Purple Drive Technologies Private Limited

Purple Drive Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72100TN2005PTC055161 Incorporated 17 January 2005 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2024
₹18.62 Cr
▲ 76% YoY
Net profit · FY 2024
₹1.97 Cr
Net margin 10.6%
EBITDA · FY 2024
₹2.89 Cr
EBITDA margin 15.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹8.85 Lakh
Issued & subscribed
Open charges
₹1.39 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
159
Provident fund records

About Purple Drive Technologies Private Limited

Data last updated:

Purple Drive Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 January 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72100TN2005PTC055161. Its GSTIN is 33AAECM1579R1ZW (Tamil Nadu).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8.85 Lakh. It was formerly known as Mentoris Solutions Private Limited and Mentoris Techsoft Private Limited. It is led by directors including Sundar Sethuraman and Sethuraman Kalyani.

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 No. 14 And 16 Raman Street T.Nagar, Chennai, Tamil Nadu, India – 600017.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.62 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 10.6%) and EBITDA of ₹2.89 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 203% over three years and 57% over five years.

The company has about 159 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Purple Drive. As per MCA filings, the company has open charges of ₹1.39 Cr on record.

Purple Drive Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0084748). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website purpledrive.com.

Company details

CIN U72100TN2005PTC055161
Registration Number 055161
Incorporation Date 17 January 2005
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-02-0084748

Name history

Purple Drive Technologies has undergone 2 name changes throughout its history. The company was previously known as Mentoris Solutions Private Limited, and Mentoris Techsoft Private Limited. The current legal name is Purple Drive Technologies Private Limited.

Company NameStatus
Purple Drive Technologies Private LimitedCurrent
Mentoris Solutions Private LimitedPrevious
Mentoris Techsoft Private LimitedPrevious
Key People
Sundar Sethuraman Director Sethuraman Kalyani Director Prakash Kumar Sahu Director

Recognitions & Rankings of Purple Drive Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0084748

Contact details

Purple Drive Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is purpledrive.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    purpledrive.com
  • Registered Address
    No. 14 And 16 Raman Street T.Nagar, Chennai, Tamil Nadu, India – 600017
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Purple Drive Technologies Private Limited, buy the company report.

Comprehensive company report
Purple Drive Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Purple Drive Technologies operates one associated brand: Purple Drive. Each brand links to its own profile.

BrandDescriptionWebsite
Purple Drive
Provides IT staffing, cloud solutions, data analytics, and consulting for various industries.purpledrive.com

Business activity

The main business activity of Purple Drive Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Purple Drive Technologies Private Limited, buy the company report.

Financials of Purple Drive Technologies Private Limited

FY 2025 filings available

Purple Drive Technologies Private Limited reported revenue of ₹18.62 Cr (up 76% YoY) for FY 2024.

Revenue · FY 2024
₹18.62 Cr ▲ 76%
Net profit · FY 2024
₹1.97 Cr margin 10.6%
EBITDA · FY 2024
₹2.89 Cr margin 15.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 203%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 168%
3 years · compounded
▲ 382%
5 years · compounded
▲ 189%

Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 76% growth in the latest year. EBITDA rose 168% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.89 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.97 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.5%
Net Profit Margin10.6%
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 Purple Drive Technologies Private Limited, buy the company report.

Board of directors of Purple Drive Technologies Private Limited

Purple Drive Technologies has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sundar Sethuraman
Also directs: Diya Sharing Foundation
Director17 Jan 200521 Years 9 MonthsCurrent
Sethuraman KalyaniDirector23 Dec 20205 Years 10 MonthsCurrent
Prakash Kumar Sahu
Also directs: Diya Sharing Foundation
Director08 Apr 20224 Years 6 MonthsCurrent
Ragunathan SrilathaDirector08 Apr 20224 Years 6 MonthsCurrent
View all directors

Auditor

Purple Drive Technologies Private Limited is audited by C. Subramanian for the financial year 2023.

Auditor firmFinancial yearFirm registration number
C. SubramanianFY 2023027959

Shareholding

The shareholding of Purple Drive Technologies 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Purple Drive Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.39 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹1.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 2025101125989Hdfc Bank Limited₹24.53 LakhOpen
06 May 2022100578139Hdfc Bank Limited₹1.14 CrOpen

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Purple Drive Technologies Private Limited has a workforce of 159 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.

Employee count
159
Active EPFO establishments
1
Employee growth
43.24%

GST

Purple Drive Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECM1579R1ZWTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Purple Drive Technologies Private Limited, buy the company report.

Recent activity

Purple Drive Technologies Private Limited has 12 board changes on record since 2005: 4 appointments and 8 cessations. The latest: Prakash Kumar Sahu ceased to be Additional Director on 30 Sep 2022.

AGM
Purple Drive Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.53 Lakh with Charge ID 101125989 was registered on 31 May 2025.
Filing
Purple Drive Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Prakash Kumar Sahu ceased to be Additional Director.
Ceased
Ragunathan Srilatha ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 114.08 Lakh with Charge ID 100578139 was registered on 06 May 2022.
Appointed
Prakash Kumar Sahu was appointed as Director.
Appointed
Ragunathan Srilatha was appointed as Director.
Ceased
Sethuraman Ramasubramanian ceased to be Director.
Ceased
Sethuraman Kalyani ceased to be Additional Director.
Appointed
Sethuraman Kalyani was appointed as Director.
Ceased
Rengasamy Saravanakumar ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Purple Drive Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 January 2005 (21+ years old) and is registered under CIN U72100TN2005PTC055161.

Purple Drive Technologies has 4 current directors:

The latest financial statements of Purple Drive Technologies 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.

The GSTIN of Purple Drive Technologies is 33AAECM1579R1ZW, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Purple Drive Technologies is U72100TN2005PTC055161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Purple Drive Technologies was incorporated on 17 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.

Prakash Kumar Sahu ceased to be Additional Director on 30 Sep 2022. Ragunathan Srilatha ceased to be Additional Director on 30 Sep 2022. Prakash Kumar Sahu was appointed as Director on 08 Apr 2022. Purple Drive Technologies has 12 board changes on record in total.

Yes, Purple Drive Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0084748).

Purple Drive Technologies can be reached through the website purpledrive.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Purple Drive Technologies is at No. 14 And 16 Raman Street T.Nagar, Chennai, Tamil Nadu, India – 600017.