Mll Express Services Private Limited

Mll Express Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U63040MH2006PTC165956 Incorporated 04 December 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2024
₹364.91 Cr
▲ 196.00% YoY
EBITDA · FY 2024
*****
▼ 201.00% YoY
Net profit · FY 2024
*****
▼ 289.00% YoY
Authorised capital
₹650 Cr
Registered with MCA
Paid-up capital
₹596.83 Cr
Issued & subscribed
Open charges
₹45 Cr
Satisfied ₹248.99 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
930
Latest available

About Mll Express Services Private Limited

Data last updated: 22 December 2025

Mll Express Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Logistics Limited. It specialises in integrated logistics and supply chain solutions, a part of the broader transport and logistics sector. Incorporated on 04 December 2006, the company has been in operation for over 20 years.

Registered with ROC Mumbai under CIN U63040MH2006PLC165956.

Capital: an authorised share capital of ₹650 Cr and a paid-up capital of ₹596.83 Cr. Formerly known as V-Link Travel Solutions Private Limited and Meru Travel Solutions Limited. It is led by directors including Naveen Raju Kollaickal and Avani Vishal Davda.

Last AGM: 15 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2024, the company reported a revenue of ₹364.91 Cr, reflecting significant growth compared to the previous year.

The company has a workforce of approximately 930 employees as per the latest available data. It operates as a subsidiary of Mahindra Logistics Limited.

The company is associated with 2 brands - Meru, Mahindra Logistics. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹248.99 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meru.in.

Company Details of Mll Express Services Private Limited
CIN U63040MH2006PTC165956
Registration Number 165956
Incorporation Date 04 December 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Mahindra Logistics Limited
Compliance Status Active Compliant
Key People
Naveen Raju Kollaickal Director Avani Vishal Davda Director Sreenivas Pamidimukkala Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Apps
  • Registered Address
    Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services
Company report
Mll Express Services Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Mll Express Services Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Mll Express Services Private Limited

Mll Express Services Private Limited has undergone 2 name changes throughout its history. The company was previously known as V-Link Travel Solutions Private Limited, and Meru Travel Solutions Limited. The current legal name is Mll Express Services Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Mll Express Services Private Limited Current
V-Link Travel Solutions Private Limited Previous
Meru Travel Solutions Limited Previous

CIN History of Mll Express Services Private Limited

Mll Express Services Private Limited has one previous CIN (Corporate Identification Number): U63040MH2006PLC165956. The current CIN is U63040MH2006PTC165956, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U63040MH2006PTC165956 Current
U63040MH2006PLC165956 Previous

Associated Brands with Mll Express Services Private Limited

Mll Express Services Private Limited operates two associated brands: Meru and Mahindra Logistics. These brands represent Mll Express Services Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Meru
Ride-hailing services are facilitated via an app-based platform. meru.in
Mahindra Logistics
Integrated supply chain and mobility solutions are provided globally. mahindralogistics.com

Competitors & Alternatives of Mll Express Services Private Limited

Brands and companies operating in the same space as Mll Express Services Private Limited include Uber, Savaari, TaxiForSure and 4 more.

Competitor Description Location Founded
Uber Uber An online platform providing ride-hailing and food delivery services San Francisco, United States, United States 2009
Savaari Savaari App-based intercity ride-hailing aggregator Bengaluru, India, India 2006
TaxiForSure TaxiForSure Car rental aggregator Bengaluru, India, India 2011
Namma Yatri Namma Yatri Three-wheeler rides are booked via an app-based platform. Bengaluru, India, India 2022
Gozocabs Gozocabs Inter-city taxi bookings are enabled via a mobile app platform. Chandigarh, India, India 2012
GOAMILES GOAMILES Ride-hailing services are facilitated via a mobile application platform. Margao, India, India 2018
OneWay.Cab OneWay.Cab Inter-city cab services at one-way rates are operated online. Vadodara, India, India 2013

Business Activity of Mll Express Services Private Limited

Mll Express Services Private Limited is engaged in the principal business activity of transport and storage, with detailed activities including 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 *********

