Sits Express Private Limited - Company Profile

It is a transport and logistics private limited company based in Thane, Maharashtra, India, established in 1997.
1997 Thane, Maharashtra, India Active
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About Sits Express Private Limited

Sits Express Private Limited, a active private limited company, was established on 05 September 1997 in Thane, Maharashtra, India. Engaging in carriers services within the transport and storage sector, it holds CIN: U60210MH1997PTC110498. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.40 M and a paid-up capital of ₹0.65 M.

It upholds a compliant status. Employing 13 professional, Its leadership includes Uday Prakash Shanbhag (Director), Jyoti Shanbhag Prakash (Director), Deepa Prakash Shanbhag (Director). Past directors included Prakash Narayan Shanbhag, Deepa Prakash Shanbhag, Prachi Uday Shanbhag. It holds ₹2.82 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No 1003, Solus, Hiranandani Estate, Thane, Maharashtra, 400607.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U60210MH1997PTC110498

  • Registration Number

    110498

  • Incorporation Date

    05 September 1997

  • Authorized Capital

    ₹2.40 M

  • Paid-Up Capital

    ₹0.65 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 0.65 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.82 Cr
  • Revenue Growth **** 22.03%
  • Profit Growth **** -47.27%
  • Ebitda **** -36.34%
  • Net Worth -19.01%
  • Total Assets **** 15.41%
Company report

Sits Express Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sits Express 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 Sits Express Private Limited?
Current Directors
Name Designation Appointment Date Status
Uday Prakash Shanbhag Director 05 Sep 1997 Current
Jyoti Shanbhag Prakash Director 05 Sep 1997 Current
Deepa Prakash Shanbhag Director 01 Oct 2020 Current
Prachi Uday Shanbhag Director 01 Oct 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Mar 2020 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past

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Financial Performance of Sits Express.

Sits Express Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 22.03% increase. The company also saw a substantial fall in profitability, with a 47.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.01%.

Sits Express revenue growth over time
Sits Express profit and loss trends over time
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
  • 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
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 22.03%
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*******
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Revenue from Operations
*******
 23.53%
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*******
*******
Total Assets
*******
 15.41%
*******
*******
*******
*******
Profit or Loss
*******
 -47.27%
*******
*******
*******
*******
Net Worth
*******
 -19.01%
*******
*******
*******
*******
EBITDA
*******
 -36.34%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sits Express?

In 2021, Sits Express had a promoter holding of 96.93% and a public holding of 3.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹28,180,600.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 1.03 Cr
  • Hdfc Bank Limited : 0.90 Cr
  • Others : 0.49 Cr
  • Sundaram Fianance Limited : 0.36 Cr
  • Ge Capital Transportation Financial Services : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
08 Mar 2021 Hdfc Bank Limited ₹8.96 M Open
03 Dec 2019 Axis Bank Limited ₹2.09 M Open
31 Aug 2019 Axis Bank Limited ₹5.28 M Open
11 Jan 2018 Others ₹1.20 M Open
27 Feb 2017 Others ₹3.72 M Open

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How Many Employees Work at Sits Express?

Sits Express has a workforce of 13 employees as of Apr 05, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sits Express, 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 Sits Express's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Sits Express
Recent Activity within the Organization
  • Annual General Meeting

    Sits Express Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Sits Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 8.96 M with Charge ID 100429616 was registered on 08 Mar 2021. was documented.

  • Director Appointment

    Deepa Prakash Shanbhag was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 5 years 5 months . was recorded as a recent event.

  • Director Appointment

    Progress on Prachi Uday Shanbhag was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.09 M with Charge ID 100310946 was registered on 03 Dec 2019. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sits Express Private Limited?

The CIN of Sits Express Private Limited is U60210MH1997PTC110498.

Where is Sits Express Private Limited headquartered?

Sits Express Private Limited is headquartered at Unit No 1003, Solus, Hiranandani Estate, Thane, Maharashtra, 400607.

When was Sits Express Private Limited incorporated?

Sits Express Private Limited was incorporated on 05 September 1997.

Who are the current directors of Sits Express Private Limited?

The current directors of Sits Express Private Limited are

What is the primary industry of Sits Express Private Limited?

The primary industry of Sits Express Private Limited is Transport And Storage.

Is Sits Express Private Limited a listed company?

Sits Express Private Limited is unlisted.

What is the capital structure of Sits Express Private Limited?

The authorized capital of Sits Express Private Limited is ₹2.40 M, and the paid-up capital is ₹0.65 M.

What is the compliance status of Sits Express Private Limited?

The compliance status of Sits Express Private Limited is Compliant.

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