Movar Logistics Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.91 M
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.37 Cr
- Satisfied Charges ₹ 9.00 M
- Revenue Growth -15.83%
- Profit Growth -15.99%
- Ebitda -16.64%
- Net Worth 28.98%
- Total Assets -5.24%
About Movar Logistics
Movar Logistics Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 2006 and has a history of 18 years and eight months. Its registered office is in Indore, Madhya 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.91 M.
The company currently has active open charges totaling ₹1.37 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.
Vijaya Pillai and Oonni Pillai serve as directors at the Company.
Company Details
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Location
Indore, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U63090MP2006PTC018705
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Company No.
018705
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Jun 2006
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
What products or services does Movar Logistics Private Limited offer?
Movar Logistics Private Limited offers a wide range of products and services, including Clearing & Forwarding Services, Freight Forwarding Services.
Who are the key members and board of directors at Movar Logistics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaya Pillai
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Director | 15-Jun-2006 | Current |
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Oonni Pillai
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Director | 15-Jun-2006 | Current |
Financial Performance of Movar Logistics.
Movar Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.83% decrease. The company also saw a substantial fall in profitability, with a 15.99% decrease in profit. The company's net worth Soared by an impressive increase of 28.98%.
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What is the Ownership and Shareholding Structure of Movar Logistics?
In 2023, Movar 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.
Related Corporates (Common Directorship)
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Balaji Cargo Care Private LimitedOonni Pillai is a mutual person
Charges (Loans)
₹13.67 M
₹9.00 M
Charges Breakdown by Lending Institutions
- Others : 0.85 Cr
- Standard Chartered Bank : 0.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2021 | Standard Chartered Bank | ₹5.22 M | Open |
| 12 Oct 2021 | Others | ₹2.95 M | Open |
| 08 Feb 2008 | Others | ₹5.50 M | Open |
| 10 Jan 2018 | Others | ₹7.96 M | Satisfied |
| 16 Jan 2014 | The Karur Vysya Bank Ltd | ₹1.04 M | Satisfied |
How Many Employees Work at Movar Logistics?
Movar Logistics has a workforce of 17 employees as of Apr 05, 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 Movar 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 Movar 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.