MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0039972
Classic Clearing and Forwarding Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹240.18 Cr
▲ 10% YoY
Net profit · FY 2025
₹86.48 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹4.02 Cr
EBITDA margin 1.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.45 Cr
Issued & subscribed
Open charges
₹40.91 Cr
Secured borrowings
Company age
41 yrs
Est. 1985
Employees · EPFO
161
Provident fund records
About Classic Clearing and Forwarding Private Limited
Data last updated:
Classic Clearing and Forwarding Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 06 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH1985PTC035273. Its GSTIN is 27AAACC2274K1ZN (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors including Sunil Bhaskar Salian (Managing Director) and Sapna Venugopal Salian (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹240.18 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹86.48 Lakh (net margin 0.4%) and EBITDA of ₹4.02 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company has about 161 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.91 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 7 cases are pending.
Classic Clearing and Forwarding Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0039972). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classicgroup.org.in.
Company details
CIN U63030MH1985PTC035273
Registration Number 035273
Incorporation Date 06 February 1985
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0039972
Key People
Sunil Bhaskar Salian Managing Director Sapna Venugopal Salian Whole-Time Director Varija Bhaskar Salian Whole-Time Director Recognitions & Rankings of Classic Clearing and Forwarding
Contact details
Classic Clearing and Forwarding Private Limited's registered office is in Mumbai, Maharashtra. Its website is classicgroup.org.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/507 Pranik Chambers 5th Floor Sakinaka Junction Sakivihar Road Andhe, Ri (East), Mumbai, Maharashtra, India – 400072
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Classic Clearing and Forwarding Private Limited, buy the company report.
Comprehensive company report
Classic Clearing and Forwarding Private Limited - one report that includes everything
- 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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Business activity
The main business activity of Classic Clearing and Forwarding is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Classic Clearing and Forwarding Private Limited, buy the company report.
Financials of Classic Clearing and Forwarding Private Limited
FY 2024 filings availableClassic Clearing and Forwarding Private Limited reported revenue of ₹240.18 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹240.18 Cr ▲ 10%
Net profit · FY 2025
₹86.48 Lakh margin 0.4%
EBITDA · FY 2025
₹4.02 Cr margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 10%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 61%
5 years · compounded
▲ 48%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 10% growth in the latest year. EBITDA fell 25% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Classic Clearing and Forwarding Private Limited, buy the company report.
Board of directors of Classic Clearing and Forwarding Private Limited
Classic Clearing and Forwarding has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gotla Murahari Sathyanarayanan | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
| Sapna Venugopal Salian Also directs: Classic Logistics International Private Limited | Whole-Time Director | 02 Aug 2018 | 8 Years 2 Months | Current |
| Sunil Bhaskar Salian Also directs: Classic Logistics International Private Limited | Managing Director | 03 Feb 2000 | 26 Years 8 Months | Current |
| Varija Bhaskar Salian Also directs: Classic Logistics International Private Limited | Whole-Time Director | 06 Feb 1985 | 41 Years 8 Months | Current |
Auditor
Classic Clearing and Forwarding Private Limited is audited by B. L. DASHARDA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. L. DASHARDA & ASSOCIATES | FY 2022 | 112615W |
Shareholding
The shareholding of Classic Clearing and Forwarding 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 Classic Clearing and Forwarding Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101082780 | Others | ₹15 Cr | Open | |
| 07 Jan 2025 | 101040014 | Canara Bank | ₹10 Cr | Open | |
| 30 Dec 2023 | 100879855 | Canara Bank | ₹1.5 Cr | Open | |
| 24 May 2022 | 100586740 | Canara Bank | ₹7.7 Lakh | Open | |
| 17 Jun 2011 | 10293825 | Canara Bank | ₹11.66 Cr | Open |
To see the full charge records of Classic Clearing and Forwarding Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Classic Clearing and Forwarding Private Limited has 7 court cases on record: 7 filed by Classic Clearing and Forwarding. All cases are pending.
