Sitics Logistic Solutions Private Limited

Provides end-to-end supply chain solutions, facility management, production, staffing, and security services to various industries.

2007 | Palakkad, Kerala (India) | Active
Last Updated: January 07, 2025

Sitics Logistic Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.35 Cr
  • Paid Up Capital ₹ 1.02 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 77.19 Cr
  • Satisfied Charges ₹ 21.35 Cr
  • Revenue Growth 29.34%
  • Profit Growth -221.99%
  • Ebitda -12.83%
  • Net Worth 17.12%
  • Total Assets 58.75%

About Sitics Logistic Solutions

Sitics Logistic Solutions Private Limited (SLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2007 and has a history of 17 years and two months. Its registered office is in Palakkad, Kerala, 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 1.35 Cr and a paid-up capital of Rs 1.02 Cr.

The company currently has active open charges totaling ₹77.19 Cr. The company has closed loans amounting to ₹21.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sikander Ambattuvalappil, Haridas Thekkiveettil, and Chandrasekaran Praneshkumar serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sitics.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74910KL2007PTC021514

  • Company No.

    021514

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2007

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Transport and Logistics

What products or services does Sitics Logistic Solutions Private Limited offer?

Sitics Logistic Solutions Private Limited offers a wide range of products and services, including Contract Employment & Staffing Firms, Staffing Service, Call Centre & Customer Care Services, Technology Support Services, Business Planning and Management, Business Consultant, Transport Agents & Bulk Carriers, Logistics Service, Freight Forwarding Services, Shipping Services.

Who are the key members and board of directors at Sitics Logistic Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Sikander Ambattuvalappil Country flag representing In Managing Director07-Dec-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Haridas Thekkiveettil Country flag representing In Director 07-Dec-2007Current
Chandrasekaran Praneshkumar Country flag representing In Director 24-Jun-2020Current

Financial Performance of Sitics Logistic Solutions.

Sitics Logistic Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.34% increase. The company also saw a substantial fall in profitability, with a 221.99% decrease in profit. The company's net worth Soared by an impressive increase of 17.12%.

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
29.34%
Revenue from Operations
29.05%
Total Assets
58.75%
Profit or Loss
-221.99%
Net Worth
17.12%
EBITDA
-12.83%

What is the Ownership and Shareholding Structure of Sitics Logistic Solutions?

In 2022, Sitics Logistic Solutions 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

₹77.19 Cr

Satisfied Charges

₹21.35 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 48.57 Cr
  • Others : 14.09 Cr
  • Standard Chartered Bank : 10.00 Cr
  • Hdfc Bank Limited : 4.53 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2024Others₹5.00 CrOpen
30 Apr 2024Hdfc Bank Limited₹1.14 CrOpen
22 Dec 2023Others₹6.00 CrOpen
15 Nov 2022Others₹2.65 CrOpen
28 Feb 2022Others₹1.23 MOpen

How Many Employees Work at Sitics Logistic Solutions?

Sitics Logistic Solutions has a workforce of 3929 employees as of Apr 07, 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 Sitics Logistic 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 Sitics Logistic 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 Sitics Logistic Solutions

Recent activity within the organization

  • Charges

    A charge registered on 28 Feb 2022 via Charge ID 100557914 with Others was fully satisfied on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge registered on 31 Jan 2022 via Charge ID 100537416 with Others was fully satisfied on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge registered on 31 Jan 2022 via Charge ID 100537419 with Others was fully satisfied on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge registered on 31 Jan 2022 via Charge ID 100537427 with Others was fully satisfied on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge registered on 01 Jun 2020 via Charge ID 100339064 with Others was fully satisfied on 29 Jul 2024.

    29 Jul 2024

  • Charges

    A charge registered on 16 Nov 2023 via Charge ID 100854060 with Hdfc Bank Limited was fully satisfied on 06 Jul 2024.

    06 Jul 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sitics Logistic Solutions Private Limited was incorporated on 07 Dec 2007.

  • The authorized share capital of Sitics Logistic Solutions Private Limited is ₹ 1.35 Cr and paid-up capital is ₹ 1.02 Cr.

  • Currently 3 directors are associated with Sitics Logistic Solutions Private Limited.

    • Sikander Mammi Ambattuvalappil
    • Haridas Thekkiveettil
    • Chandrasekaran Praneshkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitics Logistic Solutions Private Limited is 18/802 English Church Road City Post Office, District India, Palakkad, Kerala, 678014.

  • The corporate identification number (CIN) of Sitics Logistic Solutions Private Limited is U74910KL2007PTC021514 and the company number is 021514 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sitics Logistic Solutions Private Limited is https://www.sitics.co

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sitics Logistic Solutions Private Limited has risen by 29.34%.

  • As Per 2022 financial reports, 3929 employees are currently employed by Sitics Logistic Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sitics Logistic Solutions Private Limited has experienced an upsurge of 17.12%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sitics Logistic Solutions Private Limited amount to ₹ 77.19 Cr.

  • The most recent Balance Sheet for Sitics Logistic Solutions Private Limited was filed with the ROC on 31 Mar 2023.