Propeller Solutions Private Limited

IT design and development services for disruptive applications promoting social well-being.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated:

Propeller Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 153.59%
  • Profit Growth 30.29%
  • Ebitda 30.29%
  • Net Worth -55.88%
  • Total Assets 14.19%

About Propeller Solutions

Propeller Solutions Private Limited (PSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and seven months 5 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Swapan Dutta, Ritesh Mehrotra, Sandeep Suri, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2018PTC116687

  • Company No.

    116687

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2018

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Propeller Solutions Private Limited

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

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

Board Members (4)

NameDesignationAppointment DateStatus
Swapan Dutta Country flag representing In Director 01-Feb-2019Current
Sandeep Suri Country flag representing In Director 20-Sep-2019Current
Ritesh Mehrotra Country flag representing In Director 20-Sep-2018Current
Rajeev Chadha Country flag representing In Director 01-Feb-2019Current

Financial Performance of Propeller Solutions.

Propeller Solutions Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 153.59% increase. The company also saw a substantial improvement in profitability, with a 30.29% increase in profit. The company's net worth observed a substantial decline by a decrease of 55.88%.

Propeller Solutions revenue growth over time
Propeller 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
153.59%
Revenue from Operations
153.59%
Total Assets
14.19%
Profit or Loss
30.29%
Net Worth
-55.88%
EBITDA
30.29%

What is the Ownership and Shareholding Structure of Propeller Solutions?

In 2021, Propeller Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Propeller Solutions?

Unlock and access historical data on people associated with Propeller Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Propeller Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Propeller 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 Propeller 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 Propeller Solutions

Recent activity within the organization

  • Annual General Meeting

    Propeller Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Propeller Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

  • Director Appointment

    Sandeep Suri was appointed as a Director was appointed as a Director on 20 Sep 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Swapan Kumar Dutta was appointed as a Director was appointed as a Director on 01 Feb 2019 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Rajeev Chadha was appointed as a Director was appointed as a Director on 01 Feb 2019 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Ritesh Mehrotra was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 6 years 7 months .

Frequently asked questions

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

    Propeller Solutions Private Limited was incorporated on 20 Sep 2018.

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

    The authorized share capital of Propeller Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.12 M.

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

    Currently 4 directors are associated with Propeller Solutions Private Limited.

    • Swapan Kumar Dutta
    • Ritesh Mehrotra
    • Sandeep Suri
    • Rajeev Chadha

  • What is the registered address of Propeller Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Propeller Solutions Private Limited is No.737 Kheny Plaza Cmh Road Binnamangala 2Nd Cross, Indiranagar India, Bengaluru, Karnataka, 560038.

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

    The corporate identification number (CIN) of Propeller Solutions Private Limited is U74999KA2018PTC116687 and the company number is 116687 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Propeller Solutions Private Limited has risen by 153.59%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Propeller Solutions Private Limited has experienced an downturn of -55.88%.

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

    The most recent Balance Sheet for Propeller Solutions Private Limited was filed with the ROC on 31 Mar 2021.

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