About Swifto Services Private Limited
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Swifto Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of 91Streets Media Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 August 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U60200MH2016PTC284337. Its GSTIN is 27AAXCS5407P2ZC (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Yallappa Hanumantha Poojary and Tayappa Dhangar Doddappa.
Its last annual general meeting (AGM) was held on 30 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 477/5 5 Juhu Lane Gilbert Hill Road Dhangar Wadi Near Kiraling Mandir Andheri West, Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.14 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹53.74 Lakh (net margin -2.4%) and EBITDA of -₹41.7 Lakh (EBITDA margin -1.9%).
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is swifto.in.
Company details
Contact details
Swifto Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is swifto.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address477/5 5 Juhu Lane Gilbert Hill Road Dhangar Wadi Near Kiraling Mandir Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Swifto Services 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
Business activity
The main business activity of Swifto Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Swifto Services Private Limited, buy the company report.
Financials of Swifto Services Private Limited
FY 2019 filings availableSwifto Services Private Limited reported revenue of ₹22.14 Cr (up 74% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Total Expenses | |||
| EBITDA | -₹41.7 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹53.74 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.9% | ||
| Net Profit Margin | -2.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Swifto Services Private Limited, buy the company report.
Board of directors of Swifto Services Private Limited
Swifto Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yallappa Hanumantha Poojary | Director | 02 Aug 2016 | 10 Years 2 Months | As last reported |
| Tayappa Dhangar Doddappa | Director | 02 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
Swifto Services Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sai Autoriders Private Limited | ₹22.21 Cr (FY 2024) | -3.0% | Akola, Maharashtra, India | |||
| C M Logistics India Private Limited | ₹22.17 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Swifto Services Private Limitedthis company | ₹22.14 Cr (FY 2019) | -₹53.74 Lakh | -2.4% | 74.0% | Mumbai, Maharashtra, India | |
| Amplus Logistics India Private Limited | ₹22.1 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Swifto Services Private Limited, buy the company report.
Auditor
Swifto Services Private Limited is audited by A R SODHA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R SODHA & CO | FY 2018 | 110324W |
Shareholding
The shareholding of Swifto Services Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Swifto Services Private Limited, buy the company report.
Legal cases
Swifto Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
To see the full case history of Swifto Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swifto Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swifto Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS5407P2ZC | Maharashtra | Active | 19 Aug 2017 |
To see the full GST registrations and return filing status of Swifto Services Private Limited, buy the company report.
Recent activity
Swifto Services Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Tayappa Dhangar Doddappa was appointed as Director on 02 Aug 2016.
Frequently asked questions
Swifto Services 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.
Swifto Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 August 2016 and is registered under CIN U60200MH2016PTC284337. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Swifto Services was incorporated on 02 August 2016. It is registered with the Registrar of Companies, Mumbai.
Swifto Services had 2 directors:
- Yallappa Hanumantha Poojary - Director
- Tayappa Dhangar Doddappa - Director
The CIN (Corporate Identification Number) of Swifto Services is U60200MH2016PTC284337. 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 Swifto Services is at 4775 5 Juhu Lane Gilbert Hill Road Dhangar Wadi Near Kiraling Mandir Andheri West, Mumbai, Maharashtra, India – 400058.
Swifto Services can be reached through the website swifto.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Swifto Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 December 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Swifto Services is 27AAXCS5407P2ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Swifto Services operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
The peers of Swifto Services by revenue are Sai Autoriders Private Limited, C M Logistics India Private Limited, Amplus Logistics India Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).