
About Economic Express Pvt. Ltd
Data last updated:
Economic Express Pvt. Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 05 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U60231MP1996PTC010460. Its GSTIN is 23AAACE3664P1ZF (Madhya Pradesh). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹57.19 Lakh. It is led by directors including Akshat Agrawal and Rajiv Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 – Vikram Tower Sneh Nagar Main Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,600, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹5.21 Lakh and EBITDA of -₹5.12 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 65% over five years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website economicexpress.co.in.
Company details
Contact details
Economic Express Pvt. Ltd's registered office is in Indore, Madhya Pradesh. Its website is economicexpress.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address201 – Vikram Tower Sneh Nagar Main Road, Indore, Madhya Pradesh, India – 452001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Economic Express Pvt. Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Economic Express is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
Financials of Economic Express Pvt. Ltd
FY 2025 filings availableEconomic Express Pvt. Ltd reported revenue of ₹10,600 (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 65%. EBITDA rose 69% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.12 Lakh | ||||
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| Net Profit (PAT) | -₹5.21 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Economic Express Pvt. Ltd, buy the company report.
Board of directors of Economic Express Pvt. Ltd
Economic Express has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshat Agrawal Also directs: Plus Logistics Limited, Paras Online Services Limited | Director | 01 Feb 2023 | 3 Years 9 Months | Current |
| Rajiv Agrawal Also directs: Plus Logistics Limited, Paras Online Services Limited | Director | 05 Feb 1996 | 30 Years 9 Months | Current |
| Arun Kumar Jain Also directs: Plus Logistics Limited, Paras Online Services Limited | Director | 05 Feb 1996 | 30 Years 9 Months | Current |
Auditor
Economic Express Pvt. Ltd is audited by SUBHASH CHAND JAIN ANURAG & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH CHAND JAIN ANURAG & ASSOCIATES | FY 2021 | 004733C |
Shareholding
The shareholding of Economic Express Pvt. Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Economic Express Pvt. Ltd, buy the company report.
Legal cases
Economic Express Pvt. Ltd has 6 court cases on record: 4 filed by Economic Express, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by M S Motor Industries Company Ltd. and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Motor Industries Company Ltd. and 1 other | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against Colts Auto Ltd | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against Colts Auto Ltd. | Disposed |
| District court, Gurugram, Haryana | Court case (APP) | Filed by the company against CNC Enginering Services | Disposed |
To see the full case history of Economic Express Pvt. Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Economic Express Pvt. Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Economic Express has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACE3664P1ZF | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAACE3664P1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 33AAACE3664P1ZE | Tamil Nadu | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Economic Express Pvt. Ltd, buy the company report.
Recent activity
Economic Express Pvt. Ltd has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Ravindra Kumar Jain ceased to be Director on 06 Feb 2023.
Frequently asked questions
Economic Express is an active private limited company based in Indore, Madhya Pradesh, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 05 February 1996 (30+ years old) and is registered under CIN U60231MP1996PTC010460.
Economic Express has 3 current directors:
- Akshat Agrawal - Director
- Rajiv Agrawal - Director
- Arun Kumar Jain - Director
The latest financial statements of Economic Express on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Economic Express is 23AAACE3664P1ZF, registered in Madhya Pradesh. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACE3664P1Z7 (Maharashtra), 33AAACE3664P1ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Economic Express is U60231MP1996PTC010460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Economic Express has 6 court cases on record: 4 filed by the company and 2 filed against it.
Economic Express was incorporated on 05 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
Ravindra Kumar Jain ceased to be Director on 06 Feb 2023. Akshat Agrawal was appointed as Director on 01 Feb 2023. Arun Kumar Jain was appointed as Director on 05 Feb 1996. Economic Express has 4 board changes on record in total.
Economic Express can be reached through the website economicexpress.co.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Economic Express is at 201 – Vikram Tower Sneh Nagar Main Road, Indore, Madhya Pradesh, India – 452001.

