Progression Infonet Private Limited Company Logo

Progression Infonet Private Limited - Company Profile

It is a information technology private limited company based in New Delhi, Delhi, India, established in 1995.

1995 | New Delhi, Delhi, India | Active
Last Updated:

About Progression Infonet Private Limited

Progression Infonet Private Limited, a active private limited company, was established on 22 September 1995 in New Delhi, Delhi, India. Engaging in it products retail & distribution within the information and communication sector, it holds CIN: U74899DL1995PTC072638. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.06 Cr.

Formerly known as Progression Service India Private Limited. It upholds a compliant status. Employing 231 professional, Its leadership includes Param Hooda (Director), Jai Bhagwan Hooda (Whole-Time Director), Sarthak Hooda (Director). Past directors included Param Hooda, Rohit Luthra, Sarthak Hooda. It holds ₹41.11 Cr open charges and ₹27.16 Cr settled loans. Its latest AGM occurred on 04 November 2024, with the balance sheet filed on 31 March 2024. It is based at 6/41 209 2Nd Floor Sunder Kiran Building, Wea Karol Bagh, New Delhi, Delhi, 110005.

Company Details

  • CIN/LLPIN

    U74899DL1995PTC072638

  • Registration Number

    072638

  • Incorporation Date

    22 September 1995

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹2.06 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.11 Cr
  • Satisfied Charges ₹ 27.16 Cr
  • Revenue Growth 41.10%
  • Profit Growth 72.00%
  • Ebitda 32.77%
  • Net Worth 38.88%
  • Total Assets -7.63%
Company report

Progression Infonet Private Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at Progression Infonet Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Param HoodaDirector06 Mar 2024Current
Jai Bhagwan HoodaWhole-Time Director22 Sep 1995Current
Sarthak HoodaDirector06 Mar 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director03 Nov 2024Past
Pramod AbcsddWhole-Time Director07 Mar 2024Past
Pramod AbcsddAdditional Director03 Nov 2024Past
Pramod AbcsddAdditional Director-Past

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Financial Performance of Progression Infonet.

Progression Infonet Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.1% increase. The company also saw a substantial improvement in profitability, with a 72% increase in profit. The company's net worth Soared by an impressive increase of 38.88%.

Progression Infonet revenue growth over time
Progression Infonet 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
41.10%
Revenue from Operations
40.69%
Total Assets
-7.63%
Profit or Loss
72.00%
Net Worth
38.88%
EBITDA
32.77%

What is the Ownership and Shareholding Structure of Progression Infonet?

In 2023, Progression Infonet had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹411,115,756.20

Satisfied Charges

₹271,596,050.78

Charges Breakdown by Lending Institutions

  • Others : 37.76 Cr
  • Tata Capital Financial Services Limited : 3.00 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
19 Nov 2024Others₹1.70 MOpen
30 Oct 2024Others₹2.50 CrOpen
29 Mar 2024Others₹7.19 MOpen
29 Mar 2024Others₹4.21 MOpen
10 Mar 2023Hdfc Bank Limited₹3.50 MOpen

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How Many Employees Work at Progression Infonet?

Progression Infonet has a workforce of 231 employees as of Mar 28, 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 Progression Infonet Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progression Infonet, 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 Progression Infonet'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 Progression Infonet

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101014773 was registered on 19 Nov 2024. was documented.

  • Annual General Meeting

    Progress on Progression Infonet Private Limited last Annual general meeting of members was held on 04 Nov 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101001381 was registered on 30 Oct 2024. was completed.

  • Charges

    A charge with Others of Rs. 25.90 Cr registered on 25 Nov 2019 with Charge ID 100304821 was modified on 30 Oct 2024. was recorded as a recent event.

  • Balance Sheet

    Progression Infonet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100946797 was registered on 29 Mar 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Progression Infonet Private Limited?

    The CIN of Progression Infonet Private Limited is U74899DL1995PTC072638.

  • Where is Progression Infonet Private Limited headquartered?

    Progression Infonet Private Limited is headquartered at 6/41 209 2Nd Floor Sunder Kiran Building, Wea Karol Bagh, New Delhi, Delhi, 110005.

  • When was Progression Infonet Private Limited incorporated?

    Progression Infonet Private Limited was incorporated on 22 September 1995.

  • Who are the current directors of Progression Infonet Private Limited?

    The current directors of Progression Infonet Private Limited are

  • What is the primary industry of Progression Infonet Private Limited?

    The primary industry of Progression Infonet Private Limited is Information And Communication.

  • Is Progression Infonet Private Limited a listed company?

    Progression Infonet Private Limited is unlisted.

  • What is the capital structure of Progression Infonet Private Limited?

    The authorized capital of Progression Infonet Private Limited is ₹5.00 Cr, and the paid-up capital is ₹2.06 Cr.

  • What is the compliance status of Progression Infonet Private Limited?

    The compliance status of Progression Infonet Private Limited is Compliant.

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