Drives Application Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.60 M
- Revenue Growth 10.19%
- Profit Growth 2.36%
- Ebitda 18.03%
- Net Worth 30.63%
- Total Assets 164.21%
About Drives Application
Drives Application Private Limited (DAPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 July 2012 and has a history of 12 years and seven months. Its registered office is in Delhi, India.
The Company is engaged in the Engineering 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹0.60 M.
Manish Jindal, Deepak Dutt, and Brij Sharma serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29299DL2012PTC239071
- Company No.
239071
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jul 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Drives Application Private Limited offer?
Drives Application Private Limited offers a wide range of products and services, including Resistors & Other Passive Devices, Resistors, Process Control Systems & Equipments, Motor Controllers, VFD, PLC, HMI & Control Equipments, Motor Drives.
Who are the key members and board of directors at Drives Application?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Jindal  | Director | 19-Jul-2012 | Current |
| Deepak Dutt | Director | 19-Jul-2012 | Current |
| Brij Sharma | Director | 19-Jul-2012 | Current |
Financial Performance of Drives Application.
Drives Application Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 10.19% increase. The company also saw a slight improvement in profitability, with a 2.36% increase in profit. The company's net worth Soared by an impressive increase of 30.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Drives Application?
In 2020, Drives Application 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)
Fixit Automation Repair LlpManish Jindal is a mutual person
Charges (Loans)
₹0.60 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2022 | Hdfc Bank Limited | ₹0.60 M | Open |
How Many Employees Work at Drives Application?
Unlock and access historical data on people associated with Drives Application, 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 Drives Application, 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 Drives Application'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.