About Sawant Logistic Services Private Limited
Data last updated:
Sawant Logistic Services Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 January 2008.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U60230PN2008PTC131228. Its GSTIN is 27AALCS5485M2ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors including Meera Sujeet Sawant and Anilkumar Kashiprasad Drolia (Irp/Rp/Liquidator).
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 40/A Main Gate Bhajipala Market Yard, Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.46 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹78,400 (net margin -3.8%) and EBITDA of ₹41,700 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The last known website on record is sawantlogistic.com.
Company details
Contact details
Sawant Logistic Services Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is sawantlogistic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address40/A Main Gate Bhajipala Market Yard, Ahmednagar, Maharashtra, India – 414001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Sawant Logistic Services 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 Sawant Logistic Services 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 Sawant Logistic Services Private Limited, buy the company report.
Financials of Sawant Logistic Services Private Limited
FY 2023 filings availableSawant Logistic Services Private Limited reported revenue of ₹20.46 Lakh (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 33% fall in the latest year. EBITDA fell 77% 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 |
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| EBITDA | ₹41,700 | ||||
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| Net Profit (PAT) | -₹78,400 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 2% | ||||
| Net Profit Margin | -3.8% | ||||
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To see the full financial statements and ratios of Sawant Logistic Services Private Limited, buy the company report.
Board of directors of Sawant Logistic Services Private Limited
Sawant Logistic Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meera Sujeet Sawant | Director | 21 Nov 2010 | 15 Years 11 Months | As last reported |
| Anilkumar Kashiprasad Drolia Also directs: Padmika Projects LLP, Virtuoso Ipe Private Limited | Irp/Rp/Liquidator | 12 Jun 2025 | 1 Years 4 Months | As last reported |
| Sujit Pandharinath Sawant Also directs: Sawant Transport Private Limited | Director | 02 Jan 2008 | 18 Years 10 Months | As last reported |
Auditor
Sawant Logistic Services Private Limited is audited by K S S & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S S & COMPANY | FY 2019 | 126322W |
Shareholding
The shareholding of Sawant Logistic Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sawant Logistic Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2012 | 10357614 | Bank of Maharashtra | ₹2 Cr | Open | |
| 02 Dec 2010 | 10256947 | State Bank of India | ₹60 Lakh | Open |
To see the full charge records of Sawant Logistic Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sawant Logistic Services Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Arbitration matter | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Ahmednagar, Maharashtra | Arbitration matter | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Axis Bank Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S.Equitas Small Finance Bank Limited | Disposed |
To see the full case history of Sawant Logistic Services 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 Sawant Logistic Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sawant Logistic Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS5485M2ZG | Maharashtra | Active | 16 Feb 2018 |
To see the full GST registrations and return filing status of Sawant Logistic Services Private Limited, buy the company report.
Recent activity
Sawant Logistic Services Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Anilkumar Kashiprasad Drolia was appointed as Irp/Rp/Liquidator on 12 Jun 2025.
Frequently asked questions
Sawant Logistic Services is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sawant Logistic Services is a company under insolvency, formerly operating as a private limited company based in Ahmednagar, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 January 2008 and is registered under CIN U60230PN2008PTC131228. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sawant Logistic Services has 3 current directors:
- Meera Sujeet Sawant - Director
- Sujit Pandharinath Sawant - Director
- Anilkumar Kashiprasad Drolia - Irp/Rp/Liquidator
The latest financial statements of Sawant Logistic Services 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 CIN (Corporate Identification Number) of Sawant Logistic Services is U60230PN2008PTC131228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sawant Logistic Services has open charges of ₹2.6 Cr and no satisfied charges on record as per latest MCA filings.
Sawant Logistic Services has 6 court cases on record: 6 filed against it. 2 are pending.
Sawant Logistic Services was incorporated on 02 January 2008. It is registered with the Registrar of Companies, Pune.
Anilkumar Kashiprasad Drolia was appointed as Irp/Rp/Liquidator on 12 Jun 2025. Abhijit Pandharinath Sawant ceased to be Director on 21 Nov 2010. Meera Sujeet Sawant was appointed as Director on 21 Nov 2010. Sawant Logistic Services has 4 board changes on record in total.
Sawant Logistic Services can be reached through the website sawantlogistic.com. Its registered office is in Ahmednagar, Maharashtra, India.
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