MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-12-0011461
Reliance Progressive Traders Private Limited
Reliance Progressive Traders Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.5 Cr
▲ 5% YoY
Net profit · FY 2025
₹35.74 Cr
Net margin 41.3%
EBITDA · FY 2025
₹66.33 Cr
EBITDA margin 76.7%
Authorised capital
₹39.5 Cr
Registered with MCA
Paid-up capital
₹34.35 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
5
As per MCA filings
Active GSTINs
4
of 6 registered
About Reliance Progressive Traders Private Limited
Data last updated:
Reliance Progressive Traders Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2005PTC302792. Its GSTIN is 27AADCP6969R1ZB (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹39.5 Cr and a paid-up capital of ₹34.35 Cr. It was formerly known as Pusti Enterprises Private Limited. It is led by directors including Raman Seshadri and Gaurav Jain.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Court House 5th Floor Dhobi Talao Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.5 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹35.74 Cr (net margin 41.3%) and EBITDA of ₹66.33 Cr (EBITDA margin 76.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
Court records list 35 cases involving the company, including 26 filed by the company and 9 filed against it; 6 cases are pending.
Reliance Progressive Traders Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-12-0011461). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51100MH2005PTC302792
Registration Number 302792
Incorporation Date 20 July 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-12-0011461
CIN history
Reliance Progressive Traders has one previous CIN (Corporate Identification Number): U51100GJ2005PTC046466. The current CIN is U51100MH2005PTC302792, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2005PTC302792 | Current |
| U51100GJ2005PTC046466 | Previous |
Recognitions & Rankings of Reliance Progressive Traders
Contact details
Reliance Progressive Traders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCourt House 5th Floor Dhobi Talao Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Reliance Progressive Traders Private Limited, buy the company report.
Comprehensive company report
Reliance Progressive Traders Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Reliance Progressive Traders is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Reliance Progressive Traders Private Limited, buy the company report.
Financials of Reliance Progressive Traders Private Limited
FY 2025 filings availableReliance Progressive Traders Private Limited reported revenue of ₹86.5 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹86.5 Cr ▲ 5%
Net profit · FY 2025
₹35.74 Cr margin 41.3%
EBITDA · FY 2025
₹66.33 Cr margin 76.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 13%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 13%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA rose 82% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.7% | ||||
| Net Profit Margin | 41.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Reliance Progressive Traders Private Limited, buy the company report.
Board of directors of Reliance Progressive Traders Private Limited
Reliance Progressive Traders has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Seshadri | Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Gaurav Jain Also directs: Reliance Prolific Traders Private Limited, Reliance Comtrade Private Limited, Reliance Ambit Trade Private Limited and 5 more | Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Rajendra Madhav Kamath | Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Manish Bhanuprasad Vyas | Manager | 08 Jan 2015 | 11 Years 9 Months | Current |
| Manish Kumar Singh | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Reliance Progressive Traders Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Manjri Stud Farm Private Limited | ₹86.7 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Tanmathra Aquarelle Developers Private Limited | ₹86.57 Cr (FY 2024) | -16.0% | Bengaluru, Karnataka, India | |||
| Reliance Progressive Traders Private Limitedthis company | ₹86.5 Cr (FY 2025) | ₹35.74 Cr | 41.3% | 5.0% | Mumbai, Maharashtra, India | |
| Richwell Enterprises Private Limited | ₹86.45 Cr (FY 2025) | -1.0% | Jaipur, Rajasthan, India | |||
| T and T Infrazone Private Limited | ₹86.44 Cr (FY 2025) | 7.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Reliance Progressive Traders Private Limited, buy the company report.
Auditor
Reliance Progressive Traders Private Limited is audited by D T S & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D T S & Associates LLP | FY 2023 | 142412W/W100595 |
Shareholding
The shareholding of Reliance Progressive Traders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Progressive Traders Private Limited, buy the company report.
