About Bayxps Logistic Private Limited
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Bayxps Logistic Private Limited is a private limited company based in Serampore, West Bengal, India, a subsidiary of Stellar Value Chain Solutions Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB2011PTC161241. Its GSTIN is 19AACCI5750L1Z7 (West Bengal). The company holds 36 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹225.5 Cr and a paid-up capital of ₹210.05 Cr. It was formerly known as Stellar Innovative Express Solutions Private Limited and Stellar Innovative Value Chain Logistics Service Private Limited. It is led by directors Sudha Mishra and Opendra Kumar Mishra.
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 Jl No. 11 Mouza Belumiki, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.51 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹89.15 Cr and EBITDA of -₹81.81 Cr. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 61% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovative Logistics. As per MCA filings, the company has open charges of ₹4.75 Cr and satisfied charges of ₹70.27 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹34 Lakh; the latest was in June 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativelogistics.in.
Company details
Name history
Bayxps Logistic has undergone 5 name changes throughout its history. The current legal name is Bayxps Logistic Private Limited.
| Company Name | Status |
|---|---|
| Bayxps Logistic Private Limited | Current |
| Stellar Innovative Express Solutions Private Limited | Previous |
| Stellar Innovative Value Chain Logistics Service Private Limited | Previous |
| Innovative Logistics Service Private Limited | Previous |
| Stellar Innovative Express Private Limited | Previous |
| Stellar Inovative Express Solutions Private Limited | Previous |
Contact details
Bayxps Logistic Private Limited's registered office is in Serampore, West Bengal. Its website is innovativelogistics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJl No. 11 Mouza Belumiki, Ps – Sreerampore Hooghly West Bengal Kolkata, Serampore, West Bengal, India – 712223
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Bayxps Logistic 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
Brands
Bayxps Logistic operates one associated brand: Innovative Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of warehouse & supply chain management, and express transport solutions | innovativelogistics.in |
Business activity
The main business activity of Bayxps Logistic 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 Bayxps Logistic Private Limited, buy the company report.
Financials of Bayxps Logistic Private Limited
FY 2024 filings availableBayxps Logistic Private Limited reported revenue of ₹1.51 Cr (down 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 93% fall in the latest year. EBITDA fell 284% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹81.81 Cr | ||||
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| Net Profit (PAT) | -₹89.15 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Bayxps Logistic Private Limited, buy the company report.
Board of directors of Bayxps Logistic Private Limited
Bayxps Logistic has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Mishra | Additional Director | 13 Nov 2023 | 2 Years 11 Months | Current |
| Opendra Kumar Mishra | Additional Director | 13 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Bayxps Logistic Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2022 | 101049W/E300004 |
Shareholding
The shareholding of Bayxps Logistic 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 Bayxps Logistic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2019 | 100240146 | Others | ₹4.75 Cr | Open | |
| 16 Sep 2019 | 100292777 | Others | ₹20 Cr | Satisfied | |
| 29 May 2019 | 100271449 | Hdfc Bank Limited | ₹23.9 Cr | Satisfied | |
| 04 Jul 2017 | 100112703 | Others | ₹12.88 Cr | Satisfied | |
| 31 Dec 2016 | 100069149 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Bayxps Logistic Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Bayxps Logistic Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹34 Lakh; the latest was in June 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Stellar Value Chain Solutions Private Limited & Amitabh Singh, Ceva Contract Logistics India Private Limited Seller: Mohan Kumar Jha (HUF), 2 individuals |
| Feb 2018 | Acquisition | Undisclosed | Buyer: Ceva Contract Logistics India Private Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Mohan Kumar Jha (HUF) Seller: an individual |
| Feb 2012 | Funding round | ₹34 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bayxps Logistic Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Tablets (India) Ltd | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, North Dinajpur, West Bengal | Court case (M A C C) | Filed against the company by an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Court case (M A C C) | Filed against the company by an individual | Disposed |
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Bayxps Logistic 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.
Credit ratings & regulatory alerts
Bayxps Logistic Private Limited was last rated by Crisil on 12 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 May 2020 |
To see the full credit ratings and regulatory alerts of Bayxps Logistic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bayxps Logistic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bayxps Logistic Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Bayxps Logistic has 36 GST registrations: 3 active and 33 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCI5750L1Z7 | West Bengal | Active | 01 Jul 2017 |
| 27AACCI5750L1ZA | Maharashtra | Active | 01 Jul 2017 |
| 36AACCI5750L1ZB | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bayxps Logistic Private Limited, buy the company report.
Recent activity
Bayxps Logistic Private Limited has 14 board changes on record since 2011: 8 appointments and 6 cessations. The latest: Deven Pabaru ceased to be Director on 13 Nov 2023.
22 earlier events are in the company report.
Frequently asked questions
Bayxps Logistic is an active private limited company based in Serampore, West Bengal, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 25 March 2011 (15+ years old) and is registered under CIN U63090WB2011PTC161241.
Bayxps Logistic has 2 current directors:
- Sudha Mishra - Additional Director
- Opendra Kumar Mishra - Additional Director
The latest financial statements of Bayxps Logistic 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 GSTIN of Bayxps Logistic is 19AACCI5750L1Z7, registered in West Bengal. The company has 36 GST registrations in all, of which 3 are active and 33 are cancelled or inactive. Other active GSTINs include 27AACCI5750L1ZA (Maharashtra), 36AACCI5750L1ZB (Telangana).
The CIN (Corporate Identification Number) of Bayxps Logistic is U63090WB2011PTC161241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bayxps Logistic has 5 court cases on record: 5 filed against it. 1 is pending.
Bayxps Logistic was incorporated on 25 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Bayxps Logistic has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹34 Lakh; the latest was in June 2018.
Deven Pabaru ceased to be Director on 13 Nov 2023. Mahesh Ramdas Iyer ceased to be Managing Director on 13 Nov 2023. Opendra Kumar Mishra was appointed as Additional Director on 13 Nov 2023. Bayxps Logistic has 14 board changes on record in total.
Bayxps Logistic can be reached through the website innovativelogistics.in. Its registered office is in Serampore, West Bengal, India.
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