Progress Re LLP
About Progress Re LLP
Data last updated:
Progress Re LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the real estate advisory and brokerage segment of the real estate and construction sector. It was incorporated on 04 December 2023.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN ACE-2498.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Bhavin Rajesh Wadhwa and Anna Lungany.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per MCA filings, the LLP has open charges of ₹5.75 Cr on record.
Company details
Contact details
Progress Re LLP's registered office is in Pune, Maharashtra.
- Registered AddressFl No 13 Siddarth Hsg Soc, Pl No 196 Sangamwadi Rd, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate 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
Financials of Progress Re LLP
FY 2024 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2023-24 |
|---|---|
| Income and Expenditure | |
| Turnover | |
| Other Income | |
| Total Income | |
| Purchases and Direct Costs | |
| Personnel Expenses | |
| Administrative Expenses | |
| Interest | |
| Depreciation | |
| Total Expenses | |
| Profit Before Tax | |
| Tax | |
| Profit After Tax | |
| Profit Transferred to Partners | |
| Assets and Liabilities | |
| Partners' Contribution | |
| Reserves and Surplus | |
| Secured Loans | |
| Unsecured Loans | |
| Trade Payables | |
| Other Liabilities and Provisions | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Loans and Advances | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 |
|---|---|
| Profitability | |
| Net Profit Margin | |
| Return on Partners' Funds | |
| Return on Assets | |
| Liquidity and Debt | |
| Current Ratio | |
| Debt to Partners' Funds | |
| Interest Coverage | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Turnover Growth | |
| Profit Growth | |
To see the full financial statements and ratios of Progress Re LLP, buy the company report.
Designated partners of Progress Re LLP
Progress Re has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavin Rajesh Wadhwa | Designated Partner | 04 Dec 2023 | 2 Years 10 Months | Current |
| Anna Lungany | Designated Partner | 04 Dec 2023 | 2 Years 10 Months | Current |
| Rajesh Surendra Wadhwa | Designated Partner | 04 Dec 2023 | 2 Years 10 Months | Current |
| Nikhil Rajesh Wadhwa | Designated Partner | 04 Dec 2023 | 2 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2024 | 100863610 | Axis Bank Limited | ₹5.75 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Progress Re LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progress Re LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progress Re LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progress Re LLP has 4 designated partner changes on record since 2023: 4 appointments. The latest: Anna Lungany was appointed as Designated Partner on 04 Dec 2023.
Frequently asked questions
Progress Re is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in real estate services, within the real estate and construction industry. It was incorporated on 04 December 2023 (3+ years old) and is registered under LLPIN ACE-2498.
Progress Re has 4 current designated partners:
- Bhavin Rajesh Wadhwa - Designated Partner
- Anna Lungany - Designated Partner
- Rajesh Surendra Wadhwa - Designated Partner
- Nikhil Rajesh Wadhwa - Designated Partner
The latest financial statements of Progress Re on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2024 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Progress Re is ACE-2498. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Progress Re was incorporated on 04 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Pune.
Anna Lungany was appointed as Designated Partner on 04 Dec 2023. Bhavin Rajesh Wadhwa was appointed as Designated Partner on 04 Dec 2023. Nikhil Rajesh Wadhwa was appointed as Designated Partner on 04 Dec 2023. Progress Re has 4 designated partner changes on record in total.
The registered office of Progress Re is at Fl No 13 Siddarth Hsg Soc, Pl No 196 Sangamwadi Rd, Pune, Maharashtra, India – 411001.
Progress Re operates in the real estate and construction industry, in the real estate services segment.
Progress Re has open charges of ₹5.75 Cr and no satisfied charges on record as per latest MCA filings.
Progress Re can be reached at its registered office: Fl No 13 Siddarth Hsg Soc, Pl No 196 Sangamwadi Rd, Pune, Maharashtra, India – 411001.