DPIIT recognised startup Government of India
Startup India
Folkdrive India Private Limited
Folkdrive India Private Limited - professional services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.75 Lakh
▼ 24% YoY
Net loss · FY 2025
₹5.8 Lakh
Net margin -59.5%
EBITDA · FY 2025
-₹5.21 Lakh
EBITDA margin -53.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Folkdrive India Private Limited
Data last updated:
Folkdrive India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the taxation and compliance advisory segment of the professional services sector. It was incorporated on 28 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2020PTC141603. Its GSTIN is 29AAECF3447K1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sathyan Grama Sowmya Keshava Iyengar and Mavanur Srinivasranga Bharath.
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 No.8 12(3479) 1st Cross Gayathri Nagar C Block, Bangalore, Karnataka, India – 560021.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.75 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹5.8 Lakh (net margin -59.5%) and EBITDA of -₹5.21 Lakh (EBITDA margin -53.5%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
Folkdrive India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0044181).
Company details
CIN U74110KA2020PTC141603
Registration Number 141603
Incorporation Date 28 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0044181
CIN history
Folkdrive India has one previous CIN (Corporate Identification Number): U29308KA2020PTC141603. The current CIN is U74110KA2020PTC141603, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2020PTC141603 | Current |
| U29308KA2020PTC141603 | Previous |
Key People
Muniswamy Nagendrababu Additional Director Malur Srinidhi Deepak Additional Director Sathyan Grama Sowmya Keshava Iyengar Director Recognitions & Rankings of Folkdrive India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0044181
Contact details
Folkdrive India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.8 12(3479) 1st Cross Gayathri Nagar C Block, Bangalore, Karnataka, India – 560021
- IndustryProfessional Services, Tax Consultant, Accounting, Legal Services, Advocacy
To see the full contact details of Folkdrive India Private Limited, buy the company report.
Comprehensive company report
Folkdrive India 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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Business activity
The main business activity of Folkdrive India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Folkdrive India Private Limited, buy the company report.
Financials of Folkdrive India Private Limited
FY 2025 filings availableFolkdrive India Private Limited reported revenue of ₹9.75 Lakh (down 24% YoY) for FY 2025.
Revenue · FY 2025
₹9.75 Lakh ▼ 24%
Net loss · FY 2025
₹5.8 Lakh margin -59.5%
EBITDA · FY 2025
-₹5.21 Lakh margin -53.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 36%
EBITDA CAGR growth
3 years · compounded
▼ 9%
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 36%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.5% | ||||
| Net Profit Margin | -59.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Folkdrive India Private Limited, buy the company report.
Board of directors of Folkdrive India Private Limited
Folkdrive India has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muniswamy Nagendrababu Also directs: Nslogic Softwares Private Limited, Itverse Tech Private Limited | Additional Director | 05 Feb 2022 | 4 Years 9 Months | Current |
| Malur Srinidhi Deepak | Additional Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Sathyan Grama Sowmya Keshava Iyengar | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
| Mavanur Srinivasranga Bharath | Director | 28 Nov 2020 | 5 Years 11 Months | Current |
| Ashwathappa Mamatha | Director | 28 Nov 2020 | 5 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Folkdrive India 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 Folkdrive India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Folkdrive India Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Folkdrive India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF3447K1ZB | Karnataka | Active | 05 Jan 2021 |
To see the full GST registrations and return filing status of Folkdrive India Private Limited, buy the company report.
Recent activity
Folkdrive India Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Sathyan Grama Sowmya Keshava Iyengar was appointed as Director on 09 Aug 2024.
AGM
Folkdrive India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Folkdrive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Sathyan Grama Sowmya Keshava Iyengar was appointed as Director.
Appointed
Malur Srinidhi Deepak was appointed as Additional Director.
Appointed
Muniswamy Nagendrababu was appointed as Additional Director.
Appointed
Ashwathappa Mamatha was appointed as Director.
Appointed
Mavanur Srinivasranga Bharath was appointed as Director.
Incorporation
28 Nov 2020
Folkdrive India Private Limited was registered on 28 Nov 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.
Frequently asked questions
Folkdrive India is an active private limited company based in Bangalore, Karnataka, India. The company works in tax consultant, within the professional services industry. It was incorporated on 28 November 2020 (6+ years old) and is registered under CIN U74110KA2020PTC141603.
Folkdrive India has 5 current directors:
- Muniswamy Nagendrababu - Additional Director
- Malur Srinidhi Deepak - Additional Director
- Sathyan Grama Sowmya Keshava Iyengar - Director
- Mavanur Srinivasranga Bharath - Director
- Ashwathappa Mamatha - Director
The latest financial statements of Folkdrive India 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 2021 are in the company report.
The GSTIN of Folkdrive India is 29AAECF3447K1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Folkdrive India is U74110KA2020PTC141603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Folkdrive India was incorporated on 28 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Sathyan Grama Sowmya Keshava Iyengar was appointed as Director on 09 Aug 2024. Malur Srinidhi Deepak was appointed as Additional Director on 25 Feb 2022. Muniswamy Nagendrababu was appointed as Additional Director on 05 Feb 2022. Folkdrive India has 5 board changes on record in total.
Yes, Folkdrive India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Folkdrive India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0044181).
The registered office of Folkdrive India is at No.8 123479 1st Cross Gayathri Nagar C Block, Bangalore, Karnataka, India – 560021.
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