About Propellum Infotech Private Limited
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Propellum Infotech Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Iora Enterprises Llp. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 30 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009PTC193675. Its GSTIN is 27AAACZ3799A1Z5 (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.45 Lakh. It was formerly known as Zycus Software Private Limited. It is led by directors Aatish Nanji Dedhia and Alpa Aatish Dedhia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301 B Wing Third Floor Time Square Building Andheri – Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.66 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹87.22 Lakh (net margin 13.1%) and EBITDA of ₹91.05 Lakh (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Propellum. As per MCA filings, the company has open charges of ₹23.65 Cr and satisfied charges of ₹17.99 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website propellum.com.
Company details
Contact details
Propellum Infotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is propellum.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 B Wing Third Floor Time Square Building Andheri – Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Propellum Infotech 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
Brands
Propellum Infotech operates one associated brand: Propellum. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-powered job automation software and services for online job boards. | propellum.com |
Business activity
The main business activity of Propellum Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Propellum Infotech Private Limited, buy the company report.
Financials of Propellum Infotech Private Limited
FY 2025 filings availablePropellum Infotech Private Limited reported revenue of ₹6.66 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹91.05 Lakh | ||||
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| Net Profit (PAT) | ₹87.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Propellum Infotech Private Limited, buy the company report.
Board of directors of Propellum Infotech Private Limited
Propellum Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aatish Nanji Dedhia Also directs: Iora Enterprises LLP, Ataavi Bird Foundation, Tario AI Solutions Private Limited and 5 more | Director | 30 Jun 2009 | 17 Years 3 Months | Current |
| Alpa Aatish Dedhia Also directs: Iora Enterprises LLP, Ataavi Bird Foundation, Tario AI Solutions Private Limited and 5 more | Director | 30 Jun 2009 | 17 Years 3 Months | Current |
Auditor
Propellum Infotech Private Limited is audited by PATKAR & PENDSE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATKAR & PENDSE | FY 2023 | 107824W |
Shareholding
The shareholding of Propellum Infotech 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Propellum Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2019 | 100258889 | Citi Bank N.A. | ₹18.4 Cr | Open | |
| 10 Apr 2018 | 100180611 | Citi Bank N.A. | ₹3.25 Cr | Open | |
| 10 Apr 2018 | 100180614 | Citi Bank N.A. | ₹2 Cr | Open | |
| 27 Aug 2013 | 10445768 | Icici Bank Limited | ₹15.16 Cr | Satisfied | |
| 27 Aug 2013 | 10451236 | Icici Bank Limited | ₹2.83 Cr | Satisfied |
To see the full charge records of Propellum Infotech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Propellum Infotech Private Limited has 2 court cases on record: 2 filed by Propellum Infotech. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Circle 10 ( and 4 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Dubizzle Middle East FZ LLC | Disposed |
To see the full case history of Propellum Infotech 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.
Credit ratings & regulatory alerts
Propellum Infotech Private Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Propellum Infotech Private Limited, buy the company report.
MSME payment delays
Propellum Infotech Private Limited has 4 MSME Form 1 returns on record between 2020 and 2024, listing 20 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SNSS Global Services Private Limited | |||
| Extinct Fire Engineers Private Limited | |||
| LDS Infotech Private Limited | |||
| an individual supplier | |||
| Ashirwad Stainless |
To see the full MSME payment records of Propellum Infotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Propellum Infotech Private Limited has a workforce of 40 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Propellum Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ3799A1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Propellum Infotech Private Limited, buy the company report.
Recent activity
Propellum Infotech Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Aatish Nanji Dedhia was appointed as Director on 30 Jun 2009.
3 earlier events are in the company report.
Frequently asked questions
Propellum Infotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 30 June 2009 (17+ years old) and is registered under CIN U72900MH2009PTC193675.
Propellum Infotech has 2 current directors:
- Aatish Nanji Dedhia - Director
- Alpa Aatish Dedhia - Director
The latest financial statements of Propellum Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Propellum Infotech is 27AAACZ3799A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Propellum Infotech is U72900MH2009PTC193675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propellum Infotech has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Propellum Infotech was incorporated on 30 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Aatish Nanji Dedhia was appointed as Director on 30 Jun 2009. Alpa Aatish Dedhia was appointed as Director on 30 Jun 2009.
Propellum Infotech has 4 MSME Form 1 returns on record between 2020 and 2024, listing 20 overdue payments to 11 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Propellum Infotech can be reached through the website propellum.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Propellum Infotech is at 301 B Wing Third Floor Time Square Building Andheri – Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.