
About Promove Logistics Private Limited
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Promove Logistics Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 08 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PTC330541. Its GSTIN is 07AAJCP7261Q1ZM (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jitender Richhariya and Deepak Kumar Jha.
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 3rd Floor Plot No. 6 Unicom House Lsc Commerical Complex Block A – 3 Janakp, Uri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.57 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹46.65 Lakh (net margin 0.8%) and EBITDA of ₹6.67 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 23% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Promove Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0029714). For more details, the company can be reached via its website promove.in.
Company details
Recognitions & Rankings of Promove Logistics
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0029714
Contact details
Promove Logistics Private Limited's registered office is in New Delhi, Delhi. Its website is promove.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Plot No. 6 Unicom House Lsc Commerical Complex Block A – 3 Janakp, Uri, New Delhi, Delhi, India – 110058
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Promove Logistics 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
Business activity
The main business activity of Promove Logistics 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 Promove Logistics Private Limited, buy the company report.
Financials of Promove Logistics Private Limited
FY 2025 filings availablePromove Logistics Private Limited reported revenue of ₹61.57 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 53% growth in the latest year. EBITDA rose 64% 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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| EBITDA | ₹6.67 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹46.65 Lakh | ||||
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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 | 10.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Promove Logistics Private Limited, buy the company report.
Board of directors of Promove Logistics Private Limited
Promove Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitender Richhariya | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Deepak Kumar Jha | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Promove Logistics Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Emveess Infraventures Private Limited | ₹62.07 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Transmec (India) Private Limited | ₹61.89 Cr (FY 2024) | -35.0% | New Delhi, Delhi, India | |||
| Orchid Container Line Private Limited | ₹61.82 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Promove Logistics Private Limitedthis company | ₹61.57 Cr (FY 2025) | ₹46.65 Lakh | 0.8% | 53.0% | New Delhi, Delhi, India | |
| Sea Hawk Lines Private Limited | ₹61.16 Cr (FY 2024) | -14.0% | Chennai, Tamil Nadu, India | |||
| Translink Logistics Private Limited | ₹60.94 Cr (FY 2025) | 82.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Promove Logistics Private Limited, buy the company report.
Auditor
Promove Logistics Private Limited is audited by AGGARWAL MAHAVIR & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL MAHAVIR & ASSOCIATES | FY 2024 | 023827N |
Shareholding
The shareholding of Promove Logistics Private 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 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Promove Logistics Private Limited, buy the company report.
Legal cases
Promove Logistics Private Limited has 1 court case on record: 1 filed by Promove Logistics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed by the company against Live Wire Call Centre Services Pvt. Ltd. and Anr. and 1 other | Disposed |
To see the full case history of Promove Logistics 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
Promove Logistics Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 23 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aggarwal Mahavir & Associates | |||
| Milap Logistics Private Limited | |||
| Safewater Lines India Private Limited | |||
| an individual supplier | |||
| Professional Impex Private Limited. |
To see the full MSME payment records of Promove Logistics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Promove Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCP7261Q1ZM | Delhi | Active | 26 Apr 2018 |
To see the full GST registrations and return filing status of Promove Logistics Private Limited, buy the company report.
Recent activity
Promove Logistics Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Archana Upadhay ceased to be Director on 27 Sep 2022.
Frequently asked questions
Promove Logistics is an active private limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 08 March 2018 (8+ years old) and is registered under CIN U74999DL2018PTC330541.
Promove Logistics has 2 current directors:
- Jitender Richhariya - Director
- Deepak Kumar Jha - Director
The latest financial statements of Promove Logistics 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 FY 2018 are in the company report.
The GSTIN of Promove Logistics is 07AAJCP7261Q1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Promove Logistics is U74999DL2018PTC330541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promove Logistics has 1 court case on record: 1 filed by the company.
Promove Logistics was incorporated on 08 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Promove Logistics by revenue are Emveess Infraventures Private Limited, Transmec (India) Private Limited, Orchid Container Line Private Limited, Sea Hawk Lines Private Limited, Translink Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Archana Upadhay ceased to be Director on 27 Sep 2022. Jitender Richhariya was appointed as Director on 12 Sep 2022. Deepak Kumar Jha was appointed as Director on 08 Mar 2018.
Yes, Promove Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Promove Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0029714).
Promove Logistics has 3 MSME Form 1 returns on record between 2023 and 2024, listing 23 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2024.

