Progressive Commodeal Private Limited
About Progressive Commodeal Private Limited
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Progressive Commodeal Private Limited is a private limited company based in Swarup Nagar, Uttar Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2007PTC233657.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.58 Cr. It is led by directors Rasika Harkishandas Sanghavi and Charu Katyyal.
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 Swarup Nagar, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.09 Lakh (net margin 83.5%) and EBITDA of ₹17.09 Lakh (EBITDA margin 83.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Progressive Commodeal has one previous CIN (Corporate Identification Number): U51909WB2007PTC118420. The current CIN is U51909UP2007PTC233657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909UP2007PTC233657 | Current |
| U51909WB2007PTC118420 | Previous |
Contact details
Progressive Commodeal Private Limited's registered office is in Swarup Nagar, Uttar Pradesh.
- Registered Address7/192C Swaroop Nagar, Kanpur, Swarup Nagar, Uttar Pradesh, India – 208002
- IndustryFinancial Services, Brokerage & Trading Services
- 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
Business activity
The main business activity of Progressive Commodeal is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Progressive Commodeal Private Limited, buy the company report.
Financials of Progressive Commodeal Private Limited
FY 2025 filings availableProgressive Commodeal Private Limited reported revenue of ₹20.46 Lakh (up 1812% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.09 Lakh | ||||
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| Net Profit (PAT) | ₹17.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 83.5% | ||||
| Net Profit Margin | 83.5% | ||||
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To see the full financial statements and ratios of Progressive Commodeal Private Limited, buy the company report.
Board of directors of Progressive Commodeal Private Limited
Progressive Commodeal has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasika Harkishandas Sanghavi Also directs: Swift Tracom Private Limited, Kuber Trexim Pvt Ltd, Roplas Dealcomm Pvt Ltd and 5 more | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Charu Katyyal Also directs: Tirupati Commodeal Private Limited, Novelty Commodities Private Limited, Clothwari Roadlines LLP and 5 more | Director | 12 Dec 2015 | 10 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Progressive Commodeal Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Commodeal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progressive Commodeal Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Commodeal Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Rasika Harkishandas Sanghavi was appointed as Director on 13 Sep 2017.
Frequently asked questions
Progressive Commodeal is an active private limited company based in Swarup Nagar, Uttar Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 September 2007 (19+ years old) and is registered under CIN U51909UP2007PTC233657.
Progressive Commodeal has 2 current directors:
- Rasika Harkishandas Sanghavi - Director
- Charu Katyyal - Director
The latest financial statements of Progressive Commodeal 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 CIN (Corporate Identification Number) of Progressive Commodeal is U51909UP2007PTC233657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Commodeal was incorporated on 07 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kanpur.
Rasika Harkishandas Sanghavi was appointed as Director on 13 Sep 2017. Yogesh Kumar ceased to be Director on 13 Sep 2017. Tanmoy Dutta ceased to be Director on 16 Mar 2017. Progressive Commodeal has 8 board changes on record in total.
The registered office of Progressive Commodeal is at 7192C Swaroop Nagar, Kanpur, Swarup Nagar, Uttar Pradesh, India – 208002.
Progressive Commodeal operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Progressive Commodeal is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.
Progressive Commodeal can be reached at its registered office: 7192C Swaroop Nagar, Kanpur, Swarup Nagar, Uttar Pradesh, India – 208002.