Purple Drive Technologies Private Limited

Provides software consultancy and training services for IT and communication.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 30, 2024

Purple Drive Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.18 M
  • Company Age 20 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.14 Cr
  • Revenue Growth 165.75%
  • Profit Growth 1.29%
  • Ebitda 55.16%
  • Net Worth 58.42%
  • Total Assets 97.66%

About Purple Drive Technologies

Purple Drive Technologies Private Limited (PDTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 2005 and has a history of 20 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Mentoris Solutions 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 1.50 M and a paid-up capital of Rs 1.18 M.

The company currently has active open charges totaling ₹1.14 Cr.

Sundar Sethuraman, Sethuraman Kalyani, Ragunathan Srilatha, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100TN2005PTC055161

  • Company No.

    055161

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Purple Drive Technologies Private Limited offer?

Purple Drive Technologies Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant.

Who are the key members and board of directors at Purple Drive Technologies?

Board Members (4)

Name Designation Appointment Date Status
Sundar Sethuraman Country flag representing In Director 17-Jan-2005 Current
Sethuraman Kalyani Country flag representing In Director 23-Dec-2020 Current
Ragunathan Srilatha Country flag representing Us Director 08-Apr-2022 Current
Prakash Sahu Country flag representing In Director 08-Apr-2022 Current

Financial Performance of Purple Drive Technologies.

Purple Drive Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 165.75% increase. The company also saw a slight improvement in profitability, with a 1.29% increase in profit. The company's net worth Soared by an impressive increase of 58.42%.

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
165.75%
Revenue from Operations
165.71%
Total Assets
97.66%
Profit or Loss
1.29%
Net Worth
58.42%
EBITDA
55.16%

What is the Ownership and Shareholding Structure of Purple Drive Technologies?

Unlock access to Purple Drive Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.41 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.14 Cr

Latest Charge Details

Date Lender Amount Status
06 May 2022 Hdfc Bank Limited ₹1.14 Cr Open

How Many Employees Work at Purple Drive Technologies?

Purple Drive Technologies has a workforce of 159 employees as of Mar 24, 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 Purple Drive Technologies, 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 Purple Drive Technologies'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 Purple Drive Technologies

Recent activity within the organization

  • Annual General Meeting

    Purple Drive Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Purple Drive Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.41 M with Charge ID 100578139 was registered on 06 May 2022.

    06 May 2022

  • Director Appointment

    Ragunathan Srilatha was appointed as a Director was appointed as a Director on 08 Apr 2022 & has been associated with this company since 2 years 10 months .

    08 Apr 2022

  • Director Appointment

    Prakash Kumar Sahu was appointed as a Director was appointed as a Director on 08 Apr 2022 & has been associated with this company since 2 years 10 months .

    08 Apr 2022

  • Director Appointment

    Sethuraman Kalyani was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

Frequently asked questions

  • Purple Drive Technologies Private Limited was incorporated on 17 Jan 2005.

  • The authorized share capital of Purple Drive Technologies Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.18 M.

  • Currently 4 directors are associated with Purple Drive Technologies Private Limited.

    • Sundar Sethuraman
    • Sethuraman Kalyani
    • Ragunathan Srilatha
    • Prakash Kumar Sahu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purple Drive Technologies Private Limited is No. 14 And 16 Raman Street T.Nagar, Chennai, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Purple Drive Technologies Private Limited is U72100TN2005PTC055161 and the company number is 055161 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purple Drive Technologies Private Limited is https://www.purpledrive.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Purple Drive Technologies Private Limited has risen by 165.75%.

  • As Per 2023 financial reports, 159 employees are currently employed by Purple Drive Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Purple Drive Technologies Private Limited has experienced an upsurge of 58.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Purple Drive Technologies Private Limited amount to ₹ 1.14 Cr.

  • The most recent Balance Sheet for Purple Drive Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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