Progressive Solar & Power Solutions Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Udaipur, Rajasthan, India, established in 2019.
2019 Udaipur, Rajasthan, India Active
Last Updated:
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About Progressive Solar & Power Solutions Private Limited

Progressive Solar & Power Solutions Private Limited, a active private limited company, was established on 08 March 2019 in Udaipur, Rajasthan, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U74999RJ2019PTC064243. Registered under ROC Roc Jaipur. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Sachin Singhvi (Director), Darshna Singhvi (Director). It holds ₹9.42 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Singhvi Square, Cp 11, Lower Ground Madri Industrial Area, Near Ucci, Udaipur, Rajasthan, 313001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U74999RJ2019PTC064243

  • Registration Number

    064243

  • Incorporation Date

    08 March 2019

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Jaipur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 9.42 M
  • Revenue Growth **** 36.33%
  • Profit Growth **** 320.59%
  • Ebitda **** 305.84%
  • Net Worth 169.68%
  • Total Assets -67.54%
Company report

Progressive Solar & Power Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Progressive Solar & Power Solutions 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 Solar & Power Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Sachin Singhvi Director 08 Mar 2019 Current
Darshna Singhvi Director 08 Mar 2019 Current

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Financial Performance of Progressive Solar & Power Solutions.

Progressive Solar & Power Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.33% increase. The company also saw a substantial improvement in profitability, with a 320.59% increase in profit. The company's net worth Soared by an impressive increase of 169.68%.

Progressive Solar & Power Solutions revenue growth over time
Progressive Solar & Power Solutions 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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 36.33%
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*******
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Revenue from Operations
*******
 36.55%
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*******
*******
Total Assets
*******
 -67.54%
*******
*******
*******
*******
Profit or Loss
*******
 320.59%
*******
*******
*******
*******
Net Worth
*******
 169.68%
*******
*******
*******
*******
EBITDA
*******
 305.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Solar & Power Solutions?

In 2022, Progressive Solar & Power Solutions 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

₹9,420,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.80 Cr
  • Others : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
27 Feb 2025 Canara Bank ₹8.00 M Open
28 Jun 2024 Others ₹1.42 M Open

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How Many Employees Work at Progressive Solar & Power Solutions?

Unlock and access historical data on people associated with Progressive Solar & Power Solutions, 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 Solar & Power Solutions, 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 Solar & Power Solutions'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 Solar & Power Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Progressive Solar & Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progressive Solar & Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur. was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 8.00 M with Charge ID 101072635 was registered on 27 Feb 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 1.42 M with Charge ID 100939093 was registered on 28 Jun 2024. was completed.

  • Director Appointment

    Progress on Sachin Singhvi was appointed as a Director was appointed as a Director on 08 Mar 2019 & has been associated with this company since 7 years 1 month . was documented.

  • Director Appointment

    The activity Darshna Singhvi was appointed as a Director was appointed as a Director on 08 Mar 2019 & has been associated with this company since 7 years 1 month . was completed.

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Frequently Asked Questions
What is the CIN of Progressive Solar & Power Solutions Private Limited?

The CIN of Progressive Solar & Power Solutions Private Limited is U74999RJ2019PTC064243.

Where is Progressive Solar & Power Solutions Private Limited headquartered?

Progressive Solar & Power Solutions Private Limited is headquartered at Singhvi Square, Cp 11, Lower Ground Madri Industrial Area, Near Ucci, Udaipur, Rajasthan, 313001.

When was Progressive Solar & Power Solutions Private Limited incorporated?

Progressive Solar & Power Solutions Private Limited was incorporated on 08 March 2019.

Who are the current directors of Progressive Solar & Power Solutions Private Limited?

The current directors of Progressive Solar & Power Solutions Private Limited are

What is the primary industry of Progressive Solar & Power Solutions Private Limited?

The primary industry of Progressive Solar & Power Solutions Private Limited is Trade.

Is Progressive Solar & Power Solutions Private Limited a listed company?

Progressive Solar & Power Solutions Private Limited is unlisted.

What is the capital structure of Progressive Solar & Power Solutions Private Limited?

The authorized capital of Progressive Solar & Power Solutions Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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