About Progressive Steels (India) Limited
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Progressive Steels (India) Limited is a public limited company based in Patna, Bihar, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN L27100BR1986PLC002413. It is recorded as listed by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.04 Cr. It is led by directors including Anusuiya Kotriwala and Rohit Patwari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 315 Ashiana Hariniwas Complex Dak Bunglow Road, Patna, Bihar, India – 800001.
As per MCA filings, the company has satisfied charges of ₹3.55 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website progressivesteels.in.
Company details
CIN history
Progressive Steels (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27100BR1986PLC002413, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100BR1986PLC002413 | Current |
| U27100BR1986PLC002413 | Previous |
| L00330BR1986PLC002413 | Previous |
Contact details
Progressive Steels (India) Limited's registered office is in Patna, Bihar. Its website is progressivesteels.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address315 Ashiana Hariniwas Complex Dak Bunglow Road, Patna, Bihar, India – 800001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Progressive Steels (India) Limited, buy the company report.
- 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 Steels (India) Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Progressive Steels (India) Limited, buy the company report.
Board of directors of Progressive Steels (India) Limited
Progressive Steels (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anusuiya Kotriwala | Director | 30 Sep 2015 | 11 Years 1 Months | Current |
| Rohit Patwari Also directs: Ashiana Engicons Private Limited | Director | 06 Oct 1994 | 32 Years 1 Months | Current |
| Vishal Patwari Also directs: Jagdambaa Agro Krafts Private Limited, Nalanda Biscuit Company Limited, Horizon Engineers Private Limited and 4 more | Director | 01 Sep 2008 | 18 Years 2 Months | Current |
| Nirmal Kant Gupta Also directs: Ambe Maintenance Services LLP, Ambe Infra Developer LLP, Ambe Agro Industries Private Limited and 5 more | Director | 16 Nov 1987 | 38 Years 11 Months | Current |
Auditor
Progressive Steels (India) Limited is audited by MURMURIA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURMURIA AND ASSOCIATES | FY 2023 | 316188E |
Shareholding
The shareholding of Progressive Steels (India) Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Progressive Steels (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 1993 | 90264516 | State Bank of India | ₹3.55 Cr | Satisfied |
To see the full charge records of Progressive Steels (India) Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Progressive Steels (India) Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Steels (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progressive Steels (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Steels (India) Limited has 9 board changes on record since 1987: 7 appointments and 2 cessations. The latest: Raj Kumar Patwari ceased to be Managing Director on 20 May 2021.
3 earlier events are in the company report.
Frequently asked questions
Progressive Steels (India) is an active public limited company based in Patna, Bihar, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 August 1986 (40+ years old) and is registered under CIN L27100BR1986PLC002413.
Progressive Steels (India) has 4 current directors:
- Anusuiya Kotriwala - Director
- Rohit Patwari - Director
- Vishal Patwari - Director
- Nirmal Kant Gupta - Director
The latest financial statements of Progressive Steels (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Progressive Steels (India) is L27100BR1986PLC002413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Steels (India) is recorded as a listed company by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
Progressive Steels (India) was incorporated on 26 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Patna.
Raj Kumar Patwari ceased to be Managing Director on 20 May 2021. Govind Lal Sharma was appointed as CFO on 15 Dec 2019. Anusuiya Kotriwala was appointed as Director on 30 Sep 2015. Progressive Steels (India) has 9 board changes on record in total.
Progressive Steels (India) can be reached through the website progressivesteels.in. Its registered office is in Patna, Bihar, India.
The registered office of Progressive Steels (India) is at 315 Ashiana Hariniwas Complex Dak Bunglow Road, Patna, Bihar, India – 800001.
Progressive Steels (India) operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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