Startup India Government of India
Lalamove (India) Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.32 Lakh
▲ 2827% YoY
Net loss · FY 2023
₹60 Lakh
Net margin -346.5%
EBITDA · FY 2023
-₹52.14 Lakh
EBITDA margin -301.1%
Authorised capital
₹68 Cr
Registered with MCA
Paid-up capital
₹42.26 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
5
of 6 registered
About Lalamove (India) Private Limited
Data last updated:
Lalamove (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Lalamove(India) Limited and recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2018PTC318320. Its GSTIN is 27AADCL7903R1ZV (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹68 Cr and a paid-up capital of ₹42.26 Cr. It is led by directors Sandeep Prajapati and Suraj Maruti Sawant.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 201 Jaimangal Oil Complex Plot No.48 – 49 Sector – 19A Apmc Market Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹60 Lakh (net margin -346.5%) and EBITDA of -₹52.14 Lakh (EBITDA margin -301.1%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The company is associated with 2 brands: EasyVan and Lalamove. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19.64 Cr; the latest was in November 2019. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 61 overdue payments to 23 micro and small suppliers.
For more details, the company can be reached via its website lalamove.com.
Company details
CIN U72200MH2018PTC318320
Registration Number 318320
Incorporation Date 14 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Lalamove(India) Limited
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Lalamove (India)
Contact details
Lalamove (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is lalamove.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 201 Jaimangal Oil Complex Plot No.48 – 49 Sector – 19A Apmc Market Navi Mumbai, Maharashtra, India – 400703
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Lalamove (India) Private Limited, buy the company report.
Comprehensive company report
Lalamove (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
Lalamove (India) operates two associated brands: EasyVan and Lalamove. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EasyVan is engaged in same day delivery and vehicle hire services. | easyvan.hk | |
| On-demand delivery solutions are provided for same-day courier services. | lalamove.com |
Financials of Lalamove (India) Private Limited
FY 2024 filings availableLalamove (India) Private Limited reported revenue of ₹17.32 Lakh (up 2827% YoY) for FY 2023.
Revenue · FY 2023
₹17.32 Lakh ▲ 2827%
Net loss · FY 2023
₹60 Lakh margin -346.5%
EBITDA · FY 2023
-₹52.14 Lakh margin -301.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 52%
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹52.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -301.1% | ||||
| Net Profit Margin | -346.5% | ||||
| 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 Lalamove (India) Private Limited, buy the company report.
Board of directors of Lalamove (India) Private Limited
Lalamove (India) has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Prajapati | Director | 22 Feb 2024 | 2 Years 8 Months | Current |
| Suraj Maruti Sawant | Director | 07 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Lalamove (India) Private Limited is audited by Ranka Dargar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ranka Dargar & Co | FY 2023 | 013806C |
Shareholding
The shareholding of Lalamove (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lalamove (India) Private Limited, buy the company report.
Deals & funding
Lalamove (India) Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19.64 Cr; the latest was in November 2019.
Total deals
4
Secondary share transfers
2
Funding round
1
Rights issue
1
Disclosed funding
₹19.64 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Rights issue | ₹22.63 Cr | Investors: Lalamove India Limited |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Lalamove India Limited Seller: an individual |
| Feb 2019 | Funding round | ₹19.64 Cr | Investors: an individual |
To see the full deal history of Lalamove (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Lalamove (India) 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
Lalamove (India) Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 61 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Dice Enterprises Private Limited | |||
| Exotel Techcom Private Limited | |||
| Lalamove (India) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Lalamove (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Lalamove (India) has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL7903R1ZV | Maharashtra | Active | 19 Jan 2019 |
| 29AADCL7903R1ZR | Karnataka | Active | 28 Mar 2019 |
| 06AADCL7903R1ZZ | Haryana | Active | 04 Sep 2019 |
| 36AADCL7903R1ZW | Telangana | Active | 28 Dec 2019 |
To see the full GST registrations and return filing status of Lalamove (India) Private Limited, buy the company report.
Recent activity
Lalamove (India) Private Limited has 12 board changes on record since 2019: 2 appointments and 10 cessations. The latest: Sandeep Prajapati ceased to be Director on 29 Sep 2024.
AGM
Lalamove (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sandeep Prajapati ceased to be Director.
Filing
Lalamove (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Sandeep Prajapati was appointed as Director.
Ceased
Ashutosh Pandey ceased to be Company Secretary.
Ceased
Hitesh Gurunath Nimbargi ceased to be Additional Director.
Ceased
Suraj Maruti Sawant ceased to be Additional Director.
Ceased
Nagashankar Rao Banne ceased to be Additional Director.
Appointed
Suraj Maruti Sawant was appointed as Director.
Ceased
Hiu San Tsang ceased to be Director.
Ceased
Meenakshi Rajendra Kumar Khatri ceased to be Company Secretary.
Ceased
Chi Yin Yiu ceased to be Director.
3 earlier events are in the company report.
News
Frequently asked questions
Lalamove (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 14 December 2018 (8+ years old) and is registered under CIN U72200MH2018PTC318320.
Lalamove (India) has 2 current directors:
- Sandeep Prajapati - Director
- Suraj Maruti Sawant - Director
The latest financial statements of Lalamove (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Lalamove (India) is 27AADCL7903R1ZV, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 29AADCL7903R1ZR (Karnataka), 06AADCL7903R1ZZ (Haryana), 36AADCL7903R1ZW (Telangana).
The CIN (Corporate Identification Number) of Lalamove (India) is U72200MH2018PTC318320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lalamove (India) was incorporated on 14 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Lalamove (India) has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19.64 Cr; the latest was in November 2019.
Sandeep Prajapati ceased to be Director on 29 Sep 2024. Sandeep Prajapati was appointed as Director on 22 Feb 2024. Ashutosh Pandey ceased to be Company Secretary on 15 Feb 2023. Lalamove (India) has 12 board changes on record in total.
Yes, Lalamove (India) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Lalamove (India) has 8 MSME Form 1 returns on record between 2019 and 2022, listing 61 overdue payments to 23 micro and small suppliers. The latest return was filed on 14 Sep 2023.
Lalamove (India) can be reached through the website lalamove.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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