Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology Private Limited - transport and logistics in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U63000UP2019PTC123294 Incorporated 13 November 2019 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Private Limited Company transport and logistics DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2022
₹4.6 Cr
▲ 25% YoY
Net loss · FY 2022
₹1.21 Cr
Net margin -26.2%
EBITDA · FY 2022
-₹1.14 Cr
EBITDA margin -24.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.56 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered

About Shift Freight Solutions and Technology Private Limited

Data last updated:

Shift Freight Solutions and Technology Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the moving and relocation services segment of the transport and logistics sector. It was incorporated on 13 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U63000UP2019PTC123294. Its GSTIN is 09ABCCS8932M1ZO (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.56 Lakh. It is led by directors including Waqarul Haque and Avinash Raghav.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at G – 3 Ground Floor D – 60 Sector – 2, Noida Gautam Buddha Nagar Uttar Pradesh, Uttar Pradesh, India – 201301.

As per the financials filed for FY 2022, the company reported a revenue of ₹4.6 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹1.21 Cr (net margin -26.2%) and EBITDA of -₹1.14 Cr (EBITDA margin -24.8%).

The company is associated with 1 brand: Shift Freight. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in November 2021. Its 10 peer companies in the Transport and Logistics industry (Online Service Providers, Packers and Movers) are compared by revenue, 5 larger and 5 smaller; the largest is Wagon Rent A Cab (India) Private Limited with revenue of ₹4.65 Cr.

Shift Freight Solutions and Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0027528). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shift-freight.com.

Company Details of Shift Freight Solutions and Technology Private Limited
CIN U63000UP2019PTC123294
Registration Number 123294
Incorporation Date 13 November 2019
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-29-0027528

CIN History of Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology has one previous CIN (Corporate Identification Number): U72900UP2019PTC123294. The current CIN is U63000UP2019PTC123294, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63000UP2019PTC123294Current
U72900UP2019PTC123294Previous

Recognitions & Rankings of Shift Freight Solutions and Technology

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-29-0027528
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Apps
  • Registered Address
    G – 3 Ground Floor D – 60 Sector – 2, Noida Gautam Buddha Nagar Uttar Pradesh, Uttar Pradesh, India – 201301
  • Industry
    Transport and Logistics, Moving & Relocation Services
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Financials, compliance, directors, charges, ownership and filings for Shift Freight Solutions and Technology Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Associated Brands with Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology operates one associated brand: Shift Freight. Each brand links to its own profile.

BrandDescriptionWebsite
Operates an app-based marketplace for booking on-demand moving and freight services.shift-freight.com

Business Activity of Shift Freight Solutions and Technology Private Limited

The main business activity of Shift Freight Solutions and Technology is transport and storage. In detail, this covers land transport via road.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
HTransport and storageH1Land Transport via RoadLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Shift Freight Solutions and Technology Private Limited FY 2022 filings available

Shift Freight Solutions and Technology Private Limited reported revenue of ₹4.6 Cr (up 25% YoY) for FY 2022.

Revenue · FY 2022
₹4.6 Cr ▲ 25%
Net loss · FY 2022
₹1.21 Cr margin -26.2%
EBITDA · FY 2022
-₹1.14 Cr margin -24.8%

Compounded Annual Growth Rate (CAGR) of Shift Freight Solutions and Technology Private Limited

Revenue CAGR growth
1 year
▲ 25%

Revenue rose 25% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Shift Freight Solutions and Technology Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue••••••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹1.14 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹1.21 Cr••••••••
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 Shift Freight Solutions and Technology Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-24.8%••••••••
Net Profit Margin-26.2%••••••••
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 Shift Freight Solutions and Technology are in the company report.

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Financial statements from FY 2020

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Board of Directors of Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Waqarul HaqueDirector20 Aug 20215 Years 2 MonthsCurrent
Avinash RaghavDirector13 Nov 20196 Years 11 MonthsCurrent
Manzoor Ahmed SahebDirector25 May 20233 Years 4 MonthsCurrent

