Progressive Services Ltd - Company overview

Registered with ROC Kolkata I on 18 August 1983, Progressive Services Ltd is an active public limited company that has been around for more …

1983-08-18 Kolkata, West Bengal Active 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
₹10–50 Lakh
▼ -29.7%
FY 2022
PROFIT / LOSS
Loss · Under ₹1 Lakh
▼ -102.4%
FY 2022
EBITDA
Loss · ₹10–50 Lakh
▲ 29.6%
FY 2022
NET WORTH
₹10–25 Cr
▼ 0.0%
FY 2022
TOTAL ASSETS
₹10–25 Cr
▲ 2.7%
FY 2022
OPEN CHARGES
1
15.00 Lakh
PAID-UP CAPITAL
1.99 cr
AUTHORISED CAPITAL
2.28 cr
COMPANY AGE
43 Years 2 Months
since 1983-08-18
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2024-12-19 13:45:04
TOTAL MONEY RAISED
₹50 Lakh–1 Cr
SATISFIED CHARGES
1
-

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

Health scores for Progressive Services Ltd 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
73/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (50), director (95) and company-foundation signals.
  • Operating for 43+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
50/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • 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 Services Ltd Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Kolkata I on 18 August 1983, Progressive Services Ltd is an active public limited company that has been around for more than 43 years. The registered office is at 53C Mirza Ghalib Street, Kolkata, West Bengal.

In its MCA filings the main business is listed as other financial activities, which made up 99.06% of turnover.

It has three directors: Ashok Kumar Jain, Hari Lal Mullick and Rishabh Jain. The longest-serving is Ashok Kumar Jain, on the board since 1986; the most recent to join is Rishabh Jain, appointed in February 2026. Ashok Kumar Jain is the managing director. Five former directors are on record; the most recent to leave was Mahua Chatterjee in November 2018. Between them, the directors also sit on the boards of 24 other companies, including Dudhoria Construction Co Ltd and Abhinav Vyapaar LLP.

₹1.99 crore of its ₹2.28 crore authorised capital is paid up (about 87%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. One charge (secured loan) is still open, with Hdfc Bank Limited among the lenders, and one more has been paid off.

Financial Services •••••••• ••••••••
  • Location 53C Mirza Ghalib Street, Kolkata, West Bengal - 700016
Legal NameProgressive Services Ltd
CIN / LLPINU51909WB1983PLC047820
Company No.047820
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1983-08-18
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Kolkata I
PAN
LEI Number
Active ComplianceActive Compliant

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

A
Ashok Kumar Jain
Managing Director | Since 1986-01-21 | DIN: 00663565
H
Hari Lal Mullick
Director | Since 2004-12-01 | DIN: 00663627
R
Rishabh Jain
Additional Director | Since 2026-02-10 | DIN: 06663369

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

Estimated bands · FY 2022
Revenue ₹10–50 Lakh ▼ -29.7%
P&L Loss · Under ₹1 Lakh ▼ -102.4%
EBITDA Loss · ₹10–50 Lakh ▲ 29.6%
Net worth ₹10–25 Cr ▼ 0.0%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

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

Others : 10.00 Lakh
Hdfc Bank Limited : 5.00 Lakh
Open Charges: 1 Satisfied Charges: 1
Open 15.00 Lakh
Satisfied 0
LenderAmountStatus
Others
Creation Date: 19 May 2023
 10.00 Lakh Closed
Hdfc Bank Limited
Creation Date: 02 Aug 2021
 5.00 Lakh Open

