About Orizonte Business Solutions Limited
Data last updated:
Orizonte Business Solutions Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mahindra And Mahindra Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 18 September 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U60231MH2000PLC128757. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹35 Cr and a paid-up capital of ₹31.02 Cr. It was led by directors including Naveen Kumar Kshatriya and Bharat Moossaddee.
Its last annual general meeting (AGM) was held on 26 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mahindra Towersdr G M Bhosale Marg P K Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded EBITDA of -₹22.07 Cr (EBITDA margin -214.2%).
The company had about 25 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: SmartShift. As per MCA filings, the company had satisfied charges of ₹60 Lakh on record.
The last known website on record is smartshift.in.
Company details
CIN history
Orizonte Business Solutions has one previous CIN (Corporate Identification Number): U01110MH2000PLC128757. The current CIN is U60231MH2000PLC128757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60231MH2000PLC128757 | Current |
| U01110MH2000PLC128757 | Previous |
Contact details
Orizonte Business Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is smartshift.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMahindra Towersdr G M Bhosale Marg P K Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Orizonte Business Solutions 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
Orizonte Business Solutions operates one associated brand: SmartShift. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online trucking services booking platform | smartshift.in |
Business activity
The main business activity of Orizonte Business Solutions 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 Orizonte Business Solutions Limited, buy the company report.
Financials of Orizonte Business Solutions Limited
FY 2018 filings availableOrizonte Business Solutions Limited reported revenue of ₹10.3 Cr (up 243% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 243% in the latest year. EBITDA fell 152% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹22.07 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -214.2% | |||
| Net Profit Margin | ||||
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To see the full financial statements and ratios of Orizonte Business Solutions Limited, buy the company report.
Board of directors of Orizonte Business Solutions Limited
Orizonte Business Solutions has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kumar Kshatriya | Director | 26 May 2017 | 9 Years 4 Months | As last reported |
| Bharat Moossaddee Also directs: Dynamic Cables Limited | Director | 19 Oct 2015 | 11 Years 0 Months | As last reported |
| Rajeshwar Tripathi Also directs: Coreintegra Consulting Services Limited | Director | 19 Oct 2015 | 11 Years 0 Months | As last reported |
| Pravin Nagindas Shah | Director | 26 May 2017 | 9 Years 4 Months | As last reported |
| Anish Dilip Shah Also directs: Mahindra Lifespace Developers Limited, Mahindra Holidays & Resorts India Limited, Mahindra Logistics Limited and 5 more | Director | 19 Oct 2015 | 11 Years 0 Months | As last reported |
Peer comparison
Orizonte Business Solutions 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 (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jhabua Motor Transport Private Limited | ₹10.31 Cr (FY 2025) | -19.0% | Indore, Madhya Pradesh, India | |||
| Orizonte Business Solutions Limitedthis company | ₹10.3 Cr (FY 2018) | 243.0% | 25 | Mumbai, Maharashtra, India | ||
| Shrinarayani Transport Private Limited | ₹10.3 Cr (FY 2025) | 284.0% | Bhatapara, Chhattisgarh, India | |||
| Paul Logistics (India) Private Limited | ₹10.26 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India |
To see the full peer comparison of Orizonte Business Solutions Limited, buy the company report.
Auditor
Orizonte Business Solutions Limited is audited by B. K. Khare & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Khare & Co. | FY 2016 | 105102W |
Shareholding
The shareholding of Orizonte Business Solutions Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Orizonte Business Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2000 | 90242310 | The Dhanalakshmi Bank Ltd | ₹60 Lakh | Satisfied |
To see the full charge records of Orizonte Business Solutions Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Orizonte Business Solutions Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Orizonte Business Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Orizonte Business Solutions Limited has a workforce of 25 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Orizonte Business Solutions has 4 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 Orizonte Business Solutions Limited, buy the company report.
Recent activity
Orizonte Business Solutions Limited has 15 board changes on record since 2011: 5 appointments and 10 cessations. The latest: Charulata Ravikumar ceased to be Director on 20 Feb 2019.
8 earlier events are in the company report.
Frequently asked questions
Orizonte Business Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Orizonte Business Solutions was a public limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 18 September 2000 and is registered under CIN U60231MH2000PLC128757. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Orizonte Business Solutions was incorporated on 18 September 2000. It is registered with the Registrar of Companies, Mumbai.
Orizonte Business Solutions had 5 directors:
- Naveen Kumar Kshatriya - Director
- Bharat Moossaddee - Director
- Rajeshwar Tripathi - Director
- Pravin Nagindas Shah - Director
- Anish Dilip Shah - Director
The CIN (Corporate Identification Number) of Orizonte Business Solutions is U60231MH2000PLC128757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Orizonte Business Solutions is at Mahindra Towersdr G M Bhosale Marg P K Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
Orizonte Business Solutions can be reached through the website smartshift.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Orizonte Business Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 July 2018. Year-wise statements from 2015 are in the company report.
No. Orizonte Business Solutions has 4 GST registrations on record and all of them are cancelled or inactive.
Orizonte Business Solutions operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
The peers of Orizonte Business Solutions by revenue are Jhabua Motor Transport Private Limited, Shrinarayani Transport Private Limited, Paul Logistics (India) Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).