Classic Clearing And Forwarding Private Limited

Customs clearance, freight forwarding, warehousing, transportation, legal consultancy, air cargo, export packaging.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Classic Clearing And Forwarding Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.45 Cr
  • Company Age 40 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.41 Cr
  • Revenue Growth -8.46%
  • Profit Growth 104.44%
  • Ebitda 61.61%
  • Net Worth 15.46%
  • Total Assets 96.92%

About Classic Clearing And Forwarding

Classic Clearing And Forwarding Private Limited (CCAFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 1985 and has a history of 40 years. 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 1.50 Cr and a paid-up capital of Rs 1.45 Cr.

The company currently has active open charges totaling ₹9.41 Cr.

Sunil Salian, Varija Salian, Sapna Salian, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    classicgroup.org.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63030MH1985PTC035273

  • Company No.

    035273

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Classic Clearing And Forwarding?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Salian Country flag representing In Managing Director03-Feb-2000Current

Board Members (3)

NameDesignationAppointment DateStatus
Varija Salian Country flag representing In Whole-Time Director 06-Feb-1985Current
Sapna Salian Country flag representing In Whole-Time Director 02-Aug-2018Current
Gotla Sathyanarayanan Director Current

Financial Performance of Classic Clearing And Forwarding.

Classic Clearing And Forwarding Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.46% decrease. The company also saw a substantial improvement in profitability, with a 104.44% increase in profit. The company's net worth Soared by an impressive increase of 15.46%.

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
-8.46%
Revenue from Operations
-8.52%
Total Assets
96.92%
Profit or Loss
104.44%
Net Worth
15.46%
EBITDA
61.61%

What is the Ownership and Shareholding Structure of Classic Clearing And Forwarding?

In 2023, Classic Clearing And Forwarding 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

₹9.41 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 6.74 Cr
  • Syndicate Bank : 2.36 Cr
  • Union Bank Of India : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Canara Bank₹1.50 CrOpen
24 May 2022Canara Bank₹0.77 MOpen
17 Jun 2011Canara Bank₹5.16 CrOpen
17 Jun 2011Syndicate Bank₹1.50 CrOpen
12 Jan 2006Syndicate Bank₹6.00 MOpen

How Many Employees Work at Classic Clearing And Forwarding?

Classic Clearing And Forwarding has a workforce of 161 employees as of Apr 08, 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 Classic Clearing And Forwarding, 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 Classic Clearing And Forwarding'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 Classic Clearing And Forwarding

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 1.50 Cr with Charge ID 100879855 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Classic Clearing And Forwarding Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Classic Clearing And Forwarding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 100586740 was registered on 24 May 2022.

    24 May 2022

  • Charges

    A charge with Canara Bank of Rs. 5.16 Cr registered on 17 Jun 2011 with Charge ID 10293825 was modified on 02 Nov 2021.

    02 Nov 2021

  • Director Appointment

    Sapna Venugopal Salian was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Aug 2018 & has been associated with this company since 6 years 6 months .

    02 Aug 2018

Frequently asked questions

  • Classic Clearing And Forwarding Private Limited was incorporated on 06 Feb 1985.

  • The authorized share capital of Classic Clearing And Forwarding Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.45 Cr.

  • Currently 4 directors are associated with Classic Clearing And Forwarding Private Limited.

    • Sunil Bhaskar Salian
    • Varija Bhaskar Salian
    • Sapna Venugopal Salian
    • Gotla Murahari Sathyanarayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Classic Clearing And Forwarding Private Limited is B/507 Pranik Chambers 5Th Floor Sakinaka Junction Sakivihar Road, Andhe Ri (East) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Classic Clearing And Forwarding Private Limited is U63030MH1985PTC035273 and the company number is 035273 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Classic Clearing And Forwarding Private Limited is https://www.classicgroup.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Classic Clearing And Forwarding Private Limited has fallen by -8.46%.

  • As Per 2023 financial reports, 161 employees are currently employed by Classic Clearing And Forwarding Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Classic Clearing And Forwarding Private Limited has experienced an upsurge of 15.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Classic Clearing And Forwarding Private Limited amount to ₹ 9.41 Cr.

  • The most recent Balance Sheet for Classic Clearing And Forwarding Private Limited was filed with the ROC on 31 Mar 2023.

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