Board of Directors of Mll Express Services Private Limited

Mll Express Services Private Limited is currently managed by 8 directors, with 39 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Naveen Raju Kollaickal
Also directs: Mahindra Logistics Limited, Seino Mll Logistics Private Limited, Zipzap Logistics Private Limited and 5 more
Director 19 Jul 2023 2 Years 11 Months Current
Avani Vishal Davda
Also directs: Mahindra Logistics Limited, Kolte-Patil Developers Limited, Emami Limited and 4 more
Director 02 May 2023 3 Years 2 Months Current
Sreenivas Pamidimukkala
Also directs: Mll Mobility Private Limited, V5 It Consultants Llp
Director 19 May 2022 4 Years 1 Months Current
Hemant Sikka
Also directs: Mahindra Logistics Limited, Seino Mll Logistics Private Limited, Zipzap Logistics Private Limited and 4 more
Additional Director 15 May 2025 1 Years 1 Months Current
Gangadaran Chellakrishna
Also directs: Zipzap Logistics Private Limited, The Indian And Eastern Engineer Company Private Limited, Goolestan Investments Private Limited and 5 more
Director 03 Aug 2020 5 Years 11 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Mll Express Services Private Limited FY 2025 filings available

Mll Express Services Private Limited reported revenue of ₹364.91 Cr (up 196% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹364.91 Cr ▲ 196%
Profit
***** ▼ -289%
EBITDA
***** ▼ -201%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
*****
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Current Liabilities
Total Current Liabilities
*****
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Short-Term Borrowings
*****
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
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Efficiency
Inventory Days
*****
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
*****
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Operating Margin %
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ROE %
*****
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ROCE %
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
*****
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Mll Express Services Private Limited

Open charges
₹45 Cr
Satisfied charges
₹248.99 Cr
Breakdown by lending institutions
Others₹35.00 Cr
Axis Bank Limited₹10.00 Cr
Latest charge details
DateLenderAmountStatus
06 Oct 2023 Others ₹35 Cr Open
20 Jul 2023 Axis Bank Limited ₹10 Cr Open
04 Apr 2023 Others ₹90,000 Satisfied
31 Mar 2023 Others ₹90,000 Satisfied
31 Mar 2023 Others ₹100 Cr Satisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Mll Express Services Private Limited

View historical data on people associated with Mll Express Services Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Mll Express Services Private Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Mll Express Services Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Mll Express Services Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Mll Express Services Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Mll Express Services Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Mll Express Services Private Limited

MSME Payment Delays by Mll Express Services Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Mll Express Services Private Limited

Subsidiaries & Group Companies of Mll Express Services Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Mll Express Services Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Mll Express Services Private Limited

MCA Filings & Documents of Mll Express Services Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Mll Express Services Private Limited

Charges
09 Sep 2025
A charge registered on 31 Mar 2023 via Charge ID 100706698 with Others was fully satisfied on 09 Sep 2025.
Charges
25 Aug 2025
A charge registered on 29 Mar 2023 via Charge ID 100706692 with Axis Bank Limited was fully satisfied on 25 Aug 2025.
Activity
15 Jul 2025
Mll Express Services Private Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records.
Directors
15 May 2025
Hemant Sikka was appointed as a Additional Director on 15 May 2025 & has been associated with this company since 1 year 1 month.
Charges
28 Apr 2025
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 20 Jul 2023 with Charge ID 100761156 was modified on 28 Apr 2025.
Activity
31 Mar 2025
Mll Express Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.

Recent News on Mll Express Services Private Limited

Frequently Asked Questions about Mll Express Services Private Limited

Mll Express Services Private Limited is an active private limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 04 December 2006 (20+ years old) and is registered under CIN U63040MH2006PTC165956. The company has 930 employees.

Mll Express Services Private Limited reported revenue of ₹364.91 Cr for FY 2024 (up 196.00% YoY).

The current directors of Mll Express Services Private Limited are:

The primary industry of Mll Express Services Private Limited is transport and logistics. The company specifically operates in integrated and diversified logistics services. The company is currently active in this sector.

Mll Express Services Private Limited can be reached at the registered office: Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018, or through the website meru.in.

The authorised capital is ₹650 Cr, and the paid-up capital is ₹596.83 Cr.

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