
Progfin Private Limited
About Progfin Private Limited
Data last updated:
Progfin 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 non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67120DL1992PTC425089. Its GSTIN is 07AAACH7829P1ZZ (Delhi).
The company has an authorised share capital of ₹47 Cr and a paid-up capital of ₹42.77 Cr. It is led by directors including Pallavi Shrivastava (Whole-Time Director) and Himanshu Chandra.
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 1st Floor Tower A C – 3 Qutab Institutional Area, Katwaria Sarai, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹257.99 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹12.16 Cr (net margin 4.7%) and EBITDA of ₹115.21 Cr (EBITDA margin 44.7%). Revenue has grown at a compounded annual rate (CAGR) of 667% over three years and 275% over five years.
The company has about 458 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Progfin. As per MCA filings, the company has open charges of ₹1,956 Cr and satisfied charges of ₹1,401.99 Cr on record. Court records list 734 cases involving the company, including 721 filed by the company and 7 filed against it; 609 cases are pending. The company has 18 deals on record (10 secondary share transfers, 3 acquisitions, 2 rights issues), with disclosed funding of ₹60.55 Cr; the latest was in March 2024. Its 10 peer companies in the BFSI industry (NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Dharower Financial Services Private Limited with revenue of ₹1.23 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address1st Floor Tower A C – 3 Qutab Institutional Area, Katwaria Sarai, New Delhi, Delhi, India – 110016
- IndustryFinancial Services, NBFC
- 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
Business Activity of Progfin Private Limited
The main business activity of Progfin is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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.
Financials of Progfin Private Limited FY 2025 filings available
Progfin Private Limited reported revenue of ₹257.99 Cr (up 137% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progfin Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 275% over five years, including 137% growth in the latest year. EBITDA rose 288% 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 Progfin Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹257.99 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹115.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.16 Cr | •••• | •••• | •••• | •••• |
| 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 of Progfin Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Progfin are in the company report.
Financial statements from 2015
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.
Peer Comparison of Progfin Private Limited
Progfin Private Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progfin Private Limited this company | ₹257.99 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | New Delhi, Delhi, India |
| Dharower Financial Services Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 388.0% | •••• | New Delhi, Delhi, India |
| Lloyd Capital Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 457.0% | •••• | Mumbai, Maharashtra, India |
| North West Metal Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Haryana, India |
| Harinder Hire Purchase Limited | ₹1.22 Cr (FY 2015) | •••• | •••• | -5.0% | •••• | Punjab, India |
| Devyani Infrastructure and Credits Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jaipur, Rajasthan, India |
| Poonawalla Holdings Pvt Ltd | ₹1.19 Cr (FY 2017) | •••• | •••• | -95.0% | •••• | Pune, Maharashtra, India |
| Fennel Investment and Finance Private Limited | ₹1.17 Cr (FY 2019) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Radian Finserv Private Limited | ₹1.16 Cr (FY 2023) | •••• | •••• | 527.0% | •••• | Bangalore, Karnataka, India |
| Kiyansh Finance Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Bangalore, Karnataka, India |
| Ujjwal Commodities Private Limited. | ₹1.14 Cr (FY 2025) | •••• | •••• | 5318.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Progfin by revenue in the BFSI industry (NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Progfin Private Limited
Progfin Private Limited is audited by Sachin Maheshwari & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sachin Maheshwari & 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 Progfin Private Limited
Progfin has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Shrivastava | Whole-Time Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Himanshu Chandra | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Ashish Kumar Singh | Director | 26 May 2025 | 1 Years 4 Months | Current |
| Upma Goel Also directs: Simpolo Vitrified Private Limited, Agriwise Finserv Limited, Religare Finvest Limited and 1 more | Additional Director | 25 May 2026 | 0 Years 4 Months | Current |
Ownership and Shareholding of Progfin 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 Progfin Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2026 | Others | ₹75 Cr | Open |
