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Celcius Logistics Solutions Private Limited - internet in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹90.92 Cr
▲ 113% YoY
Net loss · FY 2024
₹23.07 Cr
Net margin -25.4%
EBITDA · FY 2024
-₹21.74 Cr
EBITDA margin -23.9%
Authorised capital
₹26.85 Lakh
Registered with MCA
Paid-up capital
₹10.13 Lakh
Issued & subscribed
Open charges
₹175.7 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
309
Provident fund records
About Celcius Logistics Solutions Private Limited
Data last updated:
Celcius Logistics Solutions Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 10 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2020PTC341666. Its GSTIN is 27AAICC8038K1Z9 (Maharashtra). The company holds 18 GST registrations, all of them active.
The company has an authorised share capital of ₹26.85 Lakh and a paid-up capital of ₹10.13 Lakh. It is led by directors including Arbind Choradia Jain and Swarup Bose Beemal.
Its last annual general meeting (AGM) was held on 27 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2022 To 2025 Akshar Business Park, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.92 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net loss of ₹23.07 Cr (net margin -25.4%) and EBITDA of -₹21.74 Cr (EBITDA margin -23.9%). Revenue has grown at a compounded annual rate (CAGR) of 396% over three years.
The company has about 309 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Celcius. As per MCA filings, the company has open charges of ₹175.7 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 4 cases are pending. The company has 15 deals on record (9 funding rounds, 5 secondary share transfers, 1 debt financing), with disclosed funding of ₹385.13 Cr; the latest was in October 2025. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 84 overdue payments to 34 micro and small suppliers.
Celcius Logistics Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060985). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website celcius.in.
Company details
CIN U63030MH2020PTC341666
Registration Number 341666
Incorporation Date 10 July 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0060985
Key People
Arbind Choradia Jain Director Swarup Bose Beemal Director Ashish Wadhwani Nominee Director Recognitions & Rankings of Celcius Logistics Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0060985
Contact details
Celcius Logistics Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is celcius.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No. 2022 To 2025 Akshar Business Park Phase 1, Floor 2 H Wing Koperkirane Road Vashi Plot No. 3 Navi Mumbai, Thane, Maharashtra, India – 400703
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Celcius Logistics Solutions Private Limited, buy the company report.
Comprehensive company report
Celcius Logistics Solutions 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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Brands
Celcius Logistics Solutions operates one associated brand: Celcius. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cold chain logistics solutions are booked through an online platform. | celcius.in |
Business activity
The main business activity of Celcius Logistics Solutions 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 Celcius Logistics Solutions Private Limited, buy the company report.
Financials of Celcius Logistics Solutions Private Limited
FY 2024 filings availableCelcius Logistics Solutions Private Limited reported revenue of ₹90.92 Cr (up 113% YoY) for FY 2024.
Revenue · FY 2024
₹90.92 Cr ▲ 113%
Net loss · FY 2024
₹23.07 Cr margin -25.4%
EBITDA · FY 2024
-₹21.74 Cr margin -23.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 396%
EBITDA CAGR growth
1 year
▼ 178%
3 years · compounded
▼ 461%
Revenue has grown at a compounded annual rate (CAGR) of 396% over three years, including 113% growth in the latest year. EBITDA fell 178% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹90.92 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹21.74 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹23.07 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -23.9% | |||
| Net Profit Margin | -25.4% | |||
| 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 Celcius Logistics Solutions Private Limited, buy the company report.
Board of directors of Celcius Logistics Solutions Private Limited
Celcius Logistics Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arbind Choradia Jain | Director | 10 Jul 2020 | 6 Years 4 Months | Current |
| Swarup Bose Beemal | Director | 10 Jul 2020 | 6 Years 4 Months | Current |
| Ashish Wadhwani Also directs: Snitch Apparels Private Limited, Nupa Technologies Private Limited, Bigshort Tails Private Limited and 5 more | Nominee Director | 15 May 2024 | 2 Years 5 Months | Current |
Auditor
Celcius Logistics Solutions Private Limited is audited by THALE MANE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THALE MANE & ASSOCIATES | FY 2023 | 145202W |
Shareholding
The shareholding of Celcius Logistics Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Celcius Logistics Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹175.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2026 | 101377319 | Others | ₹5 Cr | Open | |
| 22 Apr 2026 | 101363158 | Others | ₹12 Cr | Open | |
| 21 Jan 2026 | 101363154 | Others | ₹15 Cr | Open | |
| 04 Nov 2025 | 101232284 | Others | ₹13 Cr | Open | |
| 27 Oct 2025 | 101232434 | Others | ₹18.5 Cr | Open |
Total charge records: 13 View all charges
Deals & funding
Celcius Logistics Solutions Private Limited has 15 deals on record (9 funding rounds, 5 secondary share transfers, 1 debt financing), with disclosed funding of ₹385.13 Cr; the latest was in October 2025.
