Propel Drive Systems Llp Company Logo

Propel Drive Systems Llp - Company Profile

It is a machinery and equipment limited liability partnership based in Coimbatore, Tamil Nadu, India, established in 2019.

2019 | Coimbatore, Tamil Nadu, India | Active
Last Updated:

About Propel Drive Systems Llp

Propel Drive Systems Llp, a active limited liability partnership, was established on 25 October 2019 in Coimbatore, Tamil Nadu, India. Engaging in construction machinery & equipment within the machinery and equipment sector, it holds LLPIN: AAQ-8999. Registered under ROC Roc Coimbatore. It has total obligation of contribution of ₹1.00 Cr.

Its leadership includes Senthilkumar Vidhya (Designated Partner), Varadharajan Senthilkumar (Designated Partner), Subramani Velumani (Designated Partner). It holds ₹5.00 Cr open charges and ₹1.00 Cr settled loans. Its latest date of accounts and solvency statement 31 March 2025. It is based at Sf No:663, Ravathur Main Road, Ravathur Post, Coimbatore, Tamil Nadu, 641103.

Company Details

  • CIN/LLPIN

    AAQ-8999

  • Incorporation Date

    25 October 2019

  • Total Obligation of Contribution

    ₹1.00 Cr

  • ROC Code

    Roc Coimbatore

  • Company Status

    Active

Key Indicators

  • Obligation of Contribution ₹ 1.00 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 127.97%
  • Profit Growth 631.69%
  • Ebitda 362.67%
  • Total Assets 162.66%
Company report

Propel Drive Systems Llp

Company Report FY 2025-2026

Explore comprehensive insights into Propel Drive Systems Llp — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Propel Drive Systems Llp?

Current Designated Partners

NameDesignationAppointment DateStatus
Senthilkumar VidhyaDesignated Partner25 Oct 2019Current
Varadharajan SenthilkumarDesignated Partner25 Oct 2019Current
Subramani VelumaniDesignated Partner25 Oct 2019Current

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Financial Performance of Propel Drive Systems Llp.

Propel Drive Systems Llp, for the financial year ended 2023, experienced significant growth in revenue, with a 127.97% increase. The company also saw a substantial improvement in profitability, with a 631.69% increase in profit. The company's net worth witnessed no change by increase of 0%.

Propel Drive Systems Llp revenue growth over time
Propel Drive Systems Llp profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
127.97%
Revenue from Operations
127.97%
Total Assets
162.66%
Profit or Loss
631.69%
Net Worth
EBITDA
362.67%

What is the Ownership and Shareholding Structure of Propel Drive Systems Llp?

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Charges (Loans)

Open Charges

₹50,000,000.00

Satisfied Charges

₹10,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr
  • State Bank Of India : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Apr 2025Hdfc Bank Limited₹3.00 CrOpen
19 Jul 2023State Bank Of India₹2.00 CrOpen
06 Sep 2022Hdfc Bank Limited₹1.00 CrSatisfied

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How Many Employees Work at Propel Drive Systems Llp?

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Employee growth trends for Propel Drive Systems Llp

Deals i

Graph showing company valuation over time

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Rating

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Alerts

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Latest Updates, News, and FAQs on Propel Drive Systems Llp

Recent Activity within the Organization

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 101080313 was registered on 04 Apr 2025. was completed.

  • Annual General Meeting

    Propel Drive Systems Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was recorded as a recent event.

  • Statement of Assets & Liabilities

    The activity Propel Drive Systems Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was completed.

  • Charges

    Progress on 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. was documented.

  • Charges

    The activity A charge registered on 06 Sep 2022 via Charge ID 100651507 with Hdfc Bank Limited was fully satisfied on 22 Aug 2023. was completed.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100818425 was registered on 19 Jul 2023. was completed.

Frequently Asked Questions

  • What is the LLPIN of Propel Drive Systems Llp?

    The LLPIN of Propel Drive Systems Llp is AAQ-8999.

  • Where is Propel Drive Systems Llp headquartered?

    Propel Drive Systems Llp is headquartered at Sf No:663, Ravathur Main Road, Ravathur Post, Coimbatore, Tamil Nadu, 641103.

  • When was Propel Drive Systems Llp incorporated?

    Propel Drive Systems Llp was incorporated on 25 October 2019.

  • Who are the current directors of Propel Drive Systems Llp?

    The current directors of Propel Drive Systems Llp are

  • What is the primary industry of Propel Drive Systems Llp?

    The primary industry of Propel Drive Systems Llp is Machinery And Equipment.

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