Sits Express Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
- Paid Up Capital ₹ 0.65 M
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.82 Cr
- Revenue Growth 22.03%
- Profit Growth -47.27%
- Ebitda -36.34%
- Net Worth -19.01%
- Total Assets 15.41%
About Sits Express
Sits Express Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 1997 and has a history of 27 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.40 M and a paid-up capital of Rs 0.65 M.
The company currently has active open charges totaling ₹2.82 Cr.
Jyoti Prakash, Prachi Shanbhag, Deepa Shanbhag, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U60210MH1997PTC110498
- Company No.
110498
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Sits Express Private Limited
Explore comprehensive data for Sits Express Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sits Express?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prachi Shanbhag  | Director | 01-Oct-2020 | Current |
| Jyoti Prakash | Director | 05-Sep-1997 | Current |
| Deepa Shanbhag | Director | 01-Oct-2020 | Current |
| Uday Shanbhag | Director | 05-Sep-1997 | Current |
Financial Performance of Sits Express.
Sits Express Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 22.03% increase. The company also saw a substantial fall in profitability, with a 47.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sits Express?
In 2021, Sits Express had a promoter holding of 96.93% and a public holding of 3.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Boundless Borders Llp
Jyoti Prakash is a mutual person
- Pioneer Clay And Industrial Works Limited
Deepa Shanbhag and Uday Shanbhag are mutual person
- Brigade Logistics Llp
Uday Shanbhag is a mutual person
- Nexus Marine Services Private Limited
Uday Shanbhag is a mutual person
Charges (Loans)
Open Charges
₹28.18 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.03 Cr
- Hdfc Bank Limited : 0.90 Cr
- Others : 0.49 Cr
- Sundaram Fianance Limited : 0.36 Cr
- Ge Capital Transportation Financial Services : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2021 | Hdfc Bank Limited | ₹8.96 M | Open |
| 03 Dec 2019 | Axis Bank Limited | ₹2.09 M | Open |
| 31 Aug 2019 | Axis Bank Limited | ₹5.28 M | Open |
| 11 Jan 2018 | Others | ₹1.20 M | Open |
| 27 Feb 2017 | Others | ₹3.72 M | Open |
How Many Employees Work at Sits Express?
Sits Express has a workforce of 13 employees as of Apr 05, 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 Sits Express, 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 Sits Express'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 Sits Express
Recent activity within the organization
- Annual General Meeting
Sits Express Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sits Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.96 M with Charge ID 100429616 was registered on 08 Mar 2021.
- Director Appointment
Prachi Uday Shanbhag was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 7 months .
- Director Appointment
Deepa Prakash Shanbhag was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 7 months .
- Charges
A charge with Axis Bank Limited amounted to Rs. 2.09 M with Charge ID 100310946 was registered on 03 Dec 2019.
Frequently asked questions
What is the Incorporation or founding date of Sits Express Private Limited?
Sits Express Private Limited was incorporated on 05 Sep 1997.
What is authorized share capital and paid-up capital of Sits Express Private Limited?
The authorized share capital of Sits Express Private Limited is ₹ 2.40 M and paid-up capital is ₹ 0.65 M.
Who are the current board members & directors of Sits Express Private Limited?
Currently 4 directors are associated with Sits Express Private Limited.
- Jyoti Shanbhag Prakash
- Prachi Uday Shanbhag
- Deepa Prakash Shanbhag
- Uday Prakash Shanbhag
What is the registered address of Sits Express Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sits Express Private Limited is 210 Himalaya Housepalton Road India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Sits Express Private Limited?
The corporate identification number (CIN) of Sits Express Private Limited is U60210MH1997PTC110498 and the company number is 110498 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sits Express Private Limited?
The Official website of Sits Express Private Limited is https://www.sitsexpress.com
What has been the recent revenue trend for Sits Express Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Sits Express Private Limited has risen by 22.03%.
How many employees does Sits Express Private Limited currently have?
As Per 2021 financial reports, 13 employees are currently employed by Sits Express Private Limited.
What change has been observed in the net worth of Sits Express Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Sits Express Private Limited has experienced an downturn of -19.01%.
What are the total open charges for Sits Express Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Sits Express Private Limited amount to ₹ 2.82 Cr.
When was the last Balance Sheet of Sits Express Private Limited filed with the ROC?
The most recent Balance Sheet for Sits Express Private Limited was filed with the ROC on 31 Mar 2024.
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