Propel Valves Profile
Key Indicators
- Authorised Capital ₹ 2.20 Cr
- Paid Up Capital ₹ 2.07 Cr
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.23 Cr
- Satisfied Charges ₹ 2.56 Cr
- Revenue Growth -14.35%
- Profit Growth 39.35%
- Ebitda 109.29%
- Net Worth 148.72%
- Total Assets -1.24%
About Propel Valves
Propel Valves Private Limited (PVPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 1995 and has a history of 30 years and two months. Its registered office is in Tiruvallur, Tamil Nadu, India.
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 2024. 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 ₹2.23 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.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30007TN1995PTC029790
- Company No.
029790
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jan 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Machinery and Equipment
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)
Open Charges
₹2.23 Cr
Satisfied Charges
₹2.56 Cr
Charges Breakdown by Lending Institutions
- Others : 2.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2023 | Others | ₹0.07 M | Open |
| 15 Feb 2022 | Others | ₹0.38 M | Open |
| 09 Sep 2016 | Others | ₹2.19 Cr | Open |
| 12 May 2014 | Corporation Bank | ₹1.36 Cr | Satisfied |
| 08 Jan 1996 | Canara Bank | ₹0.63 M | Satisfied |
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.
Latest Updates, News, and FAQs on Propel Valves
Recent activity within the organization
- Charges
A charge with Others of Rs. 2.19 Cr registered on 09 Sep 2016 with Charge ID 100059076 was modified on 08 Jan 2025.
- Annual General Meeting
Propel Valves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Propel Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100811874 was registered on 14 Oct 2023.
- Charges
A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100545324 was registered on 15 Feb 2022.
- Charges
A charge registered on 12 May 2014 via Charge ID 10517303 with Corporation Bank was fully satisfied on 05 Oct 2016.
Frequently asked questions
What is the Incorporation or founding date of Propel Valves Private Limited?
Propel Valves Private Limited was incorporated on 09 Jan 1995.
What is authorized share capital and paid-up capital of Propel Valves Private Limited?
The authorized share capital of Propel Valves Private Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.07 Cr.
Who are the current board members & directors of Propel Valves Private Limited?
Currently 3 directors are associated with Propel Valves Private Limited.
- Muthukrishnan Swaminathan
- Elapulli Sankar Narayanan
- Vivek Jacob Simon
What is the registered address of Propel Valves Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Propel Valves Private Limited is 32 33 Spartan Avenue, Thiruvalluvar Nagar Mogappair India, Chennai, Tamil Nadu, 600037.
What is the corporate identification number (CIN) and company number of Propel Valves Private Limited?
The corporate identification number (CIN) of Propel Valves Private Limited is U30007TN1995PTC029790 and the company number is 029790 as per Ministry of Corporate Affairs (MCA).
What is the official website of Propel Valves Private Limited?
The Official website of Propel Valves Private Limited is https://www.propelvalves.com
What has been the recent revenue trend for Propel Valves Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Propel Valves Private Limited has fallen by -14.35%.
How many employees does Propel Valves Private Limited currently have?
As Per 2023 financial reports, 9 employees are currently employed by Propel Valves Private Limited.
What change has been observed in the net worth of Propel Valves Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Propel Valves Private Limited has experienced an upsurge of 148.72%.
What are the total open charges for Propel Valves Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Propel Valves Private Limited amount to ₹ 2.23 Cr.
When was the last Balance Sheet of Propel Valves Private Limited filed with the ROC?
The most recent Balance Sheet for Propel Valves Private Limited was filed with the ROC on 31 Mar 2024.
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