About Wiz Logtec India Private Limited
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Wiz Logtec India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Radar Ventures Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U61100TN2001PTC046793. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹2.04 Cr. It was formerly known as Pl Shipping & Logistics Private Limited and Pl Shipping & Logistics Limited. It is led by directors Ramkumar Ramachandran and Ramkumar Govindarajan.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.56/57 3rd Floor Rajaji Salai, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹463.12 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.65 Cr (net margin 1.4%) and EBITDA of ₹16.89 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹183.55 Cr and satisfied charges of ₹27.6 Cr on record. Court records list 16 cases involving the company, including 3 filed by the company and 13 filed against it; 8 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4 Cr; the latest was in November 2022. Its 4 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 2 smaller; the largest is NTC Logistics India Private Limited with revenue of ₹475.73 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrspedag.com.
Company details
Name history
Wiz Logtec India has undergone 2 name changes throughout its history. The company was previously known as Pl Shipping & Logistics Private Limited, and Pl Shipping & Logistics Limited. The current legal name is Wiz Logtec India Private Limited.
| Company Name | Status |
|---|---|
| Wiz Logtec India Private Limited | Current |
| Pl Shipping & Logistics Private Limited | Previous |
| Pl Shipping & Logistics Limited | Previous |
CIN history
Wiz Logtec India has one previous CIN (Corporate Identification Number): U61100TN2001PLC046793. The current CIN is U61100TN2001PTC046793, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61100TN2001PTC046793 | Current |
| U61100TN2001PLC046793 | Previous |
Contact details
Wiz Logtec India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mrspedag.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.56/57 3rd Floor Rajaji Salai, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Wiz Logtec 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
Business activity
The main business activity of Wiz Logtec 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 Wiz Logtec India Private Limited, buy the company report.
Financials of Wiz Logtec India Private Limited
FY 2024 filings availableWiz Logtec India Private Limited reported revenue of ₹463.12 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 27% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹463.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.65 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Wiz Logtec India Private Limited, buy the company report.
Board of directors of Wiz Logtec India Private Limited
Wiz Logtec India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramkumar Ramachandran Also directs: Unikon Shipping Ventures LLP, Radar Ventures Private Limited, Wiz Tracks Private Limited and 5 more | Director | 14 Mar 2001 | 25 Years 7 Months | Current |
| Ramkumar Govindarajan Also directs: Unikon Shipping Ventures LLP, Radar Ventures Private Limited, Wiz Tracks Private Limited and 5 more | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Wiz Logtec India Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| NTC Logistics India Private Limited | ₹475.73 Cr (FY 2025) | -36.0% | Chennai, Tamil Nadu, India | |||
| Fast Forward Logistics India Private Limited | ₹467.92 Cr (FY 2025) | 61.0% | Chennai, Tamil Nadu, India | |||
| Wiz Logtec India Private Limitedthis company | ₹463.12 Cr (FY 2024) | ₹6.65 Cr | 1.4% | -15.0% | Chennai, Tamil Nadu, India | |
| I P Integrated Services Private Limited | ₹462.32 Cr (FY 2025) | 11.0% | Haryana, India | |||
| SPJ Cargo Private Limited | ₹459.39 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Wiz Logtec India Private Limited, buy the company report.
Auditor
Wiz Logtec India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Wiz Logtec India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wiz Logtec India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2025 | 101085483 | Others | ₹3 Cr | Open | |
| 14 Jan 2025 | 101043472 | Others | ₹1 Cr | Open | |
| 27 Sep 2024 | 100990595 | Others | ₹25 Cr | Open | |
| 24 Jul 2024 | 101011372 | Others | ₹2 Cr | Open | |
| 19 Jul 2024 | 100957067 | Others | ₹1.5 Cr | Open |
To see the full charge records of Wiz Logtec India Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Wiz Logtec India Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4 Cr; the latest was in November 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Radar Ventures Private Limited Seller: an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Radar Ventures Private Limited Seller: M R Qomo Holding Ag |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: M R Qomo Holding Ag Seller: M R Bharata Holding AG |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: M R Bharata Holding AG Seller: Peirce Leslie & Co Limited UK, Paracor Capital, an individual |
| Feb 2010 | Secondary share transfer | Undisclosed | Seller: Paracor Capital, Peirce Leslie & Co Limited UK |
To see the full deal history of Wiz Logtec India 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
Wiz Logtec India Private Limited has 16 court cases on record: 3 filed by Wiz Logtec India, 13 filed against it. 8 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 6 |
| NCLAT | 5 | 5 | 0 |
| High courts | 2 | 2 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Avignon Shipping Private Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vivimed Life Sciences Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Strides Pharma Science Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay-ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Pending |
To see the full case history of Wiz Logtec India 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
Wiz Logtec India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Skyways Air Services Ltd |
To see the full MSME payment records of Wiz Logtec India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Wiz Logtec India has 5 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Magik Cargo India Private Limited | U63090TN2004PTC052885 | |
| Integrated Freight Services India Private Limited | U63090TN2010PTC074616 | |
| Leadtech Solutions Private Limited | U72200TN2009PTC071964 | |
| Ols Clearing & Forwarding Private Limited | U74990TN2011PTC082854 | |
| One-Log Solutions Private Limited | U74999TN2018PTC126114 |
To see the full group structure of Wiz Logtec India Private Limited, buy the company report.
GST
Wiz Logtec India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wiz Logtec India Private Limited, buy the company report.
Recent activity
Wiz Logtec India Private Limited has 20 board changes on record since 2001: 11 appointments and 9 cessations. The latest: Radhakrishnan Jayaram ceased to be Director on 01 Mar 2024.
32 earlier events are in the company report.
Frequently asked questions
Wiz Logtec India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 14 March 2001 (25+ years old) and is registered under CIN U61100TN2001PTC046793.
Wiz Logtec India has 2 current directors:
- Ramkumar Ramachandran - Director
- Ramkumar Govindarajan - Director
The latest financial statements of Wiz Logtec India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
No. Wiz Logtec India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Wiz Logtec India is U61100TN2001PTC046793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wiz Logtec India has 16 court cases on record: 3 filed by the company and 13 filed against it. 8 are pending. Most are in the district courts.
Wiz Logtec India was incorporated on 14 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Wiz Logtec India has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4 Cr; the latest was in November 2022.
The peers of Wiz Logtec India by revenue are NTC Logistics India Private Limited, Fast Forward Logistics India Private Limited, I P Integrated Services Private Limited, SPJ Cargo Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Radhakrishnan Jayaram ceased to be Director on 01 Mar 2024. Daniel Rudolf Richner ceased to be Director on 17 Oct 2022. Ramkumar Govindarajan was appointed as Director on 17 Oct 2022. Wiz Logtec India has 20 board changes on record in total.
Wiz Logtec India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 05 Jul 2019.
Wiz Logtec India can be reached through the website mrspedag.com. Its registered office is in Chennai, Tamil Nadu, India.