Propel Flexibles Profile
Key Indicators
- Authorised Capital ₹ 3.80 Cr
- Paid Up Capital ₹ 3.80 Cr
- Company Age 6 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.48 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 (Six years and ten months 20 days old ). Its registered office is in Sivakasi, 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 2023. 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 ₹11.48 Cr.
Vijayasingh Chelladhurai and Ranjan Vijayasingh serve as directors at the Company.
Company Details
-
Location
Sivakasi, 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 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Propel Flexibles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijayasingh Chelladhurai
|
Director | 14-Mar-2018 | Current |
|
Ranjan Vijayasingh
|
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
| Metrics |
|
(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 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 LimitedVijayasingh Chelladhurai and Ranjan Vijayasingh are mutual person
-
Chellsons Packaging Private LimitedRanjan Vijayasingh is a mutual person
-
Bell Printers Private LimitedRanjan Vijayasingh is a mutual person
-
Bell Pyrotechnics Pvt LtdVijayasingh Chelladhurai is a mutual person
-
Rajaratnam Fireworks Private Limited
Vijayasingh Chelladhurai is a mutual person
Charges (Loans)
₹11.48 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 6.70 Cr
- State Bank Of India : 4.78 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2023 | Others | ₹1.70 Cr | Open |
| 21 Jan 2022 | Others | ₹1.00 Cr | Open |
| 11 Nov 2019 | State Bank Of India | ₹4.78 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.