About Gvtechno Logistic Private Limited
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Gvtechno Logistic Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 01 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63090TG2014PTC096613. Its GSTIN is 08AABCU7647P2ZI (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.64 Lakh. It was formerly known as Udaan Logisure Private Limited. It is led by directors Samer Khamees Hasan Marei and Priya Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at T – 202 Technopolis 1 – 10 – 74/B Chikoti Gardens Begumpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2019, the company reported a revenue of ₹59.24 Lakh, a growth of 83% compared to the previous year. For the same year it recorded a net loss of ₹38.65 Lakh (net margin -65.2%) and EBITDA of -₹1.85 Lakh (EBITDA margin -3.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
The company is associated with 2 brands: Logisure and Its-Dost. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹9.47 Cr; the latest was in April 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website logisure.in.
Company details
Contact details
Gvtechno Logistic Private Limited's registered office is in Hyderabad, Telangana. Its website is logisure.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – 202 Technopolis 1 – 10 – 74/B Chikoti Gardens Begumpet, Hyderabad, Telangana, India – 500016
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Gvtechno Logistic 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
Brands
Gvtechno Logistic operates two associated brands: Logisure and ITS-DOST. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides intra-city B2B logistics services for efficient delivery solutions. | logisure.in | |
| App-based provider of transportation services | its-dost.com |
Business activity
The main business activities of Gvtechno Logistic are transport and storage and information and communication. In detail, this covers postal & courier activities and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Gvtechno Logistic Private Limited, buy the company report.
Financials of Gvtechno Logistic Private Limited
FY 2019 filings availableGvtechno Logistic Private Limited reported revenue of ₹59.24 Lakh (up 83% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 83% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 41%. EBITDA rose 88% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.24 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.65 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | ||||
| Net Profit Margin | -65.2% | ||||
| 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 Gvtechno Logistic Private Limited, buy the company report.
Board of directors of Gvtechno Logistic Private Limited
Gvtechno Logistic has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samer Khamees Hasan Marei | Additional Director | 02 Nov 2020 | 5 Years 11 Months | Current |
| Priya Jain | Additional Director | 01 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Gvtechno Logistic Private Limited is audited by R V K S AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V K S AND ASSOCIATES | FY 2019 | 008572S |
Shareholding
The shareholding of Gvtechno Logistic Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gvtechno Logistic Private Limited, buy the company report.
Deals & funding
Gvtechno Logistic Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹9.47 Cr; the latest was in April 2016.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2016 | Funding round | ₹5.36 Cr | Investors: Aramex Ventures, Tara Medicos Private Limited , 2 individuals |
| Apr 2015 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Mar 2015 | Rights issue | ₹3.9 Lakh | Investors: 3 individuals |
To see the full deal history of Gvtechno Logistic Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gvtechno Logistic Private Limited has 5 court cases on record: 1 filed by Gvtechno Logistic, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by M/S 7Edge Internet Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S 7Edge Internet Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S 7Edge Internet Privat Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Jaipur Metro I, Rajasthan | Revision petition | Filed by the company against State Government and Manoj Jangid | Disposed |
To see the full case history of Gvtechno Logistic 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 Gvtechno Logistic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gvtechno Logistic Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
Gvtechno Logistic has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCU7647P2ZI | Rajasthan | Active | 28 Aug 2017 |
To see the full GST registrations and return filing status of Gvtechno Logistic Private Limited, buy the company report.
Recent activity
Gvtechno Logistic Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Vikas Sethia ceased to be Director on 21 May 2022.
Frequently asked questions
Gvtechno Logistic is an active private limited company based in Hyderabad, Telangana, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 01 December 2014 (12+ years old) and is registered under CIN U63090TG2014PTC096613.
Gvtechno Logistic has 2 current directors:
- Samer Khamees Hasan Marei - Additional Director
- Priya Jain - Additional Director
The latest financial statements of Gvtechno Logistic on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Gvtechno Logistic is 08AABCU7647P2ZI, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Gvtechno Logistic is U63090TG2014PTC096613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gvtechno Logistic has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Gvtechno Logistic was incorporated on 01 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Gvtechno Logistic has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹9.47 Cr; the latest was in April 2016.
Vikas Sethia ceased to be Director on 21 May 2022. Samer Khamees Hasan Marei was appointed as Additional Director on 02 Nov 2020. Anirudh Batwara ceased to be Director on 01 Sep 2020. Gvtechno Logistic has 5 board changes on record in total.
Gvtechno Logistic can be reached through the website logisure.in. Its registered office is in Hyderabad, Telangana, India.
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