MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0039099
Progredire Shipping Private Limited - transport and logistics in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.83 Cr
▲ 4083% YoY
Net profit · FY 2025
₹3.5 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹6.14 Lakh
EBITDA margin 3.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Progredire Shipping Private Limited
Data last updated:
Progredire Shipping Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 05 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2015PTC264065. Its GSTIN is 27AAICP1050E1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Jadavji Vikam and Tejveer Kumar.
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 Bldg. No. A1/A Shop No. 7 Cosmos Residency Wagbil G.B Road, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.83 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.5 Lakh (net margin 1.9%) and EBITDA of ₹6.14 Lakh (EBITDA margin 3.4%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 17% over five years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Progredire Shipping Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0039099). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website progredire.in.
Company details
CIN U61100MH2015PTC264065
Registration Number 264065
Incorporation Date 05 May 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0039099
Recognitions & Rankings of Progredire Shipping
Contact details
Progredire Shipping Private Limited's registered office is in Thane, Maharashtra. Its website is progredire.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressBldg. No. A1/A Shop No. 7 Cosmos Residency Wagbil G.B Road, Thane, Maharashtra, India – 400607
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Progredire Shipping Private Limited, buy the company report.
Comprehensive company report
Progredire Shipping 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
Business activity
The main business activity of Progredire Shipping is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Progredire Shipping Private Limited, buy the company report.
Financials of Progredire Shipping Private Limited
FY 2025 filings availableProgredire Shipping Private Limited reported revenue of ₹1.83 Cr (up 4083% YoY) for FY 2025.
Revenue · FY 2025
₹1.83 Cr ▲ 4083%
Net profit · FY 2025
₹3.5 Lakh margin 1.9%
EBITDA · FY 2025
₹6.14 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 52%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▼ 32%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA rose 82% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.5 Lakh | ||||
| 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 | 3.4% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Progredire Shipping Private Limited, buy the company report.
Board of directors of Progredire Shipping Private Limited
Progredire Shipping has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Jadavji Vikam Also directs: Meridian Link Wave (OPC) Private Limited | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
| Tejveer Kumar Also directs: Melhor Shipping LLP, Enntee Shipping Enterprises LLP, Vam Clothing Private Limited and 1 more | Director | 05 May 2015 | 11 Years 5 Months | Current |
Auditor
Progredire Shipping Private Limited is audited by S H V R K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S H V R K & CO | FY 2019 | 115674W |
Shareholding
The shareholding of Progredire Shipping Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Progredire Shipping Private Limited, buy the company report.
Legal cases
Progredire Shipping Private Limited has 4 court cases on record: 2 filed by Progredire Shipping, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Civil suit | Filed against the company by Transafe Services Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by HDFC Bank Ltd Through Poa Suraj Narayane | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State by Kengeri Police Station | Disposed |
To see the full case history of Progredire Shipping 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 Progredire Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progredire Shipping has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP1050E1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progredire Shipping Private Limited, buy the company report.
Recent activity
Progredire Shipping Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Janapria Satgunam ceased to be Additional Director on 15 Jul 2024.
AGM
Progredire Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Progredire Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Janapria Satgunam ceased to be Additional Director.
Appointed
Nitin Jadavji Vikam was appointed as Director.
Ceased
Priti Karsandas Lakhpati ceased to be Director.
Appointed
Tejveer Kumar was appointed as Director.
Incorporation
05 May 2015
Progredire Shipping Private Limited was registered on 05 May 2015 with Roc Mumbai Ii & aged 11 years 5 months as per MCA records.
Frequently asked questions
Progredire Shipping is an active private limited company based in Thane, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 05 May 2015 (11+ years old) and is registered under CIN U61100MH2015PTC264065.
Progredire Shipping has 2 current directors:
- Nitin Jadavji Vikam - Director
- Tejveer Kumar - Director
The latest financial statements of Progredire Shipping 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 2016 are in the company report.
The GSTIN of Progredire Shipping is 27AAICP1050E1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progredire Shipping is U61100MH2015PTC264065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progredire Shipping has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Progredire Shipping was incorporated on 05 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Janapria Satgunam ceased to be Additional Director on 15 Jul 2024. Nitin Jadavji Vikam was appointed as Director on 05 Oct 2023. Priti Karsandas Lakhpati ceased to be Director on 16 Dec 2017. Progredire Shipping has 4 board changes on record in total.
Yes, Progredire Shipping is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0039099).
Progredire Shipping can be reached through the website progredire.in. Its registered office is in Thane, Maharashtra, India.