About Luftozean Logistics Private Limited
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Luftozean Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 04 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93000TN2011PTC078674. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Thouvur Venugopal Vetrivelan and Arun Ganesaraman.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at W – 65 Flat – 3B(B1) 2nd Avenue 3rd Street Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.99 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹7.26 Lakh (net margin -0.7%) and EBITDA of ₹5.68 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹2.45 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website luftozean.com.
Company details
Contact details
Luftozean Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is luftozean.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressW – 65 Flat – 3B(B1) 2nd Avenue 3rd Street Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Luftozean 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 Luftozean 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 Luftozean Logistics Private Limited, buy the company report.
Financials of Luftozean Logistics Private Limited
FY 2018 filings availableLuftozean Logistics Private Limited reported revenue of ₹10.99 Cr (down 56% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 98% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹10.99 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.26 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | -0.7% | |||
| 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 Luftozean Logistics Private Limited, buy the company report.
Board of directors of Luftozean Logistics Private Limited
Luftozean Logistics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thouvur Venugopal Vetrivelan Also directs: SRV Engineering Private Limited | Director | 04 Jan 2011 | 15 Years 9 Months | Current |
| Krishnamoorthy Shreepathy | Additional Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Arun Ganesaraman Also directs: Entricks Filtech Private Limited | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
Shareholding
The shareholding of Luftozean Logistics Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Luftozean Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2015 | 10577213 | Tamilnad Mercantile Bank Limited | ₹2.45 Cr | Open | |
| 09 Aug 2016 | 100069826 | Others | ₹7 Cr | Satisfied | |
| 09 Jul 2012 | 10363892 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Luftozean Logistics Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Luftozean Logistics Private Limited has 14 court cases on record: 4 filed by Luftozean Logistics, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Hinduja Leyland Finance Ltd,Praveenkumar | Disposed |
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Hinduja Leyland Finance Ltd., Rep by Its Authorized Officer, M.V.Balaji | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Hinduja Leyland Finance Limited and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Hinduja Leyland Finance Limited and 1 other | Disposed |
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Tamilnad Mercantile Bank Ltd., | Disposed |
To see the full case history of Luftozean 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 Luftozean Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Luftozean Logistics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Luftozean Logistics Private Limited, buy the company report.
Recent activity
Luftozean Logistics Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Krishnamoorthy Shreepathy was appointed as Additional Director on 25 Mar 2019.
6 earlier events are in the company report.
Frequently asked questions
Luftozean Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 04 January 2011 (15+ years old) and is registered under CIN U93000TN2011PTC078674.
Luftozean Logistics has 3 current directors:
- Thouvur Venugopal Vetrivelan - Director
- Krishnamoorthy Shreepathy - Additional Director
- Arun Ganesaraman - Director
The latest financial statements of Luftozean Logistics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Luftozean Logistics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Luftozean Logistics is U93000TN2011PTC078674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luftozean Logistics has 14 court cases on record: 4 filed by the company and 10 filed against it. Most are in the district courts.
Luftozean Logistics was incorporated on 04 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Krishnamoorthy Shreepathy was appointed as Additional Director on 25 Mar 2019. Krishnamoorthy Shreepathy ceased to be Director on 20 Mar 2019. Arun Ganesaraman was appointed as Director on 16 Mar 2019. Luftozean Logistics has 7 board changes on record in total.
Luftozean Logistics can be reached through the website luftozean.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Luftozean Logistics is at W – 65 Flat – 3BB1 2nd Avenue 3rd Street Anna Nagar, Chennai, Tamil Nadu, India – 600040.
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