- Valuation
- ₹13,100 Cr

About Valuedrive Technologies Private Limited
Data last updated:
Valuedrive Technologies Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2019PTC077781. Its GSTIN is 06AAGCV7548B1ZA (Haryana). The company holds 33 GST registrations, of which 29 are active.
The company has an authorised share capital of ₹630 Cr and a paid-up capital of ₹110.98 Cr. It is led by directors including Niraj Singh and Mohit Gupta.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Floor Tower A Capital Business Park, Sector 48, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,746.26 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹423.82 Cr (net margin -8.9%) and EBITDA of -₹291.72 Cr (EBITDA margin -6.1%). Revenue has grown at a compounded annual rate (CAGR) of 198% over three years.
The company has about 4,671 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Spinny. As per MCA filings, the company has open charges of ₹1,044 Cr and satisfied charges of ₹416.56 Cr on record. Court records list 18 cases involving the company, including 9 filed by the company and 9 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spinny.com.
Company details
Recognitions & Rankings of Valuedrive Technologies
Contact details
Valuedrive Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is spinny.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Tower A Capital Business Park, Sohna Road Sector 48, Gurgaon, Haryana, India – 122018
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Valuedrive 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
Valuedrive 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 Valuedrive Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Valuedrive Technologies Private Limited, buy the company report.
Financials of Valuedrive Technologies Private Limited
FY 2025 filings availableValuedrive Technologies Private Limited reported revenue of ₹4,746.26 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 198% over three years, including 24% growth 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹291.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹423.82 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | ||||
| Net Profit Margin | -8.9% | ||||
| 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 Valuedrive Technologies Private Limited, buy the company report.
Board of directors of Valuedrive Technologies Private Limited
Valuedrive Technologies has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Daniel Also directs: Valuedrive Technologies Limited, Blackbuck Limited, Accel Partners India LLP and 5 more | Nominee Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Niraj Singh Also directs: Valuedrive Technologies Limited, Blackbuck Limited, Yellow Drive Technologies Private Limited and 1 more | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Mohit Gupta Also directs: Valuedrive Technologies Limited, Yellow Drive Technologies Private Limited, Spinny Autorev Private Limited and 4 more | Director | 11 Jan 2019 | 7 Years 10 Months | Current |
| Ramanshu Mahaur | Director | 11 Jan 2019 | 7 Years 10 Months | Current |
| Mukul Arora | Nominee Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Neeraj Arora | Nominee Director | 24 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Valuedrive Technologies Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Valuedrive Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Valuedrive Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2023 | 100788862 | Yes Bank Limited | ₹60 Cr | Open | |
| 11 Apr 2023 | 100700789 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 26 Dec 2022 | 100664677 | Citi Bank N.A. | ₹40 Cr | Open | |
| 29 Nov 2022 | 100654707 | Others | ₹24 Cr | Open | |
| 09 Nov 2022 | 100640129 | Others | ₹120 Cr | Open |
To see the full charge records of Valuedrive Technologies Private Limited, buy the company report.
Total charge records: 51 View all charges
Legal cases
Valuedrive Technologies Private Limited has 18 court cases on record: 9 filed by Valuedrive Technologies, 9 filed against it. 12 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 7 | 9 |
| High courts | 5 | 2 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Vivo Mobile India Private Limited | Pending |
| District court, West, Delhi | Criminal case | Filed against the company | Pending |
| District court, Panipat, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Court case (CR CRIMINAL REVISION) | Filed against the company by an individual | Pending |
To see the full case history of Valuedrive 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
Valuedrive Technologies Private Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 682 overdue payments to 109 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 (5 of 109)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Halwasiya Center Maintenance Services LLP | |||
| Appflix Studio LLP | |||
| Haystack Marketing Services Private Limited | |||
| Bitonic Technology Labs Private Limited | |||
| Samvit Garage Equipments |
To see the full MSME payment records of Valuedrive Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Valuedrive Technologies has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Quixote Automotive Technologies Private Limited | U35999GJ2019PTC105855 | |
| Northcred Services Private Limited | U50400HR2019PTC079065 | |
| Spinny Capital Private Limited | U65999HR2021PTC099583 | |
| Spinny Insurance Broker Private Limited | U66000HR2021PTC098580 |
To see the full group structure of Valuedrive Technologies Private Limited, buy the company report.
Employees & EPFO
Valuedrive Technologies Private Limited has a workforce of 4,671 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 4,671 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Valuedrive Technologies Private Limited, buy the company report.
GST
Valuedrive Technologies has 33 GST registrations: 29 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCV7548B1ZA | Haryana | Active | 27 Feb 2019 |
| 06AAGCV7548B1CL | Haryana | Active | 10 Apr 2019 |
| 06AAGCV7548B3Z8 | Haryana | Active | 01 May 2023 |
| 29AAGCV7548B1CD | Karnataka | Active | 28 Mar 2019 |
To see the full GST registrations and return filing status of Valuedrive Technologies Private Limited, buy the company report.
Recent activity
Valuedrive Technologies Private Limited has 7 board changes on record since 2019: 6 appointments and 1 cessation. The latest: Neeraj Arora was appointed as Nominee Director on 24 Oct 2025.
106 earlier events are in the company report.
News
From our blog
Frequently asked questions
Valuedrive Technologies is an active private limited company based in Gurgaon, Haryana, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 11 January 2019 (7+ years old) and is registered under CIN U74999HR2019PTC077781.
Valuedrive Technologies has 6 current directors:
- Anand Daniel - Nominee Director
- Niraj Singh - Director
- Mohit Gupta - Director
- Ramanshu Mahaur - Director
- Mukul Arora - Nominee Director
- Neeraj Arora - Nominee Director
The latest financial statements of Valuedrive Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Valuedrive Technologies is 06AAGCV7548B1ZA, registered in Haryana. The company has 33 GST registrations in all, of which 29 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAGCV7548B1CL (Haryana), 06AAGCV7548B3Z8 (Haryana), 29AAGCV7548B1CD (Karnataka).
The CIN (Corporate Identification Number) of Valuedrive Technologies is U74999HR2019PTC077781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valuedrive Technologies has 18 court cases on record: 9 filed by the company and 9 filed against it. 12 are pending. Most are in the district courts.
Valuedrive Technologies was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Haryana.
Neeraj Arora was appointed as Nominee Director on 24 Oct 2025. Mukul Arora was appointed as Nominee Director on 19 Feb 2021. Anand Daniel was appointed as Nominee Director on 14 Sep 2020. Valuedrive Technologies has 7 board changes on record in total.
Valuedrive Technologies has 19 MSME Form 1 returns on record between 2019 and 2024, listing 682 overdue payments to 109 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Valuedrive Technologies can be reached through the website spinny.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Valuedrive Technologies is at 8th Floor Tower A Capital Business Park, Sohna Road Sector 48, Gurgaon, Haryana, India – 122018.

