About Rx Propellant
Rx Propellant is a company based in Hyderabad (India) founded in 2020 was acquired by Actis in May 2023. The company has 24 employees. Rx Propellant offers products and services including Turnkey Modular Lab Spaces, State-of-the-art Lab Spaces, High-Performance Spaces, and Large-Scale Manufacturing Spaces. Rx Propellant operates in a competitive market with competitors including Budimex, Afcons, Hercules Site Services, L.B. Foster and GPT Infraprojects, among others.
- Headquarter Hyderabad, India
- Employees 24
- SectorsReal Estate & Construction
- Website rxpropellant.com
- Social LinkedIn X Facebook YouTube
- Acquired by Actis (May 2023)
- Legal Name Rx Propellant Private Limited
- Date of Incorporation 23 Oct, 2020
- Jurisdiction Hyderabad, Telangana, India
Associated legal entities of Rx Propellant
Rx Propellant is associated with 2 registered companies on The Company Check; the primary company is Rx Propellant Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rx Propellant Private Limited CIN U70109TG2020PTC145191 | Active | 23 Oct 2020 | Hyderabad, Telangana | ₹33.2 Cr | 24 | 8 | View details |
| Jvrx Asset Management Private Limited CIN U70109TG2020PTC145003 | Active | 19 Oct 2020 | Hyderabad, Telangana | ₹11.7 Cr | 9 | 4 | View details |
Products & Services of Rx Propellant
Rx Propellant offers a comprehensive portfolio of products and services, including Turnkey Modular Lab Spaces, State-of-the-art Lab Spaces, High-Performance Spaces, and Large-Scale Manufacturing Spaces.
Customizable spaces for life sciences research and startups
Environments for research and light manufacturing activities
Facilities for intense chemistry research and scale-up
Areas for vaccines, biologics, and formulations
Apps and channels of Rx Propellant
its YouTube channel Rx Propellant has 58 subscribers and 14 videos.
Videos from Rx Propellant
The most watched videos on Rx Propellant's YouTube channel, Rx Propellant (58 subscribers). Click a video to play it here.
More on Rx Propellant.
Investors in Rx Propellant
Rx Propellant has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Actis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable infrastructure projects are invested in for essential services. | 1987 | act.is | London, United Kingdom |
Investor details for Rx Propellant
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Rx Propellant Private Limited (Rx Propellant)
Rx Propellant Private Limited is the primary company behind Rx Propellant. The boards of the 2 registered companies of Rx Propellant currently have 10 directors; the longest-serving is Vishal Goel, appointed in 2020. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Goel DIN 02348597 | Director | 19 Oct 2020 | 5 yrs 11 mo | Jvrx Asset Management Private Limited |
| Jasmeet Singh Chhabra DIN 00930654 | Director | 19 Oct 2020 | 5 yrs 11 mo | Jvrx Asset Management Private Limited |
| Praveen Kumar Poonamallee Sridharan DIN 09593829 | Director | 11 May 2022 | 4 yrs 5 mo | Rx Propellant Private Limited |
| Raghvendra Chandak DIN 08955457 | Director | 11 May 2022 | 4 yrs 5 mo | Rx Propellant Private Limited |
| Richard Stephen Mully DIN 09622502 | Director | 29 Jul 2022 | 4 yrs 2 mo | Rx Propellant Private Limited |
| Mohammed Hameeduddin Farouqui DIN 11368113 | Company Secretary | 02 Aug 2022 | 4 yrs 2 mo | Rx Propellant Private Limited |
| Brian David Chinappi DIN 06669399 | Director | 08 Nov 2023 | 2 yrs 11 mo | Rx Propellant Private Limited |
| Dinesh Meel DIN 06406897 | Director | 07 May 2024 | 2 yrs 5 mo | Rx Propellant Private Limited |
| Milind Ravi DIN 08694140 | CEO | 20 May 2025 | 1 yr 4 mo | Jvrx Asset Management Private Limited |
| Ashish Balram Singh DIN 02311126 | Managing Director | 22 Oct 2025 | 11 mo | Rx Propellant Private Limited |
People of Rx Propellant
6 people are tracked at Rx Propellant (4 in leadership, 2 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Kumar Gaurav Rastogi | Senior Vice President- Business Development | Leadership |
Sandhya Sama | Chief Financial Officer | Leadership |
Ravindra Singh Verma | Executive Director - Construction And Design | Leadership |
Ansh Dhote | Analyst | Team |
Utsah Nigam | Deputy Manager - Project Managament | Team |
Complete people profiles for Rx Propellant
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Rx Propellant
Figures of Rx Propellant Private Limited, the primary company behind Rx Propellant, for FY 2025. Revenue was ₹33.20 Cr (+199% year on year). Net loss was -₹30.25 Cr (-91% margin). EBITDA was -₹15.23 Cr (-46% margin).
