West Gate Logistics Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 2.81 Cr
- Satisfied Charges ₹ 3.45 Cr
- Revenue Growth -55.03%
- Profit Growth 50.74%
- Ebitda -6.56%
- Net Worth -1.71%
- Total Assets -35.53%
About West Gate Logistics
West Gate Logistics Private Limited (WGLPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 October 2004 and has a history of 20 years and three months. Its registered office is in Chennai, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹2.81 Cr. The company has closed loans amounting to ₹3.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kanimozhi Karunanidhi and Rajathe Karunanidhi serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U63090TN2004PTC054563
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Company No.
054563
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Oct 2004
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at West Gate Logistics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanimozhi Karunanidhi
|
Director | 01-Oct-2005 | Current |
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Rajathe Karunanidhi
|
Whole-Time Director | 01-Oct-2005 | Current |
Financial Performance of West Gate Logistics.
West Gate Logistics Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 55.03% decrease. The company also saw a substantial improvement in profitability, with a 50.74% increase in profit. The company's net worth dipped by a decrease of 1.71%.
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What is the Ownership and Shareholding Structure of West Gate Logistics?
In 2019, West Gate 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.
Charges (Loans)
₹2.81 Cr
₹3.45 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 2.13 Cr
- Sundaram Finance Ltd. : 0.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2014 | Indian Bank | ₹6.50 M | Open |
| 17 Mar 2008 | Indian Bank | ₹1.12 Cr | Open |
| 28 Feb 2007 | Indian Bank | ₹1.10 M | Open |
| 09 Dec 2006 | Indian Bank | ₹2.50 M | Open |
| 05 Sep 2005 | Sundaram Finance Ltd. | ₹4.26 M | Open |
How Many Employees Work at West Gate Logistics?
West Gate Logistics has a workforce of 0 employees as of Mar 31, 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 West Gate 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 West Gate Logistics'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.