MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0004353
Salasar Balaji Logistic Private Limited - transport and logistics in Ujjain, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.89 Cr
▲ 13% YoY
Net profit · FY 2023
₹64.47 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹2.7 Cr
EBITDA margin 12.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.73 Cr
Issued & subscribed
Open charges
₹4.08 Cr
Satisfied ₹6.5 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
32
Provident fund records
About Salasar Balaji Logistic Private Limited
Data last updated:
Salasar Balaji Logistic Private Limited is a private limited company based in Ujjain, Madhya Pradesh, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 26 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U63090MP2013PTC030591. Its GSTIN is 23AATCS1485K2ZS (Madhya Pradesh). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.73 Cr. It is led by directors Ankit Sharma (Managing Director) and Ankita Sharma (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 107 Sudama Nagar Agar Road, Ujjain, Madhya Pradesh, India – 456001.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.89 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹64.47 Lakh (net margin 2.9%) and EBITDA of ₹2.7 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 67% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.08 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 42 cases involving the company, including 42 filed against it; 31 cases are pending.
Salasar Balaji Logistic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0004353). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salasar-group.com.
Company details
CIN U63090MP2013PTC030591
Registration Number 030591
Incorporation Date 26 April 2013
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0004353
Recognitions & Rankings of Salasar Balaji Logistic
Contact details
Salasar Balaji Logistic Private Limited's registered office is in Ujjain, Madhya Pradesh. Its website is salasar-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address107 Sudama Nagar Agar Road, Ujjain, Madhya Pradesh, India – 456001
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Salasar Balaji Logistic Private Limited, buy the company report.
Comprehensive company report
Salasar Balaji Logistic 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 Salasar Balaji Logistic 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 Salasar Balaji Logistic Private Limited, buy the company report.
Financials of Salasar Balaji Logistic Private Limited
FY 2023 filings availableSalasar Balaji Logistic Private Limited reported revenue of ₹21.89 Cr (up 13% YoY) for FY 2023.
Revenue · FY 2023
₹21.89 Cr ▲ 13%
Net profit · FY 2023
₹64.47 Lakh margin 2.9%
EBITDA · FY 2023
₹2.7 Cr margin 12.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 72%
5 years · compounded
▲ 67%
EBITDA CAGR growth
3 years · compounded
▲ 23%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 13% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.47 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Salasar Balaji Logistic Private Limited, buy the company report.
Board of directors of Salasar Balaji Logistic Private Limited
Salasar Balaji Logistic has 2 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 |
|---|---|---|---|---|
| Ankit Sharma Also directs: Salasar Autohaus Probiking Private Limited, Salasar Autohaus Private Limited, Salasar Autohaus Indore Private Limited and 3 more | Managing Director | 26 Apr 2013 | 13 Years 6 Months | Current |
| Ankita Sharma Also directs: Salasar Autohaus Private Limited, Salasar Autohaus Indore Private Limited, Salasar Autohaus India Private Limited and 3 more | Managing Director | 26 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Salasar Balaji Logistic Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), 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 |
|---|---|---|---|---|---|---|
| Sri Ragavendra Transports Private Limited | ₹22.78 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| Veekay Cranes & Cabs Private Limited | ₹22.55 Cr (FY 2024) | 93.0% | Delhi, India | |||
| Salasar Balaji Logistic Private Limitedthis company | ₹21.89 Cr (FY 2023) | ₹64.47 Lakh | 2.9% | 13.0% | 32 | Ujjain, Madhya Pradesh, India |
| Krovo Food & Logistics Private Limited | ₹21.84 Cr (FY 2016) | 145.0% | Sangamner, Maharashtra, India | |||
| Sunstar Logistics Private Limited | ₹21.7 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Salasar Balaji Logistic Private Limited, buy the company report.
