Progress Micro Credit Limited.
About Progress Micro Credit Limited.
Data last updated: 07 March 2026
Progress Micro Credit Limited. is a public not for profit company based in Madhubani, Bihar, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 31 July 2013, the company has been in operation for over 13 years.
Registered with ROC Patna under CIN U65992BR2013NPL020852.
Capital: a paid-up capital of ₹1 Lakh. Formerly known as Tory Micro Credit Limited and Villagesewa Micro Credit Limited. It is led by directors including Ajoy Das and Bikash Howlader.
Last AGM: 30 September 2016. Financial statements filed for year ended 31 March 2016. Office: Sadullahapur Town /Vill – Sadullahapur Anchal – Bisfi Distt: – Madhubani, Bihar, India – 847122.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered AddressSadullahapur Town /Vill – Sadullahapur Anchal – Bisfi Distt: – Madhubani, Bihar, India – 847122
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Progress Micro Credit Limited.
Progress Micro Credit Limited. has undergone 6 name changes throughout its history. The current legal name is Progress Micro Credit Limited., reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Progress Micro Credit Limited. | Current |
| Tory Micro Credit Limited | Previous |
| Villagesewa Micro Credit Limited | Previous |
| Bandhab Micro Credit Limited | Previous |
| Samadhan Micro Credit Limited | Previous |
| Samriddha Micro Credit Limited | Previous |
| Sanmeloni Micro Credit Limited | Previous |
Auditor Details of Progress Micro Credit Limited.
Progress Micro Credit Limited. is audited by SHIV GOPAL GUPTA & ASSOCIATES for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIV GOPAL GUPTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Progress Micro Credit Limited.
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Progress Micro Credit Limited.
Progress Micro Credit Limited. is currently managed by 6 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajoy Das | Director | 31 Jul 2013 | 12 Years 11 Months | Current |
|
Bikash Howlader
Also directs:
Progress Vintrade Private Limited
|
Director | 31 Jul 2013 | 12 Years 11 Months | Current |
|
Souvik Mistry
Also directs:
Progress Vintrade Private Limited
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Director | 31 Jul 2013 | 12 Years 11 Months | Current |
| Suresh Kumar | Director | 20 Nov 2016 | 9 Years 8 Months | Current |
| Sanjay Kumar Srivastava | Director | 20 Nov 2016 | 9 Years 8 Months | Current |
|
Murari Kumar Srivastava
Also directs:
Progress Producer Company Limited
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Director | 20 Nov 2016 | 9 Years 8 Months | Current |
Financials of Progress Micro Credit Limited. FY 2016 filings available
Ten-year financial statements for Progress Micro Credit Limited.
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Progress Micro Credit Limited.
Shareholding and ownership data for Progress Micro Credit Limited.
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Progress Micro Credit Limited.
Progress Micro Credit Limited. does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progress Micro Credit Limited.
View historical data on people associated with Progress Micro Credit Limited., including employment history and EPFO contributions.
Employee and EPFO history for Progress Micro Credit Limited.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Progress Micro Credit Limited.
GST registrations and filing compliance for Progress Micro Credit Limited.
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Progress Micro Credit Limited.
Credit ratings, litigation, and regulatory alerts for Progress Micro Credit Limited.
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Progress Micro Credit Limited.
MSME payment history for Progress Micro Credit Limited.
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Progress Micro Credit Limited.
Corporate group structure for Progress Micro Credit Limited.
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progress Micro Credit Limited.
MCA filings and documents for Progress Micro Credit Limited.
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Progress Micro Credit Limited.
Frequently Asked Questions about Progress Micro Credit Limited.
Progress Micro Credit Limited. is an active public not for profit company in the financial services sector based in Madhubani, Bihar, India. It was incorporated on 31 July 2013 (13+ years old) and is registered under CIN U65992BR2013NPL020852.
The current directors of Progress Micro Credit Limited. are:
- Ajoy Das - Director
- Bikash Howlader - Director
- Souvik Mistry - Director
- Suresh Kumar - Director
- Sanjay Kumar Srivastava - Director
- Murari Kumar Srivastava - Director
The primary industry of Progress Micro Credit Limited. is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Progress Micro Credit Limited. can be reached at the registered office: Sadullahapur Town Vill – Sadullahapur Anchal – Bisfi Distt: – Madhubani, Bihar, India – 847122.
The paid-up capital is ₹1 Lakh.
The company has its registered office at Sadullahapur Town Vill – Sadullahapur Anchal – Bisfi Distt: – Madhubani, Bihar, India – 847122.