Propower Systems Private Limited

Manufactures electrical equipment such as ARD, elevator control panels, and drives in Bangalore.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Propower Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.19 M
  • Revenue Growth -7.76%
  • Profit Growth 31.67%
  • Ebitda 29.53%
  • Net Worth 67.71%
  • Total Assets 9.14%

About Propower Systems

Propower Systems Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2016 (Eight years and two months 14 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹1.19 M.

Kanalli Shekar and Somalingappa Yogaraja serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    propower.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309KA2016PTC098332

  • Company No.

    098332

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Propower Systems Private Limited offer?

Propower Systems Private Limited offers a wide range of products and services, including Inverters, UPS and Converters, UPS.

Who are the key members and board of directors at Propower Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Kanalli Shekar Country flag representing In Director 08-Dec-2016Current
Somalingappa Yogaraja Country flag representing In Director 08-Dec-2016Current

Financial Performance of Propower Systems.

Propower Systems Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.76% decrease. The company also saw a substantial improvement in profitability, with a 31.67% increase in profit. The company's net worth Soared by an impressive increase of 67.71%.

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
-7.76%
Revenue from Operations
-7.76%
Total Assets
9.14%
Profit or Loss
31.67%
Net Worth
67.71%
EBITDA
29.53%

What is the Ownership and Shareholding Structure of Propower Systems?

In 2021, Propower Systems 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)

Open Charges

₹1.19 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2021Hdfc Bank Limited₹1.19 MOpen

How Many Employees Work at Propower Systems?

Unlock and access historical data on people associated with Propower Systems, 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 Propower Systems, 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 Propower Systems'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 Propower Systems

Recent activity within the organization

  • Annual General Meeting

    Propower Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Propower Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.19 M with Charge ID 100465031 was registered on 28 Jun 2021.

    28 Jun 2021

  • Director Appointment

    Kanalli Shivashankar Chandra Shekar was appointed as a Director was appointed as a Director on 08 Dec 2016 & has been associated with this company since 8 years 2 months .

    08 Dec 2016

  • Director Appointment

    Somalingappa Yogaraja was appointed as a Director was appointed as a Director on 08 Dec 2016 & has been associated with this company since 8 years 2 months .

    08 Dec 2016

  • Company Incorporation

    Propower Systems Private Limited was registered on 08 Dec 2016 with Roc Bangalore & aged 8 years 2 months as per MCA records.

    08 Dec 2016

Frequently asked questions

  • Propower Systems Private Limited was incorporated on 08 Dec 2016.

  • The authorized share capital of Propower Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Propower Systems Private Limited.

    • Kanalli Shivashankar Chandra Shekar
    • Somalingappa Yogaraja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Propower Systems Private Limited is 27 Ground Floor 5Th Cross Belekahalli Begur Hobli, Bannerghatta R Oad India, Bangalore, Karnataka, 560076.

  • The corporate identification number (CIN) of Propower Systems Private Limited is U29309KA2016PTC098332 and the company number is 098332 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Propower Systems Private Limited is https://www.propower.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Propower Systems Private Limited has fallen by -7.76%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Propower Systems Private Limited has experienced an upsurge of 67.71%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Propower Systems Private Limited amount to ₹ 1.19 M.

  • The most recent Balance Sheet for Propower Systems Private Limited was filed with the ROC on 31 Mar 2024.