About RX Propellant Private Limited
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RX Propellant Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Actis Rx 1 (Mauritius) Limited (Formerly Known Actis Treit 16P First (Mauritius) Limited). It operates in the biotechnology segment of the life sciences sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70109TG2020PTC145191. Its GSTIN is 36AAKCR5464J1ZV (Telangana).
The company has an authorised share capital of ₹240.01 Cr and a paid-up capital of ₹131.01 Cr. It was formerly known as Rx Propellant Asset Advisors Private Limited. It is led by directors including Ashish Balram Singh (Managing Director) and Praveen Kumar Poonamallee Sridharan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹30.25 Cr (net margin -91.1%) and EBITDA of -₹15.23 Cr (EBITDA margin -45.9%).
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Rx Propellant. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹34.01 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rxpropellant.com.
Company details
Contact details
RX Propellant Private Limited's registered office is in Hyderabad, Telangana. Its website is rxpropellant.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 505A 5th Floor Gowra Palladium Plot No 8A And 8B/1, Raidurg Village Serlingampally Mandal Ranga Reddy District, Hyderabad, Telangana, India – 500081
- IndustryLife Sciences, Biotechnology
To see the full contact details of RX Propellant 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
RX Propellant operates one associated brand: Rx Propellant. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate infrastructure development services are provided. | rxpropellant.com |
Business activity
The main business activity of RX Propellant is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of RX Propellant Private Limited, buy the company report.
Financials of RX Propellant Private Limited
FY 2025 filings availableRX Propellant Private Limited reported revenue of ₹33.2 Cr (up 199% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 199% in the latest year. EBITDA rose 17% 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 | -₹15.23 Cr | ||||
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| Net Profit (PAT) | -₹30.25 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | -45.9% | ||||
| Net Profit Margin | -91.1% | ||||
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To see the full financial statements and ratios of RX Propellant Private Limited, buy the company report.
Board of directors and KMP of RX Propellant Private Limited
RX Propellant Private Limited currently reports 6 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Poonamallee Sridharan | Director | 11 May 2022 | 4 Years 5 Months | Current |
| Mohammed Hameeduddin Farouqui | Company Secretary | 02 Aug 2022 | 4 Years 3 Months | Current |
| Ashish Balram Singh | Managing Director | 22 Oct 2025 | 1 Years 0 Months | Current |
| Raghvendra Chandak | Director | 11 May 2022 | 4 Years 5 Months | Current |
| Richard Stephen Mully | Director | 29 Jul 2022 | 4 Years 3 Months | Current |
| Dinesh Meel | Director | 07 May 2024 | 2 Years 6 Months | Current |
Auditor
RX Propellant Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of RX Propellant Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of RX Propellant Private Limited, buy the company report.
Deals & funding
RX Propellant Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹34.01 Cr; the latest was in March 2022.
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹34.01 Cr | Investors: Actis Advisors, RSJS Advisory Services LLP , Clay Business Ventures Private Limited |
To see the full deal history of RX Propellant Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving RX Propellant 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 RX Propellant Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
RX Propellant has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| JVRX Asset Management Private Limited | U70109TG2020PTC145003 |
To see the full group structure of RX Propellant Private Limited, buy the company report.
Employees & EPFO
RX Propellant Private Limited has a workforce of 24 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
RX Propellant has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCR5464J1ZV | Telangana | Active | 05 Jul 2021 |
To see the full GST registrations and return filing status of RX Propellant Private Limited, buy the company report.
Recent activity
RX Propellant Private Limited has 17 board changes on record since 2020: 12 appointments and 5 cessations. The latest: Ashish Balram Singh was appointed as Managing Director on 22 Oct 2025.
8 earlier events are in the company report.
News
Frequently asked questions
RX Propellant is an active private limited company based in Hyderabad, Telangana, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U70109TG2020PTC145191.
RX Propellant has 7 current directors and KMP:
- Ashish Balram Singh - Managing Director
- Praveen Kumar Poonamallee Sridharan - Director
- Raghvendra Chandak - Director
- Richard Stephen Mully - Director
- Dinesh Meel - Director
- Brian David Chinappi - Director
- Mohammed Hameeduddin Farouqui - Company Secretary
The latest financial statements of RX Propellant on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of RX Propellant is 36AAKCR5464J1ZV, registered in Telangana.
The CIN (Corporate Identification Number) of RX Propellant is U70109TG2020PTC145191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RX Propellant was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
RX Propellant has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹34.01 Cr; the latest was in March 2022.
Ashish Balram Singh was appointed as Managing Director on 22 Oct 2025. Jasmeet Singh Chhabra ceased to be Director on 02 May 2025. Milind Ravi ceased to be CEO on 02 May 2025. RX Propellant has 17 board changes on record in total.
RX Propellant can be reached through the website rxpropellant.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of RX Propellant is at Unit No 505A 5th Floor Gowra Palladium Plot No 8A And 8B1, Raidurg Village Serlingampally Mandal Ranga Reddy District, Hyderabad, Telangana, India – 500081.
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