Progressive Buildtech Private Limited
About Progressive Buildtech Private Limited
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Progressive Buildtech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2004PTC130321.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Nagar and Sunil Sardana.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Rectangle – 1 D – 4 Saket District Centre Saket, New Delhi, Delhi, India – 110017.
As per MCA filings, the company has open charges of ₹133.5 Cr and satisfied charges of ₹85.15 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Progressive Buildtech Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressRectangle – 1 D – 4 Saket District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Progressive Buildtech 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 Buildtech Private Limited
FY 2016 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Progressive Buildtech Private Limited, buy the company report.
Board of directors of Progressive Buildtech Private Limited
Progressive Buildtech has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Nagar Also directs: NCR Properties Private Limited, Ecotech Buildcon Private Limited, Jassum Infrastructure Private Limited and 5 more | Director | 31 Jan 2015 | 11 Years 9 Months | Current |
| Sunil Sardana Also directs: NCR Properties Private Limited, Jassum Infrastructure Private Limited, Mountvalley Estates Private Limited and 5 more | Director | 10 Jan 2017 | 9 Years 10 Months | Current |
Auditor
Progressive Buildtech Private Limited is audited by N A J & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N A J & CO | FY 2016 | 026986N |
Shareholding
The shareholding of Progressive Buildtech Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Buildtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2012 | 10366231 | Corporation Bank | ₹8.5 Cr | Open | |
| 12 Oct 2010 | 10250131 | Kotak Mahindra Bank Limited | ₹125 Cr | Open | |
| 19 Jul 2010 | 10230585 | Corporation Bank Industrial Finance Branch | ₹9.2 Cr | Satisfied | |
| 21 Oct 2009 | 10189223 | Bank of Baroda | ₹75.95 Cr | Satisfied |
To see the full charge records of Progressive Buildtech Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Progressive Buildtech Private Limited has 6 court cases on record: 2 filed by Progressive Buildtech, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Registrar of Companies, NCT of Delhi and Haryana | Pending |
| District court, Panchkula, Haryana | Commercial suit | Filed against the company by an individual | Pending |
| District court, Panchkula, Haryana | Court case (PC) | Filed against the company | Pending |
| District court, East, Delhi | Revision petition | Filed against the company by an individual | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Progressive Buildtech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Buildtech 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 Buildtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Buildtech Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Sunil Sardana ceased to be Director on 30 Aug 2018.
11 earlier events are in the company report.
Frequently asked questions
Progressive Buildtech is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 November 2004 (22+ years old) and is registered under CIN U45201DL2004PTC130321.
Progressive Buildtech has 2 current directors:
- Sachin Nagar - Director
- Sunil Sardana - Director
The latest financial statements of Progressive Buildtech on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Progressive Buildtech is U45201DL2004PTC130321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Buildtech has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Progressive Buildtech was incorporated on 02 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Sunil Sardana ceased to be Director on 30 Aug 2018. Sunil Sardana was appointed as Director on 10 Jan 2017. Ved Prakash Saxena ceased to be Director on 05 Jan 2017. Progressive Buildtech has 11 board changes on record in total.
The registered office of Progressive Buildtech is at Rectangle – 1 D – 4 Saket District Centre Saket, New Delhi, Delhi, India – 110017.
Progressive Buildtech operates in the real estate and construction industry, in the real estate builders and developers segment.
Progressive Buildtech has open charges of ₹133.5 Cr and satisfied charges of ₹85.15 Cr as per latest MCA filings.
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