Channel Freight Services (India ) Private Limited

Provides comprehensive transport and logistics solutions, including air and sea freight, customs brokerage, and supply chain management.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: January 29, 2025

Channel Freight Services (India ) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.43 Cr
  • Satisfied Charges ₹ 25.70 Cr
  • Revenue Growth -4.32%
  • Profit Growth -15.10%
  • Ebitda 5.01%
  • Net Worth 16.68%
  • Total Assets -14.59%

About Channel Freight Services (India )

Channel Freight Services (India ) Private Limited (CFSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2001 and has a history of 23 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹31.43 Cr. The company has closed loans amounting to ₹25.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Parab, Vandana Kishan, and Kishan Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cfsipl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090MH2001PTC131975

  • Company No.

    131975

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2001

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Channel Freight Services (India ) Private Limited offer?

Channel Freight Services (India ) Private Limited offers a wide range of products and services, including Cargo Transportation Services, Air Cargo Service, Freight Forwarding Services, Sea Freight Forwarding.

Who are the key members and board of directors at Channel Freight Services (India )?

Executive Team (1)

NameDesignationAppointment DateStatus
Kishan Shetty Country flag representing In Managing Director14-May-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Sanjay Parab Country flag representing In Director 26-Feb-2003Current
Vandana Kishan Country flag representing In Director 26-Feb-2003Current

Financial Performance of Channel Freight Services (India ).

Channel Freight Services (India ) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.32% decrease. The company also saw a substantial fall in profitability, with a 15.1% decrease in profit. The company's net worth Soared by an impressive increase of 16.68%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.32%
Revenue from Operations
-4.21%
Total Assets
-14.59%
Profit or Loss
-15.10%
Net Worth
16.68%
EBITDA
5.01%

What is the Ownership and Shareholding Structure of Channel Freight Services (India )?

In 2023, Channel Freight Services (India ) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.43 Cr

Satisfied Charges

₹25.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 27.50 Cr
  • Karnataka Bank Ltd. : 3.20 Cr
  • The Bharat Co-Operative Bank(Mumbai) Ltd : 0.73 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2024Others₹2.50 CrOpen
19 Mar 2024Others₹25.00 CrOpen
01 Jun 2023The Bharat Co-Operative Bank(Mumbai) Ltd₹7.30 MOpen
30 Mar 2022Karnataka Bank Ltd.₹2.30 CrOpen
25 Oct 2021Karnataka Bank Ltd.₹9.00 MOpen

How Many Employees Work at Channel Freight Services (India )?

Channel Freight Services (India ) has a workforce of 157 employees as of Apr 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Channel Freight Services (India ), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Channel Freight Services (India )'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Channel Freight Services (India )

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100965083 was registered on 16 Aug 2024.

    16 Aug 2024

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 19 Mar 2024 with Charge ID 100898647 was modified on 07 Jun 2024.

    07 Jun 2024

  • Charges

    A charge registered on 19 Jul 2013 via Charge ID 10438787 with Karnataka Bank Ltd. was fully satisfied on 20 Mar 2024.

    20 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100898647 was registered on 19 Mar 2024.

    19 Mar 2024

  • Annual General Meeting

    Channel Freight Services (India ) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 20.00 Cr registered on 19 Jul 2013 with Charge ID 10438787 was modified on 30 Jun 2023.

    30 Jun 2023

Frequently asked questions

  • Channel Freight Services (India ) Private Limited was incorporated on 14 May 2001.

  • The authorized share capital of Channel Freight Services (India ) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Channel Freight Services (India ) Private Limited.

    • Sanjay Janardan Parab
    • Vandana Shetty Kishan
    • Kishan Jaladhar Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Channel Freight Services (India ) Private Limited is A/4 Roy Apt. Opp. Intl Air Cargo Complex Sahar Andheri (E), India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Channel Freight Services (India ) Private Limited is U63090MH2001PTC131975 and the company number is 131975 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Channel Freight Services (India ) Private Limited is https://www.cfsipl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Channel Freight Services (India ) Private Limited has fallen by -4.32%.

  • As Per 2023 financial reports, 157 employees are currently employed by Channel Freight Services (India ) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Channel Freight Services (India ) Private Limited has experienced an upsurge of 16.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Channel Freight Services (India ) Private Limited amount to ₹ 31.43 Cr.

  • The most recent Balance Sheet for Channel Freight Services (India ) Private Limited was filed with the ROC on 31 Mar 2023.