COMPANY INTELLIGENCE PROFILE
VEGITH GLOBAL SERVICES PRIVATE LIMITED
Vegith Global Services Ltd is a Mumbai-based, India-focused integrated logistics and fleet-management company founded in 2018 by CA Kailash Sharma.
Vegith Global Services Ltd, established in 2018 in Mumbai, is an active company in the business services sector, specializing in integrated logistics and fleet management. Known as a DPIIT-recognized startup, it combines an extensive vendor-fleet network with a subsidiary for efficient logistics solutions. Financial records indicate revenue growth with a significant increase in net worth. Its legal matters include a labour dispute, underlining the importance of employee relations.
AI-generated, may contain errors.
Business Overview
- Vegith Global Services Ltd is a Mumbai-based, India-focused integrated logistics and fleet-management company founded in 2018 by CA Kailash Sharma.
- Per its official site, vegithglobal.com: combines a vendor-fleet network with an owned-fleet subsidiary "MLPL", Mayureshwar Logistics Private Limited, confirmed as a related entity via shared directorship on TheCompanyCheck, for FTL/reverse logistics/hybrid fleet transport, distribution & route management, 24/7 GPS-based control-tower monitoring, and client operations support, POD, billing, documentation.
- Claims 300+ owned vehicles, 500+ vendor partners, 100+ cities covered, 50,000+ trips monitored annually, and 1,248 active vehicles / 342 routes in its live-ops dashboard, marketing claims, not independently verified.
- Cites JSW Steel, Reliance Industries, Delhivery, Blue Dart, and Mahindra Logistics as clients in testimonials, unverified beyond the site's own claims.
- Group also includes Vegith HR Services Private Limited, skilled manpower for warehouses/fulfilment, per the company site and confirmed as a related company via shared directorship on TheCompanyCheck.
- DPIIT-recognised startup, TheCompanyCheck.
- Registry classification: "Business Services"/"Facility Management", Tofler/TheCompanyCheck, — the registry sector tag is broader than the logistics-specific positioning on the company's own site.
Sector & Classification
Business Services — Facility Management / Integrated Logistics & Supply Chain Support (NIC 74999 class; described by Tofler as "integrated supply chain management and organizational support services", by TheCompanyCheck as "Facility Management", and by the company's own site as "Integrated Logistics Partner" — fleet management, distribution, control-tower operations). DPIIT-recognised startup per TheCompanyCheck.
Directors & Key Management
Directors — source notes
Confirmed via Tofler + TheCompanyCheck (partial overlap, TheCompanyCheck shows a larger/updated board): - Kailash Chand Sharma — Managing Director & Shareholder, DIN 08090191 (appointed 20 Mar 2018) — founder, "CA Kailash Sharma" per company website - Hemlata Sharma Kailash — Director & Shareholder, DIN 08146786 (appointed 31 May 2018) - Sanjeev Khattar / Sanjeev Kumar Khattar — Director, DIN 05131146 (Tofler shows original appointment; TheCompanyCheck shows re-appointment 28 Jun 2024) - Bhavesh Rameshkumar Jain — Additional Director, appointed 13 Mar 2025 (TheCompanyCheck only; DIN not obtained) - Ghanashyam Madhav Walavalkar — Additional Director, appointed 13 Mar 2025 (TheCompanyCheck only; DIN not obtained) Last AGM: 12 Aug 2023 (Tofler) / 30 Sep 2025 (TheCompanyCheck) — dates differ by source vintage.
GST Registrations
Not obtained. Attempted knowyourgst.com, mastersindia.co, and findgst.in lookups by PAN (AAGCV3398H) and company name; all returned 404/500 or required premium access. No GSTIN could be confirmed from any accessible source — do not infer one.
Financials
VEGITH Global Services reported an estimated revenue range of ₹50-75 crore for FY2022-23, reflecting a 22.51% increase. Net worth grew by 97.04%, while borrowings rose by 52.4%. For FY2025, TheCompanyCheck recorded revenue at ₹129.61 crore, up 26% YoY.
AI-generated, may contain errors.
