Progressive Commodeal Private Limited
About Progressive Commodeal Private Limited
Data last updated:
Progressive Commodeal Private Limited is a private limited company based in Swarup Nagar, Uttar Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2007PTC233657.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.58 Cr. It is led by directors Rasika Harkishandas Sanghavi and Charu Katyyal.
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 Swarup Nagar, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.09 Lakh (net margin 83.5%) and EBITDA of ₹17.09 Lakh (EBITDA margin 83.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Progressive Commodeal Private Limited
Progressive Commodeal has one previous CIN (Corporate Identification Number): U51909WB2007PTC118420. The current CIN is U51909UP2007PTC233657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909UP2007PTC233657 | Current |
| U51909WB2007PTC118420 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address7/192C Swaroop Nagar, Kanpur, Swarup Nagar, Uttar Pradesh, India – 208002
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Progressive Commodeal Private Limited
The main business activity of Progressive Commodeal is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Progressive Commodeal Private Limited FY 2025 filings available
Progressive Commodeal Private Limited reported revenue of ₹20.46 Lakh (up 1812% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Commodeal Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. 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 of Progressive Commodeal Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.09 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Progressive Commodeal Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 83.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Progressive Commodeal are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Progressive Commodeal Private Limited
Progressive Commodeal has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasika Harkishandas Sanghavi Also directs: Swift Tracom Private Limited, Kuber Trexim Pvt Ltd, Roplas Dealcomm Pvt Ltd and 5 more | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Charu Katyyal Also directs: Tirupati Commodeal Private Limited, Novelty Commodities Private Limited, Clothwari Roadlines LLP and 5 more | Director | 12 Dec 2015 | 10 Years 10 Months | Current |
Peer Comparison of Progressive Commodeal Private Limited
Progressive Commodeal Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navi Securities Private Limited | ₹20.6 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Silver Quest (India) Private Limited | ₹20.59 Lakh (FY 2016) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Sri Sairam Global Securities Limited. | ₹20.56 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Equimart Broking Services (OPC) Private Limited | ₹20.54 Lakh (FY 2017) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Dotname Online Private Limited | ₹20.51 Lakh (FY 2022) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Progressive Commodeal Private Limited this company | ₹20.46 Lakh (FY 2025) | •••• | •••• | 1812.0% | •••• | Swarup Nagar, Uttar Pradesh, India |
| Asbee Marketing Limited | ₹20.42 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Narasimha Securities Private Limited | ₹20.41 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Hyderabad, Telangana, India |
| Merlin Holdings Private Limited | ₹20.4 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Motilal Oswal Commodities Broker Private Limited | ₹20.37 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Crescent Securities Limited | ₹20.36 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Progressive Commodeal by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Progressive Commodeal Private Limited
Progressive Commodeal Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Commodeal Private Limited
Employment history and EPFO contributions of people linked to Progressive Commodeal.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Progressive Commodeal Private Limited
Progressive Commodeal Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Rasika Harkishandas Sanghavi was appointed as Director on 13 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Commodeal Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Progressive Commodeal Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Progressive Commodeal Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Progressive Commodeal Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progressive Commodeal Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Progressive Commodeal Private Limited
Progressive Commodeal is an active private limited company based in Swarup Nagar, Uttar Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 September 2007 (19+ years old) and is registered under CIN U51909UP2007PTC233657.
Progressive Commodeal reported revenue of ₹20.46 Lakh for FY 2025 (up 1812% YoY).
Progressive Commodeal has 2 current directors:
- Rasika Harkishandas Sanghavi - Director
- Charu Katyyal - Director
Progressive Commodeal reported a net profit of ₹17.09 Lakh (net margin 83.5%) and EBITDA of ₹17.09 Lakh (EBITDA margin 83.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Commodeal is -18% over three years and -4% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Progressive Commodeal is U51909UP2007PTC233657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Commodeal was incorporated on 07 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Progressive Commodeal by revenue are Navi Securities Private Limited, Silver Quest (India) Private Limited, Sri Sairam Global Securities Limited, Equimart Broking Services (OPC) Private Limited, Dotname Online Private Limited and 5 more, all in the BFSI industry (Broking Services).
Rasika Harkishandas Sanghavi was appointed as Director on 13 Sep 2017. Yogesh Kumar ceased to be Director on 13 Sep 2017. Tanmoy Dutta ceased to be Director on 16 Mar 2017. Progressive Commodeal has 8 board changes on record in total.
The registered office of Progressive Commodeal is at 7192C Swaroop Nagar, Kanpur, Swarup Nagar, Uttar Pradesh, India – 208002.
Progressive Commodeal has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.58 Cr.