Propel Drive Systems LLP
About Propel Drive Systems LLP
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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.
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- Registered AddressSf No:663 Ravathur Main Road Ravathur Post, Coimbatore, Tamil Nadu, India – 641103
- IndustryMachinery and Equipment, Construction Machinery & Equipment
- 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
Designated Partners of Propel Drive Systems LLP
Propel Drive Systems has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Senthilkumar Vidhya Also directs: Abhi Spins India Private Limited, Propel E-Mobility Private Limited, Propel Industries Private Limited and 3 more | Designated Partner | 25 Oct 2019 | 6 Years 11 Months | Current |
| Varadharajan Senthilkumar Also directs: Abhi Spins India Private Limited, Propel E-Mobility Private Limited, Opel Rock Breakers Private Limited and 3 more | Designated Partner | 25 Oct 2019 | 6 Years 11 Months | Current |
| Subramani Velumani Also directs: De Be Real Resource LLP | Designated Partner | 25 Oct 2019 | 6 Years 11 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.
Ten-year financial statements for Propel Drive Systems LLP
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.
Ownership and Shareholding of Propel Drive Systems
Shareholding and ownership data for Propel Drive Systems LLP
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 Propel Drive Systems
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Employment history and EPFO contributions of people linked to Propel Drive Systems.
Employee and EPFO history for Propel Drive Systems LLP
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.
GST Compliance of Propel Drive Systems
GST registrations and filing compliance for Propel Drive Systems LLP
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.
Credit Ratings, Litigation & Regulatory Alerts for Propel Drive Systems
Credit ratings, litigation, and regulatory alerts for Propel Drive Systems LLP
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 Propel Drive Systems
MSME payment history for Propel Drive Systems LLP
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 Propel Drive Systems
Corporate group structure for Propel Drive Systems LLP
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.
MCA Filings & Documents of Propel Drive Systems
MCA filings and documents for Propel Drive Systems LLP
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.
Recent Activity on Propel Drive Systems
Frequently Asked Questions about Propel Drive Systems LLP
Propel Drive Systems 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 reported revenue of ₹18.79 Cr for FY 2023 (up 127.97% YoY).
The current designated partners of Propel Drive Systems are:
- Senthilkumar Vidhya - Designated Partner
- Varadharajan Senthilkumar - Designated Partner
- Subramani Velumani - Designated Partner
The primary industry of Propel Drive Systems is machinery and equipment. The LLP specifically operates in construction machinery and equipment. The LLP is currently active in this sector.
Propel Drive Systems 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.