Maxcargo Forwarding Private Limited
About Maxcargo Forwarding Private Limited
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Maxcargo Forwarding Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 15 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2019PTC319628. Its GSTIN is 27AAMCM3663L1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dipvi Dipesh Shah (Managing Director) and Irma Indrajit Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A/1102 11 Floor Krishraj Tower Chs Ltd Padma Nagar Chikuwadi Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.15 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.52 Lakh (net margin 4%) and EBITDA of ₹11.41 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA/1102 11 Floor Krishraj Tower Chs Ltd Padma Nagar Chikuwadi Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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 Maxcargo Forwarding Private Limited
The main business activity of Maxcargo Forwarding is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Maxcargo Forwarding Private Limited FY 2023 filings available
Maxcargo Forwarding Private Limited reported revenue of ₹2.15 Cr (up 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Maxcargo Forwarding Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 74% over three years, including 8% growth in the latest year. EBITDA rose 39% 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 Maxcargo Forwarding Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹11.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.52 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 Maxcargo Forwarding Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Maxcargo Forwarding are in the company report.
Financial statements from FY 2019
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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neptunes Cargo Movers Private Limited | •••• | •••• | •••• | •••• | - | Ponneri, Tamil Nadu, India |
| Aeroship Logicare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Saastha Global Logistics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Batliboi Impex Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Engrevia Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Maxcargo Forwarding Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Aerobridge Cargo Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Intime Freight & Forwarders Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Swen Agencies Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Sterling Shipping Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai 600001, Tamil Nadu, India |
| S.I.R. Clearing Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Maxcargo Forwarding by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), 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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding Private Limited is audited by BHAIRAV JAIN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHAIRAV JAIN & 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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshata Bharat Jagasia | Additional Director | 16 Dec 2023 | 2 Years 9 Months | Current |
| Irma Indrajit Shah | Director | 15 Jan 2019 | 7 Years 8 Months | Current |
| Dipvi Dipesh Shah Also directs: Pankaj Potentiometers Pvt Ltd | Managing Director | 15 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Maxcargo Forwarding 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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maxcargo Forwarding Private Limited
Employment history and EPFO contributions of people linked to Maxcargo Forwarding.
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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Akshata Bharat Jagasia was appointed as Additional Director on 16 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Maxcargo Forwarding 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 Maxcargo Forwarding 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 Maxcargo Forwarding 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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM3663L1ZW | Maharashtra | Active | 25 Mar 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 Maxcargo Forwarding 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 Maxcargo Forwarding Private Limited
Maxcargo Forwarding is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 15 January 2019 (7+ years old) and is registered under CIN U63030MH2019PTC319628.
Maxcargo Forwarding reported revenue of ₹2.15 Cr for FY 2023 (up 8% YoY).
Maxcargo Forwarding has 3 current directors:
- Dipvi Dipesh Shah - Managing Director
- Akshata Bharat Jagasia - Additional Director
- Irma Indrajit Shah - Director
Maxcargo Forwarding reported a net profit of ₹8.52 Lakh (net margin 4%) and EBITDA of ₹11.41 Lakh (EBITDA margin 5.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxcargo Forwarding is 74% over three years. In the latest year (FY 2023) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxcargo Forwarding is 27AAMCM3663L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maxcargo Forwarding is U63030MH2019PTC319628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxcargo Forwarding was incorporated on 15 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maxcargo Forwarding by revenue are Neptunes Cargo Movers Private Limited, Aeroship Logicare Private Limited, Saastha Global Logistics Private Limited, Batliboi Impex Limited, Engrevia Solutions Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Akshata Bharat Jagasia was appointed as Additional Director on 16 Dec 2023. Dipvi Dipesh Shah was appointed as Managing Director on 15 Jan 2019. Irma Indrajit Shah was appointed as Director on 15 Jan 2019.
The registered office of Maxcargo Forwarding is at A1102 11 Floor Krishraj Tower Chs Ltd Padma Nagar Chikuwadi Borivali West, Mumbai, Maharashtra, India – 400092.