About Akin Logistics and Services Private Limited
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Akin Logistics and Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Akin Chemicals Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 06 August 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2011PTC220614. Its GSTIN is 27AAJCA7318R1ZZ (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Vishal Somani and Rajesh Kumar Tapuriah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Jash Chambers 5th Floor Sir P. M. Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.55 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Lakh (net margin 23.6%) and EBITDA of ₹2.59 Lakh (EBITDA margin 46.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 67% over five years.
As per MCA filings, the company had satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is akinchemicals.com.
Company details
Contact details
Akin Logistics and Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is akinchemicals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressJash Chambers 5th Floor Sir P. M. Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Akin Logistics and Services 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 Akin Logistics and Services is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Akin Logistics and Services Private Limited, buy the company report.
Financials of Akin Logistics and Services Private Limited
FY 2022 filings availableAkin Logistics and Services Private Limited reported revenue of ₹5.55 Lakh (down 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 37% fall in the latest year. EBITDA rose 43% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.55 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.6% | ||||
| Net Profit Margin | 23.6% | ||||
| 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 Akin Logistics and Services Private Limited, buy the company report.
Board of directors of Akin Logistics and Services Private Limited
Akin Logistics and Services 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 |
|---|---|---|---|---|
| Vishal Somani | Director | 20 Oct 2020 | 6 Years 0 Months | As last reported |
| Rajesh Kumar Tapuriah Also directs: Shyam Chemicals Pvt Ltd, Akin Chemicals Private Limited, Inter Veritas Pvt. Ltd. and 1 more | Director | 06 Aug 2011 | 15 Years 2 Months | As last reported |
Auditor
Akin Logistics and Services Private Limited is audited by KALARIA & SAMPAT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALARIA & SAMPAT | FY 2022 | 104570W |
Shareholding
The shareholding of Akin Logistics and Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akin Logistics and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2015 | 10569165 | Yes Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Akin Logistics and Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Akin Logistics and Services Private Limited has 2 court cases on record: 2 filed by Akin Logistics and Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Akin Logistics and Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akin Logistics and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akin Logistics and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA7318R1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akin Logistics and Services Private Limited, buy the company report.
Recent activity
Akin Logistics and Services Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Vishal Somani ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Akin Logistics and Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Akin Logistics and Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 06 August 2011 and is registered under CIN U63000MH2011PTC220614. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Akin Logistics and Services was incorporated on 06 August 2011. It is registered with the Registrar of Companies, Mumbai.
Akin Logistics and Services had 2 directors:
- Vishal Somani - Director
- Rajesh Kumar Tapuriah - Director
The CIN (Corporate Identification Number) of Akin Logistics and Services is U63000MH2011PTC220614. 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 Akin Logistics and Services is at Jash Chambers 5th Floor Sir P. M. Road Fort, Mumbai, Maharashtra, India – 400001.
Akin Logistics and Services can be reached through the website akinchemicals.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Akin Logistics and Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Akin Logistics and Services is 27AAJCA7318R1ZZ, registered in Maharashtra.
Akin Logistics and Services operated in the transport and logistics industry, in the cold storage and warehousing services segment.
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