About Freightmen Clearing and Forwarding Private Limited
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Freightmen Clearing and Forwarding Private Limited is a private limited company based in Bardez, Goa, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 25 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74999GA2008PTC005810. Its GSTIN is 30AADCC4433D1ZF (Goa).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Contoco Clearing and Logistics Private Limited. It is led by directors Hementkumar Janardhan Avhad and Umesh Gopalkrishna Kamath.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B3/05 Sapna Village Co – Op Housing Society, Goa.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.81 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹3.05 Lakh (net margin -28.2%) and EBITDA of -₹2.58 Lakh (EBITDA margin -23.8%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹82.64 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 freightmenlogistics.com.
Company details
Contact details
Freightmen Clearing and Forwarding Private Limited's registered office is in Bardez, Goa. Its website is freightmenlogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB3/05 Sapna Village Co – Op Housing Society, Peddem Mapusa Goa – 403507, Bardez, Goa, India – 403507
- IndustryTransportation, Transportation Services
To see the full contact details of Freightmen Clearing and Forwarding 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 Freightmen Clearing and Forwarding is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Freightmen Clearing and Forwarding Private Limited, buy the company report.
Financials of Freightmen Clearing and Forwarding Private Limited
FY 2025 filings availableFreightmen Clearing and Forwarding Private Limited reported revenue of ₹10.81 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 47% fall in the latest year. EBITDA fell 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.58 Lakh | ||||
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| Net Profit (PAT) | -₹3.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -23.8% | ||||
| Net Profit Margin | -28.2% | ||||
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To see the full financial statements and ratios of Freightmen Clearing and Forwarding Private Limited, buy the company report.
Board of directors of Freightmen Clearing and Forwarding Private Limited
Freightmen Clearing and Forwarding has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hementkumar Janardhan Avhad | Director | 03 Mar 2010 | 16 Years 7 Months | Current |
| Umesh Gopalkrishna Kamath | Director | 11 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Freightmen Clearing and Forwarding Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pranamya Logistics Private Limited | ₹11.05 Lakh (FY 2025) | -96.0% | Ahmedabad, Gujarat, India | |||
| Kam Freight Forwarder Private Limited | ₹10.98 Lakh (FY 2025) | 86.0% | Kolkata, West Bengal, India | |||
| Predominant Industrial Resources Private Limited | ₹10.97 Lakh (FY 2023) | 1841.0% | Chennai, Tamil Nadu, India | |||
| Parveen Holidays Private Limited | ₹10.94 Lakh (FY 2021) | -98.0% | Chennai, Tamil Nadu, India | |||
| Admiral Maritech Private Limited | ₹10.85 Lakh (FY 2018) | 17.0% | Jaipur, Rajasthan, India | |||
| Freightmen Clearing and Forwarding Private Limitedthis company | ₹10.81 Lakh (FY 2025) | -₹3.05 Lakh | -28.2% | -47.0% | Bardez, Goa, India | |
| Jeelani Roadlines Private Limited | ₹10.74 Lakh (FY 2024) | 65.0% | Ghaziabad, Uttar Pradesh, India | |||
| Magi Holidays Private Limited | ₹10.74 Lakh (FY 2021) | -89.0% | Kochi, Kerala, India | |||
| Damodar Waterways Pvt Ltd | ₹10.73 Lakh (FY 2021) | -15.0% | Kolkata, West Bengal, India | |||
| Fly E-Com Global Private Limited | ₹10.72 Lakh (FY 2024) | 721.0% | Mumbai, Maharashtra, India | |||
| Ky Logistics Private Limited | ₹10.7 Lakh (FY 2024) | -49.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Freightmen Clearing and Forwarding Private Limited, buy the company report.
Auditor
Freightmen Clearing and Forwarding Private Limited is audited by CVK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CVK & ASSOCIATES | FY 2017 | 101745W |
Shareholding
The shareholding of Freightmen Clearing and Forwarding Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Freightmen Clearing and Forwarding Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2013 | 10464194 | Pujab National Bank | ₹75 Lakh | Open | |
| 14 Oct 2013 | 10455277 | Punjab National Bank | ₹7.64 Lakh | Open |
To see the full charge records of Freightmen Clearing and Forwarding Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Freightmen Clearing and Forwarding Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Freightmen Clearing and Forwarding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freightmen Clearing and Forwarding has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCC4433D1ZF | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freightmen Clearing and Forwarding Private Limited, buy the company report.
Recent activity
Freightmen Clearing and Forwarding Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ashwin Machendranath Kandade ceased to be Director on 06 Jan 2020.
2 earlier events are in the company report.
Frequently asked questions
Freightmen Clearing and Forwarding is an active private limited company based in Bardez, Goa, India. The company works in transportation services, within the transportation industry. It was incorporated on 25 June 2008 (18+ years old) and is registered under CIN U74999GA2008PTC005810.
Freightmen Clearing and Forwarding has 2 current directors:
- Hementkumar Janardhan Avhad - Director
- Umesh Gopalkrishna Kamath - Director
The latest financial statements of Freightmen Clearing and Forwarding on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Freightmen Clearing and Forwarding is 30AADCC4433D1ZF, registered in Goa.
The CIN (Corporate Identification Number) of Freightmen Clearing and Forwarding is U74999GA2008PTC005810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freightmen Clearing and Forwarding was incorporated on 25 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Freightmen Clearing and Forwarding by revenue are Pranamya Logistics Private Limited, Kam Freight Forwarder Private Limited, Predominant Industrial Resources Private Limited, Parveen Holidays Private Limited, Admiral Maritech Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Ashwin Machendranath Kandade ceased to be Director on 06 Jan 2020. Deepak Dilip Avhad ceased to be Director on 01 Oct 2015. Umesh Gopalkrishna Kamath ceased to be Additional Director on 30 Sep 2015. Freightmen Clearing and Forwarding has 8 board changes on record in total.
Freightmen Clearing and Forwarding can be reached through the website freightmenlogistics.com. Its registered office is in Bardez, Goa, India.
The registered office of Freightmen Clearing and Forwarding is at B305 Sapna Village Co – Op Housing Society, Peddem Mapusa Goa – 403507, Bardez, Goa, India – 403507.
Freightmen Clearing and Forwarding operates in the transportation industry, in the transportation services segment.
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