MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0010640
Freight Wings Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.11 Cr
▲ 12% YoY
Net profit · FY 2025
₹18.75 Cr
Net margin 18.5%
EBITDA · FY 2025
₹25.02 Cr
EBITDA margin 24.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.79 Cr
Issued & subscribed
Open charges
₹124.2 Cr
Satisfied ₹80.44 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
95
Provident fund records
About Freight Wings Private Limited
Data last updated:
Freight Wings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 16 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1982PTC028508. Its GSTIN is 27AAACF0888J1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors Vijay Kumar Papriwal and Sushila Vijay Papriwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 309 Rex Chambers W.. H. Marg Ballard Estate, Mumbai, Maharashtra, India – 400038.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.11 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹18.75 Cr (net margin 18.5%) and EBITDA of ₹25.02 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 39% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹124.2 Cr and satisfied charges of ₹80.44 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 5 cases are pending.
Freight Wings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0010640). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fwpl.in.
Company details
CIN U63090MH1982PTC028508
Registration Number 028508
Incorporation Date 16 October 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0010640
Recognitions & Rankings of Freight Wings
Contact details
Freight Wings Private Limited's registered office is in Mumbai, Maharashtra. Its website is fwpl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address309 Rex Chambers W.. H. Marg Ballard Estate, Mