Sahara Express Courier Private Limited

Provides courier and logistics services with multiple branches and efficient facilities.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 29, 2024

Sahara Express Courier Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.85 Cr
  • Satisfied Charges ₹ 12.20 Cr
  • Revenue Growth 31.67%
  • Profit Growth 257.40%
  • Ebitda 15.25%
  • Net Worth 5.66%
  • Total Assets 8.08%

About Sahara Express Courier

Sahara Express Courier Private Limited (SECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2008 and has a history of 16 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹16.85 Cr. The company has closed loans amounting to ₹12.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nethaji Chitrarasu, Santharam Sivaraman, Chithra Chitrarasu, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saharaexpress.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64120TN2008PTC069169

  • Company No.

    069169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

What products or services does Sahara Express Courier Private Limited offer?

Sahara Express Courier Private Limited offers a wide range of products and services, including Parcel Delivery Services, Transport Agents & Bulk Carriers, Logistics Service, Courier Service.

Who are the key members and board of directors at Sahara Express Courier?

Board Members (4)

Name Designation Appointment Date Status
Nethaji Chitrarasu Country flag representing In Director 05-Sep-2008 Current
Santharam Sivaraman Country flag representing In Director 05-Sep-2008 Current
Chithra Chitrarasu Country flag representing In Director 01-Apr-2011 Current
Prasanna Praveena Country flag representing In Director 01-Apr-2011 Current

Financial Performance of Sahara Express Courier.

Sahara Express Courier Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.67% increase. The company also saw a substantial improvement in profitability, with a 257.4% increase in profit. The company's net worth moved up by a moderate rise of 5.66%.

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
31.67%
Revenue from Operations
31.93%
Total Assets
8.08%
Profit or Loss
257.40%
Net Worth
5.66%
EBITDA
15.25%

What is the Ownership and Shareholding Structure of Sahara Express Courier?

In 2023, Sahara Express Courier 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

₹168.52 M

Satisfied Charges

₹122.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.19 Cr
  • Yes Bank Limited : 4.51 Cr
  • Canara Bank : 0.11 Cr
  • Axis Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
18 Mar 2021 Others ₹12.19 Cr Open
20 Aug 2020 Yes Bank Limited ₹5.40 M Open
19 Aug 2020 Yes Bank Limited ₹1.72 M Open
11 Jan 2018 Yes Bank Limited ₹3.80 Cr Open
11 Nov 2014 Axis Bank Limited ₹0.45 M Open

How Many Employees Work at Sahara Express Courier?

Sahara Express Courier has a workforce of 246 employees as of Apr 06, 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 Sahara Express Courier, 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 Sahara Express Courier'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 Sahara Express Courier

Recent activity within the organization

  • Annual General Meeting

    Sahara Express Courier Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sahara Express Courier Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 121.90 M with Charge ID 100438502 was registered on 18 Mar 2021.

    18 Mar 2021

  • Charges

    A charge registered on 20 Mar 2019 via Charge ID 100273943 with Others was fully satisfied on 02 Mar 2021.

    02 Mar 2021

  • Charges

    A charge registered on 18 Jan 2018 via Charge ID 100163079 with Others was fully satisfied on 02 Mar 2021.

    02 Mar 2021

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 5.40 M with Charge ID 100368248 was registered on 20 Aug 2020.

    20 Aug 2020

Frequently asked questions

  • Sahara Express Courier Private Limited was incorporated on 05 Sep 2008.

  • The authorized share capital of Sahara Express Courier Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Sahara Express Courier Private Limited.

    • Nethaji Chitrarasu
    • Santharam Sivaraman
    • Chithra Chitrarasu
    • Prasanna Praveena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sahara Express Courier Private Limited is No20/32 Kamdar Nagar Main Road Nungambakkam, Chennai, Tamil Nadu, India, 600034.

  • The corporate identification number (CIN) of Sahara Express Courier Private Limited is U64120TN2008PTC069169 and the company number is 069169 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sahara Express Courier Private Limited is https://www.saharaexpress.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sahara Express Courier Private Limited has risen by 31.67%.

  • As Per 2023 financial reports, 246 employees are currently employed by Sahara Express Courier Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sahara Express Courier Private Limited has experienced an upsurge of 5.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sahara Express Courier Private Limited amount to ₹ 16.85 Cr.

  • The most recent Balance Sheet for Sahara Express Courier Private Limited was filed with the ROC on 31 Mar 2023.