About Progressive Share Brokers
Progressive Share Brokers is a Technology company based in Mumbai (India) founded in 1996. Stockbroking services and market updates are provided in India. The company has 77 employees. Its Indian entity Progressive Share Brokers Private Limited reported revenue of ₹54.60 Cr. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Similar companies include Groww, Angel One and Upstox; 3 of its 3 listed similar companies have raised funding.
Company details
Progressive Share Brokers was founded in 1996 in Mumbai, India, within the financial services sector. Stockbroking operations are conducted, with emphasis on updates for Sensex and Bankex indices. Additional market-related news, silver futures information, and stock market developments are disseminated through its platform at progressiveshares.com. Leadership is provided by Managing Director Anil Gaggar.
- Headquarters Mumbai, India
- Employees 77
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website progressiveshares.com
- Social Facebook
- Legal Name Progressive Share Brokers Private Limited
- Date of Incorporation 20 Sep, 1994
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹54.60 Cr
FY 2025 · +19% YoY
- Net Profit₹12.03 Cr
FY 2025 · 22% margin
- EBITDA₹19.34 Cr
FY 2025 · 35% margin
- Employee Count77
Associated legal entities of Progressive Share Brokers
Progressive Share Brokers operates through Progressive Share Brokers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Progressive Share Brokers Private Limited CIN U67120MH1994PTC176096 | Active | 20 Sep 1994 | Mumbai, Maharashtra | ₹54.6 Cr | 77 | 2 | View details |
Apps and channels of Progressive Share Brokers
Progressive Share Brokers publishes 2 mobile apps with over 5K+ downloads.
Board of directors of Progressive Share Brokers Private Limited (Progressive Share Brokers)
Progressive Share Brokers Private Limited is the primary company behind Progressive Share Brokers. The board of Progressive Share Brokers Private Limited currently have 2 directors; the longest-serving is Aditya Anil Gaggar, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Anil Gaggar DIN 06908279 | Whole-time director | 12 Nov 2014 | 11 yrs 11 mo | Progressive Share Brokers Private Limited |
| Anirudh Anil Gaggar DIN 07543166 | Director | 18 Aug 2021 | 5 yrs 2 mo | Progressive Share Brokers Private Limited |
People of Progressive Share Brokers
1 people are tracked at Progressive Share Brokers (1 in leadership); the tracked headcount is 77.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Progressive Share Brokers
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Financials of Progressive Share Brokers
Figures of Progressive Share Brokers Private Limited, the primary company behind Progressive Share Brokers, for FY 2025. Revenue was ₹54.60 Cr (+19% year on year). Net profit was ₹12.03 Cr (22% margin). EBITDA was ₹19.34 Cr (35% margin). Revenue has grown at a compounded annual rate of +15% over three years and +30% over five years.
- ₹54.60 CrRevenue · FY 2025 · +19% YoY
- ₹12.03 CrNet profit · 22% margin
- ₹19.34 CrEBITDA · 35% margin
- ₹1.00 CrPaid-up capital
- 77Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Progressive Share Brokers Private Limited are on its company page.
Detailed financial statements for Progressive Share Brokers
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Similar companies to Progressive Share Brokers
Progressive Share Brokers has 3 listed similar companies in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed similar companies of Progressive Share Brokers
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Web traffic of Progressive Share Brokers
The website of Progressive Share Brokers (progressiveshares.com) receives about 7.5K visits a month.
- Monthly visits7.5K
▼ 28.9% vs previous month
Websites whose visitors overlap most with Progressive Share Brokers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
moneycontrol.com | moneycontrol.com | 100% | #489 | – | |
| jainam.in | 86% | 186.6K | #135,444 | View details | |
direct.mastermarts.com | direct.mastermarts.com | 86% | – | ||
ipoplatform.com | ipoplatform.com | 81% | #325,913 | – | |
cointime.ai | cointime.ai | 81% | #3,187,080 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Progressive Share Brokers
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Progressive Share Brokers (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Progressive Share Brokers
Complete news archive for Progressive Share Brokers
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Frequently Asked Questions about Progressive Share Brokers
Progressive Share Brokers was founded in 1996.
Progressive Share Brokers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Progressive Share Brokers has 77 employees.
The primary company behind Progressive Share Brokers, Progressive Share Brokers Private Limited, reported revenue of ₹54.60 Cr for FY 2025, up 19% year on year.
Progressive Share Brokers was founded in 1996 in Mumbai, India, within the financial services sector. Stockbroking operations are conducted, with emphasis on updates for Sensex and Bankex indices. Additional market-related news, silver futures information, and stock market developments are disseminated through its platform at progressiveshares.com. Leadership is provided by Managing Director Anil Gaggar.
Progressive Share Brokers operates through Progressive Share Brokers Private Limited.
The legal entities of Progressive Share Brokers currently have 2 directors, including Aditya Anil Gaggar, Anirudh Anil Gaggar.
Yes. Progressive Share Brokers publishes Invest360 and 1 more app, with over 5,000 downloads.