About V-Link Fleet Solutions Private Limited
Data last updated:
V-Link Fleet Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Meru Travel Solutions 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 private bus transportation services segment of the transport and logistics sector. It was incorporated on 04 December 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH2006PTC165955. Its GSTIN is 37AACCV3809R1ZO (Andhra Pradesh). The company held 6 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.21 Lakh. It was led by directors including Deven Murarilal Maskara and Sreenivas Pamidimukkala.
Its last annual general meeting (AGM) was held on 19 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2023, the company reported a revenue of ₹94.07 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.25 Lakh (net margin 5.6%) and EBITDA of ₹5.29 Lakh (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 56% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: MeruBiz. As per MCA filings, the company had satisfied charges of ₹12 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.11 Cr; the latest was in May 2022. Its 4 peer companies in the Transport and Logistics industry (Private Bus Operators), with the same principal business activity (land transport via road) are compared by revenue, 2 larger and 2 smaller; the largest is Stallion Translink Roadways Private Limited with revenue of ₹1.5 Cr.
The last known website on record is merubiz.in.
Company details
Contact details
V-Link Fleet Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is merubiz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
- IndustryTransport and Logistics, Private Bus Transportation Services
To see the full contact details of V-Link Fleet Solutions 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
V-Link Fleet Solutions operates one associated brand: MeruBiz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers end-to-end mobility solutions tailored for enterprise needs. | merubiz.in |
Business activity
The main business activity of V-Link Fleet Solutions 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 V-Link Fleet Solutions Private Limited, buy the company report.
Financials of V-Link Fleet Solutions Private Limited
FY 2023 filings availableV-Link Fleet Solutions Private Limited reported revenue of ₹94.07 Lakh (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 8% fall in the latest year. EBITDA rose 189% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.25 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of V-Link Fleet Solutions Private Limited, buy the company report.
Board of directors of V-Link Fleet Solutions Private Limited
V-Link Fleet Solutions has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deven Murarilal Maskara Also directs: Illuminate Hybren Private Limited, Hazel Hybren Private Limited, Gelos Solren Private Limited and 5 more | Director | 25 Jul 2022 | 4 Years 3 Months | As last reported |
| Sreenivas Pamidimukkala | Director | 16 May 2022 | 4 Years 5 Months | As last reported |
| Rampraveen Swaminathan Also directs: Navyantara India LLP, Dodla Dairy Limited, Archean Chemical Industries Limited and 3 more | Director | 16 May 2022 | 4 Years 5 Months | As last reported |
Peer comparison
V-Link Fleet Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Private Bus Operators), 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 |
|---|---|---|---|---|---|---|
| Stallion Translink Roadways Private Limited | ₹1.5 Cr (FY 2017) | 29.0% | Nagpur, Maharashtra, India | |||
| Kaushik Global Logistics Limited | ₹1.25 Cr (FY 2021) | -83.0% | Kolkata, West Bengal, India | |||
| V-Link Fleet Solutions Private Limitedthis company | ₹94.07 Lakh (FY 2023) | ₹5.25 Lakh | 5.6% | -8.0% | 3 | Mumbai, Maharashtra, India |
| Tharai Travelss Private Limited | ₹76.76 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| L R N Bus Service Private Limited | ₹71.29 Lakh (FY 2024) | -21.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of V-Link Fleet Solutions Private Limited, buy the company report.
Auditor
V-Link Fleet Solutions Private Limited is audited by B.K. Khare & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K. Khare & Co. | FY 2022 | 105102W |
Shareholding
The shareholding of V-Link Fleet Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V-Link Fleet Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2015 | 10567773 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 30 Jun 2008 | 10113737 | The Hongkong and Shanghai Banking Corporation | ₹2 Cr | Satisfied | |
| 06 Feb 2007 | 10043047 | Ivf Trustee Company Private Limited | ₹2 Cr | Satisfied |
To see the full charge records of V-Link Fleet Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
V-Link Fleet Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.11 Cr; the latest was in May 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Mahindra logistics Limited & Narayan Shankar, Mahindra Logistics Limited , Mahindra logistics Limited & Sumeet Maheshwari Seller: MLL Express Services Private Limited |
| Feb 2007 | Funding round | ₹4.11 Cr | Investors: MLL Express Services Private Limited |
| Jan 2007 | Secondary share transfer | Undisclosed | Buyer: MLL Express Services Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
V-Link Fleet Solutions Private Limited has 5 court cases on record: 4 filed by V-Link Fleet Solutions, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Fortpoint Automotive (Cars) Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Fort Point Automotive (Cars) Private Limited | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of V-Link Fleet Solutions 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 V-Link Fleet Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
V-Link Fleet Solutions Private Limited has a workforce of 3 employees on its EPFO records as of May 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 3 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of V-Link Fleet Solutions Private Limited, buy the company report.
GST
V-Link Fleet Solutions has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCV3809R1ZO | Andhra Pradesh | Active | 11 Aug 2017 |
To see the full GST registrations and return filing status of V-Link Fleet Solutions Private Limited, buy the company report.
Recent activity
V-Link Fleet Solutions Private Limited has 21 board changes on record since 2007: 3 appointments and 18 cessations. The latest: Deven Murarilal Maskara ceased to be Additional Director on 18 Jul 2023.
18 earlier events are in the company report.
Frequently asked questions
V-Link Fleet Solutions 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.
V-Link Fleet Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in private bus transportation services, within the transport and logistics industry. It was incorporated on 04 December 2006 and is registered under CIN U63040MH2006PTC165955. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
V-Link Fleet Solutions was incorporated on 04 December 2006. It is registered with the Registrar of Companies, Mumbai.
V-Link Fleet Solutions had 3 directors:
- Deven Murarilal Maskara - Director
- Sreenivas Pamidimukkala - Director
- Rampraveen Swaminathan - Director
The CIN (Corporate Identification Number) of V-Link Fleet Solutions is U63040MH2006PTC165955. 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 V-Link Fleet Solutions is at Mahindra Towers P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.
V-Link Fleet Solutions can be reached through the website merubiz.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of V-Link Fleet Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 19 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of V-Link Fleet Solutions is 37AACCV3809R1ZO, registered in Andhra Pradesh. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
V-Link Fleet Solutions operated in the transport and logistics industry, in the private bus transportation services segment.
V-Link Fleet Solutions has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.11 Cr; the latest was in May 2022.
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