- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0035035

Drivus Motocorp Private Limited
About Drivus Motocorp Private Limited
Data last updated:
Drivus Motocorp Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50100MP2019PTC048107. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Vivek Bidolya (Whole-Time Director) and Priyanka Bidolya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.15 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 0.3%) and EBITDA of ₹26.52 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
As per MCA filings, the company has open charges of ₹1.85 Cr on record.
Drivus Motocorp Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0035035). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Drivus Motocorp
Contact details
Drivus Motocorp Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address91/2 Tapeshwari Bagh Near Hotel Svl, Mr10 Service Road Radisson Square, Indore, Madhya Pradesh, India – 452010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Drivus Motocorp Private Limited, buy the company report.
- 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
Business activity
The main business activity of Drivus Motocorp is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Drivus Motocorp Private Limited, buy the company report.
Financials of Drivus Motocorp Private Limited
FY 2024 filings availableDrivus Motocorp Private Limited reported revenue of ₹7.15 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over three years, including 30% growth in the latest year. EBITDA rose 104% 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 | FY 2019-20 |
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| EBITDA | ₹26.52 Lakh | ||||
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| Net Profit (PAT) | ₹1.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Drivus Motocorp Private Limited, buy the company report.
Board of directors of Drivus Motocorp Private Limited
Drivus Motocorp has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Bidolya | Whole-Time Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Priyanka Bidolya | Director | 03 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Drivus Motocorp Private Limited is audited by Paroha And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paroha And Associates | FY 2023 | 431766 |
Shareholding
The shareholding of Drivus Motocorp Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Drivus Motocorp Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2022 | 100530291 | Others | ₹1.85 Cr | Open |
To see the full charge records of Drivus Motocorp Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Drivus Motocorp 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 Drivus Motocorp Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drivus Motocorp has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Drivus Motocorp Private Limited, buy the company report.
Recent activity
Drivus Motocorp Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Gunjan Joshi ceased to be Director on 15 Mar 2021.
Frequently asked questions
Drivus Motocorp is an active private limited company based in Indore, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 18 March 2019 (7+ years old) and is registered under CIN U50100MP2019PTC048107.
Drivus Motocorp has 2 current directors:
- Vivek Bidolya - Whole-Time Director
- Priyanka Bidolya - Director
The latest financial statements of Drivus Motocorp on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
No. Drivus Motocorp has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Drivus Motocorp is U50100MP2019PTC048107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivus Motocorp was incorporated on 18 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
Gunjan Joshi ceased to be Director on 15 Mar 2021. Priyanka Bidolya was appointed as Director on 03 Mar 2021. Gunjan Joshi was appointed as Director on 18 Mar 2019. Drivus Motocorp has 4 board changes on record in total.
Yes, Drivus Motocorp is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0035035).
The registered office of Drivus Motocorp is at 912 Tapeshwari Bagh Near Hotel Svl, Mr10 Service Road Radisson Square, Indore, Madhya Pradesh, India – 452010.
Drivus Motocorp operates in the automotive industry, in the auto dealership and trading segment.