Target Freight Services (I) Pvt.Ltd.

Provides freight forwarding services including custom clearance, break bulk cargo, and export/import consolidation.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: January 17, 2025

Target Freight Services (I).Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.43 Cr
  • Revenue Growth -37.91%
  • Profit Growth 17.42%
  • Ebitda 4.14%
  • Net Worth -12.35%
  • Total Assets -3.97%

About Target Freight Services (I).Ltd.

Target Freight Services (I) Pvt.Ltd. (TFSIP) is a Private Limited Indian Non-Government Company incorporated in India on 27 January 2007 and has a history of 18 years. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.43 Cr.

Saba Ullal and Amber Ullal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    targetfs.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63013MH2007PTC167245

  • Company No.

    167245

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Target Freight Services (I) Pvt.Ltd. offer?

Target Freight Services (I) Pvt.Ltd. offers a wide range of products and services, including Freight Forwarding Services, Sea Freight Forwarding, Break-Bulk Cargo Handling Service, Air Exports Service, Cargo Transportation Services, Air Cargo Service, Clearing & Forwarding Services, Custom Clearing Service.

Who are the key members and board of directors at Target Freight Services (I).Ltd.?

Board Members (2)

NameDesignationAppointment DateStatus
Saba Ullal Country flag representing In Director 27-Jan-2007Current
Amber Ullal Country flag representing In Director 30-Nov-2021Current

Financial Performance of Target Freight Services (I).Ltd..

Target Freight Services (I) Pvt.Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 37.91% decrease. The company also saw a substantial improvement in profitability, with a 17.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.35%.

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
-37.91%
Revenue from Operations
-37.85%
Total Assets
-3.97%
Profit or Loss
17.42%
Net Worth
-12.35%
EBITDA
4.14%

What is the Ownership and Shareholding Structure of Target Freight Services (I).Ltd.?

Unlock access to Target Freight Services (I).Ltd.'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.25 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 1.23 Cr
  • Hdfc Bank Limited : 1.19 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2013Icici Bank Limited₹1.23 CrOpen
26 Feb 2010Hdfc Bank Limited₹1.19 CrOpen

How Many Employees Work at Target Freight Services (I).Ltd.?

Target Freight Services (I).Ltd. has a workforce of 3 employees as of Apr 08, 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 Target Freight Services (I).Ltd., 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 Target Freight Services (I).Ltd.'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 Target Freight Services (I).Ltd.

Recent activity within the organization

  • Annual General Meeting

    Target Freight Services (I) Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Target Freight Services (I) Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Amber Vasant Ullal was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 11.93 M registered on 26 Feb 2010 with Charge ID 10206275 was modified on 29 Jan 2021.

    29 Jan 2021

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 12.32 M with Charge ID 10458546 was registered on 27 Sep 2013.

    27 Sep 2013

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.93 M with Charge ID 10206275 was registered on 26 Feb 2010.

    26 Feb 2010

Frequently asked questions

  • Target Freight Services (I) Pvt.Ltd. was incorporated on 27 Jan 2007.

  • The authorized share capital of Target Freight Services (I) Pvt.Ltd. is ₹ 5.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Target Freight Services (I) Pvt.Ltd..

    • Saba Amber Ullal
    • Amber Vasant Ullal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Target Freight Services (I) Pvt.Ltd. is A-306 Sangrila 7 Bunglows Versova, Andheri (West) India, Mumbai, Maharashtra, 400061.

  • The corporate identification number (CIN) of Target Freight Services (I) Pvt.Ltd. is U63013MH2007PTC167245 and the company number is 167245 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Target Freight Services (I) Pvt.Ltd. is https://www.targetfs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Target Freight Services (I) Pvt.Ltd. has fallen by -37.91%.

  • As Per 2023 financial reports, 3 employees are currently employed by Target Freight Services (I) Pvt.Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Target Freight Services (I) Pvt.Ltd. has experienced an downturn of -12.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Target Freight Services (I) Pvt.Ltd. amount to ₹ 2.43 Cr.

  • The most recent Balance Sheet for Target Freight Services (I) Pvt.Ltd. was filed with the ROC on 31 Mar 2023.

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