Drive India Enterprise Solutions Limited

Logistics company providing warehousing, project logistics, international freight forwarding, and e-trade services to various industries.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Drive India Enterprise Solutions Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 3.32 Cr
  • Company Age 25 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 90.00 Cr
  • Satisfied Charges ₹ 2,480.00 Cr
  • Revenue Growth -26.70%
  • Profit Growth -99.28%
  • Ebitda -95.82%
  • Net Worth -0.07%
  • Total Assets 1.21%

About Drive India Enterprise Solutions

Drive India Enterprise Solutions Limited (DIESL) is a Public Limited Indian Non-Government Company incorporated in India on 27 April 2000 and has a history of 25 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Driveindiacom Limited. The Company is engaged in the Transport And Logistics 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 50.00 Cr and a paid-up capital of Rs 3.32 Cr.

The company currently has active open charges totaling ₹90.00 Cr. The company has closed loans amounting to ₹2,480.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Milind Shahane, Ramanathan Ananthakrishnan, and Srinivasan Murali serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2000PLC104165

  • Company No.

    104165

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

What products or services does Drive India Enterprise Solutions Limited offer?

Drive India Enterprise Solutions Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Logistics Service, Data Management Systems, Document Management System.

Company report

Drive India Enterprise Solutions Limited

Explore comprehensive data for Drive India Enterprise Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Drive India Enterprise Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Srinivasan Murali Country flag representing In Director 29-Sep-2021Current
Milind Shahane Country flag representing In Director 26-Sep-2012Current
Ramanathan Ananthakrishnan Country flag representing In Director 29-Sep-2021Current

Financial Performance of Drive India Enterprise Solutions.

Drive India Enterprise Solutions Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 26.7% decrease. The company also saw a substantial fall in profitability, with a 99.28% decrease in profit. The company's net worth dipped by a decrease of 0.07%.

Drive India Enterprise Solutions revenue growth over time
Drive India Enterprise Solutions 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
-26.70%
Revenue from Operations
-79.50%
Total Assets
1.21%
Profit or Loss
-99.28%
Net Worth
-0.07%
EBITDA
-95.82%

What is the Ownership and Shareholding Structure of Drive India Enterprise Solutions?

In 2022, Drive India Enterprise Solutions had a public 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

₹90.00 Cr

Satisfied Charges

₹2,480.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 90.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2014Others₹90.00 CrOpen
22 Dec 2017Axis Bank Limited₹75.00 CrSatisfied
11 Jun 2016Yes Bank Limited₹75.00 CrSatisfied
30 Dec 2015Tata Capital Financial Services Limited₹25.00 CrSatisfied
22 Oct 2013Australia And New Zealand Banking Group Limited₹130.00 CrSatisfied

How Many Employees Work at Drive India Enterprise Solutions?

Drive India Enterprise Solutions has a workforce of 13 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Drive India Enterprise Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Drive India Enterprise Solutions, 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 India Enterprise Solutions'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 India Enterprise Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Drive India Enterprise Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100157526 with Axis Bank Limited was fully satisfied on 27 Mar 2024.

  • Charges

    A charge registered on 09 Oct 2013 via Charge ID 10452940 with Icici Bank Limited was fully satisfied on 19 Dec 2023.

  • Director Appointment

    Ramanathan Karimpuza Ananthakrishnan was appointed as a Director was appointed as a Director on 29 Sep 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Srinivasan Murali was appointed as a Director was appointed as a Director on 29 Sep 2021 & has been associated with this company since 3 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Drive India Enterprise Solutions Limited?

    Drive India Enterprise Solutions Limited was incorporated on 27 Apr 2000.

  • What is authorized share capital and paid-up capital of Drive India Enterprise Solutions Limited?

    The authorized share capital of Drive India Enterprise Solutions Limited is ₹ 50.00 Cr and paid-up capital is ₹ 3.32 Cr.

  • Who are the current board members & directors of Drive India Enterprise Solutions Limited?

    Currently 3 directors are associated with Drive India Enterprise Solutions Limited.

    • Milind Madhav Shahane
    • Ramanathan Karimpuza Ananthakrishnan
    • Srinivasan Murali

  • What is the registered address of Drive India Enterprise Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Drive India Enterprise Solutions Limited is 58 Eldams Road Teynampet, India, Chennai, Tamil Nadu, 600018.

  • What is the corporate identification number (CIN) and company number of Drive India Enterprise Solutions Limited?

    The corporate identification number (CIN) of Drive India Enterprise Solutions Limited is U72900TN2000PLC104165 and the company number is 104165 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Drive India Enterprise Solutions Limited?

    The Official website of Drive India Enterprise Solutions Limited is https://www.diesl.in

  • What has been the recent revenue trend for Drive India Enterprise Solutions Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Drive India Enterprise Solutions Limited has fallen by -26.70%.

  • How many employees does Drive India Enterprise Solutions Limited currently have?

    As Per 2022 financial reports, 13 employees are currently employed by Drive India Enterprise Solutions Limited.

  • What change has been observed in the net worth of Drive India Enterprise Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Drive India Enterprise Solutions Limited has experienced an downturn of -0.07%.

  • What are the total open charges for Drive India Enterprise Solutions Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Drive India Enterprise Solutions Limited amount to ₹ 90.00 Cr.

  • When was the last Balance Sheet of Drive India Enterprise Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Drive India Enterprise Solutions Limited was filed with the ROC on 31 Mar 2024.

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