Progressive Technology & Business Solution Private Limited
About Progressive Technology & Business Solution Private Limited
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Progressive Technology & Business Solution Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 02 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2015PTC208602. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sagarika Mondal Jana and Prabir Mondal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sree Nagar Main Road Garia Station, Kolkata, West Bengal, India – 700094.
As per the financials filed for FY 2021, the company reported a revenue of ₹46,241, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹22,406 (net margin -48.5%) and EBITDA of -₹15,038 (EBITDA margin -32.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Technology & Business Solution Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSree Nagar Main Road Garia Station, Kolkata, West Bengal, India – 700094
- IndustryInformation Technology, Data Processing, Hosting And Related Activities
To see the full contact details of Progressive Technology & Business Solution 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 Technology & Business Solution is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Progressive Technology & Business Solution Private Limited, buy the company report.
Financials of Progressive Technology & Business Solution Private Limited
FY 2021 filings availableProgressive Technology & Business Solution Private Limited reported revenue of ₹46,241 (down 94% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 126% 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
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| EBITDA | -₹15,038 | ||||
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| Net Profit (PAT) | -₹22,406 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -32.5% | ||||
| Net Profit Margin | -48.5% | ||||
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To see the full financial statements and ratios of Progressive Technology & Business Solution Private Limited, buy the company report.
Board of directors of Progressive Technology & Business Solution Private Limited
Progressive Technology & Business Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagarika Mondal Jana | Director | 02 Dec 2015 | 10 Years 11 Months | Current |
| Prabir Mondal Also directs: Progressive Education & Management Foundation | Director | 08 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Progressive Technology & Business Solution Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pawanvijay Private Limited | ₹46,500 (FY 2019) | 24.0% | New Delhi, Delhi, India | |||
| Proaug Research and Development Private Limited | ₹46,417 (FY 2021) | -82.0% | Hyderabad, Telangana, India | |||
| Progressive Technology & Business Solution Private Limitedthis company | ₹46,241 (FY 2021) | -₹22,406 | -48.5% | -94.0% | Kolkata, West Bengal, India | |
| Intelletics Institute and Innovation Private Limited | ₹46,220 (FY 2022) | Thane, Maharashtra, India | ||||
| Citizen Services Private Limited | ₹46,088 (FY 2020) | -23.0% | Ahmedabad, Gujarat, India | |||
| Uvw Life Science Laboratory Private Limited | ₹46,013 (FY 2019) | -52.0% | Tiruvannamalai, Tamil Nadu, India | |||
| Hikezee Software Private Limited | ₹46,000 (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Zenring Technologies Private Limited | ₹45,992 (FY 2025) | 52.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Progressive Technology & Business Solution Private Limited, buy the company report.
Auditor
Progressive Technology & Business Solution Private Limited is audited by PRAG & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAG & ASSOCIATES | FY 2017 | 020585N |
Shareholding
The shareholding of Progressive Technology & Business Solution Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Technology & Business Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Technology & Business Solution 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 Technology & Business Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Technology & Business Solution has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Progressive Technology & Business Solution Private Limited, buy the company report.
Recent activity
Progressive Technology & Business Solution Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Soumen Mondal ceased to be Director on 29 Mar 2019.
Frequently asked questions
Progressive Technology & Business Solution is an active private limited company based in Kolkata, West Bengal, India. The company works in data processing, within the information technology industry. It was incorporated on 02 December 2015 (11+ years old) and is registered under CIN U74900WB2015PTC208602.
Progressive Technology & Business Solution has 2 current directors:
- Sagarika Mondal Jana - Director
- Prabir Mondal - Director
The latest financial statements of Progressive Technology & Business Solution on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
No. Progressive Technology & Business Solution has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Progressive Technology & Business Solution is U74900WB2015PTC208602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Technology & Business Solution was incorporated on 02 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Progressive Technology & Business Solution by revenue are Pawanvijay Private Limited, Proaug Research and Development Private Limited, Intelletics Institute and Innovation Private Limited, Citizen Services Private Limited, Uvw Life Science Laboratory Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Soumen Mondal ceased to be Director on 29 Mar 2019. Prabir Mondal ceased to be Additional Director on 29 Sep 2018. Prabir Mondal was appointed as Director on 08 Sep 2017. Progressive Technology & Business Solution has 4 board changes on record in total.
The registered office of Progressive Technology & Business Solution is at Sree Nagar Main Road Garia Station, Kolkata, West Bengal, India – 700094.
Progressive Technology & Business Solution operates in the information technology industry, in the data processing segment.
The compliance status of Progressive Technology & Business Solution is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
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