About JMS Logistics and Express Private Limited
Data last updated:
JMS Logistics and Express Private Limited is a private limited company based in Mumbai, Maharashtra, 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 30 July 2014.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64204MH2014PTC256722. The company has 17 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹66.9 Lakh. It is led by directors Akbar Kadar Ckkadar and Tahseen Aalam Badre Aalam Ansari.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹60.11 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹6.37 Cr (net margin -10.6%) and EBITDA of -₹5.79 Cr (EBITDA margin -9.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 58% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WOW Express. Court records list 18 cases involving the company, including 3 filed by the company and 15 filed against it; 8 cases are pending. The company has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹39.11 Cr; the latest was in September 2019.
The last known website on record is wowexpress.in.
Company details
Contact details
JMS Logistics and Express Private Limited's registered office is in Mumbai, Maharashtra. Its website is wowexpress.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop 28 Goyal Trade Centre Shantivan, Borivali East India, Mumbai, Maharashtra, India – 400066
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of JMS Logistics and Express 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
Brands
JMS Logistics and Express operates one associated brand: WOW Express. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tech-enabled ecommerce delivery and logistics solutions are provided. | wowexpress.in |
Business activity
The main business activity of JMS Logistics and Express is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of JMS Logistics and Express Private Limited, buy the company report.
Financials of JMS Logistics and Express Private Limited
FY 2021 filings availableJMS Logistics and Express Private Limited reported revenue of ₹60.11 Cr (down 3% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA rose 69% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.11 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹5.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.37 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.6% | ||||
| Net Profit Margin | -10.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of JMS Logistics and Express Private Limited, buy the company report.
Board of directors of JMS Logistics and Express Private Limited
JMS Logistics and Express has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akbar Kadar Ckkadar | Additional Director | 15 Jun 2022 | 4 Years 4 Months | As last reported |
| Tahseen Aalam Badre Aalam Ansari Also directs: Bowman Logistics Private Limited | Additional Director | 15 Jun 2022 | 4 Years 4 Months | As last reported |
Auditor
JMS Logistics and Express Private Limited is audited by IGSK & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| IGSK & Associates | FY 2021 | 602558 |
Shareholding
The shareholding of JMS Logistics and Express Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JMS Logistics and Express Private Limited, buy the company report.
Deals & funding
JMS Logistics and Express Private Limited has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹39.11 Cr; the latest was in September 2019.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Tamarind Family Private Trust Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Chinus Asset Management Seller: Tamarind Family Private Trust |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2015 | Funding round · Series A | ₹3.35 Cr | Investors: Tamarind Family Private Trust, 3 individuals |
To see the full deal history of JMS Logistics and Express Private 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
JMS Logistics and Express Private Limited has 18 court cases on record: 3 filed by JMS Logistics and Express, 15 filed against it. 8 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 6 |
| NCLAT | 3 | 3 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by M/S. Roppen Transportation Services Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Mudita Express Cargo Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S. Index Logistics Pvt. Ltd. | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S.Impex Express Logistics Pvt.Ltd. | Pending |
| District court, South West, Delhi | Court case (CR CRIMINAL REVISION) | Filed by the company against Impex Express Logistics P Ltd | Disposed |
To see the full case history of JMS Logistics and Express 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 JMS Logistics and Express Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JMS Logistics and Express Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
JMS Logistics and Express has 17 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of JMS Logistics and Express Private Limited, buy the company report.
Recent activity
JMS Logistics and Express Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Jayesh Kishor Kamat ceased to be Director on 18 Jun 2022.
1 earlier event is in the company report.
News
Frequently asked questions
JMS Logistics and Express 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.
JMS Logistics and Express is a company under insolvency, formerly operating as a private 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 30 July 2014 and is registered under CIN U64204MH2014PTC256722. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
JMS Logistics and Express has 2 current directors:
- Akbar Kadar Ckkadar - Additional Director
- Tahseen Aalam Badre Aalam Ansari - Additional Director
The latest financial statements of JMS Logistics and Express on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of JMS Logistics and Express is U64204MH2014PTC256722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JMS Logistics and Express has 18 court cases on record: 3 filed by the company and 15 filed against it. 8 are pending. Most are in the district courts.
JMS Logistics and Express was incorporated on 30 July 2014. It is registered with the Registrar of Companies, Mumbai.
JMS Logistics and Express has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹39.11 Cr; the latest was in September 2019.
Jayesh Kishor Kamat ceased to be Director on 18 Jun 2022. Mazhar Latif Faruqi ceased to be Director on 18 Jun 2022. Akbar Kadar Ckkadar was appointed as Additional Director on 15 Jun 2022. JMS Logistics and Express has 10 board changes on record in total.
JMS Logistics and Express can be reached through the website wowexpress.in. Its registered office is in Mumbai, Maharashtra, India.