Progressive Metals Private Limited - Company Profile

It is a metals and minerals private limited company based in Kolkata, West Bengal, India, established in 2008.
2008 Kolkata, West Bengal, India Active
Last Updated:
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About Progressive Metals Private Limited

Progressive Metals Private Limited, a active private limited company, was established on 27 February 2008 in Kolkata, West Bengal, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U27100WB2008PTC123204. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹8.50 M and a paid-up capital of ₹7.47 M.

It upholds a compliant status. Its leadership includes Manju Poddar (Director), Vinod Poddar (Director). Past directors included Anuj Poddar. It holds ₹55.50 Cr open charges and ₹28.24 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 23A, N. S. Road 7Th Floor, Kolkata, West Bengal, 700001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U27100WB2008PTC123204

  • Registration Number

    123204

  • Incorporation Date

    27 February 2008

  • Authorized Capital

    ₹8.50 M

  • Paid-Up Capital

    ₹7.47 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 7.47 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 55.50 Cr
  • Satisfied Charges ₹ 28.24 Cr
  • Revenue Growth **** 11.09%
  • Profit Growth **** 42.03%
  • Ebitda **** 31.54%
  • Net Worth 21.87%
  • Total Assets -21.89%
Company report

Progressive Metals Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Progressive Metals 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 Metals Private Limited?
Current Directors
Name Designation Appointment Date Status
Manju Poddar Director 27 Feb 2008 Current
Vinod Poddar Director 27 Feb 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Aug 2021 Past

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Financial Performance of Progressive Metals.

Progressive Metals Private Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 11.09% increase. The company also saw a substantial improvement in profitability, with a 42.03% increase in profit. The company's net worth Soared by an impressive increase of 21.87%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 11.09%
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Revenue from Operations
*******
 10.71%
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*******
*******
*******
Total Assets
*******
 -21.89%
*******
*******
*******
*******
Profit or Loss
*******
 42.03%
*******
*******
*******
*******
Net Worth
*******
 21.87%
*******
*******
*******
*******
EBITDA
*******
 31.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Metals?

In 2024, Progressive Metals had a promoter holding of 87.12% and a public holding of 12.88%. 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

₹555,000,000.00

Satisfied Charges

₹282,400,000.00

Charges Breakdown by Lending Institutions
  • Others : 55.50 Cr
Latest Charge Details
Date Lender Amount Status
21 Nov 2023 Others ₹18.00 Cr Open
19 Jul 2023 Others ₹7.50 Cr Open
11 Feb 2015 Others ₹30.00 Cr Open
13 Feb 2024 Others ₹7.00 Cr Satisfied
08 Sep 2020 Others ₹1.50 Cr Satisfied

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How Many Employees Work at Progressive Metals?

Unlock and access historical data on people associated with Progressive Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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

Gain comprehensive insights into the Deals and Valuation data of Progressive Metals, 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 Metals's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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

    Progressive Metals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 13 Feb 2024 via Charge ID 100865907 with Others was fully satisfied on 03 May 2025. was recorded as a recent event.

  • Balance Sheet

    The activity Progressive Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was completed.

  • Charges

    A charge with Others of Rs. 70.00 M registered on 13 Feb 2024 with Charge ID 100865907 was modified on 05 Mar 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 70.00 M with Charge ID 100865907 was registered on 13 Feb 2024. was documented.

  • Charges

    The activity A charge with Others of Rs. 300.00 M registered on 11 Feb 2015 with Charge ID 10558756 was modified on 15 Jan 2024. was completed.

Explore recent activity and updates - View Recent Activity

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

The CIN of Progressive Metals Private Limited is U27100WB2008PTC123204.

Where is Progressive Metals Private Limited headquartered?

Progressive Metals Private Limited is headquartered at 23A, N. S. Road 7Th Floor, Kolkata, West Bengal, 700001.

When was Progressive Metals Private Limited incorporated?

Progressive Metals Private Limited was incorporated on 27 February 2008.

Who are the current directors of Progressive Metals Private Limited?

The current directors of Progressive Metals Private Limited are

What is the primary industry of Progressive Metals Private Limited?

The primary industry of Progressive Metals Private Limited is Trade.

Is Progressive Metals Private Limited a listed company?

Progressive Metals Private Limited is unlisted.

What is the capital structure of Progressive Metals Private Limited?

The authorized capital of Progressive Metals Private Limited is ₹8.50 M, and the paid-up capital is ₹7.47 M.

What is the compliance status of Progressive Metals Private Limited?

The compliance status of Progressive Metals Private Limited is Compliant.

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