Progressive Engineering and Automation Private Limited
About Progressive Engineering and Automation Private Limited
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Progressive Engineering and Automation 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 auto parts and components segment of the automotive sector. It was incorporated on 21 October 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL2005PTC142017. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors Rohit Relan and Ravi Sangam Aiyar.
Its last annual general meeting (AGM) was held on 02 June 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at G – 13 Pushpanjali Farm Bijwasan, New Delhi, Delhi, India – 110061.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.53 Lakh (net margin -48.7%) and EBITDA of -₹2.53 Lakh (EBITDA margin -48.7%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 33% over five years.
As per MCA filings, the company had satisfied charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in August 2014. Its 10 peer companies in the Automobiles industry (Auto Ancillary, Automation) are compared by revenue, 5 larger and 5 smaller; the largest is Dsr.Service Solutioner Private Limited with revenue of ₹5.28 Lakh.
Company details
Contact details
Progressive Engineering and Automation 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 AddressG – 13 Pushpanjali Farm Bijwasan, New Delhi, Delhi, India – 110061
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Progressive Engineering and Automation 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 Engineering and Automation Private Limited
FY 2021 filings availableProgressive Engineering and Automation Private Limited reported revenue of ₹5.19 Lakh (up 3186% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years. EBITDA fell 542% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹2.53 Lakh | ||||
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| Net Profit (PAT) | -₹2.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -48.7% | ||||
| Net Profit Margin | -48.7% | ||||
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To see the full financial statements and ratios of Progressive Engineering and Automation Private Limited, buy the company report.
Board of directors of Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Relan | Director | 21 Oct 2005 | 21 Years 0 Months | As last reported |
| Ravi Sangam Aiyar | Director | 10 Mar 2021 | 5 Years 7 Months | As last reported |
Peer comparison
Progressive Engineering and Automation Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Automation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dsr.Service Solutioner Private Limited | ₹5.28 Lakh (FY 2025) | -85.0% | Delhi, India | |||
| Inteltek Automation Private Limited | ₹5.26 Lakh (FY 2025) | -48.0% | Pune, Maharashtra, India | |||
| Coeus Automation (OPC) Private Limited | ₹5.26 Lakh (FY 2025) | -66.0% | Chennai, Tamil Nadu, India | |||
| Vivrt Motors Private Limited | ₹5.23 Lakh (FY 2024) | 51.0% | Mysore, Karnataka, India | |||
| Welded Automation Private Limited | ₹5.2 Lakh (FY 2022) | Hooghly, West Bengal, India | ||||
| Progressive Engineering and Automation Private Limitedthis company | ₹5.19 Lakh (FY 2021) | -₹2.53 Lakh | -48.7% | 3186.0% | New Delhi, Delhi, India | |
| Technoart Robotics & Process Automation Private Limited | ₹5.18 Lakh (FY 2024) | 49.0% | Nasirabad, Rajasthan, India | |||
| Kumawat CNC Machines & Automation Private Limited | ₹5.18 Lakh (FY 2020) | Jhunjhunu, Rajasthan, India | ||||
| RGDP Automation India Private Limited | ₹5.17 Lakh (FY 2021) | -60.0% | Bhopal, Madhya Pradesh, India | |||
| B L Chaudhary Steels Private Limited | ₹5.14 Lakh (FY 2025) | 4.0% | Kanpur, Uttar Pradesh, India | |||
| Neptune Automation SWM Private Limited | ₹5.12 Lakh (FY 2024) | Erode, Tamil Nadu, India |
To see the full peer comparison of Progressive Engineering and Automation Private Limited, buy the company report.
Auditor
Progressive Engineering and Automation Private Limited is audited by RPBASIA& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RPBASIA& CO. | FY 2017 | 001973N |
Shareholding
The shareholding of Progressive Engineering and Automation 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 Engineering and Automation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2011 | 10296696 | State Bank of Travancore | ₹4 Cr | Satisfied |
To see the full charge records of Progressive Engineering and Automation Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Progressive Engineering and Automation Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in August 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Rights issue | ₹2 Cr | Investors: 3 individuals |
| Oct 2009 | Funding round | ₹50 Lakh | Investors: N.D Relan Huf, 3 individuals |
| Feb 2009 | Funding round | ₹49 Lakh | Investors: N.D Relan Huf, Ajay Relan Huf, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Progressive Engineering and Automation Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Progressive Engineering and Automation 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 Engineering and Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Progressive Engineering and Automation has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
Progressive Engineering and Automation Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Progressive Engineering and Automation has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Progressive Engineering and Automation Private Limited, buy the company report.
Recent activity
Progressive Engineering and Automation Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Ravi Sangam Aiyar ceased to be Additional Director on 02 Jun 2021.
Frequently asked questions
Progressive Engineering and Automation 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 Engineering and Automation was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 21 October 2005 and is registered under CIN U34300DL2005PTC142017. The company has been struck off by the Registrar of Companies and is no longer operational.
Progressive Engineering and Automation had 2 directors:
- Rohit Relan - Director
- Ravi Sangam Aiyar - Director
The CIN (Corporate Identification Number) of Progressive Engineering and Automation is U34300DL2005PTC142017. 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 Engineering and Automation is at G – 13 Pushpanjali Farm Bijwasan, New Delhi, Delhi, India – 110061.
Progressive Engineering and Automation was incorporated on 21 October 2005. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Progressive Engineering and Automation on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 02 June 2021. Year-wise statements from 2015 are in the company report.
No. Progressive Engineering and Automation has 3 GST registrations on record and all of them are cancelled or inactive.
Progressive Engineering and Automation operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.
Progressive Engineering and Automation has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in August 2014.
The peers of Progressive Engineering and Automation by revenue are Dsr.Service Solutioner Private Limited, Inteltek Automation Private Limited, Coeus Automation (OPC) Private Limited, Vivrt Motors Private Limited, Welded Automation Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary, Automation).