About Maxplus Logistics Limited
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Maxplus Logistics Limited is a public limited company based in New Delhi, Delhi, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 24 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L65999DL1985PLC022321. Its GSTIN is 07AAACM6989M1ZP (Delhi). It is a listed company as per MCA records.
The company has an authorised share capital of ₹6.7 Cr and a paid-up capital of ₹3.83 Cr. It was formerly known as Mmove Logistics Solutions Limited and Mc-Express Logix Solutions Limited. It is led by directors including Sanjay Munjal and Sanjeev Chandra.
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 1 Community Centreeast Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.5 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹15.2 Lakh (net margin -233.8%) and EBITDA of -₹14.62 Lakh (EBITDA margin -224.9%). Revenue has declined at a compounded annual rate (CAGR) of 297% over three years and 54% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.59 Cr and satisfied charges of ₹90 Lakh on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxpluslogisticslimited.com.
Company details
Name history
Maxplus Logistics has undergone 13 name changes throughout its history. The current legal name is Maxplus Logistics Limited.
| Company Name | Status |
|---|---|
| Maxplus Logistics Limited | Current |
| Mmove Logistics Solutions Limited | Previous |
| Mc-Express Logix Solutions Limited | Previous |
| M-Move India Limited | Previous |
| M-Move Express Logistics Solutions Limited | Previous |
| M-Move Transport Solutions Limited | Previous |
| Mc-Total Logistics Solutions Limited | Previous |
| Mettle Logistics Solutions Limited | Previous |
| Munjal Leasing Ltd | Previous |
| Mc-Logix Solutions Limited | Previous |
| Mc-Stitch Limited | Previous |
| Mc- Express Logistics Limited | Previous |
| Mc-Express Logistics Solutions Limited | Previous |
| Mc-Total Logistics Limited | Previous |
CIN history
Maxplus Logistics has one previous CIN (Corporate Identification Number): U65999DL1985PLC022321. The current CIN is L65999DL1985PLC022321, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65999DL1985PLC022321 | Current |
| U65999DL1985PLC022321 | Previous |
Contact details
Maxplus Logistics Limited's registered office is in New Delhi, Delhi. Its website is maxpluslogisticslimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Community Centreeast Of Kailash, New Delhi, Delhi, India – 110065
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Maxplus Logistics 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 Maxplus Logistics 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 Maxplus Logistics Limited, buy the company report.
Financials of Maxplus Logistics Limited
FY 2025 filings availableMaxplus Logistics Limited reported revenue of ₹6.5 Lakh (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 63% fall 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 | ₹6.5 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.2 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -224.9% | ||||
| Net Profit Margin | -233.8% | ||||
| 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 Maxplus Logistics Limited, buy the company report.
Board of directors of Maxplus Logistics Limited
Maxplus Logistics has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Munjal | Director | 01 May 1991 | 35 Years 5 Months | Current |
| Sanjeev Chandra | Director | 10 Jan 2006 | 20 Years 9 Months | Current |
| Superna Bedi Also directs: Battlerope Fitness LLP | Director | 14 Dec 2017 | 8 Years 10 Months | Current |
| Jitender Kumar | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Maxplus Logistics Limited is audited by D H A N A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D H A N A & Associates | FY 2023 | 008976N |
Shareholding
The shareholding of Maxplus Logistics Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxplus Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2008 | 10085466 | Oriental Bank of Commerce | ₹34 Lakh | Open | |
| 21 Sep 2007 | 10070403 | Oriental Bank of Commerce | ₹40 Lakh | Open | |
| 28 Dec 2001 | 90054398 | Canara Bank | ₹25 Lakh | Open | |
| 30 Sep 1996 | 90052967 | Canara Bank | ₹25 Lakh | Open | |
| 16 Jan 1991 | 90052380 | The Federal Bank Ltd. | ₹20 Lakh | Open |
To see the full charge records of Maxplus Logistics Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Maxplus Logistics Limited has 6 court cases on record: 2 filed by Maxplus Logistics, 4 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Ms J.M. Constructions Pvt Ltd | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by Elegant Associates Pvt. Ltd. | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against The State of Karnataka | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against The State of Karnataka | Disposed |
| District court, Central, Delhi | Court case (Cr. Case) | Filed against the company by an individual | Disposed |
To see the full case history of Maxplus Logistics 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 Maxplus Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxplus Logistics Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Maxplus Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM6989M1ZP | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxplus Logistics Limited, buy the company report.
Recent activity
Maxplus Logistics Limited has 21 board changes on record since 1991: 13 appointments and 8 cessations. The latest: Kanika Abbott ceased to be Director on 30 May 2025.
25 earlier events are in the company report.
Frequently asked questions
Maxplus Logistics is an active public limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 24 October 1985 (41+ years old) and is registered under CIN L65999DL1985PLC022321.
Maxplus Logistics has 4 current directors:
- Sanjay Munjal - Director
- Sanjeev Chandra - Director
- Superna Bedi - Director
- Jitender Kumar - Director
The latest financial statements of Maxplus Logistics 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 2015 are in the company report.
The GSTIN of Maxplus Logistics is 07AAACM6989M1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of Maxplus Logistics is L65999DL1985PLC022321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Maxplus Logistics is a listed company as per MCA records.
Maxplus Logistics has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Maxplus Logistics was incorporated on 24 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
Kanika Abbott ceased to be Director on 30 May 2025. Jitender Kumar was appointed as Director on 06 Sep 2024. Kanav Ramesh Chandra was appointed as CEO on 20 Jun 2024. Maxplus Logistics has 21 board changes on record in total.
Maxplus Logistics can be reached through the website maxpluslogisticslimited.com. Its registered office is in New Delhi, Delhi, India.