Best Rides Tech Solutions Private Limited

Best Rides Tech Solutions Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC129765 Incorporated 18 November 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2024
₹16,430
Latest filing
Net loss · FY 2024
₹18 Lakh
Latest filing
EBITDA · FY 2024
-₹18 Lakh
Latest filing
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41.51 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
3
GST registered

About Best Rides Tech Solutions Private Limited

Data last updated:

Best Rides Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 18 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC129765. Its GSTIN is 29AAICB7543C1ZN (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.51 Lakh. It is led by directors including Konatham Rajeswari and Vijayanadha Reddy Devireddy.

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 #677 1st Floor Suite No.329 27th Main Hsr Layout Sector 1, Bangalore, Karnataka, India – 560062.

As per the financials filed for FY 2024, the company reported a revenue of ₹16,430. For the same year it recorded a net loss of ₹18 Lakh and EBITDA of -₹18 Lakh.

Best Rides Tech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0267811). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999KA2019PTC129765
Registration Number 129765
Incorporation Date 18 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0267811

Recognitions & Rankings of Best Rides Tech Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0267811

Contact details

Best Rides Tech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    #677 1st Floor Suite No.329 27th Main Hsr Layout Sector 1, Bangalore, Karnataka, India – 560062
  • Industry
    Transport and Logistics, Ride-Hailing Services

To see the full contact details of Best Rides Tech Solutions Private Limited, buy the company report.

Comprehensive company report
Best Rides Tech Solutions 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 Best Rides Tech Solutions is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Best Rides Tech Solutions Private Limited, buy the company report.

Financials of Best Rides Tech Solutions Private Limited

FY 2025 filings available

Best Rides Tech Solutions Private Limited reported revenue of ₹16,430 for FY 2024.

Revenue · FY 2024
₹16,430
Net loss · FY 2024
₹18 Lakh
EBITDA · FY 2024
-₹18 Lakh

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Best Rides Tech Solutions Private Limited, buy the company report.

Board of directors of Best Rides Tech Solutions Private Limited

Best Rides Tech Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Konatham RajeswariDirector18 Nov 20196 Years 11 MonthsCurrent
Vijayanadha Reddy DevireddyDirector28 Jun 20215 Years 3 MonthsCurrent
JainelsonDirector23 Jan 20242 Years 9 MonthsCurrent

MSME payment delays

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

GST

Best Rides Tech Solutions has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AAICB7543C1ZNKarnatakaActive24 Dec 2019
36AAICB7543C1ZSTelanganaActive29 May 2020
37AAICB7543C1ZQAndhra PradeshActive25 Jul 2020

To see the full GST registrations and return filing status of Best Rides Tech Solutions Private Limited, buy the company report.

Recent activity

Best Rides Tech Solutions Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Jainelson was appointed as Director on 23 Jan 2024.

AGM
Best Rides Tech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Best Rides Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Jainelson was appointed as Director.
Ceased
Sanikommu Venkateswarlu ceased to be Director.
Ceased
Venkata Subbareddy Devireddy ceased to be Director.
Appointed
Vijayanadha Reddy Devireddy was appointed as Director.
Appointed
Konatham Rajeswari was appointed as Director.
Incorporation
18 Nov 2019
Best Rides Tech Solutions Private Limited was registered on 18 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.

Frequently asked questions

Best Rides Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 18 November 2019 (7+ years old) and is registered under CIN U74999KA2019PTC129765.

Best Rides Tech Solutions has 3 current directors:

The latest financial statements of Best Rides Tech Solutions 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 2020 are in the company report.

The GSTIN of Best Rides Tech Solutions is 29AAICB7543C1ZN, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AAICB7543C1ZS (Telangana), 37AAICB7543C1ZQ (Andhra Pradesh).

The CIN (Corporate Identification Number) of Best Rides Tech Solutions is U74999KA2019PTC129765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Best Rides Tech Solutions was incorporated on 18 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Jainelson was appointed as Director on 23 Jan 2024. Sanikommu Venkateswarlu ceased to be Director on 28 Jun 2021. Venkata Subbareddy Devireddy ceased to be Director on 28 Jun 2021. Best Rides Tech Solutions has 5 board changes on record in total.

Yes, Best Rides Tech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0267811).

The registered office of Best Rides Tech Solutions is at #677 1st Floor Suite No.329 27th Main Hsr Layout Sector 1, Bangalore, Karnataka, India – 560062.

Best Rides Tech Solutions operates in the transport and logistics industry, in the ride-hailing services segment.