About Progenx Technology Private Limited
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Progenx Technology Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC151257. Its GSTIN is 29AAMCP2524K1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Payyan Kaddanchirakkal Gangadharan and Mundayadan Sudhamani.
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 No 132 Vinayaka Layout Puttenahalli 4th Cross Yelahanka, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.31 Lakh (net margin 3.2%) and EBITDA of ₹5.1 Lakh (EBITDA margin 5%).
For more details, the company can be reached via its website progenxtech.com.
Company details
Contact details
Progenx Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is progenxtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 132 Vinayaka Layout Puttenahalli 4th Cross Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Progenx Technology 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 Progenx Technology 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 Progenx Technology Private Limited, buy the company report.
Financials of Progenx Technology Private Limited
FY 2025 filings availableProgenx Technology Private Limited reported revenue of ₹1.03 Cr (up 968% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 968% in the latest year. EBITDA rose 168% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹5.1 Lakh | ||
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| Net Profit (PAT) | ₹3.31 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 5% | ||
| Net Profit Margin | 3.2% | ||
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To see the full financial statements and ratios of Progenx Technology Private Limited, buy the company report.
Board of directors of Progenx Technology Private Limited
Progenx Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payyan Kaddanchirakkal Gangadharan | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Mundayadan Sudhamani | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
Peer comparison
Progenx Technology 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 |
|---|---|---|---|---|---|---|
| Wegren Technologies Private Limited | ₹1.03 Cr (FY 2024) | -25.0% | Bangalore, Karnataka, India | |||
| Thikai Innovations Private Limited | ₹1.03 Cr (FY 2025) | 1.0% | Chennai, Tamil Nadu, India | |||
| Ooru Digital Private Limited | ₹1.03 Cr (FY 2025) | 182.0% | Bangalore, Karnataka, India | |||
| Inspavo Consultancy Services Private Limited | ₹1.03 Cr (FY 2025) | -39.0% | Bhubaneswar, Odisha, India | |||
| Progenx Technology Private Limitedthis company | ₹1.03 Cr (FY 2024) | ₹3.31 Lakh | 3.2% | 968.0% | Bangalore, Karnataka, India | |
| Mahati Information Technology Private Limited | ₹1.03 Cr (FY 2024) | -34.0% | Hyderabad, Telangana, India | |||
| Chitkalas Info Technologies (OPC) Private Limited | ₹1.03 Cr (FY 2024) | -23.0% | Hyderabad, Telangana, India | |||
| Agrometrics Analytics and Technology Private Limited | ₹1.03 Cr (FY 2022) | -52.0% | Hyderabad, Telangana, India | |||
| Phoebus AI Solutions Private Limited | ₹1.03 Cr (FY 2025) | 83.0% | Hyderabad, Telangana, India | |||
| Gururaya Solutions Private Limited | ₹1.03 Cr (FY 2024) | 38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Progenx Technology Private Limited, buy the company report.
Auditor
Progenx Technology Private Limited is audited by Shah And Jain for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah And Jain | FY 2023 | 009772S |
Shareholding
The shareholding of Progenx Technology Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progenx Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progenx Technology 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 Progenx Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progenx Technology Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Progenx Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP2524K1Z1 | Karnataka | Active | 21 Nov 2021 |
To see the full GST registrations and return filing status of Progenx Technology Private Limited, buy the company report.
Recent activity
Progenx Technology Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Mundayadan Sudhamani was appointed as Director on 01 Sep 2021.
Frequently asked questions
Progenx Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 September 2021 (5+ years old) and is registered under CIN U72900KA2021PTC151257.
Progenx Technology has 2 current directors:
- Payyan Kaddanchirakkal Gangadharan - Director
- Mundayadan Sudhamani - Director
The latest financial statements of Progenx Technology 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 2022 are in the company report.
The GSTIN of Progenx Technology is 29AAMCP2524K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Progenx Technology is U72900KA2021PTC151257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progenx Technology was incorporated on 01 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Progenx Technology by revenue are Wegren Technologies Private Limited, Thikai Innovations Private Limited, Ooru Digital Private Limited, Inspavo Consultancy Services Private Limited, Mahati Information Technology Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mundayadan Sudhamani was appointed as Director on 01 Sep 2021. Payyan Kaddanchirakkal Gangadharan was appointed as Director on 01 Sep 2021.
Progenx Technology can be reached through the website progenxtech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Progenx Technology is at No 132 Vinayaka Layout Puttenahalli 4th Cross Yelahanka, Bangalore, Karnataka, India – 560064.
Progenx Technology operates in the information technology industry, in the IT consulting and support services segment.
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