Propel Valves Profile
Key Indicators
- Authorised Capital ₹ 2.20 Cr
as on 18-07-2024
- Paid Up Capital ₹ 2.07 Cr
as on 18-07-2024
- Company Age 30 Year, 8 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.43 Cr
as on 18-07-2024
- Satisfied Charges ₹ 2.56 Cr
as on 18-07-2024
- Revenue -14.35%
(FY 2023)
- Profit 39.35%
(FY 2023)
- Ebitda 109.29%
(FY 2023)
- Net Worth 148.72%
(FY 2023)
- Total Assets -1.24%
(FY 2023)
About Propel Valves
The Company is engaged in the Machinery And Equipment 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 2.20 Cr and a paid-up capital of Rs 2.07 Cr.
The company currently has active open charges totaling ₹2.43 Cr. The company has closed loans amounting to ₹2.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muthukrishnan Swaminathan, Elapulli Narayanan, and Vivek Simon serve as directors at the Company.
- CIN/LLPIN
U30007TN1995PTC029790
- Company No.
029790
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jan 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Propel Valves Private Limited offer?
Propel Valves Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Gate & Sluice Valves, Separators, Strainers & Purifiers, Strainers, Ball Valves, Engine & Engine Spare Parts, Engine Components, Actuator Valves, Metal Valve.
Who are the key members and board of directors at Propel Valves?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Simon  | Whole-Time Director | 26-Feb-2013 | Current |
| Muthukrishnan Swaminathan | Director | 01-Apr-1995 | Current |
| Elapulli Narayanan | Director | 21-Mar-2007 | Current |
Financial Performance of Propel Valves.
Propel Valves Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.35% decrease. The company also saw a substantial improvement in profitability, with a 39.35% increase in profit. The company's net worth Soared by an impressive increase of 148.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Propel Valves?
In 2023, Propel Valves had a promoter holding of 39.16% and a public holding of 60.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 14 Oct 2023 | ₹0.07 M | Open |
Others Creation Date: 15 Feb 2022 | ₹0.38 M | Open |
Others Creation Date: 09 Sep 2016 | ₹2.39 Cr | Open |
How Many Employees Work at Propel Valves?
Propel Valves has a workforce of 9 employees as of Apr 07, 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 Valves, 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 Valves'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.
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