Progcap Financial Services Private Limited

Progcap Financial Services Private Limited - travel and hospitality in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74110DL2019PTC350878 Incorporated 03 June 2019 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company travel and hospitality
Data last updated
Revenue · FY 2023
₹12.56 Lakh
▲ 25% YoY
Net profit · FY 2023
₹6.64 Lakh
Net margin 52.9%
EBITDA · FY 2023
-₹5.92 Lakh
EBITDA margin -47.1%
Authorised capital
₹2.2 Cr
Registered with MCA
Paid-up capital
₹2.2 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Brands
1
Associated brands

About Progcap Financial Services Private Limited

Data last updated:

Progcap Financial Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Desiderata Impact Ventures Private Limited. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 03 June 2019 and has been in existence for over 7 years.

Its director Himanshu Chandra and family are #1,482 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL2019PTC350878.

The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Himanshu Chandra and Manu Rikhye.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 76 1st Floor Okhla Industrial Area, Okhla New Delhi, Delhi, India – 110020.

As per the financials filed for FY 2023, the company reported a revenue of ₹12.56 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹6.64 Lakh (net margin 52.9%) and EBITDA of -₹5.92 Lakh (EBITDA margin -47.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.

The company is associated with 1 brand: Progcap. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in September 2019.

For more details, the company can be reached via its website progcap.com.

Company details

CIN U74110DL2019PTC350878
Registration Number 350878
Incorporation Date 03 June 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Desiderata Impact Ventures Private Limited

CIN history

Progcap Financial Services has one previous CIN (Corporate Identification Number): U65990DL2019PTC350878. The current CIN is U74110DL2019PTC350878, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110DL2019PTC350878Current
U65990DL2019PTC350878Previous
Key People
Himanshu Chandra Director Manu Rikhye Director Pallavi Shrivastava Director

Recognitions & Rankings of Progcap Financial Services

Contact details

Progcap Financial Services Private Limited's registered office is in New Delhi, Delhi. Its website is progcap.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    progcap.com
  • Social Media
  • Apps
  • Registered Address
    76 1st Floor Okhla Industrial Area, Okhla New Delhi, Delhi, India – 110020
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Progcap Financial Services Private Limited, buy the company report.

Comprehensive company report
Progcap Financial Services 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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Brands

Progcap Financial Services operates one associated brand: Progcap. Each brand links to its own profile.

BrandDescriptionWebsite
Progcap
Provider of financial and technology products for small and medium businessesprogcap.com

Financials of Progcap Financial Services Private Limited

FY 2024 filings available

Progcap Financial Services Private Limited reported revenue of ₹12.56 Lakh (up 25% YoY) for FY 2023.

Revenue · FY 2023
₹12.56 Lakh ▲ 25%
Net profit · FY 2023
₹6.64 Lakh margin 52.9%
EBITDA · FY 2023
-₹5.92 Lakh margin -47.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 25% growth 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹12.56 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.92 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.64 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-47.1%
Net Profit Margin52.9%
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 Progcap Financial Services Private Limited, buy the company report.

Board of directors of Progcap Financial Services Private Limited

Progcap Financial Services has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Himanshu Chandra
Also directs: Desiderata Impact Ventures Private Limited, Progfin Private Limited
Director03 Jun 20197 Years 4 MonthsCurrent
Manu Rikhye
Also directs: Growx Venture Fund LLP, Merak Ventures Fund Manager LLP, Desiderata Impact Ventures Private Limited
Director03 Jun 20197 Years 4 MonthsCurrent
Pallavi Shrivastava
Also directs: Desiderata Impact Ventures Private Limited, Progfin Private Limited
Director03 Jun 20197 Years 4 MonthsCurrent
View all directors

Auditor

Progcap Financial Services Private Limited is audited by S K MEHTA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S K MEHTA & COFY 2023000478N

Shareholding

The shareholding of Progcap Financial Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Progcap Financial Services Private Limited, buy the company report.

Deals & funding

Progcap Financial Services Private Limited has 1 deal on record (1 rights issue); the latest was in September 2019.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2019Rights issue₹2.19 CrInvestors: Desiderata Impact Ventures Private Limited , an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Progcap Financial Services 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 Progcap Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Progcap Financial Services Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Himanshu Chandra was appointed as Director on 03 Jun 2019.

AGM
Progcap Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Progcap Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Himanshu Chandra was appointed as Director.
Appointed
Manu Rikhye was appointed as Director.
Appointed
Pallavi Shrivastava was appointed as Director.
Incorporation
03 Jun 2019
Progcap Financial Services Private Limited was registered on 03 Jun 2019 with Roc Delhi & aged 7 years 5 months as per MCA records.

News

Frequently asked questions

Progcap Financial Services is an active private limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 03 June 2019 (7+ years old) and is registered under CIN U74110DL2019PTC350878.

Progcap Financial Services has 3 current directors:

The latest financial statements of Progcap Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Progcap Financial Services is U74110DL2019PTC350878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Progcap Financial Services has 1 court case on record: 1 filed against it.

Progcap Financial Services was incorporated on 03 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.

Progcap Financial Services has 1 deal on record (1 rights issue); the latest was in September 2019.

Himanshu Chandra was appointed as Director on 03 Jun 2019. Manu Rikhye was appointed as Director on 03 Jun 2019. Pallavi Shrivastava was appointed as Director on 03 Jun 2019.

Progcap Financial Services can be reached through the website progcap.com. Its registered office is in New Delhi, Delhi, India.

The registered office of Progcap Financial Services is at 76 1st Floor Okhla Industrial Area, Okhla New Delhi, Delhi, India – 110020.