- ₹33.20 CrRevenue · FY 2025 · +199% YoY
- -₹30.25 CrNet loss · -91% margin
- -₹15.23 CrEBITDA · -46% margin
- ₹131 CrPaid-up capital
- 24Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Rx Propellant Private Limited are on its company page.
Detailed financial statements for Rx Propellant
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rx Propellant
2 dated milestones of Rx Propellant across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Rx Propellant is founded.
- Exit Acquired by Actis.
Competitors of Rx Propellant
Rx Propellant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Budimex, Afcons, Hercules Site Services, L.B. Foster and GPT Infraprojects, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| budimex.pl | 1968 | Warsaw, Poland | – | – | Infrastructure such as roadways, railways, and energy plants is developed. | |
| afcons.com | 1959 | Mumbai, India | – | – | Developer of oil & gas, underground, and urban infrastructure | |
| hercules-construction.co.uk | 2008 | Cirencester, United Kingdom | – | 275 | Infrastructure development services are provided across various sites. | |
| lbfoster.com | 1902 | Pittsburgh, United States | – | 804 | Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets | |
| gptgroup.co.in | 1980 | Kolkata, India | – | 1,807 | Infrastructure construction, healthcare, and SG cast iron products are provided. | |
| irb.co.in | 1998 | Mumbai, India | – | 400 | Provider of infrastructure development services | |
| sdiptech.se | 2015 | Stockholm, Sweden | – | – | Sustainable infrastructure development services are provided globally. | |
| dilipbuildcon.com | 1987 | Bhopal, India | $15.09M | 20,513 | EPC services are delivered for infrastructure projects in multiple sectors. | |
| knrcl.com | 1995 | Hyderabad, India | – | 641 | Real estate project development services are provided in India. | |
| legrandgroup.com | 1860 | Limoges, France | – | – | Electrical and digital solutions for building infrastructures are provided. |
Detailed competitors of Rx Propellant
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rx Propellant
The website of Rx Propellant (rxpropellant.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 43.1% vs previous month
Latest news on Rx Propellant
Complete news archive for Rx Propellant
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Rx Propellant
10 companies that operate in the same segment as Rx Propellant (Real Estate Developers & Builders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of real estate development properties | 1997 | Dubai, Dubai, United Arab Emirates | USD 98.03 M | – | – | |
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 160.33 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | – | USD 546.88 M | 6,030 | |
Real Estate Investment trust providing investment brokerage services. | 1971 | Reno, Nevada, United States | – | USD 755.16 M | 897 | |
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 | |
Real estate development services are provided in India. | 1999 | Gurugram, Haryana, India | USD 14.83 M | – | – | |
Real estate development and management services are offered by Vingroup. | 1993 | Hanoi, Vietnam | – | – | 367 | |
Electricity transmission utility projects are developed and supplied. | 2008 | Mumbai, Maharashtra, India | USD 19.85 M | USD 730.41 M | 2,300 | |
Commercial property development services are provided in India. | 1978 | Hyderabad, Telangana, India | – | USD 2.22 B | 31,410 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Rx Propellant
Rx Propellant was founded in 2020.
Rx Propellant is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Rx Propellant has 24 employees.
The primary company behind Rx Propellant, Rx Propellant Private Limited, reported revenue of ₹33.20 Cr for FY 2025, up 199% year on year.
Rx Propellant was established in 2020 and is headquartered in Hyderabad, India. Operations focus on the real estate sector, where infrastructure development services are delivered to support property projects. Expertise is applied in planning, construction, and management aspects of real estate infrastructure. The company serves clients within India, addressing needs for urban and commercial developments through structured service offerings.
Rx Propellant offers Turnkey Modular Lab Spaces, State-of-the-art Lab Spaces, High-Performance Spaces, and Large-Scale Manufacturing Spaces.
Rx Propellant has 1 investor. Key investors include Actis.
Rx Propellant is associated with 2 legal entities: Rx Propellant Private Limited, Jvrx Asset Management Private Limited.
Yes. Rx Propellant was acquired by Actis in May 2023.
The legal entities of Rx Propellant currently have 11 directors, including Vishal Goel, Jasmeet Singh Chhabra, Milind Ravi and others.