Propulsion Aviation Private Limited

Air transportation services for passengers in India and abroad.

2019 | Delhi (India) | Active
Last Updated: November 17, 2024

Propulsion Aviation Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.56 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.51 Cr
  • Revenue Growth 44.38%
  • Profit Growth 22.63%
  • Ebitda 19.70%
  • Net Worth 40.69%
  • Total Assets 21.21%

About Propulsion Aviation

Propulsion Aviation Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 October 2019 (Five years and three months 26 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Transport And Logistics 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 2.00 Cr and a paid-up capital of Rs 1.56 Cr.

The company currently has active open charges totaling ₹3.51 Cr.

Sachin Aggarwal and Navneet Aggarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U62100DL2019PTC356827

  • Company No.

    356827

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

Who are the key members and board of directors at Propulsion Aviation?

Board Members (2)

NameDesignationAppointment DateStatus
Sachin Aggarwal Country flag representing In Director 30-Oct-2019Current
Navneet Aggarwal Country flag representing In Director 30-Oct-2019Current

Financial Performance of Propulsion Aviation.

Propulsion Aviation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.38% increase. The company also saw a substantial improvement in profitability, with a 22.63% increase in profit. The company's net worth Soared by an impressive increase of 40.69%.

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
44.38%
Revenue from Operations
45.05%
Total Assets
21.21%
Profit or Loss
22.63%
Net Worth
40.69%
EBITDA
19.70%

What is the Ownership and Shareholding Structure of Propulsion Aviation?

Unlock access to Propulsion Aviation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.51 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.35 Cr
  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2022Hdfc Bank Limited₹1.60 MOpen
26 Sep 2022Others₹3.35 CrOpen

How Many Employees Work at Propulsion Aviation?

Propulsion Aviation has a workforce of 6 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Propulsion Aviation, 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 Propulsion Aviation'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 Propulsion Aviation

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Propulsion Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100655096 was registered on 02 Dec 2022.

    02 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 3.35 Cr with Charge ID 100616981 was registered on 26 Sep 2022.

    26 Sep 2022

  • Director Appointment

    Sachin Aggarwal was appointed as a Director was appointed as a Director on 30 Oct 2019 & has been associated with this company since 5 years 3 months .

    30 Oct 2019

  • Director Appointment

    Navneet Aggarwal was appointed as a Director was appointed as a Director on 30 Oct 2019 & has been associated with this company since 5 years 3 months .

    30 Oct 2019

Frequently asked questions

  • Propulsion Aviation Private Limited was incorporated on 30 Oct 2019.

  • The authorized share capital of Propulsion Aviation Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.56 Cr.

  • Currently 2 directors are associated with Propulsion Aviation Private Limited.

    • Sachin Aggarwal
    • Navneet Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Propulsion Aviation Private Limited is 48-A Street No. 2 Pratap Vihar Part-1, Kirari Extension India, Delhi, 110086.

  • The corporate identification number (CIN) of Propulsion Aviation Private Limited is U62100DL2019PTC356827 and the company number is 356827 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Propulsion Aviation Private Limited has risen by 44.38%.

  • As Per 2023 financial reports, 6 employees are currently employed by Propulsion Aviation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Propulsion Aviation Private Limited has experienced an upsurge of 40.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Propulsion Aviation Private Limited amount to ₹ 3.51 Cr.

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

People also Viewed

Similar Companies Based on Air Transport Services