Ciao Rides Private Limited
About Ciao Rides Private Limited
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Ciao Rides Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 28 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC109368. Its GSTIN is 37AAHCC7678J1ZZ (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prakash Kumar Dasari and Rajesh Kumar Kanakavalli.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.201 D No.48 – 16 – 11K Near Kesineni Ofc Mahanadu Road Ganesh Nagar Gunadala, Vijayawada, Andhra Pradesh, India – 520008.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.39 Lakh. For the same year it recorded a net loss of ₹4.24 Lakh (net margin -305.8%) and EBITDA of -₹4.15 Lakh (EBITDA margin -299.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company is associated with 1 brand: CIAO Rides.
Company details
Contact details
Ciao Rides Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.201 D No.48 – 16 – 11K Near Kesineni Ofc Mahanadu Road Ganesh Nagar Gunadala, Vijayawada, Andhra Pradesh, India – 520008
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Ciao Rides Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ciao Rides operates one associated brand: CIAO Rides. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ride-sharing app for car and bike pooling in cities and outstations. | ciaorides.com |
Financials of Ciao Rides Private Limited
FY 2025 filings availableCiao Rides Private Limited reported revenue of ₹1.39 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. EBITDA rose 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.15 Lakh | ||||
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| Net Profit (PAT) | -₹4.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -299.2% | ||||
| Net Profit Margin | -305.8% | ||||
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To see the full financial statements and ratios of Ciao Rides Private Limited, buy the company report.
Board of directors of Ciao Rides Private Limited
Ciao Rides has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Kumar Dasari | Director | 28 Sep 2018 | 8 Years 0 Months | Current |
| Rajesh Kumar Kanakavalli | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Dheeraja Bandela | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Chinni Vazram Kanakavalli | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Sai Tulasi Movva | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Annapurna Dasari | Director | 28 Sep 2018 | 8 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Ciao Rides Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ciao Rides Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ciao Rides has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCC7678J1ZZ | Andhra Pradesh | Active | 29 Oct 2019 |
To see the full GST registrations and return filing status of Ciao Rides Private Limited, buy the company report.
Recent activity
Ciao Rides Private Limited has 6 board changes on record since 2018: 6 appointments. The latest: Chinni Vazram Kanakavalli was appointed as Director on 08 Dec 2022.
Frequently asked questions
Ciao Rides is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in other services, within the business services industry. It was incorporated on 28 September 2018 (8+ years old) and is registered under CIN U74999AP2018PTC109368.
Ciao Rides has 6 current directors:
- Prakash Kumar Dasari - Director
- Rajesh Kumar Kanakavalli - Director
- Dheeraja Bandela - Director
- Chinni Vazram Kanakavalli - Director
- Sai Tulasi Movva - Director
- Annapurna Dasari - Director
The latest financial statements of Ciao Rides on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ciao Rides is 37AAHCC7678J1ZZ, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Ciao Rides is U74999AP2018PTC109368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciao Rides was incorporated on 28 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Chinni Vazram Kanakavalli was appointed as Director on 08 Dec 2022. Dheeraja Bandela was appointed as Director on 08 Dec 2022. Rajesh Kumar Kanakavalli was appointed as Director on 08 Dec 2022. Ciao Rides has 6 board changes on record in total.
The registered office of Ciao Rides is at Plot No.201 D No.48 – 16 – 11K Near Kesineni Ofc Mahanadu Road Ganesh Nagar Gunadala, Vijayawada, Andhra Pradesh, India – 520008.
Ciao Rides operates in the business services industry, in the other services segment.
Ciao Rides has 1 associated brand: Ciao Rides.