Drive and Earn Commute Services Private Limited

Drive and Earn Commute Services Private Limited - business services in Rajahmundry, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U74999AP2019PTC113122 Incorporated 15 October 2019 ROC Vijayawada HQ Rajahmundry, Andhra Pradesh, India
Struck Off Private Limited Company business services DPIIT Startup
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.75 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date
Last AGM
18 Oct 2021
Annual general meeting
Company status
Struck Off
MCA master data
Registrar
Vijayawada
ROC office

About Drive and Earn Commute Services Private Limited

Data last updated:

Drive and Earn Commute Services Private Limited was a private limited company based in Rajahmundry, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified business activities segment of the business services sector. It was incorporated on 15 October 2019.

The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2019PTC113122.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.75 Lakh. It was led by directors Sai Sasanka Grandhi and Guntapalli Suryasrinivasrao.

Its last annual general meeting (AGM) was held on 18 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 4 – 212/43 Plot No.7 Official Colony Lakshmi Narasimha Nagar Dowleswaram, Rajahmundry, Andhra Pradesh, India – 533125.

Company details

CIN U74999AP2019PTC113122
Registration Number 113122
Incorporation Date 15 October 2019
ROC Vijayawada
Listing Status Unlisted
Company Status Struck Off
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Drive and Earn Commute Services

DPIIT recognised startup Government of India
Startup India

Contact details

Drive and Earn Commute Services Private Limited's registered office is in Rajahmundry, Andhra Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    4 – 212/43 Plot No.7 Official Colony Lakshmi Narasimha Nagar Dowleswaram, Rajahmundry, Andhra Pradesh, India – 533125
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services

To see the full contact details of Drive and Earn Commute Services Private Limited, buy the company report.

Comprehensive company report
Drive and Earn Commute Services Private Limited - one report that includes everything
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  • 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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Financials of Drive and Earn Commute Services Private Limited

FY 2021 filings available

Financial Statement Summary

MetricsFY 2020-21FY 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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Drive and Earn Commute Services Private Limited, buy the company report.

Board of directors of Drive and Earn Commute Services Private Limited

Drive and Earn Commute Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sai Sasanka GrandhiDirector15 Oct 20197 Years 0 MonthsAs last reported
Guntapalli SuryasrinivasraoDirector02 May 20206 Years 6 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Drive and Earn Commute Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Drive and Earn Commute Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Drive and Earn Commute Services Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Guntapalli Suryasrinivasrao ceased to be Additional Director on 23 Oct 2020.

AGM
Drive And Earn Commute Services Private Limited last Annual general meeting of members was held on 18 Oct 2021 as per latest MCA records.
Filing
Drive And Earn Commute Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.
Ceased
Guntapalli Suryasrinivasrao ceased to be Additional Director.
Appointed
Guntapalli Suryasrinivasrao was appointed as Director.
Ceased
Monika Papijenni ceased to be Director.
Appointed
Sai Sasanka Grandhi was appointed as Director.
Incorporation
15 Oct 2019
Drive And Earn Commute Services Private Limited was registered on 15 Oct 2019 with Roc Vijayawada & aged 7 years 1 month as per MCA records.

Frequently asked questions

Drive and Earn Commute Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Drive and Earn Commute Services was a private limited company based in Rajahmundry, Andhra Pradesh, India. The company worked in miscellaneous business activities, within the business services industry. It was incorporated on 15 October 2019 and is registered under CIN U74999AP2019PTC113122. The company has been struck off by the Registrar of Companies and is no longer operational.

Drive and Earn Commute Services had 2 directors:

The CIN (Corporate Identification Number) of Drive and Earn Commute Services is U74999AP2019PTC113122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Drive and Earn Commute Services is at 4 – 21243 Plot No.7 Official Colony Lakshmi Narasimha Nagar Dowleswaram, Rajahmundry, Andhra Pradesh, India – 533125.

Drive and Earn Commute Services was incorporated on 15 October 2019. It is registered with the Registrar of Companies, Vijayawada.

Yes, Drive and Earn Commute Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The latest financial statements of Drive and Earn Commute Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 18 October 2021. Year-wise statements from FY 2020 are in the company report.

Drive and Earn Commute Services operated in the business services industry, in the miscellaneous business activities segment. It worked in this industry before it was struck off.

Guntapalli Suryasrinivasrao ceased to be Additional Director on 23 Oct 2020. Guntapalli Suryasrinivasrao was appointed as Director on 02 May 2020. Monika Papijenni ceased to be Director on 02 May 2020. Drive and Earn Commute Services has 4 board changes on record in total.