MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0017858
Rsag Logistics India Private Limited - transport and logistics in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.23 Cr
▼ 6% YoY
Net loss · FY 2025
₹3.5 Cr
Net margin -18.2%
EBITDA · FY 2025
-₹91.7 Lakh
EBITDA margin -4.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.95 Cr
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹4.92 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
152
Provident fund records
About Rsag Logistics India Private Limited
Data last updated:
Rsag Logistics India Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Rsa Logistics Dwc Llp. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 07 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2011PTC035252. Its GSTIN is 03AAHCM3038J1ZM (Punjab). The company holds 14 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Abhishek Ajay Shah and Ajay Indravadan Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3620 – A First Floor South Model Gram Near Sampuran Palace Kochar Market Road, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.23 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹3.5 Cr (net margin -18.2%) and EBITDA of -₹91.7 Lakh (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meesan. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹4.92 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 4 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in April 2018. Its 5 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road) are compared by revenue, 2 larger and 3 smaller; the largest is Gold Feather Logistics Private Limited with revenue of ₹19.3 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 26 overdue payments to 11 micro and small suppliers.
Rsag Logistics India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0017858). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meesan.in.
Company details
CIN U74999PB2011PTC035252
Registration Number 035252
Incorporation Date 07 July 2011
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Rsa Logistics Dwc Llp
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0017858
Key People
Abhishek Ajay Shah Director Ajay Manher Nagrecha Additional Director Ajay Indravadan Shah Director Recognitions & Rankings of Rsag Logistics India
Contact details
Rsag Logistics India Private Limited's registered office is in Ludhiana, Punjab. Its website is meesan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3620 – A First Floor South Model Gram Near Sampuran Palace Kochar Market Road, Ludhiana, Punjab, India – 141002
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Rsag Logistics India Private Limited, buy the company report.
Comprehensive company report
Rsag Logistics India 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 Rsag Logistics India 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 Rsag Logistics India Private Limited, buy the company report.
Financials of Rsag Logistics India Private Limited
FY 2024 filings availableRsag Logistics India Private Limited reported revenue of ₹19.23 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹19.23 Cr ▼ 6%
Net loss · FY 2025
₹3.5 Cr margin -18.2%
EBITDA · FY 2025
-₹91.7 Lakh margin -4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 19%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▼ 1%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 6% fall in the latest year. EBITDA rose 65% 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 |
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| Total Expenses | |||||
| EBITDA | -₹91.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.5 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | ||||
| Net Profit Margin | -18.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Rsag Logistics India Private Limited, buy the company report.
Board of directors of Rsag Logistics India Private Limited
Rsag Logistics India has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Ajay Shah | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
| Ajay Manher Nagrecha | Additional Director | 22 Nov 2023 | 2 Years 11 Months | Current |
| Ajay Indravadan Shah Also directs: Magnus Assets and Capital Management LLP, Rsa Logistic Service Provider LLP, Saarthi Translogistics Private Limited and 3 more | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Gautam Suri | Director | 07 Jul 2011 | 15 Years 3 Months | Current |
| Hershil Jignesh Desai | Director | 13 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Rsag Logistics India Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| Gold Feather Logistics Private Limited | ₹19.3 Cr (FY 2023) | 7.0% | Ahmedabad, Gujarat, India | |||
| Apna Logistics Solutions Private Limited | ₹19.24 Cr (FY 2025) | 55.0% | Hyderabad, Telangana, India | |||
| Rsag Logistics India Private Limitedthis company | ₹19.23 Cr (FY 2025) | -₹3.5 Cr | -18.2% | -6.0% | 152 | Ludhiana, Punjab, India |
| All Globe Shipping Private Limited | ₹19.21 Cr (FY 2024) | -16.0% | Vadodara, Gujarat, India | |||
| GSJ Logistics Private Limited | ₹19.2 Cr (FY 2024) | 155.0% | Nelamangala, Karnataka, India | |||
| Briskworld Ventures Private Limited | ₹19.11 Cr (FY 2024) | -57.0% | New Delhi, Delhi, India |
To see the full peer comparison of Rsag Logistics India Private Limited, buy the company report.
