MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-28-0004429
Drovenue Technologies Private Limited - information technology in Sambalpur, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.26 Lakh
▼ 59% YoY
Net loss · FY 2023
₹8.58 Lakh
Net margin -379.5%
EBITDA · FY 2023
-₹7.36 Lakh
EBITDA margin -325.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Drovenue Technologies Private Limited
Data last updated:
Drovenue Technologies Private Limited is a private limited company based in Sambalpur, Odisha, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52609OR2019PTC031572. Its GSTIN is 21AAHCD4018R1ZJ (Odisha).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Kalpana Patra and Ankit Kumar Patra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Sarojini Patra Plot No 887/1002 & 890/1003 Ambira Nagar Aithapali, Sambalpur, Odisha, India – 768004.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.26 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹8.58 Lakh (net margin -379.5%) and EBITDA of -₹7.36 Lakh (EBITDA margin -325.2%). Revenue has grown at a compounded annual rate (CAGR) of 254% over three years.
Drovenue Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-28-0004429). For more details, the company can be reached via its website drovenue.com.
Company Details of Drovenue Technologies Private Limited
CIN U52609OR2019PTC031572
Registration Number 031572
Incorporation Date 27 August 2019
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-OD-28-0004429
Key People
Kalpana Patra Director Ankit Kumar Patra Director Recognitions & Rankings of Drovenue Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/O Sarojini Patra Plot No 887/1002 & 890/1003 Ambira Nagar Aithapali, Sambalpur, Odisha, India – 768004
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Drovenue Technologies Private Limited
The main business activity of Drovenue Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Drovenue Technologies Private Limited FY 2024 filings available
Drovenue Technologies Private Limited reported revenue of ₹2.26 Lakh (down 59% YoY) for FY 2023.
Revenue · FY 2023
₹2.26 Lakh ▼ 59%
Net loss · FY 2023
₹8.58 Lakh margin -379.5%
EBITDA · FY 2023
-₹7.36 Lakh margin -325.2%
Compounded Annual Growth Rate (CAGR) of Drovenue Technologies Private Limited
Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▲ 254%
Revenue fell 59% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 254%. 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 of Drovenue Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.26 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹7.36 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.58 Lakh | •••• | •••• | •••• |
| 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 of Drovenue Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -325.2% | •••• | •••• | •••• |
| Net Profit Margin | -379.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Drovenue Technologies are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Drovenue Technologies Private Limited
Drovenue Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpana Patra | Director | 27 Aug 2019 | 7 Years 1 Months | Current |
| Ankit Kumar Patra Also directs: Plannit by Tribesinc Private Limited | Director | 27 Aug 2019 | 7 Years 1 Months | Current |
Auditor Details of Drovenue Technologies Private Limited
Drovenue Technologies Private Limited is audited by DURGA KRISHNAMURTHI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHI & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Drovenue Technologies Private Limited
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Charges & Borrowings of Drovenue Technologies Private Limited
Drovenue Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Drovenue Technologies Private Limited
Employment history and EPFO contributions of people linked to Drovenue Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Drovenue Technologies Private Limited
Drovenue Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ankit Kumar Patra was appointed as Director on 27 Aug 2019.
AGM
Drovenue Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Drovenue Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Appointed
Ankit Kumar Patra was appointed as Director.
Appointed
Kalpana Patra was appointed as Director.
Incorporation
27 Aug 2019
Drovenue Technologies Private Limited was registered on 27 Aug 2019 with Roc Cuttack & aged 7 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Drovenue Technologies Private Limited
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MSME Payment Delays by Drovenue Technologies Private Limited
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Subsidiaries & Group Companies of Drovenue Technologies Private Limited
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GST Compliance of Drovenue Technologies Private Limited
Drovenue Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCD4018R1ZJ | Odisha | Active | 11 Sep 2019 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Drovenue Technologies Private Limited
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Frequently Asked Questions about Drovenue Technologies Private Limited
Drovenue Technologies is an active private limited company based in Sambalpur, Odisha, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 August 2019 (7+ years old) and is registered under CIN U52609OR2019PTC031572.
Drovenue Technologies reported revenue of ₹2.26 Lakh for FY 2023 (down 59% YoY).
Drovenue Technologies has 2 current directors:
- Kalpana Patra - Director
- Ankit Kumar Patra - Director
Drovenue Technologies reported a net loss of ₹8.58 Lakh (net margin -379.5%) and EBITDA of -₹7.36 Lakh (EBITDA margin -325.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drovenue Technologies is 254% over three years. In the latest year (FY 2023) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Drovenue Technologies is 21AAHCD4018R1ZJ, registered in Odisha.
The CIN (Corporate Identification Number) of Drovenue Technologies is U52609OR2019PTC031572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drovenue Technologies was incorporated on 27 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
Ankit Kumar Patra was appointed as Director on 27 Aug 2019. Kalpana Patra was appointed as Director on 27 Aug 2019.
Yes, Drovenue Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-28-0004429).