MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0012323
Master Logiteck Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.7 Cr
▼ 25% YoY
Net profit · FY 2024
₹1.11 Cr
Net margin 1.7%
EBITDA · FY 2024
₹4.55 Cr
EBITDA margin 7.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹22.68 Lakh
Issued & subscribed
Open charges
₹10.35 Cr
Satisfied ₹10.99 Cr
Company age
36 yrs
Est. 1990
Directors on board
4
As per MCA filings
About Master Logiteck Private Limited
Data last updated:
Master Logiteck Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Master Marine Services Private Limited. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 18 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1990PTC055113. Its GSTIN is 27AAACP3404G1ZT (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.68 Lakh. It was formerly known as Prudential Global Logistics Private Limited and Prudential Shipping Agencies Private Limited. It is led by directors including Xerrxes Master (Managing Director) and Percy Meher Master (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 22/D S.A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.7 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 1.7%) and EBITDA of ₹4.55 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹10.35 Cr and satisfied charges of ₹10.99 Cr on record. Court records list 37 cases involving the company, including 18 filed by the company and 19 filed against it; 6 cases are pending.
Master Logiteck Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0012323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mastergroups.com.
Company details
CIN U63090MH1990PTC055113
Registration Number 055113
Incorporation Date 18 January 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Master Marine Services Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0012323
Name history
Master Logiteck has undergone 4 name changes throughout its history. The current legal name is Master Logiteck Private Limited.
| Company Name | Status |
|---|---|
| Master Logiteck Private Limited | Current |
| Prudential Global Logistics Private Limited | Previous |
| Prudential Shipping Agencies Private Limited | Previous |
| Prudential Global Logistics (India) Private Limited | Previous |
Key People
Xerrxes Master Managing Director Percy Meher Master Managing Director Zeenia Percy Master Director Recognitions & Rankings of Master Logiteck
Contact details
Master Logiteck Private Limited's registered office is in Mumbai, Maharashtra. Its website is mastergroups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22/D S.A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Master Logiteck Private Limited, buy the company report.
Comprehensive company report
Master Logiteck Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Master Logiteck is transportation and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 51 | Air transport |
To see the full business activity and turnover split of Master Logiteck Private Limited, buy the company report.
Financials of Master Logiteck Private Limited
FY 2024 filings availableMaster Logiteck Private Limited reported revenue of ₹63.7 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹63.7 Cr ▼ 25%
Net profit · FY 2024
₹1.11 Cr margin 1.7%
EBITDA · FY 2024
₹4.55 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 31%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 19%
5 years · compounded
▲ 26%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Master Logiteck Private Limited, buy the company report.
Board of directors of Master Logiteck Private Limited
Master Logiteck has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xerrxes Master Also directs: Master Industries Private Limited, Master Marine Services Private Limited, Zoro Legacy Publication Private Limited and 3 more | Managing Director | 09 Nov 1994 | 31 Years 11 Months | Current |
| Zeenia Percy Master Also directs: Xenia Hospitality Solutions LLP, Master Industries Private Limited, Master Marine Services Private Limited and 1 more | Director | 31 Mar 2006 | 20 Years 7 Months | Current |
| Arin Percy Master Also directs: Master Industries Private Limited, Master Marine Services Private Limited, Zoro Legacy Publication Private Limited and 1 more | Director | 09 Nov 1994 | 31 Years 11 Months | Current |
| Percy Meher Master Also directs: Xenia Hospitality Solutions LLP, World Zoroastrian Entrepreneurship Enterprise LLP, Master Industries Private Limited and 4 more | Managing Director | 18 Jan 1990 | 36 Years 9 Months | Current |
Auditor
Master Logiteck Private Limited is audited by R S BHARUCHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S BHARUCHA & CO | FY 2023 | 101269W |
Shareholding
The shareholding of Master Logiteck 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 Master Logiteck Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.35 Cr
Satisfied charges
₹10.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2022 | 100604228 | Hdfc Bank Limited | ₹11.13 Lakh | Open | |
| 29 Jan 2022 | 100532051 | Hdfc Bank Limited | ₹9 Cr | Open | |
| 06 Jul 2020 | 100367385 | Canara Bank | ₹13.2 Lakh | Open | |
| 10 Feb 2020 | 100326003 | Syndicate Bank | ₹75 Lakh | Open | |
| 30 Aug 2019 | 100305875 | Syndicate Bank | ₹32.15 Lakh | Open |
To see the full charge records of Master Logiteck Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Master Logiteck Private Limited has 37 court cases on record: 18 filed by Master Logiteck, 19 filed against it. 6 cases are pending and 31 are disposed.
