Smartshift Logistics Solutions Profile
Key Indicators
- Authorised Capital ₹ 142.63 Cr
- Paid Up Capital ₹ 118.59 Cr
- Company Age 10 Year, 11 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 11 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Uttam Digga | CEO | 01-Aug-2023 | Current |
Pankaj Shroff  | CFO | 24-Mar-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Uttam Digga | Whole-Time Director | 20-Mar-2014 | Current |
Shailesh Lakhani  | Nominee Director | 02-Feb-2018 | Current |
| Pranav Goel | Whole-Time Director | 20-Mar-2014 | Current |
| Vaidhehi Ravindran | Director | 25-Sep-2020 | Current |
| Puneet Renjhen | Additional Director | 12-Aug-2024 | Current |
| Jasmine Kaur | Additional Director | 12-Aug-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Shiprocket Private LimitedVaidhehi Ravindran is a mutual person
Zetwerk Manufacturing Businesses Private LimitedShailesh Lakhani is a mutual person
Siddhi Vinayak Agri Processing Private LimitedVaidhehi Ravindran is a mutual person
Chalo Mobility Private LimitedVaidhehi Ravindran is a mutual person
Aryadhan Financial Solutions Private LimitedVaidhehi Ravindran is a mutual person
Arya Collateral Warehousing Services Private LimitedVaidhehi Ravindran is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2019 | Others | ₹25.00 Cr | Satisfied |
| 27 Dec 2017 | Others | ₹6.50 Cr | Satisfied |
| 30 Jun 2015 | Hdfc Bank Limited | ₹20.00 Cr | Satisfied |
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.
Deals i
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
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.
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 6 months 20 days .
- 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 6 months 20 days .
- 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.
- Balance Sheet
Smartshift Logistics Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 5 months .
- Charges
A charge registered on 15 Jan 2019 via Charge ID 100236865 with Others was fully satisfied on 19 Aug 2020.
Recent News, Updates & Announcement
Fairwork India Ratings: Ola and Porter Fail, BigBasket Leads with 6 Points, Only 3 Platforms Have Minimum Wage Policy.Ola and Porter got 0/10 on Fairwork India Ratings for treating gig workers fairly. BigBasket got 6 points, followed by BluSmart, Swiggy, Urban Company, Zomato, Zepto, Flipkart, Amazon Flex. Dunzo and Uber got 1 point each. Only 3 platforms have minimum wage policy. No platform got points for Fair Representation. The report hopes for change in platform economy..
- Porter launches intracity logistics services in Kanpur.
With the launch of operations in Kanpur, Porter will now be operating in 20 cities across the country..
Frequently asked questions
What is the Incorporation or founding date of Smartshift Logistics Solutions Private Limited?
Smartshift Logistics Solutions Private Limited was incorporated on 20 Mar 2014.
What is authorized share capital and paid-up capital of Smartshift Logistics Solutions Private Limited?
The authorized share capital of Smartshift Logistics Solutions Private Limited is ₹ 142.63 Cr and paid-up capital is ₹ 118.59 Cr.
Who are the current board members & directors of Smartshift Logistics Solutions Private Limited?
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
What is the registered address of Smartshift Logistics Solutions Private Limited?
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.
What is the corporate identification number (CIN) and company number of Smartshift Logistics Solutions Private Limited?
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).
What is the official website of Smartshift Logistics Solutions Private Limited?
The Official website of Smartshift Logistics Solutions Private Limited is https://www.porter.in
What has been the recent revenue trend for Smartshift Logistics Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Smartshift Logistics Solutions Private Limited has risen by 107.54%.
How many employees does Smartshift Logistics Solutions Private Limited currently have?
As Per 2023 financial reports, 2421 employees are currently employed by Smartshift Logistics Solutions Private Limited.
What change has been observed in the net worth of Smartshift Logistics Solutions Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Smartshift Logistics Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Smartshift Logistics Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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