MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0456215
Propel Logistics Private Limited
Propel Logistics Private Limited - transport and logistics in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.13 Cr
▲ 46% YoY
Net profit · FY 2025
₹16.16 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹26.13 Lakh
EBITDA margin 2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.85 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
About Propel Logistics Private Limited
Data last updated:
Propel Logistics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U52601PN2019PTC185842. Its GSTIN is 27AAKCP6995N1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Subramani Doraj Pillai and Minnal Radhakrishna Adisheshu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.13 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹16.16 Lakh (net margin 1.5%) and EBITDA of ₹26.13 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 118% over three years.
As per MCA filings, the company has open charges of ₹1.85 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Propel Logistics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0456215).
Company details
CIN U52601PN2019PTC185842
Registration Number 185842
Incorporation Date 02 August 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0456215
Key People
Subramani Doraj Pillai Director Minnal Radhakrishna Adisheshu Director Gnaneswari Minnal Director Recognitions & Rankings of Propel Logistics
Contact details
Propel Logistics Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 515 Fifth Floor C Wing, K P T C Commercial Complex Fatima Nagar Wanawadi, Pune, Maharashtra, India – 411040
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Propel Logistics Private Limited, buy the company report.
Comprehensive company report
Propel Logistics Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of Propel Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Propel Logistics Private Limited, buy the company report.
Financials of Propel Logistics Private Limited
FY 2025 filings availablePropel Logistics Private Limited reported revenue of ₹11.13 Cr (up 46% YoY) for FY 2025.
Revenue · FY 2025
₹11.13 Cr ▲ 46%
Net profit · FY 2025
₹16.16 Lakh margin 1.5%
EBITDA · FY 2025
₹26.13 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 118%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 77%
Revenue has grown at a compounded annual rate (CAGR) of 118% over three years, including 46% growth in the latest year. EBITDA fell 36% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹26.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.16 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Propel Logistics Private Limited, buy the company report.
Board of directors of Propel Logistics Private Limited
Propel Logistics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramani Doraj Pillai | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Minnal Radhakrishna Adisheshu | Director | 15 Aug 2023 | 3 Years 2 Months | Current |
| Gnaneswari Minnal | Director | 16 Mar 2024 | 2 Years 7 Months | Current |
| Myron Adiseshu Minnal Also directs: Velante Exports Private Limited | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Propel Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nicon Marine Logistics Private Limited | ₹11.18 Cr (FY 2024) | 14.0% | Chennai, Tamil Nadu, India | |||
| Shreesidhuji Logistics Private Limited | ₹11.13 Cr (FY 2024) | 327.0% | Nagpur, Maharashtra, India | |||
| Propel Logistics Private Limitedthis company | ₹11.13 Cr (FY 2025) | ₹16.16 Lakh | 1.5% | 46.0% | Pune, Maharashtra, India | |
| Shubh Laabh Logistics Private Limited | ₹11.12 Cr (FY 2025) | 51.0% | Delhi, India |
To see the full peer comparison of Propel Logistics Private Limited, buy the company report.
Auditor
Propel Logistics Private Limited is audited by YOGESH PANDURANG BHAGAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH PANDURANG BHAGAT | FY 2023 | 132280 |
Shareholding
The shareholding of Propel Logistics Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Propel Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101144964 | Others | ₹35 Lakh | Open | |
| 18 Jan 2025 | 101044905 | Others | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Propel Logistics Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Ms Comitted Cargo Care Limited | Pending |
To see the full case history of Propel Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Propel Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Propel Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP6995N1ZA | Maharashtra | Active | 18 Mar 2020 |
To see the full GST registrations and return filing status of Propel Logistics Private Limited, buy the company report.
Recent activity
Propel Logistics Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Myron Adiseshu Minnal ceased to be Additional Director on 29 Sep 2024.
AGM
Propel Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 101144964 was registered on 01 Aug 2025.
Filing
Propel Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101044905 was registered on 18 Jan 2025.
Ceased
Myron Adiseshu Minnal ceased to be Additional Director.
Appointed
Gnaneswari Minnal was appointed as Director.
Appointed
Minnal Radhakrishna Adisheshu was appointed as Director.
Ceased
Minnal Radhakrishna Adisheshu ceased to be Director.
Appointed
Myron Adiseshu Minnal was appointed as Director.
Appointed
Subramani Doraj Pillai was appointed as Director.
Incorporation
02 Aug 2019
Propel Logistics Private Limited was registered on 02 Aug 2019 with Roc Pune & aged 7 years 2 months as per MCA records.
Frequently asked questions
Propel Logistics is an active private limited company based in Pune, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 August 2019 (7+ years old) and is registered under CIN U52601PN2019PTC185842.
Propel Logistics has 4 current directors:
- Subramani Doraj Pillai - Director
- Minnal Radhakrishna Adisheshu - Director
- Gnaneswari Minnal - Director
- Myron Adiseshu Minnal - Director
The latest financial statements of Propel Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Propel Logistics is 27AAKCP6995N1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Propel Logistics is U52601PN2019PTC185842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propel Logistics has 1 court case on record: 1 filed against it. 1 is pending.
Propel Logistics was incorporated on 02 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Propel Logistics by revenue are Nicon Marine Logistics Private Limited, Shreesidhuji Logistics Private Limited, Shubh Laabh Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Myron Adiseshu Minnal ceased to be Additional Director on 29 Sep 2024. Gnaneswari Minnal was appointed as Director on 16 Mar 2024. Minnal Radhakrishna Adisheshu was appointed as Director on 15 Aug 2023. Propel Logistics has 6 board changes on record in total.
Yes, Propel Logistics is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0456215).
The registered office of Propel Logistics is at Office No. 515 Fifth Floor C Wing, K P T C Commercial Complex Fatima Nagar Wanawadi, Pune, Maharashtra, India – 411040.