Propel Flexibles Private Limited

Propel Flexibles Private Limited

Produces polythene bags for various industries.
2018 | Sivakasi, Tamil Nadu (India) | Active

Last Updated:

July 17, 2024
HomeCompanyPropel Flexibles Private Limited

Who are the key members and board of directors at Propel Flexibles?

Board Members(2)

NameDesignationAppointment DateStatus
Vijayasingh Chelladhurai In Director 14-Mar-2018Current
Ranjan Vijayasingh In Director 14-Mar-2018Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
56.12%
Revenue from Operations
57.13%
Total Assets
18.62%
Profit or Loss
21.82%
Net Worth
34.64%
EBITDA
9.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹11.48 Cr

LenderAmountStatus

Others

Creation Date: 10 Feb 2023
₹1.70 CrOpen

Others

Creation Date: 21 Jan 2022
₹1.00 CrOpen

State Bank Of India

Creation Date: 11 Nov 2019
₹4.78 CrOpen

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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Propel Flexibles

Recent activity within the organization

  • Annual General Meeting

    Propel Flexibles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.78 Cr registered on 11 Nov 2019 with Charge ID 100306100 was modified on 03 Jul 2023.

    03 Jul 2023

  • Balance Sheet

    Propel Flexibles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100710958 was registered on 10 Feb 2023.

    10 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100528776 was registered on 21 Jan 2022.

    21 Jan 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.78 Cr with Charge ID 100306100 was registered on 11 Nov 2019.

    11 Nov 2019

Frequently asked questions

  • Propel Flexibles Private Limited was incorporated on 14 Mar 2018.

  • The authorized share capital of Propel Flexibles Private Limited is ₹ 3.80 Cr and paid-up capital is ₹ 3.80 Cr.

  • Currently 2 directors are associated with Propel Flexibles Private Limited.

    • Vijayasingh Chelladhurai
    • Ranjan Vijayasingh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Propel Flexibles Private Limited is No.1/335Saminatham Mellur Sirviliputhur To Sivakasi Main Road, Tamil Nadu, India, 626141.

  • 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).

  • The Official website of Propel Flexibles Private Limited is https://www.propelflexibles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Propel Flexibles Private Limited has risen by 56.12%.

  • As Per 2023 financial reports, 29 employees are currently employed by Propel Flexibles Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Propel Flexibles Private Limited amount to ₹ 11.48 Cr.

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

Similar Companies Based on Industrial Packaging Solutions