About VGL Cargo Solutions (India) Private Limited
Data last updated:
VGL Cargo Solutions (India) Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 15 November 2010.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63010TN2010PTC078085. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Krishnan and Saravanan Moorthy.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No. 23 Shifa Enclave F Block S1 & S3 Rangasamy Street Chrompet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.03 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Lakh (net margin -0.7%) and EBITDA of -₹4.78 Lakh (EBITDA margin -2.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: VGL Cargo Solutions.
The last known website on record is vglindia.com.
Company details
Contact details
VGL Cargo Solutions (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is vglindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 23 Shifa Enclave F Block S1 & S3 Rangasamy Street Chrompet, Chennai, Tamil Nadu, India – 600044
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA), Air Cargo Services & Logistics
To see the full contact details of VGL Cargo Solutions (India) 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
VGL Cargo Solutions (India) operates one associated brand: VGL Cargo Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive multi-modal freight forwarding services. | vglindia.com |
Business activity
The main business activity of VGL Cargo Solutions (India) 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 VGL Cargo Solutions (India) Private Limited, buy the company report.
Financials of VGL Cargo Solutions (India) Private Limited
FY 2018 filings availableVGL Cargo Solutions (India) Private Limited reported revenue of ₹2.03 Cr (down 78% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 78% fall in the latest year. EBITDA fell 113% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4.78 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹1.51 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.4% | |||
| Net Profit Margin | -0.7% | |||
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To see the full financial statements and ratios of VGL Cargo Solutions (India) Private Limited, buy the company report.
Board of directors of VGL Cargo Solutions (India) Private Limited
VGL Cargo Solutions (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan | Director | 14 Aug 2019 | 7 Years 2 Months | As last reported |
| Saravanan Moorthy | Director | 16 Aug 2019 | 7 Years 2 Months | As last reported |
Peer comparison
VGL Cargo Solutions (India) Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Air Cargo, Carrying and Forwarding Agents), 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 |
|---|---|---|---|---|---|---|
| Valy Impex Private Limited | ₹2.04 Cr (FY 2025) | -5.0% | Tripunithura, Kerala, India | |||
| Rohini Heliport Limited | ₹2.03 Cr (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| VGL Cargo Solutions (India) Private Limitedthis company | ₹2.03 Cr (FY 2018) | -₹1.51 Lakh | -0.7% | -78.0% | 1 | Chennai, Tamil Nadu, India |
| Salient Container Line Private Limited | ₹2 Cr (FY 2020) | 333.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of VGL Cargo Solutions (India) Private Limited, buy the company report.
Auditor
VGL Cargo Solutions (India) Private Limited is audited by K K G S AND CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K G S AND CO | FY 2015 | 012508S |
Shareholding
The shareholding of VGL Cargo Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of VGL Cargo Solutions (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving VGL Cargo Solutions (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VGL Cargo Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VGL Cargo Solutions (India) Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
VGL Cargo Solutions (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of VGL Cargo Solutions (India) Private Limited, buy the company report.
Recent activity
VGL Cargo Solutions (India) Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Saravanan Moorthy ceased to be Additional Director on 21 Aug 2019.
Frequently asked questions
VGL Cargo Solutions (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
VGL Cargo Solutions (India) was a private limited company based in Chennai, Tamil Nadu, India. The company worked in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 15 November 2010 and is registered under CIN U63010TN2010PTC078085. The company has been struck off by the Registrar of Companies and is no longer operational.
VGL Cargo Solutions (India) had 2 directors:
- Krishnan - Director
- Saravanan Moorthy - Director
The CIN (Corporate Identification Number) of VGL Cargo Solutions (India) is U63010TN2010PTC078085. 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 VGL Cargo Solutions (India) is at Plot No. 23 Shifa Enclave F Block S1 & S3 Rangasamy Street Chrompet, Chennai, Tamil Nadu, India – 600044.
VGL Cargo Solutions (India) was incorporated on 15 November 2010. It is registered with the Registrar of Companies, Chennai.
VGL Cargo Solutions (India) can be reached through the website vglindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of VGL Cargo Solutions (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. VGL Cargo Solutions (India) has 1 GST registration on record and it is cancelled or inactive.
VGL Cargo Solutions (India) operated in the transport and logistics industry, in the carrying and forwarding agents (cfa) segment. It worked in this industry before it was struck off.
The peers of VGL Cargo Solutions (India) by revenue are Valy Impex Private Limited, Rohini Heliport Limited, Salient Container Line Private Limited, all in the Transport and Logistics industry (Air Cargo, Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation).