Meerut City Transport Services Limited

Provides transportation services through passenger coaches, metro, and other vehicles.

2010 | Meerut, Uttar Pradesh (India) | Active
Last Updated: January 10, 2025

Meerut City Transport Services Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 4.04 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 24.14%
  • Profit Growth -84.76%
  • Ebitda 11.88%
  • Net Worth 34624.64%
  • Total Assets 454.99%

About Meerut City Transport Services

Meerut City Transport Services Limited (MCTSL) is a leading Public Limited State Government Company incorporated in India on 23 June 2010 and has a history of 14 years and eight months. Its registered office is in Meerut, Uttar Pradesh, 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 2019. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 4.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Himesh Tiwari, Kapil Sharma, Lokesh Rajput, and One other member serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60231UP2010SGC041121

  • Company No.

    041121

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    23 Jun 2010

  • Date of AGM

    04 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Transport and Logistics

Who are the key members and board of directors at Meerut City Transport Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Kapil Sharma Country flag representing In Managing Director16-Jul-2021Current
Lokesh Rajput Country flag representing In Managing Director01-Oct-2023Current
Sandeep Nayak Managing Director18-Jan-2024Current

Board Members (1)

NameDesignationAppointment DateStatus
Himesh Tiwari Country flag representing In Nominee Director 19-Jul-2021Current

Financial Performance of Meerut City Transport Services.

Meerut City Transport Services Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 24.14% increase. The company also saw a substantial fall in profitability, with a 84.76% decrease in profit. The company's net worth Soared by an impressive increase of 34624.64%.

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
24.14%
Revenue from Operations
24.14%
Total Assets
454.99%
Profit or Loss
-84.76%
Net Worth
34624.64%
EBITDA
11.88%

What is the Ownership and Shareholding Structure of Meerut City Transport Services?

In 2019, Meerut City Transport Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Meerut City Transport Services?

Meerut City Transport Services has a workforce of 160 employees as of Oct 16, 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 Meerut City Transport Services, 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 Meerut City Transport Services'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 Meerut City Transport Services

Recent activity within the organization

  • Director Appointment

    Sandeep Kumar Nayak was appointed as a Managing Director was appointed as a Managing Director on 18 Jan 2024 & has been associated with this company since 1 year 1 month .

    18 Jan 2024

  • Director Appointment

    Lokesh Kumar Rajput was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2023 & has been associated with this company since 1 year 4 months .

    01 Oct 2023

  • Director Appointment

    Himesh Tiwari was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jul 2021 & has been associated with this company since 3 years 7 months .

    19 Jul 2021

  • Director Appointment

    Kapil Kumar Sharma was appointed as a Managing Director was appointed as a Managing Director on 16 Jul 2021 & has been associated with this company since 3 years 7 months .

    16 Jul 2021

  • Annual General Meeting

    Meerut City Transport Services Limited last Annual general meeting of members was held on 04 Sep 2019 as per latest MCA records.

    04 Sep 2019

  • Balance Sheet

    Meerut City Transport Services Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Kanpur.

    31 Mar 2019

Frequently asked questions

  • Meerut City Transport Services Limited was incorporated on 23 Jun 2010.

  • The authorized share capital of Meerut City Transport Services Limited is ₹ 17.00 Cr and paid-up capital is ₹ 4.04 Cr.

  • Currently 4 directors are associated with Meerut City Transport Services Limited.

    • Himesh Tiwari
    • Kapil Kumar Sharma
    • Lokesh Kumar Rajput
    • Sandeep Kumar Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meerut City Transport Services Limited is Bus Stand Sohrab Gate, Garh Road India, Meerut, Uttar Pradesh, 250002.

  • The corporate identification number (CIN) of Meerut City Transport Services Limited is U60231UP2010SGC041121 and the company number is 041121 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Meerut City Transport Services Limited has risen by 24.14%.

  • As Per 2017 financial reports, 160 employees are currently employed by Meerut City Transport Services Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Meerut City Transport Services Limited has experienced an upsurge of 34624.64%.

  • The most recent Balance Sheet for Meerut City Transport Services Limited was filed with the ROC on 31 Mar 2019.

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