Drive Engineering Private Limited

Provides financial and related services to clients.

2005 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Drive Engineering Profile

Key Indicators

  • Authorised Capital ₹ 3.17 Cr
  • Paid Up Capital ₹ 3.17 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 20.75 Cr
  • Revenue Growth 89.11%
  • Profit Growth 361.69%
  • Ebitda 47.96%
  • Net Worth 19.68%
  • Total Assets -18.86%

About Drive Engineering

Drive Engineering Private Limited (DEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2005 and has a history of 19 years and ten months. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.17 Cr and a paid-up capital of Rs 3.17 M.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹20.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mukund Agarwal and Raghav Agarwal serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51503WB2005PTC103093

  • Company No.

    103093

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Drive Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Mukund Agarwal Country flag representing In Director 16-Jan-2019Current
Raghav Agarwal Country flag representing In Director 16-Jan-2019Current

Financial Performance of Drive Engineering.

Drive Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.11% increase. The company also saw a substantial improvement in profitability, with a 361.69% increase in profit. The company's net worth Soared by an impressive increase of 19.68%.

Drive Engineering revenue growth over time
Drive Engineering profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
89.11%
Revenue from Operations
Total Assets
-18.86%
Profit or Loss
361.69%
Net Worth
19.68%
EBITDA
47.96%

What is the Ownership and Shareholding Structure of Drive Engineering?

In 2023, Drive Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹20.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2019Others₹10.00 CrOpen
31 Jan 2012Indiabulls Housing Finance Limited₹10.75 CrSatisfied
10 Dec 2009Axis Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Drive Engineering?

Unlock and access historical data on people associated with Drive Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Drive Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Drive Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Drive Engineering's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Drive Engineering

Recent activity within the organization

  • Annual General Meeting

    Drive Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Drive Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 01 Oct 2019 with Charge ID 100296287 was modified on 17 May 2021.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100296287 was registered on 01 Oct 2019.

  • Director Appointment

    Raghav Agarwal was appointed as a Director was appointed as a Director on 16 Jan 2019 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Mukund Agarwal was appointed as a Director was appointed as a Director on 16 Jan 2019 & has been associated with this company since 6 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Drive Engineering Private Limited?

    Drive Engineering Private Limited was incorporated on 11 May 2005.

  • What is authorized share capital and paid-up capital of Drive Engineering Private Limited?

    The authorized share capital of Drive Engineering Private Limited is ₹ 3.17 Cr and paid-up capital is ₹ 3.17 M.

  • Who are the current board members & directors of Drive Engineering Private Limited?

    Currently 2 directors are associated with Drive Engineering Private Limited.

    • Mukund Agarwal
    • Raghav Agarwal

  • What is the registered address of Drive Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Drive Engineering Private Limited is Block Aq-6 Sector-V Salt Lake, India, Kolkata, West Bengal, 700091.

  • What is the corporate identification number (CIN) and company number of Drive Engineering Private Limited?

    The corporate identification number (CIN) of Drive Engineering Private Limited is U51503WB2005PTC103093 and the company number is 103093 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Drive Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Drive Engineering Private Limited has risen by 89.11%.

  • What change has been observed in the net worth of Drive Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Drive Engineering Private Limited has experienced an upsurge of 19.68%.

  • What are the total open charges for Drive Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Drive Engineering Private Limited amount to ₹ 10.00 Cr.

  • When was the last Balance Sheet of Drive Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Drive Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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