MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-08-0063703
Drop Cabs Private Limited - transport and logistics in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹6.06 Lakh
▲ 474% YoY
Net profit · FY 2024
₹16,547
Net margin 2.7%
EBITDA · FY 2024
₹16,547
EBITDA margin 2.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Drop Cabs Private Limited
Data last updated:
Drop Cabs Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 05 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2021PTC145315. Its GSTIN is 33AAICD6690G1ZI (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Sureshkumar Thangavel and Udaiyannan Thangavel.
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 No.20 Periyar Street Sanatorium, Chennai, Tamil Nadu, India – 600047.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16,547 (net margin 2.7%) and EBITDA of ₹16,547 (EBITDA margin 2.7%).
The company is associated with 3 brands: Drop Taxi Service, Drop Cabs and DropCabs. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Drop Cabs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0063703). For more details, the company can be reached via its website dropcabs.in.
Company Details of Drop Cabs Private Limited
CIN U63030TN2021PTC145315
Registration Number 145315
Incorporation Date 05 August 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0063703
Recognitions & Rankings of Drop Cabs
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Apps
- Registered AddressNo.20 Periyar Street Sanatorium, Chennai, Tamil Nadu, India – 600047
- IndustryTransport and Logistics, Ride-Hailing Services
Comprehensive company report
Drop Cabs Private Limited - one report that includes everything
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Associated Brands with Drop Cabs Private Limited
Drop Cabs operates multiple associated brands including Drop Taxi Service, Drop Cabs, and DropCabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online taxi bookings for outstation trips, round trips, and city rentals in India. | droptaxiservice.info | |
| Offers affordable one-way cab services for outstation travel in South India. | dropcabs.in | |
| Operates an on-demand taxi hailing application to connect users with drivers efficiently. | dropcabs.com |
Business Activity of Drop Cabs Private Limited
The main business activity of Drop Cabs is support service to organizations. In detail, this covers travel agency and tour operators.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Drop Cabs Private Limited FY 2025 filings available
Drop Cabs Private Limited reported revenue of ₹6.06 Lakh (up 474% YoY) for FY 2024.
Revenue · FY 2024
₹6.06 Lakh ▲ 474%
Net profit · FY 2024
₹16,547 margin 2.7%
EBITDA · FY 2024
₹16,547 margin 2.7%
Compounded Annual Growth Rate (CAGR) of Drop Cabs Private Limited
Revenue CAGR growth
1 year
▲ 474%
EBITDA CAGR growth
1 year
▲ 426%
Revenue rose 474% in the latest year. EBITDA rose 426% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Drop Cabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹16,547 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16,547 | •••• | •••• |
| 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 of Drop Cabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.7% | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Drop Cabs are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
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Board of Directors of Drop Cabs Private Limited
Drop Cabs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Thangavel | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
| Udaiyannan Thangavel | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
Peer Comparison of Drop Cabs Private Limited
Drop Cabs Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jennifer Tours and Travels Private Limited | ₹6.48 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Bangalore, Karnataka, India |
| Pick IT Up Asap Private Limited | ₹6.38 Lakh (FY 2021) | •••• | •••• | 1297.0% | •••• | Hyderabad, Telangana, India |
| GTS Cab Service (OPC) Private Limited | ₹6.37 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Delhi, India |
| Pro Yatra Ways Private Limited | ₹6.34 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | New Delhi, Delhi, India |
| Garjiya Travels Private Limited | ₹6.29 Lakh (FY 2018) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Drop Cabs Private Limited this company | ₹6.06 Lakh (FY 2024) | •••• | •••• | 474.0% | •••• | Chennai, Tamil Nadu, India |
| High Growth Marketing Pvt Ltd | ₹6 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Sabind Investments Pvt. Ltd | ₹5.89 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Jamshedpur, Jharkhand, India |
| Om Tourist Taxi Services Private Limited | ₹5.87 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Gurgaon, Haryana, India |
| Kwick Websolution Private Limited | ₹5.74 Lakh (FY 2024) | •••• | •••• | 27650.0% | •••• | Ahmedabad, Gujarat, India |
| Shravani Enterprises (India) Private Limited | ₹5.71 Lakh (FY 2018) | •••• | •••• | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Drop Cabs by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Drop Cabs Private Limited
Drop Cabs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Drop Cabs Private Limited
Drop Cabs Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked on 02 Oct 2026.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Sanviv Service Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Sanviv Service Private Limited | Disposed |
| Madras High Court | Appeal | Filed against the company by Sanviv Service Private Limited | Disposed |
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Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Drop Cabs Private Limited
Employment history and EPFO contributions of people linked to Drop Cabs.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Drop Cabs Private Limited
Drop Cabs Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Sureshkumar Thangavel was appointed as Director on 05 Aug 2021.
AGM
Drop Cabs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Drop Cabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Sureshkumar Thangavel was appointed as Director.
Appointed
Udaiyannan Thangavel was appointed as Director.
Incorporation
05 Aug 2021
Drop Cabs Private Limited was registered on 05 Aug 2021 with Roc Chennai & aged 5 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Drop Cabs Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Drop Cabs Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Drop Cabs Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Drop Cabs Private Limited
Drop Cabs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICD6690G1ZI | Tamil Nadu | Active | 28 Jun 2022 |
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MCA Filings & Documents of Drop Cabs Private Limited
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MCA filings and documents
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Frequently Asked Questions about Drop Cabs Private Limited
Drop Cabs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 05 August 2021 (5+ years old) and is registered under CIN U63030TN2021PTC145315.
Drop Cabs reported revenue of ₹6.06 Lakh for FY 2024 (up 474% YoY).
Drop Cabs has 2 current directors:
- Sureshkumar Thangavel - Director
- Udaiyannan Thangavel - Director
Drop Cabs reported a net profit of ₹16,547 (net margin 2.7%) and EBITDA of ₹16,547 (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Drop Cabs is 33AAICD6690G1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Drop Cabs is U63030TN2021PTC145315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drop Cabs has 5 court cases on record: 5 filed against it. 1 is pending.
Drop Cabs was incorporated on 05 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Drop Cabs by revenue are Jennifer Tours and Travels Private Limited, Pick IT Up Asap Private Limited, GTS Cab Service (OPC) Private Limited, Pro Yatra Ways Private Limited, Garjiya Travels Private Limited and 5 more, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services).
Sureshkumar Thangavel was appointed as Director on 05 Aug 2021. Udaiyannan Thangavel was appointed as Director on 05 Aug 2021.
Yes, Drop Cabs is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0063703).