About Progressive Comtrade Private Limited
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Progressive Comtrade Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Progressive Share Brokers Private Limited. It operates in the financial brokerage segment of the financial services sector. It was incorporated on 18 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1995PTC175275. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹58.97 Lakh. It was formerly known as Himshikha Agro Products Private Limited. It is led by director Aditya Anil Gaggar (Managing Director).
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 122 – 123 – 124 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Cr (net margin 83.5%) and EBITDA of ₹2.04 Cr (EBITDA margin 98.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 14% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressiveshares.com.
Company details
CIN history
Progressive Comtrade has one previous CIN (Corporate Identification Number): U74899DL1995PTC064496. The current CIN is U74899MH1995PTC175275, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1995PTC175275 | Current |
| U74899DL1995PTC064496 | Previous |
Contact details
Progressive Comtrade Private Limited's registered office is in Mumbai, Maharashtra. Its website is progressiveshares.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address122 – 123 – 124 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of Progressive Comtrade Private Limited, buy the company report.
- 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 Comtrade is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Progressive Comtrade Private Limited, buy the company report.
Financials of Progressive Comtrade Private Limited
FY 2025 filings availableProgressive Comtrade Private Limited reported revenue of ₹2.08 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 17% growth in the latest year. EBITDA rose 23% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.04 Cr | ||||
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| Net Profit (PAT) | ₹1.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.1% | ||||
| Net Profit Margin | 83.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Progressive Comtrade Private Limited, buy the company report.
Board of directors of Progressive Comtrade Private Limited
Progressive Comtrade has 1 current director and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Anil Gaggar | Managing Director | 15 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Progressive Comtrade Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mlam Investech Private Limited | ₹2.09 Cr (FY 2025) | 79.0% | New Delhi, Delhi, India | |||
| Accredit Distributors Pvt Ltd | ₹2.09 Cr (FY 2025) | 62.0% | Kolkata, West Bengal, India | |||
| Sumeet Brokerage and Securities Private Limited | ₹2.09 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Jenyu-Fin Solutions Private Limited | ₹2.08 Cr (FY 2025) | 70.0% | Bangalore, Karnataka, India | |||
| Samraksh Enterprise Private Limited | ₹2.08 Cr (FY 2025) | 280.0% | Navi Mumbai, Maharashtra, India | |||
| Progressive Comtrade Private Limitedthis company | ₹2.08 Cr (FY 2025) | ₹1.74 Cr | 83.5% | 17.0% | 1 | Mumbai, Maharashtra, India |
| Raghuvir Sales Pvt Ltd | ₹2.08 Cr (FY 2025) | 124.0% | Kolkata, West Bengal, India | |||
| Trimplex Marketing Pvt Ltd | ₹2.08 Cr (FY 2025) | 110.0% | Kolkata, West Bengal, India | |||
| V.P. Consultants Private Limited | ₹2.08 Cr (FY 2025) | -57.0% | New Delhi, Delhi, India | |||
| Pittie Finvest Private Limited | ₹2.07 Cr (FY 2025) | 54.0% | Mumbai, Maharashtra, India | |||
| Avh Resources India Private Limited | ₹2.07 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Progressive Comtrade Private Limited, buy the company report.
Auditor
Progressive Comtrade Private Limited is audited by SIGMAC & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIGMAC & CO | FY 2023 | 116351W |
Shareholding
The shareholding of Progressive Comtrade Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Comtrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Comtrade 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 Comtrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progressive Comtrade Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 1 |
GST
Progressive Comtrade has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Progressive Comtrade Private Limited, buy the company report.
Recent activity
Progressive Comtrade Private Limited has 4 board changes on record since 2014: 1 appointment and 3 cessations. The latest: Aditya Anil Gaggar ceased to be Director on 30 Nov 2025.
Frequently asked questions
Progressive Comtrade is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial brokerage, within the financial services industry. It was incorporated on 18 January 1995 (31+ years old) and is registered under CIN U74899MH1995PTC175275.
Progressive Comtrade has 1 current director:
- Aditya Anil Gaggar - Managing Director
The latest financial statements of Progressive Comtrade 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.
No. Progressive Comtrade has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Progressive Comtrade is U74899MH1995PTC175275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Comtrade was incorporated on 18 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progressive Comtrade by revenue are Mlam Investech Private Limited, Accredit Distributors Pvt Ltd, Sumeet Brokerage and Securities Private Limited, Jenyu-Fin Solutions Private Limited, Samraksh Enterprise Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Aditya Anil Gaggar ceased to be Director on 30 Nov 2025. Anil Nandkumar Gaggar ceased to be Director on 05 Oct 2025. Mahesh Gaggar ceased to be Director on 26 Sep 2016. Progressive Comtrade has 4 board changes on record in total.
Progressive Comtrade can be reached through the website progressiveshares.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Progressive Comtrade is at 122 – 123 – 124 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri W, Mumbai, Maharashtra, India – 400053.
Progressive Comtrade operates in the financial services industry, in the financial brokerage segment.
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