Propel Flexibles Profile
Key Indicators
- Authorised Capital ₹ 3.80 Cr
- Paid Up Capital ₹ 3.80 Cr
- Company Age 7 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.04 Cr
- Revenue Growth 56.12%
- Profit Growth 21.82%
- Ebitda 9.83%
- Net Worth 34.64%
- Total Assets 18.62%
About Propel Flexibles
Propel Flexibles Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 2018 (Seven years and one month 12 days old ). Its registered office is in Virudhunagar, Tamil Nadu, India.
The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.80 Cr and a paid-up capital of Rs 3.80 Cr.
The company currently has active open charges totaling ₹15.04 Cr.
Ranjan Vijayasingh and Vijayasingh Chelladhurai serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25111TN2018PTC121433
- Company No.
121433
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Packaging
Propel Flexibles Private Limited
Explore comprehensive data for Propel Flexibles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Propel Flexibles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjan Vijayasingh  | Director | 14-Mar-2018 | Current |
| Vijayasingh Chelladhurai | Director | 14-Mar-2018 | Current |
Financial Performance of Propel Flexibles.
Propel Flexibles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.12% increase. The company also saw a substantial improvement in profitability, with a 21.82% increase in profit. The company's net worth Soared by an impressive increase of 34.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Propel Flexibles?
In 2023, Propel Flexibles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mepco Industries LimitedVijayasingh Chelladhurai is a mutual person
Bell Products Private LimitedRanjan Vijayasingh and Vijayasingh Chelladhurai are mutual person
Chellsons Packaging Private LimitedRanjan Vijayasingh is a mutual person
Bell Printers Private LimitedRanjan Vijayasingh is a mutual person
- Tirunelveli Spun Pipes Private Limited
Ranjan Vijayasingh and Vijayasingh Chelladhurai are mutual person
- Lily Pins Private Limited
Ranjan Vijayasingh and Vijayasingh Chelladhurai are mutual person
Charges (Loans)
Open Charges
₹15.04 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 7.44 Cr
- Others : 6.70 Cr
- Hdfc Bank Limited : 0.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2023 | Hdfc Bank Limited | ₹8.98 M | Open |
| 10 Feb 2023 | Others | ₹1.70 Cr | Open |
| 21 Jan 2022 | Others | ₹1.00 Cr | Open |
| 11 Nov 2019 | State Bank Of India | ₹7.44 Cr | Open |
| 06 Jun 2019 | Others | ₹4.00 Cr | Open |
How Many Employees Work at Propel Flexibles?
Propel Flexibles has a workforce of 29 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Propel Flexibles, 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 Flexibles'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.
Latest Updates, News, and FAQs on Propel Flexibles
Recent activity within the organization
- Charges
A charge with State Bank Of India of Rs. 7.44 Cr registered on 11 Nov 2019 with Charge ID 100306100 was modified on 27 Nov 2024.
- Annual General Meeting
Propel Flexibles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Propel Flexibles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100902563 was registered on 28 Dec 2023.
- Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100710958 was registered on 10 Feb 2023.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100528776 was registered on 21 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Propel Flexibles Private Limited?
Propel Flexibles Private Limited was incorporated on 14 Mar 2018.
What is authorized share capital and paid-up capital of Propel Flexibles Private Limited?
The authorized share capital of Propel Flexibles Private Limited is ₹ 3.80 Cr and paid-up capital is ₹ 3.80 Cr.
Who are the current board members & directors of Propel Flexibles Private Limited?
Currently 2 directors are associated with Propel Flexibles Private Limited.
- Ranjan Vijayasingh
- Vijayasingh Chelladhurai
What is the registered address of Propel Flexibles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Propel Flexibles Private Limited is No.1/335, Saminatham Mellur Sirviliputhur To Main Road India, Sivakasi, Tamil Nadu, 626141.
What is the corporate identification number (CIN) and company number of Propel Flexibles Private Limited?
The corporate identification number (CIN) of Propel Flexibles Private Limited is U25111TN2018PTC121433 and the company number is 121433 as per Ministry of Corporate Affairs (MCA).
What is the official website of Propel Flexibles Private Limited?
The Official website of Propel Flexibles Private Limited is https://www.propelflexibles.com
What has been the recent revenue trend for Propel Flexibles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Propel Flexibles Private Limited has risen by 56.12%.
How many employees does Propel Flexibles Private Limited currently have?
As Per 2023 financial reports, 29 employees are currently employed by Propel Flexibles Private Limited.
What change has been observed in the net worth of Propel Flexibles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Propel Flexibles Private Limited has experienced an upsurge of 34.64%.
What are the total open charges for Propel Flexibles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Propel Flexibles Private Limited amount to ₹ 15.04 Cr.
When was the last Balance Sheet of Propel Flexibles Private Limited filed with the ROC?
The most recent Balance Sheet for Propel Flexibles Private Limited was filed with the ROC on 31 Mar 2024.
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