Propeltech Labs India Private Limited
About Propeltech Labs India Private Limited
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Propeltech Labs India Private Limited is a foreign private limited company based in Sriperumbudur, Tamil Nadu, India, a subsidiary of Propel Technology Group Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2021FTC146971. Its GSTIN is 33AAMCP3692E1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1.13 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors Malarmangai Chandrasekaran and Rajasekheren Nandakumar.
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 Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.96 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 9.7%) and EBITDA of ₹3.08 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 77 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Propeltech Labs India Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRmz One Paramount Campus 10 Ground Floor, 110 Mount Poonamallee Road Porur, Sriperumbudur, Tamil Nadu, India – 600116
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Propeltech Labs India 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 Propeltech Labs India 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 Propeltech Labs India Private Limited, buy the company report.
Financials of Propeltech Labs India Private Limited
FY 2024 filings availablePropeltech Labs India Private Limited reported revenue of ₹18.96 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 14% growth in the latest year. EBITDA rose 9% 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 |
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| EBITDA | ₹3.08 Cr | |||
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| Net Profit (PAT) | ₹1.84 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 16.2% | |||
| Net Profit Margin | 9.7% | |||
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To see the full financial statements and ratios of Propeltech Labs India Private Limited, buy the company report.
Board of directors of Propeltech Labs India Private Limited
Propeltech Labs India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajasekheren Nandakumar Also directs: Vernalis Capital Alliance 1 LLP, Vernalis Capital Private Limited, Vernalis Karls Hospitality Services Private Limited and 1 more | Nominee Director | 11 Oct 2021 | 5 Years 0 Months | Current |
| Malarmangai Chandrasekaran | Director | 11 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Propeltech Labs India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ciyes Systems Private Limited | ₹19.02 Cr (FY 2024) | 117.0% | Thudiyalur, Tamil Nadu, India | |||
| Itorizon India Private Limited | ₹19.01 Cr (FY 2023) | 24.0% | Bengaluru, Karnataka, India | |||
| Appit Software Solutions Private Limited | ₹19.01 Cr (FY 2024) | -14.0% | Hyderabad, Telangana, India | |||
| Nuvepro Technologies Private Limited | ₹18.99 Cr (FY 2025) | 36.0% | Bangalore, Karnataka, India | |||
| Kameda Infologics Private Limited | ₹18.99 Cr (FY 2024) | 61.0% | Thiruvananthapuram, Kerala, India | |||
| Propeltech Labs India Private Limitedthis company | ₹18.96 Cr (FY 2025) | ₹1.84 Cr | 9.7% | 14.0% | 77 | Sriperumbudur, Tamil Nadu, India |
| Vianet Media Private Limited | ₹18.96 Cr (FY 2025) | 26.0% | Delhi, India | |||
| Strawberry Infotech Private Limited | ₹18.96 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Bugraptors Infotech Private Limited | ₹18.93 Cr (FY 2025) | 1.0% | Mohali, Punjab, India | |||
| Convertcart AI System Private Limited | ₹18.92 Cr (FY 2024) | -12.0% | Bangalore, Karnataka, India | |||
| Adaptive Control Security Global Corporate Private Limited | ₹18.91 Cr (FY 2024) | -33.0% | Delhi, India |
To see the full peer comparison of Propeltech Labs India Private Limited, buy the company report.
Auditor
Propeltech Labs India Private Limited is audited by L V Suryanarayana for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L V Suryanarayana | FY 2024 | 028043 |
Shareholding
The shareholding of Propeltech Labs India Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Propeltech Labs India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Propeltech Labs India 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 Propeltech Labs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Propeltech Labs India Private Limited has a workforce of 77 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Propeltech Labs India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCP3692E1ZA | Tamil Nadu | Active | 21 Oct 2021 |
To see the full GST registrations and return filing status of Propeltech Labs India Private Limited, buy the company report.
Recent activity
Propeltech Labs India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Malarmangai Chandrasekaran was appointed as Director on 11 Oct 2021.
Frequently asked questions
Propeltech Labs India is an active foreign private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 October 2021 (5+ years old) and is registered under CIN U72200TN2021FTC146971.
Propeltech Labs India has 2 current directors:
- Rajasekheren Nandakumar - Nominee Director
- Malarmangai Chandrasekaran - Director
The latest financial statements of Propeltech Labs India 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 FY 2022 are in the company report.
The GSTIN of Propeltech Labs India is 33AAMCP3692E1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Propeltech Labs India is U72200TN2021FTC146971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propeltech Labs India was incorporated on 11 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Propeltech Labs India by revenue are Ciyes Systems Private Limited, Itorizon India Private Limited, Appit Software Solutions Private Limited, Nuvepro Technologies Private Limited, Kameda Infologics Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Malarmangai Chandrasekaran was appointed as Director on 11 Oct 2021. Rajasekheren Nandakumar was appointed as Nominee Director on 11 Oct 2021.
The registered office of Propeltech Labs India is at Rmz One Paramount Campus 10 Ground Floor, 110 Mount Poonamallee Road Porur, Sriperumbudur, Tamil Nadu, India – 600116.
Propeltech Labs India operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Propeltech Labs India is compliant as of 12 July 2026. The company is actively filing with the Registrar of Companies.
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