Progressive Share Brokers Private Limited Company Logo

Progressive Share Brokers Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1994.

1994 | Mumbai, Maharashtra, India | Active
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About Progressive Share Brokers Private Limited

Progressive Share Brokers Private Limited, a active private limited company, was established on 20 September 1994 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U67120MH1994PTC176096. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Progressive Securities Private Limited. It upholds a compliant status. Employing 77 professional, Its leadership includes Anil Nandkumar Gaggar (Whole-Time Director), Aditya Anil Gaggar (Whole-Time Director), Anirudh Anil Gaggar (Director). Past directors included Anil Nandkumar Gaggar, Mahesh Gaggar, Anand Kumar Khadariya. It holds ₹145.00 Cr open charges and ₹28.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 122-123-124, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (W),, Mumbai, Maharashtra, 400053.

Company Details

  • CIN/LLPIN

    U67120MH1994PTC176096

  • Registration Number

    176096

  • Incorporation Date

    20 September 1994

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 145.00 Cr
  • Satisfied Charges ₹ 28.50 Cr
  • Revenue Growth -9.66%
  • Profit Growth -17.62%
  • Ebitda -102.32%
  • Net Worth 9.05%
  • Total Assets 14.16%
Company report

Progressive Share Brokers Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Progressive Share Brokers 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 Share Brokers Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Anil Nandkumar GaggarWhole-Time Director18 Apr 1996Current
Aditya Anil GaggarWhole-Time Director12 Nov 2014Current
Anirudh Anil GaggarDirector18 Aug 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Mar 2016Past
Pramod AbcsddDirector02 Dec 2016Past
Pramod AbcsddDirector29 May 2007Past
Pramod AbcsddDirector31 Mar 2016Past
Pramod AbcsddAdditional Director30 Nov 2021Past

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Financial Performance of Progressive Share Brokers.

Progressive Share Brokers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.66% decrease. The company also saw a substantial fall in profitability, with a 17.62% decrease in profit. The company's net worth moved up by a moderate rise of 9.05%.

Progressive Share Brokers revenue growth over time
Progressive Share Brokers 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
-9.66%
Revenue from Operations
-21.81%
Total Assets
14.16%
Profit or Loss
-17.62%
Net Worth
9.05%
EBITDA
-102.32%

What is the Ownership and Shareholding Structure of Progressive Share Brokers?

In 2023, Progressive Share Brokers had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,450,000,000.00

Satisfied Charges

₹285,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 145.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Mar 2024Others₹90.00 CrOpen
26 Oct 2021Others₹5.00 CrOpen
18 Oct 2021Others₹50.00 CrOpen
04 Oct 2018Others₹10.00 CrSatisfied
03 Oct 2018Others₹18.00 CrSatisfied

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How Many Employees Work at Progressive Share Brokers?

Progressive Share Brokers has a workforce of 77 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 growth trends for Progressive Share Brokers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Share Brokers, 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 Share Brokers'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 Progressive Share Brokers

Recent Activity within the Organization

  • Annual General Meeting

    Progressive Share Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Progressive Share Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 90.00 Cr with Charge ID 100883825 was registered on 13 Mar 2024. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100501188 was registered on 26 Oct 2021. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100488830 was registered on 18 Oct 2021. was completed.

  • Director Appointment

    Anirudh Anil Gaggar was appointed as a Director was appointed as a Director on 18 Aug 2021 & has been associated with this company since 4 years 3 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Progressive Share Brokers Private Limited?

    The CIN of Progressive Share Brokers Private Limited is U67120MH1994PTC176096.

  • Where is Progressive Share Brokers Private Limited headquartered?

    Progressive Share Brokers Private Limited is headquartered at 122-123-124, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (W),, Mumbai, Maharashtra, 400053.

  • When was Progressive Share Brokers Private Limited incorporated?

    Progressive Share Brokers Private Limited was incorporated on 20 September 1994.

  • Who are the current directors of Progressive Share Brokers Private Limited?

    The current directors of Progressive Share Brokers Private Limited are

  • What is the primary industry of Progressive Share Brokers Private Limited?

    The primary industry of Progressive Share Brokers Private Limited is Financial And Insurance Service.

  • Is Progressive Share Brokers Private Limited a listed company?

    Progressive Share Brokers Private Limited is unlisted.

  • What is the capital structure of Progressive Share Brokers Private Limited?

    The authorized capital of Progressive Share Brokers Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Progressive Share Brokers Private Limited?

    The compliance status of Progressive Share Brokers Private Limited is Compliant.

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