Progressive Gear Industries Private Limited, a active private limited company, was established on 04 October 1985 in New Delhi, Delhi, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U74899DL1985PTC022170. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.92 M.
It upholds a compliant status. Employing 13 professional, Its leadership includes Manish Chawla (Director), Indra Chawla (Director), Tilak Chawla Raj (Additional Director). Past directors included Indra Chawla, Sanjay Chawla, Geetu Chawla. It holds ₹9.91 M open charges and ₹2.33 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A1/256, Paschim Vihar, New Delhi, Delhi, 110063.
U74899DL1985PTC022170
022170
04 October 1985
₹2.50 M
₹0.92 M
Roc Delhi
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Chawla | Director | 06 Apr 1990 | Current |
| Indra Chawla | Director | 01 May 2020 | Current |
| Tilak Chawla Raj | Additional Director | 24 Dec 2012 | Current |
| Geetu Chawla | Director | 31 Mar 2015 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 31 Dec 2020 | Past |
| Pramod Abcsdd | Director | 31 Dec 2012 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
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Progressive Gear Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.39% decrease. The company also saw a slight improvement in profitability, with a 3.28% increase in profit. The company's net worth Soared by an impressive increase of 15.04%.
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In 2023, Progressive Gear Industries had a public holding of 2.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹9,911,000.00
₹23,250,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Apr 2025 | Karnataka Bank Ltd. | ₹4.70 M | Open |
| 21 Jan 2025 | Sidbi | ₹4.61 M | Open |
| 12 Dec 2014 | State Bank Of Bikaner & Jaipur | ₹0.60 M | Open |
| 26 Mar 2025 | Karnataka Bank Ltd. | ₹0.75 M | Satisfied |
| 13 Aug 2015 | Karnataka Bank Ltd. | ₹1.50 Cr | Satisfied |
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Progressive Gear Industries has a workforce of 13 employees as of Apr 04, 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.
Gain comprehensive insights into the Deals and Valuation data of Progressive Gear Industries, 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 Gear Industries's trajectory.
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A charge registered on 26 Mar 2025 via Charge ID 101081997 with Karnataka Bank Ltd. was fully satisfied on 15 Jul 2025. was recorded as a recent event.
Progress on A charge with Karnataka Bank Ltd. amounted to Rs. 4.70 M with Charge ID 101090759 was registered on 21 Apr 2025. was documented.
Progress on A charge with Karnataka Bank Ltd. amounted to Rs. 0.75 M with Charge ID 101081997 was registered on 26 Mar 2025. was documented.
The activity A charge with Sidbi amounted to Rs. 4.61 M with Charge ID 101043674 was registered on 21 Jan 2025. was completed.
Progressive Gear Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
A charge registered on 13 Aug 2015 via Charge ID 10587917 with Karnataka Bank Ltd. was fully satisfied on 03 May 2024. was recorded as a recent event.
The CIN of Progressive Gear Industries Private Limited is U74899DL1985PTC022170.
Progressive Gear Industries Private Limited is headquartered at A1/256, Paschim Vihar, New Delhi, Delhi, 110063.
Progressive Gear Industries Private Limited was incorporated on 04 October 1985.
The current directors of Progressive Gear Industries Private Limited are
The primary industry of Progressive Gear Industries Private Limited is Manufacturing.
Progressive Gear Industries Private Limited is unlisted.
The authorized capital of Progressive Gear Industries Private Limited is ₹2.50 M, and the paid-up capital is ₹0.92 M.
The compliance status of Progressive Gear Industries Private Limited is Compliant.
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