Propanel Private Limited
About Propanel Private Limited
Data last updated: 21 February 2026
Propanel Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It specialises in furniture manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 24 November 2021, the company has been in operation for over 5 years.
Registered with ROC Bangalore under CIN U36109KA2021PTC154798.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Sandeep Kumar Jagannath Narve and Rajesh Shinde.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: No. 25/2 South End Road Sheshadripuram Near Mantri Mall, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.22 Lakh, reflecting significant growth compared to the previous year.
As per MCA filings, the company has open charges of ₹2.5 Cr on record.
-
EmailLocked
-
TelephoneLocked
-
WebsiteLocked
-
Social MediaLocked
-
Registered AddressNo. 25/2 South End Road Sheshadripuram Near Mantri Mall, Bangalore, Karnataka, India – 560020
-
IndustryConsumer Electronics & Durables, Furniture Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Propanel Private Limited
Propanel Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details for Propanel Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Propanel Private Limited
Propanel Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sandeep Kumar Jagannath Narve
Also directs:
Shinde Holdings Private Limited
|
Director | 24 Nov 2021 | 4 Years 8 Months | Current |
|
Rajesh Shinde
Also directs:
Shinde Holdings Private Limited
|
Director | 24 Nov 2021 | 4 Years 8 Months | Current |
|
Vijayadev Ravi
Also directs:
Baumhaus Creations Private Limited
|
Director | 24 Nov 2021 | 4 Years 8 Months | Current |
Financials of Propanel Private Limited FY 2024 filings available
Propanel Private Limited reported revenue of ₹16.22 Lakh (up 5397.00% YoY) for FY 2024.
Ten-year financial statements for Propanel Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Propanel Private Limited
Shareholding and ownership data for Propanel Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Propanel Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2022 | Canara Bank | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Propanel Private Limited
Propanel Private Limited has a workforce of 0 employees as of Mar 31, 2024.
Employee and EPFO history for Propanel Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Propanel Private Limited
GST registrations and filing compliance for Propanel Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Propanel Private Limited
Credit ratings, litigation, and regulatory alerts for Propanel Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Propanel Private Limited
MSME payment history for Propanel Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Propanel Private Limited
Corporate group structure for Propanel Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Propanel Private Limited
MCA filings and documents for Propanel Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Propanel Private Limited
Frequently Asked Questions about Propanel Private Limited
Propanel Private Limited is an active private limited company in the consumer electronics and durables sector based in Bangalore, Karnataka, India. It was incorporated on 24 November 2021 (5+ years old) and is registered under CIN U36109KA2021PTC154798.
Propanel Private Limited reported revenue of ₹16.22 Lakh for FY 2024 (up 5397.00% YoY).
The current directors of Propanel Private Limited are:
- Sandeep Kumar Jagannath Narve - Director
- Rajesh Shinde - Director
- Vijayadev Ravi - Director
The primary industry of Propanel Private Limited is consumer electronics and durables. The company specifically operates in furniture manufacturing. The company is currently active in this sector.
Yes, Propanel Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Propanel Private Limited can be reached at the registered office: No. 252 South End Road Sheshadripuram Near Mantri Mall, Bangalore, Karnataka, India – 560020.