Progressive Equip-Well (India) Private Limited
About Progressive Equip-Well (India) Private Limited
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Progressive Equip-Well (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 27 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2003PTC120571. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors Rajni Gupta and Mukesh Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19 Igi Gurgaon Road Kapashera, New Delhi, Delhi, India – 110097.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.04 Lakh. For the same year it recorded a net profit of ₹14.04 Lakh (net margin 20.3%) and EBITDA of ₹16.64 Lakh (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹16.61 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Equip-Well (India) 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 Address19 Igi Gurgaon Road Kapashera, New Delhi, Delhi, India – 110097
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Progressive Equip-Well (India) 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 Equip-Well (India) Private Limited
FY 2025 filings availableProgressive Equip-Well (India) Private Limited reported revenue of ₹69.04 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.64 Lakh | ||||
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| Net Profit (PAT) | ₹14.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 20.3% | ||||
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To see the full financial statements and ratios of Progressive Equip-Well (India) Private Limited, buy the company report.
Board of directors of Progressive Equip-Well (India) Private Limited
Progressive Equip-Well (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajni Gupta Also directs: Whale Agro Private Limited, Deepee Security Printers Private Limited, Marshee Private Limited and 1 more | Additional Director | 10 Oct 2022 | 4 Years 0 Months | Current |
| Mukesh Gupta Also directs: Whale Agro Private Limited, Delhi Paper Products Company Private Limited, Radex Hospitality India Private Limited and 2 more | Additional Director | 10 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Progressive Equip-Well (India) Private Limited is audited by VIDYA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIDYA & CO | FY 2018 | 308022E |
Shareholding
The shareholding of Progressive Equip-Well (India) Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Progressive Equip-Well (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2009 | 10142488 | Union Bank of India | ₹3.65 Cr | Satisfied | |
| 16 May 2008 | 10103494 | Union Bank of India | ₹10.78 Cr | Satisfied | |
| 15 Dec 2007 | 10089006 | Union Bank of India | ₹75 Lakh | Satisfied | |
| 15 Dec 2007 | 10089015 | Union Bank of India | ₹25 Lakh | Satisfied | |
| 25 Jul 2006 | 10014400 | Union Bank of India | ₹75 Lakh | Satisfied |
To see the full charge records of Progressive Equip-Well (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Progressive Equip-Well (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Material Movell (India) Pvt Ltd | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Progressive Equip-Well (India) 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 Equip-Well (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Equip-Well (India) has 2 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 Equip-Well (India) Private Limited, buy the company report.
Recent activity
Progressive Equip-Well (India) Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Raj Kumar ceased to be Director on 31 Dec 2022.
10 earlier events are in the company report.
Frequently asked questions
Progressive Equip-Well (India) is an active private limited company based in New Delhi, Delhi, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 27 May 2003 (23+ years old) and is registered under CIN U31909DL2003PTC120571.
Progressive Equip-Well (India) has 2 current directors:
- Rajni Gupta - Additional Director
- Mukesh Gupta - Additional Director
The latest financial statements of Progressive Equip-Well (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Progressive Equip-Well (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Progressive Equip-Well (India) is U31909DL2003PTC120571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Equip-Well (India) has 2 court cases on record: 2 filed against it.
Progressive Equip-Well (India) was incorporated on 27 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Raj Kumar ceased to be Director on 31 Dec 2022. Mukesh Gupta was appointed as Additional Director on 10 Oct 2022. Rajni Gupta was appointed as Additional Director on 10 Oct 2022. Progressive Equip-Well (India) has 5 board changes on record in total.
The registered office of Progressive Equip-Well (India) is at 19 Igi Gurgaon Road Kapashera, New Delhi, Delhi, India – 110097.
Progressive Equip-Well (India) operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.