Drivestream India Private Limited

IT management consulting and cloud services for various clients including major corporations.

2002 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Drivestream India Profile

Key Indicators

  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 six 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 2023. 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, Gopal Krishna, and Ashish Chawla serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 Country flag representing In Director 19-Dec-2008 Current
Gopal Krishna Country flag representing Us Director 26-Jul-2002 Current
Ashish Chawla Country flag representing In Additional Director 10-Jan-2024 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%.

Graph illustrating revenue growth over time
Graph showing 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
52.02%
Revenue from Operations
46.86%
Total Assets
18.08%
Profit or Loss
-4.86%
Net Worth
13.35%
EBITDA
-35.95%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Drivestream India

Recent activity within the organization

  • Director Appointment

    Ashish Chawla was appointed as a Additional Director was appointed as a Additional Director on 10 Jan 2024 & has been associated with this company since 1 year 22 days .

    10 Jan 2024

  • Annual General Meeting

    Drivestream India Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Drivestream India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 17 Jan 2018 via Charge ID 100149682 with Others was fully satisfied on 17 Jan 2021.

    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.

    27 Nov 2020

  • Charges

    A charge registered on 26 Sep 2016 via Charge ID 100055743 with Others was fully satisfied on 26 Sep 2019.

    26 Sep 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Drivestream India Private Limited was incorporated on 26 Jul 2002.

  • The authorized share capital of Drivestream India Private Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.27 Cr.

  • Currently 3 directors are associated with Drivestream India Private Limited.

    • Damodaraswamy Raguraman
    • Gopal Damodar Krishna
    • Ashish Chawla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drivestream India Private Limited is Featherlite-The Address8Th FloorB Block, Survey No 203/10B 200 FtMmrd RoadZamin Pallavaram Kanchipuram, Tamil Nadu, India, 600043.

  • 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).

  • The Official website of Drivestream India Private Limited is https://www.drivestream.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Drivestream India Private Limited has risen by 52.02%.

  • As Per 2023 financial reports, 258 employees are currently employed by Drivestream India Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Drivestream India Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Drivestream India Private Limited was filed with the ROC on 31 Mar 2023.

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