About Air Freight Bazaar Private Limited
Data last updated:
Air Freight Bazaar Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 freight services segment of the logistics and supply chain sector. It was incorporated on 19 August 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U93000TN2015PTC101883. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹49 Lakh and a paid-up capital of ₹45.53 Lakh. It was led by directors including Verghese Goerge Jose and Vinay Kumar Sethia.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 2A 2nd Floor 3/5 Palat Sankaran Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2017, the company reported a revenue of ₹12.32 Lakh, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹38.97 Lakh (net margin -316.2%) and EBITDA of -₹23.99 Lakh (EBITDA margin -194.6%).
The company was associated with 1 brand: Air Freight Bazaar. Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is airfreightbazaar.com.
Company details
Contact details
Air Freight Bazaar Private Limited's registered office is in Chennai, Tamil Nadu. Its website is airfreightbazaar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2A 2nd Floor 3/5 Palat Sankaran Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034
- IndustryLogistics, Freight Services
To see the full contact details of Air Freight Bazaar 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
Air Freight Bazaar operates one associated brand: Air Freight Bazaar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Air cargo tariff rates are aggregated via an online platform. | airfreightbazaar.com |
Business activity
The main business activity of Air Freight Bazaar is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Air Freight Bazaar Private Limited, buy the company report.
Financials of Air Freight Bazaar Private Limited
FY 2017 filings availableAir Freight Bazaar Private Limited reported revenue of ₹12.32 Lakh (up 100% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 100% in the latest year. EBITDA fell 301% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹12.32 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹23.99 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹38.97 Lakh | |
| 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
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -194.6% | |
| Net Profit Margin | -316.2% | |
| 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 | ||
To see the full financial statements and ratios of Air Freight Bazaar Private Limited, buy the company report.
Board of directors of Air Freight Bazaar Private Limited
Air Freight Bazaar 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 |
|---|---|---|---|---|
| Verghese Goerge Jose Also directs: Histree Solutions Private Limited | Director | 19 Aug 2015 | 11 Years 2 Months | As last reported |
| Vinay Kumar Sethia | Director | 19 Aug 2015 | 11 Years 2 Months | As last reported |
| Nivesh Milapchand Jain | Additional Director | 01 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Air Freight Bazaar Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Logosys Cloud Private Limited | ₹12.45 Lakh (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Infia Global IT Services Private Limited | ₹12.42 Lakh (FY 2021) | 63.0% | New Delhi, Delhi, India | |||
| Captivate Web Solutions Private Limited | ₹12.4 Lakh (FY 2022) | 5.0% | Kolkata, West Bengal, India | |||
| Heavens Trademart Private Limited | ₹12.39 Lakh (FY 2020) | -33.0% | Srinagar, Jammu and Kashmir, India | |||
| Exelien Technologies Private Limited | ₹12.33 Lakh (FY 2019) | Mohali, Punjab, India | ||||
| Air Freight Bazaar Private Limitedthis company | ₹12.32 Lakh (FY 2017) | -₹38.97 Lakh | -316.2% | 100.0% | Chennai, Tamil Nadu, India | |
| Guddcause Mediaworks Private Limited | ₹12.32 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Hexical Technology Private Limited | ₹12.32 Lakh (FY 2024) | 48.0% | Begusarai, Bihar, India | |||
| Qlab Infotech Private Limited | ₹12.31 Lakh (FY 2021) | 155.0% | Kota, Rajasthan, India | |||
| Pixtech IT Services Private Limited | ₹12.29 Lakh (FY 2017) | 15.0% | Kolkata, West Bengal, India | |||
| Smartworkz Digital Private Limited | ₹12.26 Lakh (FY 2021) | 9.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Air Freight Bazaar Private Limited, buy the company report.
Auditor
Air Freight Bazaar Private Limited is audited by NARASIMHAN & SRINIVASAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARASIMHAN & SRINIVASAN | FY 2017 | 002339S |
Shareholding
The shareholding of Air Freight Bazaar Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Air Freight Bazaar Private Limited, buy the company report.
Legal cases
Air Freight Bazaar Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Gac Logistics Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Everfast Freight Forwarders Pvt Ltd | Disposed |
To see the full case history of Air Freight Bazaar 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Air Freight Bazaar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Air Freight Bazaar has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Air Freight Bazaar Private Limited, buy the company report.
Recent activity
Air Freight Bazaar Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Nivesh Milapchand Jain ceased to be Additional Director on 13 Apr 2018.
Frequently asked questions
Air Freight Bazaar 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.
Air Freight Bazaar was a private limited company based in Chennai, Tamil Nadu, India. The company worked in freight services, within the logistics industry. It was incorporated on 19 August 2015 and is registered under CIN U93000TN2015PTC101883. The company has been struck off by the Registrar of Companies and is no longer operational.
Air Freight Bazaar had 3 directors:
- Verghese Goerge Jose - Director
- Vinay Kumar Sethia - Director
- Nivesh Milapchand Jain - Additional Director
The CIN (Corporate Identification Number) of Air Freight Bazaar is U93000TN2015PTC101883. 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 Air Freight Bazaar is at 2A 2nd Floor 35 Palat Sankaran Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034.
Air Freight Bazaar was incorporated on 19 August 2015. It is registered with the Registrar of Companies, Chennai.
Air Freight Bazaar can be reached through the website airfreightbazaar.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Air Freight Bazaar on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Air Freight Bazaar has 1 GST registration on record and it is cancelled or inactive.
Air Freight Bazaar operated in the logistics industry, in the freight services segment. It worked in this industry before it was struck off.
The peers of Air Freight Bazaar by revenue are Logosys Cloud Private Limited, Infia Global IT Services Private Limited, Captivate Web Solutions Private Limited, Heavens Trademart Private Limited, Exelien Technologies Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).