Drive Hydraulic Products Private Limited Company Logo

Drive Hydraulic Products Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bengaluru, Karnataka, India, established in 2014.

2014 | Bengaluru, Karnataka, India | Active
Last Updated:

About Drive Hydraulic Products Private Limited

Drive Hydraulic Products Private Limited, a active private limited company, was established on 22 September 2014 in Bengaluru, Karnataka, India. Engaging in industrial machinery retail & distribution within the trade sector, it holds CIN: U40300KA2014PTC076522. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Prasad Doraswamy (Director), Muniyappa Shivaiah (Director). It holds ₹1.85 Cr open charges and ₹6.50 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C-279 7Th Cross 1St Stage Peenya Industrial Area, Bengaluru, Karnataka, 560058.

Company Details

  • CIN/LLPIN

    U40300KA2014PTC076522

  • Registration Number

    076522

  • Incorporation Date

    22 September 2014

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.85 Cr
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 26.43%
  • Profit Growth 30.23%
  • Ebitda 44.38%
  • Net Worth 30.40%
  • Total Assets 33.07%
Company report

Drive Hydraulic Products Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Drive Hydraulic Products Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Drive Hydraulic Products Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Prasad DoraswamyDirector22 Sep 2014Current
Muniyappa ShivaiahDirector22 Sep 2014Current

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Financial Performance of Drive Hydraulic Products.

Drive Hydraulic Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.43% increase. The company also saw a substantial improvement in profitability, with a 30.23% increase in profit. The company's net worth Soared by an impressive increase of 30.4%.

Drive Hydraulic Products revenue growth over time
Drive Hydraulic Products profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.43%
Revenue from Operations
27.16%
Total Assets
33.07%
Profit or Loss
30.23%
Net Worth
30.40%
EBITDA
44.38%

What is the Ownership and Shareholding Structure of Drive Hydraulic Products?

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Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹18,500,000.00

Satisfied Charges

₹6,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 1.85 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2024Others₹1.85 CrOpen
09 Jun 2022Hdfc Bank Limited₹6.50 MSatisfied

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How Many Employees Work at Drive Hydraulic Products?

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Employee growth trends for Drive Hydraulic Products Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Drive Hydraulic Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Drive Hydraulic Products's trajectory.

Rating

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Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Drive Hydraulic Products

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Drive Hydraulic Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 18.50 M with Charge ID 100970912 was registered on 15 Jul 2024. was documented.

  • Balance Sheet

    Progress on Drive Hydraulic Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge registered on 09 Jun 2022 via Charge ID 100592663 with Hdfc Bank Limited was fully satisfied on 04 Nov 2023. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.50 M with Charge ID 100592663 was registered on 09 Jun 2022. was recorded as a recent event.

  • Director Appointment

    Progress on Prasad Doraswamy was appointed as a Director was appointed as a Director on 22 Sep 2014 & has been associated with this company since 11 years 3 months . was documented.

Frequently Asked Questions

  • What is the CIN of Drive Hydraulic Products Private Limited?

    The CIN of Drive Hydraulic Products Private Limited is U40300KA2014PTC076522.

  • Where is Drive Hydraulic Products Private Limited headquartered?

    Drive Hydraulic Products Private Limited is headquartered at C-279 7Th Cross 1St Stage Peenya Industrial Area, Bengaluru, Karnataka, 560058.

  • When was Drive Hydraulic Products Private Limited incorporated?

    Drive Hydraulic Products Private Limited was incorporated on 22 September 2014.

  • Who are the current directors of Drive Hydraulic Products Private Limited?

    The current directors of Drive Hydraulic Products Private Limited are

  • What is the primary industry of Drive Hydraulic Products Private Limited?

    The primary industry of Drive Hydraulic Products Private Limited is Trade.

  • Is Drive Hydraulic Products Private Limited a listed company?

    Drive Hydraulic Products Private Limited is unlisted.

  • What is the capital structure of Drive Hydraulic Products Private Limited?

    The authorized capital of Drive Hydraulic Products Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Drive Hydraulic Products Private Limited?

    The compliance status of Drive Hydraulic Products Private Limited is Compliant.

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