Musale Logistics Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.82 M
- Company Age 28 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.37 Cr
- Revenue Growth 64.13%
- Profit Growth -2.97%
- Ebitda -48.94%
- Net Worth 12.20%
- Total Assets 94.09%
About Musale Logistics
Musale Logistics Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 1996 and has a history of 28 years and five months. Its registered office is in Thane, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.82 M.
The company currently has active open charges totaling ₹15.37 Cr.
Vandana Musale and Madhukar Musale serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63020MH1996PTC102535
- Company No.
102535
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 1996
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Musale Logistics Private Limited offer?
Musale Logistics Private Limited offers a wide range of products and services, including Warehousing Services, Goods Warehousing Service, Goods Transport Services, Container Transport Service, Transport Agents & Bulk Carriers, Haulage Services, Forwarding & Custom Clearing, Freight Forwarding Services, Transportation Services, Cargo Transportation Services.
Who are the key members and board of directors at Musale Logistics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhukar Musale  | Managing Director | 12-Sep-1996 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vandana Musale | Director | 12-Sep-1996 | Current |
Financial Performance of Musale Logistics.
Musale Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.13% increase. The company also saw a slight decrease in profitability, with a 2.97% decrease in profit. The company's net worth Soared by an impressive increase of 12.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Musale Logistics?
In 2023, Musale 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.
Charges (Loans)
₹153.66 M
₹0
Charges Breakdown by Lending Institutions
- Others : 9.09 Cr
- Hdfc Bank Limited : 4.35 Cr
- Tjsb Sahakari Bank Limited : 1.51 Cr
- The Thane Janata Sahakari Bank Limited : 0.32 Cr
- The Thane Janata Sahakari Bank Ltd. : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2024 | Hdfc Bank Limited | ₹2.73 Cr | Open |
| 18 Jan 2024 | Others | ₹1.00 Cr | Open |
| 08 Jan 2024 | Others | ₹4.09 M | Open |
| 13 Sep 2023 | Tjsb Sahakari Bank Limited | ₹4.00 M | Open |
| 08 May 2023 | Hdfc Bank Limited | ₹3.38 M | Open |
How Many Employees Work at Musale Logistics?
Musale Logistics has a workforce of 147 employees as of Apr 07, 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 Musale 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 Musale 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.