MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0196273
Progrids Progressive Grid Solutions Private Limited
Progrids Progressive Grid Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹59.97 Lakh
▼ 27% YoY
Net loss · FY 2024
₹19.18 Lakh
Net margin -32%
EBITDA · FY 2024
-₹17.65 Lakh
EBITDA margin -29.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
3
Provident fund records
Directors on board
2
As per MCA filings
About Progrids Progressive Grid Solutions Private Limited
Data last updated:
Progrids Progressive Grid Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 24 August 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2022PTC165259.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dinesh Kumar and Alka Gupta.
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 No.13 – 14 1st Floor Sv Complex Navodaya Nagar Kothanur Main Road J.P.Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.97 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹19.18 Lakh (net margin -32%) and EBITDA of -₹17.65 Lakh (EBITDA margin -29.4%).
The company has about 3 employees on its provident fund (EPFO) records.
Progrids Progressive Grid Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0196273).
Company details
CIN U74999KA2022PTC165259
Registration Number 165259
Incorporation Date 24 August 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0196273
Key People
Dinesh Kumar Director Alka Gupta Director Recognitions & Rankings of Progrids Progressive Grid Solutions
Contact details
Progrids Progressive Grid Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.13 – 14 1st Floor Sv Complex Navodaya Nagar Kothanur Main Road J.P.Nagar, Bangalore, Karnataka, India – 560078
- IndustryBusiness Outsourcing, Business & IT Consulting
Comprehensive company report
Progrids Progressive Grid Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Progrids Progressive Grid Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Progrids Progressive Grid Solutions Private Limited, buy the company report.
Financials of Progrids Progressive Grid Solutions Private Limited
FY 2025 filings availableProgrids Progressive Grid Solutions Private Limited reported revenue of ₹59.97 Lakh (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹59.97 Lakh ▼ 27%
Net loss · FY 2024
₹19.18 Lakh margin -32%
EBITDA · FY 2024
-₹17.65 Lakh margin -29.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
EBITDA CAGR growth
1 year
▼ 169%
Revenue fell 27% in the latest year. EBITDA fell 169% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹17.65 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹19.18 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -29.4% | |
| Net Profit Margin | -32% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Progrids Progressive Grid Solutions Private Limited, buy the company report.
Board of directors of Progrids Progressive Grid Solutions Private Limited
Progrids Progressive Grid Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Alka Gupta | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Progrids Progressive Grid Solutions 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 Progrids Progressive Grid Solutions 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 Progrids Progressive Grid Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progrids Progressive Grid Solutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Alka Gupta was appointed as Director on 24 Aug 2022.
AGM
Progrids Progressive Grid Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Progrids Progressive Grid Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Alka Gupta was appointed as Director.
Appointed
Dinesh Kumar was appointed as Director.
Incorporation
24 Aug 2022
Progrids Progressive Grid Solutions Private Limited was registered on 24 Aug 2022 with Roc Bangalore & aged 4 years 2 months as per MCA records.
Frequently asked questions
Progrids Progressive Grid Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 24 August 2022 (4+ years old) and is registered under CIN U74999KA2022PTC165259.
Progrids Progressive Grid Solutions has 2 current directors:
- Dinesh Kumar - Director
- Alka Gupta - Director
The latest financial statements of Progrids Progressive Grid Solutions 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Progrids Progressive Grid Solutions is U74999KA2022PTC165259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progrids Progressive Grid Solutions was incorporated on 24 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Alka Gupta was appointed as Director on 24 Aug 2022. Dinesh Kumar was appointed as Director on 24 Aug 2022.
Yes, Progrids Progressive Grid Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0196273).
The registered office of Progrids Progressive Grid Solutions is at No.13 – 14 1st Floor Sv Complex Navodaya Nagar Kothanur Main Road J.P.Nagar, Bangalore, Karnataka, India – 560078.
Progrids Progressive Grid Solutions operates in the business outsourcing industry, in the business and IT consulting segment.
Progrids Progressive Grid Solutions can be reached at its registered office: No.13 – 14 1st Floor Sv Complex Navodaya Nagar Kothanur Main Road J.P.Nagar, Bangalore, Karnataka, India – 560078.
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