MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0055914
Shekar Logistics Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹64.68 Cr
▲ 7% YoY
Net profit · FY 2025
₹3.3 Cr
Net margin 5.1%
EBITDA · FY 2025
₹12.41 Cr
EBITDA margin 19.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹36.2 Cr
Satisfied ₹109.83 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
166
Provident fund records
About Shekar Logistics Private Limited
Data last updated:
Shekar Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 04 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U42900KA2001PTC028861. Its GSTIN is 29AAFCS4865D1Z4 (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Chandrashekar Viswanath (Managing Director) and Gayathri Chandrashekar (Whole-Time 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 No.529 7th Cross 4th Block Koramangala Near Bda Complex, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.68 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 5.1%) and EBITDA of ₹12.41 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 166 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shekar Logistics. As per MCA filings, the company has open charges of ₹36.2 Cr and satisfied charges of ₹109.83 Cr on record. Court records list 83 cases involving the company, including 83 filed against it; 14 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹4.99 Cr; the latest was in March 2014. Its 4 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road) are compared by revenue, 2 larger and 2 smaller; the largest is Expo Trans India Limited with revenue of ₹65.42 Cr.
Shekar Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0055914). 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 shekargroup.net.
Company details
CIN U42900KA2001PTC028861
Registration Number 028861
Incorporation Date 04 April 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0055914
CIN history
Shekar Logistics has one previous CIN (Corporate Identification Number): U63023KA2001PTC028861. The current CIN is U42900KA2001PTC028861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U42900KA2001PTC028861 | Current |
| U63023KA2001PTC028861 | Previous |
Key People
Chandrashekar Viswanath Managing Director Gayathri Chandrashekar Whole-Time Director Pranav Chandrashekar Director Recognitions & Rankings of Shekar Logistics
Contact details
Shekar Logistics Private Limited's registered office is in Bangalore, Karnataka. Its website is shekargroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.529 7th Cross 4th Block Koramangala Near Bda Complex, Bangalore, Karnataka, India – 560034
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Shekar Logistics Private Limited, buy the company report.
Comprehensive company report
Shekar Logistics 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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Brands
Shekar Logistics operates one associated brand: Shekar Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel logistics, transportation, and supply chain services in South India. | shekargroup.net |
Business activity
The main business activity of Shekar Logistics 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 Shekar Logistics Private Limited, buy the company report.
Financials of Shekar Logistics Private Limited
FY 2024 filings availableShekar Logistics Private Limited reported revenue of ₹64.68 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹64.68 Cr ▲ 7%
Net profit · FY 2025
₹3.3 Cr margin 5.1%
EBITDA · FY 2025
₹12.41 Cr margin 19.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 7% growth in the latest year. EBITDA rose 33% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 19.2% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Shekar Logistics Private Limited, buy the company report.
Board of directors of Shekar Logistics Private Limited
Shekar Logistics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekar Viswanath Also directs: Shekar Logistics Handling LLP, Shekar Logistics Solutions LLP, Prakruti Motors LLP and 4 more | Managing Director | 04 Apr 2001 | 25 Years 7 Months | Current |
| Gayathri Chandrashekar Also directs: Shekar Logistics Handling LLP, Shekar Logistics Solutions LLP, Prakruti Motors LLP and 4 more | Whole-Time Director | 04 Apr 2001 | 25 Years 7 Months | Current |
| Pranav Chandrashekar | Director | 28 Feb 2025 | 1 Years 8 Months | Current |
| Prakruti Chandrashekar | Director | 28 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Shekar Logistics Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| Expo Trans India Limited | ₹65.42 Cr (FY 2025) | 49.0% | Gorakhpur, Uttar Pradesh, India | |||
| Mehrab Motors Private Limited | ₹65.18 Cr (FY 2025) | 14.0% | Jaipur, Rajasthan, India | |||
| Shekar Logistics Private Limitedthis company | ₹64.68 Cr (FY 2025) | ₹3.3 Cr | 5.1% | 7.0% | 166 | Bangalore, Karnataka, India |
| Essel Transport Pvt Ltd | ₹64.42 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Abhyansh Shipping Services (India) Private Limited | ₹64.37 Cr (FY 2025) | 1.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Shekar Logistics Private Limited, buy the company report.
Auditor
Shekar Logistics Private Limited is audited by B Santharam & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B Santharam & Co | FY 2023 | 015721S |
Shareholding
The shareholding of Shekar Logistics 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 Shekar Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.2 Cr
Satisfied charges
₹109.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2025 | 101168236 | Hdb Financial Services Limited | ₹86.6 Lakh | Open | |
| 26 Aug 2025 | 101153932 | Others | ₹1.26 Cr | Open | |
| 18 Feb 2025 | 101070293 | State Bank of India | ₹4.18 Cr | Open | |
| 30 Jan 2025 | 101057733 | Others | ₹2.44 Cr | Open | |
| 06 Sep 2024 | 100983058 | Others | ₹15 Cr | Open |
To see the full charge records of Shekar Logistics Private Limited, buy the company report.
