About Airex Logistics and Express Services Private Limited
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Airex Logistics and Express Services 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 19 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64120MH2000PTC125995. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Nadeem Mohammed Abdul and Waseem Mohammed Abdul.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 31 Sona Udyog Parsipanchayat Road Andheri (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2015, the company reported a revenue of ₹7.26 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹46.55 Lakh (net margin 6.4%) and EBITDA of ₹73.08 Lakh (EBITDA margin 10.1%).
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹90 Lakh; the latest was in March 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website airexindia.com.
Company details
Contact details
Airex Logistics and Express Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is airexindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address31 Sona Udyog Parsipanchayat Road Andheri (East), Mumbai, Maharashtra, India – 400063
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Airex Logistics and Express Services 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
Financials of Airex Logistics and Express Services Private Limited
FY 2018 filings availableAirex Logistics and Express Services Private Limited reported revenue of ₹7.26 Cr (up 48% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹7.26 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹73.08 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹46.55 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 10.1% |
| Net Profit Margin | 6.4% |
| 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 Airex Logistics and Express Services Private Limited, buy the company report.
Board of directors of Airex Logistics and Express Services Private Limited
Airex Logistics and Express Services 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 |
|---|---|---|---|---|
| Nadeem Mohammed Abdul Also directs: Adisa Agro Private Limited, Adril Logistics Private Limited | Director | 30 Mar 2012 | 14 Years 6 Months | Current |
| Waseem Mohammed Abdul Also directs: Adisa Agro Private Limited, Adril Logistics Private Limited | Director | 30 Mar 2012 | 14 Years 6 Months | Current |
| Abdul Hakeem Mohammed Also directs: Adisa Agro Private Limited, Adril Logistics Private Limited | Director | 19 Apr 2000 | 26 Years 6 Months | Current |
Auditor
Airex Logistics and Express Services Private Limited is audited by LAD & NAGARAL ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAD & NAGARAL ASSOCIATES | FY 2015 | 113252W |
Shareholding
The shareholding of Airex Logistics and Express Services Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Airex Logistics and Express Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2010 | 10319958 | The Saraswat Co-Operative Bank Limited | ₹50 Lakh | Open | |
| 05 Nov 2009 | 10233000 | The Saraswat Co.Operative Bank Ltd. | ₹4 Cr | Open |
To see the full charge records of Airex Logistics and Express Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Airex Logistics and Express Services Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹90 Lakh; the latest was in March 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2009 | Funding round | ₹90 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Airex Logistics and Express Services Private Limited has 12 court cases on record: 9 filed by Airex Logistics and Express Services, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Eyantra Industries Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Faxon Imaging Technologies Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed by the company against Faxon Imaging Technologies Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Eyantra Industries Pvt.Ltd. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Faxon Imaging Technologies Ltd. | Disposed |
To see the full case history of Airex Logistics and Express Services 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 Airex Logistics and Express Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airex Logistics and Express Services has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Airex Logistics and Express Services Private Limited, buy the company report.
Recent activity
Airex Logistics and Express Services Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Gurbux Singh Nagi ceased to be Director on 13 Mar 2013.
Frequently asked questions
Airex Logistics and Express Services 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 19 April 2000 (26+ years old) and is registered under CIN U64120MH2000PTC125995.
Airex Logistics and Express Services has 3 current directors:
- Nadeem Mohammed Abdul - Director
- Waseem Mohammed Abdul - Director
- Abdul Hakeem Mohammed - Director
The latest financial statements of Airex Logistics and Express Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Airex Logistics and Express Services has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Airex Logistics and Express Services is U64120MH2000PTC125995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airex Logistics and Express Services has 12 court cases on record: 9 filed by the company and 3 filed against it. Most are in the district courts.
Airex Logistics and Express Services was incorporated on 19 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Airex Logistics and Express Services has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹90 Lakh; the latest was in March 2012.
Gurbux Singh Nagi ceased to be Director on 13 Mar 2013. Nadeem Mohammed Abdul was appointed as Director on 30 Mar 2012. Waseem Mohammed Abdul was appointed as Director on 30 Mar 2012. Airex Logistics and Express Services has 5 board changes on record in total.
Airex Logistics and Express Services can be reached through the website airexindia.com. Its registered office is in Mumbai, Maharashtra, India.