MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0025845
Dependo Logistics Solutions Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹120.53 Cr
▲ 26% YoY
Net loss · FY 2025
₹2.9 Cr
Net margin -2.4%
EBITDA · FY 2025
-₹1.55 Cr
EBITDA margin -1.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
63
Provident fund records
Directors on board
2
As per MCA filings
About Dependo Logistics Solutions Private Limited
Data last updated:
Dependo Logistics Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Glow Networks Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 08 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2016PTC096361. Its GSTIN is 29AAFCD8466R1ZL (Karnataka). The company holds 17 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hari Narain Singla and Anuj Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D V K Spaces No. 2 13th Cross Service Road Hsr Layout Sector – 6, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹120.53 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹2.9 Cr (net margin -2.4%) and EBITDA of -₹1.55 Cr (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 13% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dependo. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending. The company has 3 deals on record (1 convertible or debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹12.08 Cr; the latest was in August 2021.
Dependo Logistics Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0025845). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dependo.com.
Company details
CIN U63030KA2016PTC096361
Registration Number 096361
Incorporation Date 08 September 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Glow Networks Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0025845
Recognitions & Rankings of Dependo Logistics Solutions
Contact details
Dependo Logistics Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is dependo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD V K Spaces No. 2 13th Cross Service Road Hsr Layout Sector – 6, Bangalore, Karnataka, India – 560102
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Dependo Logistics Solutions Private Limited, buy the company report.
Comprehensive company report
Dependo 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
Dependo Logistics Solutions operates one associated brand: Dependo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Doorstep pickup and packaging for courier services are provided. | dependo.com |
Business activity
The main business activity of Dependo Logistics Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Dependo Logistics Solutions Private Limited, buy the company report.
Financials of Dependo Logistics Solutions Private Limited
FY 2025 filings availableDependo Logistics Solutions Private Limited reported revenue of ₹120.53 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹120.53 Cr ▲ 26%
Net loss · FY 2025
₹2.9 Cr margin -2.4%
EBITDA · FY 2025
-₹1.55 Cr margin -1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 28%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 130%
3 years · compounded
▼ 30%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 26% growth in the latest year. EBITDA fell 130% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹1.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.9 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Dependo Logistics Solutions Private Limited, buy the company report.
Board of directors of Dependo Logistics Solutions Private Limited
Dependo Logistics Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Narain Singla Also directs: Altruist Technologies Private Limited, Glow Networks Private Limited, Secova Eservices Private Limited and 1 more | Additional Director | 17 Aug 2020 | 6 Years 2 Months | Current |
| Anuj Aggarwal Also directs: Dna Advisors LLP, Relay Strategy Private Limited, Altruist Technologies Private Limited and 3 more | Additional Director | 17 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Dependo Logistics Solutions Private Limited is audited by A V GARG AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V GARG AND ASSOCIATES | FY 2022 | 037099N |
Shareholding
The shareholding of Dependo Logistics Solutions 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dependo Logistics Solutions Private Limited, buy the company report.
Deals & funding
Dependo Logistics Solutions Private Limited has 3 deals on record (1 convertible or debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹12.08 Cr; the latest was in August 2021.
Total deals
3
Convertible or debt financing
1
Secondary share transfer
1
Acquisition
1
Disclosed funding
₹12.08 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Glow Networks Private Limited Seller: Quess Corp Limited |
| Aug 2020 | Acquisition | ₹10 Cr | Buyer: Glow Networks Private Limited Seller: Quess Corp Limited |
To see the full deal history of Dependo 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
Dependo Logistics Solutions Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pathankot, Punjab | Civil suit | Filed against the company by an individual | Pending |
| District court, Karnal, Haryana | Motor accident claim | Filed against the company by individuals | Pending |
| Madras High Court | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Dependo 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
No delayed payments to MSME suppliers are on our record for Dependo Logistics Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dependo Logistics Solutions Private Limited has a workforce of 63 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
63
Active EPFO establishments
1
Employee growth
-4.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 63 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Dependo Logistics Solutions Private Limited, buy the company report.
GST
Dependo Logistics Solutions has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
17
Active
16
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD8466R1ZL | Karnataka | Active | 01 Jul 2017 |
| 08AAFCD8466R1ZP | Rajasthan | Active | 11 Jul 2017 |
| 09AAFCD8466R1ZN | Uttar Pradesh | Active | 12 Jul 2017 |
| 36AAFCD8466R1ZQ | Telangana | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Dependo Logistics Solutions Private Limited, buy the company report.
Recent activity
Dependo Logistics Solutions Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Kundan Kumar Lal ceased to be Additional Director on 18 Aug 2020.
AGM
Dependo Logistics Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dependo Logistics Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kundan Kumar Lal ceased to be Additional Director.
Ceased
Srinivasan Guruprasad ceased to be Director.
Appointed
Anuj Aggarwal was appointed as Additional Director.
Appointed
Hari Narain Singla was appointed as Additional Director.
Ceased
Subramanian Ramakrishnan ceased to be Additional Director.
Ceased
Subrata Nag Kumar ceased to be Director.
Incorporation
08 Sep 2016
Dependo Logistics Solutions Private Limited was registered on 08 Sep 2016 with Roc Bangalore & aged 10 years 2 months as per MCA records.
Frequently asked questions
Dependo Logistics Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 08 September 2016 (10+ years old) and is registered under CIN U63030KA2016PTC096361.
Dependo Logistics Solutions has 2 current directors:
- Hari Narain Singla - Additional Director
- Anuj Aggarwal - Additional Director
The latest financial statements of Dependo Logistics Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Dependo Logistics Solutions is 29AAFCD8466R1ZL, registered in Karnataka. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAFCD8466R1ZP (Rajasthan), 09AAFCD8466R1ZN (Uttar Pradesh), 36AAFCD8466R1ZQ (Telangana).
The CIN (Corporate Identification Number) of Dependo Logistics Solutions is U63030KA2016PTC096361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dependo Logistics Solutions has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Dependo Logistics Solutions was incorporated on 08 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Dependo Logistics Solutions has 3 deals on record (1 convertible or debt financing, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹12.08 Cr; the latest was in August 2021.
Kundan Kumar Lal ceased to be Additional Director on 18 Aug 2020. Srinivasan Guruprasad ceased to be Director on 18 Aug 2020. Anuj Aggarwal was appointed as Additional Director on 17 Aug 2020. Dependo Logistics Solutions has 6 board changes on record in total.
Yes, Dependo Logistics Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0025845).
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