Drive Engineering Profile
Key Indicators
- Authorised Capital ₹ 3.17 Cr
as on 17-07-2024
- Paid Up Capital ₹ 3.17 M
as on 17-07-2024
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.00 Cr
as on 17-07-2024
- Satisfied Charges ₹ 20.75 Cr
as on 17-07-2024
- Revenue 89.11%
(FY 2023)
- Profit 361.69%
(FY 2023)
- Ebitda 47.96%
(FY 2023)
- Net Worth 19.68%
(FY 2023)
- Total Assets -18.86%
(FY 2023)
About Drive Engineering
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 2023. 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.
Raghav Agarwal and Mukund Agarwal serve as directors at the Company.
- CIN/LLPIN
U51503WB2005PTC103093
- Company No.
103093
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 May 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Drive Engineering?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Agarwal  | Director | 16-Jan-2019 | Current |
| Mukund Agarwal | Director | 16-Jan-2019 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Jatashiv Niketan Private LimitedActive 12 years 9 monthsRaghav Agarwal and Mukund Agarwal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Oct 2019 | ₹10.00 Cr | Open |
Indiabulls Housing Finance Limited Creation Date: 31 Jan 2012 | ₹10.75 Cr | Satisfied |
Axis Bank Limited Creation Date: 10 Dec 2009 | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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
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.
