About Avana Logistek Limited
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Avana Logistek Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Unifeeder Isc Fzco. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 17 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50120MH1994PLC077152. Its GSTIN is 27AAFCS1591Q4ZL (Maharashtra). The company holds 13 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹195 Cr and a paid-up capital of ₹17.96 Cr. It was formerly known as Shreyas Shipping Services India Pvt Ltd and Shreyas Relay Systems Limited. It is led by directors Ganesh Jayaraman Raj and Kisna Yadav.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,766.58 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹247.43 Cr (net margin 14%) and EBITDA of ₹392.85 Cr (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Transworld. As per MCA filings, the company has open charges of ₹49.18 Cr and satisfied charges of ₹231.09 Cr on record. Court records list 57 cases involving the company, including 35 filed by the company and 22 filed against it; 12 cases are pending. The company has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹385.9 Cr; the latest was in June 2021. Its 3 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 1 smaller; the largest is Sar Transport Systems Private Limited with revenue of ₹1,465.13 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 1,405 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website transworld.com.
Company details
Name history
Avana Logistek has undergone 2 name changes throughout its history. The company was previously known as Shreyas Shipping Services India Pvt Ltd, and Shreyas Relay Systems Limited. The current legal name is Avana Logistek Limited.
| Company Name | Status |
|---|---|
| Avana Logistek Limited | Current |
| Shreyas Shipping Services India Pvt Ltd | Previous |
| Shreyas Relay Systems Limited | Previous |
CIN history
Avana Logistek has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U50120MH1994PLC077152, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50120MH1994PLC077152 | Current |
| U61100MH1994PLC077152 | Previous |
| U61100MH1994PTC077152 | Previous |
Contact details
Avana Logistek Limited's registered office is in Mumbai, Maharashtra. Its website is transworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAhura Centre A Wing 5th Floor Mahakali Caves Road, Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Avana Logistek 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
Brands
Avana Logistek operates one associated brand: Transworld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of shipping and maritime services | transworld.com |
Business activity
The main business activity of Avana Logistek is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Avana Logistek Limited, buy the company report.
Financials of Avana Logistek Limited
FY 2025 filings availableAvana Logistek Limited reported revenue of ₹1,766.58 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 26% growth in the latest year. EBITDA rose 72% 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 | ₹392.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹247.43 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 | 22.2% | ||||
| Net Profit Margin | 14% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Avana Logistek Limited, buy the company report.
Board of directors and KMP of Avana Logistek Limited
Avana Logistek Limited currently reports 2 directors and 2 key managerial personnel. 29 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Ratanlal Bohra | Cfo | 20 Feb 2018 | 8 Years 8 Months | Current |
| Ganesh Jayaraman Raj Also directs: Unifeeder Agencies India Private Limited | Director | 17 Sep 2024 | 2 Years 1 Months | Current |
| Muraleedharan Cherankera Makkandath | Ceo | 13 Oct 2021 | 5 Years 0 Months | Current |
| Kisna Yadav Also directs: Unifeeder Agencies India Private Limited | Director | 17 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Avana Logistek Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avana Logistek Limitedthis company | ₹1,766.58 Cr (FY 2025) | ₹247.43 Cr | 14% | 26.0% | 150 | Mumbai, Maharashtra, India |
| Sar Transport Systems Private Limited | ₹1,465.13 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India | |||
| Damco India Private Limited | ₹1,416.04 Cr (FY 2023) | 7.0% | Mumbai, Maharashtra, India | |||
| Gautam Freight Pvt Ltd | ₹1,225.49 Cr (FY 2025) | 19.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of Avana Logistek Limited, buy the company report.
