Log 9 Mobility Private Limited

Leases electric vehicles and provides battery-as-a-service in multiple cities.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Log 9 Mobility Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 3 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.77 Cr
  • Revenue Growth 12810.56%
  • Profit Growth -926.66%
  • Ebitda -578.57%
  • Net Worth -1035.98%
  • Total Assets 10.12%

About Log 9 Mobility

Log 9 Mobility Private Limited (L9MPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 December 2021 (Three years and one month 23 days old ). Its registered office is in Bangaluru, Karnataka, 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 3.50 M and a paid-up capital of Rs 2.80 M.

The company currently has active open charges totaling ₹45.77 Cr.

Kartik Hajela and Akshay Singhal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50400KA2021PTC155394

  • Company No.

    155394

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2021

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

Who are the key members and board of directors at Log 9 Mobility?

Board Members (2)

NameDesignationAppointment DateStatus
Kartik Hajela Country flag representing In Director 08-Dec-2021Current
Akshay Singhal Country flag representing In Director 08-Dec-2021Current

Financial Performance of Log 9 Mobility.

Log 9 Mobility Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12810.56% increase. The company also saw a substantial fall in profitability, with a 926.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1035.98%.

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
12810.56%
Revenue from Operations
21377.63%
Total Assets
10.12%
Profit or Loss
-926.66%
Net Worth
-1035.98%
EBITDA
-578.57%

What is the Ownership and Shareholding Structure of Log 9 Mobility?

In 2023, Log 9 Mobility 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

₹457.66 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 45.77 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2024Others₹3.00 CrOpen
27 Jun 2024Others₹3.02 CrOpen
02 Jan 2024Others₹6.25 CrOpen
14 Jun 2023Others₹5.00 CrOpen
24 Mar 2023Others₹5.00 MOpen

How Many Employees Work at Log 9 Mobility?

Log 9 Mobility has a workforce of 37 employees as of Mar 31, 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 Log 9 Mobility, 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 Log 9 Mobility'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 Log 9 Mobility

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100990220 was registered on 03 Oct 2024.

    03 Oct 2024

  • Annual General Meeting

    Log 9 Mobility Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 30.16 M with Charge ID 100952857 was registered on 27 Jun 2024.

    27 Jun 2024

  • Balance Sheet

    Log 9 Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 62.50 M with Charge ID 100837596 was registered on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100757025 was registered on 14 Jun 2023.

    14 Jun 2023

Frequently asked questions

  • Log 9 Mobility Private Limited was incorporated on 08 Dec 2021.

  • The authorized share capital of Log 9 Mobility Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.80 M.

  • Currently 2 directors are associated with Log 9 Mobility Private Limited.

    • Kartik Hajela
    • Akshay V Singhal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Log 9 Mobility Private Limited is 9 Bellary Road Off Jakkur Main Next To Abnuvo Ltd, Layout India, Bangalore, Karnataka, 560092.

  • The corporate identification number (CIN) of Log 9 Mobility Private Limited is U50400KA2021PTC155394 and the company number is 155394 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Log 9 Mobility Private Limited is https://www.log9materials.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Log 9 Mobility Private Limited has risen by 12810.56%.

  • As Per 2023 financial reports, 37 employees are currently employed by Log 9 Mobility Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Log 9 Mobility Private Limited has experienced an downturn of -1035.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Log 9 Mobility Private Limited amount to ₹ 45.77 Cr.

  • The most recent Balance Sheet for Log 9 Mobility Private Limited was filed with the ROC on 31 Mar 2024.