
About Progen Business Solutions Private Limited
Data last updated:
Progen Business Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 23 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2008PTC178550. Its GSTIN is 36AAFCP1100Q1ZF (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹82.12 Lakh. It is led by directors Rahul Sharma and Pramila Sharma.
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 55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.79 Lakh, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹15.43 Lakh (net margin 19.6%) and EBITDA of ₹9.13 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
The company is associated with 1 brand: ProGen Business Solutions. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.39 Cr; the latest was in March 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progenbusiness.com.
Company details
Contact details
Progen Business Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is progenbusiness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Progen Business Solutions 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
Brands
Progen Business Solutions operates one associated brand: ProGen Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business intelligence platform for data integration and analytics is offered. | progenbusiness.com |
Business activity
The main business activity of Progen Business Solutions 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 Progen Business Solutions Private Limited, buy the company report.
Financials of Progen Business Solutions Private Limited
FY 2025 filings availableProgen Business Solutions Private Limited reported revenue of ₹78.79 Lakh (up 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 99% growth in the latest year. EBITDA rose 183% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.43 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 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 19.6% | ||||
| 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 Progen Business Solutions Private Limited, buy the company report.
Board of directors of Progen Business Solutions Private Limited
Progen Business Solutions 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 |
|---|---|---|---|---|
| Rahul Sharma | Director | 23 May 2008 | 18 Years 5 Months | Current |
| Pramila Sharma | Director | 25 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Progen Business Solutions Private Limited is audited by NAYYAR & NAYYAR for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAYYAR & NAYYAR | FY 2018 | 001237N |
Shareholding
The shareholding of Progen Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Progen Business Solutions Private Limited, buy the company report.
Deals & funding
Progen Business Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.39 Cr; the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2014 | Funding round | ₹60.7 Lakh | Investors: 4 individuals |
| Aug 2009 | Funding round | ₹78.1 Lakh | Investors: 4 individuals |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Progen Business 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 Progen Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progen Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCP1100Q1ZF | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progen Business Solutions Private Limited, buy the company report.
Recent activity
Progen Business Solutions Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Pramila Sharma was appointed as Director on 25 Apr 2025.
Frequently asked questions
Progen Business Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 23 May 2008 (18+ years old) and is registered under CIN U74900DL2008PTC178550.
Progen Business Solutions has 2 current directors:
- Rahul Sharma - Director
- Pramila Sharma - Director
The latest financial statements of Progen Business 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 2015 are in the company report.
The GSTIN of Progen Business Solutions is 36AAFCP1100Q1ZF, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Progen Business Solutions is U74900DL2008PTC178550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progen Business Solutions was incorporated on 23 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Progen Business Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.39 Cr; the latest was in March 2014.
Pramila Sharma was appointed as Director on 25 Apr 2025. Jitendra Kumar Sharma ceased to be Director on 04 Apr 2025. Amit Chandak ceased to be Director on 09 Jul 2019. Progen Business Solutions has 5 board changes on record in total.
Progen Business Solutions can be reached through the website progenbusiness.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Progen Business Solutions is at 55 Second Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030.

