K B N Freightways Private Limited

K B N Freightways Private Limited - financial services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U63090TN1996PTC034821 Incorporated 14 March 1996 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company financial services
Revenue · FY 2019
₹23,947
▼ 98% YoY
Net loss · FY 2019
₹14.78 Lakh
Latest filing
EBITDA · FY 2019
-₹14.24 Lakh
Latest filing
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹2.95 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings

About K B N Freightways Private Limited

Data last updated:

K B N Freightways Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate financing segment of the financial services sector. It was incorporated on 14 March 1996.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN1996PTC034821. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Kotapati Babu Narasimha Prasad (Managing Director) and Kotapati Sunitha Prasad.

Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Kotapati Enclave 83 Kutcheryroad Mylapore. Chennai 600 004., Tamil Nadu, India.

As per the financials filed for FY 2019, the company reported a revenue of ₹23,947, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹14.78 Lakh and EBITDA of -₹14.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 79% over five years.

As per MCA filings, the company had satisfied charges of ₹2.95 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U63090TN1996PTC034821
Registration Number 034821
Incorporation Date 14 March 1996
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

K B N Freightways Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Kotapati Enclave 83 Kutcheryroad Mylapore. Chennai 600 004., Tamil Nadu, India
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of K B N Freightways Private Limited, buy the company report.

Comprehensive company report
K B N Freightways Private Limited - one report that includes everything
  • 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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Financials of K B N Freightways Private Limited

FY 2020 filings available

K B N Freightways Private Limited reported revenue of ₹23,947 (down 98% YoY) for FY 2019.

Revenue · FY 2019
₹23,947 ▼ 98%
Net loss · FY 2019
₹14.78 Lakh
EBITDA · FY 2019
-₹14.24 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 85%
5 years · compounded
▼ 79%

Revenue has declined at a compounded annual rate (CAGR) of 79% over five years, including a 98% fall 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹23,947
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹14.24 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14.78 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 K B N Freightways Private Limited, buy the company report.

Board of directors of K B N Freightways Private Limited

K B N Freightways has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kotapati Babu Narasimha PrasadManaging Director14 Mar 199630 Years 8 MonthsAs last reported
Kotapati Sunitha PrasadDirector14 Mar 199630 Years 8 MonthsAs last reported

Auditor

K B N Freightways Private Limited is audited by P M M ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
P M M ASSOCIATESFY 2019002494S

Shareholding

The shareholding of K B N Freightways Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of K B N Freightways Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.95 Cr
Breakdown by lending institutions
Karnataka Bank Ltd.₹1.70 Cr
Sundaram Finance Limited₹0.51 Cr
Karnataka Bank Limited₹0.40 Cr
The Karnataka Bank Limited₹0.25 Cr
Corporation Bank₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Apr 201310423585Karnataka Bank Ltd.₹1.7 CrSatisfied
27 Jul 201110307787Sundaram Finance Limited₹25.59 LakhSatisfied
27 Jul 201110307786Sundaram Finance Limited₹25.59 LakhSatisfied
14 Jun 201110294655Karnataka Bank Limited₹2.75 LakhSatisfied
06 Sep 201010239464Karnataka Bank Limited₹37.35 LakhSatisfied

To see the full charge records of K B N Freightways Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for K B N Freightways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

K B N Freightways has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of K B N Freightways Private Limited, buy the company report.

Recent activity

K B N Freightways Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Kotapati Babu Narasimha Prasad was appointed as Managing Director on 14 Mar 1996.

Charges
A charge registered on 27 Jul 2011 via Charge ID 10307787 with Sundaram Finance Limited was fully satisfied on 19 Oct 2020.
Charges
A charge registered on 27 Jul 2011 via Charge ID 10307786 with Sundaram Finance Limited was fully satisfied on 19 Oct 2020.
Charges
A charge registered on 17 Apr 2013 via Charge ID 10423585 with Karnataka Bank Ltd. was fully satisfied on 05 Oct 2020.
Charges
A charge registered on 14 Jun 2011 via Charge ID 10294655 with Karnataka Bank Limited was fully satisfied on 05 Oct 2020.
Charges
A charge registered on 06 Sep 2010 via Charge ID 10239464 with Karnataka Bank Limited was fully satisfied on 05 Oct 2020.
Charges
A charge registered on 28 Oct 2009 via Charge ID 10181528 with The Karnataka Bank Limited was fully satisfied on 05 Oct 2020.
AGM
K B N Freightways Private Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.
Filing
K B N Freightways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Charges
A charge with The Karnataka Bank Limited of Rs. 0.25 Cr registered on 28 Oct 2009 with Charge ID 10181528 was modified on 18 Mar 2014.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.70 Cr with Charge ID 10423585 was registered on 17 Apr 2013.
Charges
A charge with Sundaram Finance Limited amounted to Rs. 0.26 Cr with Charge ID 10307787 was registered on 27 Jul 2011.
Charges
A charge with Sundaram Finance Limited amounted to Rs. 0.26 Cr with Charge ID 10307786 was registered on 27 Jul 2011.

8 earlier events are in the company report.

Frequently asked questions

K B N Freightways has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

K B N Freightways was a private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 14 March 1996 and is registered under CIN U63090TN1996PTC034821. The company has been struck off by the Registrar of Companies and is no longer operational.

K B N Freightways had 2 directors:

The CIN (Corporate Identification Number) of K B N Freightways is U63090TN1996PTC034821. 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 K B N Freightways is at Kotapati Enclave 83 Kutcheryroad Mylapore. Chennai 600 004., Tamil Nadu, India.

K B N Freightways was incorporated on 14 March 1996. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of K B N Freightways on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.

No. K B N Freightways has 2 GST registrations on record and all of them are cancelled or inactive.

K B N Freightways operated in the financial services industry, in the real estate financing segment. It worked in this industry before it was struck off.

K B N Freightways has 1 court case on record: 1 filed by the company.