Auditor
Avana Logistek Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
The shareholding of Avana Logistek Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avana Logistek Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101169309 | Hdfc Bank Limited | ₹9.18 Cr | Open | |
| 16 Jul 2015 | 10586013 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 29 Nov 2018 | 100222756 | Others | ₹69 Cr | Satisfied | |
| 04 Oct 2018 | 100222752 | Others | ₹20 Cr | Satisfied | |
| 14 Sep 2018 | 100207982 | Others | ₹8.61 Cr | Satisfied |
To see the full charge records of Avana Logistek Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Avana Logistek Limited has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹385.9 Cr; the latest was in June 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Transworld Shipping Agencies Private Limited & Ritesh S Ramakrishnan, Transworld Shipping Agencies Private Limited & Siwaswamy Ramakrishna Iyer, Transworld Shipping Agencies Private Limited , an individual Seller: Shreyas Shipping And Logistics Limited and Geeta Ramakrishnan, Shreyas Shipping And Logistics Limited and Ritesh S Ramakrishnan, Shreyas Shipping and Logistics Limited and Anisha Ramakrishnan |
| Feb 2018 | Secondary share transfer | Undisclosed | Seller: Crescent Shipping Agency (India) Limited , Transworld Shipping and Logistics Private Limited |
| Mar 2017 | Funding round | ₹358.9 Cr | Investors: Trans World Holdings Private Limited |
| Sep 2013 | Funding round | ₹7 Cr | Investors: Transworld Shipping Lines Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: Transworld Shipping Lines Limited |
To see the full deal history of Avana Logistek Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avana Logistek Limited has 57 court cases on record: 35 filed by Avana Logistek, 22 filed against it. 12 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 17 | 7 |
| High courts | 26 | 5 | 5 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Unifeeder Agencies India Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Unifeeder Agencies India Pvt Ltd and 3 others | Pending |
| Bombay High Court | Court case (CARAP) | Filed by the company against VKS Logistics Pvt Ltd and Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Al Kabeer Exports Pvt. Ltd. | Pending |
| High Court | Court case (COMAS) | Filed against the company by Al Ammar Frozen Foods Exports Pvt Ltd | Pending |
To see the full case history of Avana Logistek 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.
Credit ratings & regulatory alerts
Avana Logistek Limited was last rated by Crisil on 25 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Nov 2020 |
To see the full credit ratings and regulatory alerts of Avana Logistek Limited, buy the company report.
MSME payment delays
Avana Logistek Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 1,405 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Avana Logistek Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avana Logistek Limited has a workforce of 150 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Avana Logistek has 13 GST registrations: 10 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS1591Q4ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCS1591Q3ZM | Maharashtra | Active | 06 Jul 2017 |
| 07AAFCS1591Q1ZQ | Delhi | Active | 01 Jul 2017 |
| 24AAFCS1591Q1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avana Logistek Limited, buy the company report.
Recent activity
Avana Logistek Limited has 33 board changes on record since 2009: 4 appointments and 29 cessations. The latest: Ganesh Jayaraman Raj ceased to be Additional Director on 07 Nov 2024.
78 earlier events are in the company report.
News
Frequently asked questions
Avana Logistek is an active public limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 17 March 1994 (32+ years old) and is registered under CIN U50120MH1994PLC077152.
Avana Logistek has 4 current directors and KMP:
- Ganesh Jayaraman Raj - Director
- Kisna Yadav - Director
- Sanjay Ratanlal Bohra - Cfo
- Muraleedharan Cherankera Makkandath - Ceo
The latest financial statements of Avana Logistek 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 Avana Logistek is 27AAFCS1591Q4ZL, registered in Maharashtra. The company has 13 GST registrations in all, of which 10 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAFCS1591Q3ZM (Maharashtra), 07AAFCS1591Q1ZQ (Delhi), 24AAFCS1591Q1ZU (Gujarat).
The CIN (Corporate Identification Number) of Avana Logistek is U50120MH1994PLC077152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avana Logistek has 57 court cases on record: 35 filed by the company and 22 filed against it. 12 are pending. Most are in the district courts.
Avana Logistek was incorporated on 17 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Avana Logistek has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹385.9 Cr; the latest was in June 2021.
The peers of Avana Logistek by revenue are Sar Transport Systems Private Limited, Damco India Private Limited, Gautam Freight Pvt Ltd, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Ganesh Jayaraman Raj ceased to be Additional Director on 07 Nov 2024. Kisna Yadav ceased to be Additional Director on 07 Nov 2024. Muraleedharan Cherankera Makkandath ceased to be Additional Director on 07 Nov 2024. Avana Logistek has 33 board changes on record in total.
Avana Logistek has 5 MSME Form 1 returns on record between 2019 and 2020, listing 1,405 overdue payments to 21 micro and small suppliers. The latest return was filed on 28 Oct 2020.
Avana Logistek can be reached through the website transworld.com. Its registered office is in Mumbai, Maharashtra, India.