About Sheerdrive Private Limited
Data last updated: 16 February 2026
Sheerdrive Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in online automotive platforms, a part of the broader e-commerce sector. Incorporated on 13 August 2019, the company has been in operation for over 7 years.
Registered with ROC Mumbai under CIN U74999MH2019PTC329255.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Siddharth Vijay Panikar and Harshal Manojkumar Desai.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.77 Cr, a decline of 67% compared to the previous year.
The company has a workforce of approximately 118 employees as per the latest available data.
The company is associated with 1 brand - Sheerdrive.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheerdrive.in.
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Registered Address15 Floor – 2 Plot – 30/34 Nanik Niwas Dr D Sathe Marg, Prarthana Samaj, Mumbai, Maharashtra, India – 400004
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IndustryE-Commerce, Online Automotive Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Sheerdrive Private Limited
Sheerdrive Private Limited operates one associated brand: Sheerdrive. These brands represent Sheerdrive Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of B2B auction based marketplace for pre owned vehicles | sheerdrive.in |
Competitors & Alternatives of Sheerdrive Private Limited
Brands and companies operating in the same space as Sheerdrive Private Limited include Auction Edge, Drivin Dealer, Xcira and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Auction Edge
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Auction management solutions are delivered via a tech-enabled platform. | Seattle, United States, United States | 2012 |
Drivin Dealer
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Online platform for automotive dealers to acquire used cars | Chicago, United States, United States | 2015 |
Xcira
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Auction management systems are provided for businesses in various industries. | Tampa, United States, United States | 2009 |
2trde
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SaaS mobile applications for automobile marketing management are offered. | Munich, Germany, Germany | 2016 |
Dealer Simplified
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Provides software for managing vehicle auctions and dealership operations. | New York, United States, United States | 2014 |
Integrated Auction Solutions
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Offers specialized solutions as an automotive auction provider. | Groveport, United States, United States | 2016 |
DealerSA
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Offers auction-related solutions for auto-dealers, manufacturers, and rental companies. | South Africa | 2018 |
Business Activity of Sheerdrive Private Limited
Sheerdrive Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Sheerdrive Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sheerdrive Private Limited
Sheerdrive Private Limited is audited by P D M S AND CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| P D M S AND CO | Locked | Locked | Locked |
Complete auditor history for Sheerdrive Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Sheerdrive Private Limited
Sheerdrive Private Limited is governed by 4 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
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Siddharth Vijay Panikar
Also directs:
Mitoch Pharma Private Limited, Mccoy Pharma Private Limited, Vaks Pharma Private Limited and 1 more
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Director | 12 Nov 2020 | 5 Years 9 Months | Current |
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Harshal Manojkumar Desai
Also directs:
Aeromark Cars Private Limited, Landmark Automobiles Limited, Motorone India Private Limited and 2 more
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Director | 12 Nov 2020 | 5 Years 9 Months | Current |
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Ravisen Manmohan Mehra
Also directs:
Ampspace Developers Llp, Treyst Treasury Solutions Private Limited
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Managing Director | 13 Aug 2019 | 7 Years 0 Months | Current |
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Minakkshi Mehraa
Also directs:
Ampspace Developers Llp
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Director | 13 Aug 2019 | 7 Years 0 Months | Current |
Financials of Sheerdrive Private Limited FY 2025 filings available
Sheerdrive Private Limited reported revenue of ₹47.77 Cr (down 67.00% YoY) for FY 2025.
Ten-year financial statements for Sheerdrive Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Sheerdrive Private Limited
Shareholding and ownership data for Sheerdrive Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings Sheerdrive Private Limited
Sheerdrive Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sheerdrive Private Limited
Sheerdrive Private Limited has a workforce of 118 employees as of Apr 11, 2024.
Employee and EPFO history for Sheerdrive Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Sheerdrive Private Limited
GST registrations and filing compliance for Sheerdrive Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Sheerdrive Private Limited
Credit ratings, litigation, and regulatory alerts for Sheerdrive Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Sheerdrive Private Limited
MSME payment history for Sheerdrive Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Sheerdrive Private Limited
Corporate group structure for Sheerdrive Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Sheerdrive Private Limited
MCA filings and documents for Sheerdrive Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Sheerdrive Private Limited
Recent News on Sheerdrive Private Limited
Frequently Asked Questions about Sheerdrive Private Limited
Sheerdrive Private Limited is an active private limited company in the e-commerce sector based in Mumbai, Maharashtra, India. It was incorporated on 13 August 2019 (7+ years old) and is registered under CIN U74999MH2019PTC329255. The company has 118 employees.
Sheerdrive Private Limited reported revenue of ₹47.77 Cr for FY 2025 (down 67.00% YoY).
The current directors of Sheerdrive Private Limited are:
- Siddharth Vijay Panikar - Director
- Harshal Manojkumar Desai - Director
- Ravisen Manmohan Mehra - Managing Director
- Minakkshi Mehraa - Director
The primary industry of Sheerdrive Private Limited is e-commerce. The company specifically operates in online automotive platforms. The company is currently active in this sector.
Yes, Sheerdrive Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Sheerdrive Private Limited can be reached at the registered office: 15 Floor – 2 Plot – 3034 Nanik Niwas Dr D Sathe Marg, Prarthana Samaj, Mumbai, Maharashtra, India – 400004, or through the website sheerdrive.in.