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:
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Obligation of Contribution ₹ 1.00 Cr
  • Company Age 6 Year, 4 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

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Who are the key members and board of directors at Propel Drive Systems Llp?
Current Designated Partners
Name Designation Appointment Date Status
Senthilkumar Vidhya Designated Partner 25 Oct 2019 Current
Varadharajan Senthilkumar Designated Partner 25 Oct 2019 Current
Subramani Velumani Designated Partner 25 Oct 2019 Current

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 127.97%
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Revenue from Operations
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 127.97%
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Total Assets
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 162.66%
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*******
Profit or Loss
*******
 631.69%
*******
*******
*******
*******
Net Worth
*******
*******
*******
*******
*******
*******
EBITDA
*******
 362.67%
*******
*******
*******
*******

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

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
04 Apr 2025 Hdfc Bank Limited ₹3.00 Cr Open
19 Jul 2023 State Bank Of India ₹2.00 Cr Open
06 Sep 2022 Hdfc Bank Limited ₹1.00 Cr Satisfied

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How Many Employees Work at Propel Drive Systems Llp?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 101080313 was registered on 04 Apr 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Propel Drive Systems Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was completed.

  • 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

    The activity 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 completed.

  • Charges

    A charge registered on 06 Sep 2022 via Charge ID 100651507 with Hdfc Bank Limited was fully satisfied on 22 Aug 2023. was recorded as a recent event.

  • 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.

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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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