Millennium Freight Forwarders Private Limited

Provides comprehensive logistics services including air and sea freight, custom clearance, and warehousing.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: December 06, 2024

Millennium Freight Forwarders Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.32 Cr
  • Revenue Growth -9.47%
  • Profit Growth -77.04%
  • Ebitda -72.58%
  • Net Worth 9.68%
  • Total Assets 2.94%

About Millennium Freight Forwarders

Millennium Freight Forwarders Private Limited (MFFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1999 and has a history of 25 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.32 Cr.

Tajinderkaur Mahajan, Simran Mahajan, and Sareenkaur Mahajan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090MH1999PTC120112

  • Company No.

    120112

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Millennium Freight Forwarders Private Limited offer?

Millennium Freight Forwarders Private Limited offers a wide range of products and services, including Cargo Transportation Services, Air Cargo Service, Marketing Services & Consultants, Marketing Services, Forwarding & Custom Clearing, Freight Forwarding Services, Warehousing Services, Transportation Services.

Who are the key members and board of directors at Millennium Freight Forwarders?

Board Members (3)

Name Designation Appointment Date Status
Tajinderkaur Mahajan Country flag representing In Director 01-Jun-1999 Current
Simran Mahajan Country flag representing In Director 29-Sep-2012 Current
Sareenkaur Mahajan Country flag representing In Director 13-Jan-2024 Current

Financial Performance of Millennium Freight Forwarders.

Millennium Freight Forwarders Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.47% decrease. The company also saw a substantial fall in profitability, with a 77.04% decrease in profit. The company's net worth moved up by a moderate rise of 9.68%.

Graph illustrating revenue growth over time
Graph showing 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
-9.47%
Revenue from Operations
-9.48%
Total Assets
2.94%
Profit or Loss
-77.04%
Net Worth
9.68%
EBITDA
-72.58%

What is the Ownership and Shareholding Structure of Millennium Freight Forwarders?

In 2020, Millennium Freight Forwarders had a promoter holding of 96.16% and a public holding of 3.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.15 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.67 Cr
  • Others : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2021 Others ₹6.45 M Open
24 May 2014 State Bank Of India ₹1.67 Cr Open

How Many Employees Work at Millennium Freight Forwarders?

Unlock and access historical data on people associated with Millennium Freight Forwarders, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Millennium Freight Forwarders, 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 Millennium Freight Forwarders'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 Millennium Freight Forwarders

Recent activity within the organization

  • Annual General Meeting

    Millennium Freight Forwarders Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Millennium Freight Forwarders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sareenkaur Jagmohan Mahajan was appointed as a Director was appointed as a Director on 13 Jan 2024 & has been associated with this company since 1 year 21 days .

    13 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 6.45 M with Charge ID 100473557 was registered on 25 Mar 2021.

    25 Mar 2021

  • Charges

    A charge with State Bank Of India of Rs. 16.70 M registered on 24 May 2014 with Charge ID 10496164 was modified on 09 Feb 2018.

    09 Feb 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 16.70 M with Charge ID 10496164 was registered on 24 May 2014.

    24 May 2014

Frequently asked questions

  • Millennium Freight Forwarders Private Limited was incorporated on 31 May 1999.

  • The authorized share capital of Millennium Freight Forwarders Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Millennium Freight Forwarders Private Limited.

    • Tajinderkaur Jagmohansingh Mahajan
    • Simran Kaur Mahajan
    • Sareenkaur Jagmohan Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Freight Forwarders Private Limited is Unit No 5 Monica Tankpakhadi Sahar Village Road Near Cargo Complex Andheri India, East Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Millennium Freight Forwarders Private Limited is U63090MH1999PTC120112 and the company number is 120112 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Millennium Freight Forwarders Private Limited is https://www.millenniumfrt.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Millennium Freight Forwarders Private Limited has fallen by -9.47%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Millennium Freight Forwarders Private Limited has experienced an upsurge of 9.68%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Millennium Freight Forwarders Private Limited amount to ₹ 2.32 Cr.

  • The most recent Balance Sheet for Millennium Freight Forwarders Private Limited was filed with the ROC on 31 Mar 2024.

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