About Propeller Ads Private Limited
Data last updated:
Propeller Ads Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Adtech Holding Limited, Cyprus. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the advertising and media services segment of the media and publishing sector. It was incorporated on 14 July 2022.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC163782. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors Jagadish Harikrishna Shukla and Aleksandr Bykov.
Its last annual general meeting (AGM) was held on 20 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.21 Cr. For the same year it recorded a net loss of ₹21.47 Lakh (net margin -9.7%) and EBITDA of -₹1.72 Lakh (EBITDA margin -0.8%).
The company was associated with 1 brand: Propeller Ads.
The last known website on record is propellerads.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC/O We Work No 36 Prestige Central, Infantry Road, Bangalore, Karnataka, India – 560001
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Propeller Ads Private Limited
The main business activity of Propeller Ads is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Propeller Ads Private Limited FY 2023 filings available
Propeller Ads Private Limited reported revenue of ₹2.21 Cr for FY 2023.
Financial Statement Summary of Propeller Ads Private Limited
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.21 Cr |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹1.72 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹21.47 Lakh |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of Propeller Ads Private Limited
| Metrics | FY 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | -0.8% |
| Net Profit Margin | -9.7% |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Propeller Ads are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Propeller Ads Private Limited
Propeller Ads Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Schbang Media Private Limited | ₹2.21 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| All About Ideas Solutions Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Jogeshwari East, Maharashtra, India |
| Tyrads India Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 440.0% | •••• | Bangalore, Karnataka, India |
| Adn Consultants Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 270.0% | •••• | Lucknow, Uttar Pradesh, India |
| Leadoconnect Global Solutions Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Kandivlai West, Maharashtra, India |
| Propeller Ads Private Limited this company | ₹2.21 Cr (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Yellophant Digital Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Solomo Media Private Limited | ₹2.2 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Delhi, India |
| Cosmo Solutions Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Mot Juste Communication Services Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| FR Media Private Limited | ₹2.19 Cr (FY 2024) | •••• | •••• | 178.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Propeller Ads by revenue in the Media and Publishing industry (Advertising Agencies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Propeller Ads Private Limited
Propeller Ads Private Limited is audited by MALLYA & MALLYA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MALLYA & MALLYA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Propeller Ads Private Limited
Propeller Ads has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadish Harikrishna Shukla Also directs: Eka Lav Consulting Private Limited | Director | 14 Jul 2022 | 4 Years 2 Months | As last reported |
| Aleksandr Bykov | Nominee Director | 24 Mar 2023 | 3 Years 6 Months | As last reported |
Ownership and Shareholding of Propeller Ads Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Propeller Ads Private Limited
Propeller Ads Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Propeller Ads Private Limited
Propeller Ads operates one associated brand: Propeller Ads. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a cross-device online advertising network. | propellerads.com |
Employees and EPFO Compliance at Propeller Ads Private Limited
Propeller Ads Private Limited has a workforce of 0 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Propeller Ads Private Limited
Propeller Ads Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Egor Loginov ceased to be Director on 04 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Propeller Ads Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Propeller Ads Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Propeller Ads Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Propeller Ads Private Limited
Propeller Ads has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Propeller Ads Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Propeller Ads Private Limited
Propeller Ads has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Propeller Ads was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in advertising agencies and media services, within the media and publishing industry. It was incorporated on 14 July 2022 and is registered under CIN U72900KA2022FTC163782. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Propeller Ads was incorporated on 14 July 2022. It is registered with the Registrar of Companies, Bangalore.
Propeller Ads had 2 directors:
- Jagadish Harikrishna Shukla - Director
- Aleksandr Bykov - Nominee Director
The CIN (Corporate Identification Number) of Propeller Ads is U72900KA2022FTC163782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Propeller Ads is at CO We Work No 36 Prestige Central, Infantry Road, Bangalore, Karnataka, India – 560001.
Propeller Ads can be reached through the website propellerads.com. Its registered office is in Bangalore, Karnataka, India.
Propeller Ads reported revenue of ₹2.21 Cr for FY 2023.
Propeller Ads has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh.
Propeller Ads reported a net loss of ₹21.47 Lakh (net margin -9.7%) and EBITDA of -₹1.72 Lakh (EBITDA margin -0.8%) for FY 2023, as per its filed financial statements.
No. Propeller Ads has 1 GST registration on record and it is cancelled or inactive.