Company Intelligence Profile
Signodrive Technologies Private Limited
Noida-based SaaS/AI "full stack mobility platform" (Signo) providing commercial-driver sourcing, digital KYC, fleet operations, safety/compliance and GPS-tracking tools for logistics and EV-fleet operators.
Last updated 11 August 2026
Signodrive Technologies Private Limited, based in Noida, operates a SaaS/AI "full stack mobility platform" for logistics and EV-fleet operators, offering services like driver sourcing, digital KYC, and GPS tracking. Reported FY2024 revenue was in the ₹10, 25 crore band with 20.57% growth, though the company was loss-making. A significant deal involves operating 4,000 EVs formerly under BluSmart for roughly ₹154 crore.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Signodrive Technologies Private Limited |
|---|---|
| CIN | U60232UP2018PTC111716 |
| PAN | ABBCS3406P |
| Status | Active |
| Listing | Unlisted (private limited company; no listing found) |
| Incorporated | 27 December 2018 |
| ROC | Registrar of Companies, Kanpur / RoC Uttar Pradesh |
| Sector (NIC) | Transport and Storage — Land Transport via Road / Logistic Management Services; also GPS tracking devices & API integration services |
| Registered address |
|
| Authorized capital | ₹25.0 lakh. Note: one lower-reliability aggregator snippet showed ₹10 lakh — likely a stale/pre-amendment figure |
| Paid-up capital | ₹16.0 lakh. Note: same aggregator conflict as authorized capital (₹1 lakh in the stale snippet) |
Business Overview
- Signodrive Technologies (trading as "Signo", website signo.in) is a Noida-based, SaaS/AI-driven "full stack mobility platform" for the logistics and fleet sector
- It provides commercial-driver sourcing, onboarding, digital KYC, operations management, safety and regulatory-compliance tooling, plus GPS tracking/telematics devices and API integration services
- Marketing material states it uses an AI-based vernacular voice-call bot to speed up driver recruitment, and describes the company as founded by IIM/IIT alumni
- Reported/claimed clients include Blue Dart, DHL, Smarttrucking and Glasswing
- Most notably, per a July 2025 NDTV Profit report (surfaced via search aggregation; original article could not be directly re-fetched to verify verbatim wording) and corroborating secondary coverage, Signodrive was reported to have taken on operation of roughly 4,000 electric vehicles previously run under the BluSmart brand, following Gensol Engineering's insolvency proceedings, under a deal reported to be worth ~₹154 crore over a 24-month term (18-month lock-in, ~₹16,000/vehicle/month, covering Delhi-NCR and Bengaluru)
- This is a single-source (aggregated) claim and should be treated as partial/unverified pending a primary-source check
Directors
Confirmed via Tofler (primary registry-derived source):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Mukesh Suresh Deogune | 08474667 | - | - |
| Piyush Kant Chaturvedi | 00138249 | - | - |
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 09ABBCS3406P1Z0 | Uttar Pradesh | ABBCS3406P (source: Tofler; consistent with GSTIN 09ABBCS3406P1Z0 PAN segment) | Active |
Primary GSTIN: 09ABBCS3406P1Z0 (state code 09 = Uttar Pradesh; PAN segment ABBCS3406P matches the company PAN from Tofler). Registration date ~13-14 February 2020 (minor date discrepancy of one day across two aggregator sources — both point to mid-Feb 2020). Status: Active. Confirmed via two independent aggregator/search sources (cross-checking, not a dedicated single-GSTIN registry page — attempts to load knowyourgst.com, mastersindia.co and findgst.in dedicated GSTIN pages returned errors/404s). Number of registrations: not obtained (only the UP registration was found; no evidence of multi-state registration). Note: one source variant attached the GSTIN to "Signodrive Logistics Private Limited" as an alternate name — likely a prior/trade name of the same PAN-linked entity, flagged as a naming inconsistency rather than a different company (same PAN/CIN-linked address in Ghaziabad/UP).
Financials
- Tofler: Revenue in the ₹10–25 crore band with revenue growth of +20.57% YoY
- EBITDA declined -47.26% YoY
- Net Profit declined -68.62% YoY
- Net Worth increased +21.57% YoY
- Total Assets increased +17.5% YoY. Profitability ratios (FY2024): Operating Margin -4.26%, Net Profit Margin -4.05%, Return on Equity -51.01%, ROCE -8.46% — indicating the company was loss-making in FY2024 despite revenue growth
- Exact absolute revenue/PAT/EBITDA/net-worth rupee figures were not disclosed on the pages fetched — only percentage changes and a revenue band were available, so treat as partial
- No consolidated financials found (no subsidiaries evidenced)
Charges / Loans
- Two charges identified via Tofler: (1) ICICI Bank Limited — ₹3.5 crore — created 21 April 2025
- (2) HDFC Bank Limited — ₹1.2 crore — created 30 March 2024
- Current satisfaction status of either charge not obtained
Competitors
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