About Chep India Private Limited
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Chep India Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Chep Singapore Pte Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the 3pl (third party logistics) services segment of the transport and logistics sector. It was incorporated on 27 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008FTC180544. Its GSTIN is 27AADCC3230A1ZF (Maharashtra). The company held 33 GST registrations, of which 19 are active.
The company had an authorised share capital of ₹622 Cr and a paid-up capital of ₹167.14 Cr. It was led by directors Sunu Mathew and Bindu Mathew.
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 was at 14th Floor Commerz International Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹262.19 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹59.32 Cr (net margin 22.6%) and EBITDA of ₹81.07 Cr (EBITDA margin 30.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company had about 180 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: CHEP. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 9 deals on record (6 funding rounds, 2 rights issues, 1 acquisition), with disclosed funding of ₹561.5 Cr; the latest was in January 2025. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 28 micro and small suppliers.
The last known website on record is chep.com.
Company details
Contact details
Chep India Private Limited's registered office is in Mumbai, Maharashtra. Its website is chep.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14th Floor Commerz International Business Park, Oberoi Garden City Off Western Express Highway, Mumbai, Maharashtra, India – 400063
- IndustryTransport and Logistics, 3PL (Third Party Logistics) Services
To see the full contact details of Chep 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
Business activity
The main business activities of Chep India are support service to organizations and trade. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Chep India Private Limited, buy the company report.
Financials of Chep India Private Limited
FY 2024 filings availableChep India Private Limited reported revenue of ₹262.19 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹262.19 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹81.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.32 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.9% | ||||
| Net Profit Margin | 22.6% | ||||
| 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 Chep India Private Limited, buy the company report.
Board of directors of Chep India Private Limited
Chep India has 2 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunu Mathew Also directs: Packaging Holding LLP, Leap India Limited, Matyas Possessiones Private Limited and 2 more | Additional Director | 08 Jan 2025 | 1 Years 9 Months | As last reported |
| Bindu Mathew Also directs: Packaging Holding LLP, Matyas Possessiones Private Limited, Taron Material Handling Equipments Private Limited and 3 more | Additional Director | 08 Jan 2025 | 1 Years 9 Months | As last reported |
Auditor
Chep India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Chep 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 Chep India Private Limited, buy the company report.
Deals & funding
Chep India Private Limited has 9 deals on record (6 funding rounds, 2 rights issues, 1 acquisition), with disclosed funding of ₹561.5 Cr; the latest was in January 2025.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Acquisition | Undisclosed | Buyer: Leap India Limited |
| Feb 2019 | Rights issue | ₹45 Cr | Investors: Brambles Asia Pte. Ltd. |
| May 2015 | Rights issue | ₹36 Cr | Investors: Brambles Asia Pte. Ltd. |
| Sep 2013 | Funding round | ₹166 Cr | Investors: CHEP Singapore Pte Ltd, Brambles Asia Pte. Ltd. |
| Jan 2012 | Funding round | ₹153.1 Cr | Investors: CHEP Singapore Pte Ltd |
To see the full deal history of Chep India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chep India Private Limited has 6 court cases on record: 5 filed by Chep India, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against N.S.Rathinam and Sons Pvt Ltd and Ors and 6 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against GSTN (Goods and Services Tax Network) and 10 others | Disposed |
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed against the company by M/S Navkar Enterprises Through Jaysingh Kishorilal Jain | Disposed |
| High Court | Appeal | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Chep 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
Chep India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Siddarth Mechanical Works Private Limited | |||
| Masuvic Packsol LLP | |||
| Protech India | |||
| an individual supplier | |||
| Neelanchal Griha Nirman Private Limited |
To see the full MSME payment records of Chep India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Chep India Private Limited has a workforce of 180 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Chep India has 33 GST registrations: 19 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC3230A1ZF | Maharashtra | Active | 01 Jul 2017 |
| 02AADCC3230A2ZQ | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AADCC3230A1ZP | Punjab | Active | 01 Jul 2017 |
| 05AADCC3230A1ZL | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chep India Private Limited, buy the company report.
Recent activity
Chep India Private Limited has 29 board changes on record since 2008: 3 appointments and 26 cessations. The latest: Bindu Mathew was appointed as Additional Director on 08 Jan 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Chep India 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.
Chep India was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in 3pl (third party logistics) services, within the transport and logistics industry. It was incorporated on 27 March 2008 and is registered under CIN U74999MH2008FTC180544. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Chep India was incorporated on 27 March 2008. It is registered with the Registrar of Companies, Mumbai.
Chep India had 2 directors:
- Sunu Mathew - Additional Director
- Bindu Mathew - Additional Director
The CIN (Corporate Identification Number) of Chep India is U74999MH2008FTC180544. 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 Chep India is at 14th Floor Commerz International Business Park, Oberoi Garden City Off Western Express Highway, Mumbai, Maharashtra, India – 400063.
Chep India can be reached through the website chep.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Chep 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 GSTIN of Chep India is 27AADCC3230A1ZF, registered in Maharashtra. The company has 33 GST registrations in all, of which 19 are active and 14 are cancelled or inactive. Other active GSTINs include 02AADCC3230A2ZQ (Himachal Pradesh), 03AADCC3230A1ZP (Punjab), 05AADCC3230A1ZL (Uttarakhand).
Chep India operated in the transport and logistics industry, in the 3pl (third party logistics) services segment.
Chep India has 9 deals on record (6 funding rounds, 2 rights issues, 1 acquisition), with disclosed funding of ₹561.5 Cr; the latest was in January 2025.