Spear Logistics Private Limited

Spear Logistics Private Limited - transport and logistics in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN U60231PN2003PTC017826 Incorporated 27 March 2003 ROC Pune HQ Pune, Maharashtra, India
Merged Private Limited Company transport and logistics
Data last updated
Revenue · FY 2017
₹124.55 Cr
▼ 8.00% YoY
EBITDA · FY 2017
Locked
In full report
Net profit · FY 2017
Locked
In full report
Authorised capital
₹2.79 Cr
Registered with MCA
Paid-up capital
₹1.48 Cr
Issued & subscribed
Open charges
None
Satisfied ₹27.1 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
2,406
Latest available

About Spear Logistics Private Limited

Data last updated: 26 July 2025

Spear Logistics Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Fm India Supply Chain Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in cold storage and warehousing services, a part of the broader transport and logistics sector. Incorporated on 27 March 2003.

Registered with ROC Pune under CIN U60231PN2003PTC017826.

Capital: an authorised share capital of ₹2.79 Cr and a paid-up capital of ₹1.48 Cr. It was led by directors including Uday Balwant Palsule and Jean Christophe Machet.

Last AGM: 13 July 2017. Financial statements filed for year ended 31 March 2017. Office: 7Th Floor A. G. Technology Park Server Space Off Iti Road Aundh, Pune, Maharashtra, India – 411007.

As per the financials filed for FY 2017, the company reported a revenue of ₹124.55 Cr, a decline of 8% compared to the previous year.

The company had a reported workforce of approximately 2,406 employees prior to being dissolved. It operated as a subsidiary of Fm India Supply Chain Private Limited. Its group structure included 2 subsidiaries.

The company was associated with 1 brand - Spear Logistics. As per MCA filings, the company had satisfied charges of ₹27.1 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is spearlog.com.

Company Details of Spear Logistics Private Limited
CIN U60231PN2003PTC017826
Registration Number 017826
Incorporation Date 27 March 2003
ROC Pune
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 13 July 2017
Date of Balance Sheet 31 March 2017
Parent Company Fm India Supply Chain Private Limited
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    7Th Floor A. G. Technology Park Server Space Off Iti Road Aundh, Pune, Maharashtra, India – 411007
  • Industry
    Transport and Logistics, Cold Storage & Warehousing Services, Integrated & Diversified Logistics Services, Carriers Services
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Financials, compliance, directors, charges, ownership and filings for Spear Logistics Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Spear Logistics Private Limited

Spear Logistics Private Limited operates one associated brand: Spear Logistics. These brands represent Spear Logistics Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provider of contract logistics and road freight forwarding services spearlog.com

Competitors & Alternatives of Spear Logistics Private Limited

Brands and companies operating in the same space as Spear Logistics Private Limited include Pristine Logistics & InfraProjects, DACHSER, Inlogistics and 2 more.

Competitor Description Location Founded
Pristine Logistics & InfraProjects Pristine Logistics & InfraProjects Road transportation and freight forwarding services are provided. Delhi, India, India 2009
DACHSER DACHSER Road transportation services are provided by DACHSER across multiple regions. Kempten, Germany, Germany 1930
Inlogistics Inlogistics Full truckload transportation services are provided across India. Delhi, India, India 2006
Frontline Corporation Frontline Corporation Provider of integrated logistics and trucking services Ahmedabad, India, India 1989
IVC Logistics IVC Logistics Road freight forwarding and vehicle carrier services are provided. Mumbai, India, India 1984

Business Activity of Spear Logistics Private Limited

Spear Logistics Private Limited is engaged in principal business activities including transport and storage and financial and insurance service, with detailed activities including warehousing and storage, services incidental to land, water & air transportation, financial and credit leasing activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
H Transport and storage H6 Warehousing and storage Locked
H Transport and storage H5 Services incidental to land, water & air transportation Locked
K Financial and insurance Service K5 Financial and Credit leasing activities Locked
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Auditor Details of Spear Logistics Private Limited

Spear Logistics Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
DELOITTE HASKINS & SELLS LLP Locked Locked Locked
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Board of Directors of Spear Logistics Private Limited

Spear Logistics Private Limited is currently managed by 5 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Uday Balwant Palsule Person Incharge 28 Dec 2008 17 Years 6 Months As last reported
Jean Christophe Machet Director 17 Mar 2016 10 Years 4 Months As last reported
Stephane Descarpentries Director 17 Mar 2016 10 Years 4 Months As last reported
Ramesh Kalpathy Vaidyanathan Director 21 Mar 2017 9 Years 4 Months As last reported
Gautam Chander Dembla Managing Director 27 Mar 2003 23 Years 3 Months As last reported

Financials of Spear Logistics Private Limited FY 2017 filings available

Spear Logistics Private Limited reported revenue of ₹124.55 Cr (down 8.00% YoY) for FY 2017.

