It is a automotive private limited company based in Rajkot, Gujarat, India, established in 1999.
1999 | Rajkot, Gujarat, India | ActiveProgressive Motors Private Limited, a active private limited company, was established on 10 August 1999 in Rajkot, Gujarat, India. Engaging in auto dealership & trading within the support service to organizations sector, it holds CIN: U35914GJ1999PTC036405. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.50 M.
It upholds a compliant status. Its leadership includes Hetalben Kalpeshbhai Kothari (Director), Kalpesh Naranbhai Kothari (Director). Past directors included Narayandas Gangajibhai Kothari. It holds ₹8.99 Cr open charges and ₹6.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Jimmy Park Gf Shop No 12 To 15 Jakatnaka Street, Gondal Road,, Rajkot, Gujarat, 360004.
U35914GJ1999PTC036405
036405
10 August 1999
₹5.00 M
₹3.50 M
Roc Ahmedabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hetalben Kalpeshbhai Kothari | Director | 10 Aug 1999 | Current |
| Kalpesh Naranbhai Kothari | Director | 10 Aug 1999 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | - | Past |
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Progressive Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.73% increase. The company also saw a substantial improvement in profitability, with a 124.59% increase in profit. The company's net worth Soared by an impressive increase of 14.43%.
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In 2023, Progressive Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹89,921,000.00
₹62,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2017 | State Bank Of India | ₹4.69 Cr | Open |
| 08 Oct 2012 | Citizens Co-Operative Bank Limited | ₹3.00 M | Open |
| 07 Feb 2009 | Others | ₹4.00 Cr | Open |
| 21 Jun 2007 | The Hongkong And Shanghai Banking Corporation Ltd | ₹3.50 Cr | Satisfied |
| 29 Mar 2006 | Standard Chartered Bank | ₹2.75 Cr | Satisfied |
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The activity Progressive Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
The activity Progressive Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.
Progress on A charge with State Bank Of India of Rs. 46.92 M registered on 29 Nov 2017 with Charge ID 100140993 was modified on 23 Jun 2020. was documented.
Progress on A charge registered on 21 Jun 2007 via Charge ID 10058650 with The Hongkong And Shanghai Banking Corporation Ltd was fully satisfied on 08 Mar 2019. was documented.
Progress on A charge registered on 29 Mar 2006 via Charge ID 10002909 with Standard Chartered Bank was fully satisfied on 11 Dec 2017. was documented.
Progress on A charge with State Bank Of India amounted to Rs. 46.92 M with Charge ID 100140993 was registered on 29 Nov 2017. was documented.
The CIN of Progressive Motors Private Limited is U35914GJ1999PTC036405.
Progressive Motors Private Limited is headquartered at Jimmy Park Gf Shop No 12 To 15 Jakatnaka Street, Gondal Road,, Rajkot, Gujarat, 360004.
Progressive Motors Private Limited was incorporated on 10 August 1999.
The current directors of Progressive Motors Private Limited are
The primary industry of Progressive Motors Private Limited is Support Service To Organizations.
Progressive Motors Private Limited is unlisted.
The authorized capital of Progressive Motors Private Limited is ₹5.00 M, and the paid-up capital is ₹3.50 M.
The compliance status of Progressive Motors Private Limited is Compliant.
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