Lets Cargo Logistics Private Limited

Lets Cargo Logistics Private Limited - transport and logistics in Bengaluru, Karnataka, India. Directors, charges & compliance details.
CIN U63030KA2021PTC154900 Incorporated 26 November 2021 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2023
₹4.6 Lakh
Latest filing
Net loss · FY 2023
₹13.36 Lakh
Net margin -290.5%
EBITDA · FY 2023
-₹9.74 Lakh
EBITDA margin -211.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Satisfied charges
₹35 Lakh
No open charges
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings

About Lets Cargo Logistics Private Limited

Data last updated:

Lets Cargo Logistics Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 26 November 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2021PTC154900. Its GSTIN is 29AAECL8397G1ZV (Karnataka).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Rajaguru Sundaram and Anbu Vinodha.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.6 Lakh. For the same year it recorded a net loss of ₹13.36 Lakh (net margin -290.5%) and EBITDA of -₹9.74 Lakh (EBITDA margin -211.9%).

As per MCA filings, the company has satisfied charges of ₹35 Lakh on record.

Lets Cargo Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0124341). For more details, the company can be reached via its website letscargo.in.

Company details

CIN U63030KA2021PTC154900
Registration Number 154900
Incorporation Date 26 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0124341

Recognitions & Rankings of Lets Cargo Logistics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-KR-03-0124341

Contact details

Lets Cargo Logistics Private Limited's registered office is in Bengaluru, Karnataka.

  • Registered Address
    1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Lets Cargo Logistics 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
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Business activity

The main business activity of Lets Cargo Logistics is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Lets Cargo Logistics Private Limited, buy the company report.

Financials of Lets Cargo Logistics Private Limited

FY 2024 filings available

Lets Cargo Logistics Private Limited reported revenue of ₹4.6 Lakh for FY 2023.

Revenue · FY 2023
₹4.6 Lakh
Net loss · FY 2023
₹13.36 Lakh margin -290.5%
EBITDA · FY 2023
-₹9.74 Lakh margin -211.9%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
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-₹9.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.36 Lakh
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

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin-211.9%
Net Profit Margin-290.5%
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

To see the full financial statements and ratios of Lets Cargo Logistics Private Limited, buy the company report.

Board of directors of Lets Cargo Logistics Private Limited

Lets Cargo Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajaguru SundaramDirector26 Nov 20214 Years 11 MonthsCurrent
Anbu VinodhaAdditional Director16 Aug 20242 Years 2 MonthsCurrent

Peer comparison

Lets Cargo Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sandrock Metals Private Limited₹4.65 Lakh (FY 2024)-11.0%Kalady, Kerala, India
Lets Cargo Logistics Private Limitedthis company₹4.6 Lakh (FY 2023)-₹13.36 Lakh-290.5%Bengaluru, Karnataka, India
Papia Cargo Services Private Limited₹4.59 Lakh (FY 2022)21.0%Kolkata, West Bengal, India
Thakar Logistics Services Private Limited₹4.58 Lakh (FY 2023)290.0%Pune, Maharashtra, India

To see the full peer comparison of Lets Cargo Logistics Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Others₹0.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 May 2022100572437Others₹35 LakhSatisfied

To see the full charge records of Lets Cargo Logistics Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Lets Cargo Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Lets Cargo Logistics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECL8397G1ZVKarnatakaActive10 Jan 2022

To see the full GST registrations and return filing status of Lets Cargo Logistics Private Limited, buy the company report.

Recent activity

Lets Cargo Logistics Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Anbu Vinodha was appointed as Additional Director on 16 Aug 2024.

Charges
A charge registered on 12 May 2022 via Charge ID 100572437 with Others was fully satisfied on 18 Nov 2024.
AGM
Lets Cargo Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Anbu Vinodha was appointed as Additional Director.
Ceased
Madhavan Rangasamy ceased to be Director.
Filing
Lets Cargo Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100572437 was registered on 12 May 2022.
Appointed
Rajaguru Sundaram was appointed as Director.
Incorporation
26 Nov 2021
Lets Cargo Logistics Private Limited was registered on 26 Nov 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.

Frequently asked questions

Lets Cargo Logistics is an active private limited company based in Bengaluru, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 26 November 2021 (5+ years old) and is registered under CIN U63030KA2021PTC154900.

Lets Cargo Logistics has 2 current directors:

The latest financial statements of Lets Cargo Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Lets Cargo Logistics is 29AAECL8397G1ZV, registered in Karnataka.

The CIN (Corporate Identification Number) of Lets Cargo Logistics is U63030KA2021PTC154900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lets Cargo Logistics was incorporated on 26 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Lets Cargo Logistics by revenue are Sandrock Metals Private Limited, Papia Cargo Services Private Limited, Thakar Logistics Services Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).

Anbu Vinodha was appointed as Additional Director on 16 Aug 2024. Madhavan Rangasamy ceased to be Director on 16 Aug 2024. Rajaguru Sundaram was appointed as Director on 26 Nov 2021.

Yes, Lets Cargo Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0124341).

Lets Cargo Logistics can be reached through the website letscargo.in. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Lets Cargo Logistics is at 1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025.