MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-12-0001322
Progressive Endeavours Private Limited - infrastructure and utilities in Midnapore, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹15.31 Cr
▲ 2% YoY
Net profit · FY 2023
₹55.25 Lakh
Net margin 3.6%
EBITDA · FY 2023
₹1.4 Cr
EBITDA margin 9.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹48.75 Lakh
Issued & subscribed
Open charges
₹8.55 Cr
Secured borrowings
Company age
25 yrs
Est. 2001
Employees · EPFO
136
Provident fund records
About Progressive Endeavours Private Limited
Data last updated:
Progressive Endeavours Private Limited is a private limited company based in Midnapore, West Bengal, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2001PTC093709. Its GSTIN is 19AACCP8437F1Z7 (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.75 Lakh. It is led by directors including Prasanta Kumar Patra (Managing Director) and Shyam Sundar Chaulia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vill Sutahatapo Sutahata Ps Sutahata, Midnapore, West Bengal, India – 721635.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.31 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹55.25 Lakh (net margin 3.6%) and EBITDA of ₹1.4 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 9% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.55 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 4 cases are pending.
Progressive Endeavours Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-12-0001322). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pelhaldia.co.
Company details
CIN U45201WB2001PTC093709
Registration Number 093709
Incorporation Date 10 September 2001
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-12-0001322
Key People
Prasanta Kumar Patra Managing Director Shyam Sundar Chaulia Director Chandan Maity Director Recognitions & Rankings of Progressive Endeavours
Contact details
Progressive Endeavours Private Limited's registered office is in Midnapore, West Bengal. Its website is pelhaldia.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVill Sutahatapo Sutahata Ps Sutahata, Midnapore, West Bengal, India – 721635
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Progressive Endeavours Private Limited, buy the company report.
Comprehensive company report
Progressive Endeavours Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Progressive Endeavours is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Progressive Endeavours Private Limited, buy the company report.
Financials of Progressive Endeavours Private Limited
FY 2023 filings availableProgressive Endeavours Private Limited reported revenue of ₹15.31 Cr (up 2% YoY) for FY 2023.
Revenue · FY 2023
₹15.31 Cr ▲ 2%
Net profit · FY 2023
₹55.25 Lakh margin 3.6%
EBITDA · FY 2023
₹1.4 Cr margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 19%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 2%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 2% growth in the latest year. EBITDA rose 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Progressive Endeavours Private Limited, buy the company report.
Board of directors of Progressive Endeavours Private Limited
Progressive Endeavours has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Kumar Patra | Managing Director | 04 Mar 2005 | 21 Years 8 Months | Current |
| Shyam Sundar Chaulia | Director | 20 Sep 2003 | 23 Years 1 Months | Current |
| Chandan Maity | Director | 25 Aug 2005 | 21 Years 2 Months | Current |
Auditor
Progressive Endeavours Private Limited is audited by S K MITRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K MITRA & ASSOCIATES | FY 2020 | 312183E |
Shareholding
The shareholding of Progressive Endeavours Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Endeavours Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100500281 | Hdfc Bank Limited | ₹9.4 Lakh | Open | |
| 05 Feb 2013 | 10403710 | Hdfc Bank Limited | ₹4.53 Lakh | Open | |
| 05 Feb 2013 | 10403715 | Hdfc Bank Limited | ₹47.97 Lakh | Open | |
| 06 Aug 2012 | 10378721 | Hdfc Bank Limited | ₹76.95 Lakh | Open | |
| 29 Jun 2012 | 10364199 | Hdfc Bank Limited | ₹26 Lakh | Open |
To see the full charge records of Progressive Endeavours Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Progressive Endeavours Private Limited has 8 court cases on record: 8 filed against it. 4 cases are pending and 4 are disposed.
Total cases
8
Filed against the company
8
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Yes Bank Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Yes Bank Limited | Disposed |
| District court, Purba Medinipur, West Bengal | Court case (Cr Case) | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| High Court | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax 9 Kolkata | Pending |
To see the full case history of Progressive Endeavours 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 Endeavours Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progressive Endeavours Private Limited has a workforce of 136 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
136
Active EPFO establishments
1
Employee growth
24.77%
GST
Progressive Endeavours has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCP8437F1Z7 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Endeavours Private Limited, buy the company report.
Recent activity
Progressive Endeavours Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Prasanta Kumar Patra ceased to be Director on 31 Dec 2011.
AGM
Progressive Endeavours Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Progressive Endeavours Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.40 Lakh with Charge ID 100500281 was registered on 29 Sep 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 690.00 Lakh registered on 08 Apr 2010 with Charge ID 10221951 was modified on 28 Feb 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.53 Lakh with Charge ID 10403710 was registered on 05 Feb 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 47.97 Lakh with Charge ID 10403715 was registered on 05 Feb 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 76.95 Lakh with Charge ID 10378721 was registered on 06 Aug 2012.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.00 Lakh with Charge ID 10364199 was registered on 29 Jun 2012.
Ceased
Prasanta Kumar Patra ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 690.00 Lakh with Charge ID 10221951 was registered on 08 Apr 2010.
Appointed
Chandan Maity was appointed as Director.
Appointed
Prasanta Kumar Patra was appointed as Managing Director.
2 earlier events are in the company report.
Frequently asked questions
Progressive Endeavours is an active private limited company based in Midnapore, West Bengal, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 September 2001 (25+ years old) and is registered under CIN U45201WB2001PTC093709.
Progressive Endeavours has 3 current directors:
- Prasanta Kumar Patra - Managing Director
- Shyam Sundar Chaulia - Director
- Chandan Maity - Director
The latest financial statements of Progressive Endeavours on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Progressive Endeavours is 19AACCP8437F1Z7, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Progressive Endeavours is U45201WB2001PTC093709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Endeavours has 8 court cases on record: 8 filed against it. 4 are pending. Most are in the district courts.
Progressive Endeavours was incorporated on 10 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
Prasanta Kumar Patra ceased to be Director on 31 Dec 2011. Chandan Maity was appointed as Director on 25 Aug 2005. Prasanta Kumar Patra was appointed as Managing Director on 04 Mar 2005. Progressive Endeavours has 4 board changes on record in total.
Yes, Progressive Endeavours is registered as a small enterprise under Udyam registration (number: UDYAM-WB-12-0001322).
Progressive Endeavours can be reached through the website pelhaldia.co. Its registered office is in Midnapore, West Bengal, India.
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