About Logical Logistics Private Limited
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Logical Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U60220TN2008PTC067167. Its GSTIN is 33AAFCM5043H2ZO (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Marg Logistics Private Limited. It is led by directors Ravi Rajagopal and Ram Mohan Thummala.
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 Sri Sai Subhodhaya Apartments No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.42 Lakh. For the same year it recorded a net loss of ₹18,939 (net margin -2.6%) and EBITDA of -₹7.6 Lakh (EBITDA margin -102.5%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 72% over five years.
As per MCA filings, the company has open charges of ₹33.01 Cr on record. Court records list 17 cases involving the company, including 4 filed by the company and 13 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2009.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marggroup.com.
Company details
Contact details
Logical Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is marggroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSri Sai Subhodhaya Apartments No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Logical 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 Logical Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Logical Logistics Private Limited, buy the company report.
Financials of Logical Logistics Private Limited
FY 2023 filings availableLogical Logistics Private Limited reported revenue of ₹7.42 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.42 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18,939 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -102.5% | ||||
| Net Profit Margin | -2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Logical Logistics Private Limited, buy the company report.
Board of directors of Logical Logistics Private Limited
Logical 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 |
|---|---|---|---|---|
| Ravi Rajagopal Also directs: Karaikal Power Company Private Limited, Akarsh Constructions Private Limited, Advance Infradevelopers Private Limited and 5 more | Director | 20 Oct 2016 | 10 Years 0 Months | Current |
| Ram Mohan Thummala Also directs: Marg Marine Infrastructure Limited, Marg Infrastructure Developers Limited, Marg Industrial Clusters Limited and 5 more | Director | 10 Jul 2019 | 7 Years 4 Months | Current |
Auditor
Logical Logistics Private Limited is audited by B PANNEER & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B PANNEER & CO | FY 2021 | 011335S |
Shareholding
The shareholding of Logical Logistics Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Logical Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2013 | 10412203 | Srei Equipment Finance Private Limited | ₹13 Cr | Open | |
| 25 May 2012 | 10358411 | Srei Equipment Finance Private Limited | ₹1.8 Cr | Open | |
| 25 May 2012 | 10358412 | Srei Equipment Finance Private Limited | ₹1.68 Cr | Open | |
| 25 May 2012 | 10358414 | Srei Equipment Finance Private Limited | ₹1.85 Cr | Open | |
| 25 May 2012 | 10358422 | Srei Equipment Finance Private Limited | ₹3.94 Cr | Open |
Total charge records: 9 View all charges
Deals & funding
Logical Logistics Private Limited has 1 deal on record (1 acquisition); the latest was in May 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2009 | Acquisition | Undisclosed | Buyer: Marg Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Logical Logistics Private Limited has 17 court cases on record: 4 filed by Logical Logistics, 13 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 0 |
| District courts | 8 | 6 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against Srei Equipment Finance Limited | Disposed |
| High Court | Arbitration matter | Filed by the company against Srei Equipment Finance Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S. Axis Bank Ltd., Rep. by K. Dinakaran | Disposed |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd. | Disposed |
To see the full case history of Logical 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 Logical Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Logical Logistics has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM5043H2ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 34AAFCM5043H1ZN | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Logical Logistics Private Limited, buy the company report.
Recent activity
Logical Logistics Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Rajesh Vaidhiyanathan ceased to be Director on 10 Jul 2019.
8 earlier events are in the company report.
Frequently asked questions
Logical Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 April 2008 (18+ years old) and is registered under CIN U60220TN2008PTC067167.
Logical Logistics has 2 current directors:
- Ravi Rajagopal - Director
- Ram Mohan Thummala - Director
The latest financial statements of Logical Logistics 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 2015 are in the company report.
The GSTIN of Logical Logistics is 33AAFCM5043H2ZO, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 34AAFCM5043H1ZN (Puducherry).
The CIN (Corporate Identification Number) of Logical Logistics is U60220TN2008PTC067167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logical Logistics has 17 court cases on record: 4 filed by the company and 13 filed against it. 2 are pending. Most are in the high courts.
Logical Logistics was incorporated on 02 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Logical Logistics has 1 deal on record (1 acquisition); the latest was in May 2009.
Rajesh Vaidhiyanathan ceased to be Director on 10 Jul 2019. Ram Mohan Thummala was appointed as Director on 10 Jul 2019. Ravi Rajagopal ceased to be Additional Director on 30 Sep 2017. Logical Logistics has 8 board changes on record in total.
Logical Logistics can be reached through the website marggroup.com. Its registered office is in Chennai, Tamil Nadu, India.
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