About Expressit Logistics Worldwide Limited
Data last updated:
Expressit Logistics Worldwide Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the 3pl (third party logistics) services segment of the transport and logistics sector. It was incorporated on 01 May 2002.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2002PLC135720. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.29 Cr. It is led by directors including Ashis Motilal Nain (Managing Director) and Ashish Moti Chhugani.
Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at A1 Ground Floor Sona Udyog Industrial Estate Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per MCA filings, the company has open charges of ₹11.75 Cr and satisfied charges of ₹2.7 Cr on record. Court records list 21 cases involving the company, including 21 filed against it; 4 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.91 Cr; the latest was in April 2010.
The last known website on record is expressit.in.
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- Registered AddressA1 Ground Floor Sona Udyog Industrial Estate Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, 3PL (Third Party Logistics) Services
- 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
Financials of Expressit Logistics Worldwide Limited FY 2011 filings available
Financial Statement Summary of Expressit Logistics Worldwide Limited
| Metrics | FY 2010-11 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 Expressit Logistics Worldwide Limited
| Metrics | FY 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 Expressit Logistics Worldwide are in the company report.
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 Expressit Logistics Worldwide Limited
Expressit Logistics Worldwide has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashis Motilal Nain | Managing Director | 01 May 2002 | 24 Years 5 Months | As last reported |
| Palepu Sudhir Rao Also directs: Indusage Capital Managers LLP, Indusage Seed Capital LLP, Celesta India Aif LLP and 5 more | Nominee Director | 16 Jan 2006 | 20 Years 9 Months | As last reported |
| Ashish Moti Chhugani | Director | 27 Jan 2009 | 17 Years 8 Months | As last reported |
| Anil Chunilal Bhatia Also directs: Kaikobad Byramjee & Son Private Limited, Casby Green Mobility Solutions Private Limited, Jakari Trading Pvt Ltd and 5 more | Additional Director | 27 Aug 2012 | 14 Years 1 Months | As last reported |
Charges & Borrowings of Expressit Logistics Worldwide Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2009 | Others | ₹3 Cr | Open |
| 26 Sep 2007 | Axis Bank Limited | ₹8.6 Cr | Open |
| 22 Mar 2007 | Icici Bank Limited | ₹15.15 Lakh | Open |
| 06 May 2004 | The Ratnakar Bank Ltd. | ₹2.7 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Expressit Logistics Worldwide Limited
Expressit Logistics Worldwide Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.91 Cr; the latest was in April 2010.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2010 | Funding round | ₹7.09 Cr | Investors: Business Match Services (India) Private Limited , Sun Ark Services Private Limited , SIDBI Ventures |
| Mar 2008 | Secondary share transfer | Undisclosed | Seller: SIDBI Ventures, Indusage Management Services Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Sun Ark Services Private Limited Seller: 4 individuals |
| Feb 2008 | Funding round | ₹6 Cr | Investors: SIDBI Ventures, Indusage Management Services Private Limited |
| Aug 2006 | Funding round | ₹2.81 Cr | Investors: Business Match Services (India) Private Limited , Indusage Management Services Private Limited , SIDBI Ventures, an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Expressit Logistics Worldwide Limited
Expressit Logistics Worldwide Limited has 21 court cases on record: 21 filed against it. 4 cases are pending and 17 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 13 | 3 |
| District courts | 8 | 8 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Naaptol Online Shopping Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Naaptol Online Shopping Private Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Clover Infotech Private Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Clover Technologies Private Limited | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Clover Technologies Private Limited | Disposed |
Full case history
All 21 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 Expressit Logistics Worldwide Limited
Employment history and EPFO contributions of people linked to Expressit Logistics Worldwide.
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 Expressit Logistics Worldwide Limited
Expressit Logistics Worldwide Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Anil Chunilal Bhatia ceased to be Additional Director on 30 Sep 2012.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Expressit Logistics Worldwide Limited
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 Expressit Logistics Worldwide Limited
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 Expressit Logistics Worldwide Limited
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 Expressit Logistics Worldwide Limited
Expressit Logistics Worldwide has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Expressit Logistics Worldwide Limited
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 Expressit Logistics Worldwide Limited
Expressit Logistics Worldwide is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Expressit Logistics Worldwide is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in 3pl (third party logistics) services, within the transport and logistics industry. It was incorporated on 01 May 2002 and is registered under CIN U74999MH2002PLC135720. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Expressit Logistics Worldwide has 4 current directors:
- Ashis Motilal Nain - Managing Director
- Palepu Sudhir Rao - Nominee Director
- Ashish Moti Chhugani - Director
- Anil Chunilal Bhatia - Additional Director
The CIN (Corporate Identification Number) of Expressit Logistics Worldwide is U74999MH2002PLC135720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Expressit Logistics Worldwide has open charges of ₹11.75 Cr and satisfied charges of ₹2.7 Cr as per latest MCA filings.
Expressit Logistics Worldwide has 21 court cases on record: 21 filed against it. 4 are pending. Most are in the high courts.
Expressit Logistics Worldwide was incorporated on 01 May 2002. It is registered with the Registrar of Companies, Mumbai.
Expressit Logistics Worldwide has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.91 Cr; the latest was in April 2010.
Anil Chunilal Bhatia ceased to be Additional Director on 30 Sep 2012. Anil Chunilal Bhatia was appointed as Additional Director on 27 Aug 2012. Rajendra Sharadchandra Naik ceased to be Nominee Director on 01 Apr 2012. Expressit Logistics Worldwide has 10 board changes on record in total.
Expressit Logistics Worldwide can be reached through the website expressit.in. Its registered office is in Mumbai, Maharashtra, India.