- Udyam number
- UDYAM-MH-18-0027855

About Drive India Enterprise Solutions Limited
Data last updated:
Drive India Enterprise Solutions Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Nksv Trading And Consulting Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2000PLC104165. Its GSTIN is 33AABCD5823E1Z4 (Tamil Nadu). The company holds 38 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹3.32 Cr. It was formerly known as Driveindia.Com Limited and Driveindia.Com Private Limited. It is led by directors including Milind Madhav Shahane and Ramanathan Karimpuza Ananthakrishnan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 58 Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.14 Cr (net margin 26.3%) and EBITDA of ₹5.51 Cr (EBITDA margin 28.2%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 5% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DIESL. As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹2,480 Cr on record. Court records list 145 cases involving the company, including 115 filed by the company and 31 filed against it; 23 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2015. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
Drive India Enterprise Solutions Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0027855). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diesl.in.
Name History
Drive India Enterprise Solutions has undergone 3 name changes throughout its history. The company was previously known as Driveindia.Com Limited, Driveindia.Com Private Limited, and Driveindiacom Limited. The current legal name is Drive India Enterprise Solutions Limited.
| Company Name | Status |
|---|---|
| Drive India Enterprise Solutions Limited | Current |
| Driveindia.Com Limited | Previous |
| Driveindia.Com Private Limited | Previous |
| Driveindiacom Limited | Previous |
CIN History
Drive India Enterprise Solutions has one previous CIN (Corporate Identification Number): U72900MH2000PLC126195. The current CIN is U72900TN2000PLC104165, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2000PLC104165 | Current |
| U72900MH2000PLC126195 | Previous |
Recognitions & Rankings of Drive India Enterprise Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address58 Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Drive India Enterprise Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Drive India Enterprise Solutions Limited
FY 2025 filings availableDrive India Enterprise Solutions Limited reported revenue of ₹19.58 Cr (up 237% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 237% growth in the latest year. EBITDA rose 281% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹5.51 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹5.14 Cr | |
| 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 28.2% | |
| Net Profit Margin | 26.3% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Drive India Enterprise Solutions are in the company report.
: available in the company report
Board of Directors of Drive India Enterprise Solutions Limited
Drive India Enterprise Solutions has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Madhav Shahane Also directs: Trios Material Handling Private Limited, Tata Autocomp Systems Limited, Reach Cargo Movers Private Limited and 2 more | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
| Ramanathan Karimpuza Ananthakrishnan | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Srinivasan Murali Also directs: Dhinrama Mobility Solution Private Limited, Tor Auto Components LLP, Dinram Holdings Private Limited and 1 more | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
Auditor Details
Drive India Enterprise Solutions Limited is audited by PKF SRIDHAR & SANTHANAM LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PKF SRIDHAR & SANTHANAM LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Dec 2014 | Others | ₹90 Cr | Open |
| 22 Dec 2017 | Axis Bank Limited | ₹75 Cr | Satisfied |
| 11 Jun 2016 | Yes Bank Limited | ₹75 Cr | Satisfied |
| 30 Dec 2015 | Tata Capital Financial Services Limited | ₹25 Cr | Satisfied |
| 22 Oct 2013 | Australia and New Zealand Banking Group Limited | ₹130 Cr | Satisfied |
Total charge records: 17 View all charges
Deals & Funding
Drive India Enterprise Solutions Limited has 1 deal on record (1 acquisition); the latest was in May 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Acquisition | Undisclosed | Buyer: TVS Supply Chain Solutions Limited Seller: Tata Industries Limited , Tata International Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Drive India Enterprise Solutions Limited has 145 court cases on record: 115 filed by Drive India Enterprise Solutions, 31 filed against it. 23 cases are pending and 122 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 58 | 6 | 14 |
| District courts | 55 | 9 | 3 |
| NCLAT | 20 | 9 | 3 |
| Supreme Court | 8 | 6 | 3 |
| NCLT | 4 | 1 | 0 |
Cases on record (5 of 145)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against BTM Exports Limited | Pending |
| Supreme Court | Court case | Filed by the company against Essline Engineers and Consultants Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by BGM Telecommunications Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against BTM Exports Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Starconn Mobility Pvt.Ltd. and 1 other | Pending |
: available in 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
Drive India Enterprise Solutions Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| R.S. Facility Service Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Drive India Enterprise Solutions Limited has a workforce of 13 employees as of Mar 28, 2024.
: available in the company report
Recent Activity
Drive India Enterprise Solutions Limited has 22 board changes on record since 2007: 3 appointments and 19 cessations. The latest: Ramanathan Karimpuza Ananthakrishnan ceased to be Additional Director on 30 Sep 2022.
53 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Drive India Enterprise Solutions has 38 GST registrations: 15 active and 23 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCD5823E1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 06AABCD5823E2Z0 | Haryana | Active | 01 Jul 2017 |
| 07AABCD5823E1ZZ | Delhi | Active | 01 Jul 2017 |
| 08AABCD5823E1ZX | Rajasthan | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Drive India Enterprise Solutions is an active public limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 April 2000 (26+ years old) and is registered under CIN U72900TN2000PLC104165.
Drive India Enterprise Solutions has 3 current directors:
- Milind Madhav Shahane - Director
- Ramanathan Karimpuza Ananthakrishnan - Director
- Srinivasan Murali - Director
The latest financial statements of Drive India Enterprise Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Drive India Enterprise Solutions is 33AABCD5823E1Z4, registered in Tamil Nadu. The company has 38 GST registrations in all, of which 15 are active and 23 are cancelled or inactive. Other active GSTINs include 06AABCD5823E2Z0 (Haryana), 07AABCD5823E1ZZ (Delhi), 08AABCD5823E1ZX (Rajasthan).
The CIN (Corporate Identification Number) of Drive India Enterprise Solutions is U72900TN2000PLC104165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drive India Enterprise Solutions has 145 court cases on record: 115 filed by the company and 31 filed against it. 23 are pending. Most are in the high courts.
Drive India Enterprise Solutions was incorporated on 27 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
Drive India Enterprise Solutions has 1 deal on record (1 acquisition); the latest was in May 2015.
Ramanathan Karimpuza Ananthakrishnan ceased to be Additional Director on 30 Sep 2022. Srinivasan Murali ceased to be Additional Director on 30 Sep 2022. Balaguru Munusamy ceased to be Director on 29 Sep 2021. Drive India Enterprise Solutions has 22 board changes on record in total.
Yes, Drive India Enterprise Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0027855).
Drive India Enterprise Solutions has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 13 May 2021.