Issgf India Private Limited
About Issgf India Private Limited
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Issgf India Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Iss Global Forwarding One Person Company Llc. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 04 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2018FTC310257. Its GSTIN is 27AAECI9044D1ZM (Maharashtra). The company holds 12 GST registrations, all of them active.
The company has an authorised share capital of ₹20.5 Cr and a paid-up capital of ₹6.9 Cr. It is led by directors Magesh Ganesan and Shivaji Shivam Prasad.
Its last annual general meeting (AGM) was held on 25 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 31 Reliable Tech Park, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,069.08 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹34.2 Cr (net margin -3.2%) and EBITDA of -₹9.92 Cr (EBITDA margin -0.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 88% over five years.
The company has about 206 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Integrated Service Solutions. As per MCA filings, the company has satisfied charges of ₹40 Cr on record. Court records list 29 cases involving the company, including 24 filed by the company and 5 filed against it; 13 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹14 Cr; the latest was in May 2025.
Company details
Contact details
Issgf India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address404 – A 04th Floor C – Wing Gut No: 31 Reliable Tech Park Thane Belapur Road, Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Issgf India Private Limited, buy the company report.
- 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
Issgf India operates one associated brand: Integrated Service Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global logistics provider offering air, sea, road, and multimodal freight services. | iss-gf.com |
Business activity
The main business activity of Issgf India is transport and storage. In detail, this covers water transport, air transport and land transport via road. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport | |
| H | Transport and storage | H4 | Air transport | |
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Issgf India Private Limited, buy the company report.
Financials of Issgf India Private Limited
FY 2024 filings availableIssgf India Private Limited reported revenue of ₹1,069.08 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 88%. EBITDA fell 119% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.92 Cr | ||||
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| Net Profit (PAT) | -₹34.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -3.2% | ||||
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To see the full financial statements and ratios of Issgf India Private Limited, buy the company report.
Board of directors of Issgf India Private Limited
Issgf India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Magesh Ganesan | Director | 19 Dec 2023 | 2 Years 10 Months | Current |
| Shivaji Shivam Prasad | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Issgf India Private Limited is audited by Price Waterhouse Chartered Accountant LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountant LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Issgf India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Issgf India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2022 | 100600396 | Hdfc Bank Limited | ₹40 Cr | Satisfied |
To see the full charge records of Issgf India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Issgf India Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹14 Cr; the latest was in May 2025.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Funding round | ₹14 Cr | Investors: ISS Global Forwarding One Person Company LLC |
| Sep 2018 | Rights issue | ₹3.25 Cr | Investors: ISS Global Forwarding One Person Company LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Issgf India Private Limited has 29 court cases on record: 24 filed by Issgf India, 5 filed against it. 13 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 5 | 13 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Oasis Shipping Pvt Ltd and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against B9 Beverages Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Rasik Products Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Vecton International Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Prime Rigs Limited. and 2 others | Disposed |
To see the full case history of Issgf India 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 Issgf India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Issgf India Private Limited has a workforce of 206 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Issgf India has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI9044D1ZM | Maharashtra | Active | 11 Jul 2018 |
| 27AAECI9044D2ZL | Maharashtra | Active | 26 Mar 2025 |
| 24AAECI9044D1ZS | Gujarat | Active | 20 Jul 2018 |
| 33AAECI9044D1ZT | Tamil Nadu | Active | 08 Aug 2018 |
To see the full GST registrations and return filing status of Issgf India Private Limited, buy the company report.
Recent activity
Issgf India Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Jubin Joseph Mathew ceased to be Director on 05 Jan 2024.
Frequently asked questions
Issgf India is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 04 June 2018 (8+ years old) and is registered under CIN U63030MH2018FTC310257.
Issgf India has 2 current directors:
- Magesh Ganesan - Director
- Shivaji Shivam Prasad - Director
The latest financial statements of Issgf India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 February 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Issgf India is 27AAECI9044D1ZM, registered in Maharashtra. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 27AAECI9044D2ZL (Maharashtra), 24AAECI9044D1ZS (Gujarat), 33AAECI9044D1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Issgf India is U63030MH2018FTC310257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Issgf India has 29 court cases on record: 24 filed by the company and 5 filed against it. 13 are pending. Most are in the district courts.
Issgf India was incorporated on 04 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Issgf India has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹14 Cr; the latest was in May 2025.
Jubin Joseph Mathew ceased to be Director on 05 Jan 2024. Magesh Ganesan ceased to be Additional Director on 29 Dec 2023. Magesh Ganesan was appointed as Director on 19 Dec 2023. Issgf India has 4 board changes on record in total.
The registered office of Issgf India is at 404 – A 04th Floor C – Wing Gut No: 31 Reliable Tech Park Thane Belapur Road, Airoli, Navi Mumbai, Maharashtra, India – 400708.