MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-GJ-10-0003707
Apace Transolutions Private Limited - transport and logistics in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹5.58 Cr
▲ 74% YoY
Net profit · FY 2020
₹14.57 Lakh
Net margin 2.6%
EBITDA · FY 2020
₹81.16 Lakh
EBITDA margin 14.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.8 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
2
Provident fund records
About Apace Transolutions Private Limited
Data last updated:
Apace Transolutions Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2013PTC076592. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Devji Gordhan Shiyani and Rohit Wadhwa.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No. 27 Lower Floor City Arcade Market Near D.S.P. Bunglow, Jamnagar, Gujarat, India – 361001.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.58 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹14.57 Lakh (net margin 2.6%) and EBITDA of ₹81.16 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 283% over three years and 130% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.8 Cr on record. Court records list 15 cases involving the company, including 15 filed against it; 9 cases are pending.
Apace Transolutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0003707). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apacetransolutions.com.
Company details
CIN U63090GJ2013PTC076592
Registration Number 076592
Incorporation Date 27 August 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-10-0003707
Recognitions & Rankings of Apace Transolutions
Contact details
Apace Transolutions Private Limited's registered office is in Jamnagar, Gujarat. Its website is apacetransolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 27 Lower Floor City Arcade Market Near D.S.P. Bunglow, Jamnagar, Gujarat, India – 361001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Apace Transolutions Private Limited, buy the company report.
Comprehensive company report
Apace Transolutions 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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Business activity
The main business activity of Apace Transolutions 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 Apace Transolutions Private Limited, buy the company report.
Financials of Apace Transolutions Private Limited
FY 2020 filings availableApace Transolutions Private Limited reported revenue of ₹5.58 Cr (up 74% YoY) for FY 2020.
Revenue · FY 2020
₹5.58 Cr ▲ 74%
Net profit · FY 2020
₹14.57 Lakh margin 2.6%
EBITDA · FY 2020
₹81.16 Lakh margin 14.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 283%
5 years · compounded
▲ 130%
EBITDA CAGR growth
1 year
▲ 147%
3 years · compounded
▲ 154%
5 years · compounded
▲ 95%
Revenue has grown at a compounded annual rate (CAGR) of 130% over five years, including 74% growth in the latest year. EBITDA rose 147% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹81.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.57 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Apace Transolutions Private Limited, buy the company report.
Board of directors of Apace Transolutions Private Limited
Apace Transolutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devji Gordhan Shiyani | Director | 27 Aug 2013 | 13 Years 1 Months | Current |
| Rohit Wadhwa | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
| Sajjid Khira | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Apace Transolutions 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 |
|---|---|---|---|---|---|---|
| Rider Logistic Limited | ₹5.58 Cr (FY 2025) | -64.0% | Bhubaneswar, Odisha, India | |||
| Phu Enterprises Pvt.Ltd. | ₹5.58 Cr (FY 2024) | 283.0% | Dist-Burdwan, West Bengal, India | |||
| Apace Transolutions Private Limitedthis company | ₹5.58 Cr (FY 2020) | ₹14.57 Lakh | 2.6% | 74.0% | 2 | Jamnagar, Gujarat, India |
| Subham Carriers Private Limited | ₹5.57 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Apace Transolutions Private Limited, buy the company report.
Auditor
Apace Transolutions Private Limited is audited by K P C M & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P C M & CO | FY 2020 | 117390W |
Shareholding
The shareholding of Apace Transolutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Apace Transolutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2020 | 100364369 | Others | ₹3.12 Lakh | Open | |
| 10 Jun 2019 | 100270829 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 10 May 2019 | 100278182 | Others | ₹25.65 Lakh | Open | |
| 10 May 2019 | 100278185 | Others | ₹23.31 Lakh | Open | |
| 10 May 2019 | 100278187 | Others | ₹25.65 Lakh | Open |
Total charge records: 8 View all charges
Legal cases
Apace Transolutions Private Limited has 15 court cases on record: 15 filed against it. 9 cases are pending and 6 are disposed.
Total cases
15
Filed against the company
15
Pending
9
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 9 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
To see the full case history of Apace Transolutions 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 Apace Transolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apace Transolutions Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-83.33%
GST
Apace Transolutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Apace Transolutions Private Limited, buy the company report.
Recent activity
Apace Transolutions Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Rohit Wadhwa ceased to be Director on 17 Jul 2021.
Ceased
Rohit Wadhwa ceased to be Director.
AGM
Apace Transolutions Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Appointed
Rohit Wadhwa was appointed as Director.
Ceased
Sajjid Khira ceased to be Additional Director.
Filing
Apace Transolutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 3.12 Lakh with Charge ID 100364369 was registered on 06 Feb 2020.
Ceased
Rajeshwari Laxmanbhai Boricha ceased to be Director.
Appointed
Sajjid Khira was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100270829 was registered on 10 Jun 2019.
Charges
A charge with Others amounted to Rs. 25.65 Lakh with Charge ID 100278182 was registered on 10 May 2019.
Charges
A charge with Others amounted to Rs. 23.31 Lakh with Charge ID 100278185 was registered on 10 May 2019.
Charges
A charge with Others amounted to Rs. 25.65 Lakh with Charge ID 100278187 was registered on 10 May 2019.
5 earlier events are in the company report.
Frequently asked questions
Apace Transolutions is an active private limited company based in Jamnagar, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 August 2013 (13+ years old) and is registered under CIN U63090GJ2013PTC076592.
Apace Transolutions has 3 current directors:
- Devji Gordhan Shiyani - Director
- Rohit Wadhwa - Director
- Sajjid Khira - Director
The latest financial statements of Apace Transolutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Apace Transolutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Apace Transolutions is U63090GJ2013PTC076592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apace Transolutions has 15 court cases on record: 15 filed against it. 9 are pending.
Apace Transolutions was incorporated on 27 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Apace Transolutions by revenue are Rider Logistic Limited, Phu Enterprises Pvt.Ltd, Subham Carriers Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Rohit Wadhwa ceased to be Director on 17 Jul 2021. Rohit Wadhwa was appointed as Director on 01 Oct 2020. Sajjid Khira ceased to be Additional Director on 01 Oct 2020. Apace Transolutions has 6 board changes on record in total.
Yes, Apace Transolutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-10-0003707).
Apace Transolutions can be reached through the website apacetransolutions.com. Its registered office is in Jamnagar, Gujarat, India.