About Frontier Warehousing Limited
Data last updated:
Frontier Warehousing Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Rasha Ind. Pvt Ltd. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 21 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1990PLC048431. Its GSTIN is 19AAACL5835B1ZP (West Bengal).
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹18.32 Cr. It was formerly known as Little Retreat Properties & Finance Pvt. Ltd. and Frontier Warehousing Private Limited. It is led by directors including Gautam Agarwalla (Managing Director) and Rishi Bajoria.
Its last annual general meeting (AGM) was held on 17 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at East India House 20B Abdul Hamid Stree 3rd Floor Suite 3F, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.6 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹7.13 Cr (net margin 14.4%) and EBITDA of ₹42.68 Cr (EBITDA margin 86%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 19% over five years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 9 subsidiaries.
The company is associated with 1 brand: Frontier Warehousing. As per MCA filings, the company has open charges of ₹616.86 Cr and satisfied charges of ₹1,601.3 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 2 filed against it; 10 cases are pending. The company has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹49.92 Cr; the latest was in December 2021. Its 10 peer companies in the Transport and Logistics industry (Cold Storage and Warehousing, Mall Management) are compared by revenue, 5 larger and 5 smaller; the largest is SCC Transco Private Limited. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frontierwarehousing.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressEast India House 20B Abdul Hamid Stree 3rd Floor Suite 3F, Kolkata, West Bengal, India – 700069
- IndustryTransport and Logistics, Cold Storage & Warehousing 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
- One PDF report, delivered after checkout
Business Activity of Frontier Warehousing Limited
The main business activity of Frontier Warehousing is transport and storage. In detail, this covers warehousing and storage.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | 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 Frontier Warehousing Limited FY 2024 filings available
Frontier Warehousing Limited reported revenue of ₹49.6 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Frontier Warehousing Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 5% growth in the latest year. EBITDA rose 11% 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 Frontier Warehousing Limited
| 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 | ₹49.6 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹42.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.13 Cr | •••• | •••• | •••• | •••• |
| 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 Frontier Warehousing Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.4% | •••• | •••• | •••• | •••• |
| 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 Frontier Warehousing 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 Frontier Warehousing Limited
Frontier Warehousing Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Cold Storage and Warehousing, Mall Management). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SCC Transco Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Vessel Warehousing Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sunshine Vegetables Private Limited | •••• | •••• | •••• | •••• | 43 | Mundka, Delhi, India |
| Specialty Logistics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Wizqart Private Limited | •••• | •••• | •••• | •••• | 39 | Kanchipuram, Tamil Nadu, India |
| Frontier Warehousing Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Indore Treasure Island Private Limited | •••• | •••• | •••• | •••• | 14 | Mumbai, Maharashtra, India |
| Mount Maltbru Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Faiz Falkon Stainless India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Sheevam Transolutions Private Limited | •••• | •••• | •••• | •••• | 44 | Delhi, India |
| Shreeji Liquid Storage Terminals Private Limited | •••• | •••• | •••• | •••• | - | Gandhidham, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Frontier Warehousing by revenue in the Transport and Logistics industry (Cold Storage and Warehousing, Mall Management), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Frontier Warehousing Limited
Frontier Warehousing Limited is audited by Deepak Agarwal and Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak Agarwal and Associates | 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 Frontier Warehousing Limited
Frontier Warehousing has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Bajoria Also directs: Tanushree Properties LLP, Jayshree Chemicals Limited, Wires and Fabriks (Sa) Ltd and 5 more | Director | 24 Oct 2020 | 5 Years 11 Months | Current |
| Anush Agarwalla | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Gautam Agarwalla Also directs: Rasha Ind. Pvt Ltd, Tansy Realty Private Limited, Calendula Realty Private Limited and 5 more | Managing Director | 17 Dec 2009 | 16 Years 9 Months | Current |
| Amit Agarwalla Also directs: Rasha Ind. Pvt Ltd, Tansy Realty Private Limited, Calendula Realty Private Limited and 5 more | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Charu Rajgarhia Also directs: Tagore Cotton Mills Co Ltd, Asiatic Investment & Trade Development Company Limited, International Contractors Ltd and 5 more | Director | 24 Oct 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Frontier Warehousing 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 Frontier Warehousing Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2025 | Axis Bank Limited | ₹14 Cr | Open |
| 19 Nov 2025 | Others | ₹58 Cr | Open |
| 19 Nov 2025 | Others | ₹32 Cr | Open |
| 13 Nov 2025 | Idbi Bank Limited | ₹28.5 Cr | Open |
| 18 Oct 2025 | Others | ₹9.12 Cr | Open |
Total charge records: 59 View all charges
Deals & Funding of Frontier Warehousing Limited
Frontier Warehousing Limited has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹49.92 Cr; the latest was in December 2021.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹3.65 Cr | Investors: Rasha Ind. Pvt Ltd |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Amit Agarwala Huf, Gautam Agarwalla HUF, 2 individuals Seller: Diamond Vanijya Private Limited , Samrath Agents Pvt Ltd , Anupurna Mercantile Private Limited |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Rasha Ind. Pvt Ltd Seller: Hamukjan Tea Private Limited |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: Rasha Ind. Pvt Ltd , Rajhansh Merchants Pvt. Ltd. , Hamukjan Tea Private Limited Seller: Hind Ceramics Pvt. Ltd , Gentle Commercial Private Limited , 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Hind Ceramics Pvt. Ltd Seller: Gentle Commercial Private Limited |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Frontier Warehousing Limited
Frontier Warehousing Limited has 12 court cases on record: 6 filed by Frontier Warehousing, 2 filed against it, 4 where it is another party. 10 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 4 |
| District courts | 6 | 0 | 6 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax-1 | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against Phiroz M Dastoor and Co | Pending |
| District court, Hooghly, West Bengal | Civil suit | Company is another party | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Assistant Commissioner of State Tax, Esplanade and Fairley Place Charge | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Asst. Comms. of State Tax, Esplanade and Fairley Place Charge | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Frontier Warehousing Limited
Frontier Warehousing Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KVS Traders Private Limited | •••• | •••• | •••• |
| Maheshwari Datamatics Pvt Ltd. | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Frontier Warehousing Limited
Frontier Warehousing operates one associated brand: Frontier Warehousing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Warehousing and supply chain services in Kolkata. | frontierwarehousing.com |
Employees and EPFO Compliance at Frontier Warehousing Limited
Frontier Warehousing Limited has a workforce of 45 employees as of Feb 12, 2025.
