Progressive Finlease Limited (PFL) was set up in 12th January, 1995. It is a Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI) and is listed on Metropolitan Stock Company (NBFC) registered with Reserve Bank of India (RBI) and is listed on Metropolitan Stock Exchange (MSE). We take pride in recognizing the fact that in a short period of time we have made significant disbursements fuelling the economy and help build enterprises. As an organization, we think beyond business in every aspect of our existence. We are deeply committed to being responsible contributors to society. As a financial services group, offering a wide array of products and services and serving over a million clients, our mission is to "Empower the Investor". We are also involved proactively in community building. Through initiatives in the field of education, health, arts and women empowerment, we contribute towards building a stronger society. We believe in growth with a human face and in pursuing people-centric development. We are a socially committed organization and a socially responsible corporate citizen. The focus will be on initiatives that are people-centric with active community participation at all levels. At Progressive Finlease Limited, we are guided by a firm belief in people, their dreams, and their potential to achieve those dreams. Hence, our socially inclusive business model facilitates loans to customers based not on their current financial status, but their future earning capacity. This philosophy has instilled a sense of confidence in the minds of rural and semi-urban India – a confidence that allows them to believe that no dream is too big.
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Progressive Finlease Limited Outstanding Shares: |
8947000 |
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Face Value of Progressive Finlease Share: |
Rs. 10 Per Equity Share |
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ISIN of Progressive Finlease Limited Share: |
INE911R01014 |
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Lot Size of Progressive Finlease Share: |
100 |
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Progressive Finlease Share Price: |
Best In Industry |
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PAN Number of Progressive Finlease. : |
AAACP1321L |
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GST Number of Progressive Finlease. : |
-- |
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Progressive Finlease Limited CIN Number |
L65910DL1995PLC064310 |
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Progressive Finlease Limited Registration Date |
12 January 1995 |
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Category / Sub-Category of Progressive Finlease Limited |
Public Companies having a share capital |
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Progressive Finlease Limited Registered Office Address |
500, 5th Floor, ITL Twin Tower, Netaji Subhash Place, Pitampura, Delhi North Delhi DL 110034 IN. |
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Progressive Finlease Limited Registrar & Transfer Agent Address & Contact Details |
3A, Auckland Place, 7th Floor, Room No. 7A & 7B, Kolkata – 700017 |
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Director |
Post |
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Mr. Rajeev Jain |
Managing Director |
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Ms. Bhumika Chhabra |
Independent Director |
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Mr. Sanjay Mehra |
Non-Executive Director |
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Mr. Harshit Mehra |
Independent Director |
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Mr. Rupanshu Jain |
Non-Executive Director |
Category | No. of Shares | % of Shares held |
Promoters | - | - |
Public Shareholding | 89,47,000 | 100.00% |
Total | 89,47,000 | 100.00% |
FAQs on Progressive Finlease Ltd
Q: What is the face value of Progressive Finlease Ltd shares?
Answer: The face value of Progressive Finlease Ltd is ₹10 per equity share.
Q: What is the minimum lot size for buying Progressive Finlease shares through WWIPL?
Answer: The minimum lot size for Progressive Finlease shares is 100 equity shares.
Q: How can I buy Progressive Finlease unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy Progressive Finlease shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in Progressive Finlease Ltd a good idea?
Answer: Investors generally evaluate Progressive Finlease based on its NBFC business, lending operations, financial performance, and long-term growth potential. As an unlisted company, investors should also consider credit, regulatory, and liquidity risks.
Q: Why do investors buy Progressive Finlease shares before a potential IPO?
Answer: Investors seek early exposure to a financial services company that could benefit from expanding credit demand, business growth, and future value creation or listing opportunities.
Q: What business does Progressive Finlease Ltd operate in?
Answer: Progressive Finlease Ltd is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The company provides financial services and lending solutions, with a focus on empowering borrowers through credit and financial inclusion initiatives.
Q: What makes Progressive Finlease different from other unlisted NBFCs?
Answer: The company focuses on customer-centric lending and financial services, with an emphasis on supporting individuals and businesses through responsible financing while pursuing socially inclusive growth.
Q: What are the key growth drivers for Progressive Finlease Ltd?
Answer: Growth is driven by rising credit demand, expansion of lending operations, prudent risk management, financial inclusion initiatives, and efficient capital deployment.
Q: What factors affect the valuation of Progressive Finlease shares?
Answer: Valuation depends on loan book growth, asset quality, profitability, net worth, capital adequacy, regulatory compliance, and liquidity in the unlisted market.
Q: Are Progressive Finlease shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account and are available in NSDL and CDSL.
Q: Can I sell my Progressive Finlease shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.
Q: What documents are required to buy Progressive Finlease shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.
Q: What are the risks of investing in Progressive Finlease shares?
Answer: Investors should consider credit risk, borrower defaults, regulatory changes affecting NBFCs, economic slowdowns, asset quality concerns, and liquidity constraints associated with unlisted shares.
Q: How does WWIPL help investors track Progressive Finlease investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for Progressive Finlease shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.
Q: What should investors evaluate before investing in Progressive Finlease Ltd?
Answer: Investors should assess the company's financial performance, loan portfolio quality, asset quality, profitability, capital adequacy, valuation, and long-term growth prospects.
Q: Can Progressive Finlease benefit from India's growing financial services sector?
Answer: Yes. Increasing financial inclusion, rising demand for retail and business credit, digital lending adoption, and continued growth in India's financial services sector may create long-term opportunities for Progressive Finlease Ltd
