About Initiators Logistics Private Limited
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Initiators Logistics Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 07 November 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U61200MH2012PTC237646. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Suresh Gangaram Panmand and Satish Savkar Pawar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.97 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹7.59 Lakh (net margin -3.8%) and EBITDA of -₹5.96 Lakh (EBITDA margin -3%).
The company was associated with 1 brand: Initiators.
The last known website on record is initiators.co.in.
Company details
Contact details
Initiators Logistics Private Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered AddressF – 14 Haware Centurion Plot No.88 To 91 Sector – 19A Near Seawood Station (E) Ne, Rul (E), Navi Mumbai, Maharashtra, India – 400706
- 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
Brands
Initiators Logistics operates one associated brand: Initiators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers ocean, air, road freight, project cargo, warehousing, and custom clearance services. | initiators.co.in |
Business activity
The main business activity of Initiators Logistics is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Initiators Logistics Private Limited, buy the company report.
Financials of Initiators Logistics Private Limited
FY 2016 filings availableInitiators Logistics Private Limited reported revenue of ₹1.97 Cr (down 75% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year. EBITDA fell 143% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹5.96 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.59 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3% | |
| Net Profit Margin | -3.8% | |
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To see the full financial statements and ratios of Initiators Logistics Private Limited, buy the company report.
Board of directors of Initiators Logistics Private Limited
Initiators Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Gangaram Panmand Also directs: Pancham Logistiks LLP, Metroe-Mobility Hub LLP, Sainath Granite and Marble LLP and 5 more | Director | 07 Nov 2012 | 13 Years 11 Months | As last reported |
| Satish Savkar Pawar Also directs: Initiators Logistics India Private Limited | Director | 07 Nov 2012 | 13 Years 11 Months | As last reported |
Legal cases
No court or tribunal cases involving Initiators Logistics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Initiators Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Initiators Logistics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Initiators Logistics Private Limited, buy the company report.
Recent activity
Initiators Logistics Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Satish Savkar Pawar was appointed as Director on 07 Nov 2012.
Frequently asked questions
Initiators Logistics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Initiators Logistics was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 07 November 2012 and is registered under CIN U61200MH2012PTC237646. The company has been struck off by the Registrar of Companies and is no longer operational.
Initiators Logistics had 2 directors:
- Suresh Gangaram Panmand - Director
- Satish Savkar Pawar - Director
The CIN (Corporate Identification Number) of Initiators Logistics is U61200MH2012PTC237646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Initiators Logistics is at F – 14 Haware Centurion Plot No.88 To 91 Sector – 19A Near Seawood Station E Ne, Rul E, Navi Mumbai, Maharashtra, India – 400706.
Initiators Logistics was incorporated on 07 November 2012. It is registered with the Registrar of Companies, Mumbai.
Initiators Logistics can be reached through the website initiators.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Initiators Logistics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Initiators Logistics has 1 GST registration on record and it is cancelled or inactive.
Initiators Logistics operated in the transport and logistics industry, in the integrated and diversified logistics services segment. It worked in this industry before it was struck off.