About Pureride Technologies Private Limited
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Pureride Technologies Private Limited is a private limited company based in Delhi, India, a subsidiary of Fairnsquare Technologies Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 April 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2022PTC397506. Its GSTIN is 07AAMCP8621M1ZT (Delhi). The company holds 15 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Madan Gopal Banga and Harish Kumar Banga.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B1/H3 Mohan Cooperative Industrial Area Mathura Road Block – B, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,429.44 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 0%) and EBITDA of ₹22.28 Cr (EBITDA margin 0.6%).
The company has about 581 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spinny. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website pureride.in.
Company details
Contact details
Pureride Technologies Private Limited's registered office is in Delhi, Delhi. Its website is pureride.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB1/H3 Mohan Cooperative Industrial Area Mathura Road Block – B, Delhi, India – 110044
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Pureride Technologies Private Limited, buy the company report.
- 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
Brands
Pureride Technologies operates one associated brand: Spinny. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailer of inspected, certified pre-owned vehicles with service and finance options | spinny.com |
Business activity
The main business activity of Pureride Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Pureride Technologies Private Limited, buy the company report.
Financials of Pureride Technologies Private Limited
FY 2025 filings availablePureride Technologies Private Limited reported revenue of ₹3,429.44 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
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| Revenue from Operations | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | ₹22.28 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.57 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | ||
| Net Profit Margin | 0% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Pureride Technologies Private Limited, buy the company report.
Board of directors of Pureride Technologies Private Limited
Pureride Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Gopal Banga | Director | 28 Apr 2022 | 4 Years 6 Months | Current |
| Harish Kumar Banga | Director | 28 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Pureride Technologies Private Limited is compared with the 7 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sai Service Private Limited | ₹4,452.15 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India | |||
| Landmark Cars Limited | ₹4,038.77 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Kataria Automobiles Private Limited | ₹3,545.07 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Pureride Technologies Private Limitedthis company | ₹3,429.44 Cr (FY 2025) | ₹1.57 Cr | 0% | 6.0% | 581 | Delhi, India |
| Indus Motor Company Private Limited | ₹3,367.1 Cr (FY 2025) | 12.0% | Kozhikode, Kerala, India | |||
| Prem Motors Pvt Ltd | ₹2,895.83 Cr (FY 2025) | 0.0% | Gwalior, Madhya Pradesh, India | |||
| My Car (Pune) Private Limited | ₹2,823.45 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Kiran Motors Limited | ₹2,788.77 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India |
To see the full peer comparison of Pureride Technologies Private Limited, buy the company report.
Auditor
Pureride Technologies Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Pureride Technologies Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pureride Technologies Private Limited, buy the company report.
Legal cases
Pureride Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
To see the full case history of Pureride Technologies 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
Pureride Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 13 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prime Parking Services | |||
| DSL Infrastructure and Space Devlopers Private Limited | |||
| Adited Marketing Communications LLP | |||
| an individual supplier |
To see the full MSME payment records of Pureride Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pureride Technologies Private Limited has a workforce of 581 employees on its EPFO records as of Apr 02, 2025, across 1 active EPFO establishment.
GST
Pureride Technologies has 15 GST registrations: 15 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCP8621M1ZT | Delhi | Active | 04 Jul 2022 |
| 33AAMCP8621M1ZY | Tamil Nadu | Active | 22 Jul 2022 |
| 36AAMCP8621M1ZS | Telangana | Active | 22 Jul 2022 |
| 09AAMCP8621M1ZP | Uttar Pradesh | Active | 10 Aug 2022 |
To see the full GST registrations and return filing status of Pureride Technologies Private Limited, buy the company report.
Recent activity
Pureride Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Harish Kumar Banga was appointed as Director on 28 Apr 2022.
Frequently asked questions
Pureride Technologies is an active private limited company based in Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 28 April 2022 (4+ years old) and is registered under CIN U72900DL2022PTC397506.
Pureride Technologies has 2 current directors:
- Madan Gopal Banga - Director
- Harish Kumar Banga - Director
The latest financial statements of Pureride Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Pureride Technologies is 07AAMCP8621M1ZT, registered in Delhi. The company has 15 GST registrations in all, of which 15 are active. Other active GSTINs include 33AAMCP8621M1ZY (Tamil Nadu), 36AAMCP8621M1ZS (Telangana), 09AAMCP8621M1ZP (Uttar Pradesh).
The CIN (Corporate Identification Number) of Pureride Technologies is U72900DL2022PTC397506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pureride Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Pureride Technologies was incorporated on 28 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Pureride Technologies by revenue are Sai Service Private Limited, Landmark Cars Limited, Kataria Automobiles Private Limited, Indus Motor Company Private Limited, Prem Motors Pvt Ltd and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Harish Kumar Banga was appointed as Director on 28 Apr 2022. Madan Gopal Banga was appointed as Director on 28 Apr 2022.
Pureride Technologies has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 13 overdue payments to 4 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Pureride Technologies can be reached through the website pureride.in. Its registered office is in Delhi, India.
The registered office of Pureride Technologies is at B1H3 Mohan Cooperative Industrial Area Mathura Road Block – B, Delhi, India – 110044.
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