Progressive Meters Private Limited - Company overview

Progressive Meters is shown as "Under Liquidation" in MCA records.

2013-10-08 Kolkata, West Bengal Under Liquidation Unlisted Active 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
₹50–100 Cr
▼ -10.6%
FY 2019
PROFIT / LOSS
₹10–50 Lakh
▲ 91.0%
FY 2019
EBITDA
₹1–5 Cr
▲ 13.4%
FY 2019
NET WORTH
₹1–5 Cr
▲ 20.2%
FY 2019
TOTAL ASSETS
₹25–50 Cr
▲ 2.1%
FY 2019
EMPLOYEE COUNT
11–20
OPEN CHARGES
1
5.50 cr
PAID-UP CAPITAL
50.00 Lakh
AUTHORISED CAPITAL
50.00 Lakh
COMPANY AGE
13 Years 1 Months
since 2013-10-08
LAST FILING WITH ROC
2019-03-31
Last AGM: 2019-09-28
ACTIVE GST
2
Updated: 2023-02-24 05:59:54
TOTAL MONEY RAISED
₹50 Lakh–1 Cr
SATISFIED CHARGES
-
-

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

Health scores for Progressive Meters 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 Moderate
53/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (5), financial health (60), director (95) and company-foundation signals.
  • Operating for 13+ years.
Compliance Score High risk
5/100
Statutory filings, status and regulatory flags.
  • Company status is "Under Liquidation" (not Active).
  • Last balance sheet filed for Mar 2019 - filings look overdue.
Financial Health Score Moderate
60/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2019.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
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 Meters Company identity, industry, contact, and registration details from MCA and company records.

Progressive Meters is shown as "Under Liquidation" in MCA records. It was registered with ROC Kolkata on 8 October 2013 as a private limited company. The registered office is at Flat No. 2C, 2Nd Floor, Urvashi Apartments, 3 Hungerford Street, Kolkata, West Bengal.

In its MCA filings the main business is listed as computer, electronic, Communication and scientific measuring & control equipment, which made up 11.11% of turnover.

It has three directors: Kiran Devi Rajgarhia, Bela Rajgarhia and Rakesh Kumar Agarwal. The longest-serving is Bela Rajgarhia, on the board since 2019; the most recent to join is Rakesh Kumar Agarwal, appointed in August 2024. Two former directors are on record; the most recent to leave was Aditya Rajgarhia in December 2019. Between them, the directors also sit on the boards of 10 other companies, including Excel International Pvt. Ltd and P.R. Properties Pvt. Ltd..

Authorised and paid-up capital are both ₹50 lakh, so the full authorised amount has been issued. Its latest balance sheet on MCA is for the year ending 31 March 2019, and the last AGM was on 28 September 2019. One charge (secured loan) is still open, with Indian Overseas Bank among the lenders.

Energy and Power ••••••••
  • Location Flat No. 2C, 2Nd Floor, Urvashi Apartments, 3 Hungerford Street,, Kolkata, West Bengal - 700017
  • Website progressivemeters.com
Legal NameProgressive Meters Private Limited
CIN / LLPINU33111WB2013PTC197828
Company No.197828
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2013-10-08
Date of AGM2019-09-28
Date of Balance Sheet2019-03-31
Listing StatusUnlisted
ROC CodeRoc Kolkata
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Progressive Meters (3) Current board members from MCA filings, including designation and appointment details.

K
Kiran Devi Rajgarhia
Additional Director | Since 2019-12-02 | DIN: 08479351
B
Bela Rajgarhia
Director | Since 2019-05-27 | DIN: 02848044
R
Rakesh Kumar Agarwal
IRP/RP/Liquidator | Since 2024-08-23 | DIN: 00272843

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

Estimated bands · FY 2019
Revenue ₹50–100 Cr ▼ -10.6%
P&L ₹10–50 Lakh ▲ 91.0%
EBITDA ₹1–5 Cr ▲ 13.4%
Net worth ₹1–5 Cr ▲ 20.2%

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

Indian Overseas Bank : 5.50 cr
Open Charges: 1 Satisfied Charges: 0
Open 5.50 cr
Satisfied 0
LenderAmountStatus
Indian Overseas Bank
Creation Date: 27 Feb 2017
 5.50 cr Open

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

Activity GroupDescriptionTurnover %
ManufacturingComputer, electronic, Communication and scientific measuring & control equipment11.11
Support service to OrganizationsOther support services to organizations88.89

