Drive Hydraulic Products Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 10 Year, 5 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 five 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
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.
Who are the key members and board of directors at Drive Hydraulic Products?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasad Doraswamy  | Director | 22-Sep-2014 | Current |
| Muniyappa Shivaiah | Director | 22-Sep-2014 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Opdesa Solutions Private LimitedPrasad Doraswamy is a mutual person
Baunwert Advisors Private LimitedPrasad Doraswamy is a mutual person
Baunwert Innoventures LlpPrasad Doraswamy is a mutual person
- Salsette Hydraulics Llp
Prasad Doraswamy and Muniyappa Shivaiah are mutual person
- Sindu Valley Technologies Limited
Prasad Doraswamy is a mutual person
Charges (Loans)
₹18.50 M
₹6.50 M
Charges Breakdown by Lending Institutions
- Others : 1.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2024 | Others | ₹1.85 Cr | Open |
| 09 Jun 2022 | Hdfc Bank Limited | ₹6.50 M | Satisfied |
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.
Deals i
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
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
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