Drive Home Private Limited

Provides various services related to buying, selling, and exporting goods and services, specifically old cars and vehicles.

2019 | Gurugram, Haryana (India) | Active
Last Updated:

Drive Home Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 1.00 K
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 155.60 Cr
  • Revenue Growth -10.88%
  • Profit Growth 199.70%
  • Ebitda 49.26%
  • Net Worth 158.62%
  • Total Assets -91.29%

About Drive Home

Drive Home Private Limited (DHPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2019 (Five years and eight months 21 days old ). Its registered office is in Gurugram, Haryana, India.

The Company is engaged in the Automotive 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 0.10 M and a paid-up capital of Rs 1.00 K .

The company has closed loans amounting to ₹155.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishnan Narayanswamy and Prabhat Verma serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    drivehome.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50403HR2019PTC080908

  • Company No.

    080908

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Krishnan Narayanswamy Country flag representing In Director 08-May-2024Current
Prabhat Verma Country flag representing In Director 02-Aug-2021Current

Financial Performance of Drive Home.

Drive Home Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.88% decrease. The company also saw a substantial improvement in profitability, with a 199.7% increase in profit. The company's net worth Soared by an impressive increase of 158.62%.

Drive Home revenue growth over time
Drive Home 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
-10.88%
Revenue from Operations
-7.55%
Total Assets
-91.29%
Profit or Loss
199.70%
Net Worth
158.62%
EBITDA
49.26%

What is the Ownership and Shareholding Structure of Drive Home?

In 2023, Drive Home 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

₹0

Satisfied Charges

₹1,556.00 M

Charges Breakdown by Lending Institutions

  • Others : 112.10 Cr
  • Hdfc Bank Limited : 16.00 Cr
  • Yes Bank Limited : 15.00 Cr
  • Axis Bank Limited : 12.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2022Hdfc Bank Limited₹16.00 CrSatisfied
10 Jun 2022Others₹20.00 CrSatisfied
25 Mar 2022Yes Bank Limited₹15.00 CrSatisfied
09 Mar 2022Axis Bank Limited₹12.50 CrSatisfied
10 Jan 2022Others₹10.00 CrSatisfied

How Many Employees Work at Drive Home?

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

Employee growth trends for Drive Home Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Drive Home, 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 Home'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 Home

Recent activity within the organization

  • Director Appointment

    Krishnan Narayanswamy was appointed as a Director was appointed as a Director on 08 May 2024 & has been associated with this company since 9 months 26 days .

  • Annual General Meeting

    Drive Home Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 10 Jun 2022 via Charge ID 100588325 with Others was fully satisfied on 15 Apr 2023.

  • Charges

    A charge registered on 10 Jan 2022 via Charge ID 100521618 with Others was fully satisfied on 31 Mar 2023.

  • Balance Sheet

    Drive Home Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 30 Jul 2022 via Charge ID 100612078 with Hdfc Bank Limited was fully satisfied on 08 Mar 2023.

Frequently asked questions

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

    Drive Home Private Limited was incorporated on 13 Jun 2019.

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

    The authorized share capital of Drive Home Private Limited is ₹ 0.10 M and paid-up capital is ₹ 1.00 K .

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

    Currently 2 directors are associated with Drive Home Private Limited.

    • Krishnan Narayanswamy
    • Prabhat Verma

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Drive Home Private Limited is House No. 1405, The Palm Drive Sector 66 India, Gurgaon, Haryana, 122002.

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

    The corporate identification number (CIN) of Drive Home Private Limited is U50403HR2019PTC080908 and the company number is 080908 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Drive Home Private Limited?

    The Official website of Drive Home Private Limited is https://www.drivehome.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Drive Home Private Limited has fallen by -10.88%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Drive Home Private Limited has experienced an upsurge of 158.62%.

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

    The most recent Balance Sheet for Drive Home Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Dealership & Trading