SBM Progressive Private Limited
About SBM Progressive Private Limited
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SBM Progressive Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 19 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC043139.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amar Lal Wadhwani and Rambabu Ahirwar.
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 G – 1/106 Mohini Kirti Apartment C Sector Indrapuri, Bhopal, Madhya Pradesh, India – 462021.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.38 Lakh, a growth of 94% compared to the previous year. For the same year it recorded EBITDA of ₹4,245 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SBM Progressive Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressG – 1/106 Mohini Kirti Apartment C Sector Indrapuri, Bhopal, Madhya Pradesh, India – 462021
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of SBM Progressive 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 SBM Progressive is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of SBM Progressive Private Limited, buy the company report.
Financials of SBM Progressive Private Limited
FY 2025 filings availableSBM Progressive Private Limited reported revenue of ₹31.38 Lakh (up 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 94% growth in the latest year. EBITDA rose 782% 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 | ₹4,245 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0.1% | ||||
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To see the full financial statements and ratios of SBM Progressive Private Limited, buy the company report.
Board of directors of SBM Progressive Private Limited
SBM Progressive has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Lal Wadhwani | Director | 19 Apr 2017 | 9 Years 6 Months | Current |
| Rambabu Ahirwar | Director | 19 Apr 2017 | 9 Years 6 Months | Current |
| Mohammad Shafeeque | Director | 19 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
SBM Progressive Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyfertxt Consulting Private Limited | ₹31.4 Lakh (FY 2024) | 2223.0% | Hyderabad, Telangana, India | |||
| Avanest Technologies Private Limited | ₹31.4 Lakh (FY 2025) | 19.0% | Jalandhar, Punjab, India | |||
| Almetric Consultancy Service Private Limited | ₹31.4 Lakh (FY 2024) | -51.0% | Kolkata, West Bengal, India | |||
| Vel Micro Systems Private Limited | ₹31.39 Lakh (FY 2024) | -8.0% | Tiruchirappalli, Tamil Nadu, India | |||
| RBDS Infotech Private Limited | ₹31.38 Lakh (FY 2024) | 1621.0% | Ghaziabad, Uttar Pradesh, India | |||
| SBM Progressive Private Limitedthis company | ₹31.38 Lakh (FY 2025) | 94.0% | Bhopal, Madhya Pradesh, India | |||
| Iterent Technology and Consultation Private Limited | ₹31.37 Lakh (FY 2020) | 35.0% | New Delhi, Delhi, India | |||
| Zero Com India Private Limited | ₹31.37 Lakh (FY 2015) | -63.0% | Nagpur, Maharashtra, India | |||
| Insecsys Private Limited | ₹31.37 Lakh (FY 2023) | 385.0% | Pune, Maharashtra, India | |||
| Benara Esoftware Private Limited | ₹31.35 Lakh (FY 2016) | 1204.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of SBM Progressive Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SBM Progressive 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 SBM Progressive 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 SBM Progressive Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SBM Progressive Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Amar Lal Wadhwani was appointed as Director on 19 Apr 2017.
Frequently asked questions
SBM Progressive is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in other services, within the business services industry. It was incorporated on 19 April 2017 (9+ years old) and is registered under CIN U74999MP2017PTC043139.
SBM Progressive has 3 current directors:
- Amar Lal Wadhwani - Director
- Rambabu Ahirwar - Director
- Mohammad Shafeeque - Director
The latest financial statements of SBM Progressive 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 CIN (Corporate Identification Number) of SBM Progressive is U74999MP2017PTC043139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SBM Progressive was incorporated on 19 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of SBM Progressive by revenue are Cyfertxt Consulting Private Limited, Avanest Technologies Private Limited, Almetric Consultancy Service Private Limited, Vel Micro Systems Private Limited, RBDS Infotech Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Amar Lal Wadhwani was appointed as Director on 19 Apr 2017. Mohammad Shafeeque was appointed as Director on 19 Apr 2017. Rambabu Ahirwar was appointed as Director on 19 Apr 2017.
The registered office of SBM Progressive is at G – 1106 Mohini Kirti Apartment C Sector Indrapuri, Bhopal, Madhya Pradesh, India – 462021.
SBM Progressive operates in the business services industry, in the other services segment.
The compliance status of SBM Progressive is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
SBM Progressive can be reached at its registered office: G – 1106 Mohini Kirti Apartment C Sector Indrapuri, Bhopal, Madhya Pradesh, India – 462021.
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