Total deals
15
Funding rounds
9
Secondary share transfers
5
Debt financing
1
Disclosed funding
₹385.13 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round | ₹20 Cr | Investors: VentureSoul Partners |
| May 2025 | Funding round · Series B | ₹250 Cr | Investors: IvyCap Ventures, Trifecta Capital, Lighthouse Canton |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: SiriusOne Capital, Utpl Corporate Trustees Private Limited Seller: an individual |
| Jan 2022 | Funding round · Bridge | ₹32.99 Cr | Investors: Caret Capital(Supply Chain Labs), Angel List, LVX (LetsVenture) |
| Jun 2021 | Funding round · Seed | ₹3.33 Cr | Investors: Angel List, LVX (LetsVenture), MaGEHold, an individual |
To see the full deal history of Celcius Logistics Solutions 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
Celcius Logistics Solutions Private Limited has 14 court cases on record: 6 filed by Celcius Logistics Solutions, 8 filed against it. 4 cases are pending and 10 are disposed.
Total cases
14
Filed by the company
6
Filed against the company
8
Pending
4
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 7 | 2 |
| District courts | 3 | 1 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Bhairaveshwara Cool Point Private Limited Rep by Managing Director Hemanth P, | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Prop Sabharwal Food Industries Pvt Ltd and 1 other | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Bhairaveshwara Cool Point Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against M/S Sabharwal Food Industries Pvt Ltd & Anr. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Sabharwal Food Industries Pvt Ltd and Anr. | Disposed |
To see the full case history of Celcius Logistics Solutions 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
Celcius Logistics Solutions Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 84 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bombay Cold Chain Solution | |||
| an individual supplier | |||
| Nibha Logistics Private Limited | |||
| Yash Facility Services | |||
| an individual supplier |
To see the full MSME payment records of Celcius Logistics Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Celcius Logistics Solutions Private Limited has a workforce of 309 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Employee count
309
Active EPFO establishments
1
Employee growth
33.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 309 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Celcius Logistics Solutions Private Limited, buy the company report.
GST
Celcius Logistics Solutions has 18 GST registrations: 18 active. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
18
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC8038K1Z9 | Maharashtra | Active | 19 Aug 2020 |
| 27AAICC8038K2Z8 | Maharashtra | Active | 22 May 2026 |
| 09AAICC8038K1Z7 | Uttar Pradesh | Active | 28 Oct 2022 |
| 36AAICC8038K1ZA | Telangana | Active | 08 Feb 2023 |
To see the full GST registrations and return filing status of Celcius Logistics Solutions Private Limited, buy the company report.
Recent activity
Celcius Logistics Solutions Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Ernest Xue Renkai ceased to be Nominee Director on 10 Jul 2026.
Ceased
Ernest Xue Renkai ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101377319 was registered on 11 May 2026.
Charges
A charge with Others amounted to Rs. 1,200.00 Lakh with Charge ID 101363158 was registered on 22 Apr 2026.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 101363154 was registered on 21 Jan 2026.
Charges
A charge with Others amounted to Rs. 1,300.00 Lakh with Charge ID 101232284 was registered on 04 Nov 2025.
Charges
A charge with Others amounted to Rs. 1,850.00 Lakh with Charge ID 101232434 was registered on 27 Oct 2025.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 101154838 was registered on 21 Aug 2025.
Charges
A charge with Others amounted to Rs. 2,500.00 Lakh with Charge ID 101204826 was registered on 31 Jul 2025.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 101204821 was registered on 29 Jul 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101051483 was registered on 28 Jan 2025.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 101135558 was registered on 30 Dec 2024.
AGM
Celcius Logistics Solutions Private Limited last Annual general meeting of members was held on 27 Dec 2024 as per latest MCA records.
9 earlier events are in the company report.
News
Frequently asked questions
Celcius Logistics Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 10 July 2020 (6+ years old) and is registered under CIN U63030MH2020PTC341666.
Celcius Logistics Solutions has 3 current directors:
- Arbind Choradia Jain - Director
- Swarup Bose Beemal - Director
- Ashish Wadhwani - Nominee Director
The latest financial statements of Celcius Logistics Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 December 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Celcius Logistics Solutions is 27AAICC8038K1Z9, registered in Maharashtra. The company has 18 GST registrations in all, of which 18 are active. Other active GSTINs include 27AAICC8038K2Z8 (Maharashtra), 09AAICC8038K1Z7 (Uttar Pradesh), 36AAICC8038K1ZA (Telangana).
The CIN (Corporate Identification Number) of Celcius Logistics Solutions is U63030MH2020PTC341666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Celcius Logistics Solutions has 14 court cases on record: 6 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Celcius Logistics Solutions was incorporated on 10 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Celcius Logistics Solutions has 15 deals on record (9 funding rounds, 5 secondary share transfers, 1 debt financing), with disclosed funding of ₹385.13 Cr; the latest was in October 2025.
Ernest Xue Renkai ceased to be Nominee Director on 10 Jul 2026. Ashish Wadhwani was appointed as Nominee Director on 15 May 2024. Tej Kapoor ceased to be Nominee Director on 02 May 2024. Celcius Logistics Solutions has 5 board changes on record in total.
Yes, Celcius Logistics Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Celcius Logistics Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0060985).
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