Propellex Solutions Private Limited

Provides hardware and software consultancy services, based in Maharashtra.

2002 | Pune, Maharashtra (India) | Active
Last Updated: January 16, 2025

Propellex Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -100.00%
  • Profit Growth 34.14%
  • Ebitda 36.32%
  • Net Worth -24.44%
  • Total Assets -24.74%

About Propellex Solutions

Propellex Solutions Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 December 2002 and has a history of 22 years and two months. Its registered office is in Pune, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ramchandran Sundaram and Shanti Sundaram serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    propellex.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72920PN2002PTC017514

  • Company No.

    017514

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

What products or services does Propellex Solutions Private Limited offer?

Propellex Solutions Private Limited offers a wide range of products and services, including Capacitor, Power Capacitors, Batteries & Charge Storage Devices, Battery Chargers, Intelligence and Spying Devices, Spy Surveillance Equipment, VFD, PLC, HMI & Control Equipments, Lighting Controllers.

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

Board Members (2)

NameDesignationAppointment DateStatus
Ramchandran Sundaram Country flag representing In Director 15-Mar-2005Current
Shanti Sundaram Country flag representing In Whole-Time Director 17-Dec-2002Current

Financial Performance of Propellex Solutions.

Propellex Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 34.14% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.44%.

Graph illustrating revenue growth over time
Graph showing 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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-24.74%
Profit or Loss
34.14%
Net Worth
-24.44%
EBITDA
36.32%

What is the Ownership and Shareholding Structure of Propellex Solutions?

In 2023, Propellex Solutions had a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Propellex Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Propellex Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Propellex Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Ramchandran Sundaram was appointed as a Director was appointed as a Director on 15 Mar 2005 & has been associated with this company since 19 years 11 months .

    15 Mar 2005

  • Director Appointment

    Shanti Rama Sundaram was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Dec 2002 & has been associated with this company since 22 years 2 months .

    17 Dec 2002

  • Company Incorporation

    Propellex Solutions Private Limited was registered on 17 Dec 2002 with Roc Pune & aged 22 years 2 months as per MCA records.

    17 Dec 2002

Frequently asked questions

  • Propellex Solutions Private Limited was incorporated on 17 Dec 2002.

  • The authorized share capital of Propellex Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Propellex Solutions Private Limited.

    • Ramchandran Sundaram
    • Shanti Rama Sundaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Propellex Solutions Private Limited is Flat 2A Sunshree Woods Nimb Road Kondhwa India, Pune, Maharashtra, 411004.

  • The corporate identification number (CIN) of Propellex Solutions Private Limited is U72920PN2002PTC017514 and the company number is 017514 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Propellex Solutions Private Limited is https://www.propellex.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Propellex Solutions Private Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Propellex Solutions Private Limited has experienced an downturn of -24.44%.

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

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