Veqdrive Private Limited
About Veqdrive Private Limited
Data last updated:
Veqdrive Private Limited is a private limited company based in Gangapur, Maharashtra, India. It was incorporated on 14 October 2024.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28299MH2024PTC433548.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aditya Shridhar Navghare and Shridhar Harishchandra Navgire.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gangapur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.11 Lakh. For the same year it recorded a net profit of ₹28.87 Lakh (net margin 51.5%) and EBITDA of ₹42.27 Lakh (EBITDA margin 75.3%).
Company details
Contact details
Veqdrive Private Limited's registered office is in Gangapur, Maharashtra.
- Registered AddressPlot No M – 84 MIDC Industrial Area, Chh. Sambhajinagar, Gangapur, Maharashtra, India – 431136
- 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
Financials of Veqdrive Private Limited
FY 2025 filings availableVeqdrive Private Limited reported revenue of ₹56.11 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 |
|---|---|
| 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 | ₹42.27 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹28.87 Lakh |
| 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 |
|---|---|
| Profitability | |
| EBITDA Margin | 75.3% |
| Net Profit Margin | 51.5% |
| 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 Veqdrive Private Limited, buy the company report.
Board of directors of Veqdrive Private Limited
Veqdrive has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Shridhar Navghare | Director | 14 Oct 2024 | 2 Years 0 Months | Current |
| Shridhar Harishchandra Navgire Also directs: Asr Machine Tools Private Limited, Asr Toolings Private Limited | Director | 14 Oct 2024 | 2 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Veqdrive Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veqdrive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Veqdrive Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veqdrive Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Aditya Shridhar Navghare was appointed as Director on 14 Oct 2024.
Frequently asked questions
Veqdrive is an active private limited company based in Gangapur, Maharashtra, India. It was incorporated on 14 October 2024 (2+ years old) and is registered under CIN U28299MH2024PTC433548.
Veqdrive has 2 current directors:
- Aditya Shridhar Navghare - Director
- Shridhar Harishchandra Navgire - Director
The latest financial statements of Veqdrive on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Veqdrive is U28299MH2024PTC433548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veqdrive was incorporated on 14 October 2024, making it 2+ years old. It is registered with the Registrar of Companies, Mumbai.
Aditya Shridhar Navghare was appointed as Director on 14 Oct 2024. Shridhar Harishchandra Navgire was appointed as Director on 14 Oct 2024.
The registered office of Veqdrive is at Plot No M – 84 MIDC Industrial Area, Chh. Sambhajinagar, Gangapur, Maharashtra, India – 431136.
Veqdrive can be reached at its registered office: Plot No M – 84 MIDC Industrial Area, Chh. Sambhajinagar, Gangapur, Maharashtra, India – 431136.
Veqdrive is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.