India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,482 Himanshu Chandra & family ₹1,400 Cr
Progfin Private Limited
Progfin Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2025
₹257.99 Cr
▲ 137% YoY
Net profit · FY 2025
₹12.16 Cr
Net margin 4.7%
EBITDA · FY 2025
₹115.21 Cr
EBITDA margin 44.7%
Authorised capital
₹47 Cr
Registered with MCA
Paid-up capital
₹42.77 Cr
Issued & subscribed
Open charges
₹1,956 Cr
Satisfied ₹1,401.99 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
458
Provident fund records
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.
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 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 720 filed by the company and 14 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 4 peer companies in the BFSI industry (NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is North West Metal Private Limited with revenue of ₹1.23 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U67120DL1992PTC425089
Registration Number 425089
Incorporation Date 25 August 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Desiderata Impact Ventures Private Limited
Compliance Status Active Compliant
CIN history
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 |
Key People
Pallavi Shrivastava Whole-Time Director Himanshu Chandra Director Ashish Kumar Singh Director Recognitions & Rankings of Progfin
Contact details
Progfin Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Tower A C – 3 Qutab Institutional Area, Katwaria Sarai, New Delhi, Delhi, India – 110016
- IndustryFinancial Services, NBFC
To see the full contact details of Progfin Private Limited, buy the company report.
Comprehensive company report
Progfin 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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 |
Business activity
The main business activity of Progfin is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Progfin Private Limited, buy the company report.
Financials of Progfin Private Limited
FY 2025 filings availableProgfin Private Limited reported revenue of ₹257.99 Cr (up 137% YoY) for FY 2025.
Revenue · FY 2025
₹257.99 Cr ▲ 137%
Net profit · FY 2025
₹12.16 Cr margin 4.7%
EBITDA · FY 2025
₹115.21 Cr margin 44.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 667%
5 years · compounded
▲ 275%
EBITDA CAGR growth
1 year
▲ 288%
3 years · compounded
▲ 498%
5 years · compounded
▲ 222%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Progfin Private Limited, buy the company report.
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.
Current Directors
| 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 5 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 5 Months | Current |
Peer comparison
Progfin Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Progfin Private Limitedthis company | ₹257.99 Cr (FY 2025) | ₹12.16 Cr | 4.7% | 137.0% | 458 | New Delhi, Delhi, India |
| North West Metal Private Limited | ₹1.23 Cr (FY 2024) | 17.0% | Haryana, 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 |
To see the full peer comparison of Progfin Private Limited, buy the company report.
Auditor
Progfin Private Limited is audited by Sachin Maheshwari & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sachin Maheshwari & Co. | FY 2022 | 131468W |
Shareholding
The shareholding of Progfin Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progfin Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1,956 Cr
Satisfied charges
₹1,401.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2026 | 101383084 | Others | ₹75 Cr | Open | |
| 31 Jul 2026 | 101368226 | Others | ₹20 Cr | Open | |
| 31 Jul 2026 | 101368233 | Others | ₹25 Cr | Open | |
| 13 Apr 2026 | 101272254 | Others | ₹30 Cr | Open | |
| 31 Mar 2026 | 101274629 | Others | ₹30 Cr | Open |
To see the full charge records of Progfin Private Limited, buy the company report.
Total charge records: 115 View all charges
Deals & funding
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.
Total deals
18
Secondary share transfers
10
Acquisitions
3
Rights issues
2
Funding rounds
2
Disclosed funding
₹60.55 Cr
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 |
To see the full deal history of Progfin Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Progfin Private Limited has 734 court cases on record: 720 filed by Progfin, 14 filed against it. 609 cases are pending and 125 are disposed.
Total cases
734
Filed by the company
720
Filed against the company
14
Pending
609
Disposed
125
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 722 | 9 | 605 |
| NCLAT | 6 | 1 | 0 |
| High courts | 5 | 4 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 734)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Janki Laljee Developers India Private Limited | Pending |
| High Court | Commercial suit | Filed against the company by GBL Chemical Limited and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S Ganesh Benzoplast Limited | Disposed |
| High Court | Court case (LPETN) | Filed against the company by GBL Chemical Limited DSK Legal and 2 others | Disposed |
| District court, South, Delhi | Revision petition | Filed against the company by Ganesh Benzoplast Ltd | Disposed |
To see the full case history of Progfin Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progfin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progfin Private Limited has a workforce of 458 employees on its EPFO records as of Jan 25, 2026, across 1 active EPFO establishment.
Employee count
458
Active EPFO establishments
1
Employee growth
3.85%
GST
Progfin has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH7829P1ZZ | Delhi | Active | 08 Dec 2022 |
To see the full GST registrations and return filing status of Progfin Private Limited, buy the company report.
Recent activity
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.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101383084 was registered on 25 Aug 2026.
Charges
A charge registered on 26 Sep 2025 via Charge ID 101168620 with Others was fully satisfied on 17 Aug 2026.
Charges
A charge registered on 29 Sep 2025 via Charge ID 101166903 with Others was fully satisfied on 11 Aug 2026.
Charges
A charge with Others of Rs. 40.00 Cr registered on 25 Oct 2024 with Charge ID 100997869 was modified on 05 Aug 2026.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101368226 was registered on 31 Jul 2026.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101368233 was registered on 31 Jul 2026.
Charges
A charge with Others of Rs. 40.00 Cr registered on 30 Apr 2024 with Charge ID 100923036 was modified on 31 Jul 2026.
Charges
A charge registered on 29 Jul 2024 via Charge ID 100964908 with Others was fully satisfied on 17 Jul 2026.
Charges
A charge with Others of Rs. 32.00 Cr registered on 02 Apr 2025 with Charge ID 101093673 was modified on 25 Jun 2026.
Appointed
Upma Goel was appointed as Additional Director.
Charges
A charge registered on 29 Apr 2025 via Charge ID 101090113 with Others was fully satisfied on 21 May 2026.
Charges
A charge registered on 29 Apr 2025 via Charge ID 101090111 with Others was fully satisfied on 21 May 2026.
186 earlier events are in the company report.
Frequently asked questions
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 has 4 current directors:
- Pallavi Shrivastava - Whole-Time Director
- Himanshu Chandra - Director
- Ashish Kumar Singh - Director
- Upma Goel - Additional Director
The latest financial statements of Progfin 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 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: 720 filed by the company and 14 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 North West Metal Private Limited, Devyani Infrastructure and Credits Private Limited, Poonawalla Holdings Pvt Ltd, Fennel Investment and Finance Private Limited, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Upma Goel was appointed as Additional Director on 25 May 2026. Ashish Kumar Singh was appointed as Director on 26 May 2025. Amrut Tilak Shah ceased to be Director on 12 Aug 2022. Progfin has 12 board changes on record in total.
The registered office of Progfin is at 1st Floor Tower A C – 3 Qutab Institutional Area, Katwaria Sarai, New Delhi, Delhi, India – 110016.