Drivesmart Telematics Private Limited

Drivesmart Telematics Private Limited - automotive in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U29309GJ2016PTC094428 Incorporated 21 November 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Struck Off Private Limited Company automotive
Data last updated
Revenue · FY 2018
₹10.55 Lakh
▲ 80% YoY
Net loss · FY 2018
₹18,081
Net margin -1.7%
EBITDA · FY 2018
-₹18,081
EBITDA margin -1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Drivesmart Telematics Private Limited

Data last updated:

Drivesmart Telematics Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 21 November 2016.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2016PTC094428. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Binita Ketankumar Raval and Ketankumar Batukbhai Raval.

Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 312 Kala Sagar Mall Opp Saibaba Templ Ghatlodiya, Ahmedabad, Gujarat, India – 380061.

As per the financials filed for FY 2018, the company reported a revenue of ₹10.55 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹18,081 (net margin -1.7%) and EBITDA of -₹18,081 (EBITDA margin -1.7%).

The company was associated with 1 brand: KarConnect.

Company details

CIN U29309GJ2016PTC094428
Registration Number 094428
Incorporation Date 21 November 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Contact details

Drivesmart Telematics Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    312 Kala Sagar Mall Opp Saibaba Templ Ghatlodiya, Ahmedabad, Gujarat, India – 380061
  • Industry
    Automotive, Auto Parts & Components
Comprehensive company report
Drivesmart Telematics Private Limited - one report that includes everything
  • 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
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Brands

Drivesmart Telematics operates one associated brand: KarConnect. Each brand links to its own profile.

BrandDescriptionWebsite
Provides vehicle diagnosis and driving analysis solutions for safety.karconnect.com

Business activity

The main business activity of Drivesmart Telematics is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Drivesmart Telematics Private Limited, buy the company report.

Financials of Drivesmart Telematics Private Limited

FY 2018 filings available

Drivesmart Telematics Private Limited reported revenue of ₹10.55 Lakh (up 80% YoY) for FY 2018.

Revenue · FY 2018
₹10.55 Lakh ▲ 80%
Net loss · FY 2018
₹18,081 margin -1.7%
EBITDA · FY 2018
-₹18,081 margin -1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 80%
EBITDA CAGR growth
1 year
▼ 22%

Revenue rose 80% in the latest year. EBITDA fell 22% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17
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-₹18,081
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18,081
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

MetricsFY 2017-18FY 2016-17
Profitability
EBITDA Margin-1.7%
Net Profit Margin-1.7%
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 Drivesmart Telematics Private Limited, buy the company report.

Board of directors of Drivesmart Telematics Private Limited

Drivesmart Telematics has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Binita Ketankumar RavalDirector21 Nov 20169 Years 11 MonthsAs last reported
Ketankumar Batukbhai RavalDirector21 Nov 20169 Years 11 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Drivesmart Telematics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Drivesmart Telematics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Drivesmart Telematics Private Limited, buy the company report.

Recent activity

Drivesmart Telematics Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Binita Ketankumar Raval was appointed as Director on 21 Nov 2016.

AGM
Drivesmart Telematics Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Filing
Drivesmart Telematics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.
Appointed
Binita Ketankumar Raval was appointed as Director.
Appointed
Ketankumar Batukbhai Raval was appointed as Director.
Incorporation
21 Nov 2016
Drivesmart Telematics Private Limited was registered on 21 Nov 2016 with Roc Ahmedabad & aged 9 years 11 months as per MCA records.

Frequently asked questions

Drivesmart Telematics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Drivesmart Telematics was a private limited company based in Ahmedabad, Gujarat, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 21 November 2016 and is registered under CIN U29309GJ2016PTC094428. The company has been struck off by the Registrar of Companies and is no longer operational.

Drivesmart Telematics had 2 directors:

The CIN (Corporate Identification Number) of Drivesmart Telematics is U29309GJ2016PTC094428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Drivesmart Telematics is at 312 Kala Sagar Mall Opp Saibaba Templ Ghatlodiya, Ahmedabad, Gujarat, India – 380061.

Drivesmart Telematics was incorporated on 21 November 2016. It is registered with the Registrar of Companies, Ahmedabad.

The latest financial statements of Drivesmart Telematics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2017 are in the company report.

No. Drivesmart Telematics has 1 GST registration on record and it is cancelled or inactive.

Drivesmart Telematics operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.

Binita Ketankumar Raval was appointed as Director on 21 Nov 2016. Ketankumar Batukbhai Raval was appointed as Director on 21 Nov 2016.