Rove Network and Operations Private Limited

Rove Network and Operations Private Limited - e-commerce in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U63030HR2017PTC067019 Incorporated 10 January 2017 ROC Delhi HQ Gurgaon, Haryana, India
Active Private Limited Company e-commerce DPIIT Startup
Data last updated
Revenue · FY 2021
₹49.45 Lakh
▼ 50% YoY
Net profit · FY 2021
₹23.54 Lakh
Net margin 47.6%
EBITDA · FY 2021
₹79,859
EBITDA margin 1.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
2
of 4 registered

About Rove Network and Operations Private Limited

Data last updated:

Rove Network and Operations Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 10 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63030HR2017PTC067019. Its GSTIN is 36AAICR1047F1ZJ (Telangana). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raj Parolia and Saksham Harivyasi.

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 Basement Of Plot No. 10 Block – A Rosewood City Sector – 49, Gurgaon, Haryana, India – 122018.

As per the financials filed for FY 2021, the company reported a revenue of ₹49.45 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹23.54 Lakh (net margin 47.6%) and EBITDA of ₹79,859 (EBITDA margin 1.6%).

The company is associated with 1 brand: Rove India. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rove-india.com.

Company details

CIN U63030HR2017PTC067019
Registration Number 067019
Incorporation Date 10 January 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Raj Parolia Director Saksham Harivyasi Director

Recognitions & Rankings of Rove Network and Operations

DPIIT recognised startup Government of India
Startup India

Contact details

Rove Network and Operations Private Limited's registered office is in Gurgaon, Haryana. Its website is rove-india.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    rove-india.com
  • Registered Address
    Basement Of Plot No. 10 Block – A Rosewood City Sector – 49, Gurgaon, Haryana, India – 122018
  • Industry
    E-Commerce, Online Automotive Platforms

To see the full contact details of Rove Network and Operations Private Limited, buy the company report.

Comprehensive company report
Rove Network and Operations 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

Rove Network and Operations operates one associated brand: Rove India. Each brand links to its own profile.

BrandDescriptionWebsite
Rove India
Offers an app-based electric car rental service for convenient urban mobility.gorove.in

Financials of Rove Network and Operations Private Limited

FY 2025 filings available

Rove Network and Operations Private Limited reported revenue of ₹49.45 Lakh (down 50% YoY) for FY 2021.

Revenue · FY 2021
₹49.45 Lakh ▼ 50%
Net profit · FY 2021
₹23.54 Lakh margin 47.6%
EBITDA · FY 2021
₹79,859 margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 50%

Revenue fell 50% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹49.45 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹79,859
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.54 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin1.6%
Net Profit Margin47.6%
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 Rove Network and Operations Private Limited, buy the company report.

Board of directors of Rove Network and Operations Private Limited

Rove Network and Operations has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Raj Parolia
Also directs: Scoot Cars LLP, Vars Tradelink LLP
Director10 Jan 20179 Years 10 MonthsCurrent
Saksham Harivyasi
Also directs: Scoot Cars LLP, Yashvi Buildtech LLP, Greymatter Ventures Private Limited and 3 more
Director10 Jan 20179 Years 10 MonthsCurrent
View all directors

Auditor

Rove Network and Operations Private Limited is audited by T A G & COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
T A G & COMPANYFY 2021017747S

Shareholding

The shareholding of Rove Network and Operations Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rove Network and Operations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rove Network and Operations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rove Network and Operations has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
36AAICR1047F1ZJTelanganaActive29 May 2019
36AAICR1047F1CUTelanganaActive13 Jan 2020

To see the full GST registrations and return filing status of Rove Network and Operations Private Limited, buy the company report.

Recent activity

Rove Network and Operations Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Raj Parolia was appointed as Director on 10 Jan 2017.

AGM
Rove Network And Operations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rove Network And Operations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Raj Parolia was appointed as Director.
Appointed
Saksham Harivyasi was appointed as Director.
Incorporation
10 Jan 2017
Rove Network And Operations Private Limited was registered on 10 Jan 2017 with Roc Delhi & aged 9 years 10 months as per MCA records.

Frequently asked questions

Rove Network and Operations is an active private limited company based in Gurgaon, Haryana, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 10 January 2017 (9+ years old) and is registered under CIN U63030HR2017PTC067019.

Rove Network and Operations has 2 current directors:

The latest financial statements of Rove Network and Operations 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 FY 2017 are in the company report.

The GSTIN of Rove Network and Operations is 36AAICR1047F1ZJ, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAICR1047F1CU (Telangana).

The CIN (Corporate Identification Number) of Rove Network and Operations is U63030HR2017PTC067019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rove Network and Operations has 7 court cases on record: 7 filed by the company. 3 are pending.

Rove Network and Operations was incorporated on 10 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

Raj Parolia was appointed as Director on 10 Jan 2017. Saksham Harivyasi was appointed as Director on 10 Jan 2017.

Yes, Rove Network and Operations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Rove Network and Operations can be reached through the website rove-india.com. Its registered office is in Gurgaon, Haryana, India.