About FLPL Logistics Private Limited
Data last updated:
FLPL Logistics Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 23 July 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U60200DL2009PTC192531. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.51 Cr and a paid-up capital of ₹1.51 Cr. It was formerly known as Flywheel Logistics Private Limited. It was led by directors Firdosh Zakirhusain Irani and Mayank Singh.
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 was at Khasra No. 71/1 Vpo – Ghevra, New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.36 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹23.45 Lakh (net margin -7%) and EBITDA of ₹23.46 Lakh (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
As per MCA filings, the company had open charges of ₹403.8 Cr and satisfied charges of ₹8.55 Cr on record. Court records list 21 cases involving the company, including 1 filed by the company and 20 filed against it; 7 cases are pending.
The last known website on record is flywheellogistics.com.
Company details
Contact details
FLPL Logistics Private Limited's registered office is in New Delhi, Delhi. Its website is flywheellogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKhasra No. 71/1 Vpo – Ghevra, New Delhi, Delhi, India – 110041
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of FLPL Logistics 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 FLPL Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of FLPL Logistics Private Limited, buy the company report.
Financials of FLPL Logistics Private Limited
FY 2018 filings availableFLPL Logistics Private Limited reported revenue of ₹3.36 Cr (down 95% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over three years, including a 95% fall in the latest year. EBITDA fell 98% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.36 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹23.46 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹23.45 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7% | |||
| Net Profit Margin | -7% | |||
| 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 FLPL Logistics Private Limited, buy the company report.
Board of directors of FLPL Logistics Private Limited
FLPL Logistics has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Firdosh Zakirhusain Irani | Director | 24 Apr 2018 | 8 Years 6 Months | As last reported |
| Mayank Singh | Director | 01 Nov 2017 | 8 Years 11 Months | As last reported |
Peer comparison
FLPL Logistics Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tradeocean Cargo & Logistics Private Limited | ₹3.36 Cr (FY 2024) | 110.0% | Nagpur, Maharashtra, India | |||
| Eskay Express Carriers Private Limited | ₹3.36 Cr (FY 2024) | -10.0% | Kolkata, West Bengal, India | |||
| FLPL Logistics Private Limitedthis company | ₹3.36 Cr (FY 2018) | -₹23.45 Lakh | -7% | -95.0% | New Delhi, Delhi, India | |
| Seo Logistics Private Limited | ₹3.35 Cr (FY 2025) | 84.0% | Chennai, Tamil Nadu, India | |||
| Rad Logistics India Private Limited | ₹3.35 Cr (FY 2024) | -46.0% | New Delhi, Delhi, India | |||
| Jmy Cargo Private Limited | ₹3.35 Cr (FY 2025) | 13.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of FLPL Logistics Private Limited, buy the company report.
Auditor
FLPL Logistics Private Limited is audited by ARVIND K. JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND K. JAIN & ASSOCIATES | FY 2018 | 010605N |
Shareholding
The shareholding of FLPL Logistics Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of FLPL Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2014 | 10528451 | Punjab National Bank | ₹250 Cr | Open | |
| 04 Sep 2014 | 10531712 | Central Bank of India | ₹8.8 Cr | Open | |
| 24 Feb 2014 | 10485285 | Punjab National Bank | ₹56.25 Cr | Open | |
| 10 Jan 2014 | 10478256 | Canara Bank | ₹28.75 Cr | Open | |
| 02 Dec 2013 | 10468421 | Oriental Bank of Commerce | ₹20 Cr | Open |
To see the full charge records of FLPL Logistics Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
FLPL Logistics Private Limited has 21 court cases on record: 1 filed by FLPL Logistics, 20 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 5 |
| NCLAT | 6 | 6 | 2 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Apace Transco Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Transafe Services Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Transafe Services Ltd. | Pending |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against Apace Transco Pvt. Ltd. & Ors | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by M/S Adani Logistics Ltd | Disposed |
To see the full case history of FLPL Logistics 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 FLPL Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
FLPL Logistics has 3 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 FLPL Logistics Private Limited, buy the company report.
Recent activity
FLPL Logistics Private Limited has 11 board changes on record since 2014: 2 appointments and 9 cessations. The latest: Firdosh Zakirhusain Irani ceased to be Additional Director on 30 Sep 2018.
17 earlier events are in the company report.
Frequently asked questions
FLPL Logistics has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
FLPL Logistics was a private limited company based in New Delhi, Delhi, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 23 July 2009 and is registered under CIN U60200DL2009PTC192531. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
FLPL Logistics was incorporated on 23 July 2009. It is registered with the Registrar of Companies, Delhi.
FLPL Logistics had 2 directors:
- Firdosh Zakirhusain Irani - Director
- Mayank Singh - Director
The CIN (Corporate Identification Number) of FLPL Logistics is U60200DL2009PTC192531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of FLPL Logistics is at Khasra No. 711 Vpo – Ghevra, New Delhi, Delhi, India – 110041.
FLPL Logistics can be reached through the website flywheellogistics.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of FLPL Logistics 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. FLPL Logistics has 3 GST registrations on record and all of them are cancelled or inactive.
FLPL Logistics operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
The peers of FLPL Logistics by revenue are Tradeocean Cargo & Logistics Private Limited, Eskay Express Carriers Private Limited, Seo Logistics Private Limited, Rad Logistics India Private Limited, Jmy Cargo Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).