Drive Hydraulic Products Private Limited

Specializes in trading and distribution of hydraulic equipment for power generation and material handling.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated:

Drive Hydraulic Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.85 Cr
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 26.43%
  • Profit Growth 30.23%
  • Ebitda 44.38%
  • Net Worth 30.40%
  • Total Assets 33.07%

About Drive Hydraulic Products

Drive Hydraulic Products Private Limited (DHPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2014 and has a history of Ten years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.85 Cr. The company has closed loans amounting to ₹6.50 M, as per Ministry of Corporate Affairs (MCA) records.

Prasad Doraswamy and Muniyappa Shivaiah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300KA2014PTC076522

  • Company No.

    076522

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Drive Hydraulic Products Private Limited offer?

Drive Hydraulic Products Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Control Valves, Cartridge, Cartridge Kit, Flow Control Valves, Hydraulic & Pneumatic Cylinders, Power Packs, Pumps, Pumping Machines & Spares, Pumps Assembly.

Company report

Drive Hydraulic Products Private Limited

Explore comprehensive data for Drive Hydraulic Products Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Prasad Doraswamy Country flag representing In Director 22-Sep-2014Current
Muniyappa Shivaiah Country flag representing In Director 22-Sep-2014Current

Financial Performance of Drive Hydraulic Products.

Drive Hydraulic Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.43% increase. The company also saw a substantial improvement in profitability, with a 30.23% increase in profit. The company's net worth Soared by an impressive increase of 30.4%.

Drive Hydraulic Products revenue growth over time
Drive Hydraulic Products 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
26.43%
Revenue from Operations
27.16%
Total Assets
33.07%
Profit or Loss
30.23%
Net Worth
30.40%
EBITDA
44.38%

What is the Ownership and Shareholding Structure of Drive Hydraulic Products?

In 2023, Drive Hydraulic Products 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

₹18.50 M

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Others : 1.85 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2024Others₹1.85 CrOpen
09 Jun 2022Hdfc Bank Limited₹6.50 MSatisfied

How Many Employees Work at Drive Hydraulic Products?

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

Employee growth trends for Drive Hydraulic Products Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 18.50 M with Charge ID 100970912 was registered on 15 Jul 2024.

  • Charges

    A charge registered on 09 Jun 2022 via Charge ID 100592663 with Hdfc Bank Limited was fully satisfied on 04 Nov 2023.

  • Annual General Meeting

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

  • Balance Sheet

    Drive Hydraulic Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.50 M with Charge ID 100592663 was registered on 09 Jun 2022.

  • Director Appointment

    Prasad Doraswamy was appointed as a Director was appointed as a Director on 22 Sep 2014 & has been associated with this company since 10 years 7 months .

Frequently asked questions

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

    Drive Hydraulic Products Private Limited was incorporated on 22 Sep 2014.

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

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

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

    Currently 2 directors are associated with Drive Hydraulic Products Private Limited.

    • Prasad Doraswamy
    • Muniyappa Shivaiah
  • What is the registered address of Drive Hydraulic Products Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Drive Hydraulic Products Private Limited is C-279 7Th Cross 1St Stage Peenya Industrial Area India, Bengaluru, Karnataka, 560058.

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

    The corporate identification number (CIN) of Drive Hydraulic Products Private Limited is U40300KA2014PTC076522 and the company number is 076522 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Drive Hydraulic Products Private Limited has risen by 26.43%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Drive Hydraulic Products Private Limited has experienced an upsurge of 30.40%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Drive Hydraulic Products Private Limited amount to ₹ 1.85 Cr.

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

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial