Portage Global Logistics India Private Limited

Integrated logistics services provider offering sea, air, road transportation, warehousing, and supply chain consultancy.

2020 | Thane, Maharashtra (India) | Active
Last Updated: November 02, 2024

Portage Global Logistics India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.70 Cr
  • Revenue Growth 33.08%
  • Profit Growth 168.13%
  • Ebitda -96.18%
  • Net Worth 142.49%
  • Total Assets 68.19%

About Portage Global Logistics India

Portage Global Logistics India Private Limited (PGLIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2020 (Four years and seven months 30 days old ). 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹2.70 Cr.

Rajesh Shetkar and Rajaram Iyer 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

    U74999MH2020PTC340194

  • Company No.

    340194

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Portage Global Logistics India?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajaram Iyer Country flag representing In Managing Director02-Jun-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Rajesh Shetkar Country flag representing In Additional Director 01-Apr-2023Current

Financial Performance of Portage Global Logistics India.

Portage Global Logistics India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.08% increase. The company also saw a substantial improvement in profitability, with a 168.13% increase in profit. The company's net worth Soared by an impressive increase of 142.49%.

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
33.08%
Revenue from Operations
32.96%
Total Assets
68.19%
Profit or Loss
168.13%
Net Worth
142.49%
EBITDA
-96.18%

What is the Ownership and Shareholding Structure of Portage Global Logistics India?

Unlock access to Portage Global Logistics India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.04 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.00 Cr
  • Others : 0.50 Cr
  • Axis Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2023Yes Bank Limited₹2.00 CrOpen
22 Jul 2021Others₹5.00 MOpen
15 Jan 2021Axis Bank Limited₹2.04 MOpen

How Many Employees Work at Portage Global Logistics India?

Portage Global Logistics India has a workforce of 21 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Portage Global Logistics India, 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 Portage Global Logistics India'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 Portage Global Logistics India

Recent activity within the organization

  • Annual General Meeting

    Portage Global Logistics India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 20.00 M with Charge ID 100764595 was registered on 27 Jul 2023.

    27 Jul 2023

  • Director Appointment

    Rajesh Ladoba Shetkar was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Balance Sheet

    Portage Global Logistics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100472669 was registered on 22 Jul 2021.

    22 Jul 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.04 M with Charge ID 100413659 was registered on 15 Jan 2021.

    15 Jan 2021

Frequently asked questions

  • Portage Global Logistics India Private Limited was incorporated on 02 Jun 2020.

  • The authorized share capital of Portage Global Logistics India Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Portage Global Logistics India Private Limited.

    • Rajesh Ladoba Shetkar
    • Rajaram Venkatachalam Iyer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Portage Global Logistics India Private Limited is Officeno.310 3Rdfloor Vtimessquare Plotno.3Sector-15, Cbdbelapur India, Navi Mumbai, Maharashtra, 400614.

  • The corporate identification number (CIN) of Portage Global Logistics India Private Limited is U74999MH2020PTC340194 and the company number is 340194 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Portage Global Logistics India Private Limited is https://www.pglpl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Portage Global Logistics India Private Limited has risen by 33.08%.

  • As Per 2023 financial reports, 21 employees are currently employed by Portage Global Logistics India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Portage Global Logistics India Private Limited has experienced an upsurge of 142.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Portage Global Logistics India Private Limited amount to ₹ 2.70 Cr.

  • The most recent Balance Sheet for Portage Global Logistics India Private Limited was filed with the ROC on 31 Mar 2023.

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