- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0011822

About Planet Express Innovations Private Limited
Data last updated:
Planet Express Innovations Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Logiq Labs Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 04 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2014PTC094847. Its GSTIN is 33AAHCP6046M1CF (Tamil Nadu). The company holds 37 GST registrations, of which 35 are active.
The company has an authorised share capital of ₹53 Lakh and a paid-up capital of ₹52.68 Lakh. It is led by directors including Ajaykumar Rajakumar and Shashi Shekhar Mahendra Nath Tripathi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 7 Veenus Colony Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.75 Lakh, a growth of 147% compared to the previous year. For the same year it recorded a net profit of ₹54.4 Lakh (net margin 74.8%) and EBITDA of ₹59.68 Lakh (EBITDA margin 82%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 24% over five years.
The company is associated with 1 brand: eCourierz. As per MCA filings, the company has open charges of ₹16.7 Lakh on record.
Planet Express Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011822). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecourierz.com.
Company details
Recognitions & Rankings of Planet Express Innovations
Contact details
Planet Express Innovations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ecourierz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 7 Veenus Colony Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Planet Express Innovations 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
Planet Express Innovations operates one associated brand: eCourierz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace providing domestic and international courier services | ecourierz.com |
Business activity
The main business activity of Planet Express Innovations is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Planet Express Innovations Private Limited, buy the company report.
Financials of Planet Express Innovations Private Limited
FY 2025 filings availablePlanet Express Innovations Private Limited reported revenue of ₹72.75 Lakh (up 147% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 147% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. 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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| EBITDA | ₹59.68 Lakh | ||||
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| Net Profit (PAT) | ₹54.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 82% | ||||
| Net Profit Margin | 74.8% | ||||
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To see the full financial statements and ratios of Planet Express Innovations Private Limited, buy the company report.
Board of directors of Planet Express Innovations Private Limited
Planet Express Innovations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Rajakumar Also directs: Logiq Labs Private Limited | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Shashi Shekhar Mahendra Nath Tripathi Also directs: Logiq Labs Private Limited | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
| Mahadi Shivadeep Shivakumar Also directs: Logiq Labs Private Limited | Director | 04 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Planet Express Innovations Private Limited is audited by PVRN & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PVRN & ASSOCIATES LLP | FY 2023 | 014974S |
Shareholding
The shareholding of Planet Express Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Planet Express Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2021 | 100465888 | Axis Bank Limited | ₹1.7 Lakh | Open | |
| 28 Aug 2018 | 100200294 | Others | ₹15 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Planet Express Innovations Private 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
Planet Express Innovations Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Logiq Labs Private Limited |
To see the full MSME payment records of Planet Express Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Planet Express Innovations has 37 GST registrations: 35 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP6046M1CF | Tamil Nadu | Active | 07 Jun 2022 |
| 29AAHCP6046M1ZT | Karnataka | Active | 01 Jul 2017 |
| 29AAHCP6046M1C4 | Karnataka | Active | 16 Oct 2020 |
| 19AAHCP6046M1C5 | West Bengal | Active | 17 May 2022 |
To see the full GST registrations and return filing status of Planet Express Innovations Private Limited, buy the company report.
Recent activity
Planet Express Innovations Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Rathnasabapathy Sreenivas ceased to be Director on 18 Sep 2021.
Frequently asked questions
Planet Express Innovations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 04 February 2014 (12+ years old) and is registered under CIN U72900TN2014PTC094847.
Planet Express Innovations has 3 current directors:
- Ajaykumar Rajakumar - Director
- Shashi Shekhar Mahendra Nath Tripathi - Director
- Mahadi Shivadeep Shivakumar - Director
The latest financial statements of Planet Express Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Planet Express Innovations is 33AAHCP6046M1CF, registered in Tamil Nadu. The company has 37 GST registrations in all, of which 35 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAHCP6046M1ZT (Karnataka), 29AAHCP6046M1C4 (Karnataka), 19AAHCP6046M1C5 (West Bengal).
The CIN (Corporate Identification Number) of Planet Express Innovations is U72900TN2014PTC094847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet Express Innovations was incorporated on 04 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Rathnasabapathy Sreenivas ceased to be Director on 18 Sep 2021. Shashi Shekhar Mahendra Nath Tripathi ceased to be Additional Director on 19 Feb 2021. Ajaykumar Rajakumar was appointed as Director on 01 Mar 2019. Planet Express Innovations has 5 board changes on record in total.
Yes, Planet Express Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0011822).
Planet Express Innovations has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Oct 2021.
Planet Express Innovations can be reached through the website ecourierz.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Planet Express Innovations is at No 7 Veenus Colony Alwarpet, Chennai, Tamil Nadu, India – 600018.