About Progrex Ventures Limited
Data last updated: 27 February 2026
Progrex Ventures Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It specialises in solvent and oil extraction tech, a part of the broader chemicals and materials sector. Incorporated on 21 April 1981, the company has been in operation for over 45 years.
Registered with ROC Gwalior under CIN L15141MP1981PLC001759. Listed.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹3.6 Cr. Formerly known as Prog Limited and Progressive Bizworld Limited. It is led by directors including Shruti Dange and Sanjay Wase.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 282 Shri Mohan Parisar Zone – 1 M.P. Nagar, Bhopal, Madhya Pradesh, India – 462011.
As per the financials filed for FY 2025, the company reported a revenue of ₹90,000, a decline of 39% compared to the previous year.
The company is associated with 1 brand - Progrex Ventures. As per MCA filings, the company has satisfied charges of ₹6.45 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website progressivecorp.net.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address282 Shri Mohan Parisar Zone – 1 M.P. Nagar, Bhopal, Madhya Pradesh, India – 462011
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IndustryChemicals and Materials, Solvent & Oil Extraction Tech
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Progrex Ventures Limited
Progrex Ventures Limited has undergone 3 name changes throughout its history. The company was previously known as Prog Limited, Progressive Bizworld Limited, and Progressive Extractions & Exports Limited. The current legal name is Progrex Ventures Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Progrex Ventures Limited | Current |
| Prog Limited | Previous |
| Progressive Bizworld Limited | Previous |
| Progressive Extractions & Exports Limited | Previous |
CIN History of Progrex Ventures Limited
Progrex Ventures Limited has one previous CIN (Corporate Identification Number): U15141MP1981PTC001759. The current CIN is L15141MP1981PLC001759, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15141MP1981PLC001759 | Current |
| U15141MP1981PTC001759 | Previous |
Associated Brands with Progrex Ventures Limited
Progrex Ventures Limited operates one associated brand: PROGREX VENTURES. These brands represent Progrex Ventures Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Solvent-extracted oil, refined oil, and soya meal are processed. | progressivecorp.net |
Auditor Details of Progrex Ventures Limited
Progrex Ventures Limited is audited by Jain Dhureja & Company (ICAI peer reviewed, certificate valid till 2028-04-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Jain Dhureja & Company (ICAI peer reviewed, certificate valid till 2028-04-29) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Progrex Ventures Limited
Progrex Ventures Limited is currently managed by 5 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shruti Dange
Also directs:
Progrex Ventures Limited
|
Director | 30 Jun 2015 | 11 Years 0 Months | Current |
|
Sanjay Wase
Also directs:
Progrex Ventures Limited
|
Additional Director | 12 Nov 2024 | 1 Years 7 Months | Current |
| Avneesh Sabherwal | Director | 31 Jan 2003 | 23 Years 5 Months | Current |
Financials of Progrex Ventures Limited FY 2026 filings available
Progrex Ventures Limited reported revenue of ₹- (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹45,000 | ₹90,000 | ₹1.48 Lakh | ₹1.43 Lakh | ₹3.87 Lakh | ₹1.27 Lakh | ₹1.36 Lakh | ₹1.62 Lakh |
| Total Income | ₹45,000 | ₹90,000 | ₹1.48 Lakh | ₹1.43 Lakh | ₹3.87 Lakh | ₹1.27 Lakh | ₹1.36 Lakh | ₹1.62 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹16,000 | ₹16,000 | ₹16,000 | ₹16,000 | ₹16,000 | ₹18,000 | ₹18,000 | ₹1.11 Lakh |
