MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0138128
Iway Logistics Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.84 Cr
▲ 14% YoY
Net profit · FY 2024
₹1.68 Cr
Net margin 4.7%
EBITDA · FY 2024
₹4.02 Cr
EBITDA margin 11.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
23
Provident fund records
About Iway Logistics Services Private Limited
Data last updated:
Iway Logistics Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 10 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2017PTC293671. Its GSTIN is 27AAECI4606B1Z0 (Maharashtra). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Alay Doshi and Kavita Anil Sinker.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rh34 Customercolonybchsltdmilatryroad Marol Andherieast, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.84 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 4.7%) and EBITDA of ₹4.02 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 60% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Iway Logistics Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0138128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iwayexx.in.
Company Details of Iway Logistics Services Private Limited
CIN U63030MH2017PTC293671
Registration Number 293671
Incorporation Date 10 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0138128
Recognitions & Rankings of Iway Logistics Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRh34 Customercolonybchsltdmilatryroad Marol Andherieast, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Iway Logistics Services 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity
The main business activity of Iway Logistics Services is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Iway Logistics Services Private Limited
FY 2024 filings availableIway Logistics Services Private Limited reported revenue of ₹35.84 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹35.84 Cr ▲ 14%
Net profit · FY 2024
₹1.68 Cr margin 4.7%
EBITDA · FY 2024
₹4.02 Cr margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 20%
5 years · compounded
▲ 60%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▼ 1%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 14% growth in the latest year. EBITDA rose 98% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹35.84 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹4.02 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.68 Cr | |
| 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.2% | |
| Net Profit Margin | 4.7% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Iway Logistics Services are in the company report.
: available in the company report
Board of Directors of Iway Logistics Services Private Limited
Iway Logistics Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alay Doshi | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Kavita Anil Sinker Also directs: Instant Delivery Systems Private. Limited | Director | 10 Apr 2017 | 9 Years 6 Months | Current |
| Anil Gajanan Sinkar Also directs: Instant Delivery Systems Private. Limited | Director | 10 Apr 2017 | 9 Years 6 Months | Current |
Auditor Details
Iway Logistics Services Private Limited is audited by SVH & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SVH & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹7.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2024 | Canara Bank | ₹7.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases
Iway Logistics Services Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by L and T Finance Limited. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K - East Ward | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
: available in 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
Iway Logistics Services Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Express Freight System (India) Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Iway Logistics Services Private Limited has a workforce of 23 employees as of Sep 23, 2025.
Employee count
23
Active EPFO establishments
2
Employee growth
283.33%
: available in the company report
Recent Activity
Iway Logistics Services Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Alay Doshi was appointed as Director on 01 Dec 2023.
Charges
A charge with Canara Bank of Rs. 750.00 Lakh registered on 29 Apr 2024 with Charge ID 100934113 was modified on 15 Jan 2025.
AGM
Iway Logistics Services Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 750.00 Lakh with Charge ID 100934113 was registered on 29 Apr 2024.
Filing
Iway Logistics Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Alay Doshi was appointed as Director.
Ceased
Kiriti Motilal Vora ceased to be Director.
Appointed
Anil Gajanan Sinkar was appointed as Director.
Appointed
Kavita Anil Sinker was appointed as Director.
Incorporation
10 Apr 2017
Iway Logistics Services Private Limited was registered on 10 Apr 2017 with Roc Mumbai & aged 9 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Iway Logistics Services has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
7
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI4606B1Z0 | Maharashtra | Active | 30 Nov 2017 |
| 24AAECI4606B1Z6 | Gujarat | Active | 02 Apr 2018 |
| 36AAECI4606B1Z1 | Telangana | Active | 03 Apr 2018 |
| 07AAECI4606B1Z2 | Delhi | Active | 05 Apr 2018 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Iway Logistics Services 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 10 April 2017 (9+ years old) and is registered under CIN U63030MH2017PTC293671.
Iway Logistics Services has 3 current directors:
- Alay Doshi - Director
- Kavita Anil Sinker - Director
- Anil Gajanan Sinkar - Director
The latest financial statements of Iway Logistics Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Iway Logistics Services is 27AAECI4606B1Z0, registered in Maharashtra. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAECI4606B1Z6 (Gujarat), 36AAECI4606B1Z1 (Telangana), 07AAECI4606B1Z2 (Delhi).
The CIN (Corporate Identification Number) of Iway Logistics Services is U63030MH2017PTC293671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iway Logistics Services has 4 court cases on record: 4 filed against it. 1 is pending.
Iway Logistics Services was incorporated on 10 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Alay Doshi was appointed as Director on 01 Dec 2023. Kiriti Motilal Vora ceased to be Director on 10 Oct 2018. Anil Gajanan Sinkar was appointed as Director on 10 Apr 2017. Iway Logistics Services has 4 board changes on record in total.
Yes, Iway Logistics Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0138128).
Iway Logistics Services has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
Iway Logistics Services can be reached through the website iwayexx.in. Its registered office is in Mumbai, Maharashtra, India.