Peer Comparison of Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Online Service Providers, Packers and Movers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wagon Rent A Cab (India) Private Limited₹4.65 Cr (FY 2025)••••••••-16.0%••••Hyderabad, Telangana, India
Kraftix Digital Private Limited₹4.64 Cr (FY 2025)••••••••39.0%••••Kolkata, West Bengal, India
Ariv Industries Private Limited₹4.62 Cr (FY 2024)••••••••397.0%••••Ahmedabad, Gujarat, India
North West Packers and Movers Private Limited₹4.61 Cr (FY 2025)••••••••5.0%••••New Delhi, Delhi, India
Mobiletech Online Services Private Limited₹4.6 Cr (FY 2022)••••••••31.0%••••Bhopal, Madhya Pradesh, India
Shift Freight Solutions and Technology Private Limited this company₹4.6 Cr (FY 2022)••••••••25.0%••••Noida, Uttar Pradesh, India
Happylocate Relocation Services Private Limited₹4.59 Cr (FY 2024)••••••••-32.0%••••Bangalore, Karnataka, India
Agarwal Car Transport Private Limited₹4.58 Cr (FY 2019)••••••••80.0%••••Mumbai, Maharashtra, India
Leo Packers and Movers India Private Limited₹4.52 Cr (FY 2025)••••••••28.0%••••Secunderabad, Telangana, India
CPMC Relocation & Logistics Private Limited₹4.49 Cr (FY 2024)••••••••-30.0%••••Kolkata, West Bengal, India
Genx Relocators and Enterprises Priavate Limited₹4.46 Cr (FY 2025)••••••••10.0%••••Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Shift Freight Solutions and Technology by revenue in the Transport and Logistics industry (Online Service Providers, Packers and Movers), 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 Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology Private Limited is audited by M M H & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
M M H & COLockedLockedLocked
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Ownership and Shareholding of Shift Freight Solutions and Technology Private Limited

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Charges & Borrowings of Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology Private Limited has 1 deal on record (1 rights issue); the latest was in November 2021.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2021Rights issue₹78 LakhInvestors: an individual
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Employees and EPFO Compliance at Shift Freight Solutions and Technology Private Limited

Employment history and EPFO contributions of people linked to Shift Freight Solutions and Technology.

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Employee and EPFO history

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Recent Activity on Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology Private Limited has 15 board changes on record since 2019: 9 appointments and 6 cessations. The latest: Anas Siddique ceased to be Additional Director on 30 Aug 2023.

Ceased
Anas Siddique ceased to be Additional Director.
Appointed
Anas Siddique was appointed as Additional Director.
Ceased
Arnada Sankar Swain ceased to be Director.
Appointed
Manzoor Ahmed Saheb was appointed as Director.
AGM
Shift Freight Solutions And Technology Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Anand Singh ceased to be Director.
Filing
Shift Freight Solutions And Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kanpur.
Ceased
Sanyogita Kanth ceased to be Director.
Appointed
Anand Singh was appointed as Director.
Appointed
Waqarul Haque was appointed as Director.
Ceased
Abhishek Shukla ceased to be Director.
Appointed
Arnada Sankar Swain was appointed as Director.

6 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Shift Freight Solutions and Technology Private Limited

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MSME Payment Delays by Shift Freight Solutions and Technology Private Limited

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Subsidiaries & Group Companies of Shift Freight Solutions and Technology Private Limited

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GST Compliance of Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09ABCCS8932M1ZOUttar PradeshActive04 Jan 2020
09ABCCS8932M1CZUttar PradeshActive27 May 2020
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GST registrations and filing compliance

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MCA Filings & Documents of Shift Freight Solutions and Technology Private Limited

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Related news about Shift Freight Solutions and Technology Private Limited

Frequently Asked Questions about Shift Freight Solutions and Technology Private Limited

Shift Freight Solutions and Technology is an active private limited company based in Noida, Uttar Pradesh, India. The company works in moving and relocation services, within the transport and logistics industry. It was incorporated on 13 November 2019 (7+ years old) and is registered under CIN U63000UP2019PTC123294.

Shift Freight Solutions and Technology reported revenue of ₹4.6 Cr for FY 2022 (up 25% YoY).

Shift Freight Solutions and Technology has 3 current directors:

Shift Freight Solutions and Technology reported a net loss of ₹1.21 Cr (net margin -26.2%) and EBITDA of -₹1.14 Cr (EBITDA margin -24.8%) for FY 2022, as per its filed financial statements.

The GSTIN of Shift Freight Solutions and Technology is 09ABCCS8932M1ZO, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09ABCCS8932M1CZ (Uttar Pradesh).

The CIN (Corporate Identification Number) of Shift Freight Solutions and Technology is U63000UP2019PTC123294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shift Freight Solutions and Technology has 1 court case on record: 1 filed against it.

Shift Freight Solutions and Technology was incorporated on 13 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.

Shift Freight Solutions and Technology has 1 deal on record (1 rights issue); the latest was in November 2021.

The peers of Shift Freight Solutions and Technology by revenue are Wagon Rent A Cab (India) Private Limited, Kraftix Digital Private Limited, Ariv Industries Private Limited, North West Packers and Movers Private Limited, Mobiletech Online Services Private Limited and 5 more, all in the Transport and Logistics industry (Online Service Providers, Packers and Movers).

Anas Siddique ceased to be Additional Director on 30 Aug 2023. Anas Siddique was appointed as Additional Director on 21 Aug 2023. Arnada Sankar Swain ceased to be Director on 25 May 2023. Shift Freight Solutions and Technology has 15 board changes on record in total.

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