About Progressive Global Finance Private Limited
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Progressive Global Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 20 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2008PTC188366.
The company has an authorised share capital of ₹11.3 Cr and a paid-up capital of ₹11.26 Cr. It is led by directors Anil Nandkumar Gaggar and Aditya Anil Gaggar.
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 122 – 123 – 124 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.97 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹9.51 Cr (net margin 119.3%) and EBITDA of ₹10.84 Cr (EBITDA margin 136%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 10% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressiveshares.com.
Company details
Contact details
Progressive Global Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is progressiveshares.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address122 – 123 – 124 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Progressive Global Finance 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 Global Finance is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Progressive Global Finance Private Limited, buy the company report.
Financials of Progressive Global Finance Private Limited
FY 2025 filings availableProgressive Global Finance Private Limited reported revenue of ₹7.97 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 15% growth in the latest year. EBITDA rose 25% 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 | ₹10.84 Cr | ||||
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| Net Profit (PAT) | ₹9.51 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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| EBITDA Margin | 136% | ||||
| Net Profit Margin | 119.3% | ||||
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To see the full financial statements and ratios of Progressive Global Finance Private Limited, buy the company report.
Board of directors of Progressive Global Finance Private Limited
Progressive Global Finance has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Nandkumar Gaggar | Director | 20 Nov 2008 | 17 Years 11 Months | Current |
| Aditya Anil Gaggar | Director | 28 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Progressive Global Finance Private Limited is audited by BANSHI JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSHI JAIN & ASSOCIATES | FY 2023 | 100990W |
Shareholding
The shareholding of Progressive Global Finance 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 Global Finance Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Global Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Global Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Progressive Global Finance has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Progressive Global Finance Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Progressive Global Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Global Finance Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Ranjana Anil Gaggar ceased to be Director on 01 Dec 2017.
Frequently asked questions
Progressive Global Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 20 November 2008 (18+ years old) and is registered under CIN U65990MH2008PTC188366.
Progressive Global Finance has 2 current directors:
- Anil Nandkumar Gaggar - Director
- Aditya Anil Gaggar - Director
The latest financial statements of Progressive Global Finance 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 CIN (Corporate Identification Number) of Progressive Global Finance is U65990MH2008PTC188366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Global Finance was incorporated on 20 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Ranjana Anil Gaggar ceased to be Director on 01 Dec 2017. Aditya Anil Gaggar was appointed as Director on 28 Feb 2015. Anil Nandkumar Gaggar was appointed as Director on 20 Nov 2008.
Progressive Global Finance can be reached through the website progressiveshares.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Progressive Global Finance is at 122 – 123 – 124 Laxmi Plaza Laxmi Industrial Estate New Link Road Andheri W, Mumbai, Maharashtra, India – 400053.
Progressive Global Finance operates in the financial services industry, in the nbfc segment.
The compliance status of Progressive Global Finance is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
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