Freightwings And Travels Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 4.99 Cr
- Company Age 45 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.53 Cr
- Satisfied Charges ₹ 39.72 Cr
- Revenue Growth -35.42%
- Profit Growth -355.24%
- Ebitda -158.16%
- Net Worth -3.94%
- Total Assets -23.93%
About Freightwings And Travels
Freightwings And Travels Private Limited (FATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1979 and has a history of 45 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Freightwings & Travels 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 6.00 Cr and a paid-up capital of Rs 4.99 Cr.
The company currently has active open charges totaling ₹18.53 Cr. The company has closed loans amounting to ₹39.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vivek Kele and Nityam Khosla serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
U45200MH1979PTC021294
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Company No.
021294
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 May 1979
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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 Mumbai
Industry
Who are the key members and board of directors at Freightwings And Travels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Kele
|
Director | 25-Aug-2023 | Current |
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Nityam Khosla
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Director | 25-Aug-2023 | Current |
Financial Performance of Freightwings And Travels.
Freightwings And Travels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.42% decrease. The company also saw a substantial fall in profitability, with a 355.24% decrease in profit. The company's net worth dipped by a decrease of 3.94%.
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What is the Ownership and Shareholding Structure of Freightwings And Travels?
In 2023, Freightwings And Travels had a promoter holding of 99.99% and a public holding of 0.01%. The company had 3 Subsidiaries. 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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Teamworld Logistics Private LimitedVivek Kele and Nityam Khosla are mutual person
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Chandra Cfs And Terminal Operators Private LimitedVivek Kele and Nityam Khosla are mutual person
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Batco Integrated Logistics Private LimitedVivek Kele and Nityam Khosla are mutual person
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Team Global Logistics Private LimitedVivek Kele and Nityam Khosla are mutual person
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International Cargo Terminal Private LimitedVivek Kele and Nityam Khosla are mutual person
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Mahaad Horticulture Private LimitedVivek Kele is a mutual person
Charges (Loans)
₹18.53 Cr
₹39.72 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 10.00 Cr
- Axis Bank Limited : 8.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2024 | Citi Bank N.A. | ₹10.00 Cr | Open |
| 03 Apr 2019 | Axis Bank Limited | ₹2.53 Cr | Open |
| 26 Dec 2018 | Axis Bank Limited | ₹6.00 Cr | Open |
| 03 Apr 2019 | Axis Bank Limited | ₹6.80 Cr | Satisfied |
| 01 Feb 2002 | Others | ₹16.35 Cr | Satisfied |
How Many Employees Work at Freightwings And Travels?
Freightwings And Travels has a workforce of 35 employees as of Apr 05, 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 Freightwings And Travels, 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 Freightwings And Travels'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.
