Progressive Infotech Private Limited - Company Profile

It is a information technology private limited company based in East Delhi, Delhi, India, established in 1998.
1998 East Delhi, Delhi, India Active
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About Progressive Infotech Private Limited

Progressive Infotech Private Limited, a active private limited company, was established on 01 January 1998 in East Delhi, Delhi, India. Engaging in cloud computing & cloud services within the information and communication sector, it holds CIN: U51909DL1998PTC091465. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹6.96 Cr and a paid-up capital of ₹1.31 Cr.

It upholds a compliant status. Employing 690 professional, Its leadership includes Aditya Garg (Director), Prateek Garg (Director), Venu Garg (Whole-Time Director). Past directors included Piyush Mittal, Madanmohan Raman Nair Thevarkalathil, Gulshan Kharbanda. It holds ₹13.65 Cr open charges and ₹32.23 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Flat No. 40A, Pocket-D, Sfs Flats, Mayur Vihar, Phase-Iii, East Delhi, Delhi, 110096.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51909DL1998PTC091465

  • Registration Number

    091465

  • Incorporation Date

    01 January 1998

  • Authorized Capital

    ₹6.96 Cr

  • Paid-Up Capital

    ₹1.31 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.96 Cr
  • Paid Up Capital ₹ 1.31 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 13.65 Cr
  • Satisfied Charges ₹ 32.23 Cr
  • Revenue Growth **** -73.69%
  • Profit Growth **** -71.25%
  • Ebitda **** -57.14%
  • Net Worth -4.90%
  • Total Assets -21.64%
Company report

Progressive Infotech Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Progressive Infotech 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 Progressive Infotech Private Limited?
Current Directors
Name Designation Appointment Date Status
Aditya Garg Director 29 May 2020 Current
Prateek Garg Director 01 Jan 1998 Current
Venu Garg Whole-Time Director 01 Mar 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Feb 2010 Past
Pramod Abcsdd Director 15 Sep 2024 Past
Pramod Abcsdd Whole-Time Director 31 Mar 2015 Past
Pramod Abcsdd Additional Director 01 Jun 2020 Past
Pramod Abcsdd Managing Director 31 Mar 2020 Past
Pramod Abcsdd Additional Director 23 Aug 2013 Past

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Financial Performance of Progressive Infotech.

Progressive Infotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.69% decrease. The company also saw a substantial fall in profitability, with a 71.25% decrease in profit. The company's net worth dipped by a decrease of 4.9%.

Progressive Infotech revenue growth over time
Progressive Infotech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -73.69%
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Revenue from Operations
*******
 -73.78%
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*******
*******
*******
Total Assets
*******
 -21.64%
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*******
*******
*******
Profit or Loss
*******
 -71.25%
*******
*******
*******
*******
Net Worth
*******
 -4.90%
*******
*******
*******
*******
EBITDA
*******
 -57.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Infotech?

In 2023, Progressive Infotech had a promoter holding of 99.31% and a public holding of 0.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹136,534,000.00

Satisfied Charges

₹322,338,163.00

Charges Breakdown by Lending Institutions
  • Others : 11.92 Cr
  • Hdfc Bank Limited : 1.73 Cr
Latest Charge Details
Date Lender Amount Status
30 Aug 2025 Hdfc Bank Limited ₹2.50 M Open
17 Jan 2025 Hdfc Bank Limited ₹4.00 M Open
31 Jan 2024 Hdfc Bank Limited ₹1.80 M Open
21 Nov 2023 Hdfc Bank Limited ₹2.00 M Open
14 Jul 2021 Hdfc Bank Limited ₹7.00 M Open

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How Many Employees Work at Progressive Infotech?

Progressive Infotech has a workforce of 690 employees as of Apr 08, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Infotech, 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 Progressive Infotech'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.

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Latest Updates, News, and FAQs on Progressive Infotech
Recent Activity within the Organization
  • Annual General Meeting

    The activity Progressive Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101154939 was registered on 30 Aug 2025. was documented.

  • Balance Sheet

    Progressive Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 6.00 Cr registered on 12 Feb 2018 with Charge ID 100154293 was modified on 26 Feb 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101032917 was registered on 17 Jan 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100858871 was registered on 31 Jan 2024. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Progressive Infotech Private Limited?

The CIN of Progressive Infotech Private Limited is U51909DL1998PTC091465.

Where is Progressive Infotech Private Limited headquartered?

Progressive Infotech Private Limited is headquartered at Flat No. 40A, Pocket-D, Sfs Flats, Mayur Vihar, Phase-Iii, East Delhi, Delhi, 110096.

When was Progressive Infotech Private Limited incorporated?

Progressive Infotech Private Limited was incorporated on 01 January 1998.

Who are the current directors of Progressive Infotech Private Limited?

The current directors of Progressive Infotech Private Limited are

What is the primary industry of Progressive Infotech Private Limited?

The primary industry of Progressive Infotech Private Limited is Information And Communication.

Is Progressive Infotech Private Limited a listed company?

Progressive Infotech Private Limited is unlisted.

What is the capital structure of Progressive Infotech Private Limited?

The authorized capital of Progressive Infotech Private Limited is ₹6.96 Cr, and the paid-up capital is ₹1.31 Cr.

What is the compliance status of Progressive Infotech Private Limited?

The compliance status of Progressive Infotech Private Limited is Compliant.

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