Sitics Logistic Solutions Private Limited - Company Profile

It is a transport and logistics private limited company based in Palakkad, Kerala, India, established in 2007.

2007 Palakkad, Kerala, India Active

Last Updated: January 11, 2026

About Sitics Logistic Solutions Private Limited

Sitics Logistic Solutions Private Limited, a active private limited company, was established on 07 December 2007 in Palakkad, Kerala, India. Engaging in integrated & diversified logistics services within the transport and storage sector, it holds CIN: U74910KL2007PTC021514. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.35 Cr and a paid-up capital of ₹1.02 Cr.

It upholds a compliant status. Employing 3,929 professional, Its leadership includes Chandrasekaran Praneshkumar (Director), Haridas Thekkiveettil (Director), Sikander Mammi Ambattuvalappil (Managing Director). Past directors included Sikander Mammi Ambattuvalappil. It holds ₹67.43 Cr open charges and ₹31.60 Cr settled loans. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at 18/802, English Church Road City Post Office, Palakkad District, Palakkad, Kerala, 678014.

Company Details

CIN/LLPIN
U74910KL2007PTC021514
Registration Number
021514
Incorporation Date
07 December 2007
Authorized Capital
₹1.35 Cr
Paid-Up Capital
₹1.02 Cr
ROC Code
Roc Ernakulam
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.35 Cr as on 11-01-2026
Paid Up Capital ₹ 1.02 Cr as on 11-01-2026
Company Age 18 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 67.43 Cr as on 11-01-2026
Satisfied Charges ₹ 31.60 Cr as on 11-01-2026
Revenue Growth **** 29.34% (FY 2022)
Profit Growth **** -221.99% (FY 2022)
Ebitda **** -12.83% (FY 2022)
Net Worth 17.12% (FY 2022)
Total Assets **** 58.75% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Sitics Logistic Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sitics Logistic Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chandrasekaran Praneshkumar	Director	24 Jun 2020	Current
Haridas Thekkiveettil	Director	07 Dec 2007	Current
Sikander Mammi Ambattuvalappil	Managing Director	07 Dec 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	10 May 2010	Past

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Financial Performance of Sitics Logistic Solutions.

Sitics Logistic Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.34% increase. The company also saw a substantial fall in profitability, with a 221.99% decrease in profit. The company's net worth Soared by an impressive increase of 17.12%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

29.34%

*******

Revenue from Operations

*******

29.05%

*******

Total Assets

*******

58.75%

*******

Profit or Loss

*******

-221.99%

*******

Net Worth

*******

17.12%

*******

EBITDA

*******

-12.83%

*******

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What is the Ownership and Shareholding Structure of Sitics Logistic Solutions?

In 2022, Sitics Logistic Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹674,318,110.00

Satisfied Charges

₹316,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 48.57 Cr
Others : 13.85 Cr
Hdfc Bank Limited : 5.02 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Mar 2025	Hdfc Bank Limited	₹4.91 M	Open
03 May 2024	Others	₹5.00 Cr	Open
30 Apr 2024	Hdfc Bank Limited	₹1.14 Cr	Open
22 Dec 2023	Others	₹6.00 Cr	Open
15 Nov 2022	Others	₹2.65 Cr	Open

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How Many Employees Work at Sitics Logistic Solutions?

Sitics Logistic Solutions has a workforce of 3929 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sitics Logistic Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sitics Logistic Solutions's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sitics Logistic Solutions

Recent Activity within the Organization

Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.49 Cr with Charge ID 101087379 was registered on 31 Mar 2025. was documented.
31 Mar 2025
Charges

A charge registered on 28 Feb 2022 via Charge ID 100557903 with Others was fully satisfied on 12 Mar 2025. was recorded as a recent event.
12 Mar 2025
Charges

Progress on A charge registered on 28 Feb 2022 via Charge ID 100557907 with Others was fully satisfied on 12 Mar 2025. was documented.
12 Mar 2025
Annual General Meeting

The activity Sitics Logistic Solutions Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records. was completed.
30 Dec 2024
Charges

The activity A charge registered on 30 Jan 2021 via Charge ID 100417093 with Standard Chartered Bank was fully satisfied on 26 Sep 2024. was completed.
26 Sep 2024
Charges

Progress on A charge registered on 28 Jan 2021 via Charge ID 100417088 with Standard Chartered Bank was fully satisfied on 26 Sep 2024. was documented.
26 Sep 2024

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