DPIIT recognised startup Government of India
Startup India
Movers On Time Private Limited
Movers On Time Private Limited - infrastructure and utilities in Adipur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.65 Cr
▲ 44% YoY
Net profit · FY 2025
₹1.97 Cr
Net margin 16.9%
EBITDA · FY 2025
₹5.09 Cr
EBITDA margin 43.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹12.24 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Movers On Time Private Limited
Data last updated:
Movers On Time Private Limited is a private limited company based in Adipur, Gujarat, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 12 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2020PTC112667. Its GSTIN is 24AANCM3227F1ZM (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Suman Surendra Gahlot and Surendra Ramsingh Gahlot.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot – 387 Ward – 3/B, Adipur, Gujarat, India – 370205.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.65 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 16.9%) and EBITDA of ₹5.09 Cr (EBITDA margin 43.7%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 71% over five years.
As per MCA filings, the company has open charges of ₹12.24 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Movers On Time Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0003441).
Company details
CIN U63030GJ2020PTC112667
Registration Number 112667
Incorporation Date 12 February 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-13-0003441
Key People
Suman Surendra Gahlot Director Surendra Ramsingh Gahlot Director Hardik Surendra Gahlot Director Recognitions & Rankings of Movers On Time
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-13-0003441
Contact details
Movers On Time Private Limited's registered office is in Adipur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot – 387 Ward – 3/B, Adipur, Gujarat, India – 370205
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Movers On Time Private Limited, buy the company report.
Comprehensive company report
Movers On Time Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Movers On Time is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Movers On Time Private Limited, buy the company report.
Financials of Movers On Time Private Limited
FY 2025 filings availableMovers On Time Private Limited reported revenue of ₹11.65 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹11.65 Cr ▲ 44%
Net profit · FY 2025
₹1.97 Cr margin 16.9%
EBITDA · FY 2025
₹5.09 Cr margin 43.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 43%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 83%
5 years · compounded
▲ 132%
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 44% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.97 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.7% | ||||
| Net Profit Margin | 16.9% | ||||
| 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 Movers On Time Private Limited, buy the company report.
Board of directors of Movers On Time Private Limited
Movers On Time has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Surendra Gahlot | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Surendra Ramsingh Gahlot Also directs: Gahlot Consultancy Services LLP, Uss Logistics Private Limited | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Hardik Surendra Gahlot Also directs: Gahlot Consultancy Services LLP | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Harshit Surendra Gahlot | Director | 06 Jun 2023 | 3 Years 5 Months | Current |
Peer comparison
Movers On Time Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| On Road Logisol Private Limited | ₹11.76 Cr (FY 2024) | 2499.0% | Mumbai, Maharashtra, India | |||
| Sunil Nitrate Private Limited | ₹11.72 Cr (FY 2025) | -17.0% | Panoli, Dist: Bharuch, Gujarat, India | |||
| Movers On Time Private Limitedthis company | ₹11.65 Cr (FY 2025) | ₹1.97 Cr | 16.9% | 44.0% | Adipur, Gujarat, India | |
| Sandeep Carriers Private Limited | ₹11.61 Cr (FY 2024) | 22.0% | Manesar, Haryana, India | |||
| TVLS Transports Private Limited | ₹11.6 Cr (FY 2025) | 3.0% | Sattur, Tamil Nadu, India | |||
| Bijli Logistics Private Limited | ₹11.56 Cr (FY 2024) | 34.0% | Amritsar, Punjab, India | |||
| Garg Transport and Fleet Owners Private Limited | ₹11.56 Cr (FY 2024) | 24.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Movers On Time Private Limited, buy the company report.
Auditor
Movers On Time Private Limited is audited by Hitendra Agarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hitendra Agarwal & Co. | FY 2023 | 139925W |
Shareholding
The shareholding of Movers On Time Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Movers On Time Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.24 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101161116 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 23 Sep 2025 | 101161109 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 24 Jan 2025 | 101041813 | Sidbi | ₹1 Cr | Open | |
| 26 Feb 2024 | 100887855 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 16 Feb 2024 | 100880246 | Hdfc Bank Limited | ₹80 Lakh | Open |
To see the full charge records of Movers On Time Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Movers On Time Private Limited has 1 court case on record: 1 filed by Movers On Time. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Movers On Time 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 Movers On Time Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Movers On Time has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCM3227F1ZM | Gujarat | Active | 27 Feb 2020 |
To see the full GST registrations and return filing status of Movers On Time Private Limited, buy the company report.
Recent activity
Movers On Time Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Harshit Surendra Gahlot was appointed as Director on 06 Jun 2023.
AGM
Movers On Time Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 101161116 was registered on 23 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 101161109 was registered on 23 Sep 2025.
Filing
Movers On Time Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 100.00 Lakh with Charge ID 101041813 was registered on 24 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100887855 was registered on 26 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 80.00 Lakh with Charge ID 100880246 was registered on 16 Feb 2024.
Appointed
Harshit Surendra Gahlot was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100665680 was registered on 10 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100604143 was registered on 20 Aug 2022.
Charges
A charge with Sidbi amounted to Rs. 54.00 Lakh with Charge ID 100554624 was registered on 28 Mar 2022.
Charges
A charge with Sidbi of Rs. 54.00 Lakh registered on 28 Mar 2022 with Charge ID 100554624 was modified on 28 Mar 2022.
6 earlier events are in the company report.
Frequently asked questions
Movers On Time is an active private limited company based in Adipur, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 12 February 2020 (6+ years old) and is registered under CIN U63030GJ2020PTC112667.
Movers On Time has 4 current directors:
- Suman Surendra Gahlot - Director
- Surendra Ramsingh Gahlot - Director
- Hardik Surendra Gahlot - Director
- Harshit Surendra Gahlot - Director
The latest financial statements of Movers On Time on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Movers On Time is 24AANCM3227F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Movers On Time is U63030GJ2020PTC112667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movers On Time has 1 court case on record: 1 filed by the company.
Movers On Time was incorporated on 12 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Movers On Time by revenue are On Road Logisol Private Limited, Sunil Nitrate Private Limited, Sandeep Carriers Private Limited, TVLS Transports Private Limited, Bijli Logistics Private Limited and 1 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Harshit Surendra Gahlot was appointed as Director on 06 Jun 2023. Hardik Surendra Gahlot was appointed as Director on 12 Feb 2020. Suman Surendra Gahlot was appointed as Director on 12 Feb 2020. Movers On Time has 4 board changes on record in total.
Yes, Movers On Time is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Movers On Time is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-13-0003441).
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