
About Drogevate Solutions Private Limited
Data last updated:
Drogevate Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2018PTC329157. Its GSTIN is 09AAGCD5353A1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Anil Prasad Bansal and Saurabh Goyal.
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 Flat No. L – 25 Ground Floor Sarita Vihar, New Delhi, Delhi, India – 110076.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 35.7%) and EBITDA of ₹3.64 Cr (EBITDA margin 49.7%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years.
The company is associated with 1 brand: Drogevate. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in October 2020. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Rail Autocom Technologies Private Limited with revenue of ₹7.33 Cr.
For more details, the company can be reached via its website drogevate.com.
Company details
Recognitions & Rankings of Drogevate Solutions
Contact details
Drogevate Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is drogevate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. L – 25 Ground Floor Sarita Vihar, New Delhi, Delhi, India – 110076
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Drogevate Solutions 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
Brands
Drogevate Solutions operates one associated brand: Drogevate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drogevate provides AI-powered SaaS for pharmacovigilance case processing and security. | drogevate.com |
Business activity
The main business activity of Drogevate Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Drogevate Solutions Private Limited, buy the company report.
Financials of Drogevate Solutions Private Limited
FY 2025 filings availableDrogevate Solutions Private Limited reported revenue of ₹7.33 Cr (up 214% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 84% over three years, including 214% growth in the latest year. EBITDA rose 697% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.62 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.7% | ||||
| Net Profit Margin | 35.7% | ||||
| 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 Drogevate Solutions Private Limited, buy the company report.
Board of directors of Drogevate Solutions Private Limited
Drogevate Solutions has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Prasad Bansal | Director | 29 Jul 2019 | 7 Years 2 Months | Current |
| Saurabh Goyal | Director | 16 Nov 2019 | 6 Years 11 Months | Current |
| Bhagwati Prasad Goyal | Director | 06 Feb 2018 | 8 Years 8 Months | Current |
| Subhash Chandra Bansal | Director | 06 Feb 2018 | 8 Years 8 Months | Current |
| Nida Fatima | Director | 06 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Drogevate Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rail Autocom Technologies Private Limited | ₹7.33 Cr (FY 2025) | 129.0% | Noida, Uttar Pradesh, India | |||
| Vyusync Design Solutions Private Limited | ₹7.33 Cr (FY 2024) | -17.0% | Bangalore, Karnataka, India | |||
| Visicube Technologies Private Limited | ₹7.33 Cr (FY 2023) | 143.0% | Secunderabad, Telangana, India | |||
| Statron India Private Limited | ₹7.33 Cr (FY 2025) | 15.0% | Secunderabad, Telangana, India | |||
| Candour Communications Private Limited | ₹7.33 Cr (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| Drogevate Solutions Private Limitedthis company | ₹7.33 Cr (FY 2025) | ₹2.62 Cr | 35.7% | 214.0% | New Delhi, Delhi, India | |
| Opsveda Asia Private Limited | ₹7.32 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Nroad India Private Limited | ₹7.32 Cr (FY 2024) | 44.0% | Pune, Maharashtra, India | |||
| Orienteed Technologies Private Limited | ₹7.32 Cr (FY 2025) | 55.0% | Bangalore, Karnataka, India | |||
| Itech Workshop Private Limited | ₹7.32 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Trans-Fi India Private Limited | ₹7.31 Cr (FY 2025) | 74.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Drogevate Solutions Private Limited, buy the company report.
Auditor
Drogevate Solutions Private Limited is audited by S.S Gupta & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S Gupta & Co. | FY 2022 | 005906C |
Shareholding
The shareholding of Drogevate Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Drogevate Solutions Private Limited, buy the company report.
Deals & funding
Drogevate Solutions Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in October 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: Pinnaxis IT Solutions and Consulting Private Limited Seller: 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Jun 2019 | Funding round | ₹19 Lakh | Investors: 3 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Drogevate Solutions 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 Drogevate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drogevate Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCD5353A1ZX | Uttar Pradesh | Active | 12 Apr 2019 |
To see the full GST registrations and return filing status of Drogevate Solutions Private Limited, buy the company report.
Recent activity
Drogevate Solutions Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Syed Akbar Ali ceased to be Director on 19 Jun 2021.
Frequently asked questions
Drogevate Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 February 2018 (8+ years old) and is registered under CIN U72900DL2018PTC329157.
Drogevate Solutions has 5 current directors:
- Anil Prasad Bansal - Director
- Saurabh Goyal - Director
- Bhagwati Prasad Goyal - Director
- Subhash Chandra Bansal - Director
- Nida Fatima - Director
The latest financial statements of Drogevate Solutions 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 2018 are in the company report.
The GSTIN of Drogevate Solutions is 09AAGCD5353A1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Drogevate Solutions is U72900DL2018PTC329157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drogevate Solutions was incorporated on 06 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Drogevate Solutions has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in October 2020.
The peers of Drogevate Solutions by revenue are Rail Autocom Technologies Private Limited, Vyusync Design Solutions Private Limited, Visicube Technologies Private Limited, Statron India Private Limited, Candour Communications Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Syed Akbar Ali ceased to be Director on 19 Jun 2021. Saurabh Goyal was appointed as Director on 16 Nov 2019. Anil Prasad Bansal ceased to be Additional Director on 31 Aug 2019. Drogevate Solutions has 8 board changes on record in total.
Yes, Drogevate Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Drogevate Solutions can be reached through the website drogevate.com. Its registered office is in New Delhi, Delhi, India.