Dripp Digital India Limited
About Dripp Digital India Limited
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Dripp Digital India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 07 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PLC271791. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Hiteshkumar Narottambhai Patel and Ashish Bhagwanbhai Prabhakar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 5th Floor Spectrum Tower Chincholi Bunder Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2019, the company reported a revenue of ₹74,107, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹3.79 Lakh and EBITDA of -₹1.29 Lakh (EBITDA margin -173.5%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dripp Digital India Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Floor Spectrum Tower Chincholi Bunder Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Dripp Digital India 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 Dripp Digital India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Dripp Digital India Limited, buy the company report.
Financials of Dripp Digital India Limited
FY 2019 filings availableDripp Digital India Limited reported revenue of ₹74,107 (down 80% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 80% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹1.29 Lakh | |||
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| Net Profit (PAT) | -₹3.79 Lakh | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | ||||
| EBITDA Margin | -173.5% | |||
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To see the full financial statements and ratios of Dripp Digital India Limited, buy the company report.
Board of directors of Dripp Digital India Limited
Dripp Digital India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Narottambhai Patel Also directs: Grassroot Exports Private Limited | Director | 07 Jan 2016 | 10 Years 9 Months | Current |
| Ashish Bhagwanbhai Prabhakar Also directs: Grassroot Exports Private Limited | Director | 27 Jul 2016 | 10 Years 3 Months | Current |
| Kailash Pravinbhai Patel Also directs: Grassroot Exports Private Limited | Director | 03 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Dripp Digital India Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lex Cled Private Limited | ₹74,561 (FY 2022) | 8.0% | Hyderabad, Telangana, India | |||
| Gyaan Sphere Private Limited | ₹74,500 (FY 2025) | 9.0% | Noida, Uttar Pradesh, India | |||
| Gubbins Private Limited | ₹74,298 (FY 2017) | Humnabad, Karnataka, India | ||||
| Gopalji Infocomm Private Limited | ₹74,250 (FY 2025) | -19.0% | Noida, Uttar Pradesh, India | |||
| Dripp Digital India Limitedthis company | ₹74,107 (FY 2019) | -₹3.79 Lakh | -80.0% | Mumbai, Maharashtra, India | ||
| Selleezy Solutions Private Limited | ₹74,100 (FY 2023) | Pune, Maharashtra, India | ||||
| Predictly Tech Labs Private Limited | ₹73,958 (FY 2023) | -66.0% | Bengaluru, Karnataka, India | |||
| Sadhguru Technology Solutions (OPC) Private Limited | ₹73,899 (FY 2019) | Pollachi, Tamil Nadu, India | ||||
| Saloonwala Technologies Private Limited | ₹73,737 (FY 2021) | Ulhasnagar, Maharashtra, India | ||||
| Trestlelinks Private Limited | ₹73,677 (FY 2023) | -95.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Dripp Digital India Limited, buy the company report.
Auditor
Dripp Digital India Limited is audited by L. J. KOTHARI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. J. KOTHARI & CO. | FY 2017 | 105313W |
Shareholding
The shareholding of Dripp Digital India Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dripp Digital India Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dripp Digital India 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 Dripp Digital India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dripp Digital India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dripp Digital India Limited, buy the company report.
Recent activity
Dripp Digital India Limited has 9 board changes on record since 2016: 4 appointments and 5 cessations. The latest: Ashish Bhagwanbhai Prabhakar ceased to be Additional Director on 30 Dec 2016.
Frequently asked questions
Dripp Digital India is an active public limited company based in Mumbai, Maharashtra, India. The company works in consultancy, within the information technology industry. It was incorporated on 07 January 2016 (10+ years old) and is registered under CIN U74999MH2016PLC271791.
Dripp Digital India has 3 current directors:
- Hiteshkumar Narottambhai Patel - Director
- Ashish Bhagwanbhai Prabhakar - Director
- Kailash Pravinbhai Patel - Director
The latest financial statements of Dripp Digital India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Dripp Digital India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Dripp Digital India is U74999MH2016PLC271791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dripp Digital India was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dripp Digital India by revenue are Lex Cled Private Limited, Gyaan Sphere Private Limited, Gubbins Private Limited, Gopalji Infocomm Private Limited, Selleezy Solutions Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ashish Bhagwanbhai Prabhakar ceased to be Additional Director on 30 Dec 2016. Kailash Pravinbhai Patel ceased to be Additional Director on 30 Dec 2016. Kailash Pravinbhai Patel was appointed as Director on 03 Dec 2016. Dripp Digital India has 9 board changes on record in total.
The registered office of Dripp Digital India is at 5th Floor Spectrum Tower Chincholi Bunder Road Malad West, Mumbai, Maharashtra, India – 400064.
Dripp Digital India operates in the information technology industry, in the consultancy segment.
The compliance status of Dripp Digital India is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.