Progressive Wires Pvt Ltd
About Progressive Wires Pvt Ltd
Data last updated: 24 February 2026
Progressive Wires Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It specialises in cable and wire, a part of the broader manufacturing sector. Incorporated on 18 November 1993, the company has been in operation for over 33 years.
Registered with ROC Hyderabad under CIN U31300TG1993PTC016585.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Kowtha Abhishikt and Naga Sairam Kowtha.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: 67 Prasanthnagar Saktipuram Ida Kukatpally, Hyderabad, Telangana, India – 500037.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.78 Lakh, a decline of 60% compared to the previous year.
As per MCA filings, the company has open charges of ₹4.09 Cr and satisfied charges of ₹4.17 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered Address67 Prasanthnagar Saktipuram Ida Kukatpally, Hyderabad, Telangana, India – 500037
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IndustryManufacturing, Cable & Wire
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Progressive Wires Pvt Ltd
Progressive Wires Pvt Ltd has one previous CIN (Corporate Identification Number): U31300AP1993PTC016585. The current CIN is U31300TG1993PTC016585, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300TG1993PTC016585 | Current |
| U31300AP1993PTC016585 | Previous |
Business Activity of Progressive Wires Pvt Ltd
Progressive Wires Pvt Ltd is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Progressive Wires Pvt Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Progressive Wires Pvt Ltd
Progressive Wires Pvt Ltd is audited by KARUMANCHI & ASSOCIATES for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARUMANCHI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Progressive Wires Pvt Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Progressive Wires Pvt Ltd
Progressive Wires Pvt Ltd is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Kowtha Abhishikt
Also directs:
Progressive Wires Pvt Ltd
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Director | 03 May 2013 | 13 Years 2 Months | Current |
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Naga Sairam Kowtha
Also directs:
Progressive Wires Pvt Ltd
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Managing Director | 18 Nov 1993 | 32 Years 8 Months | Current |
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Nikhil Kowtha
Also directs:
Progressive Wires Pvt Ltd
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Director | 15 Jul 2015 | 11 Years 0 Months | Current |
Financials of Progressive Wires Pvt Ltd FY 2022 filings available
Progressive Wires Pvt Ltd reported revenue of ₹58.78 Lakh (down 60.00% YoY) for FY 2022.
Ten-year financial statements for Progressive Wires Pvt Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Progressive Wires Pvt Ltd
Shareholding and ownership data for Progressive Wires Pvt Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Progressive Wires Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2018 | Others | ₹32 Lakh | Open |
| 31 Jan 2018 | Others | ₹21.2 Lakh | Open |
| 31 Jan 2018 | Others | ₹11.3 Lakh | Open |
| 28 Dec 2015 | Syndicate Bank | ₹3.05 Cr | Open |
| 29 Dec 2001 | Stat Bank of Hyderabad | ₹40 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Progressive Wires Pvt Ltd
View historical data on people associated with Progressive Wires Pvt Ltd, including employment history and EPFO contributions.
Employee and EPFO history for Progressive Wires Pvt Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Progressive Wires Pvt Ltd
GST registrations and filing compliance for Progressive Wires Pvt Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Progressive Wires Pvt Ltd
Credit ratings, litigation, and regulatory alerts for Progressive Wires Pvt Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Progressive Wires Pvt Ltd
MSME payment history for Progressive Wires Pvt Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Progressive Wires Pvt Ltd
Corporate group structure for Progressive Wires Pvt Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Progressive Wires Pvt Ltd
MCA filings and documents for Progressive Wires Pvt Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Progressive Wires Pvt Ltd
Frequently Asked Questions about Progressive Wires Pvt Ltd
Progressive Wires Pvt Ltd is an active private limited company in the manufacturing sector based in Hyderabad, Telangana, India. It was incorporated on 18 November 1993 (33+ years old) and is registered under CIN U31300TG1993PTC016585.
Progressive Wires Pvt Ltd reported revenue of ₹58.78 Lakh for FY 2022 (down 60.00% YoY).
The current directors of Progressive Wires Pvt Ltd are:
- Kowtha Abhishikt - Director
- Naga Sairam Kowtha - Managing Director
- Nikhil Kowtha - Director
The primary industry of Progressive Wires Pvt Ltd is manufacturing. The company specifically operates in cable and wire. The company is currently active in this sector.
Progressive Wires Pvt Ltd can be reached at the registered office: 67 Prasanthnagar Saktipuram Ida Kukatpally, Hyderabad, Telangana, India – 500037.
The authorised capital is ₹50 Lakh, and the paid-up capital is ₹50 Lakh.