Auditor
Salasar Balaji Logistic Private Limited is audited by CA Rajeev Kumar Sahal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA Rajeev Kumar Sahal | FY 2023 | 072713 |
Shareholding
The shareholding of Salasar Balaji Logistic 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 Salasar Balaji Logistic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.08 Cr
Satisfied charges
₹6.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2023 | 100842752 | Others | ₹59 Lakh | Open | |
| 21 Oct 2021 | 100499267 | Others | ₹15.54 Lakh | Open | |
| 16 Oct 2021 | 100501645 | Others | ₹17.96 Lakh | Open | |
| 16 Nov 2020 | 100398094 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 19 Aug 2020 | 100387508 | Others | ₹14 Lakh | Open |
To see the full charge records of Salasar Balaji Logistic Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Salasar Balaji Logistic Private Limited has 42 court cases on record: 42 filed against it. 31 cases are pending and 11 are disposed.
Total cases
42
Filed against the company
42
Pending
31
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 42 | 31 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by Kotak Mahindra Bank Ltd Throgh Auth. Officer | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Ms Kotak Mahindra Prime Limited Rep by Its Authorized Signatory Mr Santhoshkumar | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed against the company by Kotak Mahindra Bank Ltd THR. Representative Ashish Patel | Pending |
To see the full case history of Salasar Balaji Logistic 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 Salasar Balaji Logistic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Salasar Balaji Logistic Private Limited has a workforce of 32 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
-33.33%
GST
Salasar Balaji Logistic has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
7
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AATCS1485K2ZS | Madhya Pradesh | Active | 09 Jul 2017 |
| 24AATCS1485K1ZR | Gujarat | Active | 26 Feb 2019 |
| 07AATCS1485K1ZN | Delhi | Active | 14 May 2019 |
| 09AATCS1485K1ZJ | Uttar Pradesh | Active | 11 Jul 2019 |
To see the full GST registrations and return filing status of Salasar Balaji Logistic Private Limited, buy the company report.
Recent activity
Salasar Balaji Logistic Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Ankit Sharma ceased to be Director on 01 Oct 2017.
Charges
A charge registered on 31 Dec 2022 via Charge ID 100675038 with Others was fully satisfied on 28 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.59 Cr with Charge ID 100842752 was registered on 21 Dec 2023.
Charges
A charge with Others of Rs. 4.50 Cr registered on 31 Dec 2022 with Charge ID 100675038 was modified on 29 Nov 2023.
AGM
Salasar Balaji Logistic Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Salasar Balaji Logistic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Charges
A charge registered on 20 Aug 2022 via Charge ID 100622712 with Others was fully satisfied on 17 Mar 2023.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100675038 was registered on 31 Dec 2022.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100622712 was registered on 20 Aug 2022.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100499267 was registered on 21 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100501645 was registered on 16 Oct 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100398094 was registered on 16 Nov 2020.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100387508 was registered on 19 Aug 2020.
13 earlier events are in the company report.
Frequently asked questions
Salasar Balaji Logistic is an active private limited company based in Ujjain, Madhya Pradesh, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 26 April 2013 (13+ years old) and is registered under CIN U63090MP2013PTC030591.
Salasar Balaji Logistic has 2 current directors:
- Ankit Sharma - Managing Director
- Ankita Sharma - Managing Director
The latest financial statements of Salasar Balaji Logistic on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Salasar Balaji Logistic is 23AATCS1485K2ZS, registered in Madhya Pradesh. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 24AATCS1485K1ZR (Gujarat), 07AATCS1485K1ZN (Delhi), 09AATCS1485K1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Salasar Balaji Logistic is U63090MP2013PTC030591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Balaji Logistic has 42 court cases on record: 42 filed against it. 31 are pending.
Salasar Balaji Logistic was incorporated on 26 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Salasar Balaji Logistic by revenue are Sri Ragavendra Transports Private Limited, Veekay Cranes & Cabs Private Limited, Krovo Food & Logistics Private Limited, Sunstar Logistics Private Limited, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services), with the same principal business activity (land transport via road).
Ankit Sharma ceased to be Director on 01 Oct 2017. Ankita Sharma ceased to be Director on 01 Oct 2017. Ankit Sharma was appointed as Managing Director on 26 Apr 2013. Salasar Balaji Logistic has 4 board changes on record in total.
Yes, Salasar Balaji Logistic is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0004353).
Salasar Balaji Logistic can be reached through the website salasar-group.com. Its registered office is in Ujjain, Madhya Pradesh, India.
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