Progressive Exim Limited - Company overview

Progressive Exim Limited was incorporated on 14 September 1998 and is registered with ROC Chhattisgarh.

1998-09-14 Raipur, Chattisgarh Active Unlisted Active Non-Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -12.4%
FY 2018
PROFIT / LOSS
₹1–10 Lakh
▼ -87.9%
FY 2018
EBITDA
₹1–5 Cr
▼ -6.5%
FY 2018
NET WORTH
₹10–25 Cr
▲ 0.2%
FY 2018
TOTAL ASSETS
₹50–100 Cr
▲ 4.7%
FY 2018
EMPLOYEE COUNT
21–30
OPEN CHARGES
3
-
PAID-UP CAPITAL
3.27 cr
AUTHORISED CAPITAL
3.30 cr
COMPANY AGE
28 Years 1 Months
since 1998-09-14
LAST FILING WITH ROC
2018-03-31
Last AGM: 2018-12-31
ACTIVE GST
1
Updated: 2024-07-13 06:24:47
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
12
61.88 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Progressive Exim Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
47/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (11), financial health (60), director (55) and company-foundation signals.
  • Operating for 28+ years.
Compliance Score High risk
11/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A not filed).
Financial Health Score Moderate
60/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2018.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • Director MAHENDRA KUMAR SHRISHRIMAL has DIN status "Disqualified by RoC u/s 164(2)".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Progressive Exim Limited Company identity, industry, contact, and registration details from MCA and company records.

Progressive Exim Limited was incorporated on 14 September 1998 and is registered with ROC Chhattisgarh. It is an active public limited company, now more than 28 years old. Its registered office is at Shanti Sada 1-Maidan Pathchoubey Colony, Raipur, Chattisgarh.

Its filings describe the main line of business as other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, which made up 99.86% of turnover.

It has five directors: Mahendra Kumar Shrishrimal, Kusum Devi Shrishrimal, Amit Kumar Shrishrimal and 2 others. The longest-serving is Sandeep Shrishrimal, on the board since 1998; the most recent to join is Shankar Lal Beldar, appointed in June 2020. No director has left so far. Between them, the directors also sit on the boards of 3 other companies, including Mapss Fats And Proteins Private Limited and As Nutra Tech Private Limited.

Paid-up capital stands at ₹3.27 crore out of ₹3.3 crore authorised. The last AGM on record was on 31 December 2018, for accounts made up to 31 March 2018. Nothing newer than 2018 shows up here, so it is worth checking the MCA portal for later filings. Three charges (secured loans) are still open, with Reliance Capital Ltd and Tata Capital Financial Services Limited among the lenders, and 12 more have been paid off.

Food and Beverages ••••••••
  • Location Shanti Sada 1-Maidan Pathchoubey Colony,, Raipur, Chattisgarh - 492001
Legal NameProgressive Exim Limited
CIN / LLPINU51101CT1998PLC013060
Company No.013060
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1998-09-14
Date of AGM2018-12-31
Date of Balance Sheet2018-03-31
Listing StatusUnlisted
ROC CodeRoc Chhattisgarh
Credit RatingD (Care)
PAN
LEI Number
Active ComplianceActive Non-Compliant

Current Directors of Progressive Exim Limited (5) Current board members from MCA filings, including designation and appointment details.

M
Mahendra Kumar Shrishrimal
Director | Since 2018-07-18 | DIN: 02525859
K
Kusum Devi Shrishrimal
Additional Director | Since 2020-06-05 | DIN: 02395886
A
Amit Kumar Shrishrimal
Director | Since 2000-02-11 | DIN: 01323651
S
Shankar Lal Beldar
Additional Director | Since 2020-06-05 | DIN: 08750357
S
Sandeep Shrishrimal
Director | Since 1998-09-14 | DIN: 01494193

Financial Performance of Progressive Exim Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2018
Revenue ₹100–500 Cr ▼ -12.4%
P&L ₹1–10 Lakh ▼ -87.9%
EBITDA ₹1–5 Cr ▼ -6.5%
Net worth ₹10–25 Cr ▲ 0.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Progressive Exim Limited Open and satisfied charges registered against the company with MCA.

