About Seven H Logistics Private Limited
Data last updated:
Seven H Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 29 February 2008.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63010KA2008PTC045462. Its GSTIN is 29AALCS7716H1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Abishek Vijaykumar and Gopalan Vijaykumar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 150 I Floor Malleswaram Arcade 7th Cross Margosa Road Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.67 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹7.74 Cr (net margin -80.1%) and EBITDA of -₹3.8 Cr (EBITDA margin -39.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 2% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.6 Cr on record. Court records list 33 cases involving the company, including 9 filed by the company and 24 filed against it; 4 cases are pending.
The last known website on record is sevenh.com.
Company details
Contact details
Seven H Logistics Private Limited's registered office is in Bangalore, Karnataka. Its website is sevenh.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address150 I Floor Malleswaram Arcade 7th Cross Margosa Road Malleswaram, Bangalore, Karnataka, India – 560003
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Seven H 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 Seven H 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 Seven H Logistics Private Limited, buy the company report.
Financials of Seven H Logistics Private Limited
FY 2020 filings availableSeven H Logistics Private Limited reported revenue of ₹9.67 Cr (down 69% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 260% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.67 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.74 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.3% | ||||
| Net Profit Margin | -80.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Seven H Logistics Private Limited, buy the company report.
Board of directors of Seven H Logistics Private Limited
Seven H Logistics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abishek Vijaykumar Also directs: Seven H Trading Private Limited | Director | 29 Feb 2008 | 18 Years 7 Months | As last reported |
| Gopalan Vijaykumar Also directs: Mangal Trading Bombay Pvt Ltd, Kukkr Technologies Private Limited | Director | 20 Jul 2019 | 7 Years 3 Months | As last reported |
Shareholding
The shareholding of Seven H Logistics Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Seven H Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2018 | 100206096 | Others | ₹1.12 Cr | Open | |
| 23 Nov 2017 | 100155510 | Others | ₹1.7 Cr | Open | |
| 21 Nov 2017 | 100152555 | Others | ₹63.72 Lakh | Open | |
| 10 Aug 2017 | 100180369 | Others | ₹93.57 Lakh | Open | |
| 10 Aug 2017 | 100180370 | Others | ₹93.57 Lakh | Open |
To see the full charge records of Seven H Logistics Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Seven H Logistics Private Limited has 33 court cases on record: 9 filed by Seven H Logistics, 24 filed against it. 4 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 9 | 2 |
| District courts | 15 | 15 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by M/S Deccan Cargo and Express Logistics Private Limited (in Liqn) | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company by GP Petroleums Ltd., Rep by Its Power Agent, Mr. Vijaya Shankar | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by HDB Financial Services Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Axis Bank Ltd., | Disposed |
| Calcutta High Court | Court case (EC) | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Seven H Logistics 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 Seven H Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Seven H Logistics Private Limited has a workforce of 70 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Seven H Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS7716H1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seven H Logistics Private Limited, buy the company report.
Recent activity
Seven H Logistics Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Gopalan Vijaykumar was appointed as Director on 20 Jul 2019.
12 earlier events are in the company report.
Frequently asked questions
Seven H Logistics is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Seven H Logistics is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 29 February 2008 and is registered under CIN U63010KA2008PTC045462. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Seven H Logistics has 2 current directors:
- Abishek Vijaykumar - Director
- Gopalan Vijaykumar - Director
The latest financial statements of Seven H Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Seven H Logistics is U63010KA2008PTC045462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seven H Logistics has open charges of ₹22.6 Cr and no satisfied charges on record as per latest MCA filings.
Seven H Logistics has 33 court cases on record: 9 filed by the company and 24 filed against it. 4 are pending. Most are in the high courts.
Seven H Logistics was incorporated on 29 February 2008. It is registered with the Registrar of Companies, Bangalore.
Gopalan Vijaykumar was appointed as Director on 20 Jul 2019. Niharika Kancharana Rao ceased to be Director on 20 Jul 2019. Gopalan Vijaykumar ceased to be Director on 23 Jan 2016. Seven H Logistics has 7 board changes on record in total.
Seven H Logistics can be reached through the website sevenh.com. Its registered office is in Bangalore, Karnataka, India.