- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0006830

About Jetspeed Logistics Private Limited
Data last updated:
Jetspeed Logistics 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 27 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2006PTC160756. Its GSTIN is 27AABCJ8734C1ZN (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shailendra Matolia (Managing Director) and Ajay Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 601/602 6th Floor K P Aurumbuilding Marol Maroshi Road Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.59 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 1.5%) and EBITDA of ₹3.44 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 18% over five years.
The company has about 118 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jetspeed. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹9.9 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 4 cases are pending.
Jetspeed Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0006830). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jetspeed.co.in.
Company details
Recognitions & Rankings of Jetspeed Logistics
Contact details
Jetspeed Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is jetspeed.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 601/602 6th Floor K P Aurumbuilding Marol Maroshi Road Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Jetspeed Logistics 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
Jetspeed Logistics operates one associated brand: Jetspeed. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers air, ocean freight, customs brokerage, and project management services globally. | jetspeed.co.in |
Business activity
The main business activity of Jetspeed Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Jetspeed Logistics Private Limited, buy the company report.
Financials of Jetspeed Logistics Private Limited
FY 2025 filings availableJetspeed Logistics Private Limited reported revenue of ₹135.59 Cr (up 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 57% growth in the latest year. EBITDA rose 267% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.44 Cr | ||||
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| Net Profit (PAT) | ₹2.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Jetspeed Logistics Private Limited, buy the company report.
Board of directors of Jetspeed Logistics Private Limited
Jetspeed Logistics has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Matolia | Managing Director | 28 May 2010 | 16 Years 5 Months | Current |
| Ajay Sharma | Whole-Time Director | 24 Jan 2008 | 18 Years 9 Months | Current |
| Siddharth Matolia | Whole-Time Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Sudha Matolia | Director | 28 May 2010 | 16 Years 5 Months | Current |
| Nilesh Satyanarayan Matolia | Whole-Time Director | 27 Mar 2006 | 20 Years 7 Months | Current |
| Rekha Nilesh Matolia | Whole-Time Director | 18 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Jetspeed Logistics Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flomic Freight Services Pvt Ltd | ₹136.05 Cr (FY 2019) | 39.0% | Mumbai, Maharashtra, India | |||
| Jak Maritime & Logistics India Private Limited | ₹135.84 Cr (FY 2025) | 46.0% | Kolkata, West Bengal, India | |||
| Jetspeed Logistics Private Limitedthis company | ₹135.59 Cr (FY 2025) | ₹2.08 Cr | 1.5% | 57.0% | 118 | Mumbai, Maharashtra, India |
| Care Container Lines Private Limited | ₹135.11 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Caterpillar Cargo Solutions India Private Limited | ₹134.32 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Jetspeed Logistics Private Limited, buy the company report.
Auditor
Jetspeed Logistics Private Limited is audited by K M Garg & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M Garg & Co. | FY 2024 | 120712W |
Shareholding
The shareholding of Jetspeed Logistics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jetspeed Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2023 | 100736036 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 04 Oct 2021 | 100508111 | Others | ₹6.4 Cr | Satisfied | |
| 21 Dec 2017 | 100145994 | Citi Bank N.A. | ₹3 Cr | Satisfied | |
| 16 Jan 2015 | 10548722 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Jetspeed Logistics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Jetspeed Logistics Private Limited has 6 court cases on record: 6 filed by Jetspeed Logistics. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Samrat Gems Impex Private Limited | Pending |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed by the company against Tuff Offshore Energy and Engineering (India ) Pvt Ltd., Rep by Its Director Ramesh Paulraj and 5 others | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Samrat Gems Impex Private Limited | Disposed |
| High Court | Arbitration matter | Filed by the company against Jindal Poly Films Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against individuals | Pending |
To see the full case history of Jetspeed Logistics 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.
Credit ratings & regulatory alerts
Jetspeed Logistics Private Limited was last rated by Crisil on 08 Mar 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 08 Mar 2018 |
To see the full credit ratings and regulatory alerts of Jetspeed Logistics Private Limited, buy the company report.
MSME payment delays
Jetspeed Logistics Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 81 overdue payments to 7 micro and small suppliers. 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Total Transport Systems Limited |
To see the full MSME payment records of Jetspeed Logistics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jetspeed Logistics Private Limited has a workforce of 118 employees on its EPFO records as of Apr 03, 2025, across 1 active EPFO establishment.
GST
Jetspeed Logistics has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ8734C1ZN | Maharashtra | Active | 01 Jul 2017 |
| 27AABCJ8734C2ZM | Maharashtra | Active | 01 Mar 2025 |
| 33AABCJ8734C1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 24AABCJ8734C1ZT | Gujarat | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Jetspeed Logistics Private Limited, buy the company report.
Recent activity
Jetspeed Logistics Private Limited has 14 board changes on record since 2006: 6 appointments and 8 cessations. The latest: Siddharth Matolia ceased to be Additional Director on 30 Nov 2021.
14 earlier events are in the company report.
Frequently asked questions
Jetspeed 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 27 March 2006 (20+ years old) and is registered under CIN U63090MH2006PTC160756.
Jetspeed Logistics has 6 current directors:
- Shailendra Matolia - Managing Director
- Ajay Sharma - Whole-Time Director
- Siddharth Matolia - Whole-Time Director
- Nilesh Satyanarayan Matolia - Whole-Time Director
- Rekha Nilesh Matolia - Whole-Time Director
- Sudha Matolia - Director
The latest financial statements of Jetspeed Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jetspeed Logistics is 27AABCJ8734C1ZN, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCJ8734C2ZM (Maharashtra), 33AABCJ8734C1ZU (Tamil Nadu), 24AABCJ8734C1ZT (Gujarat).
The CIN (Corporate Identification Number) of Jetspeed Logistics is U63090MH2006PTC160756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jetspeed Logistics has 6 court cases on record: 6 filed by the company. 4 are pending. Most are in the district courts.
Jetspeed Logistics was incorporated on 27 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jetspeed Logistics by revenue are Flomic Freight Services Pvt Ltd, Jak Maritime & Logistics India Private Limited, Care Container Lines Private Limited, Caterpillar Cargo Solutions India Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Siddharth Matolia ceased to be Additional Director on 30 Nov 2021. Siddharth Matolia was appointed as Whole-Time Director on 01 Apr 2021. Satya Narayan Matolia ceased to be Whole-Time Director on 13 Aug 2018. Jetspeed Logistics has 14 board changes on record in total.
Yes, Jetspeed Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0006830).
Jetspeed Logistics has 7 MSME Form 1 returns on record between 2019 and 2024, listing 81 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Jetspeed Logistics can be reached through the website jetspeed.co.in. Its registered office is in Mumbai, Maharashtra, India.

