Startup India Government of India
Log 9 Mobility Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.02 Cr
▲ 198% YoY
Net loss · FY 2024
₹21.27 Cr
Net margin -44.3%
EBITDA · FY 2024
-₹7.04 Cr
EBITDA margin -14.7%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹28 Lakh
Issued & subscribed
Open charges
₹45.77 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
37
Provident fund records
About Log 9 Mobility Private Limited
Data last updated:
Log 9 Mobility Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Log 9 Materials Scientific Private Limited and recognised as a startup by DPIIT. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 08 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50400KA2021PTC155394. Its GSTIN is 29AAECL8532B1ZK (Karnataka). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Akshay V Singhal and Pankaj Sharma.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #9 Bellary Road Off Jakkur Main Road Next To Abnuvo Ltd Jakkur Layout, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹21.27 Cr (net margin -44.3%) and EBITDA of -₹7.04 Cr (EBITDA margin -14.7%).
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Log9. As per MCA filings, the company has open charges of ₹45.77 Cr on record. Court records list 110 cases involving the company, including 2 filed by the company and 108 filed against it; 91 cases are pending.
Log 9 Mobility Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0173690). For more details, the company can be reached via its website log9materials.com.
Company details
CIN U50400KA2021PTC155394
Registration Number 155394
Incorporation Date 08 December 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Log 9 Materials Scientific Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0173690
Recognitions & Rankings of Log 9 Mobility
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0173690
Contact details
Log 9 Mobility Private Limited's registered office is in Bangalore, Karnataka. Its website is log9materials.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#9 Bellary Road Off Jakkur Main Road Next To Abnuvo Ltd Jakkur Layout, Bangalore, Karnataka, India – 560092
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Log 9 Mobility Private Limited, buy the company report.
Comprehensive company report
Log 9 Mobility 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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Brands
Log 9 Mobility operates one associated brand: Log9. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced battery technologies for energy storage are developed and supplied. | log9materials.com |
Business activity
The main business activity of Log 9 Mobility is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Log 9 Mobility Private Limited, buy the company report.
Financials of Log 9 Mobility Private Limited
FY 2024 filings availableLog 9 Mobility Private Limited reported revenue of ₹48.02 Cr (up 198% YoY) for FY 2024.
Revenue · FY 2024
₹48.02 Cr ▲ 198%
Net loss · FY 2024
₹21.27 Cr margin -44.3%
EBITDA · FY 2024
-₹7.04 Cr margin -14.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 198%
EBITDA CAGR growth
1 year
▼ 182%
Revenue rose 198% in the latest year. EBITDA fell 182% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 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 | -₹7.04 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹21.27 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 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -14.7% | ||
| Net Profit Margin | -44.3% | ||
| 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 Log 9 Mobility Private Limited, buy the company report.
Board of directors of Log 9 Mobility Private Limited
Log 9 Mobility has 2 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 |
|---|---|---|---|---|
| Akshay V Singhal | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
| Pankaj Sharma | Additional Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Auditor
Log 9 Mobility Private Limited is audited by SGM & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGM & ASSOCIATES LLP | FY 2023 | S200058 |
Shareholding
The shareholding of Log 9 Mobility Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Log 9 Mobility Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.77 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2024 | 100990220 | Others | ₹3 Cr | Open | |
| 27 Jun 2024 | 100952857 | Others | ₹3.02 Cr | Open | |
| 02 Jan 2024 | 100837596 | Others | ₹6.25 Cr | Open | |
| 14 Jun 2023 | 100757025 | Others | ₹5 Cr | Open | |
| 24 Mar 2023 | 100703297 | Others | ₹50 Lakh | Open |
To see the full charge records of Log 9 Mobility Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Log 9 Mobility Private Limited has 110 court cases on record: 2 filed by Log 9 Mobility, 108 filed against it. 91 cases are pending and 19 are disposed.
Total cases
110
Filed by the company
2
Filed against the company
108
Pending
91
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 106 | 106 | 89 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 110)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Aristo Securities Pvt. Ltd. | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Aristo Securities Pvt. Ltd. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
To see the full case history of Log 9 Mobility 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
Log 9 Mobility Private Limited has 5 MSME Form 1 returns on record between 2022 and 2023, listing 54 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hyperwheels Private Limited | |||
| Amplify Cleantech Solutions Private Limited | |||
| TVS Sirius Controls Private Limited | |||
| Vinayaka Fab Tech | |||
| R N Sports |
To see the full MSME payment records of Log 9 Mobility Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Log 9 Mobility Private Limited has a workforce of 37 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-13.95%
GST
Log 9 Mobility has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL8532B1ZK | Karnataka | Active | 08 Jan 2022 |
| 29AAECL8532B2ZJ | Karnataka | Active | 15 Mar 2024 |
| 07AAECL8532B1ZQ | Delhi | Active | 13 Jan 2022 |
| 36AAECL8532B1ZP | Telangana | Active | 03 May 2023 |
To see the full GST registrations and return filing status of Log 9 Mobility Private Limited, buy the company report.
Recent activity
Log 9 Mobility Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Kartik Hajela ceased to be Director on 29 Oct 2024.
Ceased
Kartik Hajela ceased to be Director.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100990220 was registered on 03 Oct 2024.
Appointed
Pankaj Sharma was appointed as Additional Director.
AGM
Log 9 Mobility Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 301.62 Lakh with Charge ID 100952857 was registered on 27 Jun 2024.
Filing
Log 9 Mobility 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. 625.00 Lakh with Charge ID 100837596 was registered on 02 Jan 2024.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100757025 was registered on 14 Jun 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100703297 was registered on 24 Mar 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100657009 was registered on 15 Nov 2022.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 29 Mar 2022 with Charge ID 100563601 was modified on 22 Jul 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100564316 was registered on 31 Mar 2022.
5 earlier events are in the company report.
News
Frequently asked questions
Log 9 Mobility is an active private limited company based in Bangalore, Karnataka, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 08 December 2021 (5+ years old) and is registered under CIN U50400KA2021PTC155394.
Log 9 Mobility has 2 current directors:
- Akshay V Singhal - Director
- Pankaj Sharma - Additional Director
The latest financial statements of Log 9 Mobility on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Log 9 Mobility is 29AAECL8532B1ZK, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AAECL8532B2ZJ (Karnataka), 07AAECL8532B1ZQ (Delhi), 36AAECL8532B1ZP (Telangana).
The CIN (Corporate Identification Number) of Log 9 Mobility is U50400KA2021PTC155394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Log 9 Mobility has 110 court cases on record: 2 filed by the company and 108 filed against it. 91 are pending. Most are in the district courts.
Log 9 Mobility was incorporated on 08 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Kartik Hajela ceased to be Director on 29 Oct 2024. Pankaj Sharma was appointed as Additional Director on 01 Oct 2024. Akshay V Singhal was appointed as Director on 08 Dec 2021. Log 9 Mobility has 4 board changes on record in total.
Yes, Log 9 Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Log 9 Mobility is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0173690).
Log 9 Mobility has 5 MSME Form 1 returns on record between 2022 and 2023, listing 54 overdue payments to 18 micro and small suppliers. The latest return was filed on 23 Oct 2023.
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