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Hosa Solutions Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.8 Cr
▼ 24% YoY
Net loss · FY 2023
₹5.66 Cr
Net margin -72.5%
EBITDA · FY 2023
-₹5.32 Cr
EBITDA margin -68.2%
Authorised capital
₹4.6 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹3.15 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
13
Provident fund records
About Hosa Solutions Private Limited
Data last updated:
Hosa Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Logistimo India Private Limited and recognised as a startup by DPIIT. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 13 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63090KA2019PTC124275. Its GSTIN is 29AAECH9104K1ZB (Karnataka).
The company has an authorised share capital of ₹4.6 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Sharath Jayadev Chandangoudar and Amit Ramchandra Akkihal.
Its last annual general meeting (AGM) was held on 13 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.133/2 4th Floor Janardhan Towers Residency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.8 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹5.66 Cr (net margin -72.5%) and EBITDA of -₹5.32 Cr (EBITDA margin -68.2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tusker. As per MCA filings, the company has open charges of ₹3.15 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹4.57 Cr; the latest was in October 2022. Its 8 peer companies in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 3 larger and 5 smaller; the largest is Avn Freight Systems Private Limited with revenue of ₹7.83 Cr.
Hosa Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0035878). For more details, the company can be reached via its website tuskertransport.in.
Company details
CIN U63090KA2019PTC124275
Registration Number 124275
Incorporation Date 13 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 November 2023
Date of Balance Sheet 31 March 2023
Parent Company Logistimo India Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0035878
Recognitions & Rankings of Hosa Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0035878
Contact details
Hosa Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is tuskertransport.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressNo.133/2 4th Floor Janardhan Towers Residency Road, Bangalore, Karnataka, India – 560025
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Hosa Solutions Private Limited, buy the company report.
Comprehensive company report
Hosa 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
Hosa Solutions operates one associated brand: Tusker. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rural markets are connected via technology-enabled logistics services. | tuskergo.com |
Business activity
The main business activity of Hosa Solutions 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 Hosa Solutions Private Limited, buy the company report.
Financials of Hosa Solutions Private Limited
FY 2023 filings availableHosa Solutions Private Limited reported revenue of ₹7.8 Cr (down 24% YoY) for FY 2023.
Revenue · FY 2023
₹7.8 Cr ▼ 24%
Net loss · FY 2023
₹5.66 Cr margin -72.5%
EBITDA · FY 2023
-₹5.32 Cr margin -68.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 39%
EBITDA CAGR growth
3 years · compounded
▼ 112%
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | -₹5.32 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.66 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -68.2% | |||
| Net Profit Margin | -72.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Hosa Solutions Private Limited, buy the company report.
Board of directors of Hosa Solutions Private Limited
Hosa Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharath Jayadev Chandangoudar Also directs: Balaga Ventures Private Limited | Director | 13 May 2019 | 7 Years 5 Months | Current |
| Amit Ramchandra Akkihal Also directs: Logistimo India Private Limited | Director | 13 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Hosa Solutions Private Limited is compared with the 8 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with 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 |
|---|---|---|---|---|---|---|
| Avn Freight Systems Private Limited | ₹7.83 Cr (FY 2025) | 8.0% | Faridabad, Haryana, India | |||
| JCC Infrastructures Private Limited | ₹7.83 Cr (FY 2024) | -8.0% | Kolkata, West Bengal, India | |||
| Tejal Packers and Movers Private Limited | ₹7.83 Cr (FY 2024) | 200.0% | Jaipur, Rajasthan, India | |||
| Hosa Solutions Private Limitedthis company | ₹7.8 Cr (FY 2023) | -₹5.66 Cr | -72.5% | -24.0% | 13 | Bangalore, Karnataka, India |
| Bhandari Cargo Movers Private Limited | ₹7.79 Cr (FY 2025) | 13.0% | Uttarakhand, India | |||
| Universal Road Ship Private Limited | ₹7.77 Cr (FY 2025) | 69.0% | Kolkata, West Bengal, India | |||
| Om Moving and Storage Private Limited | ₹7.75 Cr (FY 2023) | -35.0% | Navi Mumbai, Maharashtra, India | |||
| Basant Logistics Private Limited | ₹7.75 Cr (FY 2025) | -9.0% | Neemrana, Rajasthan, India | |||
| Nigolice Arrow Vyapaar Private Limited | ₹7.74 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hosa Solutions Private Limited, buy the company report.
Auditor
Hosa Solutions Private Limited is audited by MOHANANDSRIDHAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANANDSRIDHAR | FY 2022 | 002097S |
Shareholding
The shareholding of Hosa Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hosa Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2021 | 100496747 | Others | ₹3.15 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Hosa Solutions Private Limited has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹4.57 Cr; the latest was in October 2022.
Total deals
3
Funding round
1
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹4.57 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Logistimo India Private Limited |
| Dec 2019 | Funding round | ₹93.7 Lakh | Investors: Logistimo India Private Limited |
To see the full deal history of Hosa 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
Hosa Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
To see the full case history of Hosa 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 Hosa Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hosa Solutions Private Limited has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-23.53%
GST
Hosa Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH9104K1ZB | Karnataka | Active | 13 Jul 2019 |
To see the full GST registrations and return filing status of Hosa Solutions Private Limited, buy the company report.
Recent activity
Hosa Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Amit Ramchandra Akkihal was appointed as Director on 13 May 2019.
AGM
Hosa Solutions Private Limited last Annual general meeting of members was held on 13 Nov 2023 as per latest MCA records.
Filing
Hosa Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 3.15 Cr with Charge ID 100496747 was registered on 18 Oct 2021.
Appointed
Amit Ramchandra Akkihal was appointed as Director.
Appointed
Sharath Jayadev Chandangoudar was appointed as Director.
Incorporation
13 May 2019
Hosa Solutions Private Limited was registered on 13 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Hosa Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 13 May 2019 (7+ years old) and is registered under CIN U63090KA2019PTC124275.
Hosa Solutions has 2 current directors:
- Sharath Jayadev Chandangoudar - Director
- Amit Ramchandra Akkihal - Director
The latest financial statements of Hosa Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 13 November 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Hosa Solutions is 29AAECH9104K1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Hosa Solutions is U63090KA2019PTC124275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hosa Solutions has 1 court case on record: 1 filed against it.
Hosa Solutions was incorporated on 13 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Hosa Solutions has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹4.57 Cr; the latest was in October 2022.
The peers of Hosa Solutions by revenue are Avn Freight Systems Private Limited, JCC Infrastructures Private Limited, Tejal Packers and Movers Private Limited, Bhandari Cargo Movers Private Limited, Universal Road Ship Private Limited and 3 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Amit Ramchandra Akkihal was appointed as Director on 13 May 2019. Sharath Jayadev Chandangoudar was appointed as Director on 13 May 2019.
Yes, Hosa Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).