Company Intelligence Profile
Smart Ship Innovative Solutions Private Limited
Operates in integrated logistics and supply-chain solutions under the brand "Logicarts" (official site: logicarts.in, tagline "Always On Time").
CIN: U63030KA2019PTC124222ActiveRegistrar of Companies, Karnataka
Last updated 4 August 2026
AI OverviewGenerated from public records
Smart Ship Innovative Solutions Private Limited operates integrated logistics and supply-chain solutions under the brand Logicarts, offering first mile, mid mile, last mile delivery, part loads across 2,000 plus pin codes, and warehousing services. The company reported revenue of Rs 84.02 Cr, reflecting approximately 40% year-on-year growth, with open borrowings of Rs 16.98 Cr. Incorporated in May 2019 and recognized as a DPIIT startup, it employs around 149 people.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED |
|---|---|
| CIN | U63030KA2019PTC124222 |
| PAN | ABCCS0407R |
| Status |
|
| Listing |
|
| Incorporated | 10 May 2019 |
| ROC | Registrar of Companies, Karnataka (Bangalore) — Tofler |
| Sector (NIC) | Supporting and auxiliary transport activities; activities of travel agencies; other road transport services of freight; land transport via road — consistent with thecompanycheck's description of "integrated logistics and supply chain solutions," operating under the brand "Logicarts." |
| Registered address | 91 Springboard Business Hub, No. 512/10, Service Lane, Outer Ring Road, Mahadevapura, Bangalore, Karnataka – 560048 |
| Authorized capital | Tofler shows ₹50.0 Lakh (older filing snapshot) |
| Paid-up capital | Tofler shows ₹31.0 Lakh (older); not independently corroborated by a primary filing. |
Business Overview
- Operates in integrated logistics and supply-chain solutions under the brand "Logicarts" (official site: logicarts.in, tagline "Always On Time")
- Per the official site's own description: an online marketplace/service platform for trucking and logistics offering First Mile pickup (from sellers), Mid Mile (mother-hub to distribution centre / in-store movements), Last Mile (DC to customer / DC to retail store), Part Loads (2,000+ pin codes, 70% next-day deliverables), and Warehousing (end-to-end warehousing/fulfilment)
- Recognized as a DPIIT startup
- EPFO-reported employee count ~149
Directors
Board membership shows turnover over time across the two source snapshots:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Yanamala Gangadhar Reddy | 08184650 | Director | 10 May 2019 |
| Maddula Durga Sushma | - | Director | 22 Mar 2025 |
| Sourav Mishra | - | Whole-time Director | 24 Sep 2025 |
Financials
Latest available:
| Revenue | ₹84.02 Cr (up ~40% YoY) |
|---|---|
| EBITDA | not obtained (gated behind premium access) |
| PAT | not obtained (gated behind premium access) |
| Net worth | not obtained |
| Borrowings/charges | ₹16.98 Cr total open charges (Axis Bank Ltd ₹11.00 Cr, HDFC Bank Ltd ₹0.48 Cr, Others ₹5.50 Cr); ₹2.8 Cr in satisfied/closed charges; latest charge registered 23 Dec 2024 (₹2 Cr, "Others" lender) |
Charges & Borrowings
- Total open charges: ₹16.98 Cr — Axis Bank Limited ₹11.00 Cr, HDFC Bank Limited ₹0.48 Cr, Others ₹5.50 Cr. Satisfied/closed charges: ₹2.8 Cr. Most recent charge: ₹2 Cr registered 23 Dec 2024 with an "Others" category lender (lender name not specified by source)
- Source: thecompanycheck.com
Legal / Litigation
- One case located on Indian Kanoon: "TVS Credit Services Limited vs Smart Ship Innovative Solutions Pvt Ltd," Madras High Court, Arb
- Appln
- No. 1421 of 2026, dated 14 July 2026 — an arbitration application; the company is named as respondent, represented by "Authorised Signatory Mr. Y. Gangadhar Reddy" (matching the confirmed director name, corroborating entity identity)
- No other litigation found
Competitors
Named peers in the trucking-marketplace / part-load & full-truck-load logistics space (rough scale tags, not sourced from a single comparison page — general market knowledge, treat as indicative only):
- BlackBuck (Zinka Logistics) — large-scale, market leader in truck marketplace, listed (NSE: BLACKBUCK)
- Rivigo — large-scale, well-funded FTL/relay trucking network
- Delhivery — much larger, listed, full-stack logistics/express + PTL
- Porter (Kuvi Systems) — large-scale intra-city/FTL marketplace, well-funded unicorn
- LetsTransport — mid-scale, similar FTL/PTL marketplace model
- TCI (Transport Corporation of India) — larger, established traditional logistics/PTL player
Frequently Asked Questions
What does SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED (per Tofler, matching CIN exactly); note thecompanycheck.com shows a related record under CIN U63030KA2019PLC124222 as "Smart Ship Innovative Solutions Limited" — a public-limited conversion (Pvt→Ltd, PTC→PLC) of the same underlying entity (identical RoC, registered address, incorporation date 10-May-2019, directors/PAN thread), likely pre-IPO conversion. The originally-tasked CIN (...PTC124222) remains Active per Tofler as of this check. do?
Operates in integrated logistics and supply-chain solutions under the brand "Logicarts" (official site: logicarts.in, tagline "Always On Time").
What is the CIN of SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED (per Tofler, matching CIN exactly); note thecompanycheck.com shows a related record under CIN U63030KA2019PLC124222 as "Smart Ship Innovative Solutions Limited" — a public-limited conversion (Pvt→Ltd, PTC→PLC) of the same underlying entity (identical RoC, registered address, incorporation date 10-May-2019, directors/PAN thread), likely pre-IPO conversion. The originally-tasked CIN (...PTC124222) remains Active per Tofler as of this check.?
The Corporate Identification Number (CIN) of SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED (per Tofler, matching CIN exactly); note thecompanycheck.com shows a related record under CIN U63030KA2019PLC124222 as "Smart Ship Innovative Solutions Limited" — a public-limited conversion (Pvt→Ltd, PTC→PLC) of the same underlying entity (identical RoC, registered address, incorporation date 10-May-2019, directors/PAN thread), likely pre-IPO conversion. The originally-tasked CIN (...PTC124222) remains Active per Tofler as of this check. is U63030KA2019PTC124222.
Where is SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED (per Tofler, matching CIN exactly); note thecompanycheck.com shows a related record under CIN U63030KA2019PLC124222 as "Smart Ship Innovative Solutions Limited" — a public-limited conversion (Pvt→Ltd, PTC→PLC) of the same underlying entity (identical RoC, registered address, incorporation date 10-May-2019, directors/PAN thread), likely pre-IPO conversion. The originally-tasked CIN (...PTC124222) remains Active per Tofler as of this check. registered?
SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED (per Tofler, matching CIN exactly); note thecompanycheck.com shows a related record under CIN U63030KA2019PLC124222 as "Smart Ship Innovative Solutions Limited" — a public-limited conversion (Pvt→Ltd, PTC→PLC) of the same underlying entity (identical RoC, registered address, incorporation date 10-May-2019, directors/PAN thread), likely pre-IPO conversion. The originally-tasked CIN (...PTC124222) remains Active per Tofler as of this check. is registered with Registrar of Companies, Karnataka (Bangalore) — Tofler. Registered address: 91 Springboard Business Hub, No. 512/10, Service Lane, Outer Ring Road, Mahadevapura, Bangalore, Karnataka – 560048 (confirmed identically by Tofler and thecompanycheck).
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