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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
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
Drife Technologies Private Limited's registered office is in Durg, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWard No – 13 Church Road Banbarad Village Po Nandini Dhamdha, Durg, Chhattisgarh, India – 490036
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Drife Technologies Private Limited, buy the company report.
Comprehensive company report
Drife Technologies 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 Drife Technologies 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 Drife Technologies Private Limited, buy the company report.
Financials of Drife Technologies Private Limited
FY 2024 filings availableDrife 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹47.73 Lakh | ||||
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| Net Profit (PAT) | -₹52.36 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | -26.2% | ||||
| Net Profit Margin | -28.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Drife Technologies Private Limited, buy the company report.
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 |
Auditor
Drife Technologies Private Limited is audited by V G J & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V G J & ASSOCIATES | FY 2021 | 023431N |
Shareholding
The shareholding of Drife Technologies Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Drife Technologies Private Limited, buy the company report.
Legal cases
Drife Technologies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
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 Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Hupp Technologies Pvt Ltd. Through Director Mr. Jigar Tank | Disposed |
| District court, Durg, Chhattisgarh | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Drife Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Drife Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Drife Technologies Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Drife Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD7574H1Z6 | Karnataka | Active | 16 Aug 2019 |
To see the full GST registrations and return filing status of Drife Technologies Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Firdosh Sheikh - Director
- Nasim Begum - Director
The latest financial statements of Drife Technologies 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 2019 are in the company report.
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.
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).
Yes, Drife Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0226109).