Driveverse Technologies Private Limited

Driveverse Technologies Private Limited - construction in Markapur, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U45403AP2023PTC110987 Incorporated 29 April 2023 ROC Vijayawada HQ Markapur, Andhra Pradesh, India
Active Private Limited Company construction MSME · Micro
Revenue · FY 2024
₹1.75 Lakh
Latest filing
Net loss · FY 2024
₹40,310
Net margin -23%
EBITDA · FY 2024
-₹40,310
EBITDA margin -23%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Driveverse Technologies Private Limited

Data last updated:

Driveverse Technologies Private Limited is a private limited company based in Markapur, Andhra Pradesh, India. It operates in the building construction segment of the construction sector. It was incorporated on 29 April 2023.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45403AP2023PTC110987.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹10,000. It is led by directors Srinivasareddy Tangirala and Venkata Gopal Reddy Tangirala.

Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Markapur, Andhra Pradesh.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Lakh. For the same year it recorded a net loss of ₹40,310 (net margin -23%) and EBITDA of -₹40,310 (EBITDA margin -23%).

The company is associated with 1 brand: AwtoBazar.

Driveverse Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-13-0024838).

Company details

CIN U45403AP2023PTC110987
Registration Number 110987
Incorporation Date 29 April 2023
ROC Vijayawada
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-AP-13-0024838

Recognitions & Rankings of Driveverse Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-AP-13-0024838

Contact details

Driveverse Technologies Private Limited's registered office is in Markapur, Andhra Pradesh.

  • Registered Address
    Sf No.228 10th Ward Rto, Officerd Jawahar Ngr Clny, Markapur, Andhra Pradesh, India – 523316
  • Industry
    Construction, Building Construction
Comprehensive company report
Driveverse Technologies Private Limited - one report that includes everything
  • 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
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Brands

Driveverse Technologies operates one associated brand: AwtoBazar. Each brand links to its own profile.

BrandDescriptionWebsite
Online marketplace for purchasing new bikes, cars, scooters, and electric vehicles.awtobazar.in

Business activity

The main business activity of Driveverse Technologies is support service to organizations. In detail, this covers housekeeping & maintenance service.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN5Housekeeping & maintenance service

To see the full business activity and turnover split of Driveverse Technologies Private Limited, buy the company report.

Financials of Driveverse Technologies Private Limited

FY 2024 filings available

Driveverse Technologies Private Limited reported revenue of ₹1.75 Lakh for FY 2024.

Revenue · FY 2024
₹1.75 Lakh
Net loss · FY 2024
₹40,310 margin -23%
EBITDA · FY 2024
-₹40,310 margin -23%

Financial Statement Summary

MetricsFY 2023-24
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹40,310
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹40,310
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24
Profitability
EBITDA Margin-23%
Net Profit Margin-23%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Driveverse Technologies Private Limited, buy the company report.

Board of directors of Driveverse Technologies Private Limited

Driveverse Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Srinivasareddy TangiralaDirector29 Apr 20233 Years 6 MonthsCurrent
Venkata Gopal Reddy TangiralaDirector29 Apr 20233 Years 6 MonthsCurrent

Peer comparison

Driveverse Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (housekeeping & maintenance service), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ardee City Estate Management Private Limited₹1.89 Lakh (FY 2025)3.0%New Delhi, Delhi, India
Deploytag Security & Services Private Limited₹1.86 Lakh (FY 2021)Delhi, India
Nara Facilities Private Limited₹1.83 Lakh (FY 2024)-21.0%Delhi, India
Statt Investment & Services Pvt Ltd₹1.8 Lakh (FY 2024)0.0%Kolkata, West Bengal, India
Scotbay Enterprises Private Limited₹1.8 Lakh (FY 2020)-67.0%Mumbai, Maharashtra, India
Driveverse Technologies Private Limitedthis company₹1.75 Lakh (FY 2024)-₹40,310-23%Markapur, Andhra Pradesh, India
Shree Saptashrungi Facility Management Private Limited₹1.71 Lakh (FY 2017)Thane, Maharashtra, India
Rotex Commercial Pvt Ltd₹1.66 Lakh (FY 2018)17.0%Kolkata, West Bengal, India
Peoplekapital Consulting Private Limited₹1.66 Lakh (FY 2025)-85.0%Gurgaon, Haryana, India
Garaksha India Private Limited₹1.55 Lakh (FY 2019)-58.0%Chennai, Tamil Nadu, India
Enviro Infrafacility Private Limited₹1.51 Lakh (FY 2025)-99.0%Gurgaon, Haryana, India

To see the full peer comparison of Driveverse Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Driveverse Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Driveverse Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Driveverse Technologies Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Srinivasareddy Tangirala was appointed as Director on 29 Apr 2023.

AGM
Driveverse Technologies Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Filing
Driveverse Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Appointed
Srinivasareddy Tangirala was appointed as Director.
Appointed
Venkata Gopal Reddy Tangirala was appointed as Director.
Incorporation
29 Apr 2023
Driveverse Technologies Private Limited was registered on 29 Apr 2023 with Roc Vijayawada & aged 3 years 6 months as per MCA records.

Frequently asked questions

Driveverse Technologies is an active private limited company based in Markapur, Andhra Pradesh, India. The company works in building construction, within the construction industry. It was incorporated on 29 April 2023 (3+ years old) and is registered under CIN U45403AP2023PTC110987.

Driveverse Technologies has 2 current directors:

The latest financial statements of Driveverse Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Driveverse Technologies is U45403AP2023PTC110987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Driveverse Technologies was incorporated on 29 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Driveverse Technologies by revenue are Ardee City Estate Management Private Limited, Deploytag Security & Services Private Limited, Nara Facilities Private Limited, Statt Investment & Services Pvt Ltd, Scotbay Enterprises Private Limited and 5 more, all in the same principal business activity (housekeeping & maintenance service).

Srinivasareddy Tangirala was appointed as Director on 29 Apr 2023. Venkata Gopal Reddy Tangirala was appointed as Director on 29 Apr 2023.

Yes, Driveverse Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-13-0024838).

The registered office of Driveverse Technologies is at Sf No.228 10th Ward Rto, Officerd Jawahar Ngr Clny, Markapur, Andhra Pradesh, India – 523316.

Driveverse Technologies operates in the construction industry, in the building construction segment.

Driveverse Technologies has 1 associated brand: Awtobazar.