- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-22-0176777

Progress Alliance Foundation
About Progress Alliance Foundation
Data last updated:
Progress Alliance Foundation is a private not for profit company based in Surat, Gujarat, India. It operates in the education and training segment of the education and learning sector. It was incorporated on 13 July 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80900GJ2022NPL133814.
It is led by directors Amresh Rasiklal Shah and Gopalbhai Haribhai Sheladiya.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.46 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹11.52 Lakh (net margin -21.2%) and EBITDA of -₹10.27 Lakh (EBITDA margin -18.9%).
Progress Alliance Foundation is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0176777). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Progress Alliance Foundation
Contact details
Progress Alliance Foundation's registered office is in Surat, Gujarat.
- Registered AddressOffice No. 8 7th Floor Reliance Mall, Udhna Darwaza, Surat, Gujarat, India – 395002
- IndustryEducation & Learing, Education
- 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 Progress Alliance Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Progress Alliance Foundation, buy the company report.
Financials of Progress Alliance Foundation
FY 2025 filings availableProgress Alliance Foundation reported revenue of ₹54.46 Lakh (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year. EBITDA fell 135% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹10.27 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.52 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -18.9% | ||
| Net Profit Margin | -21.2% | ||
| 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 Progress Alliance Foundation, buy the company report.
Board of directors of Progress Alliance Foundation
Progress Alliance Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amresh Rasiklal Shah | Director | 13 Jul 2022 | 4 Years 3 Months | Current |
| Gopalbhai Haribhai Sheladiya | Director | 13 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Progress Alliance Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teciza Technologies Private Limited | ₹54.54 Lakh (FY 2021) | -39.0% | New Delhi, Delhi, India | |||
| Robinville Environment and Ropeways Technology Private Limited | ₹54.52 Lakh (FY 2023) | 32.0% | New Delhi, Delhi, India | |||
| Runxin Gift Box Private Limited | ₹54.52 Lakh (FY 2024) | -31.0% | Faridabad, Haryana, India | |||
| Connect Freight Logistics Private Limited | ₹54.5 Lakh (FY 2024) | -7.0% | Chennai, Tamil Nadu, India | |||
| RSR Infotech (India) Private Limited | ₹54.48 Lakh (FY 2016) | 3.0% | Hyderabad, Telangana, India | |||
| Progress Alliance Foundationthis company | ₹54.46 Lakh (FY 2025) | -₹11.52 Lakh | -21.2% | -68.0% | Surat, Gujarat, India | |
| Knowledge Base Consulting Services Private Limited | ₹54.42 Lakh (FY 2025) | -2.0% | Chennai, Tamil Nadu, India | |||
| Afraa Engineering Private Limited | ₹54.41 Lakh (FY 2020) | 53.0% | Chandannagar, West Bengal, India | |||
| Nimble Research Private Limited | ₹54.41 Lakh (FY 2025) | -45.0% | Gurgaon, Haryana, India | |||
| Black Tie Production Private Limited | ₹54.4 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| CRRP Infrastructure Private Limited | ₹54.39 Lakh (FY 2023) | -69.0% | Delhi, India |
To see the full peer comparison of Progress Alliance Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Progress Alliance Foundation 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 Progress Alliance Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progress Alliance Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progress Alliance Foundation has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Jimy Hemantkumar Kabrawala ceased to be Director on 26 Nov 2025.
Frequently asked questions
Progress Alliance Foundation is an active private not for profit company based in Surat, Gujarat, India. The company works in education, within the education and learning industry. It was incorporated on 13 July 2022 (4+ years old) and is registered under CIN U80900GJ2022NPL133814.
Progress Alliance Foundation has 2 current directors:
- Amresh Rasiklal Shah - Director
- Gopalbhai Haribhai Sheladiya - Director
The latest financial statements of Progress Alliance Foundation 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Progress Alliance Foundation is U80900GJ2022NPL133814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progress Alliance Foundation was incorporated on 13 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Progress Alliance Foundation by revenue are Teciza Technologies Private Limited, Robinville Environment and Ropeways Technology Private Limited, Runxin Gift Box Private Limited, Connect Freight Logistics Private Limited, RSR Infotech (India) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Jimy Hemantkumar Kabrawala ceased to be Director on 26 Nov 2025. Amresh Rasiklal Shah was appointed as Director on 13 Jul 2022. Gopalbhai Haribhai Sheladiya was appointed as Director on 13 Jul 2022.
Yes, Progress Alliance Foundation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0176777).
The registered office of Progress Alliance Foundation is at Office No. 8 7th Floor Reliance Mall, Udhna Darwaza, Surat, Gujarat, India – 395002.
Progress Alliance Foundation operates in the education and learning industry, in the education segment.
The compliance status of Progress Alliance Foundation is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.

