Progressive Alcobev Distributors Private Limited Company Logo

Progressive Alcobev Distributors Private Limited - Company Profile

It is a food and beverages private limited company based in Navi Mumbai, Maharashtra, India, established in 2011.

2011 | Navi Mumbai, Maharashtra, India | Active
Last Updated:

About Progressive Alcobev Distributors Private Limited

Progressive Alcobev Distributors Private Limited, a active private limited company, was established on 24 February 2011 in Navi Mumbai, Maharashtra, India. Engaging in food & beverage retail & distribution within the trade sector, it holds CIN: U74120MH2011PTC214013. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.16 Cr.

It upholds a compliant status. Employing 15 professional, Its leadership includes Tushant Udhavdas Karira (Additional Director), Vinay Sunder Karira (Additional Director), Monish Sunder Karira (Additional Director). Past directors included Pravin Kothandaraman Ilango, Kothandaraman Ilango, Rajeev Samant. It holds ₹23.47 Cr open charges and ₹26.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No.101, Plot No. 4A & 4B Sec-26, Progressive Viva, Vashi, Navi Mumbai, Maharashtra, 400705.

Company Details

  • CIN/LLPIN

    U74120MH2011PTC214013

  • Registration Number

    214013

  • Incorporation Date

    24 February 2011

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.16 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.47 Cr
  • Satisfied Charges ₹ 26.00 Cr
  • Revenue Growth 23.91%
  • Profit Growth 216.45%
  • Ebitda 98.96%
  • Net Worth 1.47%
  • Total Assets 17.19%
Company report

Progressive Alcobev Distributors Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Progressive Alcobev Distributors Private 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 Progressive Alcobev Distributors Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Tushant Udhavdas KariraAdditional Director10 Jan 2022Current
Vinay Sunder KariraAdditional Director04 Feb 2022Current
Monish Sunder KariraAdditional Director04 Feb 2022Current
Rohit Udhavdas KariraAdditional Director10 Jan 2022Current
Rakshit Rakesh AroraDirector25 Oct 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director04 Mar 2022Past
Pramod AbcsddDirector09 Jan 2015Past
Pramod AbcsddDirector22 Nov 2018Past
Pramod AbcsddNominee Director01 Jun 2021Past
Pramod AbcsddAdditional Director09 Jan 2015Past
Pramod AbcsddNominee Director01 Jun 2021Past

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Financial Performance of Progressive Alcobev Distributors.

Progressive Alcobev Distributors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.91% increase. The company also saw a substantial improvement in profitability, with a 216.45% increase in profit. The company's net worth moved up by a moderate rise of 1.47%.

Progressive Alcobev Distributors revenue growth over time
Progressive Alcobev Distributors profit and loss trends over time
  • 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
23.91%
Revenue from Operations
24.08%
Total Assets
17.19%
Profit or Loss
216.45%
Net Worth
1.47%
EBITDA
98.96%

What is the Ownership and Shareholding Structure of Progressive Alcobev Distributors?

In 2023, Progressive Alcobev Distributors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹234,740,000.00

Satisfied Charges

₹260,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 23.47 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2022Others₹2.49 CrOpen
28 May 2022Others₹2.49 CrOpen
08 May 2019Others₹18.50 CrOpen
24 Mar 2023Others₹5.50 CrSatisfied
26 Feb 2015Aditya Birla Finance Limited₹4.00 CrSatisfied

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How Many Employees Work at Progressive Alcobev Distributors?

Progressive Alcobev Distributors has a workforce of 15 employees as of Apr 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Progressive Alcobev Distributors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Alcobev Distributors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Progressive Alcobev Distributors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Progressive Alcobev Distributors

Recent Activity within the Organization

  • Director Appointment

    Progress on Rakshit Rakesh Arora was appointed as a Director was appointed as a Director on 25 Oct 2025 & has been associated with this company since 1 month 21 days . was documented.

  • Charges

    A charge with Others of Rs. 18.50 Cr registered on 08 May 2019 with Charge ID 100264666 was modified on 18 Feb 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 24 Mar 2023 via Charge ID 100703656 with Others was fully satisfied on 20 Dec 2024. was completed.

  • Annual General Meeting

    Progress on Progressive Alcobev Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Progressive Alcobev Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100703656 was registered on 24 Mar 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Progressive Alcobev Distributors Private Limited?

    The CIN of Progressive Alcobev Distributors Private Limited is U74120MH2011PTC214013.

  • Where is Progressive Alcobev Distributors Private Limited headquartered?

    Progressive Alcobev Distributors Private Limited is headquartered at Flat No.101, Plot No. 4A & 4B Sec-26, Progressive Viva, Vashi, Navi Mumbai, Maharashtra, 400705.

  • When was Progressive Alcobev Distributors Private Limited incorporated?

    Progressive Alcobev Distributors Private Limited was incorporated on 24 February 2011.

  • Who are the current directors of Progressive Alcobev Distributors Private Limited?

    The current directors of Progressive Alcobev Distributors Private Limited are

  • What is the primary industry of Progressive Alcobev Distributors Private Limited?

    The primary industry of Progressive Alcobev Distributors Private Limited is Trade.

  • Is Progressive Alcobev Distributors Private Limited a listed company?

    Progressive Alcobev Distributors Private Limited is unlisted.

  • What is the capital structure of Progressive Alcobev Distributors Private Limited?

    The authorized capital of Progressive Alcobev Distributors Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.16 Cr.

  • What is the compliance status of Progressive Alcobev Distributors Private Limited?

    The compliance status of Progressive Alcobev Distributors Private Limited is Compliant.

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