Ride Easy Technologies Limited - Company Profile

It is a transport and logistics public limited company based in Hyderabad, Telangana, India, established in 2019.
2019 Hyderabad, Telangana, India Active
Last Updated:
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About Ride Easy Technologies Limited

Ride Easy Technologies Limited, a active public limited company, was established on 13 June 2019 in Hyderabad, Telangana, India. Engaging in ride-hailing services within the transport and logistics sector, it holds CIN: U63030TG2019PLC133372. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.47 Cr.

Its leadership includes Yeda Kiran Kumar (Director), Rajshekhar Reddy Mareddy (Director), Nirmala Mareddy (Director). Past directors included Madhu Seshu Yathirajam, Bhookya Surendar. It holds ₹9.80 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Building No : 8-2-611/3,Third Floor,Flat No :303 Nishaa-Na-Iqbal Building Road No 11 Banj, Ara Hills, Hyderabad, Telangana, 500034.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U63030TG2019PLC133372

  • Registration Number

    133372

  • Incorporation Date

    13 June 2019

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.47 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.80 M
Company report

Ride Easy Technologies Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at Ride Easy Technologies Limited?
Current Directors
Name Designation Appointment Date Status
Yeda Kiran Kumar Director 27 Oct 2022 Current
Rajshekhar Reddy Mareddy Director 13 Jun 2019 Current
Nirmala Mareddy Director 13 Jun 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Oct 2022 Past
Pramod Abcsdd Director 20 Mar 2020 Past

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Financial Performance of Ride Easy Technologies.

Ride Easy Technologies Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Ride Easy Technologies revenue growth over time
Ride Easy Technologies 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)
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What is the Ownership and Shareholding Structure of Ride Easy Technologies?

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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

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Charges (Loans)
Open Charges

₹9,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.98 Cr
Latest Charge Details
Date Lender Amount Status
01 Feb 2025 Canara Bank ₹9.80 M Open

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How Many Employees Work at Ride Easy Technologies?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Ride Easy Technologies
Recent Activity within the Organization
  • Charges

    The activity A charge with Canara Bank amounted to Rs. 0.98 Cr with Charge ID 101041991 was registered on 01 Feb 2025. was completed.

  • Annual General Meeting

    Progress on Ride Easy Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Ride Easy Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Director Appointment

    Progress on Yeda Kiran Kumar was appointed as a Director was appointed as a Director on 27 Oct 2022 & has been associated with this company since 3 years 3 months . was documented.

  • Director Appointment

    The activity Rajshekhar Reddy Mareddy was appointed as a Director was appointed as a Director on 13 Jun 2019 & has been associated with this company since 6 years 8 months . was completed.

  • Director Appointment

    The activity Nirmala Mareddy was appointed as a Director was appointed as a Director on 13 Jun 2019 & has been associated with this company since 6 years 8 months . was completed.

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Frequently Asked Questions
What is the CIN of Ride Easy Technologies Limited?

The CIN of Ride Easy Technologies Limited is U63030TG2019PLC133372.

Where is Ride Easy Technologies Limited headquartered?

Ride Easy Technologies Limited is headquartered at Building No : 8-2-611/3,Third Floor,Flat No :303 Nishaa-Na-Iqbal Building Road No 11 Banj, Ara Hills, Hyderabad, Telangana, 500034.

When was Ride Easy Technologies Limited incorporated?

Ride Easy Technologies Limited was incorporated on 13 June 2019.

Who are the current directors of Ride Easy Technologies Limited?

The current directors of Ride Easy Technologies Limited are

What is the primary industry of Ride Easy Technologies Limited?

The primary industry of Ride Easy Technologies Limited is Transport And Logistics.

Is Ride Easy Technologies Limited a listed company?

Ride Easy Technologies Limited is unlisted.

What is the capital structure of Ride Easy Technologies Limited?

The authorized capital of Ride Easy Technologies Limited is ₹3.00 Cr, and the paid-up capital is ₹1.47 Cr.

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