Auditor
Rsag Logistics India Private Limited is audited by NARESH BATRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH BATRA & CO | FY 2023 | 505905 |
Shareholding
The shareholding of Rsag Logistics India Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rsag Logistics India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
₹4.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2022 | 100534062 | Axis Bank Limited | ₹36.27 Lakh | Open | |
| 20 Aug 2019 | 100286724 | Axis Bank Limited | ₹27.17 Lakh | Open | |
| 01 May 2019 | 100262340 | Hdfc Bank Limited | ₹1.3 Cr | Open | |
| 29 Dec 2018 | 100227559 | Others | ₹39.11 Lakh | Open | |
| 16 Nov 2018 | 100218779 | Others | ₹44.55 Lakh | Open |
To see the full charge records of Rsag Logistics India Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Rsag Logistics India Private Limited has 1 deal on record (1 acquisition); the latest was in April 2018.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Acquisition | Undisclosed | Buyer: RSA Logistics DWC-LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rsag Logistics India Private Limited has 5 court cases on record: 4 filed by Rsag Logistics India, 1 filed against it. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by Intech Creative Services Private Limited | Pending |
| Madras High Court | Appeal | Filed by the company against M/S. Vinar Systems Pvt Ltd | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against M/S. Vinar Systems Pvt Ltd | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against M/S. Vinar Systems Pvt Ltd | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Pending |
To see the full case history of Rsag Logistics India 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
Rsag Logistics India Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 26 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shriniwasa Road Carriers Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rsag Logistics India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rsag Logistics India Private Limited has a workforce of 152 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
152
Active EPFO establishments
1
Employee growth
4.83%
GST
Rsag Logistics India has 14 GST registrations: 7 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
7
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCM3038J1ZM | Punjab | Active | 01 Jul 2017 |
| 09AAHCM3038J1ZA | Uttar Pradesh | Active | 30 Jun 2017 |
| 06AAHCM3038J1ZG | Haryana | Active | 01 Jul 2017 |
| 24AAHCM3038J1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rsag Logistics India Private Limited, buy the company report.
Recent activity
Rsag Logistics India Private Limited has 12 board changes on record since 2011: 5 appointments and 7 cessations. The latest: Ajay Manher Nagrecha was appointed as Additional Director on 22 Nov 2023.
AGM
Rsag Logistics India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rsag Logistics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Ajay Manher Nagrecha was appointed as Additional Director.
Ceased
Gaurav Saluja ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100534062 was registered on 18 Jan 2022.
Appointed
Ajay Indravadan Shah was appointed as Director.
Ceased
Hariharan Karthikeyan ceased to be Director.
Ceased
Samee Ashfaq Patel ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100286724 was registered on 20 Aug 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100262340 was registered on 01 May 2019.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 22 Jan 2018 with Charge ID 100177715 was modified on 28 Mar 2019.
Appointed
Hershil Jignesh Desai was appointed as Director.
20 earlier events are in the company report.
Frequently asked questions
Rsag Logistics India is an active private limited company based in Ludhiana, Punjab, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 07 July 2011 (15+ years old) and is registered under CIN U74999PB2011PTC035252.
Rsag Logistics India has 5 current directors:
- Abhishek Ajay Shah - Director
- Ajay Manher Nagrecha - Additional Director
- Ajay Indravadan Shah - Director
- Gautam Suri - Director
- Hershil Jignesh Desai - Director
The latest financial statements of Rsag Logistics India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rsag Logistics India is 03AAHCM3038J1ZM, registered in Punjab. The company has 14 GST registrations in all, of which 7 are active and 7 are cancelled or inactive. Other active GSTINs include 09AAHCM3038J1ZA (Uttar Pradesh), 06AAHCM3038J1ZG (Haryana), 24AAHCM3038J1ZI (Gujarat).
The CIN (Corporate Identification Number) of Rsag Logistics India is U74999PB2011PTC035252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rsag Logistics India has 5 court cases on record: 4 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Rsag Logistics India was incorporated on 07 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rsag Logistics India has 1 deal on record (1 acquisition); the latest was in April 2018.
The peers of Rsag Logistics India by revenue are Gold Feather Logistics Private Limited, Apna Logistics Solutions Private Limited, All Globe Shipping Private Limited, GSJ Logistics Private Limited, Briskworld Ventures Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Ajay Manher Nagrecha was appointed as Additional Director on 22 Nov 2023. Gaurav Saluja ceased to be Director on 19 Feb 2022. Ajay Indravadan Shah was appointed as Director on 17 Jan 2022. Rsag Logistics India has 12 board changes on record in total.
Yes, Rsag Logistics India is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0017858).
Rsag Logistics India has 7 MSME Form 1 returns on record between 2019 and 2022, listing 26 overdue payments to 11 micro and small suppliers. The latest return was filed on 12 Sep 2023.