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.
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Registered AddressC/O We Work No 36 Prestige Central, Infantry Road, Bangalore North, Karnataka, India – 560001
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IndustryMedia and Publishing, Advertising Agencies & Media Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
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Ad network platform is utilized for content recommendations and monetization. | New York, United States, United States | 2007 |
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Game publishing solutions are provided by Supersonic for developers. | Tel Aviv, Israel, Israel | 2009 |
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Content management platform | New York, United States, United States | 2012 |
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Privacy-first omni-channel advertising platform is provided for customer targeting. | New York, United States, United States | 2005 |
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Cross-device ad network is provided for conversation-based advertising. | New York, United States, United States | 2012 |
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Ad network software platform connects advertisers with publishers. | New York, United States, United States | 2011 |
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Adnetwork and performance marketing platform | New York, United States, United States | 2010 |
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AI-powered commerce media solutions are provided by Fluent for growth. | New York, United States, United States | 2010 |
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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 |
Business activity turnover details for Propeller Ads Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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 |
Complete auditor history for Propeller Ads Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
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Jagadish Harikrishna Shukla
Also directs:
Eka Lav Consulting Private Limited
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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.
Ten-year financial statements for Propeller Ads Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Propeller Ads Private Limited
Shareholding and ownership data for Propeller Ads Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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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.
Employee and EPFO history for Propeller Ads Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Propeller Ads Private Limited
GST registrations and filing compliance for Propeller Ads Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Propeller Ads Private Limited
Credit ratings, litigation, and regulatory alerts for Propeller Ads Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Propeller Ads Private Limited
MSME payment history for Propeller Ads Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Propeller Ads Private Limited
Corporate group structure for Propeller Ads Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Propeller Ads Private Limited
MCA filings and documents for Propeller Ads Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Propeller Ads Private Limited
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:
- Jagadish Harikrishna Shukla - Director
- Aleksandr Bykov - Nominee Director
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.