Jetspeed Logistics Private Limited

Logistics company providing air, ocean, customs, project, and value-added services in India.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: January 16, 2025

Jetspeed Logistics Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 9.90 Cr
  • Revenue Growth -22.19%
  • Profit Growth -47.48%
  • Ebitda -44.01%
  • Net Worth 24.95%
  • Total Assets -24.47%

About Jetspeed Logistics

Jetspeed Logistics Private Limited (JLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 2006 and has a history of 18 years and ten 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 2.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹9.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shailendra Matolia, Sudha Matolia, Nilesh Matolia, and Three 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

    U63090MH2006PTC160756

  • Company No.

    160756

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2006

  • 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 Jetspeed Logistics Private Limited offer?

Jetspeed Logistics Private Limited offers a wide range of products and services, including Cargo Transportation Services, Air Cargo Service, Logistics Service, Forwarding & Custom Clearing, Freight Forwarding Services, Clearing & Forwarding Services, Custom Clearing Service, Mobile Communication Services, Mobile Value Added Services, Sea Freight Forwarding.

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

Executive Team (1)

Name Designation Appointment Date Status
Shailendra Matolia Country flag representing In Managing Director 28-May-2010 Current

Board Members (5)

Name Designation Appointment Date Status
Nilesh Matolia Country flag representing In Whole-Time Director 27-Mar-2006 Current
Ajay Sharma Country flag representing In Whole-Time Director 24-Jan-2008 Current
Sudha Matolia Country flag representing In Director 27-Mar-2006 Current
Rekha Matolia Country flag representing In Whole-Time Director 18-Aug-2008 Current
Siddharth Matolia Country flag representing In Whole-Time Director 01-Apr-2021 Current

Financial Performance of Jetspeed Logistics.

Jetspeed Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.19% decrease. The company also saw a substantial fall in profitability, with a 47.48% decrease in profit. The company's net worth Soared by an impressive increase of 24.95%.

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
-22.19%
Revenue from Operations
-22.03%
Total Assets
-24.47%
Profit or Loss
-47.48%
Net Worth
24.95%
EBITDA
-44.01%

What is the Ownership and Shareholding Structure of Jetspeed Logistics?

In 2023, Jetspeed 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

₹80.00 M

Satisfied Charges

₹99.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Jun 2023 Hdfc Bank Limited ₹8.00 Cr Open
04 Oct 2021 Others ₹6.40 Cr Satisfied
21 Dec 2017 Citi Bank N.A. ₹3.00 Cr Satisfied
16 Jan 2015 Hdfc Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Jetspeed Logistics?

Jetspeed Logistics has a workforce of 118 employees as of Mar 27, 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 Jetspeed 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 Jetspeed 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 Jetspeed Logistics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.00 M registered on 20 Jun 2023 with Charge ID 100736036 was modified on 20 Sep 2024.

    20 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 80.00 M with Charge ID 100736036 was registered on 20 Jun 2023.

    20 Jun 2023

  • Charges

    A charge registered on 04 Oct 2021 via Charge ID 100508111 with Others was fully satisfied on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge with Others of Rs. 64.00 M registered on 04 Oct 2021 with Charge ID 100508111 was modified on 27 Apr 2022.

    27 Apr 2022

Frequently asked questions

  • Jetspeed Logistics Private Limited was incorporated on 27 Mar 2006.

  • The authorized share capital of Jetspeed Logistics Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 6 directors are associated with Jetspeed Logistics Private Limited.

    • Shailendra Matolia
    • Sudha Matolia
    • Nilesh Satyanarayan Matolia
    • Rekha Nilesh Matolia
    • Ajay Sharma
    • Siddharth Matolia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jetspeed Logistics Private Limited is Office No. 601/602 6Th Floor K P Aurumbuilding Marol Maroshi Road, Andheri East India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Jetspeed Logistics Private Limited is U63090MH2006PTC160756 and the company number is 160756 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jetspeed Logistics Private Limited is https://www.jetspeed.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jetspeed Logistics Private Limited has fallen by -22.19%.

  • As Per 2023 financial reports, 118 employees are currently employed by Jetspeed Logistics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jetspeed Logistics Private Limited has experienced an upsurge of 24.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jetspeed Logistics Private Limited amount to ₹ 8.00 Cr.

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

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