Dropshop Network Private Limited - Company Profile

It is a e-commerce private limited company based in Bengaluru, Karnataka, India, established in 2019.
2019 Bengaluru, Karnataka, India Active
Last Updated:
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About Dropshop Network Private Limited

Dropshop Network Private Limited, a active private limited company, was established on 09 May 2019 in Bengaluru, Karnataka, India. Engaging in general e-commerce platforms within the information and communication sector, it holds CIN: U72900KA2019PTC124212. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.06 M and a paid-up capital of ₹0.23 M.

It upholds a compliant status. Employing 14 professional, Its leadership includes Somarajasatya Vijjapu Raviteja (Director), Rohit Walter Fernandes (Director). Past directors included Udit Dhawan, Somarajasatya Vijjapu Raviteja, Nandan Venkatachalam. It holds no open charges and ₹6.40 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 11, 1St Cross,5Th A Block Koramangala, Bengaluru, Karnataka, 560095.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900KA2019PTC124212

  • Registration Number

    124212

  • Incorporation Date

    09 May 2019

  • Authorized Capital

    ₹1.06 M

  • Paid-Up Capital

    ₹0.23 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.06 M
  • Paid Up Capital ₹ 0.23 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.40 Cr
  • Revenue Growth **** -52.66%
  • Profit Growth **** 38.15%
  • Ebitda **** 38.25%
  • Net Worth 1176.59%
  • Total Assets **** 461.02%
Company report

Dropshop Network Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Dropshop Network Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Dropshop Network Private Limited?
Current Directors
Name Designation Appointment Date Status
Somarajasatya Vijjapu Raviteja Director 22 Apr 2021 Current
Rohit Walter Fernandes Director 09 May 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 03 Jan 2020 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Additional Director 20 Jul 2022 Past
Pramod Abcsdd Director 05 Sep 2019 Past

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Financial Performance of Dropshop Network.

Dropshop Network Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.66% decrease. The company also saw a substantial improvement in profitability, with a 38.15% increase in profit. The company's net worth Soared by an impressive increase of 1176.59%.

Dropshop Network revenue growth over time
Dropshop Network profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -52.66%
*******
*******
*******
*******
Revenue from Operations
*******
 -53.41%
*******
*******
*******
*******
Total Assets
*******
 461.02%
*******
*******
*******
*******
Profit or Loss
*******
 38.15%
*******
*******
*******
*******
Net Worth
*******
 1176.59%
*******
*******
*******
*******
EBITDA
*******
 38.25%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Dropshop Network?

In 2023, Dropshop Network had a promoter holding of 95.55% and a public holding of 4.46%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹64,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 6.40 Cr
Latest Charge Details
Date Lender Amount Status
20 Sep 2021 Others ₹1.00 Cr Satisfied
21 Sep 2020 Others ₹1.50 Cr Satisfied
10 Mar 2020 Others ₹6.00 M Satisfied
24 Feb 2020 Others ₹3.30 Cr Satisfied

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How Many Employees Work at Dropshop Network?

Dropshop Network has a workforce of 14 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dropshop Network, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Dropshop Network's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Dropshop Network
Recent Activity within the Organization
  • Annual General Meeting

    The activity Dropshop Network Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Charges

    A charge registered on 20 Sep 2021 via Charge ID 100488882 with Others was fully satisfied on 28 Sep 2023. was recorded as a recent event.

  • Balance Sheet

    Dropshop Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 21 Sep 2020 via Charge ID 100374092 with Others was fully satisfied on 26 Oct 2021. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 M with Charge ID 100488882 was registered on 20 Sep 2021. was completed.

  • Director Appointment

    The activity Somarajasatya Vijjapu Raviteja was appointed as a Director was appointed as a Director on 22 Apr 2021 & has been associated with this company since 4 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Dropshop Network Private Limited?

The CIN of Dropshop Network Private Limited is U72900KA2019PTC124212.

Where is Dropshop Network Private Limited headquartered?

Dropshop Network Private Limited is headquartered at 11, 1St Cross,5Th A Block Koramangala, Bengaluru, Karnataka, 560095.

When was Dropshop Network Private Limited incorporated?

Dropshop Network Private Limited was incorporated on 09 May 2019.

Who are the current directors of Dropshop Network Private Limited?

The current directors of Dropshop Network Private Limited are

What is the primary industry of Dropshop Network Private Limited?

The primary industry of Dropshop Network Private Limited is Information And Communication.

Is Dropshop Network Private Limited a listed company?

Dropshop Network Private Limited is unlisted.

What is the capital structure of Dropshop Network Private Limited?

The authorized capital of Dropshop Network Private Limited is ₹1.06 M, and the paid-up capital is ₹0.23 M.

What is the compliance status of Dropshop Network Private Limited?

The compliance status of Dropshop Network Private Limited is Compliant.

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