Freight Wings Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.79 Cr
- Company Age 42 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.12 Cr
- Satisfied Charges ₹ 57.52 Cr
- Revenue Growth 68.18%
- Profit Growth 250.03%
- Ebitda 119.52%
- Net Worth 49.52%
- Total Assets 104.97%
About Freight Wings
Freight Wings Private Limited (FWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 October 1982 and has a history of 42 years and three months. Its registered office is in Mumbai, Maharashtra.
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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.79 Cr.
The company currently has active open charges totaling ₹34.12 Cr. The company has closed loans amounting to ₹57.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sushila Papriwal and Vijay Papriwal serve as directors at the Company.
Company Details
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LocationMumbai, Maharashtra
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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
U63090MH1982PTC028508
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Company No.
028508
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Oct 1982
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Freight Wings Private Limited offer?
Freight Wings Private Limited offers a wide range of products and services, including Automobile Repairing and Maintenance, Four Wheeler Repair and Maintenance Services, Building & Real Estate Developers, Building Construction, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Chemical Plants & Machinery, Petrochemical Refineries, Thermal Power Plant, Internet Solutions.
Who are the key members and board of directors at Freight Wings?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushila Papriwal
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Director | 17-Jun-1985 | Current |
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Vijay Papriwal
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Director | 16-Oct-1982 | Current |
Financial Performance of Freight Wings.
Freight Wings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.18% increase. The company also saw a substantial improvement in profitability, with a 250.03% increase in profit. The company's net worth Soared by an impressive increase of 49.52%.
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What is the Ownership and Shareholding Structure of Freight Wings?
In 2022, Freight Wings had a public holding of 24.17%. The company had 3 Associate Companies. 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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Fwpl Properties Private LimitedSushila Papriwal and Vijay Papriwal are mutual person
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Total Movements Private LimitedVijay Papriwal is a mutual person
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Rajpalace Inn Private LimitedSushila Papriwal and Vijay Papriwal are mutual person
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Freight Wings Consultants Private Limited
Sushila Papriwal and Vijay Papriwal are mutual person
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Autocircus Retail Private Limited
Vijay Papriwal is a mutual person
Charges (Loans)
₹34.12 Cr
₹57.52 Cr
Charges Breakdown by Lending Institutions
- Tata Capital Financial Services Limited : 17.93 Cr
- Others : 16.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2023 | Others | ₹1.20 Cr | Open |
| 30 Apr 2023 | Tata Capital Financial Services Limited | ₹2.50 Cr | Open |
| 15 Feb 2023 | Others | ₹4.99 Cr | Open |
| 20 Jan 2023 | Tata Capital Financial Services Limited | ₹6.10 Cr | Open |
| 28 Dec 2022 | Tata Capital Financial Services Limited | ₹2.00 Cr | Open |
How Many Employees Work at Freight Wings?
Freight Wings has a workforce of 95 employees as of Apr 06, 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 Wings, 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 Wings'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.
