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Evify Logitech Private Limited - transport and logistics in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8 Cr
▲ 74% YoY
Net loss · FY 2025
₹6.67 Cr
Net margin -83.4%
EBITDA · FY 2025
-₹5.57 Cr
EBITDA margin -69.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹79.35 Lakh
Issued & subscribed
Open charges
₹47.1 Lakh
Satisfied ₹63.72 Lakh
Company age
5 yrs
Est. 2021
Employees · EPFO
40
Provident fund records
About Evify Logitech Private Limited
Data last updated:
Evify Logitech Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 09 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2021PTC123993. Its GSTIN is 24AAGCE5487J1ZA (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹79.35 Lakh. It is led by directors including Devrishi Nareshkumar Arora and Pragya Vineet Mittal.
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 Office No. 809 & 810 8th Floor Titanium Business Hub Opp. Akash Empire Bhimrad Road, Surat, Gujarat, India – 395017.
As per the financials filed for FY 2025, the company reported a revenue of ₹8 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹6.67 Cr (net margin -83.4%) and EBITDA of -₹5.57 Cr (EBITDA margin -69.7%). Revenue has grown at a compounded annual rate (CAGR) of 372% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Evify. As per MCA filings, the company has open charges of ₹47.1 Lakh and satisfied charges of ₹63.72 Lakh on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending. The company has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.12 Cr; the latest was in January 2024. Its 10 peer companies in the same principal business activity (land transport via road) are compared by revenue, 5 larger and 5 smaller; the largest is Hyde Tour & Travel Private Limited with revenue of ₹8.03 Cr.
Evify Logitech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0082573). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evify.co.in.
Company details
CIN U63030GJ2021PTC123993
Registration Number 123993
Incorporation Date 09 July 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0082573
Key People
Devrishi Nareshkumar Arora Director Pragya Vineet Mittal Director Saurabh Rajan Nair Nominee Director Recognitions & Rankings of Evify Logitech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0082573
Contact details
Evify Logitech Private Limited's registered office is in Surat, Gujarat. Its website is evify.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 809 & 810 8th Floor Titanium Business Hub Opp. Akash Empire Bhimrad Road, Surat, Gujarat, India – 395017
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Evify Logitech Private Limited, buy the company report.
Comprehensive company report
Evify Logitech 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
Evify Logitech operates one associated brand: Evify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Local deliveries are facilitated through electric vehicles by Evify. | evify.co.in |
Business activity
The main business activity of Evify Logitech is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Evify Logitech Private Limited, buy the company report.
Financials of Evify Logitech Private Limited
FY 2025 filings availableEvify Logitech Private Limited reported revenue of ₹8 Cr (up 74% YoY) for FY 2025.
Revenue · FY 2025
₹8 Cr ▲ 74%
Net loss · FY 2025
₹6.67 Cr margin -83.4%
EBITDA · FY 2025
-₹5.57 Cr margin -69.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 372%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 197%
Revenue has grown at a compounded annual rate (CAGR) of 372% over three years, including 74% growth in the latest year. EBITDA fell 57% 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 |
|---|---|---|---|---|
| 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 | -₹5.57 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.67 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -69.7% | |||
| Net Profit Margin | -83.4% | |||
| 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 Evify Logitech Private Limited, buy the company report.
Board of directors of Evify Logitech Private Limited
Evify Logitech 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 |
|---|---|---|---|---|
| Devrishi Nareshkumar Arora Also directs: Evify Logitech Private Limited | Director | 09 Jul 2021 | 5 Years 3 Months | Current |
| Pragya Vineet Mittal Also directs: Evify Logitech Private Limited | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
| Saurabh Rajan Nair Also directs: Evify Logitech Private Limited, Zoivane Naturale Cosmetics Private Limited, Genexis Biotech Private Limited and 5 more | Nominee Director | 28 Jul 2025 | 1 Years 2 Months | Current |
Peer comparison
Evify Logitech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hyde Tour & Travel Private Limited | ₹8.03 Cr (FY 2025) | 63.0% | Haryana, India | |||
| Badrivishal Agencies Private Limited | ₹8.03 Cr (FY 2019) | 7.0% | New Delhi, Delhi, India | |||
| Rastey Commuting Services Private Limited | ₹8.03 Cr (FY 2024) | 45.0% | New Delhi, Delhi, India | |||
| Regent India Transway Private Limited | ₹8.02 Cr (FY 2024) | -4.0% | Ahmedabad, Gujarat, India | |||
| Green Technologies & Research Private Limited | ₹8 Cr (FY 2024) | -52.0% | Ulhasnagar, Maharashtra, India | |||
| Evify Logitech Private Limitedthis company | ₹8 Cr (FY 2025) | -₹6.67 Cr | -83.4% | 74.0% | 40 | Surat, Gujarat, India |
| Sei Trans Express Private Limited | ₹8 Cr (FY 2024) | Bangalore, Karnataka, India | ||||
| Friendship Express Private Limited | ₹7.99 Cr (FY 2025) | 114.0% | Khiddirpore, West Bengal, India | |||
| Ab Sea Container Private Limited | ₹7.98 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Parnami Logistics and Packing Centre Private Limited | ₹7.96 Cr (FY 2025) | 245.0% | Jaipur, Rajasthan, India | |||
| VDP People Logistics Private Limited | ₹7.95 Cr (FY 2024) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Evify Logitech Private Limited, buy the company report.
