Sheerdrive Private Limited

Online platform for efficient and accurate used car selling services, established in 2019.

2019 | Showroom Metro Estate Kalina Mumbai, Maharashtra (India) | Active
Last Updated: July 02, 2024

Sheerdrive Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 43.50%
  • Profit Growth -93.21%
  • Ebitda -97.14%
  • Net Worth 41.21%
  • Total Assets 58.07%

About Sheerdrive

Sheerdrive Private Limited (SPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 August 2019 (Five years and six months 12 days old ). Its registered office is in Showroom Metro Estate Kalina Mumbai, Maharashtra, India.

The Company is engaged in the E-Commerce 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 6.00 Cr and a paid-up capital of Rs 1.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravisen Mehra, Siddharth Panikar, Harshal Desai, and One other member serve as directors at the Company.

Company Details

  • Location

    Showroom Metro Estate Kalina Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sheerdrive.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2019PTC329255

  • Company No.

    329255

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

Who are the key members and board of directors at Sheerdrive?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravisen Mehra Country flag representing In Managing Director13-Aug-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Siddharth Panikar Country flag representing In Director 12-Nov-2020Current
Harshal Desai Country flag representing In Director 12-Nov-2020Current
Meenakshi Mehra Country flag representing In Director 13-Aug-2019Current

Financial Performance of Sheerdrive.

Sheerdrive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.5% increase. The company also saw a substantial fall in profitability, with a 93.21% decrease in profit. The company's net worth Soared by an impressive increase of 41.21%.

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
43.50%
Revenue from Operations
43.42%
Total Assets
58.07%
Profit or Loss
-93.21%
Net Worth
41.21%
EBITDA
-97.14%

What is the Ownership and Shareholding Structure of Sheerdrive?

In 2023, Sheerdrive had a promoter holding of 99.17% and a public holding of 0.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sheerdrive?

Sheerdrive has a workforce of 118 employees as of Apr 11, 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 Sheerdrive, 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 Sheerdrive'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 Sheerdrive

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sheerdrive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Siddharth Vijay Panikar was appointed as a Director was appointed as a Director on 12 Nov 2020 & has been associated with this company since 4 years 3 months .

    12 Nov 2020

  • Director Appointment

    Harshal Manojkumar Desai was appointed as a Director was appointed as a Director on 12 Nov 2020 & has been associated with this company since 4 years 3 months .

    12 Nov 2020

  • Director Appointment

    Ravisen Manmohan Mehra was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2019 & has been associated with this company since 5 years 6 months .

    13 Aug 2019

  • Director Appointment

    Meenakshi Ravisen Mehra was appointed as a Director was appointed as a Director on 13 Aug 2019 & has been associated with this company since 5 years 6 months .

    13 Aug 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Sheerdrive Private Limited was incorporated on 13 Aug 2019.

  • The authorized share capital of Sheerdrive Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 1.08 Cr.

  • Currently 4 directors are associated with Sheerdrive Private Limited.

    • Ravisen Manmohan Mehra
    • Siddharth Vijay Panikar
    • Harshal Manojkumar Desai
    • Meenakshi Ravisen Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sheerdrive Private Limited is C/O 91Springboard Business Hub Pvt Ltd; 175 Kagalwala House Vidyanagari Marg Behin, D Mercedes, Showroom Metro Estate Kalina Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Sheerdrive Private Limited is U74999MH2019PTC329255 and the company number is 329255 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sheerdrive Private Limited is https://www.sheerdrive.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sheerdrive Private Limited has risen by 43.50%.

  • As Per 2023 financial reports, 118 employees are currently employed by Sheerdrive Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sheerdrive Private Limited has experienced an upsurge of 41.21%.

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