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.
Group Structure of Frontier Warehousing Limited
Frontier Warehousing has 9 subsidiary companies and 3 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Tansy Realty Private Limited | U45200WB2022PTC253861 | Locked |
| Calendula Realty Private Limited | U45203WB2022PTC251379 | Locked |
| Ombre Realty Private Limited | U45209WB2022PTC254693 | Locked |
| Adarsh Restoban Private Limited | U70100WB2007PTC119502 | Locked |
| Gainwell Realty Private Limited | U70109WB2011PTC164545 | Locked |
| Dignity Infracon Private Limited | U70109WB2011PTC164622 | Locked |
Showing major subsidiaries. Total: 9.
Name History of Frontier Warehousing Limited
Frontier Warehousing has undergone 2 name changes throughout its history. The company was previously known as Little Retreat Properties & Finance Pvt. Ltd., and Frontier Warehousing Private Limited. The current legal name is Frontier Warehousing Limited.
| Company Name | Status |
|---|---|
| Frontier Warehousing Limited | Current |
| Little Retreat Properties & Finance Pvt. Ltd. | Previous |
| Frontier Warehousing Private Limited | Previous |
CIN History of Frontier Warehousing Limited
Frontier Warehousing has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70109WB1990PLC048431, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109WB1990PLC048431 | Current |
| U65922WB1990PTC048431 | Previous |
| U70109WB1990PTC048431 | Previous |
News related to Frontier Warehousing Limited
Recent Activity on Frontier Warehousing Limited
Frontier Warehousing Limited has 17 board changes on record since 2009: 6 appointments and 11 cessations. The latest: Arvind Kumar was appointed as Company Secretary on 26 May 2025.
118 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Frontier Warehousing 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.
Subsidiaries & Group Companies of Frontier Warehousing 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 Frontier Warehousing Limited
Frontier Warehousing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACL5835B1ZP | West Bengal | 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 Frontier Warehousing 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 Frontier Warehousing Limited
Frontier Warehousing is an active public limited company based in Kolkata, West Bengal, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 21 February 1990 (36+ years old) and is registered under CIN U70109WB1990PLC048431.
Frontier Warehousing reported revenue of ₹49.6 Cr for FY 2024 (up 5% YoY).
Frontier Warehousing has 5 current directors:
- Gautam Agarwalla - Managing Director
- Rishi Bajoria - Director
- Anush Agarwalla - Director
- Amit Agarwalla - Director
- Charu Rajgarhia - Director
Frontier Warehousing reported a net profit of ₹7.13 Cr (net margin 14.4%) and EBITDA of ₹42.68 Cr (EBITDA margin 86%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frontier Warehousing is 30% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Frontier Warehousing is 19AAACL5835B1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Frontier Warehousing is U70109WB1990PLC048431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontier Warehousing has 12 court cases on record: 6 filed by the company and 2 filed against it. 10 are pending. Most are in the high courts.
Frontier Warehousing was incorporated on 21 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
Frontier Warehousing has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹49.92 Cr; the latest was in December 2021.
The peers of Frontier Warehousing by revenue are SCC Transco Private Limited, Vessel Warehousing Private Limited, Sunshine Vegetables Private Limited, Specialty Logistics Private Limited, Wizqart Private Limited and 5 more, all in the Transport and Logistics industry (Cold Storage and Warehousing, Mall Management).
Arvind Kumar was appointed as Company Secretary on 26 May 2025. Anush Agarwalla ceased to be Director on 20 Feb 2025. Vijay Kumar Patodia ceased to be CFO on 15 Nov 2024. Frontier Warehousing has 17 board changes on record in total.