Drivex Mobility Private Limited

Drivex Mobility Private Limited - e-commerce in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U63040KA2020PTC226231 Incorporated 01 April 2020 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company e-commerce DPIIT Startup MSME
Revenue · FY 2026
₹74.35 Cr
▲ 22% YoY
Net loss · FY 2026
₹49.93 Cr
Net margin -67.2%
EBITDA · FY 2026
-₹56.61 Cr
EBITDA margin -76.1%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹91 Cr
Satisfied ₹20 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
249
Provident fund records

About Drivex Mobility Private Limited

Data last updated:

Drivex Mobility Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 01 April 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U63040KA2020PTC226231. Its GSTIN is 33AAGCN9242A1ZS (Tamil Nadu). The company holds 9 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹3 Lakh. It was formerly known as Nkars Mobility Millennial Solutions Private Limited. It is led by directors including Seeplaputhur Ganapathiramaswamy Murali and Hormazd Soli Sorabjee.

Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 484 Kamaraj Road Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015.

As per the financials filed for FY 2026, the company reported a revenue of ₹74.35 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹49.93 Cr (net margin -67.2%) and EBITDA of -₹56.61 Cr (EBITDA margin -76.1%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 174% over five years.

The company has about 249 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: DriveX. As per MCA filings, the company has open charges of ₹91 Cr and satisfied charges of ₹20 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹88.58 Cr; the latest was in December 2024.

Drivex Mobility Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-03-0010712). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drivex.in.

Company details

CIN U63040KA2020PTC226231
Registration Number 033680
Incorporation Date 01 April 2020
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-TN-03-0010712

CIN history

Drivex Mobility has one previous CIN (Corporate Identification Number): U63040TZ2020PTC033680. The current CIN is U63040KA2020PTC226231, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63040KA2020PTC226231Current
U63040TZ2020PTC033680Previous
Key People
Seeplaputhur Ganapathiramaswamy Murali Director Hormazd Soli Sorabjee Director Gopalan Parthasarathy Director

Recognitions & Rankings of Drivex Mobility

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-03-0010712

Contact details

Drivex Mobility Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is drivex.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    drivex.in
  • Social Media
  • Registered Address
    484 Kamaraj Road Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015
  • Industry
    E-Commerce, Online Automotive Platforms

To see the full contact details of Drivex Mobility Private Limited, buy the company report.

Comprehensive company report
Drivex Mobility 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

Drivex Mobility operates one associated brand: DriveX. Each brand links to its own profile.

BrandDescriptionWebsite
DriveX
Vehicle subscriptions are managed via an online booking platform.drivex.in

Business activity

The main business activities of Drivex Mobility are wholesale and retail trade; repair of motor vehicles and motorcycles, support service to organizations and manufacturing. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles, other support services to organizations and repair & installation of machinery & equipment, motor vehicles. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles45Wholesale and retail trade and repair of motor vehicles and motorcycles
NSupport service to OrganizationsN7Other support services to organizations
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

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

Financials of Drivex Mobility Private Limited

FY 2026 filings available

Drivex Mobility Private Limited reported revenue of ₹74.35 Cr (up 22% YoY) for FY 2026.

Revenue · FY 2026
₹74.35 Cr ▲ 22%
Net loss · FY 2026
₹49.93 Cr margin -67.2%
EBITDA · FY 2026
-₹56.61 Cr margin -76.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 97%
5 years · compounded
▲ 174%
EBITDA CAGR growth
1 year
▼ 11%

Revenue has grown at a compounded annual rate (CAGR) of 174% over five years, including 22% growth in the latest year. EBITDA fell 11% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹74.35 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹56.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹49.93 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-76.1%
Net Profit Margin-67.2%
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 Drivex Mobility Private Limited, buy the company report.

Board of directors of Drivex Mobility Private Limited

Drivex Mobility has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Seeplaputhur Ganapathiramaswamy Murali
Also directs: Kaynes Technology India Limited, Sundaram Auto Components Limited, Green Infra BTV Limited and 5 more
Director30 Apr 20242 Years 6 MonthsCurrent
Hormazd Soli Sorabjee
Also directs: Motowalks Technologies Private Limited, Aditi Mody Family Private Limited, Anjali Mody Family Private Limited and 2 more
Director24 Feb 20233 Years 8 MonthsCurrent
Gopalan Parthasarathy
Also directs: Futura Accessories Private Limited, Norton Motorcycle Private Limited
Director15 Oct 20224 Years 0 MonthsCurrent
Anuraag Agarwal
Also directs: Keyara Fresh Private Limited, Holii Accessories Limited
Director15 Oct 20224 Years 0 MonthsCurrent
Kumarramnarain
Also directs: Nkars Online Private Limited
Director09 Sep 20206 Years 2 MonthsCurrent
Sharad Mohan MishraDirector28 Oct 20224 Years 0 MonthsCurrent
View all directors

Auditor

Drivex Mobility Private Limited is audited by Sasirekha Vengatesh for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Sasirekha VengateshFY 2023

Shareholding

The shareholding of Drivex Mobility Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Drivex Mobility Private Limited, buy the company report.

