About Progov Solutions Private Limited
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Progov Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 29 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC261469. Its GSTIN is 27AAICP0843R1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nikhil Vilas Dikshit and Madhav Sudhir Bhagwat.
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 A – 301 Royal Apartment Plot No 36 – 37 Prarthana Samaj Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.48 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹28.71 Lakh (net margin 19.4%) and EBITDA of ₹29.51 Lakh (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 35% over five years.
The company is associated with 1 brand: Progov.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progov.in.
Company details
Contact details
Progov Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is progov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 301 Royal Apartment Plot No 36 – 37 Prarthana Samaj Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Progov 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
Business activity
The main business activity of Progov Solutions is professional, scientific and technical activities. 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 activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Progov Solutions Private Limited, buy the company report.
Financials of Progov Solutions Private Limited
FY 2025 filings availableProgov Solutions Private Limited reported revenue of ₹1.48 Cr (up 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 92% growth in the latest year. EBITDA rose 491% 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 |
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| EBITDA | ₹29.51 Lakh | ||||
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| Net Profit (PAT) | ₹28.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 19.4% | ||||
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To see the full financial statements and ratios of Progov Solutions Private Limited, buy the company report.
Board of directors of Progov Solutions Private Limited
Progov Solutions has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Vilas Dikshit | Director | 29 Jan 2015 | 11 Years 8 Months | Current |
| Madhav Sudhir Bhagwat | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Pradeep Brijmohan Mundra Also directs: Thehco Green Tech Private Limited | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Ravindra Vishwanath Bapat | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Jitendra Sudhakar Samant | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Vilas Vasant Dikshit | Director | 29 Jan 2015 | 11 Years 8 Months | Current |
Auditor
Progov Solutions Private Limited is audited by VELANKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VELANKAR & ASSOCIATES | FY 2023 | 048992 |
Shareholding
The shareholding of Progov Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progov Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progov 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 Progov Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progov Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP0843R1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progov Solutions Private Limited, buy the company report.
Recent activity
Progov Solutions Private Limited has 7 board changes on record since 2015: 6 appointments and 1 cessation. The latest: Atul Ramachandra Thakur ceased to be Director on 15 Nov 2018.
Frequently asked questions
Progov Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 29 January 2015 (11+ years old) and is registered under CIN U74900MH2015PTC261469.
Progov Solutions has 6 current directors:
- Nikhil Vilas Dikshit - Director
- Madhav Sudhir Bhagwat - Director
- Pradeep Brijmohan Mundra - Director
- Ravindra Vishwanath Bapat - Director
- Jitendra Sudhakar Samant - Director
- Vilas Vasant Dikshit - Director
The latest financial statements of Progov 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 Progov Solutions is 27AAICP0843R1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progov Solutions is U74900MH2015PTC261469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progov Solutions was incorporated on 29 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Ramachandra Thakur ceased to be Director on 15 Nov 2018. Jitendra Sudhakar Samant was appointed as Director on 20 Mar 2017. Madhav Sudhir Bhagwat was appointed as Director on 20 Mar 2017. Progov Solutions has 7 board changes on record in total.
Progov Solutions can be reached through the website progov.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Progov Solutions is at A – 301 Royal Apartment Plot No 36 – 37 Prarthana Samaj Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
Progov Solutions operates in the travel and hospitality industry, in the consumer professional services segment.