Fairfreight Lines Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 5.23 M
as on 15-11-2024
- Company Age 7 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 15.88%
(FY 2023)
- Profit 45.25%
(FY 2023)
- Ebitda -4.92%
(FY 2023)
- Net Worth 91.65%
(FY 2023)
- Total Assets 61.04%
(FY 2023)
About Fairfreight Lines
The Corporate was formerly known as Saurashtra Lines Private Limited. 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 1.00 Cr and a paid-up capital of Rs 5.23 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fairfreight Lines Private Limited India is Viral Maru as COMPANY SECRETARY. Raghav Agarwalla, Sumit Maheshwari, and Piyushkumar Asthana serve as directors at the Company.
- CIN/LLPIN
U63090MH2017PTC296246
- Company No.
296246
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 2017
- Date of AGM
13 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Fairfreight Lines?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyushkumar Asthana  | Managing Director | 13-Feb-2018 | Current |
| Viral Maru | Company Secretary | 06-Mar-2024 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sumit Maheshwari | Director | 08-Jun-2018 | Current |
| Raghav Agarwalla | Director | 16-Jun-2017 | Current |
Financial Performance and Corporate Structure Insights of Fairfreight Lines.
Fairfreight Lines Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.88% increase. The company also saw a substantial improvement in profitability, with a 45.25% increase in profit. The company's net worth Soared by an impressive increase of 91.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fairfreight Lines?
In 2023, Fairfreight Lines had a promoter holding of 95.69% and a public holding of 4.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maxop Engineering Company Private LimitedActive 30 years 4 monthsSumit Maheshwari is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Fairfreight Lines?
Fairfreight Lines has a workforce of 33 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fairfreight Lines, 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 Fairfreight Lines's trajectory.
Rating
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
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.
