Skyline India Unquoted Share Price

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”].

Skyline India Share Price, Share Details as of March 31, 2023

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY                     

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)

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.

FAQ Related to Skyline India Limited

Q.1) Is Skyline India Limited is a private or public company?

Skyline India Limited is a Public incorporated on 31 January 1996.

Q.2) Do Skyline India Limited listed or not?

Skyline is a delisted public company.

Q.3) in which field the work of Skyline India Limited is?

The company works under the trading platform.

Bottom of Form

Q.4) how is Skyline India Limited is in liquid category?

Based on the current ratio alone, Skyline India Limited appears to be in a very strong liquidity position as of 31-03-2023. This suggests that the company has a robust ability to meet its short-term financial obligations comfortably. However, it's important to consider other financial metrics and qualitative factors to assess the overall financial health and sustainability of the company beyond just liquidity.