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, KarnatakaConfidence: medium

Last updated 4 August 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Unlock the full profile on AICA

Deeper analysis, financial signals and peer comparisons.

Book a demo

Company Identity

Partial / conflicting
Registered nameSMART SHIP INNOVATIVE SOLUTIONS PRIVATE LIMITED
CINU63030KA2019PTC124222
PANABCCS0407R
Status
  • Active
  • 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
Incorporated10 May 2019
ROCRegistrar 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 address91 Springboard Business Hub, No. 512/10, Service Lane, Outer Ring Road, Mahadevapura, Bangalore, Karnataka – 560048
Authorized capitalTofler shows ₹50.0 Lakh (older filing snapshot)
Paid-up capitalTofler shows ₹31.0 Lakh (older); 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
  • EPFO-reported employee count ~149

Directors

Partial / conflicting

Board membership shows turnover over time across the two source snapshots:

NameDINRoleAppointed
Yanamala Gangadhar Reddy08184650Director10 May 2019
Maddula Durga Sushma-Director22 Mar 2025
Sourav Mishra-Whole-time Director24 Sep 2025

Financials

Partial / conflicting

Latest available:

Revenue₹84.02 Cr (up ~40% YoY)
EBITDAnot obtained (gated behind premium access)
PATnot obtained (gated behind premium access)
Net worthnot 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

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

Competitors

Partial / conflicting

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).

Explore on Recur Club

Bharat Ke Super Founders

Recur Club's show spotlighting the founders building India's next generation of companies. Watch their stories.

Watch the show

Looking for business funding?

Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.

Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.