About Pipip E-Services Private Limited
Data last updated:
Pipip E-Services Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 12 January 2015.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC097229. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.96 Lakh. It was led by directors Ganesh Krishnan and Arun Venkatramani Rao.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No.28 Aswini Layout Road No.70 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.46 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹12.31 Lakh and EBITDA of -₹10.03 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 3% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: TruckSumo. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.4 Cr; the latest was in June 2019. Its 10 peer companies in the Transport and Logistics industry (Diversified Logistics) are compared by revenue, 5 larger and 5 smaller; the largest is Alive International Private Limited with revenue of ₹1.5 Lakh.
The last known website on record is trucksumo.com.
Company details
Contact details
Pipip E-Services Private Limited's registered office is in Hyderabad, Telangana. Its website is trucksumo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.28 Aswini Layout Road No.70 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Pipip E-Services 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
Pipip E-Services operates one associated brand: TruckSumo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Short-haul services are booked via an online marketplace platform. | trucksumo.com |
Financials of Pipip E-Services Private Limited
FY 2020 filings availablePipip E-Services Private Limited reported revenue of ₹1.46 Lakh (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 180% 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 | ₹1.46 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pipip E-Services Private Limited, buy the company report.
Board of directors of Pipip E-Services Private Limited
Pipip E-Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Krishnan Also directs: Vriksha Realtors LLP, Hygiene Bigbite Private Limited, CRM Holdings Private Limited and 5 more | Director | 03 Feb 2015 | 11 Years 8 Months | As last reported |
| Arun Venkatramani Rao Also directs: Zipzap Logistics Private Limited | Director | 12 Jan 2015 | 11 Years 9 Months | As last reported |
Peer comparison
Pipip E-Services Private Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alive International Private Limited | ₹1.5 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Satwik Seyank Shipping Private Limited | ₹1.5 Lakh (FY 2021) | -88.0% | Patna, Bihar, India | |||
| Shree Karni Carriers Private Limited | ₹1.49 Lakh (FY 2018) | -57.0% | Mumbai, Maharashtra, India | |||
| Airlift Container Lines Private Limited | ₹1.48 Lakh (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Skyfer Logistic Private Limited | ₹1.47 Lakh (FY 2025) | -92.0% | Chennai, Tamil Nadu, India | |||
| Pipip E-Services Private Limitedthis company | ₹1.46 Lakh (FY 2020) | -₹12.31 Lakh | -100.0% | 1 | Hyderabad, Telangana, India | |
| Grintex Global Marine Line Private Limited | ₹1.46 Lakh (FY 2022) | Thane, Maharashtra, India | ||||
| Yasita Carrier Private Limited | ₹1.45 Lakh (FY 2018) | -7.0% | Howrah, West Bengal, India | |||
| Tripo Travel & Adventures Private Limited | ₹1.45 Lakh (FY 2023) | 1575.0% | Hyderabad, Telangana, India | |||
| Naturemate (India) Private Limited | ₹1.43 Lakh (FY 2024) | -92.0% | Jajpur, Odisha, India | |||
| NGT Realty & Warehousing Private Limited | ₹1.43 Lakh (FY 2025) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Pipip E-Services Private Limited, buy the company report.
Auditor
Pipip E-Services Private Limited is audited by NARASIMHA RAO & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARASIMHA RAO & ASSOCIATES | FY 2020 | 002336S |
Shareholding
The shareholding of Pipip E-Services Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pipip E-Services Private Limited, buy the company report.
Deals & funding
Pipip E-Services Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.4 Cr; the latest was in June 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Funding round | ₹1.2 Cr | Investors: an individual |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2015 | Funding round | ₹4.2 Cr | Investors: Lionrock Capital, Pratithi Investments, MEMG Family Office |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pipip E-Services Private Limited has 1 court case on record: 1 filed by Pipip E-Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Pipip E-Services 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 Pipip E-Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pipip E-Services Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Pipip E-Services has 5 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 Pipip E-Services Private Limited, buy the company report.
Recent activity
Pipip E-Services Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Ram Nithin Baalay ceased to be Director on 01 Oct 2016.
Frequently asked questions
Pipip E-Services has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Pipip E-Services was a private limited company based in Hyderabad, Telangana, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 12 January 2015 and is registered under CIN U72200TG2015PTC097229. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Pipip E-Services was incorporated on 12 January 2015. It is registered with the Registrar of Companies, Hyderabad.
Pipip E-Services had 2 directors:
- Ganesh Krishnan - Director
- Arun Venkatramani Rao - Director
The CIN (Corporate Identification Number) of Pipip E-Services is U72200TG2015PTC097229. 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 Pipip E-Services is at Plot No.28 Aswini Layout Road No.70 Jubilee Hills, Hyderabad, Telangana, India – 500033.
Pipip E-Services can be reached through the website trucksumo.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Pipip E-Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Pipip E-Services has 5 GST registrations on record and all of them are cancelled or inactive.
Pipip E-Services operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
Pipip E-Services has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.4 Cr; the latest was in June 2019.