About Ceva Contract Logistics India Private Limited
Data last updated:
Ceva Contract Logistics India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sweet Clover Investment Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283520. Its GSTIN is 27AAXCS3281M1ZF (Maharashtra). The company holds 15 GST registrations, all of them active.
The company has an authorised share capital of ₹950 Cr and a paid-up capital of ₹440.22 Cr. It was formerly known as Stellar Value Chain Solutions Private Limited. It is led by directors including Paras Janakbhai Rawal and Vivek Saxena.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹332.78 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹78.26 Cr (net margin -23.5%) and EBITDA of ₹52.52 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 531 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Stellar Value Chain and Innovative Logistics. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹80 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 4 cases are pending. The company has 8 deals on record (6 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹440.37 Cr; the latest was in August 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stellarvaluechain.com.
Company details
Contact details
Ceva Contract Logistics India Private Limited's registered office is in Mumbai, Maharashtra. Its website is stellarvaluechain.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12th Floor E – Wing Times Square, Marol Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Ceva Contract 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
Brands
Ceva Contract Logistics India operates two associated brands: Stellar Value Chain and Innovative Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of warehousing, cold & supply chain management, and LTL transportation services | stellarvaluechain.com | |
| Provider of warehouse & supply chain management, and express transport solutions | innovativelogistics.in |
Business activity
The main business activity of Ceva Contract Logistics India is transport and storage. In detail, this covers warehousing and storage and land transport via road. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | |
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Ceva Contract Logistics India Private Limited, buy the company report.
Financials of Ceva Contract Logistics India Private Limited
FY 2025 filings availableCeva Contract Logistics India Private Limited reported revenue of ₹332.78 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 80% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78.26 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 | 15.8% | ||||
| Net Profit Margin | -23.5% | ||||
| 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 Ceva Contract Logistics India Private Limited, buy the company report.
Board of directors of Ceva Contract Logistics India Private Limited
Ceva Contract Logistics India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Janakbhai Rawal | Director | 20 Nov 2023 | 2 Years 11 Months | Current |
| Vivek Saxena | Additional Director | 07 Jan 2025 | 1 Years 9 Months | Current |
| Franck Lingua | Additional Director | 09 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Ceva Contract Logistics India 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 Ceva Contract 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ceva Contract Logistics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2023 | 100742549 | Tata Capital Financial Services Limited | ₹8 Cr | Open | |
| 17 Oct 2023 | 100852353 | Others | ₹10 Cr | Satisfied | |
| 02 Feb 2023 | 100729571 | Others | ₹30 Cr | Satisfied | |
| 13 Sep 2022 | 100625322 | Others | ₹15 Cr | Satisfied | |
| 11 May 2021 | 100491529 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Ceva Contract Logistics India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Ceva Contract Logistics India Private Limited has 8 deals on record (6 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹440.37 Cr; the latest was in August 2023.
Deals on record (2 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Acquisition | Undisclosed | Buyer: an individual Seller: Warburg Pincus |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Ceva Contract Logistics 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
Ceva Contract Logistics India Private Limited has 12 court cases on record: 2 filed by Ceva Contract Logistics India, 10 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 4 |
| High courts | 3 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Mogli Labs India Pvt Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Zepto Limited | Disposed |
| NCLT, Principal Bench | Court case (TA(IBC)) | Filed against the company by Kiranakart Technologies Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Mirkute and Patil Developers Pvt. Ltd. and 37 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Ms 28 Maei Professionals and Advisor LLP Through Mr. Manish Sukhani | Pending |
To see the full case history of Ceva Contract 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 Ceva Contract Logistics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ceva Contract Logistics India has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Stellar Kelvin Cold Chain Logistics and Distribution Private Limited | U60230MH2007PTC173622 | |
| Stellar Innovative Transportation Solutions Private Limited | U63090WB2011PTC161241 |
To see the full group structure of Ceva Contract Logistics India Private Limited, buy the company report.
Employees & EPFO
Ceva Contract Logistics India Private Limited has a workforce of 531 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ceva Contract Logistics India has 15 GST registrations: 15 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS3281M1ZF | Maharashtra | Active | 01 Jul 2017 |
| 29AAXCS3281M1ZB | Karnataka | Active | 29 Aug 2017 |
| 07AAXCS3281M1ZH | Delhi | Active | 26 May 2018 |
| 09AAXCS3281M1ZD | Uttar Pradesh | Active | 11 Oct 2018 |
To see the full GST registrations and return filing status of Ceva Contract Logistics India Private Limited, buy the company report.
Recent activity
Ceva Contract Logistics India Private Limited has 14 board changes on record since 2016: 4 appointments and 10 cessations. The latest: Franck Lingua was appointed as Additional Director on 09 Jun 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Ceva Contract Logistics India is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283520.
Ceva Contract Logistics India has 3 current directors:
- Paras Janakbhai Rawal - Director
- Vivek Saxena - Additional Director
- Franck Lingua - Additional Director
The latest financial statements of Ceva Contract Logistics India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ceva Contract Logistics India is 27AAXCS3281M1ZF, registered in Maharashtra. The company has 15 GST registrations in all, of which 15 are active. Other active GSTINs include 29AAXCS3281M1ZB (Karnataka), 07AAXCS3281M1ZH (Delhi), 09AAXCS3281M1ZD (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ceva Contract Logistics India is U74999MH2016PTC283520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ceva Contract Logistics India has 12 court cases on record: 2 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
Ceva Contract Logistics India was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Ceva Contract Logistics India has 8 deals on record (6 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹440.37 Cr; the latest was in August 2023.
Franck Lingua was appointed as Additional Director on 09 Jun 2025. Vivek Saxena was appointed as Additional Director on 07 Jan 2025. Brunno Oliveira Da Matta ceased to be Additional Director on 23 Sep 2024. Ceva Contract Logistics India has 14 board changes on record in total.
Ceva Contract Logistics India can be reached through the website stellarvaluechain.com. Its registered office is in Mumbai, Maharashtra, India.