Progfin Private Limited

Provides SME lending services using technology and analytics tools.

1992 | New Delhi, Delhi (India) | Active
Last Updated: November 03, 2024

Progfin Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 34.09 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 671.00 Cr
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth 111.73%
  • Profit Growth 546.85%
  • Ebitda 690.02%
  • Net Worth 14.06%
  • Total Assets -34.99%

About Progfin

Progfin Private Limited (PPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 August 1992 and has a history of 32 years and five months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 34.09 Cr.

The company currently has active open charges totaling ₹671.00 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Progfin Private Limited India is Sushil Thaker as COMPANY SECRETARY. Himanshu Chandra and Pallavi Shrivastava serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120DL1992PTC425089

  • Company No.

    068281

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Progfin?

Executive Team (1)

Name Designation Appointment Date Status
Sushil Thaker Company Secretary 28-Mar-2023 Current

Board Members (2)

Name Designation Appointment Date Status
Pallavi Shrivastava Country flag representing In Director 12-Aug-2022 Current
Himanshu Chandra Country flag representing In Director 12-Aug-2022 Current

Financial Performance of Progfin.

Progfin Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 111.73% increase. The company also saw a substantial improvement in profitability, with a 546.85% increase in profit. The company's net worth Soared by an impressive increase of 14.06%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
111.73%
Revenue from Operations
111.73%
Total Assets
-34.99%
Profit or Loss
546.85%
Net Worth
14.06%
EBITDA
690.02%

What is the Ownership and Shareholding Structure of Progfin?

In 2023, Progfin had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹671.00 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 611.00 Cr
  • Yes Bank Limited : 40.00 Cr
  • Tata Capital Financial Services Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2024 Others ₹10.00 Cr Open
02 May 2024 Others ₹30.00 Cr Open
30 Apr 2024 Others ₹10.00 Cr Open
29 Apr 2024 Others ₹12.50 Cr Open
29 Apr 2024 Others ₹12.50 Cr Open

How Many Employees Work at Progfin?

Unlock and access historical data on people associated with Progfin, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progfin, 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 Progfin'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.

Latest Updates, News, and FAQs on Progfin

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100935855 was registered on 30 May 2024.

    30 May 2024

  • Charges

    A charge registered on 28 Mar 2023 via Charge ID 100708439 with Others was fully satisfied on 16 May 2024.

    16 May 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100925149 was registered on 02 May 2024.

    02 May 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100923036 was registered on 30 Apr 2024.

    30 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100919735 was registered on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100919737 was registered on 29 Apr 2024.

    29 Apr 2024

Frequently asked questions

  • Progfin Private Limited was incorporated on 25 Aug 1992.

  • The authorized share capital of Progfin Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 34.09 Cr.

  • Currently 3 directors are associated with Progfin Private Limited.

    • Himanshu Chandra
    • Pallavi Shrivastava
    • Sushil Narendranath Thaker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progfin Private Limited is 76 1St Floor Okhla, Industrial Estate Okhla - India, New Delhi, 110020.

  • The corporate identification number (CIN) of Progfin Private Limited is U67120DL1992PTC425089 and the company number is 068281 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Progfin Private Limited has risen by 111.73%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Progfin Private Limited has experienced an upsurge of 14.06%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Progfin Private Limited amount to ₹ 671.00 Cr.

  • The most recent Balance Sheet for Progfin Private Limited was filed with the ROC on 31 Mar 2023.

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