MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0038036
Challenge Logistics Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.78 Cr
▲ 33% YoY
Net profit · FY 2025
₹15.14 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹29.97 Lakh
EBITDA margin 3.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Open charges
₹42.5 Lakh
Satisfied ₹34 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
9
Provident fund records
About Challenge Logistics Private Limited
Data last updated:
Challenge Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH1997PTC110096. Its GSTIN is 27AAACC5046K1ZN (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors including Shiraz Salim Jamali (Whole-Time Director) and Salim Abdul Kassim Jamali (Whole-Time Director).
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 804/805 The Avenue International Airport Road Opp. The Leela Andheri (E), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.78 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹15.14 Lakh (net margin 1.5%) and EBITDA of ₹29.97 Lakh (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42.5 Lakh and satisfied charges of ₹34 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Challenge Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0038036). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website challengelogistics.com.
Company Details of Challenge Logistics Private Limited
CIN U63000MH1997PTC110096
Registration Number 110096
Incorporation Date 14 August 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0038036
Key People
Shiraz Salim Jamali Whole-Time Director Salim Abdul Kassim Jamali Whole-Time Director Kashmira Salim Jamali Director Recognitions & Rankings of Challenge Logistics
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address804/805 The Avenue International Airport Road Opp. The Leela Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Challenge Logistics 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Challenge Logistics Private Limited
The main business activity of Challenge Logistics is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Challenge Logistics Private Limited FY 2024 filings available
Challenge Logistics Private Limited reported revenue of ₹9.78 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹9.78 Cr ▲ 33%
Net profit · FY 2025
₹15.14 Lakh margin 1.5%
EBITDA · FY 2025
₹29.97 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR) of Challenge Logistics Private Limited
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 12%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 89%
5 years · compounded
▲ 37%
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 30% 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 of Challenge Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹29.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.14 Lakh | •••• | •••• | •••• | •••• |
| 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 of Challenge Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Challenge Logistics are in the company report.
Premium access
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Challenge Logistics Private Limited
Challenge Logistics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiraz Salim Jamali Also directs: Shiraz Jamali & Associates Private Limited | Whole-Time Director | 12 Sep 2013 | 13 Years 1 Months | Current |
| Salim Abdul Kassim Jamali Also directs: Shiraz Jamali & Associates Private Limited | Whole-Time Director | 14 Aug 1997 | 29 Years 2 Months | Current |
| Kashmira Salim Jamali | Director | 23 Apr 1998 | 28 Years 5 Months | Current |
Peer Comparison of Challenge Logistics Private Limited
Challenge Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qship Worldwide (India) Private Limited | ₹9.81 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Mega Mile Logistics Private Limited | ₹9.8 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Hyderabad, Telangana, India |
| Chakan Logistics Park Private Limited | ₹9.8 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Flexstore Tech Private Limited | ₹9.79 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| SD Freight India Logistics Private Limited | ₹9.79 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Kolkata, West Bengal, India |
| Challenge Logistics Private Limited this company | ₹9.78 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Ask Freight Forwarders Private Limited | ₹9.78 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Transplace Solutions Private Limited | ₹9.78 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Mohali, Punjab, India |
| Shreyas Shipping Agencies Private Limited | ₹9.77 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Thane, Maharashtra, India |
| Jha Logistics Projects (I) Private Limited | ₹9.77 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Thane, Maharashtra, India |
| Buoyant Logistics Services Private Limited | ₹9.76 Cr (FY 2021) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Challenge Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Challenge Logistics Private Limited
Challenge Logistics Private Limited is audited by R. Sundaresan Aiyar & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. Sundaresan Aiyar & Co. | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Challenge Logistics Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Challenge Logistics Private Limited
Open charges
₹42.5 Lakh
Satisfied charges
₹34 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2011 | The Zoroastrian Co-Operative Bank Limited | ₹30 Lakh | Open |
| 22 Sep 2000 | The Zoroestrian Co-Operative Bank Limited | ₹5 Lakh | Open |
| 07 May 1999 | The Zoroestrian Co-Operative Bank Limited | ₹7.5 Lakh | Open |
| 31 Mar 2007 | Axis Bank Limited | ₹9 Lakh | Satisfied |
| 08 Nov 2002 | The Zoroastrian Co-Operative Bank Limited | ₹25 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Challenge Logistics Private Limited
Challenge Logistics Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 01 Oct 2026.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by Eastern Cargo Carrier (I) Pvt. Ltd | Disposed |
Premium access
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Challenge Logistics Private Limited
Challenge Logistics Private Limited has a workforce of 9 employees as of Mar 26, 2024.
