Sevenseas Global Express Logistics Private Limited

Founded in 2005 and headquartered in Karnataka, India.

2005 | Bangalore, Karnataka (India) | Active
Last Updated: July 04, 2024

Sevenseas Global Express Logistics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.63 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.48 Cr
  • Revenue Growth -6.16%
  • Profit Growth 3.69%
  • Ebitda -2.99%
  • Net Worth 27.41%
  • Total Assets -4.30%

About Sevenseas Global Express Logistics

Sevenseas Global Express Logistics Private Limited (SGELPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2005 and has a history of 19 years and four months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Ontime Worldwide Logistics 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.63 Cr.

The company currently has active open charges totaling ₹7.48 Cr.


Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090KA2005PTC037293

  • Company No.

    037293

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

What products or services does Sevenseas Global Express Logistics Private Limited offer?

Sevenseas Global Express Logistics Private Limited offers a wide range of products and services, including Clearing & Forwarding Services, Custom Clearing Service, Freight Forwarding Services, Sea Freight Forwarding, Logistics Service, Cargo Transportation Services, Air Cargo Service, Warehouses and Warehousing Agents, Warehousing Services, Forwarding & Custom Clearing.

Who are the key members and board of directors at Sevenseas Global Express Logistics?

Executive Team (1)

Name Designation Appointment Date Status
Biju Thomas Country flag representing In Managing Director 31-Aug-2007 Current

Board Members (3)

Name Designation Appointment Date Status
Arunkumar Chemmayath Country flag representing In Director 30-May-2016 Current
Tossy Joseph Country flag representing In Director 19-Jul-2010 Current
Sherly Biju Country flag representing In Director 31-Aug-2007 Current

Financial Performance of Sevenseas Global Express Logistics.

Sevenseas Global Express Logistics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.16% decrease. The company also saw a slight improvement in profitability, with a 3.69% increase in profit. The company's net worth Soared by an impressive increase of 27.41%.

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
-6.16%
Revenue from Operations
-6.54%
Total Assets
-4.30%
Profit or Loss
3.69%
Net Worth
27.41%
EBITDA
-2.99%

What is the Ownership and Shareholding Structure of Sevenseas Global Express Logistics?

In 2023, Sevenseas Global Express Logistics had a promoter holding of 98.67% and a public holding of 1.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.48 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2023 Others ₹6.55 M Open
01 Aug 2022 Others ₹6.53 M Open
25 Jul 2022 Others ₹3.00 M Open
25 Jul 2022 Others ₹1.50 M Open
02 Dec 2021 Others ₹6.68 M Open

How Many Employees Work at Sevenseas Global Express Logistics?

Sevenseas Global Express Logistics has a workforce of 374 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 Sevenseas Global Express 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 Sevenseas Global Express 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 Sevenseas Global Express Logistics

Recent activity within the organization

  • Annual General Meeting

    Sevenseas Global Express Logistics 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 Others of Rs. 4.49 Cr registered on 15 Feb 2010 with Charge ID 10211039 was modified on 25 Sep 2023.

    25 Sep 2023

  • Balance Sheet

    Sevenseas Global Express Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.66 Cr with Charge ID 100704806 was registered on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100641091 was registered on 01 Aug 2022.

    01 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100604681 was registered on 25 Jul 2022.

    25 Jul 2022

Frequently asked questions

  • Sevenseas Global Express Logistics Private Limited was incorporated on 22 Sep 2005.

  • The authorized share capital of Sevenseas Global Express Logistics Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.63 Cr.

  • Currently 4 directors are associated with Sevenseas Global Express Logistics Private Limited.

    • Arunkumar Rajanmenon Chemmayath
    • Tossy Joseph
    • Sherly Biju
    • Biju Thomas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sevenseas Global Express Logistics Private Limited is Shivas3Rdfloor39/4OuterringroaddoddanekkundiMarthahalli, Bangalore, Karnataka, India, 560037.

  • The corporate identification number (CIN) of Sevenseas Global Express Logistics Private Limited is U63090KA2005PTC037293 and the company number is 037293 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sevenseas Global Express Logistics Private Limited is https://www.sevenseasexpress.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sevenseas Global Express Logistics Private Limited has fallen by -6.16%.

  • As Per 2023 financial reports, 374 employees are currently employed by Sevenseas Global Express Logistics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sevenseas Global Express Logistics Private Limited has experienced an upsurge of 27.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sevenseas Global Express Logistics Private Limited amount to ₹ 7.48 Cr.

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

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