- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0491506

About Avd Drives Private Limited
Data last updated:
Avd Drives Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 16 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC166450. Its GSTIN is 27AAOCA7881L1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deeksha Bhardwaj and Ashok Kumar Bhardwaj.
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 103 1st Floor Nche Faade New Airport Road Viman Nagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.05 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹16.12 Lakh (net margin 2.7%) and EBITDA of ₹92.1 Lakh (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 14% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AVD Drives. As per MCA filings, the company has open charges of ₹1.67 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 1 case is pending.
Avd Drives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0491506). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avddrives.in.
Company details
Recognitions & Rankings of Avd Drives
Contact details
Avd Drives Private Limited's registered office is in Pune, Maharashtra. Its website is avddrives.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address103 1st Floor Nche Faade New Airport Road Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Avd Drives 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
Avd Drives operates one associated brand: AVD Drives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Car rental and travel services with a focus on holidays and tours in India. | avddrives.in |
Business activity
The main business activity of Avd Drives is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Avd Drives Private Limited, buy the company report.
Financials of Avd Drives Private Limited
FY 2025 filings availableAvd Drives Private Limited reported revenue of ₹6.05 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 20% growth in the latest year. EBITDA rose 30% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹92.1 Lakh | ||||
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| Net Profit (PAT) | ₹16.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Avd Drives Private Limited, buy the company report.
Board of directors of Avd Drives Private Limited
Avd Drives has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deeksha Bhardwaj | Director | 16 Sep 2016 | 10 Years 1 Months | Current |
| Ashok Kumar Bhardwaj | Director | 30 Jul 2023 | 3 Years 2 Months | Current |
Auditor
Avd Drives Private Limited is audited by ROHIT CHHABRA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT CHHABRA & ASSOCIATES | FY 2022 | 031368N |
Shareholding
The shareholding of Avd Drives Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avd Drives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101040678 | Others | ₹5 Lakh | Open | |
| 19 Mar 2024 | 100917821 | Others | ₹18 Lakh | Open | |
| 22 Feb 2024 | 100904395 | Others | ₹18 Lakh | Open | |
| 24 Aug 2023 | 100815402 | Others | ₹18 Lakh | Open | |
| 24 Aug 2023 | 100815413 | Others | ₹59.55 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Avd Drives Private Limited has 13 court cases on record: 13 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by M/S Toyota Financial Services India Ltd. | Pending |
| District court, Sonepat, Haryana | Execution petition | Filed against the company by M/S HDFC Bank Ltd. | Disposed |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by Toyota Financial Services India Ltd | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by M/S Toyota Financial Services India Ltd. | Disposed |
| District court, Shahdara, Delhi | Court case (OMP (I) (COMM)) | Filed against the company by Toyota Financial Services India Ltd | Disposed |
To see the full case history of Avd Drives Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avd Drives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avd Drives Private Limited has a workforce of 24 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Avd Drives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCA7881L1ZU | Maharashtra | Active | 25 Sep 2017 |
To see the full GST registrations and return filing status of Avd Drives Private Limited, buy the company report.
Recent activity
Avd Drives Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Amit Bhardwaj ceased to be Director on 30 Jul 2023.
4 earlier events are in the company report.
Frequently asked questions
Avd Drives is an active private limited company based in Pune, Maharashtra, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 16 September 2016 (10+ years old) and is registered under CIN U74999PN2016PTC166450.
Avd Drives has 2 current directors:
- Deeksha Bhardwaj - Director
- Ashok Kumar Bhardwaj - Director
The latest financial statements of Avd Drives 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 2017 are in the company report.
The GSTIN of Avd Drives is 27AAOCA7881L1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avd Drives is U74999PN2016PTC166450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avd Drives has 13 court cases on record: 13 filed against it. 1 is pending.
Avd Drives was incorporated on 16 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Amit Bhardwaj ceased to be Director on 30 Jul 2023. Ashok Kumar Bhardwaj was appointed as Director on 30 Jul 2023. Vimal Bhardwaj ceased to be Director on 18 Feb 2019. Avd Drives has 6 board changes on record in total.
Yes, Avd Drives is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0491506).
Avd Drives can be reached through the website avddrives.in. Its registered office is in Pune, Maharashtra, India.