Air Freight Bazaar Private Limited

Air Freight Bazaar Private Limited - logistics in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U93000TN2015PTC101883 Incorporated 19 August 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company logistics
Data last updated
Revenue · FY 2017
₹12.32 Lakh
▲ 100% YoY
Net loss · FY 2017
₹38.97 Lakh
Net margin -316.2%
EBITDA · FY 2017
-₹23.99 Lakh
EBITDA margin -194.6%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹45.53 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Air Freight Bazaar Private Limited

Data last updated:

Air Freight Bazaar Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the freight services segment of the logistics and supply chain sector. It was incorporated on 19 August 2015.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U93000TN2015PTC101883. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹49 Lakh and a paid-up capital of ₹45.53 Lakh. It was led by directors including Verghese Goerge Jose and Vinay Kumar Sethia.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 2A 2nd Floor 3/5 Palat Sankaran Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034.

As per the financials filed for FY 2017, the company reported a revenue of ₹12.32 Lakh, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹38.97 Lakh (net margin -316.2%) and EBITDA of -₹23.99 Lakh (EBITDA margin -194.6%).

The company was associated with 1 brand: Air Freight Bazaar. Court records list 3 cases involving the company, including 3 filed against it.

The last known website on record is airfreightbazaar.com.

Company Details of Air Freight Bazaar Private Limited
CIN U93000TN2015PTC101883
Registration Number 101883
Incorporation Date 19 August 2015
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    2A 2nd Floor 3/5 Palat Sankaran Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034
  • Industry
    Logistics, Freight Services
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Financials, compliance, directors, charges, ownership and filings for Air Freight Bazaar Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Associated Brands with Air Freight Bazaar Private Limited

Air Freight Bazaar operates one associated brand: Air Freight Bazaar. Each brand links to its own profile.

BrandDescriptionWebsite
Air cargo tariff rates are aggregated via an online platform.airfreightbazaar.com

Business Activity of Air Freight Bazaar Private Limited

The main business activity of Air Freight Bazaar is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ7Data processing, hosting and related activities; web portalLocked
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Financials of Air Freight Bazaar Private Limited FY 2017 filings available

Air Freight Bazaar Private Limited reported revenue of ₹12.32 Lakh (up 100% YoY) for FY 2017.

Revenue · FY 2017
₹12.32 Lakh ▲ 100%
Net loss · FY 2017
₹38.97 Lakh margin -316.2%
EBITDA · FY 2017
-₹23.99 Lakh margin -194.6%

Compounded Annual Growth Rate (CAGR) of Air Freight Bazaar Private Limited

Revenue CAGR growth
1 year
▲ 100%
EBITDA CAGR growth
1 year
▼ 301%

Revenue rose 100% in the latest year. EBITDA fell 301% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Air Freight Bazaar Private Limited

MetricsFY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue₹12.32 Lakh••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA-₹23.99 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹38.97 Lakh••••
Balance Sheet
Share Capital••••••••
Reserves and Surplus••••••••
Net Worth (Total Equity)••••••••
Long-term Borrowings••••••••
Short-term Borrowings••••••••
Trade Payables••••••••
Total Liabilities••••••••
Fixed Assets••••••••
Investments••••••••
Inventories••••••••
Trade Receivables••••••••
Cash and Bank Balance••••••••
Total Assets••••••••

Financial Ratios of Air Freight Bazaar Private Limited

MetricsFY 2016-17FY 2015-16
Profitability
EBITDA Margin-194.6%••••
Net Profit Margin-316.2%••••
Return on Equity (ROE)••••••••
Return on Capital Employed (ROCE)••••••••
Return on Assets (ROA)••••••••
Liquidity and Debt
Current Ratio••••••••
Quick Ratio••••••••
Debt-to-Equity Ratio••••••••
Interest Coverage Ratio••••••••
Efficiency and Growth
Asset Turnover••••••••
Receivable Days••••••••
Payable Days••••••••
Inventory Days••••••••
Revenue Growth••••••••
Net Profit Growth••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Air Freight Bazaar are in the company report.

