Fairfreight Lines Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.23 M
- Company Age 7 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 15.88%
- Profit Growth 45.25%
- Ebitda -4.92%
- Net Worth 91.65%
- Total Assets 61.04%
About Fairfreight Lines
Fairfreight Lines Private Limited (FLPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 2017 (Seven years and eight months 16 days old ). Its registered office is in Mumbai, Maharashtra, India.
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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- 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
Transport and Logistics
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 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
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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)
Saurashtra Fuels P LtdPiyushkumar Asthana is a mutual person
Global Aluminium Private LimitedSumit Maheshwari is a mutual person
Fairchem Organics LimitedSumit Maheshwari is a mutual person
Thomas Cook (India) LimitedSumit Maheshwari is a mutual person
Maxop Engineering Company Private LimitedSumit Maheshwari is a mutual person
Csb Bank LimitedSumit 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.
Latest Updates, News, and FAQs on Fairfreight Lines
Recent activity within the organization
- Annual General Meeting
Fairfreight Lines Private Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.
- Balance Sheet
Fairfreight Lines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Viral Naresh Maru was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2024 & has been associated with this company since 11 months 27 days .
- Director Appointment
Sumit Maheshwari was appointed as a Director was appointed as a Director on 08 Jun 2018 & has been associated with this company since 6 years 8 months .
- Director Appointment
Piyushkumar Asthana was appointed as a Managing Director was appointed as a Managing Director on 13 Feb 2018 & has been associated with this company since 7 years 18 days .
- Director Appointment
Raghav Agarwalla was appointed as a Director was appointed as a Director on 16 Jun 2017 & has been associated with this company since 7 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Fairfreight Lines Private Limited?
Fairfreight Lines Private Limited was incorporated on 16 Jun 2017.
What is authorized share capital and paid-up capital of Fairfreight Lines Private Limited?
The authorized share capital of Fairfreight Lines Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.23 M.
Who are the current board members & directors of Fairfreight Lines Private Limited?
Currently 4 directors are associated with Fairfreight Lines Private Limited.
- Raghav Agarwalla
- Sumit Maheshwari
- Piyushkumar Asthana
- Viral Naresh Maru
What is the registered address of Fairfreight Lines Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fairfreight Lines Private Limited is 65/C 6Th Floor Mittal Tower Nariman Point, India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Fairfreight Lines Private Limited?
The corporate identification number (CIN) of Fairfreight Lines Private Limited is U63090MH2017PTC296246 and the company number is 296246 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fairfreight Lines Private Limited?
The Official website of Fairfreight Lines Private Limited is https://www.fairfreight.com
What has been the recent revenue trend for Fairfreight Lines Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fairfreight Lines Private Limited has risen by 15.88%.
How many employees does Fairfreight Lines Private Limited currently have?
As Per 2023 financial reports, 33 employees are currently employed by Fairfreight Lines Private Limited.
What change has been observed in the net worth of Fairfreight Lines Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fairfreight Lines Private Limited has experienced an upsurge of 91.65%.
When was the last Balance Sheet of Fairfreight Lines Private Limited filed with the ROC?
The most recent Balance Sheet for Fairfreight Lines Private Limited was filed with the ROC on 31 Mar 2024.
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