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. Its 10 peer companies in the Information Technology industry (Database Management) are compared by revenue, 5 larger and 5 smaller; the largest is Sahithra Technical Consulting Private Limited with revenue of ₹79.72 Lakh.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030
- IndustryInformation Technology, Database Management & Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Progen Business Solutions Private Limited
Progen Business Solutions operates one associated brand: ProGen Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business intelligence platform for data integration and analytics is offered. | progenbusiness.com |
Business Activity of Progen Business Solutions Private Limited
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Progen Business Solutions Private Limited
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 of Progen Business Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 of Progen Business Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Progen Business Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Sharma | Director | 23 May 2008 | 18 Years 4 Months | Current |
| Pramila Sharma | Director | 25 Apr 2025 | 1 Years 5 Months | Current |
Peer Comparison of Progen Business Solutions Private Limited
Progen Business Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sahithra Technical Consulting Private Limited | ₹79.72 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Hyderabad, Telangana, India |
| Grandevana Enterprises Private Limited | ₹79.25 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Bhopal, Madhya Pradesh, India |
| Location BNK (India) Private Limited | ₹79.13 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Dataelicit Solutions Private Limited | ₹78.97 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Rajkot, Gujarat, India |
| Picode Systems Private Limited | ₹78.83 Lakh (FY 2025) | •••• | •••• | 113.0% | •••• | Bengaluru, Karnataka, India |
| Progen Business Solutions Private Limited this company | ₹78.79 Lakh (FY 2024) | •••• | •••• | 99.0% | •••• | New Delhi, Delhi, India |
| Kbtechnosoft Private Limited | ₹78.22 Lakh (FY 2025) | •••• | •••• | 15023.0% | •••• | Uttangarai, Tamil Nadu, India |
| Joyanto's It-Pro India Private Limited | ₹78.06 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Kolkata, West Bengal, India |
| Nut Graph LLP | ₹77.84 Lakh (FY 2020) | •••• | •••• | •••• | Delhi, India | |
| Digitalrein Private Limited | ₹76.26 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Alo Commercial Private Limited | ₹75.85 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Progen Business Solutions by revenue in the Information Technology industry (Database Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Progen Business Solutions Private Limited
Progen Business Solutions Private Limited is audited by NAYYAR & NAYYAR for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAYYAR & NAYYAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Progen Business Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Progen Business Solutions Private Limited
Progen Business Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Progen Business Solutions Private Limited
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.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2014 | Funding round | ₹60.7 Lakh | Investors: 4 individuals |
| Aug 2009 | Funding round | ₹78.1 Lakh | Investors: 4 individuals |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Progen Business Solutions Private Limited
Employment history and EPFO contributions of people linked to Progen Business Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Progen Business Solutions Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Progen Business Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Progen Business Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Progen Business Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Progen Business Solutions Private Limited
Progen Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCP1100Q1ZF | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progen Business Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Progen Business Solutions Private Limited
Frequently Asked Questions about Progen Business Solutions Private Limited
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 reported revenue of ₹78.79 Lakh for FY 2024 (up 99% YoY).
Progen Business Solutions has 2 current directors:
- Rahul Sharma - Director
- Pramila Sharma - Director
Progen Business Solutions reported a net profit of ₹15.43 Lakh (net margin 19.6%) and EBITDA of ₹9.13 Lakh (EBITDA margin 11.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progen Business Solutions is 13% over five years. In the latest year (FY 2024) revenue rose 99%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Progen Business Solutions by revenue are Sahithra Technical Consulting Private Limited, Grandevana Enterprises Private Limited, Location BNK (India) Private Limited, Dataelicit Solutions Private Limited, Picode Systems Private Limited and 5 more, all in the Information Technology industry (Database Management).
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.