Lynks Logistics Profile
Key Indicators
- Authorised Capital ₹ 600.00 Cr
- Paid Up Capital ₹ 223.59 Cr
- Company Age 9 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 32.00 Cr
- Satisfied Charges ₹ 55.00 Cr
- Revenue Growth 159.71%
- Profit Growth -73.82%
- Ebitda -70.66%
- Net Worth -18.75%
- Total Assets 74.15%
About Lynks Logistics
Lynks Logistics Limited (LLL) is a Public Limited Indian Non-Government Company incorporated in India on 18 December 2015 (Nine years and two months 15 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Food And Beverages 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 600.00 Cr and a paid-up capital of Rs 223.59 Cr.
The company currently has active open charges totaling ₹32.00 Cr. The company has closed loans amounting to ₹55.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lynks Logistics Limited India are Raja Anand as CFO and Venkatraman Ramachandran as Company Secretary. Mahesh Shankar, Kalpana Gowda, and Shekhar Bhende serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U60200TN2015PLC103367
- Company No.
103367
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Dec 2015
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Food and Beverages
E-Commerce
Transport and Logistics
Who are the key members and board of directors at Lynks Logistics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raja Anand | CFO | 26-Jul-2024 | Current |
| Venkatraman Ramachandran | Company Secretary | 26-Aug-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Shankar  | Director | 29-Aug-2023 | Current |
| Kalpana Gowda | Director | 29-Aug-2023 | Current |
Shekhar Bhende  | Whole-Time Director | 30-Dec-2015 | Current |
Financial Performance of Lynks Logistics.
Lynks Logistics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 159.71% increase. The company also saw a substantial fall in profitability, with a 73.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Lynks Logistics?
In 2022, Lynks Logistics had a promoter holding of 91.32% and a public holding of 8.69%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ycp Solidiance Private LimitedMahesh Shankar is a mutual person
Charges (Loans)
Open Charges
₹32.00 Cr
Satisfied Charges
₹55.00 Cr
Charges Breakdown by Lending Institutions
- Others : 32.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2018 | Others | ₹32.00 Cr | Open |
| 31 Mar 2022 | Others | ₹20.00 Cr | Satisfied |
| 17 Feb 2022 | Hdfc Bank Limited | ₹35.00 Cr | Satisfied |
How Many Employees Work at Lynks Logistics?
Lynks Logistics has a workforce of 230 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lynks 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 Lynks Logistics's trajectory.
Rating
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
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 Lynks Logistics
Recent activity within the organization
- Annual General Meeting
Lynks Logistics Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Director Appointment
Raja Anand was appointed as a Cfo was appointed as a Cfo on 26 Jul 2024 & has been associated with this company since 7 months 6 days .
- Charges
A charge registered on 17 Feb 2022 via Charge ID 100545926 with Hdfc Bank Limited was fully satisfied on 24 Jul 2024.
- Charges
A charge registered on 31 Mar 2022 via Charge ID 100563679 with Others was fully satisfied on 27 May 2024.
- Balance Sheet
Lynks Logistics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Mahesh Jagajjiven Shankar was appointed as a Director was appointed as a Director on 29 Aug 2023 & has been associated with this company since 1 year 6 months .
Recent News, Updates & Announcement
Swiggy Enters India’s Food, Grocery Retail Market By Acquiring THIS Company – Details.With the acquisition, Swiggy enters India’s food and grocery retail market, which is amongst the world’s largest and fastest-growing, estimated to be USD 570 billion in size and expected to grow at 8 per cent year-on-year. Founded in 2014, Swiggy is India’s leading on-demand convenience platform with a vision to elevate the quality of life for the urban consumer by offering unparalleled convenience..
- Swiggy Acquires Lynk, Expands into Retail Distribution with Ramco Cements and Other Acquisitions Amidst Market Challenges.
Swiggy buys Lynk, a retail logistics startup with 100,000 stores. Ramco Cements will sell shares to Swiggy's parent company. Lynk will still be independent. Swiggy can now expand into retail distribution. India's food and grocery market is worth $570 billion. Swiggy's losses increased by 80% in 2022-23. Swiggy has also acquired Rapido and Dineout. Swiggy's valuation has been marked down twice..
Frequently asked questions
What is the Incorporation or founding date of Lynks Logistics Limited?
Lynks Logistics Limited was incorporated on 18 Dec 2015.
What is authorized share capital and paid-up capital of Lynks Logistics Limited?
The authorized share capital of Lynks Logistics Limited is ₹ 600.00 Cr and paid-up capital is ₹ 223.59 Cr.
Who are the current board members & directors of Lynks Logistics Limited?
Currently 5 directors are associated with Lynks Logistics Limited.
- Mahesh Jagajjiven Shankar
- Raja Anand
- Venkatraman Ramachandran
- Kalpana Hanumanthe Gowda
- Shekhar Rajan Bhende
What is the registered address of Lynks Logistics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lynks Logistics Limited is Apex Towers First Floor Door No. 54 Old 42 Second Main Road, India, Chennai City Corporation, Tamil Nadu, 600028.
What is the corporate identification number (CIN) and company number of Lynks Logistics Limited?
The corporate identification number (CIN) of Lynks Logistics Limited is U60200TN2015PLC103367 and the company number is 103367 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lynks Logistics Limited?
The Official website of Lynks Logistics Limited is https://www.lynk.co.in
What has been the recent revenue trend for Lynks Logistics Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Lynks Logistics Limited has risen by 159.71%.
How many employees does Lynks Logistics Limited currently have?
As Per 2022 financial reports, 230 employees are currently employed by Lynks Logistics Limited.
What change has been observed in the net worth of Lynks Logistics Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Lynks Logistics Limited has experienced an downturn of -18.75%.
What are the total open charges for Lynks Logistics Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Lynks Logistics Limited amount to ₹ 32.00 Cr.
When was the last Balance Sheet of Lynks Logistics Limited filed with the ROC?
The most recent Balance Sheet for Lynks Logistics Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
PR
Poosapadi RajaDirectorVD
Vinod DasariDirectorAD
Arrakundal DharmakrishnanDirectorPA
Poosapadi AbinavramasubramaniamrajaDirectorNC
Nirmal CariappaDirectorPR
Posapadi RajaDirector
Similar Companies Based on Moving & Relocation Services
Nestle India Limited New Delhi, India
Pepsico India Holdings Private Limited Gurugram, Haryana, India
Kiranakart Technologies Private Limited Mumbai, Maharashtra, India
Fair Exports (India) Private Limited Mumbai, Maharashtra, India
Allanasons Private Limited Mumbai, Maharashtra, India- Frigerio Conserva Allana Private Limited Mumbai, Maharashtra, India
Merabo Labs Private Limited Jaipur, Rajasthan, India
Haldiram Snacks Private Limited Gurugram, Haryana, India