Vichare Express & Logistics Private Limited

Provides domestic and international courier services, including value added and customized options, in multiple cities.

1996 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Vichare Express & Logistics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.98 Cr
  • Revenue Growth 8.78%
  • Profit Growth 31.14%
  • Ebitda -8.76%
  • Net Worth -16.66%
  • Total Assets -64.20%

About Vichare Express & Logistics

Vichare Express & Logistics Private Limited (VELPL) is Under Cirp company established on 17 Dec 1996 with its office registered at Mumbai, Maharashtra, India and has been running since 28 Year, 1 Month with a paid up capital of 9.90 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64120MH1996PTC104537

  • Company No.

    104537

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Vichare Express & Logistics Private Limited offer?

Vichare Express & Logistics Private Limited offers a wide range of products and services, including Acrylic Boxes, Drop Boxes, Parcel Delivery Services, Courier Service.

Who are the key members and board of directors at Vichare Express & Logistics?

Executive Team (1)

Name Designation Appointment Date Status
Mahendra Vichare Country flag representing In Managing Director 15-Oct-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Chandrakant Vichare Country flag representing In Director 17-Dec-1996 Current

Financial Performance of Vichare Express & Logistics.

Vichare Express & Logistics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.78% increase. The company also saw a substantial improvement in profitability, with a 31.14% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.66%.

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
8.78%
Revenue from Operations
2.92%
Total Assets
-64.20%
Profit or Loss
31.14%
Net Worth
-16.66%
EBITDA
-8.76%

What is the Ownership and Shareholding Structure of Vichare Express & Logistics?

In 2023, Vichare Express & 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

₹0

Satisfied Charges

₹6.98 Cr

Charges Breakdown by Lending Institutions

  • Nkgsb Co-Operative Bank Limited : 5.00 Cr
  • Others : 1.98 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2021 Others ₹1.98 Cr Satisfied
01 Feb 2011 Nkgsb Co-Operative Bank Limited ₹2.50 Cr Satisfied
01 Feb 2011 Nkgsb Co-Operative Bank Limited ₹2.50 Cr Satisfied

How Many Employees Work at Vichare Express & Logistics?

Vichare Express & Logistics has a workforce of 2 employees as of Apr 08, 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 Vichare 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 Vichare 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 Vichare Express & Logistics

Recent activity within the organization

  • Charges

    A charge registered on 30 Jun 2021 via Charge ID 100462612 with Others was fully satisfied on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge registered on 01 Feb 2011 via Charge ID 10272273 with Nkgsb Co-Operative Bank Limited was fully satisfied on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge registered on 01 Feb 2011 via Charge ID 10273527 with Nkgsb Co-Operative Bank Limited was fully satisfied on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vichare Express & Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.98 Cr with Charge ID 100462612 was registered on 30 Jun 2021.

    30 Jun 2021

Frequently asked questions

  • Vichare Express & Logistics Private Limited was incorporated on 17 Dec 1996.

  • The authorized share capital of Vichare Express & Logistics Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 9.90 M.

  • Currently 2 directors are associated with Vichare Express & Logistics Private Limited.

    • Mahendra Vinayak Vichare
    • Chandrakant Vasant Vichare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vichare Express & Logistics Private Limited is 407-408 Kesar Plaza A Wing 4Th Floor Plot No.239 Rdp-6 Charkop Kandivali (Wes T) India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Vichare Express & Logistics Private Limited is U64120MH1996PTC104537 and the company number is 104537 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vichare Express & Logistics Private Limited is https://www.vichare.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vichare Express & Logistics Private Limited has risen by 8.78%.

  • As Per 2023 financial reports, 2 employees are currently employed by Vichare Express & Logistics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vichare Express & Logistics Private Limited has experienced an downturn of -16.66%.

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

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