About Drove Security Solution Private Limited
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Drove Security Solution Private Limited is a private limited company based in Jamshedpur, Jharkhand, India, recognised as a startup by DPIIT. It operates in the security and surveillance segment of the business services sector. It was incorporated on 26 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U74999JH2015PTC003234. Its GSTIN is 20AAFCD4994G1ZP (Jharkhand).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajaram Mishra and Lallan Rai Prasad.
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 6 Road No – 4 Zone No – 9 Birsanagar Jamshedpur, Jharkhand, India – 831004.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.26 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹48.04 Lakh (net margin 2.5%) and EBITDA of ₹78.2 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 56% over five years.
The company has about 1,233 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Drove Security. As per MCA filings, the company has open charges of ₹3.62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drovesecurity.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address6 Road No – 4 Zone No – 9 Birsanagar Jamshedpur, Jharkhand, India – 831004
- IndustryBusiness Services, Security & Surveillance
- 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
- One PDF report, delivered after checkout
Associated Brands with Drove Security Solution Private Limited
Drove Security Solution operates one associated brand: Drove Security. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security services including guarding, training, and consultancy across India. | drovesecurity.com |
Business Activity of Drove Security Solution Private Limited
The main business activity of Drove Security Solution is support service to organizations. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Drove Security Solution Private Limited
Drove Security Solution Private Limited is audited by AVINASH KUMAR SINHA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AVINASH KUMAR SINHA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Drove Security Solution Private Limited
Drove Security Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajaram Mishra | Director | 26 Oct 2015 | 10 Years 11 Months | Current |
| Lallan Rai Prasad | Director | 26 Oct 2015 | 10 Years 11 Months | Current |
Financials of Drove Security Solution Private Limited FY 2025 filings available
Drove Security Solution Private Limited reported revenue of ₹19.26 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Drove Security Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 52% growth in the latest year. EBITDA rose 62% 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 of Drove Security Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹78.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.04 Lakh | •••• | •••• | •••• | •••• |
| 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 Drove Security Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Drove Security Solution are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Drove Security Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Drove Security Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2024 | Others | ₹2.2 Cr | Open |
| 28 Jan 2021 | Axis Bank Limited | ₹1.42 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Drove Security Solution Private Limited
Drove Security Solution Private Limited has a workforce of 1,233 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Drove Security Solution Private Limited
Drove Security Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAFCD4994G1ZP | Jharkhand | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Drove Security Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Drove Security Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Drove Security Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Drove Security Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Drove Security Solution Private Limited
Frequently Asked Questions about Drove Security Solution Private Limited
Drove Security Solution is an active private limited company based in Jamshedpur, Jharkhand, India. The company works in security and surveillance, within the business services industry. It was incorporated on 26 October 2015 (11+ years old) and is registered under CIN U74999JH2015PTC003234.
Drove Security Solution reported revenue of ₹19.26 Cr for FY 2024 (up 52% YoY).
Drove Security Solution has 2 current directors:
- Rajaram Mishra - Director
- Lallan Rai Prasad - Director
Drove Security Solution reported a net profit of ₹48.04 Lakh (net margin 2.5%) and EBITDA of ₹78.2 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drove Security Solution is 45% over three years and 56% over five years. In the latest year (FY 2024) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Drove Security Solution is 20AAFCD4994G1ZP, registered in Jharkhand.
The CIN (Corporate Identification Number) of Drove Security Solution is U74999JH2015PTC003234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drove Security Solution was incorporated on 26 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ranchi.
Yes, Drove Security Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).