Overdrive Electric Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Bangalore, Karnataka, India, established in 2015.
2015 Bangalore, Karnataka, India Struck Off
Last Updated:
Access Report
About Overdrive Electric Private Limited

Overdrive Electric Private Limited, a struck off private limited company, was established on 12 March 2015 in Bangalore, Karnataka, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U31501KA2015PTC079221. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Its leadership includes Mohit Kumar Mittal (Director), Ramesh Srinivasan (Director). It holds ₹4.50 M open charges and ₹4.50 M settled loans. Its latest AGM occurred on 25 August 2024, with the balance sheet filed on 31 March 2024. It is based at 508, Esteem Classic Apartments No 147/A Industrial Suburb 1St Stage Rajajinagar, Bangalore, Karnataka, 560022.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31501KA2015PTC079221

  • Registration Number

    079221

  • Incorporation Date

    12 March 2015

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 M
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth **** 60.44%
  • Profit Growth **** -49.76%
  • Ebitda **** 25.77%
  • Net Worth -151.95%
  • Total Assets -53.48%
Company report

Overdrive Electric Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Overdrive Electric Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Overdrive Electric Private Limited?
Current Directors
Name Designation Appointment Date Status
Mohit Kumar Mittal Director 12 Mar 2015 Current
Ramesh Srinivasan Director 12 Mar 2015 Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Overdrive Electric.

Overdrive Electric Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 60.44% increase. The company also saw a substantial fall in profitability, with a 49.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 151.95%.

Overdrive Electric revenue growth over time
Overdrive Electric profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 60.44%
*******
*******
*******
*******
Revenue from Operations
*******
 60.04%
*******
*******
*******
*******
Total Assets
*******
 -53.48%
*******
*******
*******
*******
Profit or Loss
*******
 -49.76%
*******
*******
*******
*******
Net Worth
*******
 -151.95%
*******
*******
*******
*******
EBITDA
*******
 25.77%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Overdrive Electric?

In 2019, Overdrive Electric had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹4,500,000.00

Satisfied Charges

₹4,500,000.00

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 0.45 Cr
Latest Charge Details
Date Lender Amount Status
10 Oct 2017 Indian Overseas Bank ₹4.50 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Overdrive Electric?

Unlock and access historical data on people associated with Overdrive Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Overdrive Electric, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Overdrive Electric's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Overdrive Electric
Recent Activity within the Organization
  • Charges

    A charge registered on 10 Oct 2017 via Charge ID 100147979 with Indian Overseas Bank was fully satisfied on 10 Nov 2024. was recorded as a recent event.

  • Annual General Meeting

    Overdrive Electric Private Limited last Annual general meeting of members was held on 25 Aug 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Overdrive Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge with Indian Overseas Bank amounted to Rs. 4.50 M with Charge ID 100147979 was registered on 10 Oct 2017. was documented.

  • Director Appointment

    Progress on Mohit Kumar Mittal was appointed as a Director was appointed as a Director on 12 Mar 2015 & has been associated with this company since 10 years 11 months . was documented.

  • Director Appointment

    Progress on Ramesh Srinivasan was appointed as a Director was appointed as a Director on 12 Mar 2015 & has been associated with this company since 10 years 11 months . was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Overdrive Electric Private Limited?

The CIN of Overdrive Electric Private Limited is U31501KA2015PTC079221.

Where is Overdrive Electric Private Limited headquartered?

Overdrive Electric Private Limited is headquartered at 508, Esteem Classic Apartments No 147/A Industrial Suburb 1St Stage Rajajinagar, Bangalore, Karnataka, 560022.

When was Overdrive Electric Private Limited incorporated?

Overdrive Electric Private Limited was incorporated on 12 March 2015.

Who are the current directors of Overdrive Electric Private Limited?

The current directors of Overdrive Electric Private Limited are

What is the primary industry of Overdrive Electric Private Limited?

The primary industry of Overdrive Electric Private Limited is Manufacturing.

Is Overdrive Electric Private Limited a listed company?

Overdrive Electric Private Limited is unlisted.

What is the capital structure of Overdrive Electric Private Limited?

The authorized capital of Overdrive Electric Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Overdrive Electric Private Limited?

The compliance status of Overdrive Electric Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available