About Divote Private Limited
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Divote Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the repair and overhaul segment of the transport and logistics sector. It was incorporated on 22 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC118763.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sundaram Shrinath and Sudatta Mukherjee.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.1 Madhans No.8/15 5th Main Road Kasthuri Bai Nagar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹10 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,256 (net margin -0.1%) and EBITDA of ₹14,892 (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divote.in.
Company details
Contact details
Divote Private Limited's registered office is in Chennai, Tamil Nadu. Its website is divote.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No.1 Madhans No.8/15 5th Main Road Kasthuri Bai Nagar, Chennai, Tamil Nadu, India – 600020
- IndustryTransport and Logistics, Repair & Overhaul, Aircraft Maintenance
To see the full contact details of Divote 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
Business activity
The main business activity of Divote is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Divote Private Limited, buy the company report.
Financials of Divote Private Limited
FY 2024 filings availableDivote Private Limited reported revenue of ₹10 Lakh (up 426% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 426% growth in the latest year. EBITDA fell 87% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14,892 | ||||
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| Net Profit (PAT) | -₹1,256 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Divote Private Limited, buy the company report.
Board of directors of Divote Private Limited
Divote has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundaram Shrinath Also directs: Reynydat Private Limited | Director | 22 Sep 2017 | 9 Years 1 Months | Current |
| Sudharsanan Jayaraman Also directs: Vivartana Ventures India Private Limited | Additional Director | 21 Nov 2018 | 7 Years 11 Months | Current |
| Sudatta Mukherjee Also directs: Reynydat Private Limited | Director | 21 Nov 2018 | 7 Years 11 Months | Current |
Shareholding
The shareholding of Divote 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 Divote Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Divote 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 Divote 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 Divote Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Divote Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sriram Ranganathan ceased to be Director on 04 Apr 2023.
Frequently asked questions
Divote is an active private limited company based in Chennai, Tamil Nadu, India. The company works in repair and overhaul, within the transport and logistics industry. It was incorporated on 22 September 2017 (9+ years old) and is registered under CIN U74999TN2017PTC118763.
Divote has 3 current directors:
- Sundaram Shrinath - Director
- Sudharsanan Jayaraman - Additional Director
- Sudatta Mukherjee - Director
The latest financial statements of Divote on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Divote is U74999TN2017PTC118763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divote was incorporated on 22 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Sriram Ranganathan ceased to be Director on 04 Apr 2023. Sudatta Mukherjee was appointed as Director on 21 Nov 2018. Sudharsanan Jayaraman was appointed as Additional Director on 21 Nov 2018. Divote has 4 board changes on record in total.
Divote can be reached through the website divote.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Divote is at Flat No.1 Madhans No.815 5th Main Road Kasthuri Bai Nagar, Chennai, Tamil Nadu, India – 600020.
Divote operates in the transport and logistics industry, in the repair and overhaul segment.
The compliance status of Divote is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.