About Logistic Services Private Limited
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Logistic Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Parekh Marine Agencies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 November 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1988PTC049614. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Suryakant Mulji Parekh and Rushikesh Harishchandra Parekh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 1 Navrattan 69 P D Mello Rd, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.62 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹62.9 Lakh (net margin 38.8%) and EBITDA of ₹1.1 Cr (EBITDA margin 67.5%).
The company had about 20 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 36 cases involving the company, including 13 filed by the company and 23 filed against it; 10 cases are pending.
The last known website on record is parekhgroup.in.
Company details
CIN history
Logistic Services has one previous CIN (Corporate Identification Number): U63090MH2004PTC049614. The current CIN is U63090MH1988PTC049614, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090MH1988PTC049614 | Current |
| U63090MH2004PTC049614 | Previous |
Contact details
Logistic Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is parekhgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Navrattan 69 P D Mello Rd, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Logistic Services 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 activities of Logistic Services are transport and storage and support service to organizations. In detail, this covers services incidental to land, water & air transportation and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Logistic Services Private Limited, buy the company report.
Financials of Logistic Services Private Limited
FY 2016 filings availableLogistic Services Private Limited reported revenue of ₹1.62 Cr (up 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA rose 179% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.62 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.1 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹62.9 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 67.5% | |
| Net Profit Margin | 38.8% | |
| 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 Logistic Services Private Limited, buy the company report.
Board of directors of Logistic Services Private Limited
Logistic Services has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Auditor
Logistic Services Private Limited is audited by V K BESWAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K BESWAL & ASSOCIATES | FY 2016 | 101083W |
Shareholding
The shareholding of Logistic Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Logistic Services Private Limited, buy the company report.
Legal cases
Logistic Services Private Limited has 36 court cases on record: 13 filed by Logistic Services, 23 filed against it. 10 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 22 | 9 |
| High courts | 4 | 1 | 1 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Century Road Transport Pvt Ltd., | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by HDFC Bank Ltd. (Rep.Partha Saran Ghosh) | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Century Road Transport Pvt Ltd., | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by M/S Capital First Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Logistic Services 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 Logistic Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Logistic Services Private Limited has a workforce of 20 employees on its EPFO records as of Sep 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 20 |
| FY 2016-17 |
To see the full employee and EPFO history of Logistic Services Private Limited, buy the company report.
GST
Logistic Services has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Logistic Services Private Limited, buy the company report.
Recent activity
Logistic Services Private Limited has 8 board changes on record since 1988: 7 appointments and 1 cessation. The latest: Neena Liladhar Parekh was appointed as Director on 31 Jul 2012.
Frequently asked questions
Logistic Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Logistic Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 November 1988 and is registered under CIN U63090MH1988PTC049614. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Logistic Services was incorporated on 11 November 1988. It is registered with the Registrar of Companies, Mumbai.
Logistic Services had 7 directors:
- Suryakant Mulji Parekh - Director
- Rushikesh Harishchandra Parekh - Director
- Harsh Jaysinh Parekh - Director
- Neena Liladhar Parekh - Director
- Jaysinh Mulji Parekh - Director
- Yogesh Khatau Parekh - Director
- Bhagwandas Mulji Parekh - Director
The CIN (Corporate Identification Number) of Logistic Services is U63090MH1988PTC049614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Logistic Services is at 1 Navrattan 69 P D Mello Rd, Mumbai, Maharashtra, India – 400009.
Logistic Services can be reached through the website parekhgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Logistic Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Logistic Services has 7 GST registrations on record and all of them are cancelled or inactive.
Logistic Services operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
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