Fargo Sales Pvt Ltd
About Fargo Sales Pvt Ltd
Data last updated:
Fargo Sales Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 05 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1985PTC036756. Its GSTIN is 27AAACF1705C1ZB (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24 Lakh. It is led by directors including Irfan Dawood Patel and Raju Akbar Ajani.
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 601 – 602 6th Floor Shakti Niwas 21 Ramchandra Lane Extn. Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.74 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹7.17 Lakh (net margin 10%) and EBITDA of ₹8.9 Lakh (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.84 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address601 – 602 6th Floor Shakti Niwas 21 Ramchandra Lane Extn. Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryTrading, Wholesale, Other Wholesale
- 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 Fargo Sales Pvt Ltd
The main business activity of Fargo Sales is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Fargo Sales Pvt Ltd FY 2025 filings available
Fargo Sales Pvt Ltd reported revenue of ₹71.74 Lakh (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fargo Sales Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 12% fall in the latest year. EBITDA fell 15% 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 Fargo Sales Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹8.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.17 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 Fargo Sales Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 Fargo Sales 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 Fargo Sales Pvt Ltd
Fargo Sales Pvt Ltd is compared with the companies closest to it by revenue in the same principal business activity (Wholesale trade, except of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hcil Netcom India Private Limited | ₹71.8 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
| Savarni Trade Impex Private Limited | ₹71.8 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Mahacare Products Private Limited | ₹71.8 Lakh (FY 2025) | •••• | •••• | 52.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Akaal Sahae Electronics (OPC) Private Limited | ₹71.74 Lakh (FY 2025) | •••• | •••• | 293.0% | •••• | Delhi, India |
| PMP Medical Products Private Limited | ₹71.74 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Fargo Sales Pvt Ltd this company | ₹71.74 Lakh (FY 2024) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Uniclimb Enterprises Private Limited | ₹71.71 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Kanth, Uttar Pradesh, India |
| Rama Ferti-Chem Limited | ₹71.68 Lakh (FY 2024) | •••• | •••• | -72.0% | •••• | Mumbai, Maharashtra, India |
| Hyphar Healthcare Private Limited | ₹71.63 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sonigara Ventures Private Limited | ₹71.6 Lakh (FY 2024) | •••• | •••• | 265.0% | •••• | Chinchbunder, Mumbai, Maharashtra, India |
| Eventro Life Sciences Private Limited | ₹71.55 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fargo Sales by revenue in the same principal business activity (Wholesale trade, except of motor vehicles and motorcycles), 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 Fargo Sales Pvt Ltd
Fargo Sales Pvt Ltd is audited by PARESHKUMARVANICHANDPAREKH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARESHKUMARVANICHANDPAREKH | 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 Fargo Sales Pvt Ltd
Fargo Sales has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irfan Dawood Patel | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Raju Akbar Ajani Also directs: Flamingo Plast Private Limited, Amkay Plast Private Limited, Ajani Plastics Industries Pvt Ltd and 5 more | Director | 01 Apr 1996 | 30 Years 6 Months | Current |
| Rashid Ebrahim Kalania | Director | 05 Jul 1985 | 41 Years 3 Months | Current |
Ownership and Shareholding of Fargo Sales Pvt Ltd
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 Fargo Sales Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 1986 | Bombay Merchantile Co-Op Bank Ltd | ₹84,000 | Open |
| 31 Oct 1985 | Bombay Merchantile Co-Op Bank Ltd | ₹10 Lakh | Open |
| 31 Oct 1985 | Bombay Merchantile Co-Op Bank Ltd | ₹10 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Fargo Sales Pvt Ltd
Fargo Sales Pvt Ltd has a workforce of 1 employees as of Apr 03, 2024.
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 Fargo Sales Pvt Ltd
Fargo Sales Pvt Ltd has 7 board changes on record since 1985: 3 appointments and 4 cessations. The latest: Irfan Dawood Patel ceased to be Additional Director on 30 Sep 2017.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fargo Sales Pvt Ltd
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 Fargo Sales Pvt Ltd
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 Fargo Sales Pvt Ltd
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 Fargo Sales Pvt Ltd
Fargo Sales has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF1705C1ZB | Maharashtra | 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 Fargo Sales Pvt Ltd
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 Fargo Sales Pvt Ltd
Fargo Sales is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 05 July 1985 (41+ years old) and is registered under CIN U51900MH1985PTC036756.
Fargo Sales reported revenue of ₹71.74 Lakh for FY 2024 (down 12% YoY).
Fargo Sales has 3 current directors:
- Irfan Dawood Patel - Director
- Raju Akbar Ajani - Director
- Rashid Ebrahim Kalania - Director
Fargo Sales reported a net profit of ₹7.17 Lakh (net margin 10%) and EBITDA of ₹8.9 Lakh (EBITDA margin 12.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fargo Sales is 11% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fargo Sales is 27AAACF1705C1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fargo Sales is U51900MH1985PTC036756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fargo Sales was incorporated on 05 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fargo Sales by revenue are Hcil Netcom India Private Limited, Savarni Trade Impex Private Limited, Mahacare Products Private Limited, Akaal Sahae Electronics (OPC) Private Limited, PMP Medical Products Private Limited and 5 more, all in the same principal business activity (Wholesale trade, except of motor vehicles and motorcycles).
Irfan Dawood Patel ceased to be Additional Director on 30 Sep 2017. Irfan Dawood Patel was appointed as Director on 01 Dec 2016. Raju Umar Patel ceased to be Whole-Time Director on 16 Oct 2016. Fargo Sales has 7 board changes on record in total.
The registered office of Fargo Sales is at 601 – 602 6th Floor Shakti Niwas 21 Ramchandra Lane Extn. Malad West, Mumbai, Maharashtra, India – 400064.