About Ceva Freight (India) Private Limited
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Ceva Freight (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ceva Asia Pacific Holdings Company 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 integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 17 June 1985.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1985PTC289211. Its GSTIN is 06AAACC2674H1ZU (Haryana). The company held 10 GST registrations, of which 8 are active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹65.6 Lakh. It was formerly known as Circle Freight Inernational India Pvt Ltd and Egl Eagle Global Logistics (India) Pvt Ltd. It was led by directors including Vikash Agarwal (Managing Director) and Dwarkesh Sureshchandra Jhaveri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at The Qube A – 902/903 9th Floor M.V. Road Marol Andheri – East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2016, the company reported a revenue of ₹494.25 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹40.94 Cr (net margin 8.3%) and EBITDA of ₹55 Cr (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company had about 604 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹20.56 Lakh and satisfied charges of ₹13.23 Cr on record. Court records list 24 cases involving the company, including 14 filed by the company and 10 filed against it; 2 cases are pending.
The last known website on record is cevalogistics.com.
Company details
Name history
Ceva Freight (India) has undergone 2 name changes throughout its history. The company was previously known as Circle Freight Inernational India Pvt Ltd, and Egl Eagle Global Logistics (India) Pvt Ltd. The current legal name is Ceva Freight (India) Private Limited.
| Company Name | Status |
|---|---|
| Ceva Freight (India) Private Limited | Current |
| Circle Freight Inernational India Pvt Ltd | Previous |
| Egl Eagle Global Logistics (India) Pvt Ltd | Previous |
CIN history
Ceva Freight (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899MH1985PTC289211, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1985PTC289211 | Current |
| U74899DL1985PTC021230 | Previous |
| U74899HR1985PTC038755 | Previous |
Contact details
Ceva Freight (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is cevalogistics.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressThe Qube A – 902/903 9th Floor M.V. Road Marol Andheri – East, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services, Cold Storage & Warehousing Services
To see the full contact details of Ceva Freight (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 Ceva Freight (India) Private Limited
FY 2016 filings availableCeva Freight (India) Private Limited reported revenue of ₹494.25 Cr (up 5% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 60% 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹494.25 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹55 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹40.94 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.1% | |
| Net Profit Margin | 8.3% | |
| 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 Freight (India) Private Limited, buy the company report.
Board of directors of Ceva Freight (India) Private Limited
Ceva Freight (India) has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarkesh Sureshchandra Jhaveri | Whole-Time Director | 06 Aug 2014 | 12 Years 2 Months | As last reported |
| Antony Bennan | Whole-Time Director | 15 Feb 2016 | 10 Years 8 Months | As last reported |
| Vikash Agarwal | Managing Director | 10 Jun 2014 | 12 Years 4 Months | As last reported |
Auditor
Ceva Freight (India) Private Limited is audited by Price Water house. LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Water house. LLP | FY 2016 | 012754N |
Shareholding
The shareholding of Ceva Freight (India) Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ceva Freight (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2015 | 100053202 | Others | ₹20.56 Lakh | Open | |
| 20 May 2011 | 10290357 | Deutsche Bank Ag | ₹13.23 Cr | Satisfied |
To see the full charge records of Ceva Freight (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ceva Freight (India) Private Limited has 24 court cases on record: 14 filed by Ceva Freight (India), 10 filed against it. 2 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 7 | 0 |
| District courts | 11 | 3 | 2 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed by the company against Ruchi Worldwide Ltd and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Kanchan Vanijya Pvt. Ltd. | Pending |
| District court, South, Delhi | Civil suit | Filed by the company against Ag Aerovision Electronics Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Dataserv Apac Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Ruchi Worldwide Ltd | Disposed |
To see the full case history of Ceva Freight (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 Freight (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ceva Freight (India) Private Limited has a workforce of 604 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ceva Freight (India) has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACC2674H1ZU | Haryana | Active | 01 Jul 2017 |
| 22AAACC2674H1Z0 | Chhattisgarh | Active | 01 Jul 2017 |
| 32AAACC2674H1ZZ | Kerala | Active | 01 Jul 2017 |
| 33AAACC2674H2ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ceva Freight (India) Private Limited, buy the company report.
Recent activity
Ceva Freight (India) Private Limited has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Antony Bennan was appointed as Whole-Time Director on 15 Feb 2016.
11 earlier events are in the company report.
News
Frequently asked questions
Ceva Freight (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.
Ceva Freight (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 17 June 1985 and is registered under CIN U74899MH1985PTC289211. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ceva Freight (India) was incorporated on 17 June 1985. It is registered with the Registrar of Companies, Mumbai.
Ceva Freight (India) had 3 directors:
- Vikash Agarwal - Managing Director
- Dwarkesh Sureshchandra Jhaveri - Whole-Time Director
- Antony Bennan - Whole-Time Director
The CIN (Corporate Identification Number) of Ceva Freight (India) is U74899MH1985PTC289211. 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 Ceva Freight (India) is at The Qube A – 902903 9th Floor M.V. Road Marol Andheri – East, Mumbai, Maharashtra, India – 400059.
Ceva Freight (India) can be reached through the website cevalogistics.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Ceva Freight (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Ceva Freight (India) is 06AAACC2674H1ZU, registered in Haryana. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 22AAACC2674H1Z0 (Chhattisgarh), 32AAACC2674H1ZZ (Kerala), 33AAACC2674H2ZW (Tamil Nadu).
Ceva Freight (India) operated in the transport and logistics industry, in the integrated and diversified logistics services segment.