About Logiq Labs Private Limited
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Logiq Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2019PTC129868. Its GSTIN is 29AAECL0817D1ZS (Karnataka).
The company has an authorised share capital of ₹7.1 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Ajaykumar Rajakumar and Shashi Shekhar Mahendra Nath Tripathi.
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 400/11 G – Flr 20th R Cross Bhuvaneshwari Ngr Hebbala Kempapura, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.86 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹67.26 Lakh (net margin 11.5%) and EBITDA of ₹1.66 Cr (EBITDA margin 28.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 170% over five years.
The company has about 33 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: eCourierz and eShipz. The company has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹5.61 Cr; the latest was in September 2021. Its 10 peer companies in the Transport and Logistics industry (Diversified Logistics) are compared by revenue, 5 larger and 5 smaller; the largest is MSZ Logistics Private Limited with revenue of ₹5.87 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier.
For more details, the company can be reached via its website eshipz.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered Address400/11 G – Flr 20th R Cross Bhuvaneshwari Ngr Hebbala Kempapura, Bangalore, Karnataka, India – 560024
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Logiq Labs Private Limited
The main business activity of Logiq Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Logiq Labs Private Limited FY 2024 filings available
Logiq Labs Private Limited reported revenue of ₹5.86 Cr (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Logiq Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 170% over five years, including 60% growth in the latest year. EBITDA rose 159% 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 of Logiq Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹67.26 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Logiq Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Logiq Labs are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Logiq Labs Private Limited
Logiq Labs Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MSZ Logistics Private Limited | ₹5.87 Cr (FY 2021) | •••• | •••• | -19.0% | •••• | Chennai, Tamil Nadu, India |
| Rapid Transport Corporation Private Limited | ₹5.86 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Vishwakarma Logistics Private Limited | ₹5.86 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Palanpur, Gujarat, India |
| Kanster Movers Private Limited | ₹5.86 Cr (FY 2024) | •••• | •••• | -86.0% | •••• | Singrauli Colliery, Madhya Pradesh, India |
| Taakt Logistics Private Limited | ₹5.86 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Madurai, Tamil Nadu, India |
| Logiq Labs Private Limited this company | ₹5.86 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Bangalore, Karnataka, India |
| Fair Logistics Private Limited | ₹5.85 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Santoshi Infraprojects Private Limited | ₹5.85 Cr (FY 2024) | •••• | •••• | 249.0% | •••• | Howrah, West Bengal, India |
| Santa Freight Logistics Private Limited | ₹5.84 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Ludhiana, Punjab, India |
| Qlife Logistics and Freight Private Limited | ₹5.84 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| N Manek Private Limited | ₹5.83 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Logiq Labs by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Logiq Labs Private Limited
Logiq Labs Private Limited is audited by A S P R & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S P R & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Logiq Labs Private Limited
Logiq Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Rajakumar Also directs: Planet Express Innovations Private Limited | Director | 20 Nov 2019 | 6 Years 10 Months | Current |
| Shashi Shekhar Mahendra Nath Tripathi Also directs: Planet Express Innovations Private Limited | Director | 20 Nov 2019 | 6 Years 10 Months | Current |
| Mahadi Shivadeep Shivakumar Also directs: Planet Express Innovations Private Limited | Director | 20 Nov 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Logiq Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Logiq Labs Private Limited
Logiq Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Logiq Labs Private Limited
Logiq Labs Private Limited has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹5.61 Cr; the latest was in September 2021.
Deals on record (1 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Funding round · Pre-seed | ₹38.2 Lakh | Investors: Axilor |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Logiq Labs Private Limited
Logiq Labs Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Planet Express Innovations Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Logiq Labs Private Limited
Logiq Labs operates two associated brands: eCourierz and eShipz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace providing domestic and international courier services | ecourierz.com | |
| Cloud-based shipping and fulfillment solutions are offered for e-commerce businesses. | eshipz.com |
Employees and EPFO Compliance at Logiq Labs Private Limited
Logiq Labs Private Limited has a workforce of 33 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Logiq Labs Private Limited
Logiq Labs has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Planet Express Innovations Private Limited | U72900TN2014PTC094847 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Logiq Labs Private Limited
Logiq Labs Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ajaykumar Rajakumar was appointed as Director on 20 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Logiq Labs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Logiq Labs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Logiq Labs Private Limited
Logiq Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL0817D1ZS | Karnataka | Active | 30 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Logiq Labs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Logiq Labs Private Limited
Logiq Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 November 2019 (7+ years old) and is registered under CIN U72200KA2019PTC129868.
Logiq Labs reported revenue of ₹5.86 Cr for FY 2025 (up 60% YoY).
Logiq Labs has 3 current directors:
- Ajaykumar Rajakumar - Director
- Shashi Shekhar Mahendra Nath Tripathi - Director
- Mahadi Shivadeep Shivakumar - Director
Logiq Labs reported a net profit of ₹67.26 Lakh (net margin 11.5%) and EBITDA of ₹1.66 Cr (EBITDA margin 28.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Logiq Labs is 7% over three years and 170% over five years. In the latest year (FY 2025) revenue rose 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Logiq Labs is 29AAECL0817D1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Logiq Labs is U72200KA2019PTC129868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logiq Labs was incorporated on 20 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Logiq Labs has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹5.61 Cr; the latest was in September 2021.
The peers of Logiq Labs by revenue are MSZ Logistics Private Limited, Rapid Transport Corporation Private Limited, Vishwakarma Logistics Private Limited, Kanster Movers Private Limited, Taakt Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Ajaykumar Rajakumar was appointed as Director on 20 Nov 2019. Mahadi Shivadeep Shivakumar was appointed as Director on 20 Nov 2019. Shashi Shekhar Mahendra Nath Tripathi was appointed as Director on 20 Nov 2019.
Yes, Logiq Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).