DPIIT recognised startup Government of India
Startup India
Drife Technologies Private Limited
Drife Technologies Private Limited - transport and logistics in Durg, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.82 Cr
▼ 4% YoY
Net loss · FY 2024
₹52.36 Lakh
Net margin -28.7%
EBITDA · FY 2024
-₹47.73 Lakh
EBITDA margin -26.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹21.1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Drife Technologies Private Limited
Data last updated:
Drife Technologies Private Limited is a private limited company based in Durg, Chhattisgarh, India, recognised as a startup by DPIIT. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 02 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U74999CT2018PTC008635. Its GSTIN is 29AAGCD7574H1Z6 (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.1 Lakh. It is led by directors Firdosh Sheikh and Nasim Begum.
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 Ward No – 13 Church Road Banbarad Village Po Nandini Dhamdha, Durg, Chhattisgarh, India – 490036.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.82 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹52.36 Lakh (net margin -28.7%) and EBITDA of -₹47.73 Lakh (EBITDA margin -26.2%).
The company is associated with 1 brand: Drife. Court records list 3 cases involving the company, including 3 filed against it.
Drife Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0226109).
Company Details of Drife Technologies Private Limited
CIN U74999CT2018PTC008635
Registration Number 008635
Incorporation Date 02 July 2018
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0226109
Key People
Firdosh Sheikh Director Nasim Begum Director Recognitions & Rankings of Drife Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0226109
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressWard No – 13 Church Road Banbarad Village Po Nandini Dhamdha, Durg, Chhattisgarh, India – 490036
- IndustryTransport and Logistics, Ride-Hailing Services
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Business Activity of Drife Technologies Private Limited
The main business activity of Drife Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Drife Technologies Private Limited FY 2024 filings available
Drife Technologies Private Limited reported revenue of ₹1.82 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹1.82 Cr ▼ 4%
Net loss · FY 2024
₹52.36 Lakh margin -28.7%
EBITDA · FY 2024
-₹47.73 Lakh margin -26.2%
Compounded Annual Growth Rate (CAGR) of Drife Technologies Private Limited
Revenue CAGR growth
1 year
▼ 4%
EBITDA CAGR growth
1 year
▲ 91%
3 years · compounded
▼ 14%
5 years · compounded
▼ 23%
Revenue fell 4% in the latest year. EBITDA rose 91% 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 of Drife Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹47.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹52.36 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 of Drife Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Drife Technologies are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Drife Technologies Private Limited
Drife Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Firdosh Sheikh Also directs: Drife Cabs Private Limited | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
| Nasim Begum Also directs: Drife Cabs Private Limited, Yara Mobility Private Limited | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Drife Technologies Private Limited
Drife Technologies Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smart Cargo Movers Private Limited | ₹1.87 Cr (FY 2022) | •••• | •••• | -83.0% | •••• | Ponda, Goa, India |
| Amdelaa Mobility Services Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | 193.0% | •••• | Ernakulam, Kerala, India |
| Poornima Tourisum Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | 340.0% | •••• | Delhi, India |
| Carevee Logistics Solutions Private Limited | ₹1.84 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Hyderabad, Telangana, India |
| Ambey Nistha Automotives Private Limited | ₹1.83 Cr (FY 2018) | •••• | •••• | •••• | Patna, Bihar, India | |
| Drife Technologies Private Limited this company | ₹1.82 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Durg, Chhattisgarh, India |
| Akb Ventures Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | -93.0% | •••• | New Delhi, Delhi, India |
| Ishta Mobility India Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bengaluru, Karnataka, India |
| Rajdhani Entire Car Hire Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| H2h Intercity Solutions Private Limited | ₹1.81 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Gurgaon, Haryana, India |
| Tazzo Technologies Private Limited | ₹1.8 Cr (FY 2017) | •••• | •••• | 37071.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Drife Technologies by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Drife Technologies Private Limited
Drife Technologies Private Limited is audited by V G J & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V G J & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Drife Technologies Private Limited
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Charges & Borrowings of Drife Technologies Private Limited
Drife Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Drife Technologies Private Limited
Drife Technologies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Web Geo Services India Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Hupp Technologies Private Limited | Disposed |
| District court, Durg, Chhattisgarh | Civil suit | Filed against the company by an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Drife Technologies Private Limited
Drife Technologies Private Limited has a workforce of 0 employees as of Apr 05, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Drife Technologies Private Limited
Drife Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Firdosh Sheikh was appointed as Director on 02 Jul 2018.
AGM
Drife Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Drife Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Appointed
Firdosh Sheikh was appointed as Director.
Appointed
Nasim Begum was appointed as Director.
Incorporation
02 Jul 2018
Drife Technologies Private Limited was registered on 02 Jul 2018 with Roc Chhattisgarh & aged 8 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Drife Technologies Private Limited
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MSME Payment Delays by Drife Technologies Private Limited
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Subsidiaries & Group Companies of Drife Technologies Private Limited
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GST Compliance of Drife Technologies Private Limited
Drife Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD7574H1Z6 | Karnataka | Active | 16 Aug 2019 |
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MCA Filings & Documents of Drife Technologies Private Limited
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Frequently Asked Questions about Drife Technologies Private Limited
Drife Technologies is an active private limited company based in Durg, Chhattisgarh, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 02 July 2018 (8+ years old) and is registered under CIN U74999CT2018PTC008635.
Drife Technologies reported revenue of ₹1.82 Cr for FY 2024 (down 4% YoY).
Drife Technologies has 2 current directors:
- Firdosh Sheikh - Director
- Nasim Begum - Director
Drife Technologies reported a net loss of ₹52.36 Lakh (net margin -28.7%) and EBITDA of -₹47.73 Lakh (EBITDA margin -26.2%) for FY 2024, as per its filed financial statements.
The GSTIN of Drife Technologies is 29AAGCD7574H1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Drife Technologies is U74999CT2018PTC008635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drife Technologies has 3 court cases on record: 3 filed against it.
Drife Technologies was incorporated on 02 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Drife Technologies by revenue are Smart Cargo Movers Private Limited, Amdelaa Mobility Services Private Limited, Poornima Tourisum Private Limited, Carevee Logistics Solutions Private Limited, Ambey Nistha Automotives Private Limited and 5 more, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services).
Firdosh Sheikh was appointed as Director on 02 Jul 2018. Nasim Begum was appointed as Director on 02 Jul 2018.
Yes, Drife Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).