About Satkar Logistics Private Limited
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Satkar Logistics Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 18 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U00739DL2005PTC138779. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Harmandeep Singh Khurana (Whole-Time Director) and Aman Preet Singh Bawa.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 72 2nd Floor Rohit House Vishwakarma Colony Tughlakabad M.B.Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2017, the company reported a revenue of ₹107.34 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹16.97 Cr (net margin -15.8%) and EBITDA of -₹10.53 Cr (EBITDA margin -9.8%).
As per MCA filings, the company has open charges of ₹27.08 Cr and satisfied charges of ₹5.16 Cr on record. Court records list 182 cases involving the company, including 29 filed by the company and 153 filed against it; 23 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹98.5 Lakh; the latest was in June 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website satkarlogistics.com.
Company details
Contact details
Satkar Logistics Private Limited's registered office is in New Delhi, Delhi. Its website is satkarlogistics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 72 2nd Floor Rohit House Vishwakarma Colony Tughlakabad M.B.Road, New Delhi, Delhi, India – 110044
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Satkar 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 Satkar Logistics is transport and storage. In detail, this covers land transport via road, land transport via railways & pipelines and water transport. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | |
| H | Transport and storage | H2 | Land transport via Railways & Pipelines | |
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Satkar Logistics Private Limited, buy the company report.
Financials of Satkar Logistics Private Limited
FY 2017 filings availableSatkar Logistics Private Limited reported revenue of ₹107.34 Cr (down 18% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 319% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹107.34 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10.53 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹16.97 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -9.8% | ||
| Net Profit Margin | -15.8% | ||
| 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 Satkar Logistics Private Limited, buy the company report.
Board of directors of Satkar Logistics Private Limited
Satkar Logistics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harmandeep Singh Khurana | Whole-Time Director | 30 May 2007 | 19 Years 4 Months | Current |
| Aman Preet Singh Bawa | Director | 18 Jul 2005 | 21 Years 3 Months | Current |
Auditor
Satkar Logistics Private Limited is audited by GULATI SANDEEP & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GULATI SANDEEP & CO | FY 2017 | 008694N |
Shareholding
The shareholding of Satkar Logistics Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Satkar Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2016 | 100078214 | Others | ₹40 Lakh | Open | |
| 01 Dec 2016 | 100078215 | Others | ₹40 Lakh | Open | |
| 29 Oct 2015 | 10605941 | Axis Bank Limited | ₹1.86 Cr | Open | |
| 25 Jul 2015 | 10595536 | Reliance Capital Ltd | ₹71.36 Lakh | Open | |
| 05 Dec 2014 | 10550241 | Reliance Capital Ltd | ₹1.05 Cr | Open |
To see the full charge records of Satkar Logistics Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Satkar Logistics Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹98.5 Lakh; the latest was in June 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹59 Lakh | Investors: 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2009 | Funding round | ₹39.5 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Satkar Logistics Private Limited has 182 court cases on record: 29 filed by Satkar Logistics, 153 filed against it. 23 cases are pending and 159 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 165 | 141 | 22 |
| High courts | 9 | 7 | 1 |
| NCLT | 4 | 1 | 0 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 182)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Appeal | Filed against the company by Royal Sundaram General Insurance Company Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Green Freight Pvt Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Hind Terminals Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
To see the full case history of Satkar 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.
Credit ratings & regulatory alerts
Satkar Logistics Private Limited was last rated by Icra on 29 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Oct 2021 |
To see the full credit ratings and regulatory alerts of Satkar Logistics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satkar Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satkar Logistics has 2 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 Satkar Logistics Private Limited, buy the company report.
Recent activity
Satkar Logistics Private Limited has 7 board changes on record since 2005: 2 appointments and 5 cessations. The latest: Karamvir Singh Bawa ceased to be Director on 14 Oct 2017.
20 earlier events are in the company report.
Frequently asked questions
Satkar 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 18 July 2005 (21+ years old) and is registered under CIN U00739DL2005PTC138779.
Satkar Logistics has 2 current directors:
- Harmandeep Singh Khurana - Whole-Time Director
- Aman Preet Singh Bawa - Director
The latest financial statements of Satkar Logistics on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
No. Satkar Logistics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Satkar Logistics is U00739DL2005PTC138779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satkar Logistics has 182 court cases on record: 29 filed by the company and 153 filed against it. 23 are pending. Most are in the district courts.
Satkar Logistics was incorporated on 18 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Satkar Logistics has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹98.5 Lakh; the latest was in June 2016.
Karamvir Singh Bawa ceased to be Director on 14 Oct 2017. Aman Preet Singh Bawa ceased to be Managing Director on 31 Mar 2017. Supreet Bawa ceased to be Director on 01 Aug 2012. Satkar Logistics has 7 board changes on record in total.
Satkar Logistics can be reached through the website satkarlogistics.com. Its registered office is in New Delhi, Delhi, India.