
Progressive Buildestate Private Limited
About Progressive Buildestate Private Limited
Data last updated:
Progressive Buildestate Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the building construction segment of the construction sector. It was incorporated on 12 March 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2008PTC175239.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Vivek Khushalani and Raksha Khushalani.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mohta Building 4th Floor 4 Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
Company details
Contact details
Progressive Buildestate Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMohta Building 4th Floor 4 Bhikaji Cama Place, New Delhi, Delhi, India – 110066
- IndustryConstruction, Building Construction
To see the full contact details of Progressive Buildestate Private Limited, buy the company report.
- 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 Progressive Buildestate Private Limited
FY 2017 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Progressive Buildestate Private Limited, buy the company report.
Board of directors of Progressive Buildestate Private Limited
Progressive Buildestate has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Khushalani Also directs: K Family LLP, Kranti Metering Innovations Private Limited, Vivkrish Infra Private Limited and 5 more | Director | 14 Mar 2008 | 18 Years 7 Months | As last reported |
| Raksha Khushalani | Director | 21 Sep 2016 | 10 Years 1 Months | As last reported |
| Hiroo Lilaram Khushalani | Director | 14 Mar 2008 | 18 Years 7 Months | As last reported |
Auditor
Progressive Buildestate Private Limited is audited by AIYAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AIYAR & CO | FY 2017 | 001174N |
Shareholding
The shareholding of Progressive Buildestate Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Buildestate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Buildestate Private Limited 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 Progressive Buildestate Private Limited; 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 Progressive Buildestate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Buildestate Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Raksha Khushalani ceased to be Additional Director on 30 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Progressive Buildestate has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Progressive Buildestate was a private limited company based in New Delhi, Delhi, India. The company worked in building construction, within the construction industry. It was incorporated on 12 March 2008 and is registered under CIN U45400DL2008PTC175239. The company has been struck off by the Registrar of Companies and is no longer operational.
Progressive Buildestate had 3 directors:
- Vivek Khushalani - Director
- Raksha Khushalani - Director
- Hiroo Lilaram Khushalani - Director
The CIN (Corporate Identification Number) of Progressive Buildestate is U45400DL2008PTC175239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Progressive Buildestate is at Mohta Building 4th Floor 4 Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
Progressive Buildestate was incorporated on 12 March 2008. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Progressive Buildestate on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Progressive Buildestate operated in the construction industry, in the building construction segment. It worked in this industry before it was struck off.
Raksha Khushalani ceased to be Additional Director on 30 Sep 2016. Raksha Khushalani was appointed as Director on 21 Sep 2016. Bushan Kumar Uppal ceased to be Director on 18 Sep 2016. Progressive Buildestate has 10 board changes on record in total.
Progressive Buildestate can be reached at its registered office: Mohta Building 4th Floor 4 Bhikaji Cama Place, New Delhi, Delhi, India – 110066.

