About Shift Supply Chain Solutions Private Limited
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Shift Supply Chain Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the carriers services segment of the transport and logistics sector. It was incorporated on 14 June 2017.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U60230TG2017PTC117752. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Shipcity Supply Chain Solutions Private Limited. It was led by directors Jagan Mohan Reddy Gillella and Krishna Kishore Reddy Palla.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at C – 16/1 Ida Uppal, Hyderabad, Telangana, India – 500039.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.04 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹3.87 Lakh (net margin -190%) and EBITDA of -₹4.26 Lakh (EBITDA margin -208.9%).
The company was associated with 1 brand: Shift Solutions.
The last known website on record is shift.in.
Company details
Contact details
Shift Supply Chain Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is shift.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 16/1 Ida Uppal, Hyderabad, Telangana, India – 500039
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Shift Supply Chain Solutions 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
Brands
Shift Supply Chain Solutions operates one associated brand: Shift Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A web-based platform for e-commerce fulfillment solutions is provided. | shift.in |
Financials of Shift Supply Chain Solutions Private Limited
FY 2022 filings availableShift Supply Chain Solutions Private Limited reported revenue of ₹2.04 Lakh (down 89% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.04 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.87 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -208.9% | ||
| Net Profit Margin | -190% | ||
| 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 Shift Supply Chain Solutions Private Limited, buy the company report.
Board of directors of Shift Supply Chain Solutions Private Limited
Shift Supply Chain Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagan Mohan Reddy Gillella Also directs: Shift CFS Private Limited, Readers Stores India Private Limited | Director | 14 Jun 2017 | 9 Years 4 Months | As last reported |
| Krishna Kishore Reddy Palla | Director | 14 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Shift Supply Chain Solutions Private Limited is audited by BAJARANGLAL JHAWAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAJARANGLAL JHAWAR & CO | FY 2018 | 000317S |
Shareholding
The shareholding of Shift Supply Chain Solutions Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shift Supply Chain Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shift Supply Chain Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shift Supply Chain Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shift Supply Chain Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shift Supply Chain Solutions Private Limited, buy the company report.
Recent activity
Shift Supply Chain Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Gopi Chandran ceased to be Additional Director on 31 Dec 2018.
Frequently asked questions
Shift Supply Chain Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shift Supply Chain Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in carriers services, within the transport and logistics industry. It was incorporated on 14 June 2017 and is registered under CIN U60230TG2017PTC117752. The company has been struck off by the Registrar of Companies and is no longer operational.
Shift Supply Chain Solutions had 2 directors:
- Jagan Mohan Reddy Gillella - Director
- Krishna Kishore Reddy Palla - Director
The CIN (Corporate Identification Number) of Shift Supply Chain Solutions is U60230TG2017PTC117752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shift Supply Chain Solutions is at C – 161 Ida Uppal, Hyderabad, Telangana, India – 500039.
Shift Supply Chain Solutions was incorporated on 14 June 2017. It is registered with the Registrar of Companies, Hyderabad.
Shift Supply Chain Solutions can be reached through the website shift.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Shift Supply Chain Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Shift Supply Chain Solutions has 1 GST registration on record and it is cancelled or inactive.
Shift Supply Chain Solutions operated in the transport and logistics industry, in the carriers services segment. It worked in this industry before it was struck off.