Auditor
Evify Logitech Private Limited is audited by M V G & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V G & ASSOCIATES | FY 2023 | 141155W |
Shareholding
The shareholding of Evify Logitech Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Evify Logitech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹47.1 Lakh
Satisfied charges
₹63.72 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2023 | 100704671 | Others | ₹47.1 Lakh | Open | |
| 16 Jan 2024 | 100852663 | Others | ₹42.48 Lakh | Satisfied | |
| 28 Nov 2023 | 100838314 | Others | ₹21.24 Lakh | Satisfied |
To see the full charge records of Evify Logitech Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Evify Logitech Private Limited has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.12 Cr; the latest was in January 2024.
Total deals
10
Funding rounds
5
Secondary share transfers
4
Rights issue
1
Disclosed funding
₹14.12 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Funding round · Pre-Series A | ₹10.81 Cr | Investors: Piper Serica Angel Fund, GVFL Limited |
| Nov 2022 | Funding round · Seed | ₹1.86 Cr | Investors: 4 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Illuminati Clan LLP , IVY Growth Associates, Pathbreakers Capital Private Limited Seller: an individual |
| May 2022 | Rights issue | ₹14.2 Lakh | Investors: Shrill Ventures LLP , 3 individuals |
| Mar 2022 | Funding round | ₹19 Lakh | Investors: Shrill Ventures LLP , 3 individuals |
To see the full deal history of Evify Logitech 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
Evify Logitech Private Limited has 5 court cases on record: 1 filed by Evify Logitech, 4 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Mestis Energy Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Mestis Energy Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Pending |
| District court, Ahmedabad, Gujarat | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Evify Logitech 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 Evify Logitech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evify Logitech Private Limited has a workforce of 40 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
-41.18%
GST
Evify Logitech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCE5487J1ZA | Gujarat | Active | 22 Jul 2021 |
To see the full GST registrations and return filing status of Evify Logitech Private Limited, buy the company report.
Recent activity
Evify Logitech Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Saurabh Rajan Nair was appointed as Nominee Director on 28 Jul 2025.
AGM
Evify Logitech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Saurabh Rajan Nair was appointed as Nominee Director.
Filing
Evify Logitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 16 Jan 2024 via Charge ID 100852663 with Others was fully satisfied on 19 Feb 2025.
Charges
A charge registered on 28 Nov 2023 via Charge ID 100838314 with Others was fully satisfied on 01 Jan 2025.
Ceased
Kamal Bansal ceased to be Nominee Director.
Appointed
Kamal Bansal was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100852663 was registered on 16 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100838314 was registered on 28 Nov 2023.
Charges
A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100704671 was registered on 27 Jan 2023.
Ceased
Mukul Manohar Goyal ceased to be Director.
Appointed
Pragya Vineet Mittal was appointed as Director.
3 earlier events are in the company report.
News
Frequently asked questions
Evify Logitech is an active private limited company based in Surat, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 09 July 2021 (5+ years old) and is registered under CIN U63030GJ2021PTC123993.
Evify Logitech has 3 current directors:
- Devrishi Nareshkumar Arora - Director
- Pragya Vineet Mittal - Director
- Saurabh Rajan Nair - Nominee Director
The latest financial statements of Evify Logitech 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 2022 are in the company report.
The GSTIN of Evify Logitech is 24AAGCE5487J1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Evify Logitech is U63030GJ2021PTC123993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evify Logitech has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Evify Logitech was incorporated on 09 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Evify Logitech has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.12 Cr; the latest was in January 2024.
The peers of Evify Logitech by revenue are Hyde Tour & Travel Private Limited, Badrivishal Agencies Private Limited, Rastey Commuting Services Private Limited, Regent India Transway Private Limited, Green Technologies & Research Private Limited and 5 more, all in the same principal business activity (land transport via road).
Saurabh Rajan Nair was appointed as Nominee Director on 28 Jul 2025. Kamal Bansal ceased to be Nominee Director on 07 Oct 2024. Kamal Bansal was appointed as Nominee Director on 10 Feb 2024. Evify Logitech has 7 board changes on record in total.
Yes, Evify Logitech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).