Hire4drive Technology Solutions Private Limited

Hire4drive Technology Solutions Private Limited - transportation in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U74999KA2016PTC092389 Incorporated 19 April 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company transportation
Data last updated
Revenue · FY 2018
₹20.05 Lakh
▲ 107% YoY
Net loss · FY 2018
₹8.49 Lakh
Net margin -42.3%
EBITDA · FY 2018
-₹6.28 Lakh
EBITDA margin -31.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Hire4drive Technology Solutions Private Limited

Data last updated:

Hire4drive Technology Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the land transportation segment of the transportation sector. It was incorporated on 19 April 2016.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC092389. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kishan Kanodia and Sivaramprasad Bolla.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bangalore, Karnataka.

As per the financials filed for FY 2018, the company reported a revenue of ₹20.05 Lakh, a growth of 107% compared to the previous year. For the same year it recorded a net loss of ₹8.49 Lakh (net margin -42.3%) and EBITDA of -₹6.28 Lakh (EBITDA margin -31.3%).

The company was associated with 1 brand: Hire4drive.

The last known website on record is hire4drive.in.

Company details

CIN U74999KA2016PTC092389
Registration Number 092389
Incorporation Date 19 April 2016
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Contact details

Hire4drive Technology Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is hire4drive.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.411 Second Floor 23rd Cross 24th Main Road Opp Parangipalya Bus Stop Hsr Layout Sec, Tor – 2, Bangalore, Karnataka, India – 560102
  • Industry
    Transportation, Land Transportation

To see the full contact details of Hire4drive Technology Solutions Private Limited, buy the company report.

Comprehensive company report
Hire4drive Technology Solutions 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

Hire4drive Technology Solutions operates one associated brand: Hire4drive. Each brand links to its own profile.

BrandDescriptionWebsite
Provides on-demand chauffeur services for convenient transportation.hire4drive.in

Business activity

The main business activity of Hire4drive Technology Solutions is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Hire4drive Technology Solutions Private Limited, buy the company report.

Financials of Hire4drive Technology Solutions Private Limited

FY 2018 filings available

Hire4drive Technology Solutions Private Limited reported revenue of ₹20.05 Lakh (up 107% YoY) for FY 2018.

Revenue · FY 2018
₹20.05 Lakh ▲ 107%
Net loss · FY 2018
₹8.49 Lakh margin -42.3%
EBITDA · FY 2018
-₹6.28 Lakh margin -31.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 107%
EBITDA CAGR growth
1 year
▼ 125%

Revenue rose 107% in the latest year. EBITDA fell 125% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17
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-₹6.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.49 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 2017-18FY 2016-17
Profitability
EBITDA Margin-31.3%
Net Profit Margin-42.3%
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 Hire4drive Technology Solutions Private Limited, buy the company report.

Board of directors of Hire4drive Technology Solutions Private Limited

Hire4drive Technology Solutions has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kishan KanodiaDirector19 Apr 201610 Years 6 MonthsAs last reported
Sivaramprasad BollaDirector19 Apr 201610 Years 6 MonthsAs last reported

Peer comparison

Hire4drive Technology Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bullet Roadlines Private Limited₹20.21 Lakh (FY 2019)-53.0%Kolkata, West Bengal, India
Lavanyabati Minerals Private Limited₹20.2 Lakh (FY 2024)-49.0%Bhubaneswar, Odisha, India
Ganjam Urban Transport Service Limited₹20.15 Lakh (FY 2020)-10.0%Berhampur, Odisha, India
Dadhichi Real Estate & Developer Private Limited₹20.14 Lakh (FY 2022)Rajgangpur, Odisha, India
DRL Express India Private Limited₹20.08 Lakh (FY 2024)305.0%Ghaziabad, Uttar Pradesh, India
Hire4drive Technology Solutions Private Limitedthis company₹20.05 Lakh (FY 2018)-₹8.49 Lakh-42.3%107.0%Bangalore, Karnataka, India
Bjtrans Solutions Private Limited₹20.01 Lakh (FY 2019)Pune, Maharashtra, India
Spinneret Logistics Solutions Private Limited₹20 Lakh (FY 2021)Kumbakonam, Tamil Nadu, India
Krishakti Logistics Private Limited₹19.99 Lakh (FY 2023)Delhi, India
Mda Travels and Transport Private Limited₹19.99 Lakh (FY 2024)0.0%Latur, Maharashtra, India
Sariska Logistics Private Limited₹19.98 Lakh (FY 2025)1.0%Varanasi, Uttar Pradesh, India

To see the full peer comparison of Hire4drive Technology Solutions Private Limited, buy the company report.

Auditor

Hire4drive Technology Solutions Private Limited is audited by SHEKHAR AND SWASTHIK for the financial year 2017.

Auditor firmFinancial yearFirm registration number
SHEKHAR AND SWASTHIKFY 2017016257S

Shareholding

The shareholding of Hire4drive Technology Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hire4drive Technology Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hire4drive Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hire4drive Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Hire4drive Technology Solutions Private Limited, buy the company report.

Recent activity

Hire4drive Technology Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kishan Kanodia was appointed as Director on 19 Apr 2016.

AGM
Hire4Drive Technology Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Hire4Drive Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Appointed
Kishan Kanodia was appointed as Director.
Appointed
Sivaramprasad Bolla was appointed as Director.
Incorporation
19 Apr 2016
Hire4Drive Technology Solutions Private Limited was registered on 19 Apr 2016 with Roc Bangalore & aged 10 years 6 months as per MCA records.

Frequently asked questions

Hire4drive Technology Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Hire4drive Technology Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in land transportation, within the transportation industry. It was incorporated on 19 April 2016 and is registered under CIN U74999KA2016PTC092389. The company has been struck off by the Registrar of Companies and is no longer operational.

Hire4drive Technology Solutions had 2 directors:

The CIN (Corporate Identification Number) of Hire4drive Technology Solutions is U74999KA2016PTC092389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Hire4drive Technology Solutions is at No.411 Second Floor 23rd Cross 24th Main Road Opp Parangipalya Bus Stop Hsr Layout Sec, Tor – 2, Bangalore, Karnataka, India – 560102.

Hire4drive Technology Solutions was incorporated on 19 April 2016. It is registered with the Registrar of Companies, Bangalore.

Hire4drive Technology Solutions can be reached through the website hire4drive.in. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Hire4drive Technology Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.

No. Hire4drive Technology Solutions has 1 GST registration on record and it is cancelled or inactive.

Hire4drive Technology Solutions operated in the transportation industry, in the land transportation segment. It worked in this industry before it was struck off.

The peers of Hire4drive Technology Solutions by revenue are Bullet Roadlines Private Limited, Lavanyabati Minerals Private Limited, Ganjam Urban Transport Service Limited, Dadhichi Real Estate & Developer Private Limited, DRL Express India Private Limited and 5 more, all in the same principal business activity (land transport via road).