Ashapura Logistics Limited

Global logistics services with extensive network and diverse clientele.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Ashapura Logistics Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.56 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 54.41 Cr
  • Satisfied Charges ₹ 24.15 Cr
  • Revenue Growth -15.22%
  • Profit Growth -3.19%
  • Ebitda 5.63%
  • Net Worth 30.23%
  • Total Assets 26.82%

About Ashapura Logistics

Ashapura Logistics Limited (ALL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 April 2002 and has a history of 22 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ashapura Forwarders Private Limited. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.56 Cr.

The company currently has active open charges totaling ₹54.41 Cr. The company has closed loans amounting to ₹24.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashapura Logistics Limited India are Ashok Tanna as CFO and Priyanka Jain as Company Secretary. Sujith Kurup, Chitra Kurup, Umakant Bijapur, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090GJ2002PLC040596

  • Company No.

    040596

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 2002

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

What products or services does Ashapura Logistics Limited offer?

Ashapura Logistics Limited offers a wide range of products and services, including Freight Forwarding Services, Sea Freight Forwarding, Custom Clearing Service, Import Clearance Services.

Who are the key members and board of directors at Ashapura Logistics?

Executive Team (3)

NameDesignationAppointment DateStatus
Sujith Kurup Country flag representing In Managing Director02-Apr-2002Current
Ashok Tanna CFO17-Oct-2023Current
Priyanka Jain Company Secretary08-Mar-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Umakant Bijapur Country flag representing In Director 18-Mar-2024Current
Chitra Kurup Country flag representing In Whole-Time Director 26-Jul-2006Current
Satyacharan Tiwari Country flag representing In Director 18-Mar-2024Current
Thomaskutty Varghese Country flag representing In Director 18-Mar-2024Current

Financial Performance of Ashapura Logistics.

Ashapura Logistics Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 15.22% decrease. The company also saw a slight decrease in profitability, with a 3.19% decrease in profit. The company's net worth Soared by an impressive increase of 30.23%.

Ashapura Logistics revenue growth over time
Ashapura Logistics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.22%
Revenue from Operations
-15.42%
Total Assets
26.82%
Profit or Loss
-3.19%
Net Worth
30.23%
EBITDA
5.63%

What is the Ownership and Shareholding Structure of Ashapura Logistics?

In 2024, Ashapura Logistics had a promoter holding of 92.45% and a public holding of 7.55%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.41 Cr

Satisfied Charges

₹24.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 44.83 Cr
  • Axis Bank Limited : 5.11 Cr
  • Hdb Financial Services Limited : 2.59 Cr
  • Citi Bank N.A. : 1.89 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2024Others₹1.11 CrOpen
13 Sep 2024Others₹1.11 CrOpen
18 Jul 2024Others₹1.23 CrOpen
01 Jul 2024Others₹0.50 MOpen
24 Jun 2024Axis Bank Limited₹3.91 MOpen

How Many Employees Work at Ashapura Logistics?

Ashapura Logistics has a workforce of 198 employees as of Nov 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ashapura Logistics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashapura Logistics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashapura Logistics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ashapura Logistics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100993161 was registered on 11 Oct 2024.

  • Annual General Meeting

    Ashapura Logistics Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100980586 was registered on 13 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 1.23 Cr with Charge ID 100952190 was registered on 18 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100959248 was registered on 01 Jul 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.39 Cr with Charge ID 100945359 was registered on 24 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Ashapura Logistics Limited?

    Ashapura Logistics Limited was incorporated on 02 Apr 2002.

  • What is authorized share capital and paid-up capital of Ashapura Logistics Limited?

    The authorized share capital of Ashapura Logistics Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.56 Cr.

  • Who are the current board members & directors of Ashapura Logistics Limited?

    Currently 7 directors are associated with Ashapura Logistics Limited.

    • Sujith Chandrasekhar Kurup
    • Chitra Sujith Kurup
    • Umakant Kashinath Bijapur
    • Satyacharan Chanderdeo Tiwari
    • Thomaskutty Varghese
    • Ashok Prabhudasbhai Tanna
    • Priyanka Gyanchand Jain

  • What is the registered address of Ashapura Logistics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashapura Logistics Limited is B-902 Shapath Hexa Opp. High Court S.G.Highway, Sola India, Ahmedabad, Gujarat, 380060.

  • What is the corporate identification number (CIN) and company number of Ashapura Logistics Limited?

    The corporate identification number (CIN) of Ashapura Logistics Limited is U63090GJ2002PLC040596 and the company number is 040596 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ashapura Logistics Limited?

    The Official website of Ashapura Logistics Limited is https://www.ashapura.in

  • What has been the recent revenue trend for Ashapura Logistics Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Ashapura Logistics Limited has fallen by -15.22%.

  • How many employees does Ashapura Logistics Limited currently have?

    As Per 2024 financial reports, 198 employees are currently employed by Ashapura Logistics Limited.

  • What change has been observed in the net worth of Ashapura Logistics Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Ashapura Logistics Limited has experienced an upsurge of 30.23%.

  • What are the total open charges for Ashapura Logistics Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Ashapura Logistics Limited amount to ₹ 54.41 Cr.

  • When was the last Balance Sheet of Ashapura Logistics Limited filed with the ROC?

    The most recent Balance Sheet for Ashapura Logistics Limited was filed with the ROC on 31 Mar 2024.

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