Progressive Logistics Private Limited - Company Profile

It is a transportation and logistics private limited company based in Chennai, Tamil Nadu, India, established in 2001.
2001 Chennai, Tamil Nadu, India Struck Off
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About Progressive Logistics Private Limited

Progressive Logistics Private Limited, a struck off private limited company, was established on 27 March 2001 in Chennai, Tamil Nadu, India. Engaging in comprehensive logistics within the transportation and logistics sector, it holds CIN: U63011TN2001PTC046860. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.00 M.

Its leadership includes Rattan Lal Narula (Director), Subbiah Rama Subramanian (Director). Past directors included Dewan Priyanka, Srinivasan Janakiraman. It holds no open charges and ₹38.39 Cr settled loans. Its latest AGM occurred on 20 September 2017, with the balance sheet filed on 31 March 2017. It is based at 44 Armenian Street 2Nd Floor, Chennai, Tamil Nadu, 600001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U63011TN2001PTC046860

  • Registration Number

    046860

  • Incorporation Date

    27 March 2001

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 38.39 Cr
Company report

Progressive Logistics Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Progressive Logistics Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Progressive Logistics Private Limited?
Current Directors
Name Designation Appointment Date Status
Rattan Lal Narula Director 27 Mar 2001 Current
Subbiah Rama Subramanian Director 10 Nov 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jun 2010 Past
Pramod Abcsdd Director 25 Jan 2016 Past

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Financial Performance of Progressive Logistics.

Enhance accessibility to Progressive Logistics's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Progressive Logistics revenue growth over time
Progressive Logistics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Emtek
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Signite Partners
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Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Progressive Logistics?

In 2017, Progressive Logistics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹383,900,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 37.71 Cr
  • Citi Union Bank Ltd : 0.68 Cr
Latest Charge Details
Date Lender Amount Status
19 Apr 2013 State Bank Of India ₹2.50 Cr Satisfied
26 Jul 2011 State Bank Of India ₹35.21 Cr Satisfied
29 Oct 2004 Citi Union Bank Ltd ₹6.80 M Satisfied

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How Many Employees Work at Progressive Logistics?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Progressive Logistics
Recent Activity within the Organization
  • Annual General Meeting

    Progressive Logistics Private Limited last Annual general meeting of members was held on 20 Sep 2017 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Progressive Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai. was completed.

  • Charges

    A charge registered on 26 Jul 2011 via Charge ID 10302763 with State Bank Of India was fully satisfied on 14 Mar 2017. was recorded as a recent event.

  • Charges

    The activity A charge registered on 29 Oct 2004 via Charge ID 90287974 with Citi Union Bank Ltd was fully satisfied on 13 Mar 2017. was completed.

  • Charges

    A charge registered on 19 Apr 2013 via Charge ID 10425989 with State Bank Of India was fully satisfied on 30 Nov 2015. was recorded as a recent event.

  • Charges

    A charge with State Bank Of India amounted to Rs. 25.00 M with Charge ID 10425989 was registered on 19 Apr 2013. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Progressive Logistics Private Limited?

The CIN of Progressive Logistics Private Limited is U63011TN2001PTC046860.

Where is Progressive Logistics Private Limited headquartered?

Progressive Logistics Private Limited is headquartered at 44 Armenian Street 2Nd Floor, Chennai, Tamil Nadu, 600001.

When was Progressive Logistics Private Limited incorporated?

Progressive Logistics Private Limited was incorporated on 27 March 2001.

Who are the current directors of Progressive Logistics Private Limited?

The current directors of Progressive Logistics Private Limited are

What is the primary industry of Progressive Logistics Private Limited?

The primary industry of Progressive Logistics Private Limited is Transportation And Logistics.

Is Progressive Logistics Private Limited a listed company?

Progressive Logistics Private Limited is unlisted.

What is the capital structure of Progressive Logistics Private Limited?

The authorized capital of Progressive Logistics Private Limited is ₹5.00 M, and the paid-up capital is ₹2.00 M.

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