Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U72100MH1998PTC116281 Incorporated 19 August 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹12,770
▼ 24.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹20.01 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
28 yrs
Est. 1998
Last financials
Mar 2025
Balance sheet date

About Progress Software Solutions India Private Limited

Data last updated: 06 February 2026

Progress Software Solutions India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Savvion Inc.. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 19 August 1998, the company has been in operation for over 28 years.

Registered with ROC Mumbai under CIN U72100MH1998PTC116281.

Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.01 Lakh. It is led by directors including Chandra Sekhar Cheruku and Domenic Lococo.

Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: Of10 Prudential Ground Floor Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.

As per the financials filed for FY 2025, the company reported a revenue of ₹12,770, a decline of 24% compared to the previous year.

It operates as a subsidiary of Savvion Inc..

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progress.com.

Company Details of Progress Software Solutions India Private Limited
CIN U72100MH1998PTC116281
Registration Number 116281
Incorporation Date 19 August 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Savvion Inc.
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Of10 Prudential Ground Floor Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
  • Industry
    Information Technology, Application Development & Software Solutions, Computer Hardware Manufacturing & Retail
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Financials, compliance, directors, charges, ownership and filings for Progress Software Solutions India Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Auditor Details of Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited is audited by MOHAN AND NARAYAN 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
MOHAN AND NARAYAN Locked Locked Locked
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Board of Directors of Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Chandra Sekhar Cheruku Director 22 Aug 2023 2 Years 10 Months Current
Domenic Lococo Director 28 Jun 2013 13 Years 0 Months Current
Anthony Alfred Folger Director 11 Oct 2022 3 Years 9 Months Current

Financials of Progress Software Solutions India Private Limited FY 2025 filings available

Progress Software Solutions India Private Limited reported revenue of ₹12,770 (down 24.00% YoY) for FY 2025.

Revenue · FY 2025
₹12,770 ▼ 24.00%
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Ownership and Shareholding of Progress Software Solutions India Private Limited

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Charges & Borrowings Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited has a workforce of 0 employees as of Apr 06, 2024.

Active EPFO establishments
1
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Employee and EPFO history for Progress Software Solutions India Private Limited

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GST Compliance of Progress Software Solutions India Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Progress Software Solutions India Private Limited

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MSME Payment Delays by Progress Software Solutions India Private Limited

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MSME payment history for Progress Software Solutions India Private Limited

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Subsidiaries & Group Companies of Progress Software Solutions India Private Limited

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MCA Filings & Documents of Progress Software Solutions India Private Limited

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MCA filings and documents for Progress Software Solutions India Private Limited

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Recent Activity on Progress Software Solutions India Private Limited

Activity
19 Sep 2025
Progress Software Solutions India Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Progress Software Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
22 Aug 2023
Chandra Sekhar Cheruku was appointed as a Director on 22 Aug 2023 & has been associated with this company since 2 years 10 months.
Directors
11 Oct 2022
Anthony Alfred Folger was appointed as a Director on 11 Oct 2022 & has been associated with this company since 3 years 9 months.
Directors
28 Jun 2013
Domenic Lococo was appointed as a Director on 28 Jun 2013 & has been associated with this company since 13 years 16 days.
Activity
19 Aug 1998
Progress Software Solutions India Private Limited was registered on 19 Aug 1998 with Roc Mumbai & aged 27 years 10 months as per MCA records.

Recent News on Progress Software Solutions India Private Limited

Frequently Asked Questions about Progress Software Solutions India Private Limited

Progress Software Solutions India Private Limited is an active private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 19 August 1998 (28+ years old) and is registered under CIN U72100MH1998PTC116281.

Progress Software Solutions India Private Limited reported revenue of ₹12,770 for FY 2025 (down 24.00% YoY).

The current directors of Progress Software Solutions India Private Limited are:

The primary industry of Progress Software Solutions India Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.

Progress Software Solutions India Private Limited can be reached at the registered office: Of10 Prudential Ground Floor Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076, or through the website progress.com.

The authorised capital is ₹25 Lakh, and the paid-up capital is ₹20.01 Lakh.

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