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:
Access Report
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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 4 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

Comprehensive Company Insights

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.

Access Report
Who are the key members and board of directors at Drive Hydraulic Products Private Limited?
Current Directors
Name Designation Appointment Date Status
Prasad Doraswamy Director 22 Sep 2014 Current
Muniyappa Shivaiah Director 22 Sep 2014 Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

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

Unlock access to Drive Hydraulic Products's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

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
Date Lender Amount Status
15 Jul 2024 Others ₹1.85 Cr Open
09 Jun 2022 Hdfc Bank Limited ₹6.50 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Drive Hydraulic Products?

Unlock and access historical data on people associated with Drive Hydraulic Products, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Drive Hydraulic Products
Recent Activity within the Organization
  • Annual General Meeting

    Drive Hydraulic Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • 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

    Drive Hydraulic Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • 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

    The activity A charge with Hdfc Bank Limited amounted to Rs. 6.50 M with Charge ID 100592663 was registered on 09 Jun 2022. was completed.

  • Director Appointment

    The activity 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 4 months . was completed.

Explore recent activity and updates - View Recent Activity

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available