Startup India Government of India
Vedavit Logistics Private Limited
Vedavit Logistics Private Limited - transport and logistics in Hajipur, Bihar, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.79 Cr
▼ 67% YoY
Net loss · FY 2021
₹1.03 Cr
Net margin -57.8%
EBITDA · FY 2021
₹56.37 Lakh
EBITDA margin 31.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.89 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Vedavit Logistics Private Limited
Data last updated:
Vedavit Logistics Private Limited is a private limited company based in Hajipur, Bihar, India, recognised as a startup by DPIIT. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 24 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U63090BR2018PTC039349. Its GSTIN is 10AAGCV6174M1Z2 (Bihar).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Rakesh Kumar and Rajesh Kumar Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C/O Rakesh Kumar Sant Kabir Nagar Jadhua U D International School Campus, Hajipur, Bihar, India – 844101.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.79 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.03 Cr (net margin -57.8%) and EBITDA of ₹56.37 Lakh (EBITDA margin 31.6%).
As per MCA filings, the company has open charges of ₹1.89 Cr on record. Court records list 18 cases involving the company, including 3 filed by the company and 15 filed against it; 12 cases are pending.
Vedavit Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-37-0002220).
Company details
CIN U63090BR2018PTC039349
Registration Number 039349
Incorporation Date 24 September 2018
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-BR-37-0002220
Key People
Rakesh Kumar Director Rajesh Kumar Singh Director Recognitions & Rankings of Vedavit Logistics
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-BR-37-0002220
Contact details
Vedavit Logistics Private Limited's registered office is in Hajipur, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Rakesh Kumar Sant Kabir Nagar Jadhua U D International School Campus, Hajipur, Bihar, India – 844101
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Vedavit Logistics Private Limited, buy the company report.
Comprehensive company report
Vedavit Logistics Private 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
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Business activity
The main business activity of Vedavit Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Vedavit Logistics Private Limited, buy the company report.
Financials of Vedavit Logistics Private Limited
FY 2021 filings availableVedavit Logistics Private Limited reported revenue of ₹1.79 Cr (down 67% YoY) for FY 2021.
Revenue · FY 2021
₹1.79 Cr ▼ 67%
Net loss · FY 2021
₹1.03 Cr margin -57.8%
EBITDA · FY 2021
₹56.37 Lakh margin 31.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
EBITDA CAGR growth
1 year
▼ 72%
Revenue fell 67% in the latest year. EBITDA fell 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹56.37 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.03 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 31.6% | ||
| Net Profit Margin | -57.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Vedavit Logistics Private Limited, buy the company report.
Board of directors of Vedavit Logistics Private Limited
Vedavit Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Rajesh Kumar Singh Also directs: Tirumala Tirupati Enterprises Private Limited | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Vedavit Logistics Private Limited is compared with the 8 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K. Jalan Logistics Private Limited | ₹1.81 Cr (FY 2021) | -34.0% | Gorakhpur, Uttar Pradesh, India | |||
| Uttam Carriers Private Limited | ₹1.81 Cr (FY 2025) | 7.0% | Delhi, India | |||
| NCC Trans Logistics Private Limited | ₹1.8 Cr (FY 2022) | -90.0% | Nashik, Maharashtra, India | |||
| Jasmine Commercials Ltd | ₹1.8 Cr (FY 2025) | -76.0% | Kolkata, West Bengal, India | |||
| Vedavit Logistics Private Limitedthis company | ₹1.79 Cr (FY 2021) | -₹1.03 Cr | -57.8% | -67.0% | Hajipur, Bihar, India | |
| Narayani Roadways Private Limited | ₹1.78 Cr (FY 2022) | 45.0% | Chirkunda, Jharkhand, India | |||
| Arihant Roadlines (India) Private Limited | ₹1.78 Cr (FY 2025) | 2.0% | Gwalior, Madhya Pradesh, India | |||
| Aagni Roadways Private Limited | ₹1.78 Cr (FY 2025) | -86.0% | Durgapur, West Bengal, India | |||
| Hexalog Logistics India Private Limited | ₹1.78 Cr (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Vedavit Logistics Private Limited, buy the company report.
