

Propel Indenergy Solutions Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.45 Cr
- Company Age 25 Year, 9 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 nine 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
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.
Who are the key members and board of directors at Propel Indenergy Solutions?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Jageshwar Agnihotri ![]() | Director | 20-Jul-2016 | Current |
Rajesh Kumar ![]() | Director | 26-Jul-2021 | Current |
Raveesh Mishra ![]() | Director | 20-Aug-2020 | Current |
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%.


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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.

Related Corporates (Common Directorship)
- Propel Power Systems Private Limited
Jageshwar Agnihotri and Rajesh Kumar are mutual person
- Indotrac Infrastructures Private Limited
Rajesh Kumar is a mutual person
- Sirius Gastech Private Limited
Rajesh Kumar is a mutual person
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
---|---|---|---|
09 May 2017 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
27 Apr 2012 | Dombivli Nagri Sahakari Bank Ltd. | ₹2.00 M | Satisfied |
18 Apr 2012 | Dombivli Nagri Sahakari Bank Ltd. | ₹7.00 M | Satisfied |
27 Mar 2012 | Dombivli Nagri Sahakari Bank Ltd. | ₹2.00 M | Satisfied |
19 Mar 2012 | Dombivli Nagri Sahakari Bank Ltd. | ₹3.30 Cr | Satisfied |
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.

Deals i

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

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 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 8 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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