Freight Systems (India) Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
- Paid Up Capital ₹ 1.77 Cr
- Company Age 31 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 44.15 Cr
- Satisfied Charges ₹ 58.62 Cr
- Revenue Growth -8.55%
- Profit Growth -27.47%
- Ebitda -31.18%
- Net Worth 20.40%
- Total Assets 5.62%
About Freight Systems (India)
Freight Systems (India) Private Limited (FSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 1993 and has a history of 31 years and one month. Its registered office is in Chennai, Tamil Nadu, 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 3.25 Cr and a paid-up capital of Rs 1.77 Cr.
The company currently has active open charges totaling ₹44.15 Cr. The company has closed loans amounting to ₹58.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U63010TN1993PTC062664
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Company No.
062664
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Dec 1993
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Freight Systems (India) Private Limited offer?
Freight Systems (India) Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Lubricants, Software Development & IT Consultant, Malware Removal Services, Forwarding & Custom Clearing, Clearing & Forwarding Services, Business Planning and Management, Business Consultant, Electric Converters, Goods Transport Services.
Who are the key members and board of directors at Freight Systems (India)?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manu Bhalla
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Director | 14-Sep-1999 | Current |
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David Phillips
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Director | 04-Aug-1995 | Current |
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Jonathan Phillips
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Director | 06-Feb-2012 | Current |
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Jennifer Phillips
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Director | 27-Apr-2021 | Current |
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Amanda Phillips
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Director | 21-Feb-2023 | Current |
Financial Performance of Freight Systems (India).
Freight Systems (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.55% decrease. The company also saw a substantial fall in profitability, with a 27.47% decrease in profit. The company's net worth Soared by an impressive increase of 20.4%.
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What is the Ownership and Shareholding Structure of Freight Systems (India)?
In 2023, Freight Systems (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Concord Maritime And Logistics Private LimitedDavid Phillips is a mutual person
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Fsl Shop Easy India Private LimitedManu Bhalla is a mutual person
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Consol Solutions India Private Limited
Manu Bhalla, David Phillips and 2 more are mutual person
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Consol Solutions Global Private Limited
Manu Bhalla, David Phillips and 2 more are mutual person
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Fsl Interem Relocations India Private Limited
Manu Bhalla, David Phillips and 2 more are mutual person
Charges (Loans)
₹44.15 Cr
₹58.62 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 18.15 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
- Citi Bank N.A. : 11.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Open |
| 31 Oct 2016 | Citi Bank N.A. | ₹6.00 Cr | Open |
| 02 Sep 2016 | Citi Bank N.A. | ₹5.00 Cr | Open |
| 27 Nov 2009 | Standard Chartered Bank | ₹1.53 M | Open |
| 29 Feb 2008 | Standard Chartered Bank | ₹18.00 Cr | Open |
How Many Employees Work at Freight Systems (India)?
Freight Systems (India) has a workforce of 506 employees as of Mar 31, 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 Freight Systems (India), 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 Freight Systems (India)'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.