Charges & borrowings

Open charges
₹91 Cr
Satisfied charges
₹20 Cr
Breakdown by lending institutions
Others₹91.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Apr 2025101093411Others₹25 CrOpen
29 Apr 2025101105274Others₹1 CrOpen
18 Dec 2023100836250Others₹45 CrOpen
11 Aug 2023100773000Others₹20 CrOpen
12 Aug 2024100966053Axis Bank Limited₹5 CrSatisfied

To see the full charge records of Drivex Mobility Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Drivex Mobility Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹88.58 Cr; the latest was in December 2024.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹88.58 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Dec 2024Secondary share transferUndisclosedBuyer: TVS Motor Company Limited
Oct 2022Funding round₹87.08 CrInvestors: TVS Motor Company Limited , TVS Motor Foundation, Harulika Ventures LLP
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2022Funding round₹1.5 CrInvestors: 4 individuals
Mar 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Nkars Online Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Drivex Mobility Private Limited has a workforce of 249 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
249
Active EPFO establishments
1
Employee growth
23.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27249
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23

To see the full employee and EPFO history of Drivex Mobility Private Limited, buy the company report.

GST

Drivex Mobility has 9 GST registrations: 3 active and 6 cancelled or inactive.

Total GSTINs
9
Active
3
Cancelled / inactive
6
GSTINStateStatusRegistered on
33AAGCN9242A1ZSTamil NaduActive26 May 2020
29AAGCN9242A1ZHKarnatakaActive17 Mar 2021
34AAGCN9242A1ZQPuducherryActive15 Apr 2024

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

Recent activity

Drivex Mobility Private Limited has 19 board changes on record since 2020: 7 appointments and 12 cessations. The latest: Anurag Malempati ceased to be Additional Director on 31 Jul 2024.

Filing
Drivex Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Coimbatore.
Charges
A charge registered on 23 Nov 2023 via Charge ID 100824706 with Axis Bank Limited was fully satisfied on 01 Sep 2025.
AGM
Drivex Mobility Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101093411 was registered on 30 Apr 2025.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101105274 was registered on 29 Apr 2025.
Charges
A charge registered on 12 Aug 2024 via Charge ID 100966053 with Axis Bank Limited was fully satisfied on 01 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100966053 was registered on 12 Aug 2024.
Charges
A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 23 Nov 2023 with Charge ID 100824706 was modified on 12 Aug 2024.
Ceased
Anurag Malempati ceased to be Additional Director.
Ceased
Seeplaputhur Ganapathiramaswamy Murali ceased to be Additional Director.
Appointed
Seeplaputhur Ganapathiramaswamy Murali was appointed as Director.
Charges
A charge with Others of Rs. 20.00 Cr registered on 11 Aug 2023 with Charge ID 100773000 was modified on 08 Jan 2024.

20 earlier events are in the company report.

News

Frequently asked questions

Drivex Mobility is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 01 April 2020 (6+ years old) and is registered under CIN U63040KA2020PTC226231.

Drivex Mobility has 6 current directors:

The latest financial statements of Drivex Mobility on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 July 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Drivex Mobility is 33AAGCN9242A1ZS, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 29AAGCN9242A1ZH (Karnataka), 34AAGCN9242A1ZQ (Puducherry).

The CIN (Corporate Identification Number) of Drivex Mobility is U63040KA2020PTC226231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Drivex Mobility has 5 court cases on record: 5 filed by the company. 2 are pending.

Drivex Mobility was incorporated on 01 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.

Drivex Mobility has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹88.58 Cr; the latest was in December 2024.

Anurag Malempati ceased to be Additional Director on 31 Jul 2024. Seeplaputhur Ganapathiramaswamy Murali ceased to be Additional Director on 31 Jul 2024. Seeplaputhur Ganapathiramaswamy Murali was appointed as Director on 30 Apr 2024. Drivex Mobility has 19 board changes on record in total.

Yes, Drivex Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).