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

Board Overlap From MCA / Compliance Filings

Excel International Pvt. Ltd 2 Shared Directors
P.R. Properties Pvt. Ltd. 2 Shared Directors
Vikas Projects Pvt Ltd 2 Shared Directors
Agraj Exports Pvt Ltd 1 Shared Director
Blg Securities Private Limited 1 Shared Director
Blob Infotech Private Limited 1 Shared Director
Dhanlabh Commodities Trading Private Limited 1 Shared Director
Green Valley Energy Ventures Private Limited 1 Shared Director
Prachi Management Services Private Limited 1 Shared Director
Ultramine Pipetech Private Limited 1 Shared Director

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

6 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 Meters 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 Meters 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 Meters 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 Meters 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 Meters 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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Subsidiaries & Group Companies of Progressive Meters Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Progressive Meters 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 Meters Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Progressive Meters?
MCA does not publish an "owner" field. Progressive Meters is run by its directors, Kiran Devi Rajgarhia, Bela Rajgarhia and Rakesh Kumar Agarwal. 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 Meters?
Progressive Meters has three current directors: Kiran Devi Rajgarhia (since December 2019), Bela Rajgarhia (since May 2019) and Rakesh Kumar Agarwal (since August 2024).
What is CIN of Progressive Meters?
The CIN of Progressive Meters is U33111WB2013PTC197828. Reading it left to right: U means it is not listed, 33111 is the industry code it registered under, WB is West Bengal, 2013 is the year it was registered, PTC is the company type and 197828 is its registration number.
When was Progressive Meters incorporated?
Progressive Meters was incorporated on 8 October 2013 with ROC Kolkata. That makes it about 13 years old.
What is the registered address of Progressive Meters?
The registered office on MCA records is Flat No. 2C, 2Nd Floor, Urvashi Apartments, 3 Hungerford Street, Kolkata, West Bengal - 700017.
What is the current status of Progressive Meters?
MCA shows Progressive Meters as "Under Liquidation". It is being wound up, and a liquidator is selling its assets to pay creditors.
What is the contact number or email for Progressive Meters?
You can post to its registered office at Flat No. 2C, 2Nd Floor, Urvashi Apartments, 3 Hungerford Street, Kolkata, West Bengal - 700017 and use its website, https://progressivemeters.com.
What industry or business activity is Progressive Meters associated with?
Its MCA filings list the main business as computer, electronic, Communication and scientific measuring & control equipment (11.11% of turnover).
What is paid-up capital and authorised share capital of Progressive Meters?
Both authorised and paid-up capital are ₹50 lakh.
When did Progressive Meters last file accounts and hold an AGM?
The last AGM on record was on 28 September 2019, and the latest balance sheet is for the year ending 31 March 2019.
Where can I see charges and lenders for Progressive Meters?
One charge against Progressive Meters is still open. Lenders named in the filings include Indian Overseas Bank.
Have any directors left Progressive Meters?
Yes, two former directors are on record. The most recent to leave were Aditya Rajgarhia (December 2019) and Vikas Rajgarhia (May 2019).
Which companies share directors with Progressive Meters?
10 companies share directors with Progressive Meters. Among them are Excel International Pvt. Ltd, P.R. Properties Pvt. Ltd., Vikas Projects Pvt Ltd and 7 more.
What is the turnover or revenue of Progressive Meters?
Based on filed financial statements, the revenue of Progressive Meters for FY 2019 was in the ₹50–100 Cr range. That is down 10.6% 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 Meters?
For FY 2019, the net worth of Progressive Meters was in the ₹1–5 Cr range.
How can I get the financial details of Progressive Meters?
The latest accounts on record are for FY 2019. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Progressive Meters?
The website on record for Progressive Meters is https://progressivemeters.com.
Which company owns progressivemeters.com?
progressivemeters.com is the website listed for Progressive Meters Private Limited in its company records.
Progressive Meters - is it listed or unlisted?
Progressive Meters 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 Meters?
Progressive Meters is registered with ROC Kolkata.
What is the company classification of Progressive Meters?
MCA classifies Progressive Meters as: Private Limited Indian Non-Government Company.
Does Progressive Meters have subsidiaries?
Yes, one subsidiary is on record for Progressive Meters.
Does Progressive Meters have GST registrations on file?
Yes, 2 active GST registrations are linked to Progressive Meters, usually one per state it operates in.

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.