MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0049554
Dredgepro Solutions (India) Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹52.02 Lakh
▼ 70% YoY
Net loss · FY 2023
₹7.59 Lakh
Net margin -14.6%
EBITDA · FY 2023
₹2.64 Lakh
EBITDA margin 5.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.12 Lakh
Issued & subscribed
Open charges
₹1.17 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
3
Provident fund records
About Dredgepro Solutions (India) Private Limited
Data last updated:
Dredgepro Solutions (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 04 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2010PTC052769. Its GSTIN is 29AADCD3584A1ZT (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.12 Lakh. It is led by directors including Rajesh Malhotra (Managing Director) and Sudesh Laxminarayan Honnavalli.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹52.02 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹7.59 Lakh (net margin -14.6%) and EBITDA of ₹2.64 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over five years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1.17 Cr on record.
Dredgepro Solutions (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0049554). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dredgingsolutions.net.
Company details
CIN U93000KA2010PTC052769
Registration Number 052769
Incorporation Date 04 March 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0049554
Key People
Rajesh Malhotra Managing Director Sudesh Laxminarayan Honnavalli Director Chaya Sudesh Director Recognitions & Rankings of Dredgepro Solutions (India)
Contact details
Dredgepro Solutions (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is dredgingsolutions.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOmsrikrishna 39 3rd Floor 38th A Cross, 2nd Main Road 8th Block Jayanagar, Bangalore, Karnataka, India – 560070
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Dredgepro Solutions (India) Private Limited, buy the company report.
Comprehensive company report
Dredgepro Solutions (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 Dredgepro Solutions (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Dredgepro Solutions (India) Private Limited, buy the company report.
Financials of Dredgepro Solutions (India) Private Limited
FY 2023 filings availableDredgepro Solutions (India) Private Limited reported revenue of ₹52.02 Lakh (down 70% YoY) for FY 2023.
Revenue · FY 2023
₹52.02 Lakh ▼ 70%
Net loss · FY 2023
₹7.59 Lakh margin -14.6%
EBITDA · FY 2023
₹2.64 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 94%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 70% fall in the latest year. EBITDA fell 94% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.64 Lakh | ||||
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| Net Profit (PAT) | -₹7.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | -14.6% | ||||
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To see the full financial statements and ratios of Dredgepro Solutions (India) Private Limited, buy the company report.
Board of directors of Dredgepro Solutions (India) Private Limited
Dredgepro Solutions (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudesh Laxminarayan Honnavalli Also directs: DS Hytech India Private Limited | Director | 04 Mar 2010 | 16 Years 7 Months | Current |
| Chaya Sudesh | Director | 04 Mar 2010 | 16 Years 7 Months | Current |
| Krishna Malhotra | Director | 04 Mar 2010 | 16 Years 7 Months | Current |
| Rajesh Malhotra Also directs: DS Hytech India Private Limited | Managing Director | 04 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Dredgepro Solutions (India) Private Limited is audited by BADAMI & KAMATH for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BADAMI & KAMATH | FY 2019 | 006069S |
Shareholding
The shareholding of Dredgepro Solutions (India) Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dredgepro Solutions (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2013 | 10471136 | Others | ₹1.17 Cr | Open |
To see the full charge records of Dredgepro Solutions (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Dredgepro Solutions (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 Dredgepro Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dredgepro Solutions (India) has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| DS Hytech India Private Limited | U74900KA2013PTC071669 |
To see the full group structure of Dredgepro Solutions (India) Private Limited, buy the company report.
Employees & EPFO
Dredgepro Solutions (India) Private Limited has a workforce of 3 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Dredgepro Solutions (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCD3584A1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dredgepro Solutions (India) Private Limited, buy the company report.
Recent activity
Dredgepro Solutions (India) Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Rajesh Malhotra ceased to be Director on 05 Dec 2011.
AGM
Dredgepro Solutions (India) Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
Filing
Dredgepro Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others of Rs. 117.00 Lakh registered on 27 Nov 2013 with Charge ID 10471136 was modified on 26 Mar 2019.
Charges
A charge with Others amounted to Rs. 117.00 Lakh with Charge ID 10471136 was registered on 27 Nov 2013.
Ceased
Rajesh Malhotra ceased to be Director.
Appointed
Chaya Sudesh was appointed as Director.
Appointed
Krishna Malhotra was appointed as Director.
Appointed
Rajesh Malhotra was appointed as Managing Director.
Appointed
Sudesh Laxminarayan Honnavalli was appointed as Director.
Incorporation
04 Mar 2010
Dredgepro Solutions (India) Private Limited was registered on 04 Mar 2010 with Roc Bangalore & aged 16 years 7 months as per MCA records.
Frequently asked questions
Dredgepro Solutions (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 04 March 2010 (16+ years old) and is registered under CIN U93000KA2010PTC052769.
Dredgepro Solutions (India) has 4 current directors:
- Rajesh Malhotra - Managing Director
- Sudesh Laxminarayan Honnavalli - Director
- Chaya Sudesh - Director
- Krishna Malhotra - Director
The latest financial statements of Dredgepro Solutions (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Dredgepro Solutions (India) is 29AADCD3584A1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Dredgepro Solutions (India) is U93000KA2010PTC052769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dredgepro Solutions (India) was incorporated on 04 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajesh Malhotra ceased to be Director on 05 Dec 2011. Chaya Sudesh was appointed as Director on 04 Mar 2010. Krishna Malhotra was appointed as Director on 04 Mar 2010. Dredgepro Solutions (India) has 5 board changes on record in total.
Yes, Dredgepro Solutions (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0049554).
Dredgepro Solutions (India) can be reached through the website dredgingsolutions.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Dredgepro Solutions (India) is at Omsrikrishna 39 3rd Floor 38th A Cross, 2nd Main Road 8th Block Jayanagar, Bangalore, Karnataka, India – 560070.