Karnavati Courier & Logistics Private Limited
About Karnavati Courier & Logistics Private Limited
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Karnavati Courier & Logistics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 18 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63013GJ2014PTC079178. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Karnavati Logistics Private Limited. It is led by directors Amit Hajabhai Odedra and Chetan Haribhai Barad.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat No A – 102 Palak Centre Opp Regency Tower Nehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2018, the company reported a revenue of ₹91.78 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹21.75 Lakh (net margin -23.7%) and EBITDA of -₹13.05 Lakh (EBITDA margin -14.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karnavati Courier & Logistics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No A – 102 Palak Centre Opp Regency Tower Nehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Karnavati Courier & 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
Business activity
The main business activity of Karnavati Courier & Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Karnavati Courier & Logistics Private Limited, buy the company report.
Financials of Karnavati Courier & Logistics Private Limited
FY 2018 filings availableKarnavati Courier & Logistics Private Limited reported revenue of ₹91.78 Lakh (up 8% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 8% growth in the latest year. EBITDA fell 43% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹13.05 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21.75 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.2% | |||
| Net Profit Margin | -23.7% | |||
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| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Karnavati Courier & Logistics Private Limited, buy the company report.
Board of directors of Karnavati Courier & Logistics Private Limited
Karnavati Courier & Logistics has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Hajabhai Odedra Also directs: Aaizoon Healthcare Private Limited | Director | 09 Oct 2017 | 9 Years 0 Months | Current |
| Chetan Haribhai Barad Also directs: Karnavati Ware Housing Management Private Limited | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Karnavati Courier & Logistics Private Limited is audited by TARALSHAH&ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARALSHAH&ASSOCIATES | FY 2017 | 131700W |
Shareholding
The shareholding of Karnavati Courier & Logistics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Karnavati Courier & Logistics Private Limited, buy the company report.
Legal cases
Karnavati Courier & Logistics Private Limited has 15 court cases on record: 1 filed by Karnavati Courier & Logistics, 14 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 14 | 5 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Motors Finance Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ashishbhai Shankarbhai Patel Director of Shree Mudra Logistic Pvt.Ltd. | Pending |
To see the full case history of Karnavati Courier & 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karnavati Courier & Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karnavati Courier & 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 Karnavati Courier & Logistics Private Limited, buy the company report.
Recent activity
Karnavati Courier & Logistics Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Amit Hajabhai Odedra ceased to be Director on 17 Jun 2021.
Frequently asked questions
Karnavati Courier & Logistics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 18 March 2014 (12+ years old) and is registered under CIN U63013GJ2014PTC079178.
Karnavati Courier & Logistics has 2 current directors:
- Amit Hajabhai Odedra - Director
- Chetan Haribhai Barad - Director
The latest financial statements of Karnavati Courier & Logistics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Karnavati Courier & Logistics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karnavati Courier & Logistics is U63013GJ2014PTC079178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnavati Courier & Logistics has 15 court cases on record: 1 filed by the company and 14 filed against it. 5 are pending.
Karnavati Courier & Logistics was incorporated on 18 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amit Hajabhai Odedra ceased to be Director on 17 Jun 2021. Kanchanben Chetanbhai Barad ceased to be Director on 15 May 2018. Amit Hajabhai Odedra was appointed as Director on 09 Oct 2017. Karnavati Courier & Logistics has 8 board changes on record in total.
The registered office of Karnavati Courier & Logistics is at Flat No A – 102 Palak Centre Opp Regency Tower Nehru Park Vastrapur, Ahmedabad, Gujarat, India – 380015.
Karnavati Courier & Logistics operates in the transport and logistics industry, in the express logistics segment.
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