Driveu Mobility Solutions Private Limited - Due diligence report

A 360° intelligence report on Driveu: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…

2015-07-17 Bangalore South, Karnataka Active Unlisted Active Compliant
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DM Driveu Mobility Solutions Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Driveu — 360° Intelligence Report

Generated from MCA filings & public records
50/100
Trust Score
Moderate

Driveu is assessed as Moderate with a Trust Score of 50/100. Driveu is an active private limited indian non-government company incorporated in 2015, operating in the Internet sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Driveu Mobility Solutions Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Neutral

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
50/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
48/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
20/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 1 open (1.72 cr) · 12 satisfied (9.74 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others7 48.0 cr
Hdfc Bank Limited4 48.0 cr
Axis Bank Limited1 48.0 cr
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Compliance Score: 48/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: EPFO.
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (14 disclosure(s)).
  • 15 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
ASHOK NOAH SHASTRY 01234567 Director 01/04/2018 6 yrs Approved
BASAVARAJ ULLAGADDI 01234567 Director 01/04/2018 6 yrs Approved
RAMPRASAD SHASTRY 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • BASAVARAJ ULLAGADDI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
57 allotment(s) · 28 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: RAMPRASAD SHASTRY (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 60
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Asset base grew 1.42 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 11+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 2.1x in a year.
Negative net worth.
Compliance score is weak (48/100).
1 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 11.29 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence52/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment36/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 1.72 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view52/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
13 Aug 2025
Last AGM held
Annual general meeting
17 Jul 2025
Director ceased
BASAVARAJ ULLAGADDI
09 May 2025
Charge created
Hdfc Bank Limited - 1.72 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
25 Feb 2025
Charge satisfied
The Hongkong And Shanghai Banking Corporation Limited
15 Nov 2024
Director appointed
BASAVARAJ ULLAGADDI (Director)
11 Nov 2024
Charge satisfied
Others
16 Feb 2024
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 5.00 Lakh
28 Jun 2023
Charge satisfied
Others
17 May 2023
Charge created
Others - 1.17 cr
Charge created
Others - 40.00 Lakh
21 Apr 2023
Charge satisfied
Others
31 Mar 2023
Share transfer (FY 2023)
47.00000000 shares to Shaik Farooq Hussain
Share transfer (FY 2023)
1356.00000000 shares to Kristin Kelly Najarian
Share transfer (FY 2023)
536.00000000 shares to Kristin Kelly Najarian
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
3 active director(s) / partner(s); review board churn before relying on management continuity.
15 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 57 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Smart Infocom Private Limited U72900MH2012PTC229796 Kandivali West, Maharashtra, India
Vatanix Technologies Private Limited U72900TN2017PTC118990 Chennai, Tamil Nadu, India
Acubetech Solutions Private Limited U72200KA2014PTC076208 Bangalore, Karnataka, India
Flip It Technologies Private Limited U72900DL2013PTC252608 New Delhi, Delhi, India
Torinit Consulting Services Private Limited U72900MH2020PTC352486 Nagpur, Maharashtra, India
Vion Consulting Private Limited U72900KA2017PTC105904 Bengaluru, Karnataka, India
Siyacloud Private Limited U72200UP2021PTC141940 Noida, Uttar Pradesh, India
Horner Engineering India Private Limited U72200KA2004PTC035025 Bangalore, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Driveu before audits and certifications: compliance score 48/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Driveu: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 80/100, margin trends, ownership structure and peer set for Driveu - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 50/100, distress signals and MSME payment-delay disclosures - know whether Driveu pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Driveu - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Driveu an active company?

Driveu has MCA status “Active” with a compliance score of 48/100 (Caution Indicated).

Is Driveu financially healthy?

Driveu has a Financial Health Score of 20/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Driveu?

Its overall Trust Score is 50/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Driveu?

Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.

Does Driveu have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 12 earlier charge(s) stand satisfied.

Is Driveu up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 48/100 (Caution Indicated).

Is it risky to lend to Driveu?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.