About GRS Logistics Private Limited
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GRS Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, 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 11 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2016PTC274217. Its GSTIN is 27AAGCG3180Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raju Jilesingh Kagada and Ankush Raju Kagada.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Chl – 15 R – 9 Samrat Ashok Nagar M.C.Chagla Road Vile Parle (East) Near C.P.W.D. Office, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.22 Cr, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹2.44 Lakh (net margin 2%) and EBITDA of ₹2.48 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grslogistics.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressChl – 15 R – 9 Samrat Ashok Nagar M.C.Chagla Road Vile Parle (East) Near C.P.W.D. Office, Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Integrated & Diversified 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
Business Activity of GRS Logistics Private Limited
The main business activity of GRS Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
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 GRS Logistics Private Limited FY 2023 filings available
GRS Logistics Private Limited reported revenue of ₹1.22 Cr (up 138% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of GRS Logistics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 138% growth 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 GRS Logistics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹2.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.44 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 GRS Logistics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 GRS Logistics are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of GRS Logistics Private Limited
GRS Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Electrev Mobility Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Etime Logistics Private Limited | •••• | •••• | •••• | •••• | - | Mundra, Gujarat, India |
| Banwari Logistics & Shipping Company Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Maricon (I) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Diligent Logistics Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| GRS Logistics Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nys Logistics India Private Limited | •••• | •••• | •••• | •••• | - | Greater Noida, Uttar Pradesh, India |
| Garv Logistics Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pamex Logistics India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Indtrans Container Lines Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Shivshakti Express India Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below GRS Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of GRS Logistics Private Limited
GRS Logistics Private Limited is audited by R R BANDEKAR & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R BANDEKAR & ASSOCIATES | Locked | Locked | Locked |
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.
Board of Directors of GRS Logistics Private Limited
GRS Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Jilesingh Kagada | Director | 11 Mar 2016 | 10 Years 6 Months | Current |
| Ankush Raju Kagada | Director | 11 Mar 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of GRS Logistics Private Limited
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 GRS Logistics Private Limited
GRS Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at GRS Logistics Private Limited
Employment history and EPFO contributions of people linked to GRS Logistics.
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 GRS Logistics Private Limited
GRS Logistics Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ankush Raju Kagada was appointed as Director on 11 Mar 2016.
Credit Ratings, Litigation & Regulatory Alerts for GRS Logistics Private 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 GRS Logistics Private 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 GRS Logistics Private 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 GRS Logistics Private Limited
GRS Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG3180Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
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 GRS Logistics Private 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 GRS Logistics Private Limited
GRS 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 11 March 2016 (10+ years old) and is registered under CIN U63000MH2016PTC274217.
GRS Logistics reported revenue of ₹1.22 Cr for FY 2023 (up 138% YoY).
GRS Logistics has 2 current directors:
- Raju Jilesingh Kagada - Director
- Ankush Raju Kagada - Director
GRS Logistics reported a net profit of ₹2.44 Lakh (net margin 2%) and EBITDA of ₹2.48 Lakh (EBITDA margin 2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of GRS Logistics is 3% over three years and 28% over five years. In the latest year (FY 2023) revenue rose 138%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of GRS Logistics is 27AAGCG3180Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of GRS Logistics is U63000MH2016PTC274217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GRS Logistics was incorporated on 11 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of GRS Logistics by revenue are Electrev Mobility Private Limited, Etime Logistics Private Limited, Banwari Logistics & Shipping Company Private Limited, Maricon (I) Private Limited, Diligent Logistics Solutions Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Ankush Raju Kagada was appointed as Director on 11 Mar 2016. Raju Jilesingh Kagada was appointed as Director on 11 Mar 2016.
Yes, GRS Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).