Smartshift Logistics Solutions Private Limited

Online platform for booking vehicle services, including trucks, tempo, and packers and movers.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Smartshift Logistics Solutions Profile

Key Indicators

  • Authorised Capital ₹ 142.63 Cr
  • Paid Up Capital ₹ 118.59 Cr
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 51.50 Cr
  • Revenue Growth 107.54%
  • Profit Growth -29.30%
  • Ebitda -45.34%
  • Net Worth -22.22%
  • Total Assets -21.00%

About Smartshift Logistics Solutions

Smartshift Logistics Solutions Private Limited (SLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 2014 and has a history of Ten years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Resfeber Labs Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 142.63 Cr and a paid-up capital of Rs 118.59 Cr.

The company has closed loans amounting to ₹51.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Smartshift Logistics Solutions Private Limited India are Uttam Digga as CEO and Pankaj Shroff as Cfo. Pranav Goel, Shailesh Lakhani, Uttam Digga, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2014PTC306120

  • Company No.

    306120

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2014

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Smartshift Logistics Solutions Private Limited offer?

Smartshift Logistics Solutions Private Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Goods Transport Services.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Uttam Digga CEO01-Aug-2023Current
Pankaj Shroff Country flag representing In CFO24-Mar-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Uttam Digga Country flag representing In Whole-Time Director 20-Mar-2014Current
Shailesh Lakhani Country flag representing Ca Nominee Director 02-Feb-2018Current
Pranav Goel Country flag representing In Whole-Time Director 20-Mar-2014Current
Vaidhehi Ravindran Country flag representing In Director 25-Sep-2020Current
Puneet Renjhen Country flag representing In Additional Director 12-Aug-2024Current
Jasmine Kaur Country flag representing In Additional Director 12-Aug-2024Current

Financial Performance of Smartshift Logistics Solutions.

Smartshift Logistics Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.54% increase. The company also saw a substantial fall in profitability, with a 29.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.22%.

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
107.54%
Revenue from Operations
106.87%
Total Assets
-21.00%
Profit or Loss
-29.30%
Net Worth
-22.22%
EBITDA
-45.34%

What is the Ownership and Shareholding Structure of Smartshift Logistics Solutions?

In 2023, Smartshift Logistics Solutions had a promoter holding of 58.30% and a public holding of 41.71%. 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

₹51.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.50 Cr
  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2019Others₹25.00 CrSatisfied
27 Dec 2017Others₹6.50 CrSatisfied
30 Jun 2015Hdfc Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Smartshift Logistics Solutions?

Smartshift Logistics Solutions has a workforce of 2421 employees as of Jul 31, 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 Smartshift 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 Smartshift 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 Smartshift Logistics Solutions

Recent activity within the organization

  • Director Appointment

    Puneet Renjhen was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2024 & has been associated with this company since 5 months 20 days .

    12 Aug 2024

  • Director Appointment

    Jasmine Kaur was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2024 & has been associated with this company since 5 months 20 days .

    12 Aug 2024

  • Annual General Meeting

    Smartshift Logistics Solutions Private Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Balance Sheet

    Smartshift Logistics Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vaidhehi Ravindran was appointed as a Director was appointed as a Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Charges

    A charge registered on 15 Jan 2019 via Charge ID 100236865 with Others was fully satisfied on 19 Aug 2020.

    19 Aug 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Smartshift Logistics Solutions Private Limited was incorporated on 20 Mar 2014.

  • The authorized share capital of Smartshift Logistics Solutions Private Limited is ₹ 142.63 Cr and paid-up capital is ₹ 118.59 Cr.

  • Currently 8 directors are associated with Smartshift Logistics Solutions Private Limited.

    • Pranav Goel
    • Shailesh Lakhani
    • Uttam Digga
    • Vaidhehi Ravindran
    • Puneet Renjhen
    • Jasmine Kaur
    • Uttam Digga
    • Pankaj Shroff
  • As per Ministry of Corporate Affairs (Mca), the registered address of Smartshift Logistics Solutions Private Limited is No A-501 A-502 B–504 B–505 And B-506 5Th Floor Universal Business Park Chandivali, Heri (E) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Smartshift Logistics Solutions Private Limited is U74999MH2014PTC306120 and the company number is 306120 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Smartshift Logistics Solutions Private Limited is https://www.porter.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Smartshift Logistics Solutions Private Limited has risen by 107.54%.

  • As Per 2023 financial reports, 2421 employees are currently employed by Smartshift Logistics Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Smartshift Logistics Solutions Private Limited has experienced an downturn of -22.22%.

  • The most recent Balance Sheet for Smartshift Logistics Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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