Legal cases
Reliance Progressive Traders Private Limited has 35 court cases on record: 26 filed by Reliance Progressive Traders, 9 filed against it. 6 cases are pending and 29 are disposed.
Total cases
35
Filed by the company
26
Filed against the company
9
Pending
6
Disposed
29
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 2 | 3 |
| District courts | 15 | 7 | 3 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Elpro International Limited | Pending |
| Bombay High Court | Court case (COMSS) | Filed by the company against Shimnit Kiwalite Industries Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (ARA) | Filed against the company by Elpro International Limited | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Scorpions Infra Earth Pvt Ltd Through Its Managing Director Chandrashekhar Hadke Through Its Managing Director Chandrashekhar Hadke House No. 2100, Behind Mecb Office, Somalwada, Wardha Road, Nagpur ,Nagpur , Maharashtra and 7 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Elpro International Limited | Disposed |
To see the full case history of Reliance Progressive Traders 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 Reliance Progressive Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reliance Progressive Traders has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP6969R1ZB | Maharashtra | Active | 01 Jul 2017 |
| 27AADCP6969R2ZA | Maharashtra | Active | 06 Jul 2017 |
| 22AADCP6969R1ZL | Chhattisgarh | Active | 01 Jul 2017 |
| 23AADCP6969R1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Progressive Traders Private Limited, buy the company report.
Recent activity
Reliance Progressive Traders Private Limited has 20 board changes on record since 2009: 5 appointments and 15 cessations. The latest: Manish Kumar Singh ceased to be Additional Director on 07 Sep 2025.
AGM
Reliance Progressive Traders Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records.
Ceased
Manish Kumar Singh ceased to be Additional Director.
Filing
Reliance Progressive Traders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Manish Kumar Singh was appointed as Director.
Ceased
Ravi Navinchandra Karia ceased to be CFO.
Ceased
Shiv Kumar Bhardwaj ceased to be Additional Director.
Ceased
Chandrakant Shripad Gokhale ceased to be Director.
Ceased
Balasubrmanian Chandrasekaran ceased to be Additional Director.
Appointed
Manish Bhanuprasad Vyas was appointed as Manager.
Ceased
Gaurav Jain ceased to be Additional Director.
Ceased
Rajendra Madhav Kamath ceased to be Additional Director.
Ceased
Raman Seshadri ceased to be Additional Director.
11 earlier events are in the company report.
Frequently asked questions
Reliance Progressive Traders is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 July 2005 (21+ years old) and is registered under CIN U51100MH2005PTC302792.
Reliance Progressive Traders has 5 current directors:
- Raman Seshadri - Director
- Gaurav Jain - Director
- Rajendra Madhav Kamath - Director
- Manish Kumar Singh - Director
- Manish Bhanuprasad Vyas - Manager
The latest financial statements of Reliance Progressive Traders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Progressive Traders is 27AADCP6969R1ZB, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AADCP6969R2ZA (Maharashtra), 22AADCP6969R1ZL (Chhattisgarh), 23AADCP6969R1ZJ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Reliance Progressive Traders is U51100MH2005PTC302792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Progressive Traders has 35 court cases on record: 26 filed by the company and 9 filed against it. 6 are pending. Most are in the high courts.
Reliance Progressive Traders was incorporated on 20 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reliance Progressive Traders by revenue are The Manjri Stud Farm Private Limited, Tanmathra Aquarelle Developers Private Limited, Richwell Enterprises Private Limited, T and T Infrazone Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Manish Kumar Singh ceased to be Additional Director on 07 Sep 2025. Manish Kumar Singh was appointed as Director on 14 Feb 2025. Ravi Navinchandra Karia ceased to be CFO on 14 Jan 2023. Reliance Progressive Traders has 20 board changes on record in total.
Yes, Reliance Progressive Traders is registered as an MSME under Udyam registration (number: UDYAM-GJ-12-0011461).
The registered office of Reliance Progressive Traders is at Court House 5th Floor Dhobi Talao Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages