Progressive Transit Private Limited - Company Profile

It is a automotive private limited company based in Delhi, Delhi, India, established in 2018.
2018 Delhi, Delhi, India Active
Last Updated:
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About Progressive Transit Private Limited

Progressive Transit Private Limited, a active private limited company, was established on 20 February 2018 in Delhi, Delhi, India. Engaging in auto dealership & trading within the automotive sector, it holds CIN: U74999DL2018PTC329659. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹22.50 Cr and a paid-up capital of ₹12.51 Cr.

Employing 468 professional, Its leadership includes Anurag Agarwal (Director), Virender Kumar Saroha (Director), Vijender Singh Dalal (Director). Past directors included Anurag Agarwal, Virender Kumar Saroha, Harshil Saroha. It holds ₹91.66 Cr open charges and ₹18.27 Cr settled loans. Its latest AGM occurred on 22 September 2025, with the balance sheet filed on 31 March 2025. It is based at Shop No. 18 First Floor, Block-Sd Near Metro Station Pitampura, Delhi, Delhi, 110034.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U74999DL2018PTC329659

  • Registration Number

    329659

  • Incorporation Date

    20 February 2018

  • Authorized Capital

    ₹22.50 Cr

  • Paid-Up Capital

    ₹12.51 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 22.50 Cr
  • Paid Up Capital ₹ 12.51 Cr
  • Company Age 8 Year, 7 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 91.66 Cr
  • Satisfied Charges ₹ 18.27 Cr
  • Revenue Growth **** %
  • Profit Growth **** 69.18%
  • Ebitda **** 70.81%
  • Net Worth -4.71%
  • Total Assets -61.98%
Company report

Progressive Transit Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Progressive Transit 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 Transit Private Limited?
Current Directors
Name Designation Appointment Date Status
Anurag Agarwal Director 22 Nov 2023 Current
Virender Kumar Saroha Director 22 Nov 2023 Current
Vijender Singh Dalal Director 22 Nov 2023 Current
Khajan Singh Director 22 Nov 2023 Current
Gajinder Yadav Director 20 Feb 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 10 Jan 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past

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Financial Performance of Progressive Transit.

Progressive Transit Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 69.18% increase in profit. The company's net worth dipped by a decrease of 4.71%.

Progressive Transit revenue growth over time
Progressive Transit 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
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Total Assets
*******
 -61.98%
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*******
*******
*******
Profit or Loss
*******
 69.18%
*******
*******
*******
*******
Net Worth
*******
 -4.71%
*******
*******
*******
*******
EBITDA
*******
 70.81%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Progressive Transit?

In 2023, Progressive Transit had a public holding of 39.40%. 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

₹916,625,000.00

Satisfied Charges

₹182,700,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 49.73 Cr
  • Others : 36.96 Cr
  • Axis Bank Limited : 4.97 Cr
Latest Charge Details
Date Lender Amount Status
10 Jul 2024 Axis Bank Limited ₹4.97 Cr Open
06 Jan 2024 State Bank Of India ₹49.73 Cr Open
28 Dec 2023 Others ₹36.96 Cr Open
26 Jun 2024 State Bank Of India ₹18.27 Cr Satisfied

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How Many Employees Work at Progressive Transit?

Progressive Transit has a workforce of 468 employees as of Feb 02, 2025. 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 Transit, 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 Transit'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 Transit
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Progressive Transit Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Gurbani Kaur was appointed as a Company Secretary was appointed as a Company Secretary on 16 Sep 2025 & has been associated with this company since 5 months 13 days . was documented.

  • Balance Sheet

    The activity Progressive Transit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was completed.

  • Charges

    Progress on A charge registered on 26 Jun 2024 via Charge ID 100951925 with State Bank Of India was fully satisfied on 13 Mar 2025. was documented.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 4.97 Cr with Charge ID 100953982 was registered on 10 Jul 2024. was completed.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 18.27 Cr with Charge ID 100951925 was registered on 26 Jun 2024. was completed.

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

The CIN of Progressive Transit Private Limited is U74999DL2018PTC329659.

Where is Progressive Transit Private Limited headquartered?

Progressive Transit Private Limited is headquartered at Shop No. 18 First Floor, Block-Sd Near Metro Station Pitampura, Delhi, Delhi, 110034.

When was Progressive Transit Private Limited incorporated?

Progressive Transit Private Limited was incorporated on 20 February 2018.

Who are the current directors of Progressive Transit Private Limited?

The current directors of Progressive Transit Private Limited are

What is the primary industry of Progressive Transit Private Limited?

The primary industry of Progressive Transit Private Limited is Automotive.

Is Progressive Transit Private Limited a listed company?

Progressive Transit Private Limited is unlisted.

What is the capital structure of Progressive Transit Private Limited?

The authorized capital of Progressive Transit Private Limited is ₹22.50 Cr, and the paid-up capital is ₹12.51 Cr.

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