About Freight Mantra Private Limited
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Freight Mantra Private Limited was a private limited company based in New Delhi, Delhi, 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 fashion retail segment of the fashion and textiles sector. It was incorporated on 03 June 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2015PTC281062. Its GSTIN is 07AACCF5899B1ZI (Delhi). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kohli Kaur Harvinder and Harmeet Kohli Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at J – 12/26 First Floor Rajouri Garden, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.54 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹20,156 (net margin 5.7%) and EBITDA of ₹51,476 (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 34% over five years.
The company was associated with 1 brand: Shipping Exchange.
The last known website on record is freightmantra.com.
Company details
Contact details
Freight Mantra Private Limited's registered office is in New Delhi, Delhi. Its website is freightmantra.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressJ – 12/26 First Floor Rajouri Garden, New Delhi, Delhi, India – 110027
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Freight Mantra Private Limited, 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
Brands
Freight Mantra operates one associated brand: Shipping Exchange. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides platform for freight rate comparisons and shipping inquiries globally. | shippingexchange.com |
Business activity
The main business activity of Freight Mantra is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Freight Mantra Private Limited, buy the company report.
Financials of Freight Mantra Private Limited
FY 2021 filings availableFreight Mantra Private Limited reported revenue of ₹3.54 Lakh (down 83% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 83% fall in the latest year. EBITDA fell 29% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.54 Lakh | ||||
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| EBITDA | ₹51,476 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹20,156 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Freight Mantra Private Limited, buy the company report.
Board of directors of Freight Mantra Private Limited
Freight Mantra has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harmeet Kohli Singh Also directs: Wabi Sabi Sustainability LLP, Sustainable Apparels LLP, One World Sustainability LLP and 3 more | Additional Director | 24 Feb 2017 | 9 Years 8 Months | As last reported |
| Kohli Kaur Harvinder | Director | 01 Aug 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Freight Mantra Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KP Factors Business Solutions Private Limited | ₹3.57 Lakh (FY 2022) | 638.0% | New Delhi, Delhi, India | |||
| Freight Mantra Private Limitedthis company | ₹3.54 Lakh (FY 2021) | ₹20,156 | 5.7% | -83.0% | New Delhi, Delhi, India | |
| Trans Appdata Technologies Private Limited | ₹3.54 Lakh (FY 2024) | -90.0% | Hyderabad, Telangana, India | |||
| Grasp IT Solutions Private Limited | ₹3.51 Lakh (FY 2024) | -33.0% | Sitapur, Uttar Pradesh, India |
To see the full peer comparison of Freight Mantra Private Limited, buy the company report.
Auditor
Freight Mantra Private Limited is audited by O P TANEJA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P TANEJA & CO | FY 2021 | 009953N |
Shareholding
The shareholding of Freight Mantra Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Freight Mantra Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Freight Mantra Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Freight Mantra Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freight Mantra has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCF5899B1ZI | Delhi | Active | 01 Jul 2017 |
| 29AACCF5899B1ZC | Karnataka | Active | 09 Mar 2018 |
To see the full GST registrations and return filing status of Freight Mantra Private Limited, buy the company report.
Recent activity
Freight Mantra Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Kohli Kaur Harvinder ceased to be Additional Director on 30 Sep 2018.
Frequently asked questions
Freight Mantra 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.
Freight Mantra was a private limited company based in New Delhi, Delhi, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 03 June 2015 and is registered under CIN U72200DL2015PTC281062. The company has been struck off by the Registrar of Companies and is no longer operational.
Freight Mantra had 2 directors:
- Harmeet Kohli Singh - Additional Director
- Kohli Kaur Harvinder - Director
The CIN (Corporate Identification Number) of Freight Mantra is U72200DL2015PTC281062. 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 Freight Mantra is at J – 1226 First Floor Rajouri Garden, New Delhi, Delhi, India – 110027.
Freight Mantra was incorporated on 03 June 2015. It is registered with the Registrar of Companies, Delhi.
Freight Mantra can be reached through the website freightmantra.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Freight Mantra on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Freight Mantra is 07AACCF5899B1ZI, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCF5899B1ZC (Karnataka).
Freight Mantra operated in the fashion and textile industry, in the fashion retail segment. It worked in this industry before it was struck off.
The peers of Freight Mantra by revenue are KP Factors Business Solutions Private Limited, Trans Appdata Technologies Private Limited, Grasp IT Solutions Private Limited, all in the Apparel industry (Apparel Retail and Distribution, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).