Propel Apps Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 69.53%
- Profit Growth 326.43%
- Ebitda 106.60%
- Net Worth 783.89%
- Total Assets -8.30%
About Propel Apps
Propel Apps Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2017 (Seven years and seven months 10 days old ). Its registered office is in Hydernagar, Telangana, India.
The Corporate was formerly known as Proppel Apps Private Limited. The Company is engaged in the Information Technology 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 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Gangaiah Peddisetti and Sumantha Vanga serve as directors at the Company.
Company Details
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Location
Hydernagar, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900TG2017PTC117889
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Company No.
117889
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Jun 2017
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Propel Apps?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gangaiah Peddisetti
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Additional Director | 22-Dec-2017 | Current |
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Sumantha Vanga
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Director | 24-Aug-2021 | Current |
Financial Performance of Propel Apps.
Propel Apps Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.53% increase. The company also saw a substantial improvement in profitability, with a 326.43% increase in profit. The company's net worth Soared by an impressive increase of 783.89%.
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What is the Ownership and Shareholding Structure of Propel Apps?
In 2023, Propel Apps had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Propel Apps?
Unlock and access historical data on people associated with Propel Apps, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Propel Apps, 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 Propel Apps's trajectory.
Rating
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
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.
