MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0156909
Ashcon Logistics India Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.57 Cr
▲ 75% YoY
Net profit · FY 2025
₹1.55 Cr
Net margin 2.8%
EBITDA · FY 2025
₹2.42 Cr
EBITDA margin 4.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹18.98 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
24
Provident fund records
About Ashcon Logistics India Private Limited
Data last updated:
Ashcon Logistics India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60100MH2018PTC304186. Its GSTIN is 27AAQCA4467Q1ZQ (Maharashtra). The company holds 2 GST registrations, all of them 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 Siju Varghese and Rahul Somnath Malve.
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 217 Plot No 61 Raheja Arcade Sakal Bhavan Road Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.57 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 2.8%) and EBITDA of ₹2.42 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 81% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.98 Cr on record.
Ashcon Logistics India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0156909). For more details, the company can be reached via its website ashconlogistics.com.
Company details
CIN U60100MH2018PTC304186
Registration Number 304186
Incorporation Date 15 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-MH-33-0156909
Recognitions & Rankings of Ashcon Logistics India
Contact details
Ashcon Logistics India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is ashconlogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 217 Plot No 61 Raheja Arcade Sakal Bhavan Road Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Ashcon Logistics India Private Limited, buy the company report.
Comprehensive company report
Ashcon Logistics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ashcon Logistics India is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Ashcon Logistics India Private Limited, buy the company report.
Financials of Ashcon Logistics India Private Limited
FY 2024 filings availableAshcon Logistics India Private Limited reported revenue of ₹54.57 Cr (up 75% YoY) for FY 2025.
Revenue · FY 2025
₹54.57 Cr ▲ 75%
Net profit · FY 2025
₹1.55 Cr margin 2.8%
EBITDA · FY 2025
₹2.42 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 11%
5 years · compounded
▲ 81%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 21%
5 years · compounded
▲ 81%
Revenue has grown at a compounded annual rate (CAGR) of 81% over five years, including 75% growth in the latest year. EBITDA rose 102% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹2.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ashcon Logistics India Private Limited, buy the company report.
Board of directors of Ashcon Logistics India Private Limited
Ashcon Logistics India 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 |
|---|---|---|---|---|
| Siju Varghese Also directs: Ashcon Ventures LLP, Shinova Automotive Private Limited | Director | 20 Mar 2021 | 5 Years 7 Months | Current |
| Rahul Somnath Malve Also directs: Ashcon Ventures LLP, Shinova Automotive Private Limited | Director | 24 Mar 2022 | 4 Years 7 Months | Current |
| Vaibhav Prakash Ughade Also directs: Ashcon Ventures LLP, Shinova Automotive Private Limited | Director | 15 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Ashcon Logistics India 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 (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Transnational Shipping India Private Limited | ₹54.7 Cr (FY 2025) | 27.0% | Gurgaon, Haryana, India | |||
| Nidaan Exim Private Limited | ₹54.58 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Ashcon Logistics India Private Limitedthis company | ₹54.57 Cr (FY 2025) | ₹1.55 Cr | 2.8% | 75.0% | 24 | Navi Mumbai, Maharashtra, India |
| Ow Logistics Private Limited | ₹54.51 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashcon Logistics India Private Limited, buy the company report.
Auditor
Ashcon Logistics India Private Limited is audited by SINGRODIA & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGRODIA & CO. LLP | FY 2023 | 100280W |
Shareholding
The shareholding of Ashcon Logistics 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 Ashcon Logistics India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2025 | 101151407 | Others | ₹5.68 Cr | Open | |
| 20 Jun 2023 | 100731874 | Others | ₹1 Cr | Open | |
| 19 Jun 2023 | 100741075 | Others | ₹6 Cr | Open | |
| 10 May 2023 | 100718558 | Others | ₹30 Lakh | Open | |
| 10 Apr 2023 | 100712895 | Others | ₹6 Cr | Open |
To see the full charge records of Ashcon Logistics India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ashcon Logistics 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
No delayed payments to MSME suppliers are on our record for Ashcon Logistics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashcon Logistics India Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
26.32%
GST
Ashcon Logistics India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA4467Q1ZQ | Maharashtra | Active | 21 Jun 2018 |
| 06AAQCA4467Q1ZU | Haryana | Active | 17 Oct 2024 |
To see the full GST registrations and return filing status of Ashcon Logistics India Private Limited, buy the company report.
Recent activity
Ashcon Logistics India Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Rahul Somnath Malve ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 19 Jun 2023 with Charge ID 100741075 was modified on 29 Jul 2025.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 10 Apr 2023 with Charge ID 100712895 was modified on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 568.50 Lakh with Charge ID 101151407 was registered on 09 Jun 2025.
AGM
Ashcon Logistics India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashcon Logistics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100731874 was registered on 20 Jun 2023.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100741075 was registered on 19 Jun 2023.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100718558 was registered on 10 May 2023.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100712895 was registered on 10 Apr 2023.
Ceased
Rahul Somnath Malve ceased to be Additional Director.
Appointed
Rahul Somnath Malve was appointed as Director.
Ceased
Ravindra Raghunath Mahale ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Ashcon Logistics 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 15 January 2018 (8+ years old) and is registered under CIN U60100MH2018PTC304186.
Ashcon Logistics India has 3 current directors:
- Siju Varghese - Director
- Rahul Somnath Malve - Director
- Vaibhav Prakash Ughade - Director
The latest financial statements of Ashcon Logistics 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 2018 are in the company report.
The GSTIN of Ashcon Logistics India is 27AAQCA4467Q1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAQCA4467Q1ZU (Haryana).
The CIN (Corporate Identification Number) of Ashcon Logistics India is U60100MH2018PTC304186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashcon Logistics India was incorporated on 15 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashcon Logistics India by revenue are Transnational Shipping India Private Limited, Nidaan Exim Private Limited, Ow Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Rahul Somnath Malve ceased to be Additional Director on 30 Sep 2022. Rahul Somnath Malve was appointed as Director on 24 Mar 2022. Ravindra Raghunath Mahale ceased to be Director on 23 Mar 2021. Ashcon Logistics India has 6 board changes on record in total.
Yes, Ashcon Logistics India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0156909).
Ashcon Logistics India can be reached through the website ashconlogistics.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Ashcon Logistics India is at Office No 217 Plot No 61 Raheja Arcade Sakal Bhavan Road Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.