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: U63030KA2019PTC124222Active (per Tofler, for CIN U63030KA2019PTC124222). Note: thecompanycheck.com's record for the near-identical CIN U63030KA2019PLC124222 shows the entity re-registered as a Public Limited company ("Smart Ship Innovative Solutions Limited") — indicates a possible Private→Public conversion of this same company; the exact conversion date/RoC order was not independently confirmed in a primary filing.Registrar of Companies, Karnataka (Bangalore) — ToflerConfidence: medium
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Partial / conflicting| Registered name | SMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED |
|---|---|
| CIN | U63030KA2019PTC124222 |
| PAN | ABCCS0407R (Tofler) |
| Status | Active (per Tofler, for CIN U63030KA2019PTC124222). Note: thecompanycheck.com's record for the near-identical CIN U63030KA2019PLC124222 shows the entity re-registered as a Public Limited company ("Smart Ship Innovative Solutions Limited") — indicates a possible Private→Public conversion of this same company; the exact conversion date/RoC order was not independently confirmed in a primary filing. |
| Listing | Not listed (private company; no stock exchange listing found). Possible pre-IPO conversion to public limited noted above but no listed-security evidence found. |
| Incorporated | 10 May 2019 (Tofler, thecompanycheck — both agree) |
| 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 (Tofler NIC description) — 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 (confirmed identically by Tofler and thecompanycheck) |
| Authorized capital | Source conflict: Tofler shows ₹50.0 Lakh (older filing snapshot); thecompanycheck shows ₹6 Crore (more recent). Capital appears to have been raised over time between these two snapshots — treat ₹6 Cr as the more current figure, partial confidence (single-source, premium-gated detail). |
| Paid-up capital | Source conflict: Tofler shows ₹31.0 Lakh (older); thecompanycheck shows ₹5.65 Crore (more recent). Same caveat as authorized capital — likely capital infusion between filing dates; not independently corroborated by a primary filing. |
Business Overview
Confirmed- 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 (thecompanycheck)
- EPFO-reported employee count ~149 (thecompanycheck, single source, unconfirmed)
Directors
Partial / conflictingBoard membership shows turnover over time across the two source snapshots:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Yanamala Gangadhar Reddy | 08184650 | Director since incorporation 10 May 2019; DIN 08184650 Tofler, current as of its snapshot; also named as company's Authorised Signatory in a 2026 Madras High Court filing Indian Kanoon; corroborates identity. | - |
| Maddula Durga Sushma | - | Director since 22 Mar 2025 thecompanycheck; DIN not obtained. | - |
| Sourav Mishra | - | Whole-Time Director since 24 Sep 2025 thecompanycheck; DIN not obtained. | - |
Financials
Partial / conflictingLatest available (per thecompanycheck.com, single source, standalone basis implied, FY not fully specified but tagged "FY2023", balance sheet date 31 Mar 2024 also referenced elsewhere on the same page — some internal inconsistency in the source):
| 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) |
Confidence: partial (single source, some figures gated/paywalled, minor date inconsistency between "FY2023" label and "31 Mar 2024" balance sheet date noted on the same page).
Charges & Borrowings
Partial / conflicting- 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 (single source
- not cross-verified against MCA charge index per source-restriction rules)
Legal / Litigation
Partial / conflicting- 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 (single-source search, Indian Kanoon only)
Competitors
Partial / conflictingNamed 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
Confidence: partial — sector-level competitor identification, not sourced from a dedicated competitor-comparison page; scale tags are approximate/rough.
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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