Drive India Enterprise Solutions Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 3.32 Cr
- Company Age 24 Year, 9 Months
- 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 24 years and nine months. 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
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.
Who are the key members and board of directors at Drive India Enterprise Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Murali  | Director | 29-Sep-2021 | Current |
| Milind Shahane | Director | 26-Sep-2012 | Current |
| Ramanathan Ananthakrishnan | Director | 29-Sep-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Tata Autocomp Systems LimitedMilind Shahane is a mutual person
Tata Classedge LimitedMilind Shahane is a mutual person
Trios Material Handling Private LimitedMilind Shahane is a mutual person
- Reach Cargo Movers Private Limited
Milind Shahane is a mutual person
- T.S.Rajam Rubbers Private Limited
Ramanathan Ananthakrishnan and Srinivasan Murali are mutual person
- Dhinrama Mobility Solution Private Limited
Ramanathan Ananthakrishnan and Srinivasan Murali are mutual person
Charges (Loans)
₹90.00 Cr
₹2,480.00 Cr
Charges Breakdown by Lending Institutions
- Others : 90.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Dec 2014 | Others | ₹90.00 Cr | Open |
| 22 Dec 2017 | Axis Bank Limited | ₹75.00 Cr | Satisfied |
| 11 Jun 2016 | Yes Bank Limited | ₹75.00 Cr | Satisfied |
| 30 Dec 2015 | Tata Capital Financial Services Limited | ₹25.00 Cr | Satisfied |
| 22 Oct 2013 | Australia And New Zealand Banking Group Limited | ₹130.00 Cr | Satisfied |
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.
Deals i
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
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.
