Economic Express Pvt. Ltd

Provides road transport services for freight, goods, animals, and passengers by air, land, and sea.

1996 | Indore, Madhya Pradesh (India) | Active
Last Updated: January 05, 2025

Economic Express Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.72 M
  • Company Age 29 Year, 10 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -68.24%
  • Profit Growth 36.59%
  • Ebitda 38.60%
  • Net Worth -18.78%
  • Total Assets -19.06%

About Economic Express

Economic Express Pvt. Ltd (EEPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 1996 and has a history of 29 years. Its registered office is in Indore, Madhya Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.72 M, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Agrawal, Akshat Agrawal, and Arun Jain serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    economicexpress.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60231MP1996PTC010460

  • Company No.

    010460

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Transport and Logistics

Who are the key members and board of directors at Economic Express?

Board Members (3)

Name Designation Appointment Date Status
Rajiv Agrawal Country flag representing In Director 05-Feb-1996 Current
Akshat Agrawal Country flag representing In Director 01-Feb-2023 Current
Arun Jain Country flag representing In Director 05-Feb-1996 Current

Financial Performance of Economic Express.

Economic Express Pvt. Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 68.24% decrease. The company also saw a substantial improvement in profitability, with a 36.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.78%.

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
-68.24%
Revenue from Operations
-68.48%
Total Assets
-19.06%
Profit or Loss
36.59%
Net Worth
-18.78%
EBITDA
38.60%

What is the Ownership and Shareholding Structure of Economic Express?

In 2021, Economic Express had a promoter holding of 32.49% and a public holding of 67.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Economic Express?

Unlock and access historical data on people associated with Economic Express, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economic Express, 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 Economic Express'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 Economic Express

Recent activity within the organization

  • Annual General Meeting

    Economic Express Pvt. Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Economic Express Pvt. Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Akshat Agrawal was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 2 years 14 days .

    01 Feb 2023

  • Director Appointment

    Rajiv Agrawal was appointed as a Director was appointed as a Director on 05 Feb 1996 & has been associated with this company since 29 years 10 days .

    05 Feb 1996

  • Director Appointment

    Arun Kumar Jain was appointed as a Director was appointed as a Director on 05 Feb 1996 & has been associated with this company since 29 years 10 days .

    05 Feb 1996

  • Company Incorporation

    Economic Express Pvt. Ltd was registered on 05 Feb 1996 with Roc Gwalior & aged 29 years 10 days as per MCA records.

    05 Feb 1996

Frequently asked questions

  • Economic Express Pvt. Ltd was incorporated on 05 Feb 1996.

  • The authorized share capital of Economic Express Pvt. Ltd is ₹ 6.00 M and paid-up capital is ₹ 5.72 M.

  • Currently 3 directors are associated with Economic Express Pvt. Ltd.

    • Rajiv Agrawal
    • Akshat Agrawal
    • Arun Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economic Express Pvt. Ltd is 201-Vikram Tower Sneh Nagar Main Road, India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Economic Express Pvt. Ltd is U60231MP1996PTC010460 and the company number is 010460 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Economic Express Pvt. Ltd is https://www.economicexpress.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Economic Express Pvt. Ltd has fallen by -68.24%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Economic Express Pvt. Ltd has experienced an downturn of -18.78%.

  • The most recent Balance Sheet for Economic Express Pvt. Ltd was filed with the ROC on 31 Mar 2024.

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