Ithink Logistic Quick Services Llp - Due diligence report

A 360° intelligence report on Ithink Logistics: trust score, financial health, credit view, compliance, directors, growth and distress signa…

2017-03-06 Mumbai, Maharashtra Converted To Cmp And Dissolved
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IL Ithink Logistic Quick Services Llp
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Ithink Logistics — 360° Intelligence Report

Generated from MCA filings & public records
62/100
Trust Score
Moderate

Ithink Logistics is assessed as Moderate with a Trust Score of 62/100. Ithink Logistics is a limited liability partnership incorporated in 2017, operating in the Transport and Logistics sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 20 Jun 2026 from the latest processed filings. Ithink Logistic Quick Services Llp snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
62/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 70/100 Moderate
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Converted To Cmp And Dissolved" - not Active.
  • Last balance sheet is for Mar 2020 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
PARESH BHUPATBHAI PARMAR 01234567 Director 01/04/2018 6 yrs Approved
NIKUL JAYSUKHBHAI DODIYA 01234567 Director 01/04/2018 6 yrs Approved
VIPUL MAHESHBHAI YADAV 01234567 Director 01/04/2018 6 yrs Approved
BHARATKUMAR AMBAVI KAROTRA 01234567 Director 01/04/2018 6 yrs Approved
ZAIBA UMER SARANG 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +38% over 2 year(s).
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 9 years.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Converted To Cmp And Dissolved.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence47/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment62/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 9 events
31 Mar 2020
Last AGM held
Annual general meeting
Latest balance sheet
Filed with ROC
17 Oct 2019
Director appointed
PARESH BHUPATBHAI PARMAR (Designated Partner)
16 Oct 2019
Director ceased
PARESH BHUPATBHAI PARMAR
30 Mar 2018
Director appointed
BHARATKUMAR AMBAVI KAROTRA (Designated Partner)
Director appointed
ZAIBA UMER SARANG (Designated Partner)
06 Mar 2017
Incorporated
Registered with Roc Mumbai
Director appointed
NIKUL JAYSUKHBHAI DODIYA (Designated Partner)
Director appointed
VIPUL MAHESHBHAI YADAV (Designated Partner)
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 2 financial year(s).
Net profit margin moved from 38% to 1.42.
5 active director(s) / partner(s); board looks stable and experienced.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Kolkata Assam Transport Llp AAM-2452 Kolkata, West Bengal, India
Mystique Logistics Private Limited U63013DL2006PTC147145 New Delhi, Delhi, India
Skyark Freight Express Logistics Private Limited U74999KL2011PTC028504 Trivandrum, Kerala, India
Ajjhal Logistics Private Limited U60232DL2018PTC329162 Delhi, Delhi, India
Agl Logistics Private Limited U63010DL2010PTC204009 Delhi, Delhi, India
Ashirbad Earth Movers Private Limited U63000OR2009PTC010822 Cuttack, Orissa, India
Som Logistic Solutions Private Limited U60200DL2015PTC286617 Delhi, Delhi, India
Rawal Transport Private Limited U60300PN2019PTC183307 Sangli, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Ithink Logistics before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Ithink Logistics: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Ithink Logistics - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 62/100, distress signals and MSME payment-delay disclosures - know whether Ithink Logistics pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Ithink Logistics - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ithink Logistics an active company?

Ithink Logistics has MCA status “Converted To Cmp And Dissolved” with a compliance score of 30/100 (Caution Indicated).

Is Ithink Logistics financially healthy?

Ithink Logistics has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Ithink Logistics?

Its overall Trust Score is 62/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ithink Logistics?

See the directors and ownership sections above for board and shareholding detail. 5 active director(s) are on record.

Does Ithink Logistics have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Ithink Logistics up to date with its ROC filings?

Last balance sheet is for Mar 2020 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Ithink Logistics?

Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.