MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0081602
Indian Rides Private Limited - transport and logistics in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.26 Cr
▲ 31% YoY
Net profit · FY 2024
₹5.57 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹12.97 Lakh
EBITDA margin 5.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹1.33 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Indian Rides Private Limited
Data last updated:
Indian Rides Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 10 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U55101RJ2008PTC026335. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as India World Travel Private Limited. It is led by directors Gopika Singh and Narendra Singh Nirvan.
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 E – 52 Near Defense Public School Amrapali Marg Vaishali Nagar, Jaipur, Rajasthan, India – 302021.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.26 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹5.57 Lakh (net margin 2.5%) and EBITDA of ₹12.97 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 215% over three years and 14% over five years.
The company is associated with 1 brand: Indian Rides. As per MCA filings, the company has open charges of ₹1.33 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
Indian Rides Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0081602). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianrides.com.
Company details
CIN U55101RJ2008PTC026335
Registration Number 026335
Incorporation Date 10 April 2008
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0081602
Name history
Indian Rides has undergone 3 name changes throughout its history. The company was previously known as India World Travel Private Limited, Indian Rides Private Limited, and Nirwana Leisure Inn Private Limited. The current legal name is Indian Rides Private Limited.
| Company Name | Status |
|---|---|
| Indian Rides Private Limited | Current |
| India World Travel Private Limited | Previous |
| Nirwana Leisure Inn Private Limited | Previous |
Recognitions & Rankings of Indian Rides
Contact details
Indian Rides Private Limited's registered office is in Jaipur, Rajasthan. Its website is indianrides.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 52 Near Defense Public School Amrapali Marg Vaishali Nagar, Jaipur, Rajasthan, India – 302021
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Indian Rides Private Limited, buy the company report.
Comprehensive company report
Indian Rides 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
Indian Rides operates one associated brand: Indian Rides. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Motorcycle tours and adventure travel services in India. | indianrides.com |
Business activity
The main business activity of Indian Rides is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Indian Rides Private Limited, buy the company report.
Financials of Indian Rides Private Limited
FY 2025 filings availableIndian Rides Private Limited reported revenue of ₹2.26 Cr (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹2.26 Cr ▲ 31%
Net profit · FY 2024
₹5.57 Lakh margin 2.5%
EBITDA · FY 2024
₹12.97 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 215%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 153%
5 years · compounded
▼ 13%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 31% growth in the latest year. EBITDA fell 4% 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
| 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 | ₹12.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.57 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Indian Rides Private Limited, buy the company report.
Board of directors of Indian Rides Private Limited
Indian Rides has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopika Singh Also directs: Veekayem Fashion and Apparels Limited | Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Narendra Singh Nirvan | Director | 01 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Indian Rides Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vandl Services Private Limited | ₹2.27 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Indian Rides Private Limitedthis company | ₹2.26 Cr (FY 2024) | ₹5.57 Lakh | 2.5% | 31.0% | Jaipur, Rajasthan, India | |
| Fly Lovers Travel Private Limited | ₹2.26 Cr (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Mkpa Manpower and Travel Services Private Limited | ₹2.26 Cr (FY 2024) | 37.0% | Bahraich, Uttar Pradesh, India |
To see the full peer comparison of Indian Rides Private Limited, buy the company report.
Auditor
Indian Rides Private Limited is audited by ASHOK SINGHAL AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK SINGHAL AND COMPANY | FY 2023 | 002082C |
Shareholding
The shareholding of Indian Rides Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indian Rides Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101119184 | Others | ₹55 Lakh | Open | |
| 18 Feb 2025 | 101050157 | Others | ₹26 Lakh | Open | |
| 24 Sep 2019 | 100314827 | Others | ₹10 Lakh | Open | |
| 02 Mar 2017 | 100094077 | Others | ₹5 Lakh | Open | |
| 25 Jan 2017 | 100078725 | Others | ₹6 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Indian Rides Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ajmer, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
| District court, Bikaner, Rajasthan | Criminal case | Filed against the company by State | Disposed |
To see the full case history of Indian Rides Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Rides Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Rides has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Indian Rides Private Limited, buy the company report.
Recent activity
Indian Rides Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Narendra Singh Nirvan was appointed as Director on 01 May 2025.
AGM
Indian Rides Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 55.00 Lakh with Charge ID 101119184 was registered on 15 May 2025.
Appointed
Narendra Singh Nirvan was appointed as Director.
Filing
Indian Rides Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 26.00 Lakh with Charge ID 101050157 was registered on 18 Feb 2025.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100314827 was registered on 24 Sep 2019.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100094077 was registered on 02 Mar 2017.
Charges
A charge with Others amounted to Rs. 6.00 Lakh with Charge ID 100078725 was registered on 25 Jan 2017.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100038126 was registered on 16 Jun 2016.
Charges
A charge with Corporation Bank amounted to Rs. 24.00 Lakh with Charge ID 10608207 was registered on 07 Nov 2015.
Ceased
Narendra Singh Nirvan ceased to be Whole-Time Director.
Appointed
Gopika Singh was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Indian Rides is an active private limited company based in Jaipur, Rajasthan, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 10 April 2008 (18+ years old) and is registered under CIN U55101RJ2008PTC026335.
Indian Rides has 2 current directors:
- Gopika Singh - Director
- Narendra Singh Nirvan - Director
The latest financial statements of Indian Rides on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Indian Rides has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Indian Rides is U55101RJ2008PTC026335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Rides has 4 court cases on record: 4 filed against it.
Indian Rides was incorporated on 10 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Indian Rides by revenue are Vandl Services Private Limited, Fly Lovers Travel Private Limited, Mkpa Manpower and Travel Services Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Narendra Singh Nirvan was appointed as Director on 01 May 2025. Narendra Singh Nirvan ceased to be Whole-Time Director on 01 Nov 2015. Gopika Singh was appointed as Director on 01 Jan 2013. Indian Rides has 5 board changes on record in total.
Yes, Indian Rides is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0081602).
Indian Rides can be reached through the website indianrides.com. Its registered office is in Jaipur, Rajasthan, India.
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