Employee count
9
Active EPFO establishments
1
Employee growth
-25%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Challenge Logistics Private Limited
Challenge Logistics Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Shiraz Salim Jamali was appointed as Whole-Time Director on 12 Sep 2013.
AGM
Challenge Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Challenge Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 31 Mar 2007 via Charge ID 10052323 with Axis Bank Limited was fully satisfied on 27 Nov 2013.
Appointed
Shiraz Salim Jamali was appointed as Whole-Time Director.
Ceased
Zarir Keki Khariwalla ceased to be Whole-Time Director.
Charges
A charge with The Zoroastrian Co-Operative Bank Limited of Rs. 30.00 Lakh registered on 14 Feb 2011 with Charge ID 10273804 was modified on 30 Nov 2011.
Charges
A charge registered on 08 Nov 2002 via Charge ID 80042215 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 30 Nov 2011.
Charges
A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 10273804 was registered on 14 Feb 2011.
Charges
A charge with The Zoroastrian Co-Operative Bank Limited of Rs. 25.00 Lakh registered on 08 Nov 2002 with Charge ID 80042215 was modified on 29 Jan 2008.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.00 Lakh with Charge ID 10052323 was registered on 31 Mar 2007.
Charges
A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 80042215 was registered on 08 Nov 2002.
Charges
A charge with The Zoroestrian Co-Operative Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 90143036 was registered on 22 Sep 2000.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Challenge Logistics Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Challenge Logistics Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Challenge Logistics Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Challenge Logistics Private Limited
Challenge Logistics has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC5046K1ZN | Maharashtra | Active | 01 Jul 2017 |
| 24AAACC5046K2ZS | Gujarat | Active | 01 Jul 2017 |
| 07AAACC5046K2ZO | Delhi | Active | 23 Jul 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Challenge Logistics Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Challenge Logistics Private Limited
Challenge Logistics 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 14 August 1997 (29+ years old) and is registered under CIN U63000MH1997PTC110096.
Challenge Logistics reported revenue of ₹9.78 Cr for FY 2025 (up 33% YoY).
Challenge Logistics has 3 current directors:
- Shiraz Salim Jamali - Whole-Time Director
- Salim Abdul Kassim Jamali - Whole-Time Director
- Kashmira Salim Jamali - Director
Challenge Logistics reported a net profit of ₹15.14 Lakh (net margin 1.5%) and EBITDA of ₹29.97 Lakh (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Challenge Logistics is -12% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Challenge Logistics is 27AAACC5046K1ZN, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACC5046K2ZS (Gujarat), 07AAACC5046K2ZO (Delhi).
The CIN (Corporate Identification Number) of Challenge Logistics is U63000MH1997PTC110096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Challenge Logistics has 1 court case on record: 1 filed against it.
Challenge Logistics was incorporated on 14 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Challenge Logistics by revenue are Qship Worldwide (India) Private Limited, Mega Mile Logistics Private Limited, Chakan Logistics Park Private Limited, Flexstore Tech Private Limited, SD Freight India Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Shiraz Salim Jamali was appointed as Whole-Time Director on 12 Sep 2013. Zarir Keki Khariwalla ceased to be Whole-Time Director on 31 Jul 2013. Kashmira Salim Jamali was appointed as Director on 23 Apr 1998. Challenge Logistics has 4 board changes on record in total.