Progressive Power Solutions LLP

Progressive Power Solutions LLP - energy and power in Hyderabad, Telangana, India. Directors, charges & compliance details.
LLPIN AAM-8344 Incorporated 19 June 2018 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Limited Liability Partnership energy and power Startup India MSME · Small
Data last updated
Contribution obligation
₹1 Cr
As per LLP agreement
Open charges
₹17.9 Cr
Secured borrowings
LLP age
8 yrs
Est. 2018
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data
Registrar
Hyderabad
ROC office

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

LLPIN AAM-8344
Incorporation Date 19 June 2018
Total Obligation of Contribution ₹1 Cr
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TS-02-0026452

Recognitions & Rankings of Progressive Power Solutions

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-TS-02-0026452

Contact details

Progressive Power Solutions LLP's registered office is in Hyderabad, Telangana.

  • Registered Address
    S. No. 811/A 812/A 814/A & 815/A, Ankireddypally (V) Keesara (M) R.R. Dist, Hyderabad, Telangana, India – 501301
  • Industry
    Energy and Power, Power Equipment Manufacturers
Comprehensive company report
Progressive Power Solutions LLP - one report that includes everything
  • 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
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Financials of Progressive Power Solutions LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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 SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Ravindra AngaraDesignated Partner19 Jun 20188 Years 4 MonthsCurrent
Angara RajeshDesignated Partner19 Jun 20188 Years 4 MonthsCurrent

Charges & borrowings

Open charges
₹17.9 Cr
Satisfied charges
None
Breakdown by lending institutions
City Union Bank Limited₹17.50 Cr
Hdfc Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Jan 2024100925631Hdfc Bank Limited₹25.13 LakhOpen
07 Feb 2022100659606City Union Bank Limited₹17.5 CrOpen
08 Jun 2021100465418Hdfc Bank Limited₹15.26 LakhOpen

To see the full charge records of Progressive Power Solutions LLP, buy the company report.

Total charge records: 3 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAWFP0410H1Z8TelanganaActive09 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.

AGM
Progressive Power Solutions Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Progressive Power Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100925631 was registered on 22 Jan 2024.
Charges
A charge with City Union Bank Limited of Rs. 17.50 Cr registered on 07 Feb 2022 with Charge ID 100659606 was modified on 09 May 2022.
Charges
A charge with City Union Bank Limited amounted to Rs. 17.50 Cr with Charge ID 100659606 was registered on 07 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100465418 was registered on 08 Jun 2021.
Appointed
Amit Kumar Saraogi was appointed as Partner.
Appointed
Angara Rajesh was appointed as Designated Partner.
Appointed
Ravindra Angara was appointed as Designated Partner.
Appointed
Sudarsana Rao Vedula was appointed as Partner.
Incorporation
19 Jun 2018
Progressive Power Solutions Llp was registered on 19 Jun 2018 with Roc Hyderabad & aged 8 years 4 months as per MCA records.

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:

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).