Prime Cargo Movers & Logistics Private Limited

Provides logistics and warehousing services to construction industry, including air and ocean freight, transportation, and custom clearance.

2013 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Prime Cargo Movers & Logistics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 12.70 Cr
  • Revenue Growth -65.65%
  • Profit Growth 65.22%
  • Ebitda 55.13%
  • Net Worth -5.65%
  • Total Assets 14.21%

About Prime Cargo Movers & Logistics

Prime Cargo Movers & Logistics Private Limited (PCMLPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 November 2013 and has a history of 11 years and two months. Its registered office is in Nagpur, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹12.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Amin Kharwa, Furkaan Burmawala, and Yasir Kharwa serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2013PTC250094

  • Company No.

    250094

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Prime Cargo Movers & Logistics?

Board Members (3)

Name Designation Appointment Date Status
Amin Kharwa Country flag representing In Director 14-Nov-2013 Current
Furkaan Burmawala Country flag representing In Director 14-Nov-2013 Current
Yasir Kharwa Country flag representing In Director 14-Nov-2013 Current

Financial Performance of Prime Cargo Movers & Logistics.

Prime Cargo Movers & Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.65% decrease. The company also saw a substantial improvement in profitability, with a 65.22% increase in profit. The company's net worth dipped by a decrease of 5.65%.

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
-65.65%
Revenue from Operations
-64.77%
Total Assets
14.21%
Profit or Loss
65.22%
Net Worth
-5.65%
EBITDA
55.13%

What is the Ownership and Shareholding Structure of Prime Cargo Movers & Logistics?

In 2023, Prime Cargo Movers & Logistics 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹12.70 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 7.00 Cr
  • Hdfc Bank Limited : 3.10 Cr
  • Others : 1.80 Cr
  • Axis Bank Limited : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
04 Feb 2019 Hdfc Bank Limited ₹1.30 Cr Satisfied
17 Oct 2015 Others ₹1.80 Cr Satisfied
17 Oct 2015 Hdfc Bank Limited ₹1.80 Cr Satisfied
13 Oct 2015 Axis Bank Limited ₹0.89 M Satisfied
29 Sep 2015 Axis Bank Limited ₹3.57 M Satisfied

How Many Employees Work at Prime Cargo Movers & Logistics?

Prime Cargo Movers & Logistics has a workforce of 7 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Cargo Movers & Logistics, 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 Prime Cargo Movers & Logistics'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 Prime Cargo Movers & Logistics

Recent activity within the organization

  • Annual General Meeting

    Prime Cargo Movers & Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prime Cargo Movers & Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 04 Feb 2019 via Charge ID 100239275 with Hdfc Bank Limited was fully satisfied on 23 May 2022.

    23 May 2022

  • Charges

    A charge registered on 17 Oct 2015 via Charge ID 100018436 with Others was fully satisfied on 23 May 2022.

    23 May 2022

  • Charges

    A charge registered on 17 Oct 2015 via Charge ID 10598902 with Hdfc Bank Limited was fully satisfied on 23 May 2022.

    23 May 2022

  • Charges

    A charge registered on 26 Aug 2015 via Charge ID 10592272 with Axis Bank Limited was fully satisfied on 19 May 2022.

    19 May 2022

Frequently asked questions

  • Prime Cargo Movers & Logistics Private Limited was incorporated on 14 Nov 2013.

  • The authorized share capital of Prime Cargo Movers & Logistics Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Prime Cargo Movers & Logistics Private Limited.

    • Amin Aziz Kharwa
    • Furkaan Hanif Burmawala
    • Yasir Kharwa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Cargo Movers & Logistics Private Limited is Flat No. 201 Saikrupa Towers, Near Mental Hospital India, Nagpur, Maharashtra, 440013.

  • The corporate identification number (CIN) of Prime Cargo Movers & Logistics Private Limited is U74999MH2013PTC250094 and the company number is 250094 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prime Cargo Movers & Logistics Private Limited is https://www.pcml.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Cargo Movers & Logistics Private Limited has fallen by -65.65%.

  • As Per 2023 financial reports, 7 employees are currently employed by Prime Cargo Movers & Logistics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Cargo Movers & Logistics Private Limited has experienced an downturn of -5.65%.

  • The most recent Balance Sheet for Prime Cargo Movers & Logistics Private Limited was filed with the ROC on 31 Mar 2023.