Auditor
Vedavit Logistics Private Limited is audited by Ajoy Kumar and Associates. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajoy Kumar and Associates. | FY 2019 | 025692C |
Shareholding
The shareholding of Vedavit Logistics Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vedavit Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.89 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2021 | 100474016 | Others | ₹98.4 Lakh | Open | |
| 30 Oct 2020 | 100388784 | Others | ₹12.2 Lakh | Open | |
| 26 Oct 2020 | 100395870 | Others | ₹13 Lakh | Open | |
| 10 Jan 2020 | 100335467 | Others | ₹16.4 Lakh | Open | |
| 10 Jan 2020 | 100335468 | Others | ₹16.4 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Vedavit Logistics Private Limited has 18 court cases on record: 3 filed by Vedavit Logistics, 15 filed against it. 12 cases are pending and 6 are disposed.
Total cases
18
Filed by the company
3
Filed against the company
15
Pending
12
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 15 | 12 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by Icici Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Vaishali, Bihar | Civil miscellaneous application | Filed by the company against Indusind Bank Ltd Represented by Authorised Representative G.Purusothaman, Deputy Manager Legal and 1 other | Disposed |
| District court, Vaishali, Bihar | Civil miscellaneous application | Filed by the company against Kotak Mahindra Bank Ltd and 1 other | Disposed |
To see the full case history of Vedavit Logistics 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 Vedavit Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vedavit Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAGCV6174M1Z2 | Bihar | Active | 15 Jan 2019 |
To see the full GST registrations and return filing status of Vedavit Logistics Private Limited, buy the company report.
Recent activity
Vedavit Logistics Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Ratnesh Kumar ceased to be Director on 15 Jul 2020.
AGM
Vedavit Logistics Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 98.40 Lakh with Charge ID 100474016 was registered on 09 Aug 2021.
Filing
Vedavit Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Patna.
Charges
A charge with Others amounted to Rs. 12.20 Lakh with Charge ID 100388784 was registered on 30 Oct 2020.
Charges
A charge with Others amounted to Rs. 13.00 Lakh with Charge ID 100395870 was registered on 26 Oct 2020.
Ceased
Ratnesh Kumar ceased to be Director.
Charges
A charge with Others amounted to Rs. 16.40 Lakh with Charge ID 100335467 was registered on 10 Jan 2020.
Charges
A charge with Others amounted to Rs. 16.40 Lakh with Charge ID 100335468 was registered on 10 Jan 2020.
Charges
A charge with Others amounted to Rs. 16.40 Lakh with Charge ID 100335469 was registered on 10 Jan 2020.
Charges
A charge with Others amounted to Rs. 16.40 Lakh with Charge ID 100304272 was registered on 28 Nov 2019.
Appointed
Rajesh Kumar Singh was appointed as Director.
Appointed
Rakesh Kumar was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Vedavit Logistics is an active private limited company based in Hajipur, Bihar, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 24 September 2018 (8+ years old) and is registered under CIN U63090BR2018PTC039349.
Vedavit Logistics has 2 current directors:
- Rakesh Kumar - Director
- Rajesh Kumar Singh - Director
The latest financial statements of Vedavit Logistics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Vedavit Logistics is 10AAGCV6174M1Z2, registered in Bihar.
The CIN (Corporate Identification Number) of Vedavit Logistics is U63090BR2018PTC039349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedavit Logistics has 18 court cases on record: 3 filed by the company and 15 filed against it. 12 are pending.
Vedavit Logistics was incorporated on 24 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Vedavit Logistics by revenue are K. Jalan Logistics Private Limited, Uttam Carriers Private Limited, NCC Trans Logistics Private Limited, Jasmine Commercials Ltd, Narayani Roadways Private Limited and 3 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Ratnesh Kumar ceased to be Director on 15 Jul 2020. Rajesh Kumar Singh was appointed as Director on 24 Sep 2018. Rakesh Kumar was appointed as Director on 24 Sep 2018.
Yes, Vedavit Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vedavit Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-BR-37-0002220).
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