Revenue · FY 2017
₹124.55 Cr ▼ 8.00%
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Ten-year financial statements for Spear Logistics Private Limited

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Ownership and Shareholding of Spear Logistics Private Limited

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Group Structure of Spear Logistics Private Limited

Spear Logistics Private Limited has 2 subsidiary companies. This group structure data is as of FY 2017. The corporate group structure reflects Spear Logistics Private Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Shree Sai Transport (Sst India) Private Limited U60231PN2014PTC151986 Locked
Shree Sai Transport (Sst India) Private Limited U60231PN2014PTC151986 Locked

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Spear Logistics Private Limited

Open charges
₹0
Satisfied charges
₹27.1 Cr
Breakdown by lending institutions
Tata Capital Financial Services Limited₹9.50 Cr
The Hongkong and Shanghai Banking Corporation₹5.00 Cr
Srei Equipment Finance Private Limited₹4.06 Cr
Siemens Financial Services Private Limited₹2.32 Cr
Others₹2.00 Cr
Others₹4.23 Cr
Latest charge details
DateLenderAmountStatus
19 Sep 2015 Tata Capital Financial Services Limited ₹9.5 Cr Satisfied
06 May 2015 Siemens Financial Services Private Limited ₹1.39 Cr Satisfied
20 Dec 2013 Others ₹2 Cr Satisfied
15 Jul 2013 Srei Equipment Finance Private Limited ₹36.14 Lakh Satisfied
29 Jun 2013 Siemens Financial Services Private Limited ₹60 Lakh Satisfied

Total charge records: 20 View all charges

Employees and EPFO Compliance at Spear Logistics Private Limited

Spear Logistics Private Limited has a workforce of 2,406 employees as of Apr 07, 2024.

Employee count
2,406
Active EPFO establishments
1
Employee growth
2.08%
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Employee and EPFO history for Spear Logistics Private Limited

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GST Compliance of Spear Logistics Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Spear Logistics Private Limited

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MSME Payment Delays by Spear Logistics Private Limited

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MSME payment history for Spear Logistics Private Limited

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Subsidiaries & Group Companies of Spear Logistics Private Limited

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Corporate group structure for Spear Logistics Private Limited

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MCA Filings & Documents of Spear Logistics Private Limited

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MCA filings and documents for Spear Logistics Private Limited

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Recent Activity on Spear Logistics Private Limited

Activity
13 Jul 2017
Spear Logistics Private Limited last Annual general meeting of members was held on 13 Jul 2017 as per latest MCA records.
Charges
02 Jun 2017
A charge registered on 20 Dec 2013 via Charge ID 10473758 with Others was fully satisfied on 02 Jun 2017.
Charges
16 May 2017
A charge registered on 06 May 2015 via Charge ID 10569047 with Siemens Financial Services Private Limited was fully satisfied on 16 May 2017.
Charges
16 May 2017
A charge registered on 29 Jun 2013 via Charge ID 10435347 with Siemens Financial Services Private Limited was fully satisfied on 16 May 2017.
Charges
20 Apr 2017
A charge registered on 19 Sep 2015 via Charge ID 10594750 with Tata Capital Financial Services Limited was fully satisfied on 20 Apr 2017.
Activity
31 Mar 2017
Spear Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Pune.

Frequently Asked Questions about Spear Logistics Private Limited

Spear Logistics Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Spear Logistics Private Limited is a amalgamated private limited company in the transport and logistics sector based in Pune, Maharashtra, India. It was incorporated on 27 March 2003 and is registered under CIN U60231PN2003PTC017826. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Spear Logistics Private Limited was incorporated on 27 March 2003. Registered with ROC Pune.

The current directors of Spear Logistics Private Limited are:

The CIN (Corporate Identification Number) of Spear Logistics Private Limited is U60231PN2003PTC017826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Spear Logistics Private Limited is transport and logistics. The company specifically operates in cold storage and warehousing services.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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