About Progenesis Ivf Private Limited
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Progenesis Ivf Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the ivf and maternity care centers segment of the healthcare sector. It was incorporated on 20 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85320MH2019PTC330820.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narhari Sambhaji Malagaonkar and Prashant Sambhaji Aher.
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 Tiffany Building 4th Floor Hiranandani Estate Near Icici Bank, Off Patilpada Godbunder Road Thane West, Maharashtra, India – 400607.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.57 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹8.38 Cr (net margin 16.6%) and EBITDA of ₹13.24 Cr (EBITDA margin 26.2%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Progeny Fertility Center and Progenesis IVF. As per MCA filings, the company has open charges of ₹7.95 Cr on record.
For more details, the company can be reached via its website progenesisivf.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTiffany Building 4th Floor Hiranandani Estate Near Icici Bank, Off Patilpada Godbunder Road Thane West, Maharashtra, India – 400607
- IndustryHealthcare, IVF & Maternity Care Centers
- 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
- One PDF report, delivered after checkout
Associated Brands with Progenesis Ivf Private Limited
Progenesis Ivf operates two associated brands: Progeny Fertility Center and Progenesis IVF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone multispecialty hospital | progenyfertility.com | |
| A fertility clinic offering assisted reproductive technologies, including IVF, IUI, and embryo donation. | progenesisivf.com |
Competitors & Alternatives of Progenesis Ivf Private Limited
Brands and companies operating in the same space as Progenesis Ivf Private Limited include Oasis IVF, Indira IVF Hospital, BabyScience IVF Clinics and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Oasis IVF | IVF treatments are offered through a chain of centers. | Hyderabad, India | 2009 |
 Indira IVF Hospital | Chain of fertility clinics | Udaipur, India | 1988 |
 BabyScience IVF Clinics | Chain of IVF clinics | Bengaluru, India | 2020 |
 IVF Access | Chain of IVF centers | Bengaluru, India | 2019 |
 India IVF Clinic | A chain of IVF clinics is operated across India. | Gurugram, India | 2014 |
 Ferticare | Provider of healthcare consulting services | Bengaluru, India | 2020 |
 Crysta IVF | A chain of IVF clinics offering fertility treatments is operated. | Delhi, India | 2018 |
 Nova IVF Fertility | Chain of IVF centers | Bengaluru, India | 2011 |
Business Activity of Progenesis Ivf Private Limited
The main business activity of Progenesis Ivf is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Progenesis Ivf Private Limited
Progenesis Ivf Private Limited is audited by PATIL HIRAN JAJOO & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATIL HIRAN JAJOO & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Progenesis Ivf Private Limited
Progenesis Ivf has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narhari Sambhaji Malagaonkar | Director | 20 Sep 2019 | 7 Years 0 Months | Current |
| Prashant Sambhaji Aher | Director | 20 Sep 2019 | 7 Years 0 Months | Current |
| Sandeep Sambaji Aher Also directs: Parmaz Czone Realtors LLP, Parmaz Landmark Two LLP, Hariprasanna Properties LLP and 5 more | Director | 20 Sep 2019 | 7 Years 0 Months | Current |
Financials of Progenesis Ivf Private Limited FY 2024 filings available
Progenesis Ivf Private Limited reported revenue of ₹50.57 Cr (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Progenesis Ivf Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 102% over three years, including 50% growth in the latest year. EBITDA rose 38% 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 of Progenesis Ivf Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.38 Cr | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Progenesis Ivf Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Progenesis Ivf are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Progenesis Ivf Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Progenesis Ivf Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2024 | Others | ₹7.95 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Progenesis Ivf Private Limited
Progenesis Ivf Private Limited has a workforce of 42 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Progenesis Ivf Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Progenesis Ivf Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Progenesis Ivf Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Progenesis Ivf Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progenesis Ivf Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Progenesis Ivf Private Limited
Frequently Asked Questions about Progenesis Ivf Private Limited
Progenesis Ivf is an active private limited company based in Thane, Maharashtra, India. The company works in ivf and maternity care centers, within the healthcare industry. It was incorporated on 20 September 2019 (7+ years old) and is registered under CIN U85320MH2019PTC330820.
Progenesis Ivf reported revenue of ₹50.57 Cr for FY 2024 (up 50% YoY).
Progenesis Ivf has 3 current directors:
- Narhari Sambhaji Malagaonkar - Director
- Prashant Sambhaji Aher - Director
- Sandeep Sambaji Aher - Director
Progenesis Ivf reported a net profit of ₹8.38 Cr (net margin 16.6%) and EBITDA of ₹13.24 Cr (EBITDA margin 26.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progenesis Ivf is 102% over three years. In the latest year (FY 2024) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Progenesis Ivf is U85320MH2019PTC330820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progenesis Ivf was incorporated on 20 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Progenesis Ivf can be reached through the website progenesisivf.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Progenesis Ivf is at Tiffany Building 4th Floor Hiranandani Estate Near Icici Bank, Off Patilpada Godbunder Road Thane West, Maharashtra, India – 400607.