Progressive Solutions Private Limited - Company Profile

It is a information technology private limited company based in Solan, Himachal Pradesh, India, established in 1994.
1994 Solan, Himachal Pradesh, India Active
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About Progressive Solutions Private Limited

Progressive Solutions Private Limited, a active private limited company, was established on 21 December 1994 in Solan, Himachal Pradesh, India. Engaging in consultancy within the information technology sector, it holds CIN: U64202HP1994PLC010498. Registered under ROC Roc Himachal Pradesh. it is unlisted. It has an authorized capital of ₹1.37 Cr and a paid-up capital of ₹1.37 Cr.

It upholds a compliant status. Its leadership includes Deepak Thakur (Director), Gaurav Sharma (Director). Past directors included Madan Sharma. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C/O Himalyan Pipe Industries,, Ist Floor, V.P.O. Saproon,, Solan, Himachal Pradesh, 173211.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U64202HP1994PTC010498

  • Registration Number

    010498

  • Incorporation Date

    21 December 1994

  • Authorized Capital

    ₹1.37 Cr

  • Paid-Up Capital

    ₹1.37 Cr

  • ROC Code

    Roc Himachal Pradesh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.37 Cr
  • Paid Up Capital ₹ 1.37 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -10.92%
  • Profit Growth **** -98.28%
  • Ebitda **** -25.71%
  • Net Worth 0.02%
  • Total Assets -0.05%
Company report

Progressive Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Progressive Solutions 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 Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Deepak Thakur Director 30 Mar 2019 Current
Gaurav Sharma Director 26 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Aug 2011 Past

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Financial Performance of Progressive Solutions.

Progressive Solutions Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 10.92% decrease. The company also saw a substantial fall in profitability, with a 98.28% decrease in profit. The company's net worth moved up by a moderate rise of 0.02%.

Progressive Solutions revenue growth over time
Progressive Solutions 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
********
 -10.92%
*******
*******
*******
*******
Revenue from Operations
*******
 -43.24%
*******
*******
*******
*******
Total Assets
*******
 -0.05%
*******
*******
*******
*******
Profit or Loss
*******
 -98.28%
*******
*******
*******
*******
Net Worth
*******
 0.02%
*******
*******
*******
*******
EBITDA
*******
 -25.71%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Solutions?

In 2019, Progressive Solutions 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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How Many Employees Work at Progressive Solutions?

Unlock and access historical data on people associated with Progressive Solutions, 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 Solutions, 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 Solutions's trajectory.

Rating
Graph displaying rating trends over time

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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 Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progressive Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Gaurav Sharma was appointed as a Director was appointed as a Director on 26 May 2025 & has been associated with this company since 11 months 2 days . was documented.

  • Balance Sheet

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

  • Director Appointment

    Progress on Deepak Thakur was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 7 years 29 days . was documented.

  • Company Incorporation

    Progressive Solutions Private Limited was registered on 21 Dec 1994 with Roc Himachal Pradesh & aged 31 years 4 months as per MCA records. was recorded as a recent event.

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

The CIN of Progressive Solutions Private Limited is U64202HP1994PTC010498.

Where is Progressive Solutions Private Limited headquartered?

Progressive Solutions Private Limited is headquartered at C/O Himalyan Pipe Industries,, Ist Floor, V.P.O. Saproon,, Solan, Himachal Pradesh, 173211.

When was Progressive Solutions Private Limited incorporated?

Progressive Solutions Private Limited was incorporated on 21 December 1994.

Who are the current directors of Progressive Solutions Private Limited?

The current directors of Progressive Solutions Private Limited are

What is the primary industry of Progressive Solutions Private Limited?

The primary industry of Progressive Solutions Private Limited is Information Technology.

Is Progressive Solutions Private Limited a listed company?

Progressive Solutions Private Limited is unlisted.

What is the capital structure of Progressive Solutions Private Limited?

The authorized capital of Progressive Solutions Private Limited is ₹1.37 Cr, and the paid-up capital is ₹1.37 Cr.

What is the compliance status of Progressive Solutions Private Limited?

The compliance status of Progressive Solutions Private Limited is Compliant.

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