
Progressive Power Solutions LLP
About Progressive Power Solutions LLP
Data last updated:
Progressive Power Solutions LLP is a limited liability partnership (LLP) based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 June 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAM-8344. Its GSTIN is 36AAWFP0410H1Z8 (Telangana).
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners Ravindra Angara and Angara Rajesh.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per MCA filings, the LLP has open charges of ₹17.9 Cr on record. Court records list 3 cases involving the LLP, including 3 filed against it; 1 case is pending.
Progressive Power Solutions LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0026452).
Company details
Recognitions & Rankings of Progressive Power Solutions
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0026452
Contact details
Progressive Power Solutions LLP's registered office is in Hyderabad, Telangana.
- Registered AddressS. No. 811/A 812/A 814/A & 815/A, Ankireddypally (V) Keesara (M) R.R. Dist, Hyderabad, Telangana, India – 501301
- IndustryEnergy and Power, Power Equipment Manufacturers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Progressive Power Solutions LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Progressive Power Solutions LLP, buy the company report.
Designated partners of Progressive Power Solutions LLP
Progressive Power Solutions has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Angara Also directs: Epower Energy (India) Private Limited | Designated Partner | 19 Jun 2018 | 8 Years 4 Months | Current |
| Angara Rajesh | Designated Partner | 19 Jun 2018 | 8 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2024 | 100925631 | Hdfc Bank Limited | ₹25.13 Lakh | Open | |
| 07 Feb 2022 | 100659606 | City Union Bank Limited | ₹17.5 Cr | Open | |
| 08 Jun 2021 | 100465418 | Hdfc Bank Limited | ₹15.26 Lakh | Open |
To see the full charge records of Progressive Power Solutions LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
Progressive Power Solutions LLP has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Keshan Trading Corporation Secunderabad | Pending |
| High Court for State of Telangana | Arbitration matter | Filed against the company by Keshan Trading Corporation | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed against the company by Keshan Trading Corporation | Disposed |
To see the full case history of Progressive Power Solutions LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Power Solutions LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Power Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWFP0410H1Z8 | Telangana | Active | 09 Aug 2018 |
To see the full GST registrations and return filing status of Progressive Power Solutions LLP, buy the company report.
Recent activity
Progressive Power Solutions LLP has 4 designated partner changes on record since 2018: 4 appointments. The latest: Amit Kumar Saraogi was appointed as Partner on 19 Jun 2018.
Frequently asked questions
Progressive Power Solutions is an active limited liability partnership based in Hyderabad, Telangana, India. The LLP works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 June 2018 (8+ years old) and is registered under LLPIN AAM-8344.
Progressive Power Solutions has 2 current designated partners:
- Ravindra Angara - Designated Partner
- Angara Rajesh - Designated Partner
The latest financial statements of Progressive Power Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Progressive Power Solutions is 36AAWFP0410H1Z8, registered in Telangana.
The LLPIN (Limited Liability Partnership Identification Number) of Progressive Power Solutions is AAM-8344. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Progressive Power Solutions has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the district courts.
Progressive Power Solutions was incorporated on 19 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Amit Kumar Saraogi was appointed as Partner on 19 Jun 2018. Angara Rajesh was appointed as Designated Partner on 19 Jun 2018. Ravindra Angara was appointed as Designated Partner on 19 Jun 2018. Progressive Power Solutions has 4 designated partner changes on record in total.
Yes, Progressive Power Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Progressive Power Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0026452).