About Propel Power Systems Private Limited
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Propel Power Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2015PTC277070. Its GSTIN is 07AAICP0296J1Z4 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jageshwar Agnihotri and Mukesh Srivastava.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 210 Abhinash Mension 82 Joshi Road Karol Bagh, New Delhi, Delhi, India – 110005.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website propelsystech.com.
Company details
Contact details
Propel Power Systems Private Limited's registered office is in New Delhi, Delhi. Its website is propelsystech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address210 Abhinash Mension 82 Joshi Road Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Propel Power Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Propel Power Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Propel Power Systems Private Limited
FY 2025 filings availablePropel Power Systems Private Limited reported revenue of ₹2,106 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Propel Power Systems Private Limited, buy the company report.
Board of directors of Propel Power Systems Private Limited
Propel Power Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jageshwar Agnihotri Also directs: Propel Indenergy Solutions Private Limited | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Mukesh Srivastava | Director | 23 Feb 2015 | 11 Years 8 Months | Current |
| Rajesh Kumar | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Propel Power Systems Private Limited is audited by SAHIL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHIL & ASSOCIATES | FY 2019 | 025220N |
Shareholding
The shareholding of Propel Power Systems Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Propel Power Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propel Power Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Propel Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Propel Power Systems has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Propel Indenergy Solutions Private Limited | U31101MH1999PTC120761 |
To see the full group structure of Propel Power Systems Private Limited, buy the company report.
GST
Propel Power Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICP0296J1Z4 | Delhi | Active | 01 Jul 2017 |
| 09AAICP0296J1Z0 | Uttar Pradesh | Active | 23 Mar 2018 |
To see the full GST registrations and return filing status of Propel Power Systems Private Limited, buy the company report.
Recent activity
Propel Power Systems Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Rajesh Kumar ceased to be Additional Director on 30 Aug 2021.
Frequently asked questions
Propel Power Systems is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 February 2015 (11+ years old) and is registered under CIN U40300DL2015PTC277070.
Propel Power Systems has 3 current directors:
- Jageshwar Agnihotri - Director
- Mukesh Srivastava - Director
- Rajesh Kumar - Director
The latest financial statements of Propel Power Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Propel Power Systems is 07AAICP0296J1Z4, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAICP0296J1Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Propel Power Systems is U40300DL2015PTC277070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propel Power Systems was incorporated on 23 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Rajesh Kumar ceased to be Additional Director on 30 Aug 2021. Rajesh Kumar was appointed as Director on 20 Jul 2021. Anirudha Gupta ceased to be Director on 02 Apr 2018. Propel Power Systems has 8 board changes on record in total.
Propel Power Systems can be reached through the website propelsystech.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Propel Power Systems is at 210 Abhinash Mension 82 Joshi Road Karol Bagh, New Delhi, Delhi, India – 110005.
Propel Power Systems operates in the consumer electronics and durables industry, in the electronics manufacturing segment.