Spicexpress And Logistics Profile
Key Indicators
- Authorised Capital ₹ 2,600.00 Cr
- Paid Up Capital ₹ 5.01 Cr
- Company Age 5 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,676.56 Cr
- Revenue Growth %
- Profit Growth 18.53%
- Ebitda 46.42%
- Net Worth -99.05%
- Total Assets 201.03%
About Spicexpress And Logistics
Spicexpress And Logistics Private Limited (SALPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 December 2019 (Five years and five months 16 days old ). Its registered office is in Delhi, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2,600.00 Cr and a paid-up capital of Rs 5.01 Cr.
The company currently has active open charges totaling ₹1,676.56 Cr.
Ajay Singh, Shiwani Singh, Easwaran Sundaram, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63030DL2019PTC359462
- Company No.
359462
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Transport and Logistics
Spicexpress And Logistics Private Limited
Explore comprehensive data for Spicexpress And Logistics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Spicexpress And Logistics?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Singh  | Director | 30-Dec-2019 | Current |
| Shiwani Singh | Director | 30-Dec-2019 | Current |
Easwaran Sundaram  | Director | 13-Aug-2021 | Current |
| Kamal Hingorani | Director | Current |
Financial Performance of Spicexpress And Logistics.
Spicexpress And Logistics Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 18.53% increase in profit. The company's net worth observed a substantial decline by a decrease of 99.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Spicexpress And Logistics?
In 2023, Spicexpress And Logistics had a promoter holding of 98.00% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Ajay Singh is a mutual person
- Spice Ground Handling Services Private Limited
Ajay Singh and Shiwani Singh are mutual person
- Spicejet Technic Private Limited
Ajay Singh and Shiwani Singh are mutual person
- Spice Club Private Limited
Ajay Singh and Shiwani Singh are mutual person
Charges (Loans)
Open Charges
₹1,676.56 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 1463.90 Cr
- Indian Bank : 212.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2023 | Yes Bank Limited | ₹585.40 Cr | Open |
| 27 Mar 2023 | Indian Bank | ₹212.66 Cr | Open |
| 11 Feb 2023 | Yes Bank Limited | ₹127.52 Cr | Open |
| 11 Feb 2023 | Yes Bank Limited | ₹150.98 Cr | Open |
| 11 Feb 2023 | Yes Bank Limited | ₹600.00 Cr | Open |
How Many Employees Work at Spicexpress And Logistics?
Unlock and access historical data on people associated with Spicexpress And Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Spicexpress And Logistics, 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 Spicexpress And Logistics'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.
Latest Updates, News, and FAQs on Spicexpress And Logistics
Recent activity within the organization
- Annual General Meeting
Spicexpress And Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Spicexpress And Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Yes Bank Limited amounted to Rs. 585.40 Cr with Charge ID 100696259 was registered on 04 Apr 2023.
- Charges
A charge with Indian Bank amounted to Rs. 212.66 Cr with Charge ID 100701612 was registered on 27 Mar 2023.
- Charges
A charge with Yes Bank Limited amounted to Rs. 127.52 Cr with Charge ID 100675751 was registered on 11 Feb 2023.
- Charges
A charge with Yes Bank Limited amounted to Rs. 150.98 Cr with Charge ID 100675760 was registered on 11 Feb 2023.
Recent News, Updates & Announcement
- SpiceXpress Receives $100 Million Investment from SRAM & MRAM Group, Valuation Soars to $1.5 Billion.
When SpiceJet separated its cargo and logistics division, SpiceXpress, into a separate entity, they were able to raise funds independently. Now, SRAM & MRAM Group is investing $100 million in SpiceXpress, showing confidence in its potential for growth in India's cargo and logistics market. This investment, along with a previous stake picked up by aircraft lessor Carlyle Aviation Partner, is expected to bring the company's valuation to $1.5 billion. SRAM & MRAM Group has interests in various industries and believes in SpiceXpress's potential for success..
- SpiceJet's Cargo Division, SpiceXpress, Becomes Independent Entity to Boost Business and Financial Standing Amidst Covid-19.
SpiceJet has separated its cargo and logistics division, SpiceXpress, into a separate entity to raise funds and improve its cargo business. This will also strengthen the company's balance sheet and reduce its negative net worth. The separation will allow SpiceXpress to raise capital independently and complement SpiceJet's long-term business plan. The move will also help the company recover from the impact of Covid-19..
Frequently asked questions
What is the Incorporation or founding date of Spicexpress And Logistics Private Limited?
Spicexpress And Logistics Private Limited was incorporated on 30 Dec 2019.
What is authorized share capital and paid-up capital of Spicexpress And Logistics Private Limited?
The authorized share capital of Spicexpress And Logistics Private Limited is ₹ 2,600.00 Cr and paid-up capital is ₹ 5.01 Cr.
Who are the current board members & directors of Spicexpress And Logistics Private Limited?
Currently 4 directors are associated with Spicexpress And Logistics Private Limited.
- Ajay Singh
- Shiwani Singh
- Easwaran Sundaram
- Kamal Kartar Hingorani
What is the registered address of Spicexpress And Logistics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spicexpress And Logistics Private Limited is 318 3Rd Floor H-6 Aggarwal Tower Netaji Subhash Place Pitampura, India, New Delhi, 110034.
What is the corporate identification number (CIN) and company number of Spicexpress And Logistics Private Limited?
The corporate identification number (CIN) of Spicexpress And Logistics Private Limited is U63030DL2019PTC359462 and the company number is 359462 as per Ministry of Corporate Affairs (MCA).
What is the official website of Spicexpress And Logistics Private Limited?
The Official website of Spicexpress And Logistics Private Limited is https://www.spicexpress.com
What change has been observed in the net worth of Spicexpress And Logistics Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Spicexpress And Logistics Private Limited has experienced an downturn of -99.05%.
What are the total open charges for Spicexpress And Logistics Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Spicexpress And Logistics Private Limited amount to ₹ 1,676.56 Cr.
When was the last Balance Sheet of Spicexpress And Logistics Private Limited filed with the ROC?
The most recent Balance Sheet for Spicexpress And Logistics Private Limited was filed with the ROC on 31 Mar 2024.
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