Freight Systems (India) Private Limited Company Logo

Freight Systems (India) Private Limited - Company Profile

It is a transport and logistics private limited company based in Chennai City Corporation, Tamil Nadu, India, established in 1993.

1993 | Chennai City Corporation, Tamil Nadu, India | Active
Last Updated:

About Freight Systems (India) Private Limited

Freight Systems (India) Private Limited, a active private limited company, was established on 07 December 1993 in Chennai City Corporation, Tamil Nadu, India. Engaging in integrated & diversified logistics services within the transport and storage sector, it holds CIN: U63010TN1993PTC062664. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.25 Cr and a paid-up capital of ₹1.77 Cr.

It upholds a compliant status. Employing 506 professional, Its leadership includes Manu Raj Bhalla (Director), Jennifer Phillips (Director), David Lionel Phillips (Director). Past directors included Venkatasubramanyam Aguru, Surya Bhagwan Rangwani, Jennifer Phillips. It holds ₹39.15 Cr open charges and ₹63.62 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Olymbia Cyberspace, 5Th Floor, No.21/22, Alandur Road,, Arulayiammanpet 2Nd Street, Gunidy, Chennai, Chennai City Corporation, Tamil Nadu, 600032.

Company Details

  • CIN/LLPIN

    U63010TN1993PTC062664

  • Registration Number

    062664

  • Incorporation Date

    07 December 1993

  • Authorized Capital

    ₹3.25 Cr

  • Paid-Up Capital

    ₹1.77 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.25 Cr
  • Paid Up Capital ₹ 1.77 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 39.15 Cr
  • Satisfied Charges ₹ 63.62 Cr
  • Revenue Growth -41.60%
  • Profit Growth -86.30%
  • Ebitda -93.62%
  • Net Worth 2.32%
  • Total Assets -5.47%
Company report

Freight Systems (India) Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Freight Systems (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Freight Systems (India) Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Manu Raj BhallaDirector14 Sep 1999Current
Jennifer PhillipsDirector27 Apr 2021Current
David Lionel PhillipsDirector04 Aug 1995Current
Amanda Nicole PhillipsDirector21 Feb 2023Current
Jonathan PhillipsDirector06 Feb 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector24 Mar 2013Past
Pramod AbcsddDirector27 Oct 2017Past
Pramod AbcsddAdditional Director22 Nov 2021Past
Pramod AbcsddDirector08 Feb 2017Past
Pramod AbcsddAdditional Director29 Sep 2023Past
Pramod AbcsddAdditional Director29 Sep 2012Past

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Financial Performance of Freight Systems (India).

Freight Systems (India) Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 41.6% decrease. The company also saw a substantial fall in profitability, with a 86.3% decrease in profit. The company's net worth moved up by a moderate rise of 2.32%.

Freight Systems (India) revenue growth over time
Freight Systems (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-41.60%
Revenue from Operations
-42.15%
Total Assets
-5.47%
Profit or Loss
-86.30%
Net Worth
2.32%
EBITDA
-93.62%

What is the Ownership and Shareholding Structure of Freight Systems (India)?

In 2024, Freight Systems (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹391,529,247.00

Satisfied Charges

₹636,234,000.00

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 18.15 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
  • Citi Bank N.A. : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2021The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrOpen
31 Oct 2016Citi Bank N.A.₹6.00 CrOpen
27 Nov 2009Standard Chartered Bank₹1.53 MOpen
29 Feb 2008Standard Chartered Bank₹18.00 CrOpen
27 Nov 2017Citi Bank N.A.₹15.00 CrSatisfied

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How Many Employees Work at Freight Systems (India)?

Freight Systems (India) has a workforce of 506 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Freight Systems (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Freight Systems (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Freight Systems (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Freight Systems (India)

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 02 Sep 2016 via Charge ID 100063034 with Citi Bank N.A. was fully satisfied on 31 Mar 2025. was completed.

  • Annual General Meeting

    Progress on Freight Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Freight Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    The activity A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 Cr registered on 29 Sep 2021 with Charge ID 100494211 was modified on 13 Oct 2023. was completed.

  • Director Appointment

    The activity Amanda Nicole Phillips was appointed as a Director was appointed as a Director on 21 Feb 2023 & has been associated with this company since 2 years 9 months . was completed.

  • Charges

    A charge registered on 27 Nov 2017 via Charge ID 100147331 with Citi Bank N.A. was fully satisfied on 20 Oct 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Freight Systems (India) Private Limited?

    The CIN of Freight Systems (India) Private Limited is U63010TN1993PTC062664.

  • Where is Freight Systems (India) Private Limited headquartered?

    Freight Systems (India) Private Limited is headquartered at Olymbia Cyberspace, 5Th Floor, No.21/22, Alandur Road,, Arulayiammanpet 2Nd Street, Gunidy, Chennai, Chennai City Corporation, Tamil Nadu, 600032.

  • When was Freight Systems (India) Private Limited incorporated?

    Freight Systems (India) Private Limited was incorporated on 07 December 1993.

  • Who are the current directors of Freight Systems (India) Private Limited?

    The current directors of Freight Systems (India) Private Limited are

  • What is the primary industry of Freight Systems (India) Private Limited?

    The primary industry of Freight Systems (India) Private Limited is Transport And Storage.

  • Is Freight Systems (India) Private Limited a listed company?

    Freight Systems (India) Private Limited is unlisted.

  • What is the capital structure of Freight Systems (India) Private Limited?

    The authorized capital of Freight Systems (India) Private Limited is ₹3.25 Cr, and the paid-up capital is ₹1.77 Cr.

  • What is the compliance status of Freight Systems (India) Private Limited?

    The compliance status of Freight Systems (India) Private Limited is Compliant.

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