Progressive Education & Welfare Foundation
About Progressive Education & Welfare Foundation
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Progressive Education & Welfare Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 10 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85500MH2023NPL406223.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Aquil Gulam Abbas Kalawadia and Sadiqali Huseinali Shroff.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.28 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 0.9%) and EBITDA of ₹1.13 Lakh (EBITDA margin 0.9%).
Company details
Contact details
Progressive Education & Welfare Foundation's registered office is in Mumbai, Maharashtra.
- Registered AddressFlat 407 B Wing 2nd Cross, Road Lokhandwala Complex, Mumbai, Maharashtra, India – 400053
- 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 Education & Welfare Foundation is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Progressive Education & Welfare Foundation, buy the company report.
Financials of Progressive Education & Welfare Foundation
FY 2025 filings availableProgressive Education & Welfare Foundation reported revenue of ₹1.28 Cr (up 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 87% in the latest year. EBITDA fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹1.13 Lakh | |
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| Net Profit (PAT) | ₹1.13 Lakh | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.9% | |
| Net Profit Margin | 0.9% | |
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To see the full financial statements and ratios of Progressive Education & Welfare Foundation, buy the company report.
Board of directors of Progressive Education & Welfare Foundation
Progressive Education & Welfare Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aquil Gulam Abbas Kalawadia | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Sadiqali Huseinali Shroff | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Mahdi Sajjad Meherally Also directs: Meherally & Associates LLP | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Progressive Education & Welfare Foundation 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 Education & Welfare Foundation; 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 Education & Welfare Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Education & Welfare Foundation has 3 board changes on record since 2023: 3 appointments. The latest: Aquil Gulam Abbas Kalawadia was appointed as Director on 10 Jul 2023.
Frequently asked questions
Progressive Education & Welfare Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 10 July 2023 (3+ years old) and is registered under CIN U85500MH2023NPL406223.
Progressive Education & Welfare Foundation has 3 current directors:
- Aquil Gulam Abbas Kalawadia - Director
- Sadiqali Huseinali Shroff - Director
- Mahdi Sajjad Meherally - Director
The latest financial statements of Progressive Education & Welfare Foundation 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 FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Progressive Education & Welfare Foundation is U85500MH2023NPL406223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Education & Welfare Foundation was incorporated on 10 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Aquil Gulam Abbas Kalawadia was appointed as Director on 10 Jul 2023. Mahdi Sajjad Meherally was appointed as Director on 10 Jul 2023. Sadiqali Huseinali Shroff was appointed as Director on 10 Jul 2023.
The registered office of Progressive Education & Welfare Foundation is at Flat 407 B Wing 2nd Cross, Road Lokhandwala Complex, Mumbai, Maharashtra, India – 400053.
Progressive Education & Welfare Foundation can be reached at its registered office: Flat 407 B Wing 2nd Cross, Road Lokhandwala Complex, Mumbai, Maharashtra, India – 400053.
Progressive Education & Welfare Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.