Progen Business Solutions Private Limited

Progen Business Solutions Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74900DL2008PTC178550 Incorporated 23 May 2008 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Revenue · FY 2024
₹78.79 Lakh
▲ 99% YoY
Net profit · FY 2024
₹15.43 Lakh
Net margin 19.6%
EBITDA · FY 2024
₹9.13 Lakh
EBITDA margin 11.6%
Authorised capital
₹85 Lakh
Registered with MCA
Paid-up capital
₹82.12 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Progen Business Solutions Private Limited

Data last updated:

Progen Business Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 23 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2008PTC178550. Its GSTIN is 36AAFCP1100Q1ZF (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹82.12 Lakh. It is led by directors Rahul Sharma and Pramila Sharma.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030.

As per the financials filed for FY 2024, the company reported a revenue of ₹78.79 Lakh, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹15.43 Lakh (net margin 19.6%) and EBITDA of ₹9.13 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.

The company is associated with 1 brand: ProGen Business Solutions. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.39 Cr; the latest was in March 2014.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progenbusiness.com.

Company details

CIN U74900DL2008PTC178550
Registration Number 178550
Incorporation Date 23 May 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Progen Business Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is progenbusiness.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030
  • Industry
    Information Technology, Database Management & Solutions

To see the full contact details of Progen Business Solutions Private Limited, buy the company report.

Comprehensive company report
Progen Business Solutions Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Progen Business Solutions operates one associated brand: ProGen Business Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Business intelligence platform for data integration and analytics is offered.progenbusiness.com

Business activity

The main business activity of Progen Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Progen Business Solutions Private Limited, buy the company report.

Financials of Progen Business Solutions Private Limited

FY 2025 filings available

Progen Business Solutions Private Limited reported revenue of ₹78.79 Lakh (up 99% YoY) for FY 2024.

Revenue · FY 2024
₹78.79 Lakh ▲ 99%
Net profit · FY 2024
₹15.43 Lakh margin 19.6%
EBITDA · FY 2024
₹9.13 Lakh margin 11.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 99%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 183%
5 years · compounded
▼ 2%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 99% growth in the latest year. EBITDA rose 183% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.43 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.6%
Net Profit Margin19.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Progen Business Solutions Private Limited, buy the company report.

Board of directors of Progen Business Solutions Private Limited

Progen Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rahul SharmaDirector23 May 200818 Years 5 MonthsCurrent
Pramila SharmaDirector25 Apr 20251 Years 6 MonthsCurrent

Auditor

Progen Business Solutions Private Limited is audited by NAYYAR & NAYYAR for the financial year 2018.

Auditor firmFinancial yearFirm registration number
NAYYAR & NAYYARFY 2018001237N

Shareholding

The shareholding of Progen Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Progen Business Solutions Private Limited, buy the company report.

Deals & funding

Progen Business Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.39 Cr; the latest was in March 2014.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.39 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2014Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2014Funding round₹60.7 LakhInvestors: 4 individuals
Aug 2009Funding round₹78.1 LakhInvestors: 4 individuals
Apr 2009Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Progen Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Progen Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AAFCP1100Q1ZFTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Progen Business Solutions Private Limited, buy the company report.

Recent activity

Progen Business Solutions Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Pramila Sharma was appointed as Director on 25 Apr 2025.

AGM
Progen Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Pramila Sharma was appointed as Director.
Ceased
Jitendra Kumar Sharma ceased to be Director.
Filing
Progen Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Amit Chandak ceased to be Director.
Appointed
Jitendra Kumar Sharma was appointed as Director.
Appointed
Rahul Sharma was appointed as Director.
Incorporation
23 May 2008
Progen Business Solutions Private Limited was registered on 23 May 2008 with Roc Delhi & aged 18 years 5 months as per MCA records.

Frequently asked questions

Progen Business Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 23 May 2008 (18+ years old) and is registered under CIN U74900DL2008PTC178550.

Progen Business Solutions has 2 current directors:

The latest financial statements of Progen Business Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Progen Business Solutions is 36AAFCP1100Q1ZF, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Progen Business Solutions is U74900DL2008PTC178550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Progen Business Solutions was incorporated on 23 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.

Progen Business Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.39 Cr; the latest was in March 2014.

Pramila Sharma was appointed as Director on 25 Apr 2025. Jitendra Kumar Sharma ceased to be Director on 04 Apr 2025. Amit Chandak ceased to be Director on 09 Jul 2019. Progen Business Solutions has 5 board changes on record in total.

Progen Business Solutions can be reached through the website progenbusiness.com. Its registered office is in New Delhi, Delhi, India.

The registered office of Progen Business Solutions is at 55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030.