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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Signodrive Technologies Private Limited |
|---|---|
| CIN | U60232UP2018PTC111716 |
| PAN | ABBCS3406P (source: Tofler; consistent with GSTIN 09ABBCS3406P1Z0 PAN segment) |
| Status | Active |
| Listing | Unlisted (private limited company; no listing found) |
| Incorporated | 27 December 2018 (source: Tofler) |
| ROC | Registrar of Companies, Kanpur / RoC Uttar Pradesh (sources: Tofler, aggregator search) |
| Sector (NIC) | Transport and Storage — Land Transport via Road / Logistic Management Services; also GPS tracking devices & API integration services (source: Tofler) |
| Registered address | C-56/32, Sector-62, Noida, Gautam Buddha Nagar, Uttar Pradesh 201301, India (source: Tofler). Note: an alternate/older address "1201, Arihant Altura, Abhay Khand-2, Indirapuram, Ghaziabad, UP 201010" appears on an IndiaFilings-derived aggregator snippet — likely a prior registered office; not independently confirmed on a primary registry page. |
| Authorized capital | ₹25.0 lakh (source: Tofler). Note: one lower-reliability aggregator snippet showed ₹10 lakh — likely a stale/pre-amendment figure; Tofler figure treated as current. |
| Paid-up capital | ₹16.0 lakh (source: Tofler). Note: same aggregator conflict as authorized capital (₹1 lakh in the stale snippet); Tofler figure treated as current. |
Business Overview
Partial / conflicting- 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 (source: LinkedIn/company marketing, not independently verified)
- 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
Partial / conflictingConfirmed via Tofler (primary registry-derived source):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Mukesh Suresh Deogune | 08474667 | ~7 years tenure | - |
| Piyush Kant Chaturvedi | 00138249 | ~6 years tenure | - |
GST Registrations
Partial / conflicting| 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
Partial / conflicting- Source: Tofler (FY ending 31 March 2024, standalone, MCA-filing-derived): 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
Confirmed- 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 (Tofler extract did not show status/open-closed flag)
Competitors
Partial / conflicting- Named peers in the driver-sourcing / fleet-staffing / logistics-mobility-platform space (rough scale tags, self-assessed from general market knowledge, not from a single verified source): Porter (large, well-funded goods-transport/logistics platform — much larger scale), BlackBuck (large — "India's largest trucking platform", unicorn-scale), Rivigo (mid-large — relay trucking, though scaled down from peak), LetsTransport (mid-scale logistics/fleet platform), Loadshare (mid-scale, hyperlocal/last-mile logistics tech)
- Signodrive appears to occupy a smaller, more specialized niche (driver sourcing/KYC/compliance SaaS + fleet operations) relative to these larger freight-matching platforms
Frequently Asked Questions
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