About Draup Business Solutions Private Limited
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Draup Business Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Draup Inc, Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC146554. Its GSTIN is 29AAICD4447K1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Pari Natarajan and Amareshnarayan Ramaswamy.
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 64 Bsr Arcade Koramangala Industrial Layout Jyothi Niwas College Road, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.68 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹6.35 Cr (net margin 8%) and EBITDA of ₹10.12 Cr (EBITDA margin 12.7%).
The company has about 260 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Draup.
For more details, the company can be reached via its website draup.com.
Company details
Contact details
Draup Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is draup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address64 Bsr Arcade Koramangala Industrial Layout Jyothi Niwas College Road, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Draup Business Solutions 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 Draup Business Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Draup Business Solutions Private Limited, buy the company report.
Financials of Draup Business Solutions Private Limited
FY 2024 filings availableDraup Business Solutions Private Limited reported revenue of ₹79.68 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹10.12 Cr | ||
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| Net Profit (PAT) | ₹6.35 Cr | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 12.7% | ||
| Net Profit Margin | 8% | ||
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To see the full financial statements and ratios of Draup Business Solutions Private Limited, buy the company report.
Board of directors of Draup Business Solutions Private Limited
Draup Business Solutions has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pari Natarajan Also directs: Zinnov Management Consulting Private Limited | Director | 14 Apr 2021 | 5 Years 6 Months | Current |
| Amareshnarayan Ramaswamy | Director | 08 Apr 2022 | 4 Years 6 Months | Current |
| Vijaya Swaminathan Kumar Also directs: Zinnov Management Consulting Private Limited | Director | 14 Apr 2021 | 5 Years 6 Months | Current |
| Shweta Rani Also directs: Zinnov Management Consulting Private Limited | Director | 22 Aug 2024 | 2 Years 2 Months | Current |
| Vamsee Kumar Tirukkala Also directs: Zinnov Management Consulting Private Limited | Director | 14 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Draup Business Solutions Private Limited is audited by PRASAD & KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD & KUMAR | FY 2023 | 005837S |
Shareholding
The shareholding of Draup Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Draup Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Draup Business Solutions 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 Draup Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Draup Business Solutions Private Limited has a workforce of 260 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Draup Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICD4447K1Z7 | Karnataka | Active | 02 Sep 2021 |
To see the full GST registrations and return filing status of Draup Business Solutions Private Limited, buy the company report.
Recent activity
Draup Business Solutions Private Limited has 5 board changes on record since 2021: 5 appointments. The latest: Shweta Rani was appointed as Director on 22 Aug 2024.
News
Frequently asked questions
Draup Business Solutions is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 April 2021 (5+ years old) and is registered under CIN U72900KA2021FTC146554.
Draup Business Solutions has 5 current directors:
- Pari Natarajan - Director
- Amareshnarayan Ramaswamy - Director
- Vijaya Swaminathan Kumar - Director
- Shweta Rani - Director
- Vamsee Kumar Tirukkala - Director
The latest financial statements of Draup Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Draup Business Solutions is 29AAICD4447K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Draup Business Solutions is U72900KA2021FTC146554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Draup Business Solutions was incorporated on 14 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Shweta Rani was appointed as Director on 22 Aug 2024. Amareshnarayan Ramaswamy was appointed as Director on 08 Apr 2022. Pari Natarajan was appointed as Director on 14 Apr 2021. Draup Business Solutions has 5 board changes on record in total.
Draup Business Solutions can be reached through the website draup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Draup Business Solutions is at 64 Bsr Arcade Koramangala Industrial Layout Jyothi Niwas College Road, Bangalore, Karnataka, India – 560095.
Draup Business Solutions operates in the information technology industry, in the application development and software solutions segment.
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