About Freight On Wheels Private Limited
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Freight On Wheels Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60231MH2019PTC328204. Its GSTIN is 27AADCF8008P1Z7 (Maharashtra).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹95 Lakh. It is led by directors Riya Madanlal Dubey and Madanlal Rajmani Dubey.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.95 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.17 Lakh (net margin 0.5%) and EBITDA of ₹11.15 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freight-on-wheels.business.site.
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- Registered Address105 Floor 1 Veena Chambers 4th Clive Road, Danabunder Chinchbunder, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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 of Freight On Wheels Private Limited
The main business activity of Freight On Wheels is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines | 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 Freight On Wheels Private Limited FY 2025 filings available
Freight On Wheels Private Limited reported revenue of ₹8.95 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Freight On Wheels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 5% growth in the latest year. EBITDA fell 28% 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 Freight On Wheels 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 | ₹11.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.17 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 Freight On Wheels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Freight On Wheels are in the company report.
Financial statements from FY 2020
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 Freight On Wheels Private Limited
Freight On Wheels Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Shakti Highway Carriers Private Limited | ₹9.05 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Prem Sharda Minerals Private Limited | ₹9.05 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Nimbahera, Rajasthan, India |
| M.P. Godara Logistics Private Limited | ₹9.04 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Gandhidham, Gujarat, India |
| Sanjeevani Packaging Private Limited | ₹9.03 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Lande Patil Transport Private Limited | ₹8.98 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Freight On Wheels Private Limited this company | ₹8.95 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Anandjee Infraroadways Private Limited | ₹8.93 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Bhagalpur, Bihar, India |
| Sarvottam Carriers Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Patna, Bihar, India |
| Shyam Roadlines Private Limited | ₹8.91 Cr (FY 2024) | •••• | •••• | 119.0% | •••• | New Delhi, Delhi, India |
| Enkart Logistics Private Limited | ₹8.88 Cr (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Gava Logistics Private Limited | ₹8.88 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Kharagpur, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Freight On Wheels by revenue in the Transport and Logistics industry (Road Carriers and Trucking), 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 Freight On Wheels Private Limited
Freight On Wheels Private Limited is audited by M.L.SHARMA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.L.SHARMA & CO. | 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 Freight On Wheels Private Limited
Freight On Wheels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riya Madanlal Dubey | Director | 11 Jul 2023 | 3 Years 3 Months | Current |
| Madanlal Rajmani Dubey | Director | 18 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Freight On Wheels 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 Freight On Wheels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2025 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Freight On Wheels Private Limited
Employment history and EPFO contributions of people linked to Freight On Wheels.
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 Freight On Wheels Private Limited
Freight On Wheels Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Omprakash Rajmani Dubey ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Freight On Wheels 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 Freight On Wheels 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 Freight On Wheels 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 Freight On Wheels Private Limited
Freight On Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF8008P1Z7 | Maharashtra | Active | 15 Oct 2019 |
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 Freight On Wheels 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 Freight On Wheels Private Limited
Freight On Wheels is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 18 July 2019 (7+ years old) and is registered under CIN U60231MH2019PTC328204.
Freight On Wheels reported revenue of ₹8.95 Cr for FY 2025 (up 5% YoY).
Freight On Wheels has 2 current directors:
- Riya Madanlal Dubey - Director
- Madanlal Rajmani Dubey - Director
Freight On Wheels reported a net profit of ₹4.17 Lakh (net margin 0.5%) and EBITDA of ₹11.15 Lakh (EBITDA margin 1.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Freight On Wheels is 9% over three years and 65% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Freight On Wheels is 27AADCF8008P1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Freight On Wheels is U60231MH2019PTC328204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freight On Wheels was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Freight On Wheels by revenue are New Shakti Highway Carriers Private Limited, Prem Sharda Minerals Private Limited, M.P. Godara Logistics Private Limited, Sanjeevani Packaging Private Limited, Lande Patil Transport Private Limited and 5 more, all in the Transport and Logistics industry (Road Carriers and Trucking).
Omprakash Rajmani Dubey ceased to be Additional Director on 29 Sep 2023. Riya Madanlal Dubey was appointed as Director on 11 Jul 2023. Riya Madanlal Dubey ceased to be Additional Director on 11 Jul 2023. Freight On Wheels has 6 board changes on record in total.
Yes, Freight On Wheels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).