MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0102262
Vroom Drive India Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.22 Cr
▲ 28% YoY
Net loss · FY 2023
₹68.57 Lakh
Net margin -30.8%
EBITDA · FY 2023
₹29.43 Lakh
EBITDA margin 13.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.61 Cr
Issued & subscribed
Satisfied charges
₹73 Lakh
No open charges
Company age
10 yrs
Est. 2016
Employees · EPFO
6
Provident fund records
About Vroom Drive India Private Limited
Data last updated:
Vroom Drive India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60300KA2016PTC093271. Its GSTIN is 29AAFCV4516L2ZV (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.61 Cr. It is led by directors Muthusamy Ramesh and Muthusamy Ramasamy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 85 Ground Floor 13th Cross 20th Main Road 2nd Phase J P Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.22 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹68.57 Lakh (net margin -30.8%) and EBITDA of ₹29.43 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vroom Drive. As per MCA filings, the company has satisfied charges of ₹73 Lakh on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in March 2019. Its 3 peer companies in the Transport and Logistics industry (Call Taxi and Radio Cab Services), with the same principal business activity (land transport via road) are compared by revenue, 2 larger and 1 smaller; the largest is Umbrella Room Ventures India Private Limited with revenue of ₹2.27 Cr.
Vroom Drive India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0102262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vroomdrive.com.
Company details
CIN U60300KA2016PTC093271
Registration Number 093271
Incorporation Date 14 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0102262
Recognitions & Rankings of Vroom Drive India
Contact details
Vroom Drive India Private Limited's registered office is in Bangalore, Karnataka. Its website is vroomdrive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 85 Ground Floor 13th Cross 20th Main Road 2nd Phase J P Nagar, Bangalore, Karnataka, India – 560078
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Vroom Drive India Private Limited, buy the company report.
Comprehensive company report
Vroom Drive India 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
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Brands
Vroom Drive India operates one associated brand: Vroom Drive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web and mobile app-based self-drive car rental services. | vroomdrive.com |
Business activity
The main business activity of Vroom Drive India is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Vroom Drive India Private Limited, buy the company report.
Financials of Vroom Drive India Private Limited
FY 2023 filings availableVroom Drive India Private Limited reported revenue of ₹2.22 Cr (up 28% YoY) for FY 2023.
Revenue · FY 2023
₹2.22 Cr ▲ 28%
Net loss · FY 2023
₹68.57 Lakh margin -30.8%
EBITDA · FY 2023
₹29.43 Lakh margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 10%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 210%
3 years · compounded
▲ 428%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 28% growth in the latest year. EBITDA rose 210% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹29.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹68.57 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | -30.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Vroom Drive India Private Limited, buy the company report.
Board of directors of Vroom Drive India Private Limited
Vroom Drive India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthusamy Ramasamy Also directs: Cotton Fab Creation Private Limited | Additional Director | 17 Jan 2019 | 7 Years 9 Months | Current |
| Muthusamy Ramesh Also directs: Cotton Fab Creation Private Limited | Director | 14 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Vroom Drive India Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Umbrella Room Ventures India Private Limited | ₹2.27 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Sewak Travels Private Limited | ₹2.26 Cr (FY 2025) | 117.0% | Gurugram, Haryana, India | |||
| Vroom Drive India Private Limitedthis company | ₹2.22 Cr (FY 2023) | -₹68.57 Lakh | -30.8% | 28.0% | 6 | Bangalore, Karnataka, India |
| Right Choice Cab Service Private Limited | ₹2.22 Cr (FY 2025) | 122.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Vroom Drive India Private Limited, buy the company report.
Auditor
Vroom Drive India Private Limited is audited by J V G S & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J V G S & CO | FY 2020 | 012040S |
Shareholding
The shareholding of Vroom Drive India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vroom Drive India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹73 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2016 | 100057783 | State Bank of India | ₹73 Lakh | Satisfied |
To see the full charge records of Vroom Drive India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vroom Drive India Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in March 2019.
Total deals
5
Secondary share transfers
3
Rights issues
2
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹80.8 Lakh | Investors: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Rights issue | ₹80 Lakh | Investors: Cotton Fab Creation Private Limited , an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vroom Drive India Private Limited has 12 court cases on record: 1 filed by Vroom Drive India, 11 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
1
Filed against the company
11
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 11 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
| District court, Erode, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Pending |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal miscellaneous application | Filed by the company against individuals | Disposed |
| District court, MANDYA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Vroom Drive India 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
No delayed payments to MSME suppliers are on our record for Vroom Drive India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vroom Drive India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-45.45%
GST
Vroom Drive India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV4516L2ZV | Karnataka | Active | 01 Jul 2017 |
| 36AAFCV4516L1Z1 | Telangana | Active | 07 Apr 2021 |
To see the full GST registrations and return filing status of Vroom Drive India Private Limited, buy the company report.
Recent activity
Vroom Drive India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Muthusamy Ramasamy was appointed as Additional Director on 17 Jan 2019.
Charges
A charge registered on 06 Oct 2016 via Charge ID 100057783 with State Bank Of India was fully satisfied on 22 Dec 2023.
AGM
Vroom Drive India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vroom Drive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 0.73 Cr registered on 06 Oct 2016 with Charge ID 100057783 was modified on 21 Jun 2021.
Appointed
Muthusamy Ramasamy was appointed as Additional Director.
Ceased
Selvaraj Rajeshkumar ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.73 Cr with Charge ID 100057783 was registered on 06 Oct 2016.
Appointed
Muthusamy Ramesh was appointed as Director.
Incorporation
14 May 2016
Vroom Drive India Private Limited was registered on 14 May 2016 with Roc Bangalore & aged 10 years 5 months as per MCA records.
Frequently asked questions
Vroom Drive India is an active private limited company based in Bangalore, Karnataka, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U60300KA2016PTC093271.
Vroom Drive India has 2 current directors:
- Muthusamy Ramasamy - Additional Director
- Muthusamy Ramesh - Director
The latest financial statements of Vroom Drive India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vroom Drive India is 29AAFCV4516L2ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAFCV4516L1Z1 (Telangana).
The CIN (Corporate Identification Number) of Vroom Drive India is U60300KA2016PTC093271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vroom Drive India has 12 court cases on record: 1 filed by the company and 11 filed against it. 2 are pending.
Vroom Drive India was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Vroom Drive India has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in March 2019.
The peers of Vroom Drive India by revenue are Umbrella Room Ventures India Private Limited, Sewak Travels Private Limited, Right Choice Cab Service Private Limited, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services), with the same principal business activity (land transport via road).
Muthusamy Ramasamy was appointed as Additional Director on 17 Jan 2019. Selvaraj Rajeshkumar ceased to be Director on 17 Jan 2019. Muthusamy Ramesh was appointed as Director on 14 May 2016.
Yes, Vroom Drive India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0102262).
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