Progressive Intermediary Private Limited
About Progressive Intermediary Private Limited
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Progressive Intermediary Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Suniyojit Viniyog Ltd. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 21 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U02520DL1983PTC338408.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.6 Cr. It was formerly known as Khaitan Polyfabs Pvt Ltd. It is led by directors Pawan Kumar Pandey and Vedant Khaitan.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 319 – A 3rd Floor Hemkunt Chambers, 89 Nehru Place New Delhi – 110019, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.51 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Lakh (net margin 43.2%) and EBITDA of ₹6.09 Lakh (EBITDA margin 57.9%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 12% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Progressive Intermediary has one previous CIN (Corporate Identification Number): U02520WB1983PTC036942. The current CIN is U02520DL1983PTC338408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U02520DL1983PTC338408 | Current |
| U02520WB1983PTC036942 | Previous |
Contact details
Progressive Intermediary Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address319 – A 3rd Floor Hemkunt Chambers, 89 Nehru Place New Delhi – 110019, Delhi, India – 110019
- IndustryEvents and Entertainment, Event Planning & Management
To see the full contact details of Progressive Intermediary 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 Intermediary is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Progressive Intermediary Private Limited, buy the company report.
Financials of Progressive Intermediary Private Limited
FY 2025 filings availableProgressive Intermediary Private Limited reported revenue of ₹10.51 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 59% fall in the latest year. EBITDA fell 72% 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 | ₹6.09 Lakh | ||||
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| Net Profit (PAT) | ₹4.54 Lakh | ||||
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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 | 57.9% | ||||
| Net Profit Margin | 43.2% | ||||
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To see the full financial statements and ratios of Progressive Intermediary Private Limited, buy the company report.
Board of directors of Progressive Intermediary Private Limited
Progressive Intermediary has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Pandey Also directs: Creative Bites Private Limited, Khaitan Eduops Private Limited, Suniyojit Viniyog Ltd and 2 more | Director | 25 Nov 2014 | 11 Years 11 Months | Current |
| Vedant Khaitan Also directs: Creative Bites Private Limited, Manimaya Marketing Private Limited, Khaitan Poly Packaging Pvt.Ltd. and 2 more | Director | 01 Oct 2017 | 9 Years 1 Months | Current |
Auditor
Progressive Intermediary Private Limited is audited by PATNI P K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATNI P K & CO | FY 2019 | 030021N |
Shareholding
The shareholding of Progressive Intermediary Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Progressive Intermediary Private Limited, buy the company report.
Legal cases
Progressive Intermediary Private Limited has 3 court cases on record: 1 filed by Progressive Intermediary, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Progressive Intermediary Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Intermediary 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 Intermediary Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Intermediary Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Anshuman Khaitan ceased to be Director on 01 Oct 2017.
Frequently asked questions
Progressive Intermediary is an active private limited company based in New Delhi, Delhi, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 21 November 1983 (43+ years old) and is registered under CIN U02520DL1983PTC338408.
Progressive Intermediary has 2 current directors:
- Pawan Kumar Pandey - Director
- Vedant Khaitan - Director
The latest financial statements of Progressive Intermediary on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Progressive Intermediary is U02520DL1983PTC338408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Intermediary has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Progressive Intermediary was incorporated on 21 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
Anshuman Khaitan ceased to be Director on 01 Oct 2017. Vedant Khaitan was appointed as Director on 01 Oct 2017. Davender Singh Gusain ceased to be Director on 01 Oct 2015. Progressive Intermediary has 7 board changes on record in total.
The registered office of Progressive Intermediary is at 319 – A 3rd Floor Hemkunt Chambers, 89 Nehru Place New Delhi – 110019, Delhi, India – 110019.
Progressive Intermediary operates in the events and entertainment industry, in the event planning and management segment.
The compliance status of Progressive Intermediary is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
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