Progressive Steels (India) Limited - Company Profile

It is a metals and minerals public limited company based in Patna, Bihar, India, established in 1986.

1986 Patna, Bihar, India Active

Last Updated: December 30, 2025

About Progressive Steels (India) Limited

Progressive Steels (India) Limited, a active public limited company, was established on 26 August 1986 in Patna, Bihar, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L27100BR1986PLC002413. Registered under ROC Roc Patna. it is listed. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.04 Cr.

It upholds a active non-compliant status. Its leadership includes Rohit Patwari (Director), Anusuiya Kotriwala (Director), Vishal Patwari (Director). Past directors included Varsha Singh, Raj Kumar Patwari, Pushpa Kumari. It holds no open charges and ₹3.55 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 315, Ashiana Hariniwas Complex, Dak Bunglow Road,, Patna, Bihar, 800001.

Company Details

CIN/LLPIN
L27100BR1986PLC002413
Registration Number
002413
Incorporation Date
26 August 1986
Authorized Capital
₹6.00 Cr
Paid-Up Capital
₹5.04 Cr
ROC Code
Roc Patna
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.00 Cr as on 30-12-2025
Paid Up Capital ₹ 5.04 Cr as on 30-12-2025
Company Age 39 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 3.55 Cr as on 30-12-2025
Revenue Growth **** % (FY 2023)
Profit Growth **** 5.30% (FY 2023)
Ebitda **** 5.30% (FY 2023)
Net Worth -1.08% (FY 2023)
Total Assets -0.22% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Progressive Steels (India) 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 Steels (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rohit Patwari	Director	06 Oct 1994	Current
Anusuiya Kotriwala	Director	30 Sep 2015	Current
Vishal Patwari	Director	01 Sep 2008	Current
Nirmal Kant Gupta	Director	16 Nov 1987	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Managing Director	20 May 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Cfo	-	Past

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Financial Performance of Progressive Steels (India).

Progressive Steels (India) Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 5.3% increase in profit. The company's net worth dipped by a decrease of 1.08%.

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

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

-0.22%

*******

Profit or Loss

*******

5.30%

*******

Net Worth

*******

-1.08%

*******

EBITDA

*******

5.30%

*******

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What is the Ownership and Shareholding Structure of Progressive Steels (India)?

In 2023, Progressive Steels (India) had a promoter holding of 3.06% and a public holding of 96.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹35,500,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 3.55 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Mar 1993	State Bank Of India	₹3.55 Cr	Satisfied

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How Many Employees Work at Progressive Steels (India)?

Unlock and access historical data on people associated with Progressive Steels (India), 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Progressive Steels (India), 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 Steels (India)'s trajectory.

Rating

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

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 Steels (India)

Recent Activity within the Organization

Annual General Meeting

The activity Progressive Steels (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

The activity Progressive Steels (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Patna. was completed.
31 Mar 2025
Director Appointment

The activity Akanksha was appointed as a Company Secretary was appointed as a Company Secretary on 04 Oct 2021 & has been associated with this company since 4 years 4 months . was completed.
04 Oct 2021
Director Appointment

Progress on Govind Lal Sharma was appointed as a CFO was appointed as a CFO on 15 Dec 2019 & has been associated with this company since 6 years 2 months . was documented.
15 Dec 2019
Director Appointment

The activity Anusuiya Kotriwala was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 4 months . was completed.
30 Sep 2015
Charges

The activity A charge registered on 25 Mar 1993 via Charge ID 90264516 with State Bank Of India was fully satisfied on 15 Dec 2009. was completed.
15 Dec 2009

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Frequently Asked Questions

What is the CIN of Progressive Steels (India) Limited?

The CIN of Progressive Steels (India) Limited is L27100BR1986PLC002413.

Where is Progressive Steels (India) Limited headquartered?

Progressive Steels (India) Limited is headquartered at 315, Ashiana Hariniwas Complex, Dak Bunglow Road,, Patna, Bihar, 800001.

When was Progressive Steels (India) Limited incorporated?

Progressive Steels (India) Limited was incorporated on 26 August 1986.

Who are the current directors of Progressive Steels (India) Limited?

The current directors of Progressive Steels (India) Limited are

What is the primary industry of Progressive Steels (India) Limited?

The primary industry of Progressive Steels (India) Limited is Manufacturing.

Is Progressive Steels (India) Limited a listed company?

Progressive Steels (India) Limited is listed.

What is the capital structure of Progressive Steels (India) Limited?

The authorized capital of Progressive Steels (India) Limited is ₹6.00 Cr, and the paid-up capital is ₹5.04 Cr.

What is the compliance status of Progressive Steels (India) Limited?

The compliance status of Progressive Steels (India) Limited is Active Non-Compliant.

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