Total charge records: 64 View all charges
Deals & funding
Shekar Logistics Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹4.99 Cr; the latest was in March 2014.
Total deals
3
Funding rounds
3
Disclosed funding
₹4.99 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹1.08 Cr | Investors: 2 individuals |
| Nov 2008 | Funding round | ₹1.5 Cr | Investors: 2 individuals |
| Feb 2007 | Funding round | ₹2.41 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shekar Logistics Private Limited has 83 court cases on record: 83 filed against it. 14 cases are pending and 69 are disposed.
Total cases
83
Filed against the company
83
Pending
14
Disposed
69
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 77 | 77 | 10 |
| High courts | 6 | 6 | 4 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Indostar Capital Finance Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Hinduja Leyland Finance Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Hinduja Leyland Finance Ltd. | Disposed |
To see the full case history of Shekar 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
Shekar Logistics Private Limited was last rated by Icra on 24 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 Feb 2022 |
To see the full credit ratings and regulatory alerts of Shekar Logistics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shekar Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shekar Logistics Private Limited has a workforce of 166 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
166
Active EPFO establishments
1
Employee growth
16.08%
GST
Shekar Logistics has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS4865D1Z4 | Karnataka | Active | 01 Jul 2017 |
| 33AAFCS4865D1ZF | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAFCS4865D1Z9 | Telangana | Active | 01 Jul 2017 |
| 37AAFCS4865D1Z7 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shekar Logistics Private Limited, buy the company report.
Recent activity
Shekar Logistics Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Prakruti Chandrashekar was appointed as Director on 28 Feb 2025.
Charges
A charge registered on 30 Sep 2007 via Charge ID 10078812 with Centurion Bank Of Punjab Limited was fully satisfied on 15 Sep 2025.
Charges
A charge with Hdb Financial Services Limited amounted to Rs. 0.87 Cr with Charge ID 101168236 was registered on 31 Aug 2025.
Charges
A charge with Others amounted to Rs. 1.26 Cr with Charge ID 101153932 was registered on 26 Aug 2025.
Appointed
Prakruti Chandrashekar was appointed as Director.
Appointed
Pranav Chandrashekar was appointed as Director.
Charges
A charge registered on 30 Sep 2021 via Charge ID 100508468 with Others was fully satisfied on 24 Feb 2025.
Charges
A charge registered on 31 Mar 2017 via Charge ID 100163852 with Others was fully satisfied on 24 Feb 2025.
Charges
A charge with State Bank Of India amounted to Rs. 4.18 Cr with Charge ID 101070293 was registered on 18 Feb 2025.
Charges
A charge with Others amounted to Rs. 2.44 Cr with Charge ID 101057733 was registered on 30 Jan 2025.
Charges
A charge registered on 03 Feb 2007 via Charge ID 10041050 with State Bank Of India was fully satisfied on 15 Oct 2024.
Charges
A charge registered on 06 Apr 2023 via Charge ID 100722696 with State Bank Of India was fully satisfied on 14 Oct 2024.
AGM
Shekar Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
115 earlier events are in the company report.
Frequently asked questions
Shekar Logistics is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 04 April 2001 (25+ years old) and is registered under CIN U42900KA2001PTC028861.
Shekar Logistics has 4 current directors:
- Chandrashekar Viswanath - Managing Director
- Gayathri Chandrashekar - Whole-Time Director
- Pranav Chandrashekar - Director
- Prakruti Chandrashekar - Director
The latest financial statements of Shekar Logistics 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 Shekar Logistics is 29AAFCS4865D1Z4, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AAFCS4865D1ZF (Tamil Nadu), 36AAFCS4865D1Z9 (Telangana), 37AAFCS4865D1Z7 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Shekar Logistics is U42900KA2001PTC028861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shekar Logistics has 83 court cases on record: 83 filed against it. 14 are pending. Most are in the district courts.
Shekar Logistics was incorporated on 04 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Shekar Logistics has 3 deals on record (3 funding rounds), with disclosed funding of ₹4.99 Cr; the latest was in March 2014.
The peers of Shekar Logistics by revenue are Expo Trans India Limited, Mehrab Motors Private Limited, Essel Transport Pvt Ltd, Abhyansh Shipping Services (India) Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Prakruti Chandrashekar was appointed as Director on 28 Feb 2025. Pranav Chandrashekar was appointed as Director on 28 Feb 2025. Chandrashekar Viswanath ceased to be Director on 23 Sep 2020. Shekar Logistics has 7 board changes on record in total.
Yes, Shekar Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0055914).
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