Clipper Express Private Limited
About Clipper Express Private Limited
Data last updated:
Clipper Express Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 04 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC030507. Its GSTIN is 07AAACC2453Q1ZG (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Panicker and Ravi Verma.
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 A 68 Amar Colony Lajpat Nagar IV, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.62 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.96 Lakh (net margin 1.4%) and EBITDA of ₹19.52 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 288% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA 68 Amar Colony Lajpat Nagar IV, New Delhi, Delhi, India – 110024
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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
- One PDF report, delivered after checkout
Business Activity of Clipper Express Private Limited
The main business activity of Clipper Express is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Clipper Express Private Limited FY 2025 filings available
Clipper Express Private Limited reported revenue of ₹7.62 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Clipper Express Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 17% fall in the latest year. EBITDA fell 50% 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 of Clipper Express Private Limited
| 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 | ₹19.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.96 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 of Clipper Express Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Clipper Express are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Clipper Express Private Limited
Clipper Express Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reudan Shipping & Logistics Services Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Indore, Madhya Pradesh, India |
| Indo-Overseas Consultants Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Shreearihant Logistics Pvt Ltd | ₹7.73 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Guwahati, Assam, India |
| Transfreight Marine Services Private Limited | ₹7.68 Cr (FY 2021) | •••• | •••• | 50.0% | •••• | Chennai 600001, Tamil Nadu, India |
| VSS Smart Shipping India Private Limited | ₹7.65 Cr (FY 2024) | •••• | •••• | 195.0% | •••• | Chennai, Tamil Nadu, India |
| Clipper Express Private Limited this company | ₹7.62 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| DLC Forwarders Private Limited | ₹7.61 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Palak Logistics Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Fil Logistics Private Limited | ₹7.53 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| Shagun Marketing Services Private Limited | ₹7.52 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| WWLP Logistics Private Limited | ₹7.43 Cr (FY 2024) | •••• | •••• | 289.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Clipper Express by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Clipper Express Private Limited
Clipper Express Private Limited is audited by VINEETGUPTA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINEETGUPTA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Clipper Express Private Limited
Clipper Express has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Panicker | Director | 04 Feb 1988 | 38 Years 8 Months | Current |
| Ravi Verma | Director | 18 Sep 1990 | 36 Years 0 Months | Current |
Ownership and Shareholding of Clipper Express Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Clipper Express Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2024 | Others | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Clipper Express Private Limited
Clipper Express Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Clipper Express Private Limited
Employment history and EPFO contributions of people linked to Clipper Express.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Clipper Express Private Limited
Clipper Express Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Ravi Verma was appointed as Director on 18 Sep 1990.
Credit Ratings, Litigation & Regulatory Alerts for Clipper Express Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Clipper Express Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Clipper Express Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Clipper Express Private Limited
Clipper Express has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACC2453Q1ZG | Delhi | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Clipper Express Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Clipper Express Private Limited
Clipper Express is an active private limited company based in New Delhi, Delhi, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 04 February 1988 (38+ years old) and is registered under CIN U74899DL1988PTC030507.
Clipper Express reported revenue of ₹7.62 Cr for FY 2025 (down 17% YoY).
Clipper Express has 2 current directors:
- Suresh Panicker - Director
- Ravi Verma - Director
Clipper Express reported a net profit of ₹10.96 Lakh (net margin 1.4%) and EBITDA of ₹19.52 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Clipper Express is 288% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Clipper Express is 07AAACC2453Q1ZG, registered in Delhi.
The CIN (Corporate Identification Number) of Clipper Express is U74899DL1988PTC030507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clipper Express has 1 court case on record: 1 filed against it.
Clipper Express was incorporated on 04 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Clipper Express by revenue are Reudan Shipping & Logistics Services Private Limited, Indo-Overseas Consultants Private Limited, Shreearihant Logistics Pvt Ltd, Transfreight Marine Services Private Limited, VSS Smart Shipping India Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Ravi Verma was appointed as Director on 18 Sep 1990. Suresh Panicker was appointed as Director on 04 Feb 1988.