Startup India Government of India
Logass Industries Private Limited - manufacturing in Wadala West, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.73 Cr
▼ 30% YoY
Net loss · FY 2023
₹8.06 Lakh
Net margin -3%
EBITDA · FY 2023
₹3.46 Lakh
EBITDA margin 1.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹62.1 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Logass Industries Private Limited
Data last updated:
Logass Industries Private Limited is a private limited company based in Wadala West, Maharashtra, India, recognised as a startup by DPIIT. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 13 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2018PTC312754. Its GSTIN is 27AADCL6817G1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meenal Paragbhai Shah and Meeta Vipul Fofliya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 17 Floor 2 Plot – 79 Shanbaug R A Kidwai Road Wadala West, Maharashtra, India – 400031.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.73 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹8.06 Lakh (net margin -3%) and EBITDA of ₹3.46 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
As per MCA filings, the company has open charges of ₹62.1 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
For more details, the company can be reached via its website logassindustries.com.
Company details
CIN U24299MH2018PTC312754
Registration Number 312754
Incorporation Date 13 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Logass Industries
Contact details
Logass Industries Private Limited's registered office is in Wadala West, Maharashtra. Its website is logassindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address17 Floor 2 Plot – 79 Shanbaug R A Kidwai Road Wadala West, Maharashtra, India – 400031
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Logass Industries Private Limited, buy the company report.
Comprehensive company report
Logass Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Logass Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Logass Industries Private Limited, buy the company report.
Financials of Logass Industries Private Limited
FY 2023 filings availableLogass Industries Private Limited reported revenue of ₹2.73 Cr (down 30% YoY) for FY 2023.
Revenue · FY 2023
₹2.73 Cr ▼ 30%
Net loss · FY 2023
₹8.06 Lakh margin -3%
EBITDA · FY 2023
₹3.46 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 27%
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 109% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹3.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.06 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | -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 Logass Industries Private Limited, buy the company report.
Board of directors of Logass Industries Private Limited
Logass Industries 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 |
|---|---|---|---|---|
| Meenal Paragbhai Shah | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Meeta Vipul Fofliya Also directs: Arihant Build Chem LLP | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Logass Industries Private Limited is audited by SAVLA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAVLA & ASSOCIATES | FY 2020 | 109361W |
Shareholding
The shareholding of Logass Industries Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Logass Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹62.1 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2019 | 100291917 | Others | ₹62.1 Lakh | Open |
To see the full charge records of Logass Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Logass Industries Private Limited has 5 court cases on record: 3 filed by Logass Industries, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Daman, Diu and Daman | Court case (Reg.Civil Suit) | Filed against the company by Rishi Techtex Ltd. | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Jonish Sureshkumar Shah Prop. of Shreeji Corporation | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Logass Industries 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 Logass Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Logass Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL6817G1ZF | Maharashtra | Active | 19 Sep 2018 |
| 24AADCL6817G1ZL | Gujarat | Active | 24 Sep 2018 |
To see the full GST registrations and return filing status of Logass Industries Private Limited, buy the company report.
Recent activity
Logass Industries Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Ajay Ravajibhai Shah ceased to be Director on 29 Dec 2018.
AGM
Logass Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Logass Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Charges
A charge with Others of Rs. 62.10 Lakh registered on 29 Aug 2019 with Charge ID 100291917 was modified on 27 May 2022.
Charges
A charge with Others amounted to Rs. 62.10 Lakh with Charge ID 100291917 was registered on 29 Aug 2019.
Ceased
Ajay Ravajibhai Shah ceased to be Director.
Appointed
Meenal Paragbhai Shah was appointed as Director.
Appointed
Meeta Vipul Fofliya was appointed as Director.
Incorporation
13 Aug 2018
Logass Industries Private Limited was registered on 13 Aug 2018 with Roc Mumbai I & aged 8 years 2 months as per MCA records.
Frequently asked questions
Logass Industries is an active private limited company based in Wadala West, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 13 August 2018 (8+ years old) and is registered under CIN U24299MH2018PTC312754.
Logass Industries has 2 current directors:
- Meenal Paragbhai Shah - Director
- Meeta Vipul Fofliya - Director
The latest financial statements of Logass Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Logass Industries is 27AADCL6817G1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCL6817G1ZL (Gujarat).
The CIN (Corporate Identification Number) of Logass Industries is U24299MH2018PTC312754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logass Industries has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.
Logass Industries was incorporated on 13 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajay Ravajibhai Shah ceased to be Director on 29 Dec 2018. Meenal Paragbhai Shah was appointed as Director on 13 Aug 2018. Meeta Vipul Fofliya was appointed as Director on 13 Aug 2018.
Yes, Logass Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Logass Industries can be reached through the website logassindustries.com. Its registered office is in Wadala West, Maharashtra, India.