Express Equipment Rental & Logistics Private Limited

Provides rental cranes for various industries with a diverse range of clientele.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Express Equipment Rental & Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.83 Cr
  • Satisfied Charges ₹ 130.79 Cr
  • Revenue Growth 13.60%
  • Profit Growth 580.46%
  • Ebitda 23.80%
  • Net Worth 35.24%
  • Total Assets -12.59%

About Express Equipment Rental & Logistics

Express Equipment Rental & Logistics Private Limited (EERLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 2007 and has a history of 17 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹38.83 Cr. The company has closed loans amounting to ₹130.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nailesh Gandhi, Ashwin Gandhi, Satyen Gandhi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63011MH2007PTC174073

  • Company No.

    174073

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2007

  • Date of AGM

    20 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Express Equipment Rental & Logistics Private Limited offer?

Express Equipment Rental & Logistics Private Limited offers a wide range of products and services, including Medical Surgery & Treatment Centres, Medical Treatment Services, Air Taxi, Bus Rentals & Services, Air Travel Services, EXIM Trade & Licensing Services, Trade Consultation Service, Forwarding & Custom Clearing, Freight Forwarding Services.

Who are the key members and board of directors at Express Equipment Rental & Logistics?

Board Members (5)

Name Designation Appointment Date Status
Satyen Gandhi Country flag representing In Director 11-Jun-2014 Current
Rakesh Gandhi Country flag representing In Whole-Time Director 30-May-2008 Current
Nailesh Gandhi Country flag representing In Director 30-May-2008 Current
Ashwin Gandhi Country flag representing In Director 13-Sep-2007 Current
Kirit Gandhi Country flag representing In Director 13-Sep-2007 Current

Financial Performance of Express Equipment Rental & Logistics.

Express Equipment Rental & Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.6% increase. The company also saw a substantial improvement in profitability, with a 580.46% increase in profit. The company's net worth Soared by an impressive increase of 35.24%.

Graph illustrating revenue growth over time
Graph showing 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
13.60%
Revenue from Operations
13.78%
Total Assets
-12.59%
Profit or Loss
580.46%
Net Worth
35.24%
EBITDA
23.80%

What is the Ownership and Shareholding Structure of Express Equipment Rental & Logistics?

In 2023, Express Equipment Rental & 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

₹388.30 M

Satisfied Charges

₹1,307.87 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.83 Cr
  • Others : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Apr 2024 Hdfc Bank Limited ₹11.20 Cr Open
29 Feb 2024 Hdfc Bank Limited ₹3.29 Cr Open
18 Jan 2024 Hdfc Bank Limited ₹2.82 Cr Open
31 Aug 2023 Hdfc Bank Limited ₹5.63 Cr Open
01 Aug 2023 Hdfc Bank Limited ₹1.42 Cr Open

How Many Employees Work at Express Equipment Rental & Logistics?

Express Equipment Rental & Logistics has a workforce of 352 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Express Equipment Rental & 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 Express Equipment Rental & 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 Express Equipment Rental & Logistics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 112.00 M with Charge ID 100903369 was registered on 09 Apr 2024.

    09 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 32.90 M with Charge ID 100879199 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 28.20 M with Charge ID 100849460 was registered on 18 Jan 2024.

    18 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 56.25 M with Charge ID 100771926 was registered on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 15 Oct 2011 via Charge ID 10320942 with Icici Bank was fully satisfied on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10551300 with Kotak Mahindra Bank Limited was fully satisfied on 11 Aug 2023.

    11 Aug 2023

Frequently asked questions

  • Express Equipment Rental & Logistics Private Limited was incorporated on 13 Sep 2007.

  • The authorized share capital of Express Equipment Rental & Logistics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Express Equipment Rental & Logistics Private Limited.

    • Nailesh Vinod Gandhi
    • Ashwin Ramanlal Gandhi
    • Satyen Ashwin Gandhi
    • Kirit Ramanlal Gandhi
    • Rakesh Kiritbhai Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Express Equipment Rental & Logistics Private Limited is Kulkarni Patil Bhavan Opp. New Empire Cinema 14 Murzban Road Fort, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Express Equipment Rental & Logistics Private Limited is U63011MH2007PTC174073 and the company number is 174073 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Express Equipment Rental & Logistics Private Limited is https://www.cranehiringindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Express Equipment Rental & Logistics Private Limited has risen by 13.60%.

  • As Per 2023 financial reports, 352 employees are currently employed by Express Equipment Rental & Logistics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Express Equipment Rental & Logistics Private Limited has experienced an upsurge of 35.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Express Equipment Rental & Logistics Private Limited amount to ₹ 38.83 Cr.

  • The most recent Balance Sheet for Express Equipment Rental & Logistics Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Equipment Leasing & Financing