Total cases
7
Filed by the company
7
Pending
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 7 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Assistant Commissioner St | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner St | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
To see the full case history of Classic Clearing and Forwarding 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
Classic Clearing and Forwarding Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 6 micro and small suppliers. 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Seatrans Freight Carriers Private Limited | |||
| Arklogistics Services Private Limited | |||
| an individual supplier | |||
| K R Carriers | |||
| Mar-Tech Insurance Surveyors and Loss Assessors Private Limited |
To see the full MSME payment records of Classic Clearing and Forwarding Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Classic Clearing and Forwarding Private Limited has a workforce of 161 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
161
Active EPFO establishments
1
Employee growth
23.85%
GST
Classic Clearing and Forwarding has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2274K1ZN | Maharashtra | Active | 01 Jul 2017 |
| 24AAACC2274K1ZT | Gujarat | Active | 01 Jul 2017 |
| 33AAACC2274K1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 19AAACC2274K1ZK | West Bengal | Active | 13 Mar 2020 |
To see the full GST registrations and return filing status of Classic Clearing and Forwarding Private Limited, buy the company report.
Recent activity
Classic Clearing and Forwarding Private Limited has 7 board changes on record since 1985: 4 appointments and 3 cessations. The latest: Gotla Murahari Sathyanarayanan was appointed as Director on 01 Nov 2023.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101082780 was registered on 28 Mar 2025.
Charges
A charge with Canara Bank of Rs. 11.66 Cr registered on 17 Jun 2011 with Charge ID 10293825 was modified on 23 Jan 2025.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 101040014 was registered on 07 Jan 2025.
AGM
Classic Clearing And Forwarding Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Classic Clearing And Forwarding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Canara Bank amounted to Rs. 1.50 Cr with Charge ID 100879855 was registered on 30 Dec 2023.
Appointed
Gotla Murahari Sathyanarayanan was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 100586740 was registered on 24 May 2022.
Ceased
Anil Ganapati Kumta ceased to be Director.
Ceased
Sunil Bhaskar Salian ceased to be Managing Director.
Ceased
Kunjibettu Bhaskar Salian ceased to be Managing Director.
Appointed
Sapna Venugopal Salian was appointed as Whole-Time Director.
16 earlier events are in the company report.
Frequently asked questions
Classic Clearing and Forwarding is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 06 February 1985 (41+ years old) and is registered under CIN U63030MH1985PTC035273.
Classic Clearing and Forwarding has 4 current directors:
- Sunil Bhaskar Salian - Managing Director
- Sapna Venugopal Salian - Whole-Time Director
- Varija Bhaskar Salian - Whole-Time Director
- Gotla Murahari Sathyanarayanan - Director
The latest financial statements of Classic Clearing and Forwarding on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Clearing and Forwarding is 27AAACC2274K1ZN, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 24AAACC2274K1ZT (Gujarat), 33AAACC2274K1ZU (Tamil Nadu), 19AAACC2274K1ZK (West Bengal).
The CIN (Corporate Identification Number) of Classic Clearing and Forwarding is U63030MH1985PTC035273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Clearing and Forwarding has 7 court cases on record: 7 filed by the company. 7 are pending.
Classic Clearing and Forwarding was incorporated on 06 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Gotla Murahari Sathyanarayanan was appointed as Director on 01 Nov 2023. Anil Ganapati Kumta ceased to be Director on 28 Mar 2022. Sunil Bhaskar Salian ceased to be Managing Director on 09 Oct 2020. Classic Clearing and Forwarding has 7 board changes on record in total.
Yes, Classic Clearing and Forwarding is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0039972).
Classic Clearing and Forwarding has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 6 micro and small suppliers. The latest return was filed on 12 Mar 2021.
Classic Clearing and Forwarding can be reached through the website classicgroup.org.in. Its registered office is in Mumbai, Maharashtra, India.