Progressive Shared Services Private Limited - Company Profile

It is a business outsourcing private limited company based in New Delhi, Delhi, India, established in 2005.
2005 New Delhi, Delhi, India Amalgamated
Last Updated:
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About Progressive Shared Services Private Limited

Progressive Shared Services Private Limited, a amalgamated private limited company, was established on 24 February 2005 in New Delhi, Delhi, India. Engaging in business process outsourcing within the real estate sector, it holds CIN: U74999DL2005PTC133404. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.12 M.

Formerly known as Progressive Consulting Services Private Limited, Jsb Software Solutions Private Limited. It upholds a compliant status. Its leadership includes Prateek Garg (Director), Venu Garg (Director). Past directors included Anusha Sharma, Prateek Garg, Satya Bhardwaj. It holds no open charges and ₹11.75 Cr settled loans. Its latest AGM occurred on 19 November 2020, with the balance sheet filed on 31 March 2020. It is based at Flat No. 6317, Sector-C, Pocket-6&7 Vasant Kunj, New Delhi, Delhi, 110070.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U74999DL2005PTC133404

  • Registration Number

    133404

  • Incorporation Date

    24 February 2005

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.12 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 11.75 Cr
  • Revenue Growth **** %
  • Profit Growth **** -36.63%
  • Ebitda **** -298.27%
  • Net Worth 705.52%
  • Total Assets **** 497.53%
Company report

Progressive Shared Services Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Progressive Shared Services 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 Shared Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Prateek Garg Director 20 Jun 2019 Current
Venu Garg Director 20 Jun 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Jun 2019 Past
Pramod Abcsdd Additional Director 21 Aug 2019 Past
Pramod Abcsdd Director 20 Jun 2019 Past
Pramod Abcsdd Director 20 Aug 2019 Past
Pramod Abcsdd Director 02 Jul 2019 Past

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Financial Performance of Progressive Shared Services.

Progressive Shared Services Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 36.63% decrease in profit. The company's net worth Soared by an impressive increase of 705.52%.

Progressive Shared Services revenue growth over time
Progressive Shared Services 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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*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 497.53%
*******
*******
*******
*******
Profit or Loss
*******
 -36.63%
*******
*******
*******
*******
Net Worth
*******
 705.52%
*******
*******
*******
*******
EBITDA
*******
 -298.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Shared Services?

In 2019, Progressive Shared Services had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹117,500,000.00

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 11.75 Cr
Latest Charge Details
Date Lender Amount Status
27 Oct 2015 Indian Overseas Bank ₹11.75 Cr Satisfied

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How Many Employees Work at Progressive Shared Services?

Unlock and access historical data on people associated with Progressive Shared Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Shared Services, 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 Shared Services'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 Shared Services
Recent Activity within the Organization
  • Annual General Meeting

    Progressive Shared Services Private Limited last Annual general meeting of members was held on 19 Nov 2020 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progressive Shared Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi. was recorded as a recent event.

  • Director Appointment

    Prateek Garg was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 7 years 17 days . was recorded as a recent event.

  • Director Appointment

    Progress on Venu Garg was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 7 years 17 days . was documented.

  • Charges

    A charge registered on 27 Oct 2015 via Charge ID 10599778 with Indian Overseas Bank was fully satisfied on 30 May 2019. was recorded as a recent event.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 117.50 M with Charge ID 10599778 was registered on 27 Oct 2015. was recorded as a recent event.

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

The CIN of Progressive Shared Services Private Limited is U74999DL2005PTC133404.

Where is Progressive Shared Services Private Limited headquartered?

Progressive Shared Services Private Limited is headquartered at Flat No. 6317, Sector-C, Pocket-6&7 Vasant Kunj, New Delhi, Delhi, 110070.

When was Progressive Shared Services Private Limited incorporated?

Progressive Shared Services Private Limited was incorporated on 24 February 2005.

Who are the current directors of Progressive Shared Services Private Limited?

The current directors of Progressive Shared Services Private Limited are

What is the primary industry of Progressive Shared Services Private Limited?

The primary industry of Progressive Shared Services Private Limited is Real Estate.

Is Progressive Shared Services Private Limited a listed company?

Progressive Shared Services Private Limited is unlisted.

What is the capital structure of Progressive Shared Services Private Limited?

The authorized capital of Progressive Shared Services Private Limited is ₹0.20 M, and the paid-up capital is ₹0.12 M.

What is the compliance status of Progressive Shared Services Private Limited?

The compliance status of Progressive Shared Services Private Limited is Compliant.

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