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Financial statements from FY 2016

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Board of Directors of Air Freight Bazaar Private Limited

Air Freight Bazaar has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Verghese Goerge JoseDirector19 Aug 201511 Years 2 MonthsAs last reported
Vinay Kumar SethiaDirector19 Aug 201511 Years 2 MonthsAs last reported
Nivesh Milapchand JainAdditional Director01 Feb 20179 Years 8 MonthsAs last reported

Peer Comparison of Air Freight Bazaar Private Limited

Air Freight Bazaar Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Logosys Cloud Private Limited₹12.45 Lakh (FY 2025)••••••••-13.0%••••Hyderabad, Telangana, India
Infia Global IT Services Private Limited₹12.42 Lakh (FY 2021)••••••••63.0%••••New Delhi, Delhi, India
Captivate Web Solutions Private Limited₹12.4 Lakh (FY 2022)••••••••5.0%••••Kolkata, West Bengal, India
Heavens Trademart Private Limited₹12.39 Lakh (FY 2020)••••••••-33.0%••••Srinagar, Jammu and Kashmir, India
Exelien Technologies Private Limited₹12.33 Lakh (FY 2019)••••••••••••Mohali, Punjab, India
Air Freight Bazaar Private Limited this company₹12.32 Lakh (FY 2017)••••••••100.0%••••Chennai, Tamil Nadu, India
Guddcause Mediaworks Private Limited₹12.32 Lakh (FY 2024)••••••••••••Bangalore, Karnataka, India
Hexical Technology Private Limited₹12.32 Lakh (FY 2024)••••••••48.0%••••Begusarai, Bihar, India
Qlab Infotech Private Limited₹12.31 Lakh (FY 2021)••••••••155.0%••••Kota, Rajasthan, India
Pixtech IT Services Private Limited₹12.29 Lakh (FY 2017)••••••••15.0%••••Kolkata, West Bengal, India
Smartworkz Digital Private Limited₹12.26 Lakh (FY 2021)••••••••9.0%••••Secunderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Air Freight Bazaar by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Air Freight Bazaar Private Limited

Air Freight Bazaar Private Limited is audited by NARASIMHAN & SRINIVASAN for the financial year 2017.

NameStatusAppointment DateCessation Date
NARASIMHAN & SRINIVASANLockedLockedLocked
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Ownership and Shareholding of Air Freight Bazaar Private Limited

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Charges & Borrowings of Air Freight Bazaar Private Limited

Air Freight Bazaar Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Air Freight Bazaar Private Limited

Employment history and EPFO contributions of people linked to Air Freight Bazaar.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Air Freight Bazaar Private Limited

Air Freight Bazaar Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Nivesh Milapchand Jain ceased to be Additional Director on 13 Apr 2018.

Ceased
Nivesh Milapchand Jain ceased to be Additional Director.
AGM
Air Freight Bazaar Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Air Freight Bazaar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Appointed
Nivesh Milapchand Jain was appointed as Additional Director.
Appointed
Verghese Goerge Jose was appointed as Director.
Appointed
Vinay Kumar Sethia was appointed as Director.
Incorporation
19 Aug 2015
Air Freight Bazaar Private Limited was registered on 19 Aug 2015 with Roc Chennai & aged 11 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Air Freight Bazaar Private Limited

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MSME Payment Delays by Air Freight Bazaar Private Limited

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Subsidiaries & Group Companies of Air Freight Bazaar Private Limited

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GST Compliance of Air Freight Bazaar Private Limited

Air Freight Bazaar has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Air Freight Bazaar Private Limited

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Related news about Air Freight Bazaar Private Limited

Frequently Asked Questions about Air Freight Bazaar Private Limited

Air Freight Bazaar has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Air Freight Bazaar was a private limited company based in Chennai, Tamil Nadu, India. The company worked in freight services, within the logistics industry. It was incorporated on 19 August 2015 and is registered under CIN U93000TN2015PTC101883. The company has been struck off by the Registrar of Companies and is no longer operational.

Air Freight Bazaar had 3 directors:

The CIN (Corporate Identification Number) of Air Freight Bazaar is U93000TN2015PTC101883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Air Freight Bazaar is at 2A 2nd Floor 35 Palat Sankaran Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034.

Air Freight Bazaar was incorporated on 19 August 2015. It is registered with the Registrar of Companies, Chennai.

Air Freight Bazaar can be reached through the website airfreightbazaar.com. Its registered office is in Chennai, Tamil Nadu, India.

Air Freight Bazaar reported revenue of ₹12.32 Lakh for FY 2017 (up 100% YoY).

Air Freight Bazaar has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹45.53 Lakh.

Air Freight Bazaar reported a net loss of ₹38.97 Lakh (net margin -316.2%) and EBITDA of -₹23.99 Lakh (EBITDA margin -194.6%) for FY 2017, as per its filed financial statements.

No. Air Freight Bazaar has 1 GST registration on record and it is cancelled or inactive.

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