Challenge Logistics Private Limited

Logistics company providing domestic and international freight forwarding, custom clearance, and transportation services.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Challenge Logistics Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.25 M
  • Satisfied Charges ₹ 3.40 M
  • Revenue Growth 6.31%
  • Profit Growth 128.09%
  • Ebitda 151.82%
  • Net Worth -15.77%
  • Total Assets -3.56%

About Challenge Logistics

Challenge Logistics Private Limited (CLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, Maharashtra, India.

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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.25 M. The company has closed loans amounting to ₹3.40 M, as per Ministry of Corporate Affairs (MCA) records.

Salim Jamali, Kashmira Jamali, and Shiraz Jamali serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63000MH1997PTC110096

  • Company No.

    110096

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Challenge Logistics Private Limited offer?

Challenge Logistics Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Freight Forwarding Services, Custom Clearing Service, Import Clearance Services, Cargo Transportation Services, Air Cargo Service, LCL Shipment Service.

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

Board Members (3)

NameDesignationAppointment DateStatus
Shiraz Jamali Country flag representing In Whole-Time Director 12-Sep-2013Current
Salim Jamali Country flag representing In Whole-Time Director 14-Aug-1997Current
Kashmira Jamali Country flag representing In Director 23-Apr-1998Current

Financial Performance of Challenge Logistics.

Challenge Logistics Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 6.31% increase. The company also saw a substantial improvement in profitability, with a 128.09% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.77%.

Challenge Logistics revenue growth over time
Challenge 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
6.31%
Revenue from Operations
5.91%
Total Assets
-3.56%
Profit or Loss
128.09%
Net Worth
-15.77%
EBITDA
151.82%

What is the Ownership and Shareholding Structure of Challenge Logistics?

In 2021, Challenge Logistics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.25 M

Satisfied Charges

₹3.40 M

Charges Breakdown by Lending Institutions

  • The Zoroastrian Co-Operative Bank Limited : 0.30 Cr
  • The Zoroestrian Co-Operative Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2011The Zoroastrian Co-Operative Bank Limited₹3.00 MOpen
22 Sep 2000The Zoroestrian Co-Operative Bank Limited₹0.50 MOpen
07 May 1999The Zoroestrian Co-Operative Bank Limited₹0.75 MOpen
31 Mar 2007Axis Bank Limited₹0.90 MSatisfied
08 Nov 2002The Zoroastrian Co-Operative Bank Limited₹2.50 MSatisfied

How Many Employees Work at Challenge Logistics?

Challenge Logistics has a workforce of 9 employees as of Mar 26, 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 Challenge Logistics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Challenge 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 Challenge 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 Challenge Logistics

Recent activity within the organization

  • Annual General Meeting

    Challenge Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Challenge Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 31 Mar 2007 via Charge ID 10052323 with Axis Bank Limited was fully satisfied on 27 Nov 2013.

  • Director Appointment

    Shiraz Salim Jamali was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Sep 2013 & has been associated with this company since 11 years 5 months .

  • Charges

    A charge with The Zoroastrian Co-Operative Bank Limited of Rs. 3.00 M registered on 14 Feb 2011 with Charge ID 10273804 was modified on 30 Nov 2011.

  • Charges

    A charge registered on 08 Nov 2002 via Charge ID 80042215 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 30 Nov 2011.

Frequently asked questions

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

    Challenge Logistics Private Limited was incorporated on 14 Aug 1997.

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

    The authorized share capital of Challenge Logistics Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    Currently 3 directors are associated with Challenge Logistics Private Limited.

    • Salim Abdul Kassim Jamali
    • Kashmira Salim Jamali
    • Shiraz Salim Jamali

  • What is the registered address of Challenge Logistics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Challenge Logistics Private Limited is 804/805 The Avenue International Airport Road Opp. Leela Andheri (E), India, Mumbai, Maharashtra, 400069.

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

    The corporate identification number (CIN) of Challenge Logistics Private Limited is U63000MH1997PTC110096 and the company number is 110096 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Challenge Logistics Private Limited?

    The Official website of Challenge Logistics Private Limited is https://www.challengelogistics.com

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Challenge Logistics Private Limited has risen by 6.31%.

  • How many employees does Challenge Logistics Private Limited currently have?

    As Per 2021 financial reports, 9 employees are currently employed by Challenge Logistics Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Challenge Logistics Private Limited has experienced an downturn of -15.77%.

  • What are the total open charges for Challenge Logistics Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Challenge Logistics Private Limited amount to ₹ 4.25 M.

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

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

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