Drivestream India Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 1.27 Cr
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 3.20 Cr
- Revenue Growth 52.02%
- Profit Growth -4.86%
- Ebitda -35.95%
- Net Worth 13.35%
- Total Assets 18.08%
About Drivestream India
Drivestream India Private Limited (DIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2002 and has a history of 22 years and seven months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Curvet Technologies Private Limited. The Company is engaged in the Information Technology 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 1.80 Cr and a paid-up capital of Rs 1.27 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹3.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Damodaraswamy Raguraman, Ashish Chawla, and Gopal Krishna serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TN2002PTC049329
- Company No.
049329
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 2002
- Date of AGM
28 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
What products or services does Drivestream India Private Limited offer?
Drivestream India Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Business Planning and Management, Business Consultant, Data Entry & Data Processing Service, Database Management, Turnkey Consultants & Solutions, Project Management, Data Collection Services, Data Management.
Who are the key members and board of directors at Drivestream India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Damodaraswamy Raguraman  | Director | 19-Dec-2008 | Current |
| Ashish Chawla | Nominee Director | 12-Dec-2023 | Current |
Gopal Krishna  | Director | 26-Jul-2002 | Current |
Financial Performance of Drivestream India.
Drivestream India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.02% increase. The company also saw a slight decrease in profitability, with a 4.86% decrease in profit. The company's net worth Soared by an impressive increase of 13.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Drivestream India?
In 2023, Drivestream India had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Capco Technologies Private LimitedAshish Chawla is a mutual person
Attune Consulting India Private LimitedAshish Chawla is a mutual person
Wipro Technology Productservices Private LimitedAshish Chawla is a mutual person
- Wipro Vlsi Design Services India Private Limited
Ashish Chawla is a mutual person
- Wipro Overseas It Services Private Limited
Ashish Chawla is a mutual person
- Wipro Hr Services India Private Limited
Ashish Chawla is a mutual person
Charges (Loans)
Open Charges
₹4.00 Cr
Satisfied Charges
₹3.20 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2016 | Others | ₹4.00 Cr | Open |
| 17 Jan 2018 | Others | ₹0.60 M | Satisfied |
| 26 Sep 2016 | Others | ₹0.66 M | Satisfied |
| 22 Mar 2014 | Indian Overseas Bank | ₹3.00 Cr | Satisfied |
| 25 May 2012 | Bank Of Baroda | ₹0.75 M | Satisfied |
How Many Employees Work at Drivestream India?
Drivestream India has a workforce of 258 employees as of Mar 25, 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 Drivestream India, 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 Drivestream India'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.
Latest Updates, News, and FAQs on Drivestream India
Recent activity within the organization
- Annual General Meeting
Drivestream India Private Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.
- Balance Sheet
Drivestream India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Ashish Chawla was appointed as a Nominee Director was appointed as a Nominee Director on 12 Dec 2023 & has been associated with this company since 1 year 2 months .
- Charges
A charge registered on 17 Jan 2018 via Charge ID 100149682 with Others was fully satisfied on 17 Jan 2021.
- Charges
A charge with Others of Rs. 4.00 Cr registered on 22 Sep 2016 with Charge ID 100055741 was modified on 27 Nov 2020.
- Charges
A charge registered on 26 Sep 2016 via Charge ID 100055743 with Others was fully satisfied on 26 Sep 2019.
Recent News, Updates & Announcement
Wipro acquires 26% stake in US-based Drivestream | Mint.Wipro has invested $809,690 investment in management and IT consulting firm Drivestream for a 26% stake.
Frequently asked questions
What is the Incorporation or founding date of Drivestream India Private Limited?
Drivestream India Private Limited was incorporated on 26 Jul 2002.
What is authorized share capital and paid-up capital of Drivestream India Private Limited?
The authorized share capital of Drivestream India Private Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.27 Cr.
Who are the current board members & directors of Drivestream India Private Limited?
Currently 3 directors are associated with Drivestream India Private Limited.
- Damodaraswamy Raguraman
- Ashish Chawla
- Gopal Damodar Krishna
What is the registered address of Drivestream India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Drivestream India Private Limited is Featherlite-The Address 8Th Floor B Block Survey No 203/10B 200 Ft Mmrd Road, Zamin Pallavaram India, Kanchipuram, Tamil Nadu, 600043.
What is the corporate identification number (CIN) and company number of Drivestream India Private Limited?
The corporate identification number (CIN) of Drivestream India Private Limited is U72200TN2002PTC049329 and the company number is 049329 as per Ministry of Corporate Affairs (MCA).
What is the official website of Drivestream India Private Limited?
The Official website of Drivestream India Private Limited is https://www.drivestream.com
What has been the recent revenue trend for Drivestream India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Drivestream India Private Limited has risen by 52.02%.
How many employees does Drivestream India Private Limited currently have?
As Per 2023 financial reports, 258 employees are currently employed by Drivestream India Private Limited.
What change has been observed in the net worth of Drivestream India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Drivestream India Private Limited has experienced an upsurge of 13.35%.
What are the total open charges for Drivestream India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Drivestream India Private Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Drivestream India Private Limited filed with the ROC?
The most recent Balance Sheet for Drivestream India Private Limited was filed with the ROC on 31 Mar 2024.
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