Propello Innovations Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.19 Cr
- Company Age 15 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.10 Cr
- Satisfied Charges ₹ 4.60 Cr
- Revenue Growth -26.84%
- Profit Growth -164.24%
- Ebitda 11.01%
- Net Worth -1.61%
- Total Assets 8.40%
About Propello Innovations
Propello Innovations Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 August 2009 and has a history of 15 years and five months. Its registered office is in 24 Parganas, West Bengal, India.
The Company is engaged in the Consumer Electronics & Durables 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 4.50 Cr and a paid-up capital of Rs 4.19 Cr.
The company currently has active open charges totaling ₹11.10 Cr. The company has closed loans amounting to ₹4.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nidhi Gupta, Manish Gupta, Uttam Kochar, and Two other members serve as directors at the Company.
Company Details
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Location
24 Parganas, West Bengal, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74900WB2009PTC137818
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Company No.
137818
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Aug 2009
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Propello Innovations Private Limited offer?
Propello Innovations Private Limited offers a wide range of products and services, including Kitchen Chimney for Home, Electric Chimney, Home Appliances & Kitchen Appliances, Kitchen Appliance, Induction Cooktops, Hobs & Burners, Cook Top Stove, Water Purifiers, RO Water Purifiers, Propello Kitchen Chimney, Modular Kitchen Chimney.
Who are the key members and board of directors at Propello Innovations?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rupesh Poddar
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Director | 01-Apr-2010 | Current |
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Nidhi Gupta
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Director | 17-Aug-2009 | Current |
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Manish Gupta
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Director | 17-Aug-2009 | Current |
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Uttam Kochar
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Director | 01-Apr-2010 | Current |
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Rajesh Gupta
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Director | 27-Jul-2011 | Current |
Financial Performance of Propello Innovations.
Propello Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.84% decrease. The company also saw a substantial fall in profitability, with a 164.24% decrease in profit. The company's net worth dipped by a decrease of 1.61%.
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What is the Ownership and Shareholding Structure of Propello Innovations?
In 2023, Propello Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Stainless International Private LimitedManish Gupta is a mutual person
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Oliver Sales Private Limited
Manish Gupta is a mutual person
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Capival Finserv Private Limited
Uttam Kochar and Rupesh Poddar are mutual person
Charges (Loans)
₹11.10 Cr
₹4.60 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 11.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Nov 2013 | The South Indian Bank Limited | ₹11.10 Cr | Open |
| 18 Feb 2013 | Icici Bank Limited | ₹3.10 Cr | Satisfied |
| 16 Nov 2011 | Karnataka Bank Ltd. | ₹1.50 Cr | Satisfied |
How Many Employees Work at Propello Innovations?
Propello Innovations has a workforce of 84 employees as of Mar 31, 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 Propello Innovations, 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 Propello Innovations'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.