About Progress Life Sciences Private Limited
Data last updated: 08 January 2026
Progress Life Sciences Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 08 September 2014, the company has been in operation for over 12 years.
Registered with ROC Mumbai under CIN U74999MH2014PTC257867.
Capital: an authorised share capital of ₹30 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Balasaheb Laxman Nikam and Laxman Dagadu Nikam.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No.17 And 18 Office No. 225 Platinum Techno Park Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.83 Cr, a growth of 1% compared to the previous year.
The company has a workforce of approximately 16 employees as per the latest available data.
The company is associated with 1 brand - Progress Life Sciences. As per MCA filings, the company has open charges of ₹10.27 Cr and satisfied charges of ₹2.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progresslifesciences.com.
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Registered AddressPlot No.17 And 18 Office No. 225 Platinum Techno Park Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400703
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IndustryPharma, API Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Progress Life Sciences Private Limited
Progress Life Sciences Private Limited operates one associated brand: Progress Life Sciences. These brands represent Progress Life Sciences Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacture and export of pharmaceutical APIs, intermediates, and related life science products. | progresslifesciences.com |
Business Activity of Progress Life Sciences Private Limited
Progress Life Sciences Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Progress Life Sciences Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Progress Life Sciences Private Limited
Progress Life Sciences Private Limited is audited by V C A N & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V C A N & Associates LLP | Locked | Locked | Locked |
Complete auditor history for Progress Life Sciences Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Progress Life Sciences Private Limited
Progress Life Sciences Private Limited is currently managed by 3 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasaheb Laxman Nikam | Director | 08 Sep 2014 | 11 Years 11 Months | Current |
| Laxman Dagadu Nikam | Director | 22 Sep 2023 | 2 Years 10 Months | Current |
| Ashutosh Kedarnath Pandey | Director | 25 Jul 2023 | 3 Years 0 Months | Current |
Financials of Progress Life Sciences Private Limited FY 2025 filings available
Progress Life Sciences Private Limited reported revenue of ₹27.83 Cr (up 1.00% YoY) for FY 2025.
Ten-year financial statements for Progress Life Sciences Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Progress Life Sciences Private Limited
Shareholding and ownership data for Progress Life Sciences Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Progress Life Sciences Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2024 | Others | ₹5.87 Cr | Open |
| 22 Jun 2024 | Others | ₹4 Cr | Open |
| 21 Jul 2022 | Axis Bank Limited | ₹40 Lakh | Open |
| 18 Feb 2022 | Axis Bank Limited | ₹2.25 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Progress Life Sciences Private Limited
Progress Life Sciences Private Limited has a workforce of 16 employees as of Apr 04, 2024.
Employee and EPFO history for Progress Life Sciences Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Progress Life Sciences Private Limited
GST registrations and filing compliance for Progress Life Sciences Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Progress Life Sciences Private Limited
Credit ratings, litigation, and regulatory alerts for Progress Life Sciences Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Progress Life Sciences Private Limited
MSME payment history for Progress Life Sciences Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Progress Life Sciences Private Limited
Corporate group structure for Progress Life Sciences Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Progress Life Sciences Private Limited
MCA filings and documents for Progress Life Sciences Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Progress Life Sciences Private Limited
Frequently Asked Questions about Progress Life Sciences Private Limited
Progress Life Sciences Private Limited is an active private limited company in the pharma sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 08 September 2014 (12+ years old) and is registered under CIN U74999MH2014PTC257867. The company has 16 employees.
Progress Life Sciences Private Limited reported revenue of ₹27.83 Cr for FY 2025 (up 1.00% YoY).
The current directors of Progress Life Sciences Private Limited are:
- Balasaheb Laxman Nikam - Director
- Laxman Dagadu Nikam - Director
- Ashutosh Kedarnath Pandey - Director
The primary industry of Progress Life Sciences Private Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Progress Life Sciences Private Limited can be reached at the registered office: Plot No.17 And 18 Office No. 225 Platinum Techno Park Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400703, or through the website progresslifesciences.com.
The authorised capital is ₹30 Lakh, and the paid-up capital is ₹1.11 Lakh.