| Other Expenses | ₹14.68 Lakh | ₹14.82 Lakh | ₹11.98 Lakh | ₹12.09 Lakh | ₹10.03 Lakh | ₹10.38 Lakh | ₹10.4 Lakh | ₹9.46 Lakh |
| Total Expenses | ₹14.84 Lakh | ₹14.98 Lakh | ₹12.14 Lakh | ₹12.25 Lakh | ₹10.19 Lakh | ₹10.56 Lakh | ₹10.58 Lakh | ₹10.57 Lakh |
| Profit Before Exceptional Items & Tax | -₹14.39 Lakh | -₹14.08 Lakh | -₹10.66 Lakh | -₹10.82 Lakh | -₹6.32 Lakh | -₹9.29 Lakh | -₹9.22 Lakh | -₹8.95 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹14.39 Lakh | -₹14.08 Lakh | -₹10.66 Lakh | -₹10.82 Lakh | -₹6.32 Lakh | -₹9.29 Lakh | -₹9.22 Lakh | -₹8.95 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹14.39 Lakh | -₹14.08 Lakh | -₹10.66 Lakh | -₹10.82 Lakh | -₹6.32 Lakh | -₹9.29 Lakh | -₹9.22 Lakh | -₹8.95 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹14.39 Lakh | -₹14.08 Lakh | -₹10.66 Lakh | -₹10.82 Lakh | -₹6.32 Lakh | -₹9.29 Lakh | -₹9.22 Lakh | -₹8.95 Lakh |
| EBITDA (computed) | -₹14.23 Lakh | -₹13.92 Lakh | -₹10.5 Lakh | -₹10.66 Lakh | -₹6.16 Lakh | -₹9.11 Lakh | -₹9.04 Lakh | -₹7.84 Lakh |
| Basic EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Diluted EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹8.38 Cr | ₹8.49 Cr | ₹8.65 Cr | ₹8.76 Cr | ₹8.86 Cr | ₹8.92 Cr | ₹9.05 Cr | ₹9.11 Cr |
| Non-current Assets | ₹45.74 Lakh | ₹45.9 Lakh | ₹46.06 Lakh | ₹46.22 Lakh | ₹46.37 Lakh | ₹47.41 Lakh | ₹47.59 Lakh | ₹47.77 Lakh |
| Current Assets | ₹7.93 Cr | ₹8.03 Cr | ₹8.19 Cr | ₹8.3 Cr | ₹8.4 Cr | ₹8.45 Cr | ₹8.57 Cr | ₹8.63 Cr |
| Property, Plant & Equipment | ₹27,000 | ₹43,000 | ₹59,000 | ₹75,000 | ₹90,000 | ₹1.94 Lakh | ₹2.12 Lakh | ₹2.3 Lakh |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹7.78 Lakh | ₹7.49 Lakh | ₹6.7 Lakh | ₹6.82 Lakh | ₹9.95 Lakh | ₹5.74 Lakh | ₹5.64 Lakh | ₹5.51 Lakh |
| Equity (Net Worth) | ₹7.19 Cr | ₹7.34 Cr | ₹7.48 Cr | ₹7.58 Cr | ₹7.69 Cr | ₹7.75 Cr | ₹7.85 Cr | ₹7.94 Cr |
| Equity Share Capital | ₹3.6 Cr | ₹3.6 Cr | ₹3.6 Cr | ₹3.6 Cr | ₹3.6 Cr | ₹3.6 Cr | ₹3.6 Cr | ₹3.6 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹10.61 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹10.61 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹15.85 Lakh | ₹1.15 Cr | ₹1.17 Cr | ₹14.34 Lakh | ₹13.65 Lakh | ₹13.4 Lakh | ₹16.86 Lakh | ₹13.41 Lakh |
| Total Liabilities | ₹1.19 Cr | ₹1.15 Cr | ₹1.17 Cr | ₹1.18 Cr | ₹1.17 Cr | ₹1.17 Cr | ₹1.2 Cr | ₹1.17 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹9.89 Lakh | -₹16.28 Lakh | -₹8.01 Lakh | -₹9.97 Lakh | -₹5.16 Lakh |
| Investing Cash Flow | ₹0 | ₹17.18 Lakh | ₹7.97 Lakh | ₹6.79 Lakh | ₹9.29 Lakh |
| Financing Cash Flow | ₹10.6 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹9.89 Lakh | -₹16.28 Lakh | -₹8.01 Lakh | -₹9.97 Lakh | -₹5.16 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹71,000 | ₹90,000 | -₹4,000 | -₹3.18 Lakh | ₹4.13 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹15,000 | ₹10,000 | ₹20,000 | ₹10,000 | ₹30,000 | ₹10,000 | ₹20,000 | ₹30,000 |
| Total Income | ₹15,000 | ₹10,000 | ₹20,000 | ₹10,000 | ₹30,000 | ₹10,000 | ₹20,000 | ₹30,000 |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹7,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹7,000 | ₹3,000 | ₹3,000 | ₹3,000 |
| Other Expenses | ₹5.52 Lakh | ₹2.12 Lakh | ₹5.43 Lakh | ₹1.63 Lakh | ₹8.91 Lakh | ₹2.27 Lakh | ₹2.12 Lakh | ₹1.52 Lakh |
| Total Expenses | ₹5.59 Lakh | ₹2.15 Lakh | ₹5.46 Lakh | ₹1.66 Lakh | ₹8.98 Lakh | ₹2.3 Lakh | ₹2.15 Lakh | ₹1.55 Lakh |
| Profit Before Exceptional Items & Tax | -₹5.44 Lakh | -₹2.05 Lakh | -₹5.26 Lakh | -₹1.56 Lakh | -₹8.68 Lakh | -₹2.2 Lakh | -₹1.95 Lakh | -₹1.25 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹5.44 Lakh | -₹2.05 Lakh | -₹5.26 Lakh | -₹1.56 Lakh | -₹8.68 Lakh | -₹2.2 Lakh | -₹1.95 Lakh | -₹1.25 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹5.44 Lakh | -₹2.05 Lakh | -₹5.26 Lakh | -₹1.56 Lakh | -₹8.68 Lakh | -₹2.2 Lakh | -₹1.95 Lakh | -₹1.25 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹5.44 Lakh | -₹2.05 Lakh | -₹5.26 Lakh | -₹1.56 Lakh | -₹8.68 Lakh | -₹2.2 Lakh | -₹1.95 Lakh | -₹1.25 Lakh |
