Progressive Trendz Private Limited
About Progressive Trendz Private Limited
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Progressive Trendz Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2016PTC286090. Its GSTIN is 27AAICP7891F2ZV (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Himatlal Sheth and Rajendra Nagpal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.82 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹37.65 Lakh (net margin -2.1%) and EBITDA of -₹37.65 Lakh (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
Court records list 43 cases involving the company, including 43 filed by the company; 40 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Trendz Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor Ginger House Raghuvanshi Mill Compound Sb Marg Lower, Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Progressive Trendz Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Progressive Trendz is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Progressive Trendz Private Limited, buy the company report.
Financials of Progressive Trendz Private Limited
FY 2025 filings availableProgressive Trendz Private Limited reported revenue of ₹17.82 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 16% fall in the latest year. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹37.65 Lakh | ||||
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| Net Profit (PAT) | -₹37.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Progressive Trendz Private Limited, buy the company report.
Board of directors of Progressive Trendz Private Limited
Progressive Trendz has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Himatlal Sheth | Director | 21 Sep 2016 | 10 Years 1 Months | Current |
| Rajendra Nagpal Also directs: Hi Fashions Industries Private Limited, Akash Fabrics Private Limited, Shanti Synthetic and Processors Pvt Ltd and 3 more | Director | 21 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Progressive Trendz Private Limited is audited by PRIYAVRAT & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRIYAVRAT & ASSOCIATES | FY 2020 | 140707W |
Shareholding
The shareholding of Progressive Trendz Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Trendz Private Limited, buy the company report.
Legal cases
Progressive Trendz Private Limited has 43 court cases on record: 43 filed by Progressive Trendz. 40 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 0 | 40 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Mihir Kanbar Alias Mihir Prop of Ms Bhavana Trading Co | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Winspin Textiles Pvt Ltd and 3 Ors and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Mesam Abbas Being Prop of Ms Mesam Enterprises | Pending |
To see the full case history of Progressive Trendz Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Trendz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Trendz has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP7891F2ZV | Maharashtra | Active | 10 Apr 2018 |
| 07AAICP7891F1ZY | Delhi | Active | 25 May 2018 |
| 24AAICP7891F1Z2 | Gujarat | Active | 25 May 2018 |
| 29AAICP7891F1ZS | Karnataka | Active | 26 May 2018 |
To see the full GST registrations and return filing status of Progressive Trendz Private Limited, buy the company report.
Recent activity
Progressive Trendz Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Deepak Himatlal Sheth was appointed as Director on 21 Sep 2016.
Frequently asked questions
Progressive Trendz is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 September 2016 (10+ years old) and is registered under CIN U17299MH2016PTC286090.
Progressive Trendz has 2 current directors:
- Deepak Himatlal Sheth - Director
- Rajendra Nagpal - Director
The latest financial statements of Progressive Trendz on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Progressive Trendz is 27AAICP7891F2ZV, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAICP7891F1ZY (Delhi), 24AAICP7891F1Z2 (Gujarat), 29AAICP7891F1ZS (Karnataka).
The CIN (Corporate Identification Number) of Progressive Trendz is U17299MH2016PTC286090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Trendz has 43 court cases on record: 43 filed by the company. 40 are pending.
Progressive Trendz was incorporated on 21 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Himatlal Sheth was appointed as Director on 21 Sep 2016. Rajendra Nagpal was appointed as Director on 21 Sep 2016.
The registered office of Progressive Trendz is at Ground Floor Ginger House Raghuvanshi Mill Compound Sb Marg Lower, Parel, Mumbai, Maharashtra, India – 400013.
Progressive Trendz operates in the manufacturing industry, in the textile and fabric production segment.