Utsav Logistics Private Limited

This company provides transportation and logistics services for cargo goods at a port in Gujarat.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: January 23, 2025

Utsav Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 9.10 M
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.20 Cr
  • Satisfied Charges ₹ 5.33 Cr
  • Revenue Growth 6.70%
  • Profit Growth 15.41%
  • Ebitda 6.69%
  • Net Worth 17.94%
  • Total Assets -1.13%

About Utsav Logistics

Utsav Logistics Private Limited (ULPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 1981 and has a history of 43 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Utsav Logistic 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 1.01 Cr and a paid-up capital of Rs 9.10 M.

The company currently has active open charges totaling ₹17.20 Cr. The company has closed loans amounting to ₹5.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nawnit Machhar, Ankit Machhar, Anil Machhar, and Three other members 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

    U74140MH1981PTC024897

  • Company No.

    024897

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Utsav Logistics?

Board Members (6)

NameDesignationAppointment DateStatus
Ankit Machhar Country flag representing In Director 28-Jan-2013Current
Nawnit Machhar Country flag representing In Director 15-Sep-2005Current
Anil Machhar Country flag representing In Director 01-Apr-2009Current
Sunil Machhar Country flag representing In Director 15-Sep-2005Current
Narendra Sethi Country flag representing In Director 28-Feb-2011Current
Arvind Pannalal Country flag representing In Director 04-Mar-2014Current

Financial Performance of Utsav Logistics.

Utsav Logistics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.7% increase. The company also saw a substantial improvement in profitability, with a 15.41% increase in profit. The company's net worth Soared by an impressive increase of 17.94%.

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
6.70%
Revenue from Operations
6.94%
Total Assets
-1.13%
Profit or Loss
15.41%
Net Worth
17.94%
EBITDA
6.69%

What is the Ownership and Shareholding Structure of Utsav Logistics?

In 2023, Utsav Logistics 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

₹17.20 Cr

Satisfied Charges

₹5.33 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.65 Cr
  • Others : 1.63 Cr
  • Srei Equipment Finance Limited : 1.42 Cr
  • Sundaram Finance Limited : 1.34 Cr
  • L & T Finance Limited : 1.28 Cr
  • Others : 3.88 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2021Others₹3.50 MOpen
04 Feb 2020Hdfc Bank Limited₹2.05 CrOpen
05 Oct 2019Hdfc Bank Limited₹9.04 MOpen
04 Oct 2019Hdfc Bank Limited₹4.70 CrOpen
26 Jun 2019Axis Bank Limited₹1.13 MOpen

How Many Employees Work at Utsav Logistics?

Unlock and access historical data on people associated with Utsav Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Utsav 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 Utsav 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 Utsav Logistics

Recent activity within the organization

  • Annual General Meeting

    Utsav Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Utsav Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100491716 was registered on 07 Oct 2021.

    07 Oct 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.05 Cr with Charge ID 100347293 was registered on 04 Feb 2020.

    04 Feb 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100308276 was registered on 05 Oct 2019.

    05 Oct 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.70 Cr with Charge ID 100308263 was registered on 04 Oct 2019.

    04 Oct 2019

Frequently asked questions

  • Utsav Logistics Private Limited was incorporated on 31 Jul 1981.

  • The authorized share capital of Utsav Logistics Private Limited is ₹ 1.01 Cr and paid-up capital is ₹ 9.10 M.

  • Currently 6 directors are associated with Utsav Logistics Private Limited.

    • Nawnit Bhagwatiprasad Machhar
    • Ankit Anil Machhar
    • Anil B Machhar
    • Sunil Bhagwatiprasad Machhar
    • Narendra Kumar Sethi
    • Arvind Damani Pannalal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Utsav Logistics Private Limited is 524 Sandhurst Building 2Nd Floor S V P Road Opera House Main Junction, India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Utsav Logistics Private Limited is U74140MH1981PTC024897 and the company number is 024897 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Utsav Logistics Private Limited has risen by 6.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Utsav Logistics Private Limited has experienced an upsurge of 17.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Utsav Logistics Private Limited amount to ₹ 17.20 Cr.

  • The most recent Balance Sheet for Utsav Logistics Private Limited was filed with the ROC on 31 Mar 2024.

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