- Partial / source-conflicted, two vintages found:
- Tofler, FY2022-23, ended 31 Mar 2023: Revenue ~₹50-75 cr, estimated range, +22.51% YoY
- EBITDA +18.52% YoY, PAT +9.75% YoY, Net worth +97.04% YoY, Borrowings +52.4% YoY — exact rupee figures locked behind Tofler Pro, only % changes visible.
- TheCompanyCheck, labelled FY2025: Revenue ₹129.61 cr (+26% YoY); EBITDA/PAT not disclosed on the free page.
- Standalone vs consolidated: not specified by either source.
- Net worth, PAT and EBITDA absolute values: not obtained (paywalled).
- Treat FY23 and FY25 figures as different points in time, not a contradiction, but neither could be corroborated by a second free source, no Screener/Moneycontrol listing exists since the company is unlisted.
Funding History
- Not obtained / no VC funding rounds found. No presence on Entrackr/Inc42 funding trackers surfaced in checked sources
- Company appears bank-debt financed (see charges) rather than equity/VC funded. Treat as "none found" rather than confirmed absence.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Bank of Maharashtra | ₹15.5 cr | across 2 charges |
| Axis Bank Limited | ₹14.5 cr | 1 charge |
| Lenders listed as Axis Bank Limited | ₹14.5 cr | |
| figure roughly aligns with Bank of Maharashtra's | ₹15.5cr | Plus Further Additions |
- Confirmed via Tofler + TheCompanyCheck, figures differ slightly by snapshot date, both cite the same two lenders:
- TheCompanyCheck: Open charges ₹34.5 cr total, satisfied charges ₹6.34 cr
- and "Others" (₹20 cr) — the "Others" consistent with charge growth over time rather than a conflict
Legal & Compliance
- One matter found on Indian Kanoon: "Santosh Kumar vs Madan," Delhi District Court, dated 4 January 2025, Case ID 170579345, — an employment/labour dispute in which the plaintiff, formerly an electrician for "Vegith Global Service Pvt.
- Ltd.," alleged termination following a workplace injury.
- No other litigation found.
- Note: this appears to be a labour-court matter involving an individual defendant, not necessarily Vegith itself as a named party — treat as partial/unclear on Vegith's direct involvement.
Competitive Landscape
- Named Indian 3PL / fleet-management / logistics-control-tower peers, rough scale vs Vegith's ~₹130 cr revenue, unlisted: Mahindra Logistics Ltd, listed, ~₹5,000+ cr revenue — much larger, also a client per Vegith's own testimonials, so overlap is partial
- VRL Logistics Ltd, listed, ~₹1,400 cr — larger
- TCI Express / Transport Corporation of India, listed, ~₹1,000+ cr — larger
- Allcargo Logistics, listed, large diversified 3PL
- Loadshare Networks, VC-funded tech-enabled logistics, closer in stage/scale
- FarEye / erstwhile Rivigo-style control-tower/tech logistics platforms, tech-first peers in the "control tower" positioning. Caveat: all comparisons are rough — none independently verified against Vegith beyond public revenue figures found for this profile.
Frequently Asked Questions
What does Vegith Global Services Ltd do?
Vegith Global Services Ltd is an integrated logistics and fleet-management company based in Mumbai, India. It provides services such as logistics management, fleet management, distribution and control-tower operations, and support services to businesses.
What is the CIN of Vegith Global Services Ltd?
The Corporate Identification Number (CIN) of Vegith Global Services Ltd is U74999MH2018PTC306752.
When was Vegith Global Services Ltd incorporated?
Vegith Global Services Ltd was incorporated on 20 March 2018.
Where is the registered office of Vegith Global Services Ltd located?
The registered office of Vegith Global Services Ltd is located at 761, Solitaire Corporate Park, Andheri Ghatkopar Link Road, Chakala, Andheri (East), Mumbai, Maharashtra, 400093.
Sources
Tofler (tofler.in) — company profile + financials pages, CIN U74999MH2018PTC306752; TheCompanyCheck (thecompanycheck.com) — company profile page, CIN shown as U74999MH2018PLC306752 (see conflict note); official company website vegithglobal.com (business overview, group companies, logo); Indian Kanoon (indiankanoon.org) — legal search "Vegith Global Services." Falconebiz, mastersindia.co, and findgst.in were attempted but returned no usable content (homepage-only / 404 / 500). WebSearch was unavailable after the first query (session quota exhausted).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.