About Drspallet India Private Limited
Data last updated: 12 March 2026
Drspallet India Private Limited is a foreign private limited company based in Penukonda, Andhra Pradesh, India, a subsidiary of Drs Co Ltd. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 26 February 2018, the company has been in operation for over 8 years.
Registered with ROC Vijayawada under CIN U74999AP2018FTC107706.
Capital: an authorised share capital of ₹5.88 Cr and a paid-up capital of ₹5.88 Cr. It is led by directors Jecheol Jeon and Dukgi Kim.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No Udl – 3 Kia Adjacent Industrial Park Sy No 380 – 2 To 4 Erramanchi Village, Penukonda, Andhra Pradesh, India – 515164.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.22 Cr, a growth of 34% compared to the previous year.
The company has a workforce of approximately 9 employees as per the latest available data. It operates as a subsidiary of Drs Co Ltd.
As per MCA filings, the company has open charges of ₹8 Cr on record.
For more details, the company can be reached via its website drs.co.kr.
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Registered AddressPlot No Udl – 3 Kia Adjacent Industrial Park Sy No 380 – 2 To 4 Erramanchi Village, Penukonda, Andhra Pradesh, India – 515164
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Drspallet India Private Limited
Drspallet India Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | Locked |
Business activity turnover details for Drspallet India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Drspallet India Private Limited
Drspallet India Private Limited is audited by M G KRISHNA AND ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M G KRISHNA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Drspallet India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Drspallet India Private Limited
Drspallet India Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jecheol Jeon | Director | 26 Feb 2018 | 8 Years 5 Months | Current |
| Dukgi Kim | Director | 24 Jul 2024 | 2 Years 0 Months | Current |
Financials of Drspallet India Private Limited FY 2025 filings available
Drspallet India Private Limited reported revenue of ₹15.22 Cr (up 34.00% YoY) for FY 2025.
Ten-year financial statements for Drspallet India Private Limited
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Ownership and Shareholding of Drspallet India Private Limited
Shareholding and ownership data for Drspallet India Private Limited
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Charges & Borrowings of Drspallet India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2022 | Industrial Bank of Korea | ₹8 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Drspallet India Private Limited
Drspallet India Private Limited has a workforce of 9 employees as of Mar 31, 2024.
Employee and EPFO history for Drspallet India Private Limited
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GST Compliance of Drspallet India Private Limited
GST registrations and filing compliance for Drspallet India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Drspallet India Private Limited
Credit ratings, litigation, and regulatory alerts for Drspallet India Private Limited
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MSME Payment Delays by Drspallet India Private Limited
MSME payment history for Drspallet India Private Limited
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Subsidiaries & Group Companies of Drspallet India Private Limited
Corporate group structure for Drspallet India Private Limited
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MCA Filings & Documents of Drspallet India Private Limited
MCA filings and documents for Drspallet India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Drspallet India Private Limited
Frequently Asked Questions about Drspallet India Private Limited
Drspallet India Private Limited is an active foreign private limited company in the automotive sector based in Penukonda, Andhra Pradesh, India. It was incorporated on 26 February 2018 (8+ years old) and is registered under CIN U74999AP2018FTC107706. The company has 9 employees.
Drspallet India Private Limited reported revenue of ₹15.22 Cr for FY 2025 (up 34.00% YoY).
The current directors of Drspallet India Private Limited are:
- Jecheol Jeon - Director
- Dukgi Kim - Director
The primary industry of Drspallet India Private Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Drspallet India Private Limited can be reached at the registered office: Plot No Udl – 3 Kia Adjacent Industrial Park Sy No 380 – 2 To 4 Erramanchi Village, Penukonda, Andhra Pradesh, India – 515164, or through the website drs.co.kr.
The authorised capital is ₹5.88 Cr, and the paid-up capital is ₹5.88 Cr.