Propel Drive Systems Llp - machinery and equipment in Coimbatore, Tamil Nadu, India. FY 2026 financials and compliance.
LLPIN AAQ-8999 Incorporated 25 October 2019 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Limited Liability Partnership machinery and equipment
Data last updated
Revenue · FY 2023
₹18.79 Cr
▲ 127.97% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Contribution obligation
₹1 Cr
As per LLP agreement
Paid-up contribution
-
Contribution received
Open charges
₹5 Cr
Satisfied ₹1 Cr
Company age
7 yrs
Est. 2019
Last financials
Mar 2025
Balance sheet date

About Propel Drive Systems Llp

Data last updated: 30 December 2025

Propel Drive Systems Llp is a limited liability partnership company based in Coimbatore, Tamil Nadu, India. It specialises in construction machinery and equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 25 October 2019, the LLP has been in operation for over 7 years.

Registered with ROC Coimbatore under LLPIN AAQ-8999.

Capital: a total obligation of contribution of ₹1 Cr. It is led by designated partners including Senthilkumar Vidhya and Varadharajan Senthilkumar.

Accounts filed on 31 March 2025. Office: Sf No:663 Ravathur Main Road Ravathur Post, Coimbatore, Tamil Nadu, India – 641103.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹18.79 Cr, a growth of 127.97% compared to the previous year.

As per MCA filings, the LLP has open charges of ₹5 Cr and satisfied charges of ₹1 Cr on record.

Company Details of Propel Drive Systems Llp
LLPIN AAQ-8999
Incorporation Date 25 October 2019
Total Obligation of Contribution ₹1 Cr
ROC Coimbatore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
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  • Telephone
    Locked
  • Website
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  • Social Media
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  • Registered Address
    Sf No:663 Ravathur Main Road Ravathur Post, Coimbatore, Tamil Nadu, India – 641103
  • Industry
    Machinery and Equipment, Construction Machinery & Equipment
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Financials, compliance, directors, charges, ownership and filings for Propel Drive Systems Llp in one report.

10-year financials Directors & ownership Charges & compliance

Designated Partners of Propel Drive Systems Llp

Propel Drive Systems Llp is governed by 3 designated partners who oversee the company's operations and strategic decisions.

Current Designated Partners
Name Designation Appointment Date Tenure Status
Senthilkumar Vidhya Designated Partner 25 Oct 2019 6 Years 9 Months Current
Varadharajan Senthilkumar Designated Partner 25 Oct 2019 6 Years 9 Months Current
Subramani Velumani Designated Partner 25 Oct 2019 6 Years 9 Months Current

Financials of Propel Drive Systems Llp FY 2025 filings available

Propel Drive Systems Llp reported revenue of ₹18.79 Cr (up 127.97% YoY) for FY 2023.

Revenue · FY 2023
₹18.79 Cr ▲ 127.97%
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Ten-year financial statements for Propel Drive Systems Llp

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Ownership and Shareholding of Propel Drive Systems Llp

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Charges & Borrowings of Propel Drive Systems Llp

Open charges
₹5 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.00 Cr
State Bank of India₹2.00 Cr
Latest charge details
DateLenderAmountStatus
04 Apr 2025 Hdfc Bank Limited ₹3 Cr Open
19 Jul 2023 State Bank of India ₹2 Cr Open
06 Sep 2022 Hdfc Bank Limited ₹1 Cr Satisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Propel Drive Systems Llp

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Employee and EPFO history for Propel Drive Systems Llp

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GST Compliance of Propel Drive Systems Llp

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Credit Ratings, Litigation & Regulatory Alerts for Propel Drive Systems Llp

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MSME Payment Delays by Propel Drive Systems Llp

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MSME payment history for Propel Drive Systems Llp

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Subsidiaries & Group Companies of Propel Drive Systems Llp

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Corporate group structure for Propel Drive Systems Llp

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MCA Filings & Documents of Propel Drive Systems Llp

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MCA filings and documents for Propel Drive Systems Llp

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Recent Activity on Propel Drive Systems Llp

Charges
04 Apr 2025
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 101080313 was registered on 04 Apr 2025.
Activity
31 Mar 2025
Propel Drive Systems Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Activity
31 Mar 2025
Propel Drive Systems Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
07 Nov 2023
A charge with State Bank Of India of Rs. 2.00 Cr registered on 19 Jul 2023 with Charge ID 100818425 was modified on 07 Nov 2023.
Charges
22 Aug 2023
A charge registered on 06 Sep 2022 via Charge ID 100651507 with Hdfc Bank Limited was fully satisfied on 22 Aug 2023.
Charges
19 Jul 2023
A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100818425 was registered on 19 Jul 2023.

Frequently Asked Questions about Propel Drive Systems Llp

Propel Drive Systems Llp is an active limited liability partnership in the machinery and equipment sector based in Coimbatore, Tamil Nadu, India. It was incorporated on 25 October 2019 (7+ years old) and is registered under LLPIN AAQ-8999.

Propel Drive Systems Llp reported revenue of ₹18.79 Cr for FY 2023 (up 127.97% YoY).

The current designated partners of Propel Drive Systems Llp are:

The primary industry of Propel Drive Systems Llp is machinery and equipment. The LLP specifically operates in construction machinery and equipment. The LLP is currently active in this sector.

Propel Drive Systems Llp can be reached at the registered office: Sf No:663 Ravathur Main Road Ravathur Post, Coimbatore, Tamil Nadu, India – 641103.

The total obligation of contribution is ₹1 Cr.

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