Progress Micro Credit Limited. - Company Profile

It is a financial services public not for profit company based in Madhubani, Bihar, India, established in 2013.
2013 Madhubani, Bihar, India Active
Last Updated:
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About Progress Micro Credit Limited.

Progress Micro Credit Limited., a active public not for profit company, was established on 31 July 2013 in Madhubani, Bihar, India. Engaging in microfinance institutions within the financial services sector, it holds CIN: U65992BR2013NPL020852. Registered under ROC Roc Patna. it is unlisted.

Formerly known as Tory Micro Credit Limited, Villagesewa Micro Credit Limited. It upholds a active non-compliant status. Its leadership includes Ajoy Das (Director), Bikash Howlader (Director), Souvik Mistry (Director). Past directors included Murari Kumar Srivastava. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at Sadullahapur,Town /Vill-Sadullahapur Anchal-Bisfi,Distt:-Madhubani, Madhubani, Bihar, 847122.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992BR2013NPL020852

  • Registration Number

    020852

  • Incorporation Date

    31 July 2013

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Patna

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2016
  • Revenue Growth **** %
  • Profit Growth **** -918.40%
  • Ebitda **** -918.40%
  • Net Worth 3.47%
  • Total Assets **** 3.47%
Company report

Progress Micro Credit Limited.

Company Report FY 2025-2026

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Explore comprehensive insights into Progress Micro Credit 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 Progress Micro Credit Limited.?
Current Directors
Name Designation Appointment Date Status
Ajoy Das Director 31 Jul 2013 Current
Bikash Howlader Director 31 Jul 2013 Current
Souvik Mistry Director 31 Jul 2013 Current
Suresh Kumar Director 20 Nov 2016 Current
Sanjay Kumar Srivastava Director 20 Nov 2016 Current
Murari Kumar Srivastava Director 20 Nov 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Mar 2018 Past

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Financial Performance of Progress Micro Credit.

Progress Micro Credit Limited., for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 918.4% decrease in profit. The company's net worth moved up by a moderate rise of 3.47%.

Progress Micro Credit revenue growth over time
Progress Micro Credit 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
********
*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 3.47%
*******
*******
*******
*******
Profit or Loss
*******
 -918.40%
*******
*******
*******
*******
Net Worth
*******
 3.47%
*******
*******
*******
*******
EBITDA
*******
 -918.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progress Micro Credit?

Unlock access to Progress Micro Credit's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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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How Many Employees Work at Progress Micro Credit?

Unlock and access historical data on people associated with Progress Micro Credit, 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

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Progress Micro Credit
Recent Activity within the Organization
  • Director Appointment

    Progress on Suresh Kumar was appointed as a Director was appointed as a Director on 20 Nov 2016 & has been associated with this company since 9 years 3 months . was documented.

  • Director Appointment

    Sanjay Kumar Srivastava was appointed as a Director was appointed as a Director on 20 Nov 2016 & has been associated with this company since 9 years 3 months . was recorded as a recent event.

  • Director Appointment

    Murari Kumar Srivastava was appointed as a Director was appointed as a Director on 20 Nov 2016 & has been associated with this company since 9 years 3 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Progress Micro Credit Limited. last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Progress Micro Credit Limited. has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Patna. was documented.

  • Director Appointment

    The activity Ajoy Das was appointed as a Director was appointed as a Director on 31 Jul 2013 & has been associated with this company since 12 years 6 months . was completed.

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Frequently Asked Questions
What is the CIN of Progress Micro Credit Limited.?

The CIN of Progress Micro Credit Limited. is U65992BR2013NPL020852.

Where is Progress Micro Credit Limited. headquartered?

Progress Micro Credit Limited. is headquartered at Sadullahapur,Town /Vill-Sadullahapur Anchal-Bisfi,Distt:-Madhubani, Madhubani, Bihar, 847122.

When was Progress Micro Credit Limited. incorporated?

Progress Micro Credit Limited. was incorporated on 31 July 2013.

Who are the current directors of Progress Micro Credit Limited.?

The current directors of Progress Micro Credit Limited. are

What is the primary industry of Progress Micro Credit Limited.?

The primary industry of Progress Micro Credit Limited. is Financial Services.

Is Progress Micro Credit Limited. a listed company?

Progress Micro Credit Limited. is unlisted.

What is the compliance status of Progress Micro Credit Limited.?

The compliance status of Progress Micro Credit Limited. is Active Non-Compliant.

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