Vinay Cargo Movers Limited

A logistics company that offers transport, clearing and forwarding services with tie-ups for end-to-end solutions.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: December 08, 2024

Vinay Cargo Movers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.50 Cr
  • Satisfied Charges ₹ 23.20 Cr
  • Revenue Growth -21.34%
  • Profit Growth -715.92%
  • Ebitda -19751.48%
  • Net Worth -172.36%
  • Total Assets -54.67%

About Vinay Cargo Movers

Vinay Cargo Movers Limited (VCML) is a Public Limited Indian Non-Government Company incorporated in India on 28 December 1998 and has a history of 26 years and one month. 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 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹13.50 Cr. The company has closed loans amounting to ₹23.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaywanti Shah, Lalit Shah, and Ekta Palani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63010MH1998PLC117647

  • Company No.

    117647

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Vinay Cargo Movers Limited offer?

Vinay Cargo Movers Limited offers a wide range of products and services, including EXIM Trade & Licensing Services, Trade Consultation Service, Forwarding & Custom Clearing, Clearing & Forwarding Services.

Who are the key members and board of directors at Vinay Cargo Movers?

Executive Team (1)

Name Designation Appointment Date Status
Lalit Shah Country flag representing In Managing Director 28-Dec-1998 Current

Board Members (2)

Name Designation Appointment Date Status
Jaywanti Shah Country flag representing In Director 22-Mar-2023 Current
Ekta Palani Country flag representing In Director 22-Mar-2023 Current

Financial Performance of Vinay Cargo Movers.

Vinay Cargo Movers Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.34% decrease. The company also saw a substantial fall in profitability, with a 715.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 172.36%.

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
-21.34%
Revenue from Operations
-21.07%
Total Assets
-54.67%
Profit or Loss
-715.92%
Net Worth
-172.36%
EBITDA
-19751.48%

What is the Ownership and Shareholding Structure of Vinay Cargo Movers?

In 2021, Vinay Cargo Movers 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

₹135.00 M

Satisfied Charges

₹232.00 M

Charges Breakdown by Lending Institutions

  • Corporation Bank : 10.00 Cr
  • Hdfc Bank Limited : 2.50 Cr
  • Sbi Factors & Commercial Services Ltd. : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Jan 2012 Corporation Bank ₹9.00 Cr Open
02 Aug 2006 Hdfc Bank Limited ₹2.50 Cr Open
16 Oct 2002 Corporation Bank ₹1.00 Cr Open
17 Dec 2000 Sbi Factors & Commercial Services Ltd. ₹1.00 Cr Open
15 Mar 2013 Deutsche Bank Ag ₹15.00 Cr Satisfied

How Many Employees Work at Vinay Cargo Movers?

Vinay Cargo Movers has a workforce of 4 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 Vinay Cargo Movers, 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 Vinay Cargo Movers'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 Vinay Cargo Movers

Recent activity within the organization

  • Annual General Meeting

    Vinay Cargo Movers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vinay Cargo Movers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jaywanti Lalit Shah was appointed as a Director was appointed as a Director on 22 Mar 2023 & has been associated with this company since 1 year 10 months .

    22 Mar 2023

  • Director Appointment

    Ekta Lalit Palani was appointed as a Director was appointed as a Director on 22 Mar 2023 & has been associated with this company since 1 year 10 months .

    22 Mar 2023

  • Charges

    A charge registered on 15 Mar 2013 via Charge ID 10420340 with Deutsche Bank Ag was fully satisfied on 19 Mar 2019.

    19 Mar 2019

  • Charges

    A charge with Deutsche Bank Ag of Rs. 150.00 M registered on 15 Mar 2013 with Charge ID 10420340 was modified on 01 Nov 2014.

    01 Nov 2014

Frequently asked questions

  • Vinay Cargo Movers Limited was incorporated on 28 Dec 1998.

  • The authorized share capital of Vinay Cargo Movers Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Vinay Cargo Movers Limited.

    • Jaywanti Lalit Shah
    • Lalit Naranji Shah
    • Ekta Lalit Palani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinay Cargo Movers Limited is 19 Saraswati Sadan1115 K N Road Chinch Bunder India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Vinay Cargo Movers Limited is U63010MH1998PLC117647 and the company number is 117647 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vinay Cargo Movers Limited is https://www.vinaycargo.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vinay Cargo Movers Limited has fallen by -21.34%.

  • As Per 2021 financial reports, 4 employees are currently employed by Vinay Cargo Movers Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vinay Cargo Movers Limited has experienced an downturn of -172.36%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vinay Cargo Movers Limited amount to ₹ 13.50 Cr.

  • The most recent Balance Sheet for Vinay Cargo Movers Limited was filed with the ROC on 31 Mar 2024.

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