Progressive Risk Management Private Limited
About Progressive Risk Management Private Limited
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Progressive Risk Management Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 22 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC099891. Its GSTIN is 24AAJCP5413A1ZX (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors including Sanjaykumar Rameshchandra Vyas and Krushnakumar Patel.
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 S – 6 2nd Floor Orbit Small Centre Radhanpur Road, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.15 Lakh (net margin 6.1%) and EBITDA of ₹8.27 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Risk Management Private Limited's registered office is in Mehsana, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressS – 6 2nd Floor Orbit Small Centre Radhanpur Road, Mehsana, Gujarat, India – 384002
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Progressive Risk Management 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 Risk Management is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Progressive Risk Management Private Limited, buy the company report.
Financials of Progressive Risk Management Private Limited
FY 2025 filings availableProgressive Risk Management Private Limited reported revenue of ₹1.34 Cr (up 754% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 754% growth in the latest year. EBITDA rose 193% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.27 Lakh | ||||
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| Net Profit (PAT) | ₹8.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 6.1% | ||||
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To see the full financial statements and ratios of Progressive Risk Management Private Limited, buy the company report.
Board of directors of Progressive Risk Management Private Limited
Progressive Risk Management has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjaykumar Rameshchandra Vyas | Director | 22 Nov 2017 | 8 Years 11 Months | Current |
| Krushnakumar Patel | Director | 22 Nov 2017 | 8 Years 11 Months | Current |
| Harsh Vikrambhai Patel | Director | 22 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Progressive Risk Management Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frontline Financial Consultancy Private Limited | ₹1.35 Cr (FY 2024) | 1.0% | Patna, Bihar, India | |||
| Infusion Advisory and Management Services Private Limited | ₹1.34 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Wealthyin Broking Private Limited | ₹1.34 Cr (FY 2025) | 190.0% | Bangalore, Karnataka, India | |||
| HRK Corpadvice Private Limited | ₹1.34 Cr (FY 2025) | 1.0% | Vapi, Gujarat, India | |||
| Orion Commodities and Services Pvt Ltd | ₹1.34 Cr (FY 2017) | -9.0% | Mumbai, Maharashtra, India | |||
| Progressive Risk Management Private Limitedthis company | ₹1.34 Cr (FY 2024) | ₹8.15 Lakh | 6.1% | 754.0% | Mehsana, Gujarat, India | |
| Globe Financial Services Pvt. Ltd. | ₹1.34 Cr (FY 2025) | 69.0% | Kolkata, West Bengal, India | |||
| B.K.G.Securities Private Limited | ₹1.34 Cr (FY 2025) | 77.0% | Gwalior, Madhya Pradesh, India | |||
| Fiat Consulting Services Private Limited | ₹1.34 Cr (FY 2024) | 37.0% | Hyderabad, Telangana, India | |||
| Highlife Finserv Private Limited | ₹1.34 Cr (FY 2025) | 43.0% | Delhi, India | |||
| MPS Global Solutions Limited | ₹1.34 Cr (FY 2024) | 28.0% | Wanawadi, Maharashtra, India |
To see the full peer comparison of Progressive Risk Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Risk Management 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 Risk Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Risk Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP5413A1ZX | Gujarat | Active | 21 Dec 2017 |
To see the full GST registrations and return filing status of Progressive Risk Management Private Limited, buy the company report.
Recent activity
Progressive Risk Management Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Baldevbhai Mangaldas Patel ceased to be Director on 20 Aug 2018.
Frequently asked questions
Progressive Risk Management is an active private limited company based in Mehsana, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 22 November 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC099891.
Progressive Risk Management has 3 current directors:
- Sanjaykumar Rameshchandra Vyas - Director
- Krushnakumar Patel - Director
- Harsh Vikrambhai Patel - Director
The latest financial statements of Progressive Risk Management 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 2018 are in the company report.
The GSTIN of Progressive Risk Management is 24AAJCP5413A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Progressive Risk Management is U74999GJ2017PTC099891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Risk Management was incorporated on 22 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Progressive Risk Management by revenue are Frontline Financial Consultancy Private Limited, Infusion Advisory and Management Services Private Limited, Wealthyin Broking Private Limited, HRK Corpadvice Private Limited, Orion Commodities and Services Pvt Ltd and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Baldevbhai Mangaldas Patel ceased to be Director on 20 Aug 2018. Harsh Vikrambhai Patel was appointed as Director on 22 Nov 2017. Krushnakumar Patel was appointed as Director on 22 Nov 2017. Progressive Risk Management has 4 board changes on record in total.
The registered office of Progressive Risk Management is at S – 6 2nd Floor Orbit Small Centre Radhanpur Road, Mehsana, Gujarat, India – 384002.
Progressive Risk Management operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Progressive Risk Management is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
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