About Kale Logistics Solutions Private Limited
Data last updated:
Kale Logistics Solutions Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2009PTC296820. Its GSTIN is 27AADCK7753L1Z0 (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹103 Cr and a paid-up capital of ₹62.86 Cr. It is led by directors including Narendra Harihar Kale and Vipul Prashad Jain.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 901 Thane One Dil Complex Ghodbunder Road Majiwada Thane West, Maharashtra, India – 400610.
As per the financials filed for FY 2025, the company reported a revenue of ₹114.83 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹34.87 Cr (net margin -30.4%) and EBITDA of -₹21.17 Cr (EBITDA margin -18.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 25% over five years.
The company is associated with 1 brand: Kale Logistics Solutions. As per MCA filings, the company has open charges of ₹19.23 Cr and satisfied charges of ₹8.45 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 17 deals on record (12 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹231.86 Cr; the latest was in September 2023. Its 10 peer companies in the Information Technology industry (SaaS Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Continuum Managed Solutions Private Limited with revenue of ₹141.81 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 12 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalelogistics.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 901 Thane One Dil Complex Ghodbunder Road Majiwada Thane West, Maharashtra, India – 400610
- IndustryInformation Technology, IT Consulting & Support 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
- One PDF report, delivered after checkout
Business Activity of Kale Logistics Solutions Private Limited
The main business activity of Kale Logistics Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kale Logistics Solutions Private Limited FY 2024 filings available
Kale Logistics Solutions Private Limited reported revenue of ₹114.83 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kale Logistics Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 22% growth 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 of Kale Logistics Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹21.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.87 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 of Kale Logistics Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.4% | •••• | •••• | •••• | •••• |
| 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 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 Kale Logistics Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (SaaS Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Continuum Managed Solutions Private Limited | ₹141.81 Cr (FY 2018) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Covalense Digital Solutions Private Limited | ₹131.61 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Iris Regtech Solutions Limited Listed | ₹128.51 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Thane, Maharashtra, India |
| Virtual Galaxy Infotech Limited | ₹120.43 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Nagpur, Maharashtra, India |
| Unicommerce Esolutions Limited | ₹119.97 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Kale Logistics Solutions Private Limited this company | ₹114.83 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Thane, Maharashtra, India |
| Paramotor Digital Technology Limited | ₹112.33 Cr (FY 2025) | •••• | •••• | 232.0% | •••• | Mumbai, Maharashtra, India |
| Sprinto Technology Private Limited | ₹110.77 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Bangalore, Karnataka, India |
| Ozonetel Communications Private Limited | ₹110.35 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Prohance India Private Limited | ₹105.65 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Binarylife Technology Private Limited | ₹104.64 Cr (FY 2016) | •••• | •••• | 75.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Kale Logistics Solutions by revenue in the Information Technology industry (SaaS Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited is audited by V G And Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V G And Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited currently reports 5 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Harihar Kale | Director | 25 Sep 2009 | 17 Years 0 Months | Current |
| Vipul Prashad Jain Also directs: Jaberkhet Ecodevelopment LLP, Hearth Ventures LLP, Ona Organic Company Private Limited and 4 more | Director | 25 Sep 2009 | 17 Years 0 Months | Current |
| Rajesh Vasudev Panicker | Director | 24 Nov 2014 | 11 Years 10 Months | Current |
| Prakash Parthasarathy Also directs: Creaegis Principals LLP, Creaegis Advisors LLP, JM Financial Services Limited and 1 more | Director | 19 Jan 2024 | 2 Years 8 Months | Current |
| Amar Arun More | Ceo | 12 Jun 2015 | 11 Years 3 Months | Current |
| Vineet Malhotra | Director | 12 Jun 2015 | 11 Years 3 Months | Current |