| EBITDA (computed) | -₹5.37 Lakh | -₹2.02 Lakh | -₹5.23 Lakh | -₹1.53 Lakh | -₹8.61 Lakh | -₹2.17 Lakh | -₹1.92 Lakh | -₹1.22 Lakh |
| Basic EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Diluted EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
Shareholding Pattern of Progrex Ventures Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 74.37%, retail and other public shareholders hold 25.63% of Progrex Ventures Limited. The company had 873 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% |
| Public | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 74.37% | 74.37% | 74.37% |
| Public | 25.63% | 25.63% | 25.63% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Group Structure of Progrex Ventures Limited
Progrex Ventures Limited has 2 associated companies. This group structure data is as of FY 2021. The corporate group structure reflects Progrex Ventures Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Progrex Ventures Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2003 | Madhya Pradesh Financial Corporation | ₹75 Lakh | Satisfied |
| 01 Aug 2002 | Madhya Pradesh Financial Corporation | ₹75 Lakh | Satisfied |
| 22 Jun 2002 | Madhya Pradesh Financial Corporation | ₹75 Lakh | Satisfied |
| 01 Jun 2002 | Madhya Pradesh Financial Corporation | ₹90 Lakh | Satisfied |
| 13 Aug 2001 | Madhya Pradesh Financial Corporation | ₹75 Lakh | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Progrex Ventures Limited
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Employee Count & EPFO Data of Progrex Ventures Limited
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GST Compliance of Progrex Ventures Limited
GSTIN & GST Filing Data of Progrex Ventures Limited
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Credit Ratings, Litigation & Regulatory Alerts for Progrex Ventures Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Progrex Ventures Limited
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MSME Payment Delays by Progrex Ventures Limited
MSME Payment Delays by Progrex Ventures Limited
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Subsidiaries & Group Companies of Progrex Ventures Limited
Subsidiaries & Group Companies of Progrex Ventures Limited
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MCA Filings & Documents of Progrex Ventures Limited
MCA Filings & Documents of Progrex Ventures Limited
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Recent Activity on Progrex Ventures Limited
Frequently Asked Questions about Progrex Ventures Limited
Progrex Ventures Limited is an active public limited company in the chemicals and materials sector based in Bhopal, Madhya Pradesh, India. It was incorporated on 21 April 1981 (45+ years old) and is registered under CIN L15141MP1981PLC001759.
Progrex Ventures Limited reported revenue of ₹90,000 for FY 2025 (down 39.00% YoY).
The current directors of Progrex Ventures Limited are:
- Nitin Bhondwe
- Shruti Dange
- Kriti Singh
- Sanjay Wase
- Avneesh Sabherwal
The primary industry of Progrex Ventures Limited is chemicals and materials. The company specifically operates in solvent and oil extraction tech. The company is currently active in this sector.
Yes, Progrex Ventures Limited is a listed company.
Progrex Ventures Limited can be reached at the registered office: 282 Shri Mohan Parisar Zone – 1 M.P. Nagar, Bhopal, Madhya Pradesh, India – 462011, or through the website progressivecorp.net.