First Flight Couriers Limited

Global courier and logistics company offering a range of services including delivery, tracking, and travel assistance.

1988 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated:

First Flight Couriers Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.27 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 103.36 Cr
  • Revenue Growth -23.10%
  • Profit Growth -21.51%
  • Ebitda -36.39%
  • Net Worth -121.87%
  • Total Assets -27.30%

About First Flight Couriers

First Flight Couriers Limited (FFCL) is Under Cirp company established on 02 May 1988 with its office registered at Mumbai, Maharashtra, India and has been running since 36 Year, 10 Months with a paid up capital of 16.27 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U64100MH1988PLC047228

  • Company No.

    047228

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 May 1988

  • Date of AGM

    29 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does First Flight Couriers Limited offer?

First Flight Couriers Limited offers a wide range of products and services, including Transport Agents & Bulk Carriers, Logistics Service, Forwarding & Custom Clearing, Freight Forwarding Services, Tour Operators and Travel Agents, Travel Service, Parcel Delivery Services, Courier Service, Local Courier Services, Domestic Courier Service.

Who are the key members and board of directors at First Flight Couriers?

Board Members (3)

NameDesignationAppointment DateStatus
Sharmeela Saboo Country flag representing In Director 16-Sep-2015Current
Himmat Lagad Country flag representing Au Director 25-Aug-2015Current
Omprakash Saboo Country flag representing In Whole-Time Director 21-Apr-2016Current

Financial Performance of First Flight Couriers.

First Flight Couriers Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 23.1% decrease. The company also saw a substantial fall in profitability, with a 21.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 121.87%.

First Flight Couriers revenue growth over time
First Flight Couriers 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
-23.10%
Revenue from Operations
-23.58%
Total Assets
-27.30%
Profit or Loss
-21.51%
Net Worth
-121.87%
EBITDA
-36.39%

What is the Ownership and Shareholding Structure of First Flight Couriers?

In 2017, First Flight Couriers had a promoter holding of 15.28% and a public holding of 84.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹103.36 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2005Yes Bank Limited₹20.00 CrOpen
31 Dec 2015Religare Finvest Limited₹8.09 CrSatisfied
30 Dec 2014Religare Finvest Limited₹7.32 CrSatisfied
23 Nov 2011Yes Bank Limited₹20.00 CrSatisfied
27 Mar 2007Standard Chartered Bank₹10.00 CrSatisfied

How Many Employees Work at First Flight Couriers?

First Flight Couriers has a workforce of 26 employees as of Apr 07, 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.

Employee growth trends for First Flight Couriers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Flight Couriers, 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 First Flight Couriers'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 First Flight Couriers

Recent activity within the organization

  • Charges

    A charge registered on 31 Dec 2015 via Charge ID 10620587 with Religare Finvest Limited was fully satisfied on 24 Sep 2019.

  • Annual General Meeting

    First Flight Couriers Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.

  • Balance Sheet

    First Flight Couriers Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

  • Director Appointment

    Omprakash Motilal Saboo was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Apr 2016 & has been associated with this company since 8 years 10 months .

  • Charges

    A charge registered on 23 Nov 2011 via Charge ID 10322708 with Yes Bank Limited was fully satisfied on 19 Apr 2016.

  • Charges

    A charge registered on 30 Dec 2014 via Charge ID 10539057 with Religare Finvest Limited was fully satisfied on 25 Feb 2016.

Frequently asked questions

  • What is the Incorporation or founding date of First Flight Couriers Limited?

    First Flight Couriers Limited was incorporated on 02 May 1988.

  • What is authorized share capital and paid-up capital of First Flight Couriers Limited?

    The authorized share capital of First Flight Couriers Limited is ₹ 20.00 Cr and paid-up capital is ₹ 16.27 Cr.

  • Who are the current board members & directors of First Flight Couriers Limited?

    Currently 3 directors are associated with First Flight Couriers Limited.

    • Sharmeela Omprakash Saboo
    • Himmat Singh Lagad
    • Omprakash Motilal Saboo

  • What is the registered address of First Flight Couriers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of First Flight Couriers Limited is G-1001/ 02 Lotus Corporate Park Off Jay Coach Flyover Western Express Highway, Gorega On (East) India, Mumbai, Maharashtra, 400063.

  • What is the corporate identification number (CIN) and company number of First Flight Couriers Limited?

    The corporate identification number (CIN) of First Flight Couriers Limited is U64100MH1988PLC047228 and the company number is 047228 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of First Flight Couriers Limited?

    The Official website of First Flight Couriers Limited is https://www.firstflight.net

  • What has been the recent revenue trend for First Flight Couriers Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for First Flight Couriers Limited has fallen by -23.10%.

  • How many employees does First Flight Couriers Limited currently have?

    As Per 2017 financial reports, 26 employees are currently employed by First Flight Couriers Limited.

  • What change has been observed in the net worth of First Flight Couriers Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of First Flight Couriers Limited has experienced an downturn of -121.87%.

  • What are the total open charges for First Flight Couriers Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for First Flight Couriers Limited amount to ₹ 20.00 Cr.

  • When was the last Balance Sheet of First Flight Couriers Limited filed with the ROC?

    The most recent Balance Sheet for First Flight Couriers Limited was filed with the ROC on 31 Mar 2017.

People also Viewed

Similar Companies Based on Express Logistics