About Progressive Autoserve Private Limited
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Progressive Autoserve Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 07 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL2008PTC177739. Its GSTIN is 07AAECP6440J1ZA (Delhi).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Madhu Yadav and Gajinder Yadav.
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 Shop No. 18 First Floor Block – Sd Near Metro Station Pitampura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.72 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 2.4%) and EBITDA of ₹3.05 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 28% over five years.
The company has about 619 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹110.39 Cr and satisfied charges of ₹19.97 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressiveamc.co.in.
Company details
Contact details
Progressive Autoserve Private Limited's registered office is in New Delhi, Delhi. Its website is progressiveamc.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 18 First Floor Block – Sd Near Metro Station Pitampura, New Delhi, Delhi, India – 110034
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Progressive Autoserve Private Limited, buy the company report.
- 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 Progressive Autoserve is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Progressive Autoserve Private Limited, buy the company report.
Financials of Progressive Autoserve Private Limited
FY 2025 filings availableProgressive Autoserve Private Limited reported revenue of ₹63.72 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 110% growth in the latest year. EBITDA rose 40% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.05 Cr | ||||
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| Net Profit (PAT) | ₹1.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Progressive Autoserve Private Limited, buy the company report.
Board of directors of Progressive Autoserve Private Limited
Progressive Autoserve has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Yadav Also directs: Trinetra Motors LLP, Express Autotech LLP | Director | 07 Jan 2020 | 6 Years 10 Months | Current |
| Gajinder Yadav | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Progressive Autoserve Private Limited is audited by AGGARWAL DINESH & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL DINESH & COMPANY | FY 2022 | 006346N |
Shareholding
The shareholding of Progressive Autoserve Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Autoserve Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2024 | 100857044 | Others | ₹23 Cr | Open | |
| 06 Jan 2024 | 100859514 | State Bank of India | ₹49.73 Cr | Open | |
| 28 Dec 2023 | 100850212 | Others | ₹36.96 Cr | Open | |
| 07 Aug 2023 | 100799947 | Axis Bank Limited | ₹69.83 Lakh | Open | |
| 26 Jun 2024 | 100951931 | State Bank of India | ₹18.27 Cr | Satisfied |
To see the full charge records of Progressive Autoserve Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Progressive Autoserve Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Shahdara, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Progressive Autoserve Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Autoserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progressive Autoserve Private Limited has a workforce of 619 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Progressive Autoserve has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECP6440J1ZA | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Autoserve Private Limited, buy the company report.
Recent activity
Progressive Autoserve Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Vivek Bhatia ceased to be Additional Director on 30 Sep 2022.
9 earlier events are in the company report.
Frequently asked questions
Progressive Autoserve is an active private limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 07 May 2008 (18+ years old) and is registered under CIN U34300DL2008PTC177739.
Progressive Autoserve has 2 current directors:
- Madhu Yadav - Director
- Gajinder Yadav - Director
The latest financial statements of Progressive Autoserve 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 2015 are in the company report.
The GSTIN of Progressive Autoserve is 07AAECP6440J1ZA, registered in Delhi.
The CIN (Corporate Identification Number) of Progressive Autoserve is U34300DL2008PTC177739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Autoserve has 7 court cases on record: 7 filed against it.
Progressive Autoserve was incorporated on 07 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Vivek Bhatia ceased to be Additional Director on 30 Sep 2022. Devender Yadav ceased to be Whole-Time Director on 25 Feb 2021. Gajinder Yadav was appointed as Director on 25 Feb 2021. Progressive Autoserve has 6 board changes on record in total.
Progressive Autoserve can be reached through the website progressiveamc.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Progressive Autoserve is at Shop No. 18 First Floor Block – Sd Near Metro Station Pitampura, New Delhi, Delhi, India – 110034.
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