About Skyline India Limited Unquoted/Illiquid Shares
Skyline India Limited is a Public Limited Company, incorporated on 31 January 1996 with the registrar of companies Mumbai. It is classified as Non-govt Company. Its authorized share capital is Rs.55,000,000 and its paid up capital is Rs.39,82,585. The Company is presently engaged in the business of transportation of goods. This company provides transportation services. It offers freight corridors, logistics parks, free trade warehousing zones, and container freight stations. The Company was listed on Delhi Stock Exchange [“DSE”], Ahmedabad Stock Exchange [“ASE”], Jaipur Stock Exchange [“JSE”], Ludhiana Stock Exchange [“LSE”] & Madras Stock Exchange [“MSE”] (all these stock exchanges collectively referred to as “Regional Stock Exchanges”). However, SEBI has de-recognized DSE vide order dated November 19, 2014 & passed Exit Orders for LSE, JSE and MSE on December 30, 2014, March 23, 2015 & May 14, 2015 respectively. Further, ASE is in the Process of voluntarily exit. The Company is presently on the Dissemination Board (“DB”) of the BSE Limited [“BSE”] and National Stock Exchange of India Limited [“NSE”].
INCORPORATION DETAILS
|
CIN |
L51909DL1996PLC075875 |
|
Registration Date |
31 January 1996 |
|
Category/Sub-category of the Company |
Limited by Shares/ Non-govt company |
|
Address of the Registered office and contact details |
Skyline India Limited, 1E/4, JHANDEWALAN EXTENSION NEW DELHI-110055 |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
Skyline Financial Services Private Limited D-153 A, 1st Floor, Okhla Industrial Area, Phase - I, New Delhi - 110 020 |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Business of transportation of goods |
52219 |
100% |
BOARD OF DIRECTORS
Mr. Rajeev Gupta, Whole-time director
Ms. Neelam Jain, Independent Director
Ms. Vandana Gupta, Independent Director
Mr. Rajesh Kumar Sanghi, Managing Director (KMP)
Mr. Gaur Hari Sanghi, CFO (KMP)
Mr. Dinesh Kumar Shindi, Company secretary (KMP)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
Skyline India Limited does not have any subsidiary or associate company.
SHAREHOLDING PATTERN (As of 31-03-2022)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
29,15,950 |
73.21% |
|
2. |
Public Shareholding |
10,66,635 |
26.79% |
|
|
Total |
39,82,585 |
100.00% |
INDUSTRY OUTLOOK
The transport and logistics sector is a pivotal fundament that is important for the development of a country. Since the 1990s, the transportation infrastructure of India has undergone a significant change. While in the 90s, the demand for transport grew at an annual rate of 10%, in the last decade the demand in the transport and logistics industry grew along with the accelerating Indian GDP. This growth increased the demand for practically all transport services.
Government initiatives to promote the manufacturing sector and exports are likely to increase the demand for logistics functions. Trade with Asia, Europe, and North America are likely to remain major drivers for freight forwarding and transportation companies in the region.
Major investments by both public and private sectors in the last five years on infrastructure, technology upgrades and expansion of sea and airport facilities, and dedicated logistics corridor in the rail network are expected to strengthen the Indian logistics infrastructure.
The booming e-commerce market in India is bringing in new opportunities for LSPs. The evolving business model(s) in this space focuses on containing logistics and delivery costs.
The expected implementation of nationwide uniform GST is likely to transform the distribution structure of majority of industries as it eliminates the need for dedicated warehouses for each individual administrative region.
