Propel Indenergy Solutions Private Limited

Manufactures and exports silent diesel generators and engines, with eco-friendly options.

1999 | Thane, Maharashtra (India) | Active
Last Updated:

Propel Indenergy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 20.41 Cr
  • Revenue Growth 11.52%
  • Profit Growth 123.42%
  • Ebitda 214.26%
  • Net Worth 33.58%
  • Total Assets 26.51%

About Propel Indenergy Solutions

Propel Indenergy Solutions Private Limited (PISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 1999 and has a history of 25 years and ten months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Eram Engineers Private Limited. The Company is engaged in the Automotive 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 3.50 Cr and a paid-up capital of Rs 3.45 Cr.

The company has closed loans amounting to ₹20.41 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jageshwar Agnihotri, Rajesh Kumar, and Raveesh Mishra serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31101MH1999PTC120761

  • Company No.

    120761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1999

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Propel Indenergy Solutions Private Limited offer?

Propel Indenergy Solutions Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, AMF Panels, Generators, Turbines & Power Plants, Gas Powered Generators, Electrical Distribution System, LT Distribution Panel, Diesel Engine Generator Set, Power Generator, Industrial Appliances Repair & Maintenance, DG Maintenance Services.

Company report

Propel Indenergy Solutions Private Limited

Explore comprehensive data for Propel Indenergy Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Jageshwar Agnihotri Country flag representing In Director 20-Jul-2016Current
Rajesh Kumar Country flag representing In Director 26-Jul-2021Current
Raveesh Mishra Country flag representing In Director 20-Aug-2020Current

Financial Performance of Propel Indenergy Solutions.

Propel Indenergy Solutions Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 11.52% increase. The company also saw a substantial improvement in profitability, with a 123.42% increase in profit. The company's net worth Soared by an impressive increase of 33.58%.

Propel Indenergy Solutions revenue growth over time
Propel Indenergy Solutions 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
11.52%
Revenue from Operations
11.52%
Total Assets
26.51%
Profit or Loss
123.42%
Net Worth
33.58%
EBITDA
214.26%

What is the Ownership and Shareholding Structure of Propel Indenergy Solutions?

In 2020, Propel Indenergy Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹20.41 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.00 Cr
  • Dombivli Nagri Sahakari Bank Ltd. : 7.72 Cr
  • Dombivli Nagari Sahakari Bank Ltd. : 1.69 Cr
  • Dombivli Nagari Sahakari Bank Ltd : 0.55 Cr
  • Dombivli Nagari Sahakari Bank Limited : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2017Hdfc Bank Limited₹10.00 CrSatisfied
27 Apr 2012Dombivli Nagri Sahakari Bank Ltd.₹2.00 MSatisfied
18 Apr 2012Dombivli Nagri Sahakari Bank Ltd.₹7.00 MSatisfied
27 Mar 2012Dombivli Nagri Sahakari Bank Ltd.₹2.00 MSatisfied
19 Mar 2012Dombivli Nagri Sahakari Bank Ltd.₹3.30 CrSatisfied

How Many Employees Work at Propel Indenergy Solutions?

Propel Indenergy Solutions has a workforce of 1 employees as of Apr 02, 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 growth trends for Propel Indenergy Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Propel Indenergy Solutions, 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 Indenergy Solutions'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 Propel Indenergy Solutions

Recent activity within the organization

  • Annual General Meeting

    Propel Indenergy Solutions Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 09 May 2017 via Charge ID 100106245 with Hdfc Bank Limited was fully satisfied on 17 May 2023.

  • Balance Sheet

    Propel Indenergy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Rajesh Kumar was appointed as a Director was appointed as a Director on 26 Jul 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Raveesh Mishra was appointed as a Director was appointed as a Director on 20 Aug 2020 & has been associated with this company since 4 years 9 months .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 09 May 2017 with Charge ID 100106245 was modified on 16 Nov 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Propel Indenergy Solutions Private Limited?

    Propel Indenergy Solutions Private Limited was incorporated on 12 Jul 1999.

  • What is authorized share capital and paid-up capital of Propel Indenergy Solutions Private Limited?

    The authorized share capital of Propel Indenergy Solutions Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.45 Cr.

  • Who are the current board members & directors of Propel Indenergy Solutions Private Limited?

    Currently 3 directors are associated with Propel Indenergy Solutions Private Limited.

    • Jageshwar Agnihotri
    • Rajesh Kumar
    • Raveesh Mishra

  • What is the registered address of Propel Indenergy Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Propel Indenergy Solutions Private Limited is Plot No H-15, Addl Midc India, Murbad, Maharashtra, 421401.

  • What is the corporate identification number (CIN) and company number of Propel Indenergy Solutions Private Limited?

    The corporate identification number (CIN) of Propel Indenergy Solutions Private Limited is U31101MH1999PTC120761 and the company number is 120761 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Propel Indenergy Solutions Private Limited?

    The Official website of Propel Indenergy Solutions Private Limited is https://www.propelsystech.com

  • What has been the recent revenue trend for Propel Indenergy Solutions Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Propel Indenergy Solutions Private Limited has risen by 11.52%.

  • How many employees does Propel Indenergy Solutions Private Limited currently have?

    As Per 2021 financial reports, 1 employees are currently employed by Propel Indenergy Solutions Private Limited.

  • What change has been observed in the net worth of Propel Indenergy Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Propel Indenergy Solutions Private Limited has experienced an upsurge of 33.58%.

  • When was the last Balance Sheet of Propel Indenergy Solutions Private Limited filed with the ROC?

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

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