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
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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), Govind Lal Sharma (Cfo), Anusuiya Kotriwala (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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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
  • Paid Up Capital ₹ 5.04 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 3.55 Cr
  • Revenue Growth **** %
  • Profit Growth **** 5.30%
  • Ebitda **** 5.30%
  • Net Worth -1.08%
  • Total Assets -0.22%
Company report

Progressive Steels (India) Limited

Company Report FY 2026-2027

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
Govind Lal Sharma Cfo 15 Dec 2019 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

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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%.

Progressive Steels (India) revenue growth over time
Progressive Steels (India) 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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*******
*******
*******
*******
Revenue from Operations
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*******
*******
*******
*******
*******
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)
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

₹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
Deals i
Graph showing company valuation over time

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
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 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.

  • Balance Sheet

    Progress on Progressive Steels (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Patna. was documented.

  • Director Appointment

    Progress on 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 8 months . was documented.

  • Director Appointment

    The activity 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 6 months . was completed.

  • 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 6 months . was documented.

  • Director Appointment

    Progress on 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 9 months . was documented.

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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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