Projects Private Limited
Progetto India Projects Private Limited has a workforce of 10 employees as of Apr 07, 2024.
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.
Recent Activity on Progetto India Projects Private Limited
Progetto India Projects Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Imran Shaikh ceased to be Additional Director on 31 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Progetto India Projects 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 Progetto India Projects 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 Progetto India Projects 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 Progetto India Projects Private Limited
Progetto India Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN4907D1ZO | Maharashtra | Active | 01 Jul 2017 |
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 Progetto India Projects 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 Progetto India Projects Private Limited
Progetto India Projects is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 22 December 2010 (16+ years old) and is registered under CIN U45202MH2010PTC211211.
Progetto India Projects reported revenue of ₹9.33 Cr for FY 2023 (up 286% YoY).
Progetto India Projects has 2 current directors:
- Rajesh Shriharsh Salunkhe - Additional Director
- Tabish Ahmed - Director
Progetto India Projects reported a net profit of ₹23.19 Lakh (net margin 2.5%) and EBITDA of ₹30.92 Lakh (EBITDA margin 3.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progetto India Projects is 5% over three years and 16% over five years. In the latest year (FY 2023) revenue rose 286%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progetto India Projects is 27AADCN4907D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progetto India Projects is U45202MH2010PTC211211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progetto India Projects has 23 court cases on record: 4 filed by the company and 19 filed against it. 8 are pending.
Progetto India Projects was incorporated on 22 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progetto India Projects by revenue are RNM Infra Private Limited, Saravana Infrastructure Development India Private Limited, United Construction Systems Private Limited, A P Properties Private Limited, Nirman Engicons Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Imran Shaikh ceased to be Additional Director on 31 Mar 2020. Rukhsana Bano ceased to be Additional Director on 31 Mar 2020. Noor Mohammed Shaukat Ali Shaikh ceased to be Director on 23 Mar 2020. Progetto India Projects has 6 board changes on record in total.