| 31 Jul 2026 | Others | ₹20 Cr | Open |
| 31 Jul 2026 | Others | ₹25 Cr | Open |
| 13 Apr 2026 | Others | ₹30 Cr | Open |
| 31 Mar 2026 | Others | ₹30 Cr | Open |
Total charge records: 115 View all charges
Deals & Funding of Progfin Private Limited
Progfin Private Limited has 18 deals on record (10 secondary share transfers, 3 acquisitions, 2 rights issues), with disclosed funding of ₹60.55 Cr; the latest was in March 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹150 Cr | Investors: Desiderata Impact Ventures Private Limited , Desiderata Impact Ventures Private |
| Jun 2023 | Rights issue | ₹50 Cr | Investors: Desiderata Impact Ventures Private Limited |
| Jan 2023 | Acquisition | ₹180 Cr | Buyer: Desiderata Impact Ventures Private Limited |
| Nov 2022 | Acquisition | ₹111 Cr | Buyer: Desiderata Impact Ventures Private Limited |
| Nov 2022 | Acquisition | Undisclosed | Buyer: Desiderata Impact Ventures Private Limited Seller: Anant Synthetics Private Limited , Satish Khimji Gala HUF, 2 individuals |
Full deal history
All 18 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Progfin Private Limited
Progfin Private Limited has 734 court cases on record: 721 filed by Progfin, 7 filed against it, 6 where it is another party. 609 cases are pending and 125 are disposed. Status as checked between 21 Sep 2026 and 23 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 721 | 3 | 604 |
| NCLAT | 6 | 1 | 0 |
| High courts | 6 | 3 | 5 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 734)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Cis Automobiles LLP | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Shree Chakra Sales Private Limited | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Royal Wheels Private Limited | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Shri Sooryaa Build Pro (Ind) Private Limited | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Omega Glass Private Limited | Pending |
Full case history
All 734 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Progfin Private Limited
Progfin operates one associated brand: Progfin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Progfin offers non-banking financial services tailored for entrepreneurs and small businesses. | progfin.in |
Employees and EPFO Compliance at Progfin Private Limited
Progfin Private Limited has a workforce of 458 employees as of Jan 25, 2026.
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.
CIN History of Progfin Private Limited
Progfin has one previous CIN (Corporate Identification Number): U67120MH1992PTC068281. The current CIN is U67120DL1992PTC425089, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120DL1992PTC425089 | Current |
| U67120MH1992PTC068281 | Previous |
Recent Activity on Progfin Private Limited
Progfin Private Limited has 12 board changes on record since 1992: 8 appointments and 4 cessations. The latest: Upma Goel was appointed as Additional Director on 25 May 2026.
186 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Progfin 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 Progfin 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 Progfin 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.
GST Compliance of Progfin Private Limited
Progfin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH7829P1ZZ | Delhi | Active | 08 Dec 2022 |
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.
MCA Filings & Documents of Progfin 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.
Frequently Asked Questions about Progfin Private Limited
Progfin is an active private limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 25 August 1992 (34+ years old) and is registered under CIN U67120DL1992PTC425089.
Progfin reported revenue of ₹257.99 Cr for FY 2025 (up 137% YoY).
Progfin has 4 current directors:
- Pallavi Shrivastava - Whole-Time Director
- Himanshu Chandra - Director
- Ashish Kumar Singh - Director
- Upma Goel - Additional Director
Progfin reported a net profit of ₹12.16 Cr (net margin 4.7%) and EBITDA of ₹115.21 Cr (EBITDA margin 44.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progfin is 667% over three years and 275% over five years. In the latest year (FY 2025) revenue rose 137%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progfin is 07AAACH7829P1ZZ, registered in Delhi.
The CIN (Corporate Identification Number) of Progfin is U67120DL1992PTC425089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progfin has 734 court cases on record: 721 filed by the company and 7 filed against it. 609 are pending. Most are in the district courts.
Progfin was incorporated on 25 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Progfin has 18 deals on record (10 secondary share transfers, 3 acquisitions, 2 rights issues), with disclosed funding of ₹60.55 Cr; the latest was in March 2024.
The peers of Progfin by revenue are Dharower Financial Services Private Limited, Lloyd Capital Private Limited, North West Metal Private Limited, Harinder Hire Purchase Limited, Devyani Infrastructure and Credits Private Limited and 5 more, all in the BFSI industry (NBFC).