Green Drive Auto Services Private Limited

Green Drive Auto Services Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U50400KA2020PTC141066 Incorporated 16 November 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹25.97 Cr
▲ 50% YoY
Net profit · FY 2025
₹50.14 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹3.85 Cr
EBITDA margin 14.8%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹17.11 Cr
Satisfied ₹4.5 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
35
Provident fund records

About Green Drive Auto Services Private Limited

Data last updated:

Green Drive Auto Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 16 November 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50400KA2020PTC141066. Its GSTIN is 29AAICG6705B1ZQ (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Ala Harikrishna (Managing Director) and Prathusha Arugunta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.97 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹50.14 Lakh (net margin 1.9%) and EBITDA of ₹3.85 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.

The company has about 35 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Greendrive Motors and Green Drive Mobility. As per MCA filings, the company has open charges of ₹17.11 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.

Green Drive Auto Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070140). For more details, the company can be reached via its website greendrivemobility.com.

Company details

CIN U50400KA2020PTC141066
Registration Number 141066
Incorporation Date 16 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-KR-03-0070140

Recognitions & Rankings of Green Drive Auto Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0070140

Contact details

Green Drive Auto Services Private Limited's registered office is in Bangalore, Karnataka. Its website is greendrivemobility.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 52/2 Hebbagodi Opposite Huskur Gate, Electronic City Post Hosur Main Road, Bangalore, Karnataka, India – 560100
  • Industry
    Transport and Logistics, Ride-Hailing Services

To see the full contact details of Green Drive Auto Services Private Limited, buy the company report.

Comprehensive company report
Green Drive Auto Services Private Limited - one report that includes everything
  • 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
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Brands

Green Drive Auto Services operates two associated brands: Greendrive Motors and Green Drive Mobility. Each brand links to its own profile.

BrandDescriptionWebsite
Sells and services Okinawa electric scooters in Indian cities like Bangalore and Hyderabad.greendrivemotors.com
Operates an online platform for renting electric two-wheelers tailored for delivery professionals.greendrivemobility.com

Business activity

The main business activities of Green Drive Auto Services are trade and transport and storage. In detail, this covers retail trading and postal & courier activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
HTransport and storageH7Postal & Courier activities

To see the full business activity and turnover split of Green Drive Auto Services Private Limited, buy the company report.

Financials of Green Drive Auto Services Private Limited

FY 2024 filings available

Green Drive Auto Services Private Limited reported revenue of ₹25.97 Cr (up 50% YoY) for FY 2025.

Revenue · FY 2025
₹25.97 Cr ▲ 50%
Net profit · FY 2025
₹50.14 Lakh margin 1.9%
EBITDA · FY 2025
₹3.85 Cr margin 14.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 132%

Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 50% growth in the latest year. EBITDA rose 69% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.85 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹50.14 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.8%
Net Profit Margin1.9%
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 Green Drive Auto Services Private Limited, buy the company report.

Board of directors of Green Drive Auto Services Private Limited

Green Drive Auto Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prathusha AruguntaDirector16 Nov 20205 Years 11 MonthsCurrent
Ala HarikrishnaManaging Director16 Nov 20205 Years 11 MonthsCurrent

Auditor

Green Drive Auto Services Private Limited is audited by Lata Nagaraj Bhagwat for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Lata Nagaraj BhagwatFY 2024221666

Shareholding

The shareholding of Green Drive Auto Services Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Green Drive Auto Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹17.11 Cr
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
Others₹15.00 Cr
Axis Bank Limited₹1.98 Cr
Hdfc Bank Limited₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Oct 2025101206921Axis Bank Limited₹73.16 LakhOpen
28 Sep 2025101192254Axis Bank Limited₹1.24 CrOpen
21 May 2025101106112Others₹12.5 CrOpen
21 May 2025101106115Others₹2.5 CrOpen
27 Mar 2024100913812Hdfc Bank Limited₹13.64 LakhOpen

To see the full charge records of Green Drive Auto Services Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Green Drive Auto Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Green Drive Auto Services Private Limited has a workforce of 35 employees on its EPFO records as of Feb 13, 2025, across 1 active EPFO establishment.

Employee count
35
Active EPFO establishments
1
Employee growth
-10.26%

GST

Green Drive Auto Services has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAICG6705B1ZQKarnatakaActive30 Nov 2020
36AAICG6705B1ZVTelanganaActive20 Jan 2022
33AAICG6705B1Z1Tamil NaduActive26 Mar 2024
37AAICG6705B1ZTAndhra PradeshActive23 Dec 2024

To see the full GST registrations and return filing status of Green Drive Auto Services Private Limited, buy the company report.

Recent activity

Green Drive Auto Services Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ala Harikrishna ceased to be Director on 01 Apr 2025.

Charges
A charge with Others of Rs. 12.50 Cr registered on 21 May 2025 with Charge ID 101106112 was modified on 27 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.73 Cr with Charge ID 101206921 was registered on 16 Oct 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.24 Cr with Charge ID 101192254 was registered on 28 Sep 2025.
Charges
A charge registered on 07 Dec 2024 via Charge ID 101013666 with Others was fully satisfied on 03 Jun 2025.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101106115 was registered on 21 May 2025.
Charges
A charge with Others amounted to Rs. 12.50 Cr with Charge ID 101106112 was registered on 21 May 2025.
Ceased
Ala Harikrishna ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 101013666 was registered on 07 Dec 2024.
AGM
Green Drive Auto Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Green Drive Auto Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100913812 was registered on 27 Mar 2024.
Appointed
Ala Harikrishna was appointed as Managing Director.

2 earlier events are in the company report.

Frequently asked questions

Green Drive Auto Services is an active private limited company based in Bangalore, Karnataka, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 16 November 2020 (6+ years old) and is registered under CIN U50400KA2020PTC141066.

Green Drive Auto Services has 2 current directors:

The latest financial statements of Green Drive Auto Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Green Drive Auto Services is 29AAICG6705B1ZQ, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 36AAICG6705B1ZV (Telangana), 33AAICG6705B1Z1 (Tamil Nadu), 37AAICG6705B1ZT (Andhra Pradesh).

The CIN (Corporate Identification Number) of Green Drive Auto Services is U50400KA2020PTC141066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Green Drive Auto Services has 4 court cases on record: 4 filed against it. 2 are pending.

Green Drive Auto Services was incorporated on 16 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Ala Harikrishna ceased to be Director on 01 Apr 2025. Ala Harikrishna was appointed as Managing Director on 16 Nov 2020. Prathusha Arugunta was appointed as Director on 16 Nov 2020.

Yes, Green Drive Auto Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0070140).

Green Drive Auto Services can be reached through the website greendrivemobility.com. Its registered office is in Bangalore, Karnataka, India.