Progressive Industrietechnick Pvt Ltd

Progressive Industrietechnick Pvt Ltd - industrial manufacturing in Andhra Pradesh, India. Directors, charges & compliance details.
CIN U29219AP1989PTC010800 Incorporated 20 December 1989 ROC Vijayawada HQ Andhra Pradesh, India
Struck Off Private Limited Company industrial manufacturing
Data last updated
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹87.42 Lakh
Issued & subscribed
Satisfied charges
₹2.24 Cr
No open charges
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings
Last financials
Mar 2012
Balance sheet date
Last AGM
29 Sep 2012
Annual general meeting
Company status
Struck Off
MCA master data

About Progressive Industrietechnick Pvt Ltd

Data last updated:

Progressive Industrietechnick Pvt Ltd was a private limited company based in Andhra Pradesh, 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 manufacturing segment of the industrial manufacturing sector. It was incorporated on 20 December 1989.

The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U29219AP1989PTC010800.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹87.42 Lakh. It was led by directors Ravi Shankar Balasubramaniam (Managing Director) and Srinivas Balasubramaniam.

Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at Plot No. 18 Road No. 6 Trimurthy Societ Hills Secunderabad, Andhra Pradesh, India – 500026.

As per MCA filings, the company had satisfied charges of ₹2.24 Cr on record.

Company details

CIN U29219AP1989PTC010800
Registration Number 010800
Incorporation Date 20 December 1989
ROC Vijayawada
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2012
Date of Balance Sheet 31 March 2012

Contact details

Progressive Industrietechnick Pvt Ltd's registered office is in Andhra Pradesh.

  • Registered Address
    Plot No. 18 Road No. 6 Trimurthy Societ Hills Secunderabad, Andhra Pradesh, India – 500026
  • Industry
    Industrial Manufacturing, Manufacturing, Special Purpose Machinery
Comprehensive company report
Progressive Industrietechnick Pvt Ltd - one report that includes everything
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Progressive Industrietechnick Pvt Ltd

FY 2012 filings available

Financial Statement Summary

MetricsFY 2011-12
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2011-12
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Progressive Industrietechnick Pvt Ltd, buy the company report.

Board of directors of Progressive Industrietechnick Pvt Ltd

Progressive Industrietechnick has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Srinivas BalasubramaniamDirector20 Dec 198936 Years 10 MonthsAs last reported
Ravi Shankar BalasubramaniamManaging Director20 Dec 198936 Years 10 MonthsAs last reported

Charges & borrowings

Open charges
None
Satisfied charges
₹2.24 Cr
Breakdown by lending institutions
Maharashtr State Financial Corporation₹0.75 Cr
State Bank of India₹0.75 Cr
Maharashtra State Financial Corporation₹0.66 Cr
Andhra Bank₹0.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 199690131162Maharashtr State Financial Corporation₹75 LakhSatisfied
23 May 199590135474State Bank of India₹75 LakhSatisfied
27 Sep 199490133707Maharashtra State Financial Corporation₹66 LakhSatisfied
14 Jun 199090131734Andhra Bank₹7.5 LakhSatisfied

To see the full charge records of Progressive Industrietechnick Pvt Ltd, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Progressive Industrietechnick Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Progressive Industrietechnick Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Progressive Industrietechnick Pvt Ltd has 2 board changes on record since 1989: 2 appointments. The latest: Ravi Shankar Balasubramaniam was appointed as Managing Director on 20 Dec 1989.

AGM
Progressive Industrietechnick Pvt Ltd last Annual general meeting of members was held on 29 Sep 2012 as per latest MCA records.
Filing
Progressive Industrietechnick Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2012 with Roc Vijayawada.
Charges
A charge registered on 23 May 1995 via Charge ID 90135474 with State Bank Of India was fully satisfied on 14 Apr 2004.
Charges
A charge registered on 25 Mar 1996 via Charge ID 90131162 with Maharashtr State Financial Corporation was fully satisfied on 13 Apr 2004.
Charges
A charge registered on 27 Sep 1994 via Charge ID 90133707 with Maharashtra State Financial Corporation was fully satisfied on 13 Apr 2004.
Charges
A charge with State Bank Of India of Rs. 0.75 Cr registered on 23 May 1995 with Charge ID 90135474 was modified on 27 Mar 2004.
Charges
A charge with Maharashtr State Financial Corporation amounted to Rs. 0.75 Cr with Charge ID 90131162 was registered on 25 Mar 1996.
Charges
A charge with State Bank Of India amounted to Rs. 0.75 Cr with Charge ID 90135474 was registered on 23 May 1995.
Charges
A charge with Maharashtra State Financial Corporation amounted to Rs. 0.66 Cr with Charge ID 90133707 was registered on 27 Sep 1994.
Charges
A charge registered on 14 Jun 1990 via Charge ID 90131734 with Andhra Bank was fully satisfied on 19 Apr 1994.
Charges
A charge with Andhra Bank of Rs. 0.08 Cr registered on 14 Jun 1990 with Charge ID 90131734 was modified on 14 Nov 1990.
Charges
A charge with Andhra Bank amounted to Rs. 0.08 Cr with Charge ID 90131734 was registered on 14 Jun 1990.

3 earlier events are in the company report.

Frequently asked questions

Progressive Industrietechnick 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 Industrietechnick was a private limited company based in Andhra Pradesh, India. The company worked in manufacturing, within the industrial manufacturing industry. It was incorporated on 20 December 1989 and is registered under CIN U29219AP1989PTC010800. The company has been struck off by the Registrar of Companies and is no longer operational.

Progressive Industrietechnick had 2 directors:

The CIN (Corporate Identification Number) of Progressive Industrietechnick is U29219AP1989PTC010800. 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 Industrietechnick is at Plot No. 18 Road No. 6 Trimurthy Societ Hills Secunderabad, Andhra Pradesh, India – 500026.

Progressive Industrietechnick was incorporated on 20 December 1989. It is registered with the Registrar of Companies, Vijayawada.

The latest financial statements of Progressive Industrietechnick on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.

Progressive Industrietechnick operated in the industrial manufacturing industry, in the manufacturing segment. It worked in this industry before it was struck off.

Ravi Shankar Balasubramaniam was appointed as Managing Director on 20 Dec 1989. Srinivas Balasubramaniam was appointed as Director on 20 Dec 1989.

Progressive Industrietechnick has no open charges and satisfied charges of ₹2.24 Cr as per latest MCA filings.