Astral Freight Forwarders Private Limited
About Astral Freight Forwarders Private Limited
Data last updated:
Astral Freight Forwarders Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 January 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1994PTC076230. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.98 Lakh. It was led by directors including Sumeet Sahi and Sanjam Gupta.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹85,810, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5 Lakh and EBITDA of -₹3.49 Lakh (EBITDA margin -406.8%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 71% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 3 cases are pending.
Company details
Contact details
Astral Freight Forwarders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 04 3rd Floor Esplanade School Building, 160 D. N. Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services, Shipping & Maritime Services
To see the full contact details of Astral Freight Forwarders 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
Business activity
The main business activity of Astral Freight Forwarders is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Astral Freight Forwarders Private Limited, buy the company report.
Financials of Astral Freight Forwarders Private Limited
FY 2024 filings availableAstral Freight Forwarders Private Limited reported revenue of ₹85,810 (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 27% fall in the latest year. EBITDA fell 693% 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 | -₹3.49 Lakh | ||||
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| Net Profit (PAT) | -₹5 Lakh | ||||
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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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| EBITDA Margin | -406.8% | ||||
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To see the full financial statements and ratios of Astral Freight Forwarders Private Limited, buy the company report.
Board of directors of Astral Freight Forwarders Private Limited
Astral Freight Forwarders has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeet Sahi Also directs: Astral Freight Forwarders LLP, Sitara Shipping Private Limited, Women's International Shipping & Trading Association and 1 more | Director | 01 Jun 1998 | 28 Years 4 Months | As last reported |
| Sanjam Gupta Also directs: Astral Freight Forwarders LLP, Sitara Shipping Private Limited, Women's International Shipping & Trading Association and 4 more | Director | 01 Jun 1998 | 28 Years 4 Months | As last reported |
| Inderjit Sahi Satnamsingh | Director | 25 Jan 1994 | 32 Years 8 Months | As last reported |
| Satnam Singh Ramsingh Sahi Also directs: Astral Freight Forwarders LLP, Sitara Shipping Private Limited | Director | 25 Jan 1994 | 32 Years 8 Months | As last reported |
Auditor
Astral Freight Forwarders Private Limited is audited by T. RAMARAO & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. RAMARAO & CO LLP | FY 2023 | 108519W |
Shareholding
The shareholding of Astral Freight Forwarders 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 Astral Freight Forwarders Private Limited, buy the company report.
Legal cases
Astral Freight Forwarders Private Limited has 9 court cases on record: 4 filed by Astral Freight Forwarders, 5 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (EXA) | Filed by the company against Mono Steel India Ltd | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Mono Steel (India) Ltd. | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by Sitara Shipping Limited THR Director S S Sahi | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAER) | Filed against the company by individuals | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed by the company against individuals | Disposed |
To see the full case history of Astral Freight Forwarders 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 Astral Freight Forwarders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Astral Freight Forwarders Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Astral 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.
To see the full GST registrations and return filing status of Astral Freight Forwarders Private Limited, buy the company report.
Recent activity
Astral Freight Forwarders Private Limited has 4 board changes on record since 1994: 4 appointments. The latest: Sanjam Gupta was appointed as Director on 01 Jun 1998.
Frequently asked questions
Astral Freight Forwarders has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Astral Freight Forwarders was a private limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 25 January 1994 and is registered under CIN U63090MH1994PTC076230. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Astral Freight Forwarders is U63090MH1994PTC076230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astral Freight Forwarders had 4 directors:
- Sumeet Sahi - Director
- Sanjam Gupta - Director
- Inderjit Sahi Satnamsingh - Director
- Satnam Singh Ramsingh Sahi - Director
Astral Freight Forwarders was incorporated on 25 January 1994. It is registered with the Registrar of Companies, Mumbai.
The registered office of Astral Freight Forwarders is at Office No. 04 3rd Floor Esplanade School Building, 160 D. N. Road Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Astral Freight Forwarders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
No. Astral Freight Forwarders has 1 GST registration on record and it is cancelled or inactive.
Astral Freight Forwarders operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
Astral Freight Forwarders has 9 court cases on record: 4 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.