About A-Sonic Express Logistics (India) Private Limited
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A-Sonic Express Logistics (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of A-Sonic Logistics Pte Ltd.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 07 September 2010.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63090KA2010PTC055092. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.8 Cr and a paid-up capital of ₹4.65 Cr. It is led by directors including Ngian Lay Choo and Hangarahalli Rangaboyi Puttaraja.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹65,640. For the same year it recorded a net loss of ₹3.73 Lakh and EBITDA of -₹1.41 Lakh (EBITDA margin -214.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 72% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.45 Cr; the latest was in July 2018.
The last known website on record is asonic-logisticsolutions.com.
Company details
Contact details
A-Sonic Express Logistics (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is asonic-logisticsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressStarttopia Hub International Vinir Tower No. 6, 100 Feet Road Btm 1st Stage, Bangalore, Karnataka, India – 560068
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of A-Sonic Express Logistics (India) 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
Financials of A-Sonic Express Logistics (India) Private Limited
FY 2024 filings availableA-Sonic Express Logistics (India) Private Limited reported revenue of ₹65,640 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹65,640 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.73 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -214.7% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of A-Sonic Express Logistics (India) Private Limited, buy the company report.
Board of directors of A-Sonic Express Logistics (India) Private Limited
A-Sonic Express Logistics (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ngian Lay Choo | Director | 28 Aug 2018 | 8 Years 2 Months | As last reported |
| Hangarahalli Rangaboyi Puttaraja | Director | 20 May 2024 | 2 Years 5 Months | As last reported |
| Bela Mahesh Shenoy Also directs: Legalcliff Consulting LLP | Irp/Rp/Liquidator | 27 Nov 2024 | 1 Years 11 Months | As last reported |
Auditor
A-Sonic Express Logistics (India) Private Limited is audited by Balakrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2023 | 004835S |
Shareholding
The shareholding of A-Sonic Express Logistics (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A-Sonic Express Logistics (India) Private Limited, buy the company report.
Deals & funding
A-Sonic Express Logistics (India) Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.45 Cr; the latest was in July 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Funding round | ₹2.3 Cr | Investors: A-Sonic Logistics Pte Limited, A-Sonic SCM Pte Limited |
| Jan 2015 | Funding round | ₹25 Lakh | Investors: 3 individuals |
| Jan 2013 | Funding round | ₹1.9 Cr | Investors: A-Sonic Logistics Pte Limited, 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: A-Sonic Logistics Solutions Pte Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
A-Sonic Express Logistics (India) Private Limited has 7 court cases on record: 6 filed by A-Sonic Express Logistics (India), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Headwin Exim Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Benaka Sponge Iron Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Vijay Latex Products Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Pavaman Ispat Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Peninsular Trucking Pvt Ltd | Disposed |
To see the full case history of A-Sonic Express Logistics (India) 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 A-Sonic Express Logistics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
A-Sonic Express Logistics (India) Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
A-Sonic Express Logistics (India) 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 A-Sonic Express Logistics (India) Private Limited, buy the company report.
Recent activity
A-Sonic Express Logistics (India) Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Bela Mahesh Shenoy was appointed as Irp/Rp/Liquidator on 27 Nov 2024.
1 earlier event is in the company report.
Frequently asked questions
A-Sonic Express Logistics (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
A-Sonic Express Logistics (India) is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 07 September 2010 and is registered under CIN U63090KA2010PTC055092. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
A-Sonic Express Logistics (India) has 3 current directors:
- Ngian Lay Choo - Director
- Hangarahalli Rangaboyi Puttaraja - Director
- Bela Mahesh Shenoy - Irp/Rp/Liquidator
The latest financial statements of A-Sonic Express 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 2015 are in the company report.
The CIN (Corporate Identification Number) of A-Sonic Express Logistics (India) is U63090KA2010PTC055092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A-Sonic Express Logistics (India) has 7 court cases on record: 6 filed by the company and 1 filed against it.
A-Sonic Express Logistics (India) was incorporated on 07 September 2010. It is registered with the Registrar of Companies, Bangalore.
A-Sonic Express Logistics (India) has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.45 Cr; the latest was in July 2018.
Bela Mahesh Shenoy was appointed as Irp/Rp/Liquidator on 27 Nov 2024. Irene Gek Lim Tay ceased to be Director on 15 Oct 2024. Janet Lc Tan ceased to be Director on 15 Oct 2024. A-Sonic Express Logistics (India) has 10 board changes on record in total.
A-Sonic Express Logistics (India) can be reached through the website asonic-logisticsolutions.com. Its registered office is in Bangalore, Karnataka, India.
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