Akg Logistic Solutions Private Limited
About Akg Logistic Solutions Private Limited
Data last updated:
Akg Logistic Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 July 2016.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2016PTC111372. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Alvi Kaushik and Kunal Kaushik.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 17C/C SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2018, the company reported a revenue of ₹89.91 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹21,214 (net margin 0.2%) and EBITDA of ₹1.94 Lakh (EBITDA margin 2.2%).
As per MCA filings, the company had satisfied charges of ₹30 Lakh on record.
Company details
Contact details
Akg Logistic Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17C/C SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Akg Logistic Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Akg Logistic Solutions is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Akg Logistic Solutions Private Limited, buy the company report.
Financials of Akg Logistic Solutions Private Limited
FY 2018 filings availableAkg Logistic Solutions Private Limited reported revenue of ₹89.91 Lakh (up 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| 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 | ₹1.94 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹21,214 | |
| 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 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.2% | |
| Net Profit Margin | 0.2% | |
| 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 Akg Logistic Solutions Private Limited, buy the company report.
Board of directors of Akg Logistic Solutions Private Limited
Akg Logistic Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alvi Kaushik | Director | 01 Aug 2017 | 9 Years 2 Months | As last reported |
| Kunal Kaushik | Director | 11 Jul 2016 | 10 Years 3 Months | As last reported |
Peer comparison
Akg Logistic Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Katmax Multimodal Private Limited | ₹90.04 Lakh (FY 2025) | 91.0% | Kanpur, Uttar Pradesh, India | |||
| S P Ispat Private Limited | ₹89.95 Lakh (FY 2025) | 82.0% | Sundargarh Orissa, Odisha, India | |||
| Jayaratna Motors Private Limited | ₹89.93 Lakh (FY 2025) | 2.0% | Virudhunagar Dt, Tamil Nadu, India | |||
| Akg Logistic Solutions Private Limitedthis company | ₹89.91 Lakh (FY 2018) | ₹21,214 | 0.2% | 21.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Akg Logistic Solutions Private Limited, buy the company report.
Auditor
Akg Logistic Solutions Private Limited is audited by M DINESH KUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M DINESH KUMAR & CO | FY 2017 | 012564S |
Shareholding
The shareholding of Akg Logistic Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Akg Logistic Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2016 | 100042271 | Others | ₹30 Lakh | Satisfied |
To see the full charge records of Akg Logistic Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Akg Logistic Solutions 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
No delayed payments to MSME suppliers are on our record for Akg Logistic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akg Logistic Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akg Logistic Solutions Private Limited, buy the company report.
Recent activity
Akg Logistic Solutions Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anmol Jagmoman Singh ceased to be Director on 09 Dec 2017.
Frequently asked questions
Akg Logistic Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akg Logistic Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 July 2016 and is registered under CIN U63030TN2016PTC111372. The company has been struck off by the Registrar of Companies and is no longer operational.
Akg Logistic Solutions had 2 directors:
- Alvi Kaushik - Director
- Kunal Kaushik - Director
The CIN (Corporate Identification Number) of Akg Logistic Solutions is U63030TN2016PTC111372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akg Logistic Solutions is at 17CC SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
Akg Logistic Solutions was incorporated on 11 July 2016. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Akg Logistic Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
No. Akg Logistic Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Akg Logistic Solutions operated in the transport and logistics industry, in the integrated and diversified logistics services segment. It worked in this industry before it was struck off.
The peers of Akg Logistic Solutions by revenue are Katmax Multimodal Private Limited, S P Ispat Private Limited, Jayaratna Motors Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Anmol Jagmoman Singh ceased to be Director on 09 Dec 2017. Krishna Dayama ceased to be Director on 09 Dec 2017. Alvi Kaushik was appointed as Director on 01 Aug 2017. Akg Logistic Solutions has 4 board changes on record in total.