Propanel Private Limited

Specializes in home improvement and decor products, including furniture and appliances.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Propanel Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr

About Propanel

Propanel Private Limited (PPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 November 2021 (Three years and two months 9 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.15 M.

The company currently has active open charges totaling ₹2.50 Cr.

Rajesh Shinde, Sandeep Narve, and Ravi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36109KA2021PTC154798

  • Company No.

    154798

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2021

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

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

Board Members (3)

Name Designation Appointment Date Status
Rajesh Shinde Country flag representing In Director 24-Nov-2021 Current
Sandeep Narve Country flag representing In Director 24-Nov-2021 Current
Ravi Country flag representing In Director 24-Nov-2021 Current

Financial Performance of Propanel.

Propanel Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Propanel?

Unlock access to Propanel's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Nov 2022 Canara Bank ₹2.50 Cr Open

How Many Employees Work at Propanel?

Propanel has a workforce of 0 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Propanel Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Propanel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 25.00 M with Charge ID 100642418 was registered on 10 Nov 2022.

    10 Nov 2022

  • Director Appointment

    Rajesh Shinde was appointed as a Director was appointed as a Director on 24 Nov 2021 & has been associated with this company since 3 years 2 months .

    24 Nov 2021

  • Director Appointment

    Sandeep Kumar Jagannath Narve was appointed as a Director was appointed as a Director on 24 Nov 2021 & has been associated with this company since 3 years 2 months .

    24 Nov 2021

  • Director Appointment

    Ravi was appointed as a Director was appointed as a Director on 24 Nov 2021 & has been associated with this company since 3 years 2 months .

    24 Nov 2021

Frequently asked questions

  • Propanel Private Limited was incorporated on 24 Nov 2021.

  • The authorized share capital of Propanel Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.15 M.

  • Currently 3 directors are associated with Propanel Private Limited.

    • Rajesh Shinde
    • Sandeep Kumar Jagannath Narve
    • Ravi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Propanel Private Limited is No. 25/2 South End Road, Sheshadripuram Near Mantri Mall India, Bangalore, Karnataka, 560020.

  • The corporate identification number (CIN) of Propanel Private Limited is U36109KA2021PTC154798 and the company number is 154798 as per Ministry of Corporate Affairs (MCA).

  • As per the financial statements for fiscal Year 2022, The total open charges for Propanel Private Limited amount to ₹ 2.50 Cr.

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