- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0296868

Propelis Control Systems Private Limited
About Propelis Control Systems Private Limited
Data last updated:
Propelis Control Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 20 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29220PN2014PTC152236. Its GSTIN is 27AAHCP7894B1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhishek Muglikar Avinash and Sridhar Vartak.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shivkrupa Appt Pl No 19/B S No. 120 Modern Colony Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.06 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹2.74 Lakh (net margin -30.2%) and EBITDA of -₹2.74 Lakh (EBITDA margin -30.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
Propelis Control Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0296868). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Propelis Control Systems
Contact details
Propelis Control Systems Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShivkrupa Appt Pl No 19/B S No. 120 Modern Colony Kothrud, Pune, Maharashtra, India – 411038
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Propelis Control 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 Propelis Control 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 |
To see the full business activity and turnover split of Propelis Control Systems Private Limited, buy the company report.
Financials of Propelis Control Systems Private Limited
FY 2022 filings availablePropelis Control Systems Private Limited reported revenue of ₹9.06 Lakh (down 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 40% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2.74 Lakh | |||
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| Net Profit (PAT) | -₹2.74 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -30.2% | |||
| Net Profit Margin | -30.2% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Propelis Control Systems Private Limited, buy the company report.
Board of directors of Propelis Control Systems Private Limited
Propelis Control Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Muglikar Avinash Also directs: Integra Technoworks LLP, Fluid Forge Technologies Private Limited, Voaxs Technologies Private Limited and 2 more | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
| Abdul Aziz Yakubsab Karche | Additional Director | 29 Jan 2019 | 7 Years 8 Months | Current |
| Sridhar Vartak Also directs: Propelis Technologies Private Limited | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Propelis Control Systems Private Limited is audited by SMV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMV & ASSOCIATES | FY 2017 | 131461W |
Shareholding
The shareholding of Propelis Control Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Propelis Control Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propelis Control 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 Propelis Control Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Propelis Control Systems Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Propelis Control Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP7894B1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Propelis Control Systems Private Limited, buy the company report.
Recent activity
Propelis Control Systems Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Abdul Aziz Yakubsab Karche was appointed as Additional Director on 29 Jan 2019.
Frequently asked questions
Propelis Control Systems is an active private limited company based in Pune, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 20 August 2014 (12+ years old) and is registered under CIN U29220PN2014PTC152236.
Propelis Control Systems has 3 current directors:
- Abhishek Muglikar Avinash - Director
- Abdul Aziz Yakubsab Karche - Additional Director
- Sridhar Vartak - Director
The latest financial statements of Propelis Control Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Propelis Control Systems is 27AAHCP7894B1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Propelis Control Systems is U29220PN2014PTC152236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propelis Control Systems was incorporated on 20 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Abdul Aziz Yakubsab Karche was appointed as Additional Director on 29 Jan 2019. Abhishek Muglikar Avinash was appointed as Director on 20 Aug 2014. Sridhar Vartak was appointed as Director on 20 Aug 2014.
Yes, Propelis Control Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0296868).
The registered office of Propelis Control Systems is at Shivkrupa Appt Pl No 19B S No. 120 Modern Colony Kothrud, Pune, Maharashtra, India – 411038.
Propelis Control Systems operates in the trading industry, in the wholesale segment.