DPIIT recognised startup Government of India
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Drivo India Private Limited
Drivo India Private Limited - transportation in Bhubaneswar, Odisha, India. Directors, charges & compliance details.
Revenue · FY 2024
₹10.86 Lakh
▼ 63% YoY
Net profit · FY 2024
₹1,003
Net margin 0.1%
EBITDA · FY 2024
₹2,830
EBITDA margin 0.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Drivo India Private Limited
Data last updated:
Drivo India Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 28 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U63030OR2020PTC033572.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Hrudananda Senapati and Sunil Kumar Mohapatra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.86 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹1,003 (net margin 0.1%) and EBITDA of ₹2,830 (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
Company details
CIN U63030OR2020PTC033572
Registration Number 033572
Incorporation Date 28 July 2020
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Drivo India
Contact details
Drivo India Private Limited's registered office is in Bhubaneswar, Odisha.
- Registered AddressShop No – Fa – 1/53, Maa Barabhuja Market Complex, Bhubaneswar, Odisha, India – 751030
- IndustryTransportation, Transportation Services
Comprehensive company report
Drivo India 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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Business activity
The main business activity of Drivo India is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Drivo India Private Limited, buy the company report.
Financials of Drivo India Private Limited
FY 2025 filings availableDrivo India Private Limited reported revenue of ₹10.86 Lakh (down 63% YoY) for FY 2024.
Revenue · FY 2024
₹10.86 Lakh ▼ 63%
Net profit · FY 2024
₹1,003 margin 0.1%
EBITDA · FY 2024
₹2,830 margin 0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 70%
Revenue fell 63% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2,830 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1,003 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 0.3% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Drivo India Private Limited, buy the company report.
Board of directors of Drivo India Private Limited
Drivo India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hrudananda Senapati | Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Sunil Kumar Mohapatra | Additional Director | 29 Dec 2022 | 3 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Drivo India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Drivo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Drivo India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Drivo India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Anurag Dash ceased to be Director on 04 Feb 2023.
AGM
Drivo India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Drivo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Ceased
Anurag Dash ceased to be Director.
Appointed
Sunil Kumar Mohapatra was appointed as Additional Director.
Ceased
Abhay Abhilekh Samal ceased to be Director.
Appointed
Hrudananda Senapati was appointed as Director.
Incorporation
28 Jul 2020
Drivo India Private Limited was registered on 28 Jul 2020 with Roc Cuttack & aged 6 years 3 months as per MCA records.
Frequently asked questions
Drivo India is an active private limited company based in Bhubaneswar, Odisha, India. The company works in transportation services, within the transportation industry. It was incorporated on 28 July 2020 (6+ years old) and is registered under CIN U63030OR2020PTC033572.
Drivo India has 2 current directors:
- Hrudananda Senapati - Director
- Sunil Kumar Mohapatra - Additional Director
The latest financial statements of Drivo India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Drivo India is U63030OR2020PTC033572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivo India was incorporated on 28 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
Anurag Dash ceased to be Director on 04 Feb 2023. Sunil Kumar Mohapatra was appointed as Additional Director on 29 Dec 2022. Abhay Abhilekh Samal ceased to be Director on 22 Oct 2020. Drivo India has 4 board changes on record in total.
Yes, Drivo India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Drivo India is at Shop No – Fa – 153, Maa Barabhuja Market Complex, Bhubaneswar, Odisha, India – 751030.
Drivo India operates in the transportation industry, in the transportation services segment.
Drivo India can be reached at its registered office: Shop No – Fa – 153, Maa Barabhuja Market Complex, Bhubaneswar, Odisha, India – 751030.