Economic Logistic Limited

Logistics company providing trucking, warehousing, and construction services with a large fleet and nationwide presence.

2001 | Delhi (India) | Active
Last Updated:

Economic Logistic Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.40 Cr
  • Satisfied Charges ₹ 2.29 Cr
  • Revenue Growth -2.17%
  • Profit Growth -55.60%
  • Ebitda -25.46%
  • Net Worth 5.32%
  • Total Assets -6.76%

About Economic Logistic

Economic Logistic Limited (ELL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 2001 and has a history of 23 years and six months. Its registered office is in Delhi, 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 1.00 M and a paid-up capital of Rs 0.80 M.

The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹2.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ekta Agarwal, Suresh Agarwal, and Abhishek Agarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090DL2001PLC112921

  • Company No.

    112921

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does Economic Logistic Limited offer?

Economic Logistic Limited offers a wide range of products and services, including Warehousing Services, Goods Warehousing Service, Transport Agents & Bulk Carriers, Goods Transport Services, Construction Equipment Rental, Transit Mixer Hire Service, Transportation Services, Full Truck Load Transport Service, Commercial Vehicles & Three Wheelers, Trucks.

Company report

Economic Logistic Limited

Explore comprehensive data for Economic Logistic Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Economic Logistic?

Board Members (3)

NameDesignationAppointment DateStatus
Ekta Agarwal Country flag representing In Director 05-Dec-2009Current
Abhishek Agarwal Country flag representing In Director 15-Jan-2009Current
Suresh Agarwal Country flag representing In Director 08-Jan-2002Current

Financial Performance of Economic Logistic.

Economic Logistic Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 2.17% decrease. The company also saw a substantial fall in profitability, with a 55.6% decrease in profit. The company's net worth moved up by a moderate rise of 5.32%.

Economic Logistic revenue growth over time
Economic Logistic 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
-2.17%
Revenue from Operations
-2.57%
Total Assets
-6.76%
Profit or Loss
-55.60%
Net Worth
5.32%
EBITDA
-25.46%

What is the Ownership and Shareholding Structure of Economic Logistic?

In 2020, Economic Logistic had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.00 M

Satisfied Charges

₹22.85 M

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr
  • Kotak Mahindra Bank Limited : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2016Others₹2.50 CrOpen
26 May 2015Kotak Mahindra Bank Limited₹9.00 MOpen
02 Aug 2013Icici Bank Limited₹1.70 CrSatisfied
30 Apr 2011Development Credit Bank Limited₹5.85 MSatisfied

How Many Employees Work at Economic Logistic?

Economic Logistic has a workforce of 2 employees as of Apr 08, 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 Economic Logistic Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economic Logistic, 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 Economic Logistic'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 Economic Logistic

Recent activity within the organization

  • Annual General Meeting

    Economic Logistic Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Economic Logistic Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 02 Aug 2013 via Charge ID 10446111 with Icici Bank Limited was fully satisfied on 16 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100088689 was registered on 29 Nov 2016.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 9.00 M with Charge ID 10572560 was registered on 26 May 2015.

  • Charges

    A charge registered on 30 Apr 2011 via Charge ID 10284099 with Development Credit Bank Limited was fully satisfied on 29 Oct 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Economic Logistic Limited?

    Economic Logistic Limited was incorporated on 23 Oct 2001.

  • What is authorized share capital and paid-up capital of Economic Logistic Limited?

    The authorized share capital of Economic Logistic Limited is ₹ 1.00 M and paid-up capital is ₹ 0.80 M.

  • Who are the current board members & directors of Economic Logistic Limited?

    Currently 3 directors are associated with Economic Logistic Limited.

    • Ekta Agarwal
    • Suresh Kumar Agarwal
    • Abhishek Agarwal

  • What is the registered address of Economic Logistic Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Economic Logistic Limited is 4 Rajendra Marketopp Tis Hazari Court India, New Delhi, 110054.

  • What is the corporate identification number (CIN) and company number of Economic Logistic Limited?

    The corporate identification number (CIN) of Economic Logistic Limited is U63090DL2001PLC112921 and the company number is 112921 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Economic Logistic Limited?

    The Official website of Economic Logistic Limited is https://www.economiclogistic.com

  • What has been the recent revenue trend for Economic Logistic Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Economic Logistic Limited has fallen by -2.17%.

  • How many employees does Economic Logistic Limited currently have?

    As Per 2020 financial reports, 2 employees are currently employed by Economic Logistic Limited.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Economic Logistic Limited has experienced an upsurge of 5.32%.

  • What are the total open charges for Economic Logistic Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Economic Logistic Limited amount to ₹ 3.40 Cr.

  • When was the last Balance Sheet of Economic Logistic Limited filed with the ROC?

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

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