Total cases
37
Filed by the company
18
Filed against the company
19
Pending
6
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 15 | 5 |
| District courts | 10 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Gallictrans Cargo Logistics Private Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Sachi Molding Solutions Pvt Ltd | Disposed |
| High Court | Court case (APO) | Filed against the company by Royal Ocean Agency Pvt. Ltd. | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of M/S. Royal Ocean Agency P Ltd. | Disposed |
| High Court, GUJARAT | Court case (AS) | Filed by the company against Ajanta Soya Ltd. and 2 others | Disposed |
To see the full case history of Master Logiteck 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 Master Logiteck Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Logiteck has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
8
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3404G1ZT | Maharashtra | Active | 01 Jul 2017 |
| 24AAACP3404G1ZZ | Gujarat | Active | 01 Jul 2017 |
| 33AAACP3404G1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
| 07AAACP3404G1ZV | Delhi | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Master Logiteck Private Limited, buy the company report.
Recent activity
Master Logiteck Private Limited has 6 board changes on record since 1990: 4 appointments and 2 cessations. The latest: Percy Meher Master ceased to be Additional Director on 01 Mar 2018.
AGM
Master Logiteck Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 900.00 Lakh registered on 29 Jan 2022 with Charge ID 100532051 was modified on 03 Apr 2024.
Filing
Master Logiteck Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.13 Lakh with Charge ID 100604228 was registered on 17 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 900.00 Lakh with Charge ID 100532051 was registered on 29 Jan 2022.
Charges
A charge with Canara Bank amounted to Rs. 13.20 Lakh with Charge ID 100367385 was registered on 06 Jul 2020.
Charges
A charge with Syndicate Bank amounted to Rs. 75.00 Lakh with Charge ID 100326003 was registered on 10 Feb 2020.
Charges
A charge with Syndicate Bank amounted to Rs. 32.15 Lakh with Charge ID 100305875 was registered on 30 Aug 2019.
Ceased
Percy Meher Master ceased to be Additional Director.
Charges
A charge registered on 13 Jan 2011 via Charge ID 10272799 with Standard Chartered Bank was fully satisfied on 26 Oct 2016.
Charges
A charge registered on 24 Jun 2005 via Charge ID 80053161 with Standard Chartered Bank was fully satisfied on 26 Oct 2016.
Charges
A charge registered on 24 Jun 2005 via Charge ID 80032707 with Standard Chartered Bank was fully satisfied on 26 Oct 2016.
18 earlier events are in the company report.
Frequently asked questions
Master Logiteck is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 18 January 1990 (36+ years old) and is registered under CIN U63090MH1990PTC055113.
Master Logiteck has 4 current directors:
- Xerrxes Master - Managing Director
- Percy Meher Master - Managing Director
- Zeenia Percy Master - Director
- Arin Percy Master - Director
The latest financial statements of Master Logiteck on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Master Logiteck is 27AAACP3404G1ZT, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACP3404G1ZZ (Gujarat), 33AAACP3404G1Z0 (Tamil Nadu), 07AAACP3404G1ZV (Delhi).
The CIN (Corporate Identification Number) of Master Logiteck is U63090MH1990PTC055113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Logiteck has 37 court cases on record: 18 filed by the company and 19 filed against it. 6 are pending. Most are in the high courts.
Master Logiteck was incorporated on 18 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Percy Meher Master ceased to be Additional Director on 01 Mar 2018. Xerrxes Master ceased to be Director on 01 Jan 2008. Zeenia Percy Master was appointed as Director on 31 Mar 2006. Master Logiteck has 6 board changes on record in total.
Yes, Master Logiteck is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0012323).
Master Logiteck can be reached through the website mastergroups.com. Its registered office is in Mumbai, Maharashtra, India.
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