Parekh Innovative Logistics Solutions Private Limited

Provides transportation services through its registered office in Mumbai since 1982.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated:

Parekh Innovative Logistics Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 42 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 44.15 Cr
  • Revenue Growth 26.13%
  • Profit Growth 178.02%
  • Ebitda -73.03%
  • Net Worth 25.85%
  • Total Assets 13.35%

About Parekh Innovative Logistics Solutions

Parekh Innovative Logistics Solutions Private Limited (PILSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 1982 and has a history of 42 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Morganite Trading Co Ltd. 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 0.90 M.

The company has closed loans amounting to ₹44.15 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mukesh Maniar, Nimish Parekh, and Punit Mehra serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1982PTC027365

  • Company No.

    027365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1982

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics
Company report

Parekh Innovative Logistics Solutions Private Limited

Explore comprehensive data for Parekh Innovative Logistics Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Parekh Innovative Logistics Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Nimish Parekh Country flag representing In Director 03-Nov-2023Current
Mukesh Maniar Country flag representing In Director 26-Nov-1992Current
Punit Mehra Country flag representing In Director 03-Nov-2023Current

Financial Performance of Parekh Innovative Logistics Solutions.

Parekh Innovative Logistics Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.13% increase. The company also saw a substantial improvement in profitability, with a 178.02% increase in profit. The company's net worth Soared by an impressive increase of 25.85%.

Parekh Innovative Logistics Solutions revenue growth over time
Parekh Innovative Logistics Solutions 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
26.13%
Revenue from Operations
17.76%
Total Assets
13.35%
Profit or Loss
178.02%
Net Worth
25.85%
EBITDA
-73.03%

What is the Ownership and Shareholding Structure of Parekh Innovative Logistics Solutions?

In 2023, Parekh Innovative Logistics Solutions 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

₹0

Satisfied Charges

₹441.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 39.15 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2013Others₹5.00 CrSatisfied
06 Jun 2008Hdfc Bank Limited₹39.15 CrSatisfied

How Many Employees Work at Parekh Innovative Logistics Solutions?

Parekh Innovative Logistics Solutions has a workforce of 86 employees as of Mar 30, 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.

Employee growth trends for Parekh Innovative Logistics Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parekh Innovative Logistics Solutions, 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 Parekh Innovative Logistics Solutions'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 Parekh Innovative Logistics Solutions

Recent activity within the organization

  • Director Appointment

    Nimish Vikram Parekh was appointed as a Director was appointed as a Director on 03 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Punit Omprakash Mehra was appointed as a Director was appointed as a Director on 03 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Annual General Meeting

    Parekh Innovative Logistics Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Parekh Innovative Logistics Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 26 Nov 2013 via Charge ID 10464398 with Others was fully satisfied on 28 Jun 2021.

  • Charges

    A charge registered on 06 Jun 2008 via Charge ID 10115032 with Hdfc Bank Limited was fully satisfied on 20 Dec 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Parekh Innovative Logistics Solutions Private Limited?

    Parekh Innovative Logistics Solutions Private Limited was incorporated on 09 Jun 1982.

  • What is authorized share capital and paid-up capital of Parekh Innovative Logistics Solutions Private Limited?

    The authorized share capital of Parekh Innovative Logistics Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Who are the current board members & directors of Parekh Innovative Logistics Solutions Private Limited?

    Currently 3 directors are associated with Parekh Innovative Logistics Solutions Private Limited.

    • Mukesh Mahendrakumar Maniar
    • Nimish Vikram Parekh
    • Punit Omprakash Mehra
  • What is the registered address of Parekh Innovative Logistics Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parekh Innovative Logistics Solutions Private Limited is C/O Parekh Prints 1St Floor Iit Bhatti Italian Textile Compound, Goregaon (East ) India, Mumbai, Maharashtra, 400063.

  • What is the corporate identification number (CIN) and company number of Parekh Innovative Logistics Solutions Private Limited?

    The corporate identification number (CIN) of Parekh Innovative Logistics Solutions Private Limited is U51900MH1982PTC027365 and the company number is 027365 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Parekh Innovative Logistics Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Parekh Innovative Logistics Solutions Private Limited has risen by 26.13%.

  • How many employees does Parekh Innovative Logistics Solutions Private Limited currently have?

    As Per 2022 financial reports, 86 employees are currently employed by Parekh Innovative Logistics Solutions Private Limited.

  • What change has been observed in the net worth of Parekh Innovative Logistics Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Parekh Innovative Logistics Solutions Private Limited has experienced an upsurge of 25.85%.

  • When was the last Balance Sheet of Parekh Innovative Logistics Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Parekh Innovative Logistics Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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