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  • Company History

Progressive is promoted by its Managing Director Mr. Anil N. Gaggar and Mahesh N. Gaggar. With a vibrant start Progressive Group made its first Foot in Broking Business in 1996 with NSE membership, and it was never looking back from here, gradually Progressive Group has become a Larger performing Broking House serving all Industry products like Equity, Derivatives, Currency Derivatives, Mutual Funds, IPO's Online and Commodities Derivatives through its Group concern. Progressive is also registered as Depository with CDSL.

Progressive's super sonic Infrastructure and urge for serving customer better has made Progressive grow its customer base from 50 clients to 11,000 clients just over a decade. It has been a rage instinct at Progressive to make a PAN India presence and it has been successfully doing it by making its presence across 30 cities with more than 70 Franchisees.

Progressive being a member of Bombay Stock Exchange Ltd. (BSE), National Stock Exchange (NSE) & Depository Participant with Central Depository Services (I) Ltd.(CDSL) made its presence in commodity segment felt by becoming member of two Leading Commodities Exchanges i.e. Multi Commodity Exchange of India Ltd. (MCX) and National Commodities Derivative Exchange Ltd (NCDEX),National Spot Exchange Ltd(NSEL).

Progressive driving force has been embedded in its words

"Your Progress Our Priority".

Mr. Anil N. Gaggar, Managing Director, is a man with undying spirit, Young at Heart Personality; the Story Writer for Progressive Groups growth Trajectory, has always embedded through his instinct a life in Progressive Groups nerves to serve better. It was this valiant approach that has been an UPS for Progressive mission statement "Your Progress Our Priority".

Mr. Anil N. Gaggar has always believed in his saying "I will not make noise but will make a Statement". Progressive working Partners/Brand Ambassadors has always been guided to have a customer centric approach through this wave.

Progressives Franchisees, Channel Partners & Business Associates have always created a niche for serving customer with, better Business Values. It is this driving force that drives Progressive towards "Respect Business & Believe in Associate"

Progressive Group have a dedicated Team of people and a well furbished Task Force who are all time ready to cater Investor Friendly solutions. Solutions with cut edge finace are provided by young, enterprising, enthusiastic and gentleman professional who share a willow acumen and Goodwill in the market.

To lead operations, Progressive Group has always been very selective in appointing loyal and dedicated people to lead the Management from Front who have stood through Bull and Bearish trends of the market.

Progressive Group is led under the able Leadership of Mr. Ashok Verma (Head - Operations) with handy experience of 10 Years in Capital market . It is this combination and vision that have helped Progressive to lead Fleet of its Operations.

Progressive envisages being market player within a short span of time through its growing Task Force and Team.


Anil Gaggar
Managing Director

Progressive group of Companies was brought to life by Managing Director Mr. Anil Gaggar. He has an excellent on hand experience of 25 yrs into Broking business. With very little to start with it was his vision and excellence that marked Progressive as member of BSE, NSE, CDSL, MCX & NCDEX. He has been an all time an Oxygen supplying organ to Progressive Groups. He is been a great analyst and always mentored ahead to beat the trend. It is his rich knowledge and years of experience that has been the USP of the Growth Trajectory of Progressive Groups. It was his “We” attitude and Excellent Public relation that offers Progressive Group to make its presence across 25 cities across India. An avid music lover & follower and sports freak. Mr. Gaggar is well know for understanding the intricacies of the Broking business and modern economic society and has most often Offered his valued comments on his blogs towards behavior pattern of the economy in light of Financial Markets.


Ashok Verma
Head - Operations

Mr. Ashok Verma, is working as Head Operations and responsible for complete operations of Progressive Group across 25 cities. It was his vision in implementing RMS policy across the Progressive Group. Mr. Ashok Verma have an experience of 10 Years in Capital Market and has always believed and believes in "Work harder than Life". Mr. Ashok has all time been contributing to Think, Rethink, Learn, unlearn vision of Progressive Group. Mr. Ashok Verma is responsible for looking into the entire operations of Progressive Group.

Mr. Ashok Verma is a leader by nature and has been a major contributory to "Progressive Group". He is a keen reader of Books and a player by himself and has represented his college at various inter colligate events for sports.

If you Dream Big and you want to live it, than Don't Stop "Dream On.." We at Progressive welcome you to Progressive Business Tie up Arena; it's the Identity and Reach factor that's marketed at Progressive World. What we want to say, if you have Self - confidence, crafted excellence, craving, grit, undying spirit, desire to achieve the rarest, a Business Tycoon in you, then Bring It On..Progressive is here to partner with you.

We assure you best of the Business Associations and experience never felt, it is this Super Sonic Infrastructure, Flexibility and Business Expertise in creating value for money that will make you partner with us. At Progressive Franchisees/ Sub brokers are our partners in our realm to success and prosperity. We value contribution of our Franchisee/ Sub brokers for providing best of the investing experience to our esteemed clients and making Progressive a World Class Financial Player.

Progressive has always believed in "Relations Forever.." It is this cushion that ties all our esteemed Customers, Channel Partners & Business Associates with us for our everlasting journey.

Enquiries can be made:


Postal Mail: Mr. Ashok Verma, 122-124, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai-400053

Call: +91 022-40777500 For Mr. Ashok Verma

Important Milestones

Exchange Segment Year
National Stock Exchange Ltd. [NSE] Cash Segment 1996
National Stock Exchange Ltd. [NSE] F & O Segment 2000
National Stock Exchange Ltd. [NSE]    Currency Segment 2008
Bombay Stock Exchange ltd. [BSE] Cash Segment 2005
Bombay Stock Exchange ltd. [BSE]  F & O Segment 2006
MCX Stock Exchange Ltd. [MCX-SX] Currency Segment 2008
Depository Services
Central Depository Services Ltd Depository 2004
Commodity Market
Multi Commodity Exchange Ltd. [MCX] Commodity            2006
National Commodity and Derivative Exchange Ltd. [NCDEX] Commodity 2004
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