Progressive Consultancy Services Pvt Ltd - Company Profile

It is a financial services private limited company based in Kolkata, West Bengal, India, established in 1977.
1977 Kolkata, West Bengal, India Active
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About Progressive Consultancy Services Pvt Ltd

Progressive Consultancy Services Pvt Ltd, a active private limited company, was established on 15 October 1977 in Kolkata, West Bengal, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U74140WB1977PTC031198. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr.

It upholds a compliant status. Its leadership includes Ramesh Vithaldas Patel (Director), Nagesh Maganlal Patel (Director), Prafulla Nagesh Patel (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2/5 Sarat Bose Roa7Th Floor Flat-7A, Kolkata, West Bengal, 700020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74140WB1977PTC031198

  • Registration Number

    031198

  • Incorporation Date

    15 October 1977

  • Authorized Capital

    ₹1.25 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 48 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -59.66%
  • Profit Growth **** -74.83%
  • Ebitda **** -56.17%
  • Net Worth 3.14%
  • Total Assets **** 7.34%
Company report

Progressive Consultancy Services Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Progressive Consultancy Services Pvt Ltd — 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 Consultancy Services Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Ramesh Vithaldas Patel Director 10 Dec 2004 Current
Nagesh Maganlal Patel Director 10 Dec 2004 Current
Prafulla Nagesh Patel Director 10 Dec 2004 Current

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Financial Performance of Progressive Consultancy Services.

Progressive Consultancy Services Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.66% decrease. The company also saw a substantial fall in profitability, with a 74.83% decrease in profit. The company's net worth moved up by a moderate rise of 3.14%.

Progressive Consultancy Services revenue growth over time
Progressive Consultancy Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -59.66%
*******
*******
*******
*******
Revenue from Operations
*******
 -12.86%
*******
*******
*******
*******
Total Assets
*******
 7.34%
*******
*******
*******
*******
Profit or Loss
*******
 -74.83%
*******
*******
*******
*******
Net Worth
*******
 3.14%
*******
*******
*******
*******
EBITDA
*******
 -56.17%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Consultancy Services?

In 2023, Progressive Consultancy Services had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Progressive Consultancy Services?

Progressive Consultancy Services has a workforce of 0 employees as of Mar 31, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Consultancy Services, 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 Consultancy Services'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
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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.

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Latest Updates, News, and FAQs on Progressive Consultancy Services
Recent Activity within the Organization
  • Annual General Meeting

    Progressive Consultancy Services Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Progressive Consultancy Services Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was completed.

  • Director Appointment

    Ramesh Vithaldas Patel was appointed as a Director was appointed as a Director on 10 Dec 2004 & has been associated with this company since 21 years 6 months . was recorded as a recent event.

  • Director Appointment

    The activity Nagesh Maganlal Patel was appointed as a Director was appointed as a Director on 10 Dec 2004 & has been associated with this company since 21 years 6 months . was completed.

  • Director Appointment

    Prafulla Nagesh Patel was appointed as a Director was appointed as a Director on 10 Dec 2004 & has been associated with this company since 21 years 6 months . was recorded as a recent event.

  • Company Incorporation

    Progressive Consultancy Services Pvt Ltd was registered on 15 Oct 1977 with Roc Kolkata & aged 48 years 8 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Progressive Consultancy Services Pvt Ltd?

The CIN of Progressive Consultancy Services Pvt Ltd is U74140WB1977PTC031198.

Where is Progressive Consultancy Services Pvt Ltd headquartered?

Progressive Consultancy Services Pvt Ltd is headquartered at 2/5 Sarat Bose Roa7Th Floor Flat-7A, Kolkata, West Bengal, 700020.

When was Progressive Consultancy Services Pvt Ltd incorporated?

Progressive Consultancy Services Pvt Ltd was incorporated on 15 October 1977.

Who are the current directors of Progressive Consultancy Services Pvt Ltd?

The current directors of Progressive Consultancy Services Pvt Ltd are

What is the primary industry of Progressive Consultancy Services Pvt Ltd?

The primary industry of Progressive Consultancy Services Pvt Ltd is Financial And Insurance Service.

Is Progressive Consultancy Services Pvt Ltd a listed company?

Progressive Consultancy Services Pvt Ltd is unlisted.

What is the capital structure of Progressive Consultancy Services Pvt Ltd?

The authorized capital of Progressive Consultancy Services Pvt Ltd is ₹1.25 Cr, and the paid-up capital is ₹1.25 Cr.

What is the compliance status of Progressive Consultancy Services Pvt Ltd?

The compliance status of Progressive Consultancy Services Pvt Ltd is Compliant.

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