Drivedazz Solutions Private Limited
About Drivedazz Solutions Private Limited
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Drivedazz Solutions Private Limited is a foreign private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2020FTC051145.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Michael Henry Paradise and Suresh Hiteshi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 51/1 Snehlataganj, Indore, Madhya Pradesh, India – 452007.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.65 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹9.25 Lakh (net margin 5.6%) and EBITDA of ₹13.22 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
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- Registered Address51/1 Snehlataganj, Indore, Madhya Pradesh, India – 452007
- IndustryInformation Technology, IT Consulting & Support 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 of Drivedazz Solutions Private Limited
The main business activity of Drivedazz Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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
Verified entity values are shown only after access is granted.
Financials of Drivedazz Solutions Private Limited FY 2025 filings available
Drivedazz Solutions Private Limited reported revenue of ₹1.65 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Drivedazz Solutions Private Limited
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 138% 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 of Drivedazz Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹13.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.25 Lakh | •••• | •••• | •••• | •••• |
| 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 of Drivedazz Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 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 Drivedazz Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Drivedazz Solutions Private Limited
Drivedazz Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dynavision Digitech Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Agile Facilities and Management Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Gurgaon, Haryana, India |
| MHTS Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Madhapar, Gujarat, India |
| Shreyas Integrated Systems Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | -82.0% | •••• | Bangalore, Karnataka, India |
| SSF Professionals Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Lucknow, Uttar Pradesh, India |
| Drivedazz Solutions Private Limited this company | ₹1.65 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Indore, Madhya Pradesh, India |
| Emes Fabrication Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Abhilekha Information Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Bangalore, Karnataka, India |
| Syhr Consulting Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Indus Hospitality Careers & Training Private Limited | ₹1.65 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Talenttribe Consulting Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Drivedazz Solutions by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Drivedazz Solutions Private Limited
Drivedazz Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Henry Paradise | Director | 12 Mar 2020 | 6 Years 6 Months | Current |
| Suresh Hiteshi | Director | 05 Apr 2024 | 2 Years 6 Months | Current |
| Asim Iqbal Ansari | Director | 12 Mar 2020 | 6 Years 6 Months | Current |
Ownership and Shareholding of Drivedazz Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Drivedazz Solutions Private Limited
Drivedazz Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Drivedazz Solutions Private Limited
Employment history and EPFO contributions of people linked to Drivedazz Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Drivedazz Solutions Private Limited
Drivedazz Solutions Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Suresh Hiteshi ceased to be Additional Director on 04 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Drivedazz Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Drivedazz Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Drivedazz Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Drivedazz Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Drivedazz Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Drivedazz Solutions Private Limited
Drivedazz Solutions is an active foreign private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 March 2020 (6+ years old) and is registered under CIN U74999MP2020FTC051145.
Drivedazz Solutions reported revenue of ₹1.65 Cr for FY 2024 (down 10% YoY).
Drivedazz Solutions has 3 current directors:
- Michael Henry Paradise - Director
- Suresh Hiteshi - Director
- Asim Iqbal Ansari - Director
Drivedazz Solutions reported a net profit of ₹9.25 Lakh (net margin 5.6%) and EBITDA of ₹13.22 Lakh (EBITDA margin 8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drivedazz Solutions is 4% over three years. In the latest year (FY 2024) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Drivedazz Solutions is U74999MP2020FTC051145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivedazz Solutions was incorporated on 12 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Drivedazz Solutions by revenue are Dynavision Digitech Private Limited, Agile Facilities and Management Private Limited, MHTS Private Limited, Shreyas Integrated Systems Private Limited, SSF Professionals Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Suresh Hiteshi ceased to be Additional Director on 04 Sep 2024. Suresh Hiteshi was appointed as Director on 05 Apr 2024. Vivek Bodani ceased to be Additional Director on 16 Nov 2021. Drivedazz Solutions has 5 board changes on record in total.
The registered office of Drivedazz Solutions is at 511 Snehlataganj, Indore, Madhya Pradesh, India – 452007.
Drivedazz Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.