Drive Engineering Private Limited
About Drive Engineering Private Limited
Data last updated:
Drive Engineering Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51503WB2005PTC103093. Its GSTIN is 19AACCD1652J2ZM (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.17 Cr and a paid-up capital of ₹3.17 Cr. It is led by directors Raghav Agarwal and Mukund Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block Aq – 6 Sector – V Salt Lake Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.83 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹64,797 (net margin 0.9%) and EBITDA of ₹35.15 Lakh (EBITDA margin 46.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹20.75 Cr on record. Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Drive Engineering Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock Aq – 6 Sector – V Salt Lake Kolkata, West Bengal, India – 700091
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Drive Engineering Private 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 Drive Engineering is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Drive Engineering Private Limited, buy the company report.
Financials of Drive Engineering Private Limited
FY 2025 filings availableDrive Engineering Private Limited reported revenue of ₹75.83 Lakh (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 53%. EBITDA fell 82% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹35.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64,797 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.4% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Engineering Private Limited, buy the company report.
Board of directors of Drive Engineering Private Limited
Drive Engineering has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Agarwal | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Mukund Agarwal Also directs: Dhanpat Realty LLP, Tirupati Infra Estate LLP, Jatashiv Niketan Private Limited and 5 more | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Drive Engineering Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shradha Technopack Private Limited | ₹76.02 Lakh (FY 2020) | -6.0% | Kolkata, West Bengal, India | |||
| Texsol Enterprises Private Limited | ₹76.02 Lakh (FY 2023) | -69.0% | Mumbai, Maharashtra, India | |||
| Drive Engineering Private Limitedthis company | ₹75.83 Lakh (FY 2025) | ₹64,797 | 0.9% | -85.0% | Kolkata, West Bengal, India | |
| Kalsi Buildtech India Private Limited | ₹75.76 Lakh (FY 2015) | Zirakpur, Punjab, India | ||||
| Ceear Realty & Infrastructure Private Limited | ₹75.76 Lakh (FY 2022) | -75.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Drive Engineering Private Limited, buy the company report.
Auditor
Drive Engineering Private Limited is audited by GANESH A AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH A AND ASSOCIATES | FY 2023 | 332038E |
Shareholding
The shareholding of Drive Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Drive Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2019 | 100296287 | Others | ₹10 Cr | Open | |
| 31 Jan 2012 | 10336095 | Indiabulls Housing Finance Limited | ₹10.75 Cr | Satisfied | |
| 10 Dec 2009 | 10188162 | Axis Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Drive Engineering Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Drive Engineering Private Limited has 12 court cases on record: 11 filed by Drive Engineering, 1 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 3 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against International Institute of Planning and Management | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Center for Vocational and Entrepreneurship Studies | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed by the company against International Institute of Planning and Management Pvt. Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by International Institute of Planning and Management Pvt. Ltd. Now Known As Centre for Vocational and | Disposed |
| High Court | Arbitration matter | Filed by the company against International Institute of Planning & Management Pvt Ltd | Disposed |
To see the full case history of Drive Engineering 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 Drive Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drive Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCD1652J2ZM | West Bengal | Active | 30 Apr 2019 |
To see the full GST registrations and return filing status of Drive Engineering Private Limited, buy the company report.
Recent activity
Drive Engineering Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Vijay Kumar Goyal ceased to be Director on 20 Feb 2019.
10 earlier events are in the company report.
Frequently asked questions
Drive Engineering is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 May 2005 (21+ years old) and is registered under CIN U51503WB2005PTC103093.
Drive Engineering has 2 current directors:
- Raghav Agarwal - Director
- Mukund Agarwal - Director
The latest financial statements of Drive Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Drive Engineering is 19AACCD1652J2ZM, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Drive Engineering is U51503WB2005PTC103093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drive Engineering has 12 court cases on record: 11 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Drive Engineering was incorporated on 11 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Drive Engineering by revenue are Shradha Technopack Private Limited, Texsol Enterprises Private Limited, Kalsi Buildtech India Private Limited, Ceear Realty & Infrastructure Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Vijay Kumar Goyal ceased to be Director on 20 Feb 2019. Mukund Agarwal was appointed as Director on 16 Jan 2019. Raghav Agarwal was appointed as Director on 16 Jan 2019. Drive Engineering has 13 board changes on record in total.
The registered office of Drive Engineering is at Block Aq – 6 Sector – V Salt Lake Kolkata, West Bengal, India – 700091.
Drive Engineering operates in the financial services industry, in the real estate financing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
