Midsun Logistics Private Limited
About Midsun Logistics Private Limited
Data last updated:
Midsun Logistics Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the transportation and logistics segment of the transportation sector. It was incorporated on 28 July 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U60230TN2009PTC072404. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Muthumani Srinivasan and Kaniappan Murugesan.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.10 Sannathi Street Maduravoyal, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2017, the company reported a revenue of ₹52.9 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹1.72 Lakh (net margin -3.3%) and EBITDA of -₹1.72 Lakh (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
Company details
Contact details
Midsun Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.10 Sannathi Street Maduravoyal, Chennai, Tamil Nadu, India – 600095
- IndustryTransportation, Transportation Services
To see the full contact details of Midsun 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 Midsun 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 Midsun Logistics Private Limited, buy the company report.
Financials of Midsun Logistics Private Limited
FY 2017 filings availableMidsun Logistics Private Limited reported revenue of ₹52.9 Lakh (down 65% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 235% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹52.9 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.72 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.72 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
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| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3.3% | ||
| Net Profit Margin | -3.3% | ||
| 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 | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Midsun Logistics Private Limited, buy the company report.
Board of directors of Midsun Logistics Private Limited
Midsun Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthumani Srinivasan | Director | 28 Jul 2009 | 17 Years 3 Months | As last reported |
| Kaniappan Murugesan | Director | 28 Jul 2009 | 17 Years 3 Months | As last reported |
Peer comparison
Midsun Logistics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seapride Cargo Private Limited | ₹53.74 Lakh (FY 2024) | -43.0% | New Delhi, Delhi, India | |||
| Seashell Marine Services Private Limited | ₹53.63 Lakh (FY 2024) | 169.0% | Chennai, Tamil Nadu, India | |||
| Jaagruthi Logistics Private Limited | ₹53.39 Lakh (FY 2025) | -93.0% | Hyderabad, Telangana, India | |||
| La Himalaya Expeditions Private Limited | ₹53.05 Lakh (FY 2024) | 37.0% | Shimla, Himachal Pradesh, India | |||
| Tidel Cargo Logistics Private Limited | ₹52.92 Lakh (FY 2025) | -30.0% | Chennai, Tamil Nadu, India | |||
| Midsun Logistics Private Limitedthis company | ₹52.9 Lakh (FY 2017) | -₹1.72 Lakh | -3.3% | -65.0% | Chennai, Tamil Nadu, India | |
| Alledge Soft and Logic (OPC) Private Limited | ₹52.85 Lakh (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Travelspice Online Private Limited | ₹52.84 Lakh (FY 2017) | -40.0% | Hyderabad, Telangana, India | |||
| Kap Logistics Private Limited | ₹52.8 Lakh (FY 2017) | -27.0% | Ahmedabad, Gujarat, India | |||
| Ubv Logistics Private Limited | ₹52.72 Lakh (FY 2017) | -31.0% | Bangalore, Karnataka, India | |||
| Skylink Freight (India) Private Limited | ₹52.69 Lakh (FY 2024) | -3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Midsun Logistics Private Limited, buy the company report.
Auditor
Midsun Logistics Private Limited is audited by S ASHOK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S ASHOK & ASSOCIATES | FY 2017 | 009829S |
Shareholding
The shareholding of Midsun Logistics Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Midsun Logistics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Midsun Logistics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midsun Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midsun 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 Midsun Logistics Private Limited, buy the company report.
Recent activity
Midsun Logistics Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Kaniappan Murugesan was appointed as Director on 28 Jul 2009.
Frequently asked questions
Midsun Logistics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Midsun Logistics was a private limited company based in Chennai, Tamil Nadu, India. The company worked in transportation services, within the transportation industry. It was incorporated on 28 July 2009 and is registered under CIN U60230TN2009PTC072404. The company has been struck off by the Registrar of Companies and is no longer operational.
Midsun Logistics had 2 directors:
- Muthumani Srinivasan - Director
- Kaniappan Murugesan - Director
The CIN (Corporate Identification Number) of Midsun Logistics is U60230TN2009PTC072404. 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 Midsun Logistics is at No.10 Sannathi Street Maduravoyal, Chennai, Tamil Nadu, India – 600095.
Midsun Logistics was incorporated on 28 July 2009. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Midsun Logistics on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Midsun Logistics has 1 GST registration on record and it is cancelled or inactive.
Midsun Logistics operated in the transportation industry, in the transportation services segment. It worked in this industry before it was struck off.
The peers of Midsun Logistics by revenue are Seapride Cargo Private Limited, Seashell Marine Services Private Limited, Jaagruthi Logistics Private Limited, La Himalaya Expeditions Private Limited, Tidel Cargo Logistics Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Kaniappan Murugesan was appointed as Director on 28 Jul 2009. Muthumani Srinivasan was appointed as Director on 28 Jul 2009.