Progress Software Solutions India Private Limited Company Logo

Progress Software Solutions India Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 1998.

1998 | Mumbai, Maharashtra, India | Active
Last Updated:

About Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited, a active private limited company, was established on 19 August 1998 in Mumbai, Maharashtra, India. Engaging in application development & software solutions within the information technology sector, it holds CIN: U72100MH1998PTC116281. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Chandra Sekhar Cheruku (Director), Domenic Lococo (Director), Anthony Alfred Folger (Director). Past directors included Chandra Sekhar Cheruku, Sivaramakrishnan Ayakkad Narayanan, Mohammad Ali Ketabchi. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Of10, Prudential, Ground Floor, Hiranandani Gardens, Powai,, Mumbai, Maharashtra, 400076.

Company Details

  • CIN/LLPIN

    U72100MH1998PTC116281

  • Registration Number

    116281

  • Incorporation Date

    19 August 1998

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth -8.52%
  • Profit Growth -8.89%
  • Ebitda -8.54%
  • Net Worth -0.92%
  • Total Assets -0.17%
Company report

Progress Software Solutions India Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Progress Software Solutions India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Progress Software Solutions India Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Chandra Sekhar CherukuDirector22 Aug 2023Current
Domenic LococoDirector28 Jun 2013Current
Anthony Alfred FolgerDirector11 Oct 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director28 Sep 2023Past
Pramod AbcsddAdditional Director27 Sep 2019Past
Pramod AbcsddDirector07 Dec 2012Past
Pramod AbcsddDirector01 Jun 2020Past
Pramod AbcsddAdditional Director20 Oct 2020Past
Pramod AbcsddDirector12 Oct 2022Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Progress Software Solutions India.

Progress Software Solutions India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.52% decrease. The company also saw a slight decrease in profitability, with a 8.89% decrease in profit. The company's net worth dipped by a decrease of 0.92%.

Progress Software Solutions India revenue growth over time
Progress Software Solutions India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.52%
Revenue from Operations
Total Assets
-0.17%
Profit or Loss
-8.89%
Net Worth
-0.92%
EBITDA
-8.54%

What is the Ownership and Shareholding Structure of Progress Software Solutions India?

In 2022, Progress Software Solutions India had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Progress Software Solutions India?

Progress Software Solutions India has a workforce of 0 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Progress Software Solutions India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progress Software Solutions India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Progress Software Solutions India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Progress Software Solutions India

Recent Activity within the Organization

  • Annual General Meeting

    The activity Progress Software Solutions India Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress Software Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Chandra Sekhar Cheruku was appointed as a Director was appointed as a Director on 22 Aug 2023 & has been associated with this company since 2 years 3 months . was completed.

  • Director Appointment

    The activity Anthony Alfred Folger was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 3 years 1 month . was completed.

  • Director Appointment

    Domenic Lococo was appointed as a Director was appointed as a Director on 28 Jun 2013 & has been associated with this company since 12 years 5 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Progress Software Solutions India Private Limited was registered on 19 Aug 1998 with Roc Mumbai & aged 27 years 3 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Progress Software Solutions India Private Limited?

    The CIN of Progress Software Solutions India Private Limited is U72100MH1998PTC116281.

  • Where is Progress Software Solutions India Private Limited headquartered?

    Progress Software Solutions India Private Limited is headquartered at Of10, Prudential, Ground Floor, Hiranandani Gardens, Powai,, Mumbai, Maharashtra, 400076.

  • When was Progress Software Solutions India Private Limited incorporated?

    Progress Software Solutions India Private Limited was incorporated on 19 August 1998.

  • Who are the current directors of Progress Software Solutions India Private Limited?

    The current directors of Progress Software Solutions India Private Limited are

  • What is the primary industry of Progress Software Solutions India Private Limited?

    The primary industry of Progress Software Solutions India Private Limited is Information Technology.

  • Is Progress Software Solutions India Private Limited a listed company?

    Progress Software Solutions India Private Limited is unlisted.

  • What is the capital structure of Progress Software Solutions India Private Limited?

    The authorized capital of Progress Software Solutions India Private Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

  • What is the compliance status of Progress Software Solutions India Private Limited?

    The compliance status of Progress Software Solutions India Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial