Progressive Automobiles Private Limited Company Logo

Progressive Automobiles Private Limited - Company Profile

It is a automotive private limited company based in Agartala, Tripura, India, established in 2015.

2015 | Agartala, Tripura, India | Active
Last Updated:

About Progressive Automobiles Private Limited

Progressive Automobiles Private Limited, a active private limited company, was established on 03 August 2015 in Agartala, Tripura, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U66000TR2015PTC008449. Registered under ROC Roc Guwahati. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.40 Cr.

It upholds a compliant status. Employing 219 professional, Its leadership includes Biplab Kumar Saha (Managing Director), Dilip Kumar Saha (Director), Suparna Saha (Director). Past directors included Biplab Kumar Saha. It holds ₹46.29 Cr open charges and ₹43.04 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Nagichara, By Pass Road Nh-44,, Agartala, Tripura, 799004.

Company Details

  • CIN/LLPIN

    U66000TR2015PTC008449

  • Registration Number

    008449

  • Incorporation Date

    03 August 2015

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.40 Cr

  • ROC Code

    Roc Guwahati

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.29 Cr
  • Satisfied Charges ₹ 43.04 Cr
  • Revenue Growth 17.04%
  • Profit Growth 6.92%
  • Ebitda 43.47%
  • Net Worth 13.57%
  • Total Assets 38.79%
Company report

Progressive Automobiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Progressive Automobiles 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 Automobiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Biplab Kumar SahaManaging Director03 Aug 2015Current
Dilip Kumar SahaDirector03 Aug 2015Current
Suparna SahaDirector03 Aug 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector09 Dec 2015Past

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Financial Performance of Progressive Automobiles.

Progressive Automobiles Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.04% increase. The company also saw a slight improvement in profitability, with a 6.92% increase in profit. The company's net worth Soared by an impressive increase of 13.57%.

Progressive Automobiles revenue growth over time
Progressive Automobiles 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
17.04%
Revenue from Operations
17.72%
Total Assets
38.79%
Profit or Loss
6.92%
Net Worth
13.57%
EBITDA
43.47%

What is the Ownership and Shareholding Structure of Progressive Automobiles?

In 2024, Progressive Automobiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹462,900,000.00

Satisfied Charges

₹430,400,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 32.50 Cr
  • Others : 13.79 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jul 2024Others₹5.09 CrOpen
16 Jun 2024Others₹2.70 CrOpen
25 Sep 2020State Bank Of India₹32.50 CrOpen
10 Jan 2020Others₹6.00 CrOpen
01 Jun 2020State Bank Of India₹11.64 CrSatisfied

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How Many Employees Work at Progressive Automobiles?

Progressive Automobiles has a workforce of 219 employees as of Mar 22, 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 Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Automobiles, 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 Automobiles'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 Automobiles

Recent Activity within the Organization

  • Charges

    Progress on A charge with State Bank Of India of Rs. 32.50 Cr registered on 25 Sep 2020 with Charge ID 100379975 was modified on 30 Nov 2024. was documented.

  • Annual General Meeting

    The activity Progressive Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Others amounted to Rs. 5.09 Cr with Charge ID 100948778 was registered on 08 Jul 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100939276 was registered on 16 Jun 2024. was recorded as a recent event.

  • Balance Sheet

    Progressive Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Guwahati. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 27 Dec 2017 via Charge ID 100150393 with Tata Capital Financial Services Limited was fully satisfied on 12 Sep 2022. was documented.

Frequently Asked Questions

  • What is the CIN of Progressive Automobiles Private Limited?

    The CIN of Progressive Automobiles Private Limited is U66000TR2015PTC008449.

  • Where is Progressive Automobiles Private Limited headquartered?

    Progressive Automobiles Private Limited is headquartered at Nagichara, By Pass Road Nh-44,, Agartala, Tripura, 799004.

  • When was Progressive Automobiles Private Limited incorporated?

    Progressive Automobiles Private Limited was incorporated on 03 August 2015.

  • Who are the current directors of Progressive Automobiles Private Limited?

    The current directors of Progressive Automobiles Private Limited are

  • What is the primary industry of Progressive Automobiles Private Limited?

    The primary industry of Progressive Automobiles Private Limited is Trade.

  • Is Progressive Automobiles Private Limited a listed company?

    Progressive Automobiles Private Limited is unlisted.

  • What is the capital structure of Progressive Automobiles Private Limited?

    The authorized capital of Progressive Automobiles Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.40 Cr.

  • What is the compliance status of Progressive Automobiles Private Limited?

    The compliance status of Progressive Automobiles Private Limited is Compliant.

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