Idbi Bank : 35.50 cr
Idbi Bank Limited : 9.92 cr
Tata Capital Financial Services Limited : 1.33 cr
Reliance Capital Ltd : 85.59 Lakh
Open Charges: 3 Satisfied Charges: 12
Open -
Satisfied 61.88 cr
LenderAmountStatus
Reliance Capital Ltd
Creation Date: 31 Jan 2014
 85.59 Lakh Open
Tata Capital Financial Services Limited
Creation Date: 05 Feb 2013
 1.33 cr Open
Idbi Bank
Creation Date: 09 Aug 2010
 35.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingOther manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities99.86

Companies With Common Directors Of Progressive Exim Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Mapss Fats And Proteins Private Limited 2 Shared Directors
As Nutra Tech Private Limited 1 Shared Director
Progressive Agrotech Private Limited 1 Shared Director

Financial Ratios of Progressive Exim Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

5 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Progressive Exim Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

4 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Progressive Exim Limited EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Progressive Exim Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

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 Exim Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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 Exim Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

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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MCA Filings & Documents of Progressive Exim Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

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

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Frequently Asked Questions about Progressive Exim Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Progressive Exim Limited?
MCA does not publish an "owner" field. Progressive Exim Limited is run by its directors, Mahendra Kumar Shrishrimal, Kusum Devi Shrishrimal, Amit Kumar Shrishrimal and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Progressive Exim Limited?
Progressive Exim Limited has five current directors: Mahendra Kumar Shrishrimal (since July 2018), Kusum Devi Shrishrimal (since June 2020), Amit Kumar Shrishrimal (since February 2000), Shankar Lal Beldar (since June 2020) and Sandeep Shrishrimal (since September 1998).
What is CIN of Progressive Exim Limited?
The CIN of Progressive Exim Limited is U51101CT1998PLC013060. Reading it left to right: U means it is not listed, 51101 is the industry code it registered under, CT is Chhattisgarh, 1998 is the year it was registered, PLC is the company type and 013060 is its registration number.
When was Progressive Exim Limited incorporated?
Progressive Exim Limited was incorporated on 14 September 1998 with ROC Chhattisgarh. That makes it more than 28 years old.
What is the registered address of Progressive Exim Limited?
The registered office on MCA records is Shanti Sada 1-Maidan Pathchoubey Colony, Raipur, Chattisgarh - 492001.
What is the current status of Progressive Exim Limited?
MCA shows Progressive Exim Limited as Active, and its last AGM on record was in December 2018.
What is the contact number or email for Progressive Exim Limited?
You can post to its registered office at Shanti Sada 1-Maidan Pathchoubey Colony, Raipur, Chattisgarh - 492001.
What industry or business activity is Progressive Exim Limited associated with?
Its MCA filings list the main business as other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities (99.86% of turnover).
What is paid-up capital and authorised share capital of Progressive Exim Limited?
Paid-up capital is ₹3.27 crore and authorised capital is ₹3.3 crore, so about 99% of the authorised amount has been issued.
When did Progressive Exim Limited last file accounts and hold an AGM?
The last AGM on record was on 31 December 2018, and the latest balance sheet is for the year ending 31 March 2018. Nothing newer than 2018 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Progressive Exim Limited?
Three charges against Progressive Exim Limited are still open and 12 have been satisfied. Lenders named in the filings include Reliance Capital Ltd, Tata Capital Financial Services Limited and Idbi Bank.
Have any directors left Progressive Exim Limited?
No. MCA shows no former directors, so everyone appointed so far is still on the board.
Which companies share directors with Progressive Exim Limited?
3 companies share directors with Progressive Exim Limited: Mapss Fats And Proteins Private Limited, As Nutra Tech Private Limited and Progressive Agrotech Private Limited.
What is the turnover or revenue of Progressive Exim Limited?
Based on filed financial statements, the revenue of Progressive Exim Limited for FY 2018 was in the ₹100–500 Cr range. That is down 12.4% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Progressive Exim Limited?
For FY 2018, the net worth of Progressive Exim Limited was in the ₹10–25 Cr range.
How can I get the financial details of Progressive Exim Limited?
The latest accounts on record are for FY 2018. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Progressive Exim Limited - is it listed or unlisted?
Progressive Exim Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Progressive Exim Limited?
Progressive Exim Limited is registered with ROC Chhattisgarh.
What is the company classification of Progressive Exim Limited?
MCA classifies Progressive Exim Limited as: Public Limited Indian Non-Government Company.
Does Progressive Exim Limited have GST registrations on file?
Yes, one active GST registration is linked to Progressive Exim Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.