MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0009227
Turtle Infratrade Limited - transport and logistics in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹189.1 Cr
▲ 6% YoY
Net profit · FY 2025
₹2.51 Cr
Net margin 1.3%
EBITDA · FY 2025
₹5 Cr
EBITDA margin 2.6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7.52 Cr
Issued & subscribed
Satisfied charges
₹7.84 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
144
Provident fund records
About Turtle Infratrade Limited
Data last updated:
Turtle Infratrade Limited is a public limited company based in Pune, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 05 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U60232PN2008PLC131938. Its GSTIN is 27AABCL4583H1ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.52 Cr. It was formerly known as Lokmangal Infratrade Private Limited and Lokmangal Logistics Private Limited. It is led by directors including Mahesh Satishchandra Deshmukh (Managing Director) and Pramila Arun Salunke.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Metropolitan Condominium Plot No. 27 2nd Floor, Sr. No. 21 Hissa 4/1 Wakdewadi Old Mumbai Pune Road, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹189.1 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.51 Cr (net margin 1.3%) and EBITDA of ₹5 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 144 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹7.84 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 4 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.
Turtle Infratrade Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0009227). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lokmangal.com.
Company details
CIN U60232PN2008PLC131938
Registration Number 131938
Incorporation Date 05 May 2008
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0009227
Name history
Turtle Infratrade has undergone 3 name changes throughout its history. The company was previously known as Lokmangal Infratrade Private Limited, Lokmangal Logistics Private Limited, and Lokmangal Logistic Private Limited. The current legal name is Turtle Infratrade Limited.
| Company Name | Status |
|---|---|
| Turtle Infratrade Limited | Current |
| Lokmangal Infratrade Private Limited | Previous |
| Lokmangal Logistics Private Limited | Previous |
| Lokmangal Logistic Private Limited | Previous |
CIN history
Turtle Infratrade has one previous CIN (Corporate Identification Number): U60232PN2008PTC131938. The current CIN is U60232PN2008PLC131938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60232PN2008PLC131938 | Current |
| U60232PN2008PTC131938 | Previous |
Key People
Mahesh Satishchandra Deshmukh Managing Director Arun Pandurang Salunke Cfo Pramila Arun Salunke Director Recognitions & Rankings of Turtle Infratrade
Contact details
Turtle Infratrade Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressMetropolitan Condominium Plot No. 27 2nd Floor, Sr. No. 21 Hissa 4/1 Wakdewadi Old Mumbai Pune Road, Maharashtra, India – 411005
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Turtle Infratrade Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Turtle Infratrade are professional, scientific and technical activities and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers other professional, scientific and technical activities and wholesale and retail trade and repair of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Turtle Infratrade Limited, buy the company report.
Financials of Turtle Infratrade Limited
FY 2024 filings availableTurtle Infratrade Limited reported revenue of ₹189.1 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹189.1 Cr ▲ 6%
Net profit · FY 2025
₹2.51 Cr margin 1.3%
EBITDA · FY 2025
₹5 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 8%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 11%
5 years · compounded
▲ 26%
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 41% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹5 Cr | ||||
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| Net Profit (PAT) | ₹2.51 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Turtle Infratrade Limited, buy the company report.
Board of directors and KMP of Turtle Infratrade Limited
Turtle Infratrade Limited currently reports 5 directors and 1 key managerial person. 14 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramila Arun Salunke | Director | 01 Jan 2024 | 2 Years 9 Months | Current |
| Mahesh Satishchandra Deshmukh | Managing Director | 03 Jul 2024 | 2 Years 3 Months | Current |
| Arun Pandurang Salunke Also directs: Shambhuraja Agro Producer Company Limited | Cfo | 13 Jun 2025 | 1 Years 4 Months | Current |
| Sidhartha Shantanu Gandhi | Director | 13 Sep 2024 | 2 Years 1 Months | Current |
| Swapnil Purushotham Eaga Also directs: Smruthi Chemicals and Intermediates LLP, Smruthi Organics Ltd | Director | 13 Sep 2024 | 2 Years 1 Months | Current |
| Himanshu Harishchandra Garg | Director | 13 Sep 2024 | 2 Years 1 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹7.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2022 | 100598513 | Tata Capital Financial Services Limited | ₹3.89 Cr | Satisfied | |
| 12 Jul 2017 | 100168259 | Others | ₹1.5 Cr | Satisfied | |
| 14 Jun 2017 | 100116640 | Others | ₹2.45 Cr | Satisfied |
To see the full charge records of Turtle Infratrade Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Turtle Infratrade Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.
Total deals
4
Secondary share transfers
3
Rights issue
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2015 | Rights issue | ₹13 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Turtle Infratrade Limited has 20 court cases on record: 6 filed by Turtle Infratrade, 14 filed against it. 4 cases are pending and 16 are disposed.
Total cases
20
Filed by the company
6
Filed against the company
14
Pending
4
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 14 | 4 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Ramky Infrastructure Limited | Disposed |
| District court, Osmanabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Kolhapur, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against individuals | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Turtle Infratrade 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 Turtle Infratrade Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Turtle Infratrade has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL4583H1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Turtle Infratrade Limited, buy the company report.
Recent activity
Turtle Infratrade Limited has 20 board changes on record since 2008: 6 appointments and 14 cessations. The latest: Arun Pandurang Salunke was appointed as CFO on 13 Jun 2025.
Appointed
Arun Pandurang Salunke was appointed as CFO.
Ceased
Ashok Mahadev Shinde ceased to be CFO.
Ceased
Arati Virendra Bandi ceased to be Company Secretary.
Charges
A charge registered on 11 Jul 2022 via Charge ID 100598513 with Tata Capital Financial Services Limited was fully satisfied on 25 Jan 2025.
Charges
A charge registered on 14 Jun 2017 via Charge ID 100116640 with Others was fully satisfied on 09 Dec 2024.
AGM
Turtle Infratrade Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Himanshu Harishchandra Garg ceased to be Additional Director.
Ceased
Pramila Arun Salunke ceased to be Additional Director.
Ceased
Sidhartha Shantanu Gandhi ceased to be Additional Director.
Ceased
Swapnil Purushotham Eaga ceased to be Additional Director.
Appointed
Himanshu Harishchandra Garg was appointed as Director.
Appointed
Sidhartha Shantanu Gandhi was appointed as Director.
17 earlier events are in the company report.
Frequently asked questions
Turtle Infratrade is an active public limited company based in Pune, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 05 May 2008 (18+ years old) and is registered under CIN U60232PN2008PLC131938.
Turtle Infratrade has 6 current directors and KMP:
- Mahesh Satishchandra Deshmukh - Managing Director
- Pramila Arun Salunke - Director
- Sidhartha Shantanu Gandhi - Director
- Swapnil Purushotham Eaga - Director
- Himanshu Harishchandra Garg - Director
- Arun Pandurang Salunke - Cfo
The latest financial statements of Turtle Infratrade on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Turtle Infratrade is 27AABCL4583H1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Turtle Infratrade is U60232PN2008PLC131938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turtle Infratrade has 20 court cases on record: 6 filed by the company and 14 filed against it. 4 are pending.
Turtle Infratrade was incorporated on 05 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Turtle Infratrade has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.
Arun Pandurang Salunke was appointed as CFO on 13 Jun 2025. Ashok Mahadev Shinde ceased to be CFO on 13 Jun 2025. Arati Virendra Bandi ceased to be Company Secretary on 05 May 2025. Turtle Infratrade has 20 board changes on record in total.
Yes, Turtle Infratrade is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0009227).