Propeller Ads Private Limited

Propeller Ads Private Limited - media and publishing in Bangalore North, Karnataka, India. FY 2026 financials and compliance.
CIN U72900KA2022FTC163782 Incorporated 14 July 2022 ROC Bangalore HQ Bangalore North, Karnataka, India
Dissolved Under Section 59(8) Foreign Private Limited Company media and publishing
Data last updated
Revenue · FY 2023
₹2.21 Cr
Latest filing
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
4 yrs
Est. 2022
Last financials
Mar 2023
Balance sheet date

About Propeller Ads Private Limited

Data last updated: 22 September 2025

Propeller Ads Private Limited was a foreign private limited company based in Bangalore North, Karnataka, India, operated as a subsidiary of Adtech Holding Limited, Cyprus. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It specialised in advertising and media services, a part of the broader media and publishing sector. Incorporated on 14 July 2022.

Registered with ROC Bangalore under CIN U72900KA2022FTC163782.

Capital: an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors Jagadish Harikrishna Shukla and Aleksandr Bykov.

Last AGM: 20 October 2023. Financial statements filed for year ended 31 March 2023. Office: Bangalore North, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.21 Cr.

It operated as a subsidiary of Adtech Holding Limited, Cyprus.

The company was associated with 1 brand - Propeller Ads.

The company has been dissolved and no longer exists as a legal entity under the Companies Act. Any contracts or dealings with a dissolved entity may be legally unenforceable. The last known website on record is propellerads.com.

Company Details of Propeller Ads Private Limited
CIN U72900KA2022FTC163782
Registration Number 163782
Incorporation Date 14 July 2022
ROC Bangalore
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 20 October 2023
Date of Balance Sheet 31 March 2023
Parent Company Adtech Holding Limited, Cyprus
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    C/O We Work No 36 Prestige Central, Infantry Road, Bangalore North, Karnataka, India – 560001
  • Industry
    Media and Publishing, Advertising Agencies & Media Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Propeller Ads Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Propeller Ads Private Limited

Propeller Ads Private Limited operates one associated brand: Propeller Ads. These brands represent Propeller Ads Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides a cross-device online advertising network. propellerads.com

Competitors & Alternatives of Propeller Ads Private Limited

Brands and companies operating in the same space as Propeller Ads Private Limited include Taboola, Supersonic, EX.CO and 6 more.

Competitor Description Location Founded
Taboola Taboola Ad network platform is utilized for content recommendations and monetization. New York, United States, United States 2007
Supersonic Supersonic Game publishing solutions are provided by Supersonic for developers. Tel Aviv, Israel, Israel 2009
EX.CO EX.CO Content management platform New York, United States, United States 2012
Verve Verve Privacy-first omni-channel advertising platform is provided for customer targeting. New York, United States, United States 2005
OpenWeb OpenWeb Cross-device ad network is provided for conversation-based advertising. New York, United States, United States 2012
The Arena Group The Arena Group Ad network software platform connects advertisers with publishers. New York, United States, United States 2011
Wunderkind Wunderkind Adnetwork and performance marketing platform New York, United States, United States 2010
Fluent Fluent AI-powered commerce media solutions are provided by Fluent for growth. New York, United States, United States 2010
Inform Inform Personalized content delivery and ad impressions are automated. Atlanta, United States, United States 2002

Business Activity of Propeller Ads Private Limited

Propeller Ads Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J8 Other information & communication service activities Locked
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Auditor Details of Propeller Ads Private Limited

Propeller Ads Private Limited is audited by MALLYA & MALLYA for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
MALLYA & MALLYA Locked Locked Locked
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Board of Directors of Propeller Ads Private Limited

Propeller Ads Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Jagadish Harikrishna Shukla Director 14 Jul 2022 4 Years 1 Months As last reported
Aleksandr Bykov Nominee Director 24 Mar 2023 3 Years 4 Months As last reported

Financials of Propeller Ads Private Limited FY 2023 filings available

Propeller Ads Private Limited reported revenue of ₹2.21 Cr for FY 2023.

Revenue · FY 2023
₹2.21 Cr
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Ten-year financial statements for Propeller Ads Private Limited

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Ownership and Shareholding of Propeller Ads Private Limited

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Shareholding and ownership data for Propeller Ads Private Limited

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Charges & Borrowings Propeller Ads Private Limited

Propeller Ads Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Propeller Ads Private Limited

Propeller Ads Private Limited has a workforce of 0 employees as of Mar 28, 2024.

Active EPFO establishments
1
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Employee and EPFO history for Propeller Ads Private Limited

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GST Compliance of Propeller Ads Private Limited

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GST registrations and filing compliance for Propeller Ads Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Propeller Ads Private Limited

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Credit ratings, litigation, and regulatory alerts for Propeller Ads Private Limited

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MSME Payment Delays by Propeller Ads Private Limited

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MSME payment history for Propeller Ads Private Limited

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Subsidiaries & Group Companies of Propeller Ads Private Limited

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Corporate group structure for Propeller Ads Private Limited

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MCA Filings & Documents of Propeller Ads Private Limited

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MCA filings and documents for Propeller Ads Private Limited

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Recent Activity on Propeller Ads Private Limited

Activity
20 Oct 2023
Propeller Ads Private Limited last Annual general meeting of members was held on 20 Oct 2023 as per latest MCA records.
Activity
31 Mar 2023
Propeller Ads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Directors
24 Mar 2023
Aleksandr Bykov was appointed as a Nominee Director on 24 Mar 2023 & has been associated with this company since 3 years 5 months.
Directors
14 Jul 2022
Jagadish Harikrishna Shukla was appointed as a Director on 14 Jul 2022 & has been associated with this company since 4 years 1 month.
Activity
14 Jul 2022
Propeller Ads Private Limited was registered on 14 Jul 2022 with Roc Bangalore & aged 4 years 1 month as per MCA records.

Frequently Asked Questions about Propeller Ads Private Limited

Propeller Ads Private Limited has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Propeller Ads Private Limited is a dissolved under section 59(8) foreign private limited company in the media and publishing sector based in Bangalore North, Karnataka, India. It was incorporated on 14 July 2022 and is registered under CIN U72900KA2022FTC163782. The company was dissolved under section 59(8) as per MCA records and no longer exists as a legal entity.

Propeller Ads Private Limited was incorporated on 14 July 2022. Registered with ROC Bangalore.

The current directors of Propeller Ads Private Limited are:

The CIN (Corporate Identification Number) of Propeller Ads Private Limited is U72900KA2022FTC163782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Propeller Ads Private Limited is media and publishing. The company specifically operates in advertising agencies and media services.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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