Veritiv Freight Forwarders Private Limited
About Veritiv Freight Forwarders Private Limited
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Veritiv Freight Forwarders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 01 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2016PTC288091. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nitin Rajaram Shirgaonkar and Rupali Nitin Shirgaonkar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹40,910, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹69,200 (net margin -169.2%) and EBITDA of -₹69,200 (EBITDA margin -169.2%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOff 802 16/1 To 24 & 7 B Wing Comm Bldg Nr Chakala Signal Jb Nagar Cts 16 Cts 232 & 233/1 T, O 6, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
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Financials of Veritiv Freight Forwarders Private Limited FY 2022 filings available
Veritiv Freight Forwarders Private Limited reported revenue of ₹40,910 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Veritiv Freight Forwarders Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 98% fall in the latest year. EBITDA fell 339% 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 of Veritiv Freight Forwarders Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹40,910 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹69,200 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹69,200 | •••• | •••• | •••• | •••• |
| 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 Veritiv Freight Forwarders Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -169.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -169.2% | •••• | •••• | •••• | •••• |
| 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 Veritiv Freight Forwarders are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vir Estates Pvt Ltd | ₹42,309 (FY 2024) | •••• | •••• | •••• | Jalandhar, Punjab, India | |
| Pushpak Logistics Private Limited | ₹41,743 (FY 2025) | •••• | •••• | -64.0% | •••• | Jamnagar, Gujarat, India |
| Orbitnote Technologies Private Limited | ₹41,681 (FY 2019) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| Starunicorn Private Limited | ₹41,581 (FY 2025) | •••• | •••• | •••• | Bhangar, West Bengal, India | |
| Shkava Container Line Private Limited | ₹41,113 (FY 2019) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Veritiv Freight Forwarders Private Limited this company | ₹40,910 (FY 2022) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Zyngo Clean Mobility Private Limited | ₹40,771 (FY 2025) | •••• | •••• | -96.0% | •••• | Gurugram, Haryana, India |
| Deepbhumi Logistics Private Limited | ₹40,197 (FY 2020) | •••• | •••• | -65.0% | •••• | Delhi, India |
| Caliber Shipping Private Limited | ₹40,000 (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Firstway Cargo Movers Private Limited | ₹40,000 (FY 2025) | •••• | •••• | -47.0% | •••• | Ernakulam, Kerala, India |
| Kottai Transport Private Limited | ₹40,000 (FY 2019) | •••• | •••• | •••• | Tiruchirappalli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Veritiv Freight Forwarders by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Rajaram Shirgaonkar Also directs: Ankqur Ecosystem Private Limited, Rinchem Shippers Private Limited | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
| Rupali Nitin Shirgaonkar Also directs: Rinchem Shippers Private Limited | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
| Vinayak Shashikant Nimbalkar Also directs: Rinchem Shippers Private Limited | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
Ownership and Shareholding of Veritiv Freight Forwarders Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Veritiv Freight Forwarders Private Limited
Employment history and EPFO contributions of people linked to Veritiv Freight Forwarders.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders has one previous CIN (Corporate Identification Number): U74999MH2016PTC288091. The current CIN is U93000MH2016PTC288091, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2016PTC288091 | Current |
| U74999MH2016PTC288091 | Previous |
Recent Activity on Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Shailendra Kamalashankar Mishra ceased to be Director on 12 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Veritiv Freight Forwarders Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veritiv Freight Forwarders Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veritiv Freight Forwarders Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veritiv Freight Forwarders Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veritiv Freight Forwarders Private Limited
Veritiv Freight Forwarders is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 01 December 2016 (10+ years old) and is registered under CIN U93000MH2016PTC288091.
Veritiv Freight Forwarders reported revenue of ₹40,910 for FY 2022 (down 98% YoY).
Veritiv Freight Forwarders has 3 current directors:
- Nitin Rajaram Shirgaonkar - Director
- Rupali Nitin Shirgaonkar - Director
- Vinayak Shashikant Nimbalkar - Director
Veritiv Freight Forwarders reported a net loss of ₹69,200 (net margin -169.2%) and EBITDA of -₹69,200 (EBITDA margin -169.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veritiv Freight Forwarders is -75% over three years. In the latest year (FY 2022) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
No. Veritiv Freight Forwarders has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Veritiv Freight Forwarders is U93000MH2016PTC288091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritiv Freight Forwarders was incorporated on 01 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veritiv Freight Forwarders by revenue are Vir Estates Pvt Ltd, Pushpak Logistics Private Limited, Orbitnote Technologies Private Limited, Starunicorn Private Limited, Shkava Container Line Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Shailendra Kamalashankar Mishra ceased to be Director on 12 Jan 2018. Sunil Raju Sinha ceased to be Director on 12 Jan 2018. Nitin Rajaram Shirgaonkar was appointed as Director on 11 Jan 2018. Veritiv Freight Forwarders has 5 board changes on record in total.
The registered office of Veritiv Freight Forwarders is at Off 802 161 To 24 & 7 B Wing Comm Bldg Nr Chakala Signal Jb Nagar Cts 16 Cts 232 & 2331 T, O 6, Mumbai, Maharashtra, India – 400059.