About Logiteam Solutions Private Limited
Data last updated:
Logiteam Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 13 December 2019.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63040TN2019PTC133181.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alagiri and Malayarasu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 44 Phase IV Co – Op Nagar Thiruverkadu, Chennai, Tamil Nadu, India – 600077.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹63,585 (net margin -20.5%) and EBITDA of -₹63,585 (EBITDA margin -20.5%).
The last known website on record is logiteam.in.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address44 Phase IV Co – Op Nagar Thiruverkadu, Chennai, Tamil Nadu, India – 600077
- IndustryTransport and Logistics, Carriers Services
- 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
- One PDF report, delivered after checkout
Business Activity of Logiteam Solutions Private Limited
The main business activity of Logiteam Solutions is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Logiteam Solutions Private Limited FY 2022 filings available
Logiteam Solutions Private Limited reported revenue of ₹3.11 Lakh (up 378% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Logiteam Solutions Private Limited
Revenue rose 378% in the latest year. EBITDA rose 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Logiteam Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 | -₹63,585 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63,585 | •••• | •••• |
| 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 of Logiteam Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -20.5% | •••• | •••• |
| Net Profit Margin | -20.5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Logiteam Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Logiteam Solutions Private Limited
Logiteam Solutions Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uma Aluminium Works Private Limited | ₹3.57 Lakh (FY 2022) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Tyche Logistics Private Limited | ₹3.55 Lakh (FY 2020) | •••• | •••• | -35.0% | •••• | Chennai, Tamil Nadu, India |
| Aboli Tours & Travels Private Limited | ₹3.37 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Pune, Maharashtra, India |
| Fairway Cargo Private Limited | ₹3.25 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Hauz Khas, Delhi, India |
| Shreetirupati Transport Private Limited | ₹3.2 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Jharsuguda, Odisha, India |
| Logiteam Solutions Private Limited this company | ₹3.11 Lakh (FY 2022) | •••• | •••• | 378.0% | •••• | Chennai, Tamil Nadu, India |
| Desi Farms India Limited Listed | ₹3.07 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| K. S Coldchain Logistics Private Limited | ₹3.02 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Delhi, India |
| Chemester Organics India Limited. | ₹3 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Abhiruchi Traders Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Harisons Logistics (India) Private Limited | ₹2.98 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Logiteam Solutions by revenue in the Transport and Logistics industry (Road Carriers and Trucking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Logiteam Solutions Private Limited
Logiteam Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alagiri | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
| Malayarasu | Director | 13 Dec 2019 | 6 Years 9 Months | Current |
Charges & Borrowings of Logiteam Solutions Private Limited
Logiteam Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Logiteam Solutions Private Limited
Employment history and EPFO contributions of people linked to Logiteam Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Logiteam Solutions Private Limited
Logiteam Solutions Private Limited has 7 board changes on record since 2019: 5 appointments and 2 cessations. The latest: Alagiri ceased to be Additional Director on 12 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Logiteam Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Logiteam Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Logiteam Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Logiteam Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Logiteam Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Logiteam Solutions Private Limited
Logiteam Solutions is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Logiteam Solutions is a company pending strike off, currently registered as a private limited company based in Chennai, Tamil Nadu, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 13 December 2019 and is registered under CIN U63040TN2019PTC133181. The company may be struck off soon - caution is advised.
Logiteam Solutions has 2 current directors:
- Alagiri - Director
- Malayarasu - Director
The CIN (Corporate Identification Number) of Logiteam Solutions is U63040TN2019PTC133181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logiteam Solutions was incorporated on 13 December 2019. It is registered with the Registrar of Companies, Chennai.
Logiteam Solutions can be reached through the website logiteam.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Logiteam Solutions is at 44 Phase IV Co – Op Nagar Thiruverkadu, Chennai, Tamil Nadu, India – 600077.
Logiteam Solutions reported revenue of ₹3.11 Lakh for FY 2022 (up 378% YoY).
Logiteam Solutions has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh.
Logiteam Solutions reported a net loss of ₹63,585 (net margin -20.5%) and EBITDA of -₹63,585 (EBITDA margin -20.5%) for FY 2022, as per its filed financial statements.
Logiteam Solutions operates in the transport and logistics industry, in the carriers services segment.