MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0007531
Propello Innovations Private Limited - consumer electronics & durables in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.58 Cr
▼ 54% YoY
Net loss · FY 2024
₹34.68 Lakh
Net margin -3.6%
EBITDA · FY 2024
₹1.37 Cr
EBITDA margin 14.3%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.19 Cr
Issued & subscribed
Open charges
₹11.1 Cr
Satisfied ₹4.6 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
84
Provident fund records
About Propello Innovations Private Limited
Data last updated:
Propello Innovations Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2009PTC137818. Its GSTIN is 19AAFCP1425Q1ZZ (West Bengal). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.19 Cr. It is led by directors including Nidhi Gupta and Uttam Kochar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 Sarat Chatterjee Road, Kolkata, West Bengal, India – 700089.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.58 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹34.68 Lakh (net margin -3.6%) and EBITDA of ₹1.37 Cr (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.1 Cr and satisfied charges of ₹4.6 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 3 cases are pending.
Propello Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0007531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website propello.in.
Company details
CIN U74900WB2009PTC137818
Registration Number 137818
Incorporation Date 17 August 2009
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0007531
Recognitions & Rankings of Propello Innovations
Contact details
Propello Innovations Private Limited's registered office is in Kolkata, West Bengal. Its website is propello.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 Sarat Chatterjee Road, Kolkata, West Bengal, India – 700089
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Propello Innovations Private Limited, buy the company report.
Comprehensive company report
Propello Innovations 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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Business activity
The main business activities of Propello Innovations are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Propello Innovations Private Limited, buy the company report.
Financials of Propello Innovations Private Limited
FY 2024 filings availablePropello Innovations Private Limited reported revenue of ₹9.58 Cr (down 54% YoY) for FY 2024.
Revenue · FY 2024
₹9.58 Cr ▼ 54%
Net loss · FY 2024
₹34.68 Lakh margin -3.6%
EBITDA · FY 2024
₹1.37 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 20%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 54% fall in the latest year. EBITDA fell 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.68 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | -3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Propello Innovations Private Limited, buy the company report.
Board of directors of Propello Innovations Private Limited
Propello Innovations has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Gupta | Director | 17 Aug 2009 | 17 Years 2 Months | Current |
| Uttam Kochar Also directs: Capival Finserv Private Limited | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Rupesh Poddar Also directs: Capival Finserv Private Limited | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Rajesh Gupta | Director | 27 Jul 2011 | 15 Years 3 Months | Current |
| Manish Gupta | Director | 17 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
Propello Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Girdhar Tractors Private Limited | ₹9.62 Cr (FY 2025) | -58.0% | Mohindergarh, Haryana, India | |||
| Sr Vision Shoppe Private Limited | ₹9.6 Cr (FY 2024) | -38.0% | Muzaffarpur, Bihar, India | |||
| Propello Innovations Private Limitedthis company | ₹9.58 Cr (FY 2024) | -₹34.68 Lakh | -3.6% | -54.0% | 84 | Kolkata, West Bengal, India |
| J.B. Digitronics Private Limited | ₹9.58 Cr (FY 2025) | 5.0% | Surat, Gujarat, India | |||
| Yogesh Switchgears and Cables Private Limited | ₹9.56 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Propello Innovations Private Limited, buy the company report.
Auditor
Propello Innovations Private Limited is audited by SHYAMSUKHA AMIT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAMSUKHA AMIT & ASSOCIATES | FY 2023 | 324516E |
Shareholding
The shareholding of Propello Innovations Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Propello Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.1 Cr
Satisfied charges
₹4.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2013 | 10465878 | The South Indian Bank Limited | ₹11.1 Cr | Open | |
| 18 Feb 2013 | 10405359 | Icici Bank Limited | ₹3.1 Cr | Satisfied | |
| 16 Nov 2011 | 10321943 | Karnataka Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Propello Innovations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Propello Innovations Private Limited has 12 court cases on record: 8 filed by Propello Innovations, 4 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
8
Filed against the company
4
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 3 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by South Indian Bank Through Its Authorized Officer Mr Shone Thattil | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by South Indian Bank | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| Calcutta High Court | Court case (MAT) | Filed against the company by South Indian Bank Limited | Disposed |
| Calcutta High Court | Court case (MAT) | Filed by the company against South Indian Bank Ltd and Anr | Disposed |
To see the full case history of Propello Innovations 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 Propello Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Propello Innovations Private Limited has a workforce of 84 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
84
Active EPFO establishments
1
Employee growth
-19.23%
GST
Propello Innovations has 9 GST registrations: 3 active and 6 cancelled or inactive.
Total GSTINs
9
Active
3
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCP1425Q1ZZ | West Bengal | Active | 01 Jul 2017 |
| 10AAFCP1425Q1ZH | Bihar | Active | 01 Jul 2017 |
| 18AAFCP1425Q1Z1 | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Propello Innovations Private Limited, buy the company report.
Recent activity
Propello Innovations Private Limited has 6 board changes on record since 2009: 5 appointments and 1 cessation. The latest: Rajesh Gupta ceased to be Additional Director on 29 Sep 2011.
AGM
Propello Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Propello Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata Ii.
Charges
A charge with The South Indian Bank Limited of Rs. 11.10 Cr registered on 11 Nov 2013 with Charge ID 10465878 was modified on 07 Mar 2020.
Charges
A charge registered on 18 Feb 2013 via Charge ID 10405359 with Icici Bank Limited was fully satisfied on 23 Dec 2013.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 11.10 Cr with Charge ID 10465878 was registered on 11 Nov 2013.
Charges
A charge registered on 16 Nov 2011 via Charge ID 10321943 with Karnataka Bank Ltd. was fully satisfied on 06 Apr 2013.
Charges
A charge with Icici Bank Limited amounted to Rs. 3.10 Cr with Charge ID 10405359 was registered on 18 Feb 2013.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.50 Cr with Charge ID 10321943 was registered on 16 Nov 2011.
Ceased
Rajesh Gupta ceased to be Additional Director.
Appointed
Rajesh Gupta was appointed as Director.
Appointed
Rupesh Poddar was appointed as Director.
Appointed
Uttam Kochar was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Propello Innovations is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 August 2009 (17+ years old) and is registered under CIN U74900WB2009PTC137818.
Propello Innovations has 5 current directors:
- Nidhi Gupta - Director
- Uttam Kochar - Director
- Rupesh Poddar - Director
- Rajesh Gupta - Director
- Manish Gupta - Director
The latest financial statements of Propello Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Propello Innovations is 19AAFCP1425Q1ZZ, registered in West Bengal. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 10AAFCP1425Q1ZH (Bihar), 18AAFCP1425Q1Z1 (Assam).
The CIN (Corporate Identification Number) of Propello Innovations is U74900WB2009PTC137818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propello Innovations has 12 court cases on record: 8 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Propello Innovations was incorporated on 17 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Propello Innovations by revenue are Girdhar Tractors Private Limited, Sr Vision Shoppe Private Limited, J.B. Digitronics Private Limited, Yogesh Switchgears and Cables Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Rajesh Gupta ceased to be Additional Director on 29 Sep 2011. Rajesh Gupta was appointed as Director on 27 Jul 2011. Rupesh Poddar was appointed as Director on 01 Apr 2010. Propello Innovations has 6 board changes on record in total.
Yes, Propello Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0007531).
Propello Innovations can be reached through the website propello.in. Its registered office is in Kolkata, West Bengal, India.
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