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

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities99.06

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

Board Overlap From MCA / Compliance Filings

Dudhoria Construction Co Ltd 2 Shared Directors
Abhinav Vyapaar Llp 1 Shared Director
Adinath Commercial Llp 1 Shared Director
Aishwarya Mercantile Llp 1 Shared Director
Akshay Commotrade Llp 1 Shared Director
Amanat Metal Trading Private Limited 1 Shared Director
Euphoria Greens Llp 1 Shared Director
Euphoria Greens Projects Llp 1 Shared Director
Euphoria Secret Garden Llp 1 Shared Director
Fantasy Commerce Llp 1 Shared Director
Fantasy Commerce Pvt Ltd 1 Shared Director
Fleetwood Commerce Llp 1 Shared Director
Hindusthan Club Ltd 1 Shared Director
Jaykumbh Marketing Pvt.Ltd. 1 Shared Director
Lagan Commercial Private Limited 1 Shared Director
Marrygold Tracon Pvt Ltd 1 Shared Director
Nissim Mercantile Pvt Ltd 1 Shared Director
Noyomika Commercial Llp 1 Shared Director
Rajdeep Commercial Llp 1 Shared Director
Ramnik Sales Pvt.Ltd. 1 Shared Director
Rowland Towers Private Limited 1 Shared Director
Surya Sakti Commercial Private Limited 1 Shared Director
Swastika Couture Llp 1 Shared Director
Thermowel Insulations And Packaging Private Limited 1 Shared Director

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

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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GST Compliance of Progressive Services Ltd 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

GST registrations and filing compliance require an active report plan.

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Credit Ratings, Litigation & Regulatory Alerts for Progressive Services Ltd Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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 Services Ltd 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 Services Ltd 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 Services Ltd Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Progressive Services Ltd?
MCA does not publish an "owner" field. Progressive Services Ltd is run by its directors, Ashok Kumar Jain, Hari Lal Mullick and Rishabh Jain, with Ashok Kumar Jain as managing director. 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 Services Ltd?
Progressive Services Ltd has three current directors: Ashok Kumar Jain (since January 1986), Hari Lal Mullick (since December 2004) and Rishabh Jain (since February 2026). Ashok Kumar Jain is the managing director.
What is CIN of Progressive Services Ltd?
The CIN of Progressive Services Ltd is U51909WB1983PLC047820. Reading it left to right: U means it is not listed, 51909 is the industry code it registered under, WB is West Bengal, 1983 is the year it was registered, PLC is the company type and 047820 is its registration number.
When was Progressive Services Ltd incorporated?
Progressive Services Ltd was incorporated on 18 August 1983 with ROC Kolkata I. That makes it more than 43 years old.
What is the registered address of Progressive Services Ltd?
The registered office on MCA records is 53C Mirza Ghalib Street, Kolkata, West Bengal - 700016.
What is the current status of Progressive Services Ltd?
MCA shows Progressive Services Ltd as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Progressive Services Ltd?
You can post to its registered office at 53C Mirza Ghalib Street, Kolkata, West Bengal - 700016.
What industry or business activity is Progressive Services Ltd associated with?
Its MCA filings list the main business as other financial activities (99.06% of turnover).
What is paid-up capital and authorised share capital of Progressive Services Ltd?
Paid-up capital is ₹1.99 crore and authorised capital is ₹2.28 crore, so about 87% of the authorised amount has been issued.
When did Progressive Services Ltd last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Progressive Services Ltd?
One charge against Progressive Services Ltd is still open and one has been satisfied. Lenders named in the filings include Hdfc Bank Limited.
Have any directors left Progressive Services Ltd?
Yes, five former directors are on record. The most recent to leave were Mahua Chatterjee (November 2018), Sanjay Atha (September 2015) and Kesto Lall Mullick (June 2015).
Which companies share directors with Progressive Services Ltd?
24 companies share directors with Progressive Services Ltd. Among them are Dudhoria Construction Co Ltd, Abhinav Vyapaar LLP, Adinath Commercial LLP and 21 more.
What is the turnover or revenue of Progressive Services Ltd?
Based on filed financial statements, the revenue of Progressive Services Ltd for FY 2022 was in the ₹10–50 Lakh range. That is down 29.7% 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 Services Ltd?
For FY 2022, the net worth of Progressive Services Ltd was in the ₹10–25 Cr range.
How can I get the financial details of Progressive Services Ltd?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Progressive Services Ltd - is it listed or unlisted?
Progressive Services Ltd 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 Services Ltd?
Progressive Services Ltd is registered with ROC Kolkata I.
What is the company classification of Progressive Services Ltd?
MCA classifies Progressive Services Ltd as: Public Limited Indian Non-Government Company.
Does Progressive Services Ltd have GST registrations on file?
Yes, one active GST registration is linked to Progressive Services Ltd.

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.