It is a manufacturing private limited company based in Hyderabad, Telangana, India, established in 1993.
1993 | Hyderabad, Telangana, India | ActiveProgressive Wires Pvt Ltd, a active private limited company, was established on 18 November 1993 in Hyderabad, Telangana, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U31300TG1993PTC016585. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.
It upholds a active non-compliant status. Its leadership includes Kowtha Abhishikt (Director), Naga Sairam Kowtha (Managing Director), Nikhil Kowtha (Director). Past directors included Kowtha Abhishikt, Kowtha Rohini Krishna, Venkatarama Murthy Mallela. It holds ₹4.09 Cr open charges and ₹4.17 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at 67 Prasanthnagar, Saktipuram Ida Kukatpally, Hyderabad, Telangana, 500037.
U31300TG1993PTC016585
016585
18 November 1993
₹5.00 M
₹5.00 M
Roc Hyderabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kowtha Abhishikt | Director | 03 May 2013 | Current |
| Naga Sairam Kowtha | Managing Director | 18 Nov 1993 | Current |
| Nikhil Kowtha | Director | 15 Jul 2015 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 26 Sep 2013 | Past |
| Pramod Abcsdd | Additional Director | 01 Mar 2014 | Past |
| Pramod Abcsdd | Director | 03 May 2013 | Past |
| Pramod Abcsdd | Director | 03 May 2013 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
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Progressive Wires Pvt Ltd, for the financial year ended 2016, experienced significant reduction in revenue, with a 17.47% decrease. The company also saw a substantial fall in profitability, with a 28.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.58%.
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In 2017, Progressive Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹40,949,888.00
₹41,668,410.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2018 | Others | ₹3.20 M | Open |
| 31 Jan 2018 | Others | ₹2.12 M | Open |
| 31 Jan 2018 | Others | ₹1.13 M | Open |
| 28 Dec 2015 | Syndicate Bank | ₹3.05 Cr | Open |
| 29 Dec 2001 | Stat Bank Of Hyderabad | ₹4.00 M | Open |
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The activity Progressive Wires Pvt Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was completed.
The activity Progressive Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad. was completed.
The activity A charge registered on 31 Jan 2018 via Charge ID 100174918 with Others was fully satisfied on 16 Nov 2018. was completed.
A charge with Others amounted to Rs. 3.20 M with Charge ID 100237108 was registered on 15 Oct 2018. was recorded as a recent event.
The activity A charge with Others amounted to Rs. 2.12 M with Charge ID 100174933 was registered on 31 Jan 2018. was completed.
The activity A charge with Others amounted to Rs. 1.13 M with Charge ID 100175058 was registered on 31 Jan 2018. was completed.
The CIN of Progressive Wires Pvt Ltd is U31300TG1993PTC016585.
Progressive Wires Pvt Ltd is headquartered at 67 Prasanthnagar, Saktipuram Ida Kukatpally, Hyderabad, Telangana, 500037.
Progressive Wires Pvt Ltd was incorporated on 18 November 1993.
The current directors of Progressive Wires Pvt Ltd are
The primary industry of Progressive Wires Pvt Ltd is Manufacturing.
Progressive Wires Pvt Ltd is unlisted.
The authorized capital of Progressive Wires Pvt Ltd is ₹5.00 M, and the paid-up capital is ₹5.00 M.
The compliance status of Progressive Wires Pvt Ltd is Active Non-Compliant.
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