Propart Solutions India Private Limited

Propart Solutions India Private Limited - financial services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72300TN2003PTC051618 Incorporated 18 September 2003 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2016
₹23.3 Lakh
▲ 8% YoY
Net profit · FY 2016
₹1.84 Lakh
Net margin 7.9%
EBITDA · FY 2016
₹2.86 Lakh
EBITDA margin 12.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
GST registrations
2
None active

About Propart Solutions India Private Limited

Data last updated:

Propart Solutions India Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 18 September 2003.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2003PTC051618. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Natarajan Ganesh and Narayanan Srinivasan.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Gr Complex Annex 3rd Floor No.810 Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035.

As per the financials filed for FY 2016, the company reported a revenue of ₹23.3 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Lakh (net margin 7.9%) and EBITDA of ₹2.86 Lakh (EBITDA margin 12.3%).

Company Details of Propart Solutions India Private Limited
CIN U72300TN2003PTC051618
Registration Number 051618
Incorporation Date 18 September 2003
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Gr Complex Annex 3rd Floor No.810 Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035
  • Industry
    Financial Services, Financial Activities
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Financials, compliance, directors, charges, ownership and filings for Propart Solutions India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Propart Solutions India Private Limited

The main business activity of Propart Solutions India is financial and insurance service. In detail, this covers other financial activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance ServiceK8Other financial activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Propart Solutions India Private Limited FY 2016 filings available

Propart Solutions India Private Limited reported revenue of ₹23.3 Lakh (up 8% YoY) for FY 2016.

Revenue · FY 2016
₹23.3 Lakh ▲ 8%
Net profit · FY 2016
₹1.84 Lakh margin 7.9%
EBITDA · FY 2016
₹2.86 Lakh margin 12.3%

Compounded Annual Growth Rate (CAGR) of Propart Solutions India Private Limited

Revenue CAGR growth
1 year
▲ 8%
EBITDA CAGR growth
1 year
▲ 19%

Revenue rose 8% in the latest year. EBITDA rose 19% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Propart Solutions India Private Limited

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA₹2.86 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹1.84 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 Propart Solutions India Private Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin12.3%••••
Net Profit Margin7.9%••••
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 Propart Solutions India are in the company report.

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Financial statements from 2015

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Board of Directors of Propart Solutions India Private Limited

Propart Solutions India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Natarajan GaneshDirector20 Oct 200323 Years 0 MonthsAs last reported
Narayanan SrinivasanDirector20 Oct 200323 Years 0 MonthsAs last reported

Peer Comparison of Propart Solutions India Private Limited

Propart Solutions India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Swautthan Nidhi Limited₹23.32 Lakh (FY 2022)••••••••44.0%••••Shaktifarm, Uttarakhand, India
Pradhanyam Kuries Private Limited₹23.32 Lakh (FY 2025)••••••••42.0%••••Chalakudy, Kerala, India
Srivaru Securities Private Limited₹23.32 Lakh (FY 2025)••••••••4.0%••••Madras 1, Tamil Nadu, India
Divine Suppliers Private Limited₹23.31 Lakh (FY 2023)••••••••146.0%••••Kolkata, West Bengal, India
Morgan Ventures Limited Listed₹23.3 Lakh (FY 2019)••••••••-28.0%••••New Delhi, Delhi, India
Propart Solutions India Private Limited this company₹23.3 Lakh (FY 2016)••••••••8.0%••••Chennai, Tamil Nadu, India
Salvage Auction Private Limited₹23.29 Lakh (FY 2025)••••••••33.0%••••Ghaziabad, Uttar Pradesh, India
Ankush Credit India Limited₹23.29 Lakh (FY 2017)••••••••0.0%••••Delhi, India
Bharosa MCS Foundation₹23.28 Lakh (FY 2025)••••••••206.0%••••Agartala, Tripura, India
Kathleen Enterprises India Pvtltd₹23.28 Lakh (FY 2018)••••••••-37.0%••••Mumbai, Maharashtra, India
Sevena Chitties Private Limited₹23.28 Lakh (FY 2025)••••••••36.0%••••Thrissur, Kerala, India

Peers are the five companies nearest above and the five nearest below Propart Solutions India by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Propart Solutions India Private Limited

Propart Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Propart Solutions India Private Limited

Employment history and EPFO contributions of people linked to Propart Solutions India.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Propart Solutions India Private Limited

Propart Solutions India Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Durga Prasad Subramanyam Anapindi ceased to be Director on 15 Jan 2019.

Ceased
Durga Prasad Subramanyam Anapindi ceased to be Director.
AGM
Propart Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Propart Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai.
Ceased
Narayanan Sriprakash ceased to be Director.
Ceased
Pidaparthy Narasimhamurty ceased to be Director.
Ceased
Venkata Subba Reddy Vempalle ceased to be Director.
Appointed
Narayanan Srinivasan was appointed as Director.
Appointed
Natarajan Ganesh was appointed as Director.
Incorporation
18 Sep 2003
Propart Solutions India Private Limited was registered on 18 Sep 2003 with Roc Chennai & aged 23 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Propart Solutions India Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Propart Solutions India Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Propart Solutions India Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Propart Solutions India Private Limited

Propart Solutions India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Propart Solutions India Private Limited

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MCA filings and documents

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Frequently Asked Questions about Propart Solutions India Private Limited

Propart Solutions India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Propart Solutions India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 18 September 2003 and is registered under CIN U72300TN2003PTC051618. The company has been struck off by the Registrar of Companies and is no longer operational.

Propart Solutions India had 2 directors:

The CIN (Corporate Identification Number) of Propart Solutions India is U72300TN2003PTC051618. 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 Propart Solutions India is at Gr Complex Annex 3rd Floor No.810 Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035.

Propart Solutions India was incorporated on 18 September 2003. It is registered with the Registrar of Companies, Chennai.

Propart Solutions India reported revenue of ₹23.3 Lakh for FY 2016 (up 8% YoY).

Propart Solutions India has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.

Propart Solutions India reported a net profit of ₹1.84 Lakh (net margin 7.9%) and EBITDA of ₹2.86 Lakh (EBITDA margin 12.3%) for FY 2016, as per its filed financial statements.

No. Propart Solutions India has 2 GST registrations on record and all of them are cancelled or inactive.

Propart Solutions India operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.

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