Valuedrive Technologies Profile
Key Indicators
- Authorised Capital ₹ 61.37 Cr
- Paid Up Capital ₹ 47.35 Cr
- Company Age 6 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 975.00 Cr
- Satisfied Charges ₹ 366.56 Cr
- Revenue Growth 322.47%
- Profit Growth -314.80%
- Ebitda -359.92%
- Net Worth 432.85%
- Total Assets 382.65%
About Valuedrive Technologies
Valuedrive Technologies Private Limited (VTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 January 2019 (Six years and two months 19 days old ). Its registered office is in Gurugram, Haryana, 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 2024. It's a company limited by shares with an authorized capital of Rs 61.37 Cr and a paid-up capital of Rs 47.35 Cr.
The company currently has active open charges totaling ₹975.00 Cr. The company has closed loans amounting to ₹366.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Valuedrive Technologies Private Limited India is Sonal Sharma as COMPANY SECRETARY. Ashish Kumar, Mukul Arora, Niraj Singh, and Three other members serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999HR2019PTC077781
- Company No.
077781
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jan 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
E-Commerce
Who are the key members and board of directors at Valuedrive Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sonal Sharma  | Company Secretary | 15-Oct-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Niraj Singh | Director | 20-Feb-2019 | Current |
| Ashish Kumar | Nominee Director | 03-Apr-2021 | Current |
| Mukul Arora | Nominee Director | 19-Feb-2021 | Current |
Anand Daniel  | Nominee Director | 14-Sep-2020 | Current |
| Ramanshu Mahaur | Director | 11-Jan-2019 | Current |
| Mohit Gupta | Director | 11-Jan-2019 | Current |
Financial Performance of Valuedrive Technologies.
Valuedrive Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 322.47% increase. The company also saw a substantial fall in profitability, with a 314.8% decrease in profit. The company's net worth Soared by an impressive increase of 432.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Valuedrive Technologies?
In 2023, Valuedrive Technologies had a promoter holding of 80.42% and a public holding of 19.58%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Creatormon Private LimitedAshish Kumar is a mutual person
Vedantu Innovations Private LimitedAnand Daniel is a mutual person
Fundamentum Investment Advisors LlpAshish Kumar is a mutual person
Fareye Technologies Private LimitedAshish Kumar is a mutual person
Finnew Solutions Private LimitedAnand Daniel is a mutual person
Swiggy LimitedAnand Daniel is a mutual person
Charges (Loans)
Open Charges
₹975.00 Cr
Satisfied Charges
₹366.56 Cr
Charges Breakdown by Lending Institutions
- Others : 620.00 Cr
- Axis Bank Limited : 100.00 Cr
- Hdfc Bank Limited : 100.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 75.00 Cr
- Citi Bank N.A. : 40.00 Cr
- Others : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2023 | Yes Bank Limited | ₹40.00 Cr | Open |
| 19 May 2023 | Others | ₹50.00 Cr | Open |
| 11 Apr 2023 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 26 Dec 2022 | Citi Bank N.A. | ₹40.00 Cr | Open |
| 29 Nov 2022 | Others | ₹24.00 Cr | Open |
How Many Employees Work at Valuedrive Technologies?
Valuedrive Technologies has a workforce of 3992 employees as of Apr 01, 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 Valuedrive 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 Valuedrive Technologies'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 Valuedrive Technologies
Recent activity within the organization
- Charges
A charge registered on 22 Feb 2021 via Charge ID 100464761 with Others was fully satisfied on 18 Oct 2024.
- Annual General Meeting
Valuedrive Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 120.00 Cr registered on 09 Nov 2022 with Charge ID 100640129 was modified on 09 Sep 2024.
- Charges
A charge registered on 18 Nov 2020 via Charge ID 100414264 with Others was fully satisfied on 21 Aug 2024.
- Charges
A charge registered on 29 Jun 2022 via Charge ID 100587790 with Others was fully satisfied on 13 Jun 2024.
- Balance Sheet
Valuedrive Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Recent News, Updates & Announcement
- SAIF Partners, Accel Partners lead $13.2M Series A funding round in Spinny.
The car retailing platform plans to use proceeds to expand team, building infrastructure and entering new cities.
- Spinny raises funds from Blume, Angels.
The used car market is estimated to be valued at about $15 billion and is growing at 20-22 per cent CAGR. More than 40 lakh cars are exchanged every year..
Frequently asked questions
What is the Incorporation or founding date of Valuedrive Technologies Private Limited?
Valuedrive Technologies Private Limited was incorporated on 11 Jan 2019.
What is authorized share capital and paid-up capital of Valuedrive Technologies Private Limited?
The authorized share capital of Valuedrive Technologies Private Limited is ₹ 61.37 Cr and paid-up capital is ₹ 47.35 Cr.
Who are the current board members & directors of Valuedrive Technologies Private Limited?
Currently 7 directors are associated with Valuedrive Technologies Private Limited.
- Ashish Kumar
- Mukul Arora
- Niraj Singh
- Anand Daniel
- Ramanshu Mahaur
- Mohit Gupta
- Sonal Sharma
What is the registered address of Valuedrive Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Valuedrive Technologies Private Limited is 8Th Floor Tower A Capital Business Park Sohna Road Sector 48 India, Gurgaon, Haryana, 122018.
What is the corporate identification number (CIN) and company number of Valuedrive Technologies Private Limited?
The corporate identification number (CIN) of Valuedrive Technologies Private Limited is U74999HR2019PTC077781 and the company number is 077781 as per Ministry of Corporate Affairs (MCA).
What is the official website of Valuedrive Technologies Private Limited?
The Official website of Valuedrive Technologies Private Limited is https://www.spinny.com
What has been the recent revenue trend for Valuedrive Technologies Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Valuedrive Technologies Private Limited has risen by 322.47%.
How many employees does Valuedrive Technologies Private Limited currently have?
As Per 2022 financial reports, 3992 employees are currently employed by Valuedrive Technologies Private Limited.
What change has been observed in the net worth of Valuedrive Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Valuedrive Technologies Private Limited has experienced an upsurge of 432.85%.
What are the total open charges for Valuedrive Technologies Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Valuedrive Technologies Private Limited amount to ₹ 975.00 Cr.
When was the last Balance Sheet of Valuedrive Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Valuedrive Technologies Private Limited was filed with the ROC on 31 Mar 2024.