Ownership and Shareholding of Kale Logistics Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kale Logistics Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Others | ₹10 Cr | Open |
| 05 Aug 2017 | Others | ₹9.23 Cr | Open |
| 20 Mar 2023 | Sidbi | ₹7.5 Cr | Satisfied |
| 18 Feb 2012 | Small Industries Development Bank of India | ₹95 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited has 17 deals on record (12 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹231.86 Cr; the latest was in September 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Funding round · Series B | ₹163 Cr | Investors: Creaegis |
| Oct 2020 | Funding round · Series A | ₹1.35 Cr | Investors: 3 individuals |
| Aug 2020 | Rights issue | ₹5.55 Cr | Investors: 4 individuals |
| Oct 2019 | Funding round · Pre-Series A | ₹2.36 Cr | Investors: 3 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
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, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Municipal Corporation K / East Ward, Mumbai | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 12 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Benchmark IT Solutions India Private Limited | •••• | •••• | •••• |
| Crayon Software Experts India Private Limited | •••• | •••• | •••• |
| Ratein Infotech India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Kale Logistics Solutions Private Limited
Kale Logistics Solutions operates one associated brand: Kale Logistics Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platforms for logistics, ports, and trade facilitation are provided. | kalelogistics.com |
Employees and EPFO Compliance at Kale Logistics Solutions Private Limited
Employment history and EPFO contributions of people linked to Kale Logistics Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Kale Logistics Solutions Private Limited
Kale Logistics Solutions has one previous CIN (Corporate Identification Number): U72200PN2009PTC134735. The current CIN is U72200MH2009PTC296820, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2009PTC296820 | Current |
| U72200PN2009PTC134735 | Previous |
News related to Kale Logistics Solutions Private Limited
Recent Activity on Kale Logistics Solutions Private Limited
Kale Logistics Solutions Private Limited has 12 board changes on record since 2009: 7 appointments and 5 cessations. The latest: Prakash Parthasarathy ceased to be Additional Director on 27 Jun 2024.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kale Logistics Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kale Logistics Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kale Logistics Solutions Private Limited
Kale Logistics Solutions has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK7753L1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCK7753L2ZZ | Maharashtra | Active | 01 Feb 2024 |
| 27AADCK7753L3ZY | Maharashtra | Active | 09 Aug 2024 |
| 29AADCK7753L1ZW | Karnataka | Active | 05 Nov 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kale Logistics Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kale Logistics Solutions Private Limited
Kale Logistics Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 September 2009 (17+ years old) and is registered under CIN U72200MH2009PTC296820.
Kale Logistics Solutions reported revenue of ₹114.83 Cr for FY 2025 (up 22% YoY).
Kale Logistics Solutions has 6 current directors and KMP:
- Narendra Harihar Kale - Director
- Vipul Prashad Jain - Director
- Rajesh Vasudev Panicker - Director
- Prakash Parthasarathy - Director
- Vineet Malhotra - Director
- Amar Arun More - Ceo
Kale Logistics Solutions reported a net loss of ₹34.87 Cr (net margin -30.4%) and EBITDA of -₹21.17 Cr (EBITDA margin -18.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kale Logistics Solutions is 30% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kale Logistics Solutions is 27AADCK7753L1Z0, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCK7753L2ZZ (Maharashtra), 27AADCK7753L3ZY (Maharashtra), 29AADCK7753L1ZW (Karnataka).
The CIN (Corporate Identification Number) of Kale Logistics Solutions is U72200MH2009PTC296820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kale Logistics Solutions has 1 court case on record: 1 filed against it.
Kale Logistics Solutions was incorporated on 25 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Kale Logistics Solutions has 17 deals on record (12 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹231.86 Cr; the latest was in September 2023.
The peers of Kale Logistics Solutions by revenue are Continuum Managed Solutions Private Limited, Covalense Digital Solutions Private Limited, Iris Regtech Solutions Limited, Virtual Galaxy Infotech Limited, Unicommerce Esolutions Limited and 5 more, all in the Information Technology industry (SaaS Providers).
Prakash Parthasarathy ceased to be Additional Director on 27 Jun 2024. Shripad Subhash Inamdar was appointed as CFO on 01 Apr 2024. Prakash Parthasarathy was appointed as Director on 19 Jan 2024. Kale Logistics Solutions has 12 board changes on record in total.