Progress Software Solutions India Private Limited - Company overview

Progress is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72100MH1998PTC116281). Business overview…

1998-08-19 Mumbai, Maharashtra Active Unlisted Active Compliant
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PS Progress Software Solutions India Private Limited
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Key Metrics

AUTHORISED CAPITAL
25.00 Lakh
PAID-UP CAPITAL
20.01 Lakh
COMPANY AGE
27 Years 10 Months
since 1998-08-19
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-19
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
-
Updated: 2023-10-27 23:55:51

Company Health Scores

Health scores for Progress covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
60/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (70), financial health (40), director (45) and company-foundation signals.
  • Operating for 27+ years.
Compliance Score Moderate
70/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Annual filings up to date (balance sheet as of Mar 2025).
Financial Health Score High risk
40/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score High risk
45/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • Director ANTHONY ALFRED FOLGER has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Progress

Progress is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72100MH1998PTC116281). Business overview includes Information Technology (Application Development & Software Solutions), incorporated on August 19, 1998 (28+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Active with Active Compliant compliance status.

Application Development & Software Solutions Computer Hardware Manufacturing & Retail
  • Location Of10, Prudential, Ground Floor, Hiranandani Gardens, Powai,, Mumbai, Maharashtra - 400076
  • Website progress.com
CIN / LLPINU72100MH1998PTC116281
Company No.116281
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1998-08-19
Date of AGM2025-09-19
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Progress

Revenue Over The Year
FY trend preview
Profit/Loss Over The Year
FY trend preview
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Metrics FYFYFYFYFY
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Profit/Loss
Cash & Bank Balance
Net Worth
EBITDA

Financial Ratios

Revenue P/L EBITDA

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Key Insights
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Profit/Loss
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Shareholding Pattern

Shareholding Pattern
  • Promoters
  • DII
  • FII
  • Public
  • Others
Shareholding Pattern over the Year
Category FYFYFYFYFY
Promoters
DII
FII
Public
Others
Subsidiaries

EPFO Establishments (1)

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Status
Activity
State
Coverage

Current Directors of Progress (3)

C
Director | Since 2023-08-22 | DIN: 09707792
D
Director | Since 2013-06-28 | DIN: 06485476
A
Director | Since 2022-10-11 | DIN: 06766461

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Progress
What is CIN of Progress?
The Corporate Identification Number (CIN) for Progress is U72100MH1998PTC116281. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 116281 as per MCA.
When was Progress incorporated?
Progress was incorporated 27 years 10 months ago on 19 Aug 1998.
What is paid-up capital and authorised share capital of Progress?
The paid-up capital of Progress is ₹ 2,000,700.00 and authorised share capital is ₹ 2,500,000.00.
Who are the current board members and directors of Progress?
Progress shows 3 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Progress?
As per Ministry of Corporate Affairs (MCA), the registered address of Progress is Of10, Prudential, Ground Floor, Hiranandani Gardens, Powai,, Mumbai, Maharashtra, 400076, India.
What is the official website of Progress?
The official website of Progress is https://progress.com.
What is the ROC code of Progress?
Progress ROC code is Roc Mumbai.
What is the company classification of Progress?
Progress is classified as Private Limited Indian Non-Government Company.
Progress - is it listed or unlisted?
Progress is a Unlisted company.
What is the current status of Progress?
Progress is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Progress associated with?
Progress lists activity aligned with: Information Technology - Application Development & Software Solutions. See the Overview and Competition sections for fuller industry context.
How do I contact Progress?
Use the official website at https://progress.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Progress?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Progress?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.