Ithink Logistic Quick Services Private Limited - Due diligence report

A 360° intelligence report on Ithink Logistic Quick Services Private Limited: trust score, financial health, credit view, compliance, direct…

2021-04-13 Mumbai, Maharashtra Active Unlisted Active Compliant
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IL Ithink Logistic Quick Services Private Limited
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Ithink Logistic Quick Services Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
70/100
Trust Score
Moderate

Ithink Logistic Quick Services Private Limited is assessed as Moderate with a Trust Score of 70/100. Ithink Logistic Quick Services Private Limited is an active private limited indian non-government company incorporated in 2021, operating in the Transport and Logistics sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 24 Jun 2026 from the latest processed filings. Ithink Logistic Quick Services Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

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
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
25/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

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

Get full access

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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 2 open (4.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
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.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
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
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +38% over 1 year(s).
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 5 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 24% in a year.
Negative net worth.
2 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment50/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 4.00 cr already registered.
  • Compliance record supports lending.
Investor view62/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 10 events
30 Sep 2025
Last AGM held
Annual general meeting
24 Jun 2025
Charge created
Others - 2.00 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
02 Aug 2024
Charge created
Others - 2.00 cr
13 Apr 2021
Incorporated
Registered with Roc Mumbai
Director appointed
PARESH BHUPATBHAI PARMAR (Director)
Director appointed
NIKUL JAYSUKHBHAI DODIYA (Director)
Director appointed
VIPUL MAHESHBHAI YADAV (Director)
Director appointed
BHARATKUMAR AMBAVI KAROTRA (Director)
Director appointed
ZAIBA UMER SARANG (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 1 financial year(s).
Net profit margin moved from 61% to 38%.
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Asr Express Private Limited U61200DL2016PTC303733 New Delhi, Delhi, India
Nexusnine Global Private Limited U63030MH2020PTC344667 Mumbai, Maharashtra, India
Coral Freight Lines Private Limited U45200MH1995PTC090565 Mumbai, Maharashtra, India
Bsp Logistics Private Limited U63000DL2017PTC320589 New Delhi, Delhi, India
Xpress Maritime Private Limited U63090GJ2013PTC075335 City Taluka, Gujarat, India
Steam Harbour Logistics Private Limited U63030MH2022PTC379098 Mumbai, Maharashtra, India
Upower Logistics (India) U63090DL2015PTC280660 New Delhi, Delhi, India
Keel Logistics Private Limited U63090MH2003PTC141071 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Ithink Logistic Quick Services Private Limited before audits and certifications: compliance score 100/100, 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 Logistic Quick Services Private Limited: 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 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 90/100, margin trends, ownership structure and peer set for Ithink Logistic Quick Services Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Ithink Logistic Quick Services Private Limited 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 Logistic Quick Services Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ithink Logistic Quick Services Private Limited an active company?

Ithink Logistic Quick Services Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Ithink Logistic Quick Services Private Limited financially healthy?

Ithink Logistic Quick Services Private Limited has a Financial Health Score of 25/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Ithink Logistic Quick Services Private Limited?

Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ithink Logistic Quick Services Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 5 active director(s) are on record.

Does Ithink Logistic Quick Services Private Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Ithink Logistic Quick Services Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Ithink Logistic Quick Services Private Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). 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.