Punit Reach Logistics Private Limited

Constructs and leases industrial warehouses in Bangalore, promoted by Amar Rahman since 2006.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Punit Reach Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 185.62 Cr
  • Revenue Growth -27.58%
  • Profit Growth -33.66%
  • Ebitda -0.85%
  • Net Worth 3.38%
  • Total Assets -7.81%

About Punit Reach Logistics

Punit Reach Logistics Private Limited (PRLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 November 2006 and has a history of 18 years and five months. Its registered office is in Chennai, Tamil Nadu.

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 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹185.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amar Rahman, Sundararajan Seshadri, and Srikkanth Pathanjaleefswaran serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63023TN2006PTC068848

  • Company No.

    068848

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics
Company report

Punit Reach Logistics Private Limited

Explore comprehensive data for Punit Reach Logistics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Punit Reach Logistics?

Board Members (3)

NameDesignationAppointment DateStatus
Amar Rahman Country flag representing In Director 10-Mar-2007Current
Sundararajan Seshadri Country flag representing In Director 19-Jan-2022Current
Srikkanth Pathanjaleefswaran Country flag representing In Director 19-Jan-2022Current

Financial Performance of Punit Reach Logistics.

Punit Reach Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.58% decrease. The company also saw a substantial fall in profitability, with a 33.66% decrease in profit. The company's net worth moved up by a moderate rise of 3.38%.

Punit Reach Logistics revenue growth over time
Punit Reach Logistics 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
-27.58%
Revenue from Operations
-27.65%
Total Assets
-7.81%
Profit or Loss
-33.66%
Net Worth
3.38%
EBITDA
-0.85%

What is the Ownership and Shareholding Structure of Punit Reach Logistics?

In 2023, Punit Reach Logistics had a promoter holding of 84.00% and a public holding of 16.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹1,856.20 M

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2022Others₹2.00 CrOpen
28 Mar 2013Bank Of Baroda₹93.84 CrSatisfied
22 Nov 2007Bank Of India₹91.78 CrSatisfied

How Many Employees Work at Punit Reach Logistics?

Unlock and access historical data on people associated with Punit Reach Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Punit Reach Logistics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punit Reach 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 Punit Reach Logistics'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 Punit Reach Logistics

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 20.00 M registered on 15 Sep 2022 with Charge ID 100608918 was modified on 07 Aug 2023.

  • Balance Sheet

    Punit Reach Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100608918 was registered on 15 Sep 2022.

  • Director Appointment

    Sundararajan Seshadri was appointed as a Director was appointed as a Director on 19 Jan 2022 & has been associated with this company since 3 years 3 months .

  • Director Appointment

    Srikkanth Pathanjaleefswaran was appointed as a Director was appointed as a Director on 19 Jan 2022 & has been associated with this company since 3 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Punit Reach Logistics Private Limited?

    Punit Reach Logistics Private Limited was incorporated on 08 Nov 2006.

  • What is authorized share capital and paid-up capital of Punit Reach Logistics Private Limited?

    The authorized share capital of Punit Reach Logistics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Punit Reach Logistics Private Limited?

    Currently 3 directors are associated with Punit Reach Logistics Private Limited.

    • Amar Rahman
    • Sundararajan Seshadri
    • Srikkanth Pathanjaleefswaran

  • What is the registered address of Punit Reach Logistics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Punit Reach Logistics Private Limited is New No 173 Old 103 9Th Floor Block-B Navin'S Presidium Nelson Manickam Road, A Minjikarai India, Chennai, Tamil Nadu, 600029.

  • What is the corporate identification number (CIN) and company number of Punit Reach Logistics Private Limited?

    The corporate identification number (CIN) of Punit Reach Logistics Private Limited is U63023TN2006PTC068848 and the company number is 068848 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Punit Reach Logistics Private Limited?

    The Official website of Punit Reach Logistics Private Limited is https://www.asgroup.co.in

  • What has been the recent revenue trend for Punit Reach Logistics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Punit Reach Logistics Private Limited has fallen by -27.58%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Punit Reach Logistics Private Limited has experienced an upsurge of 3.38%.

  • What are the total open charges for Punit Reach Logistics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Punit Reach Logistics Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Punit Reach Logistics Private Limited filed with the ROC?

    The most recent Balance Sheet for Punit Reach Logistics Private Limited was filed with the ROC on 31 Mar 2023.

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