- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0041900

About Affreighter Logistics Private Limited
Data last updated:
Affreighter Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 22 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63013KA2010PTC054169. Its GSTIN is 29AAICA5907H1ZI (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including George Thomas and Balaji Nagarajan Srinivasachari.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.34 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.23 Cr (net margin 5.7%) and EBITDA of ₹4.66 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Affreighter Logistics. As per MCA filings, the company has open charges of ₹74.03 Lakh and satisfied charges of ₹1.3 Cr on record. Court records list 21 cases involving the company, including 20 filed by the company and 1 filed against it; 1 case is pending.
Affreighter Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0041900). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website affreighterlogistics.com.
Company details
Recognitions & Rankings of Affreighter Logistics
Contact details
Affreighter Logistics Private Limited's registered office is in Bangalore, Karnataka. Its website is affreighterlogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.18 Muthusri Complex 2nd Floor Ramamurthy Nagar Main Road Dodda Banasw, Adi, Bangalore, Karnataka, India – 560043
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Affreighter Logistics 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
Affreighter Logistics operates one associated brand: Affreighter Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers customized supply chain solutions, air freight, ocean freight, and warehousing to companies worldwide. | affreighterlogistics.com |
Business activity
The main business activity of Affreighter Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Affreighter Logistics Private Limited, buy the company report.
Financials of Affreighter Logistics Private Limited
FY 2025 filings availableAffreighter Logistics Private Limited reported revenue of ₹56.34 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.66 Cr | ||||
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| Net Profit (PAT) | ₹3.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Affreighter Logistics Private Limited, buy the company report.
Board of directors of Affreighter Logistics Private Limited
Affreighter Logistics 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 |
|---|---|---|---|---|
| George Thomas | Director | 22 Jun 2010 | 16 Years 4 Months | Current |
| Balaji Nagarajan Srinivasachari | Director | 30 Mar 2011 | 15 Years 7 Months | Current |
| Latha Balaji | Director | 22 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Affreighter Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multiverse Exim Private Limited | ₹56.51 Cr (FY 2025) | 72.0% | Mumbai, Maharashtra, India | |||
| Globe Forwarding Agencies Private Limited | ₹56.37 Cr (FY 2024) | -13.0% | Chennai, Tamil Nadu, India | |||
| Affreighter Logistics Private Limitedthis company | ₹56.34 Cr (FY 2024) | ₹3.23 Cr | 5.7% | -12.0% | 60 | Bangalore, Karnataka, India |
| TMC Global Forwarding India Private Limited | ₹56.07 Cr (FY 2025) | 118.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Affreighter Logistics Private Limited, buy the company report.
Auditor
Affreighter Logistics Private Limited is audited by VARMA RAJA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA RAJA & ASSOCIATES | FY 2023 | 012417S |
Shareholding
The shareholding of Affreighter Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Affreighter Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2024 | 101013386 | Hdfc Bank Limited | ₹6.5 Lakh | Open | |
| 09 Feb 2024 | 100927298 | Hdfc Bank Limited | ₹13.42 Lakh | Open | |
| 08 Dec 2023 | 100834548 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 24 Jun 2022 | 100599298 | Hdfc Bank Limited | ₹22.11 Lakh | Open | |
| 19 Apr 2022 | 100588538 | Hdfc Bank Limited | ₹12 Lakh | Open |
To see the full charge records of Affreighter Logistics Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Affreighter Logistics Private Limited has 21 court cases on record: 20 filed by Affreighter Logistics, 1 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S JCR Drillsol Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Royal Elegance Technologies Pvt Ltd and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S JCR Drillsol Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Royal Elegance Technologies Pvt Ltd and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Dr. Wiesner Test and Automation Pvt Ltd and 2 others | Disposed |
To see the full case history of Affreighter Logistics Private Limited, 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.
Credit ratings & regulatory alerts
Affreighter Logistics Private Limited was last rated by Crisil on 25 Jul 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Jul 2017 |
To see the full credit ratings and regulatory alerts of Affreighter Logistics Private Limited, buy the company report.
MSME payment delays
Affreighter Logistics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S. A. Consultants & Forwarders Private Limited |
To see the full MSME payment records of Affreighter Logistics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Affreighter Logistics Private Limited has a workforce of 60 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Affreighter Logistics has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA5907H1ZI | Karnataka | Active | 01 Jul 2017 |
| 33AAICA5907H1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAICA5907H1ZM | Maharashtra | Active | 15 Jun 2018 |
To see the full GST registrations and return filing status of Affreighter Logistics Private Limited, buy the company report.
Recent activity
Affreighter Logistics Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Balaji Nagarajan Srinivasachari ceased to be Managing Director on 19 Dec 2011.
6 earlier events are in the company report.
Frequently asked questions
Affreighter Logistics is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 22 June 2010 (16+ years old) and is registered under CIN U63013KA2010PTC054169.
Affreighter Logistics has 3 current directors:
- George Thomas - Director
- Balaji Nagarajan Srinivasachari - Director
- Latha Balaji - Director
The latest financial statements of Affreighter Logistics 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 Affreighter Logistics is 29AAICA5907H1ZI, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAICA5907H1ZT (Tamil Nadu), 27AAICA5907H1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Affreighter Logistics is U63013KA2010PTC054169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affreighter Logistics has 21 court cases on record: 20 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Affreighter Logistics was incorporated on 22 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Affreighter Logistics by revenue are Multiverse Exim Private Limited, Globe Forwarding Agencies Private Limited, TMC Global Forwarding India Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Balaji Nagarajan Srinivasachari ceased to be Managing Director on 19 Dec 2011. Balaji Nagarajan Srinivasachari was appointed as Director on 30 Mar 2011. George Thomas was appointed as Director on 22 Jun 2010. Affreighter Logistics has 4 board changes on record in total.
Yes, Affreighter Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0041900).
Affreighter Logistics has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.
Affreighter Logistics can be reached through the website affreighterlogistics.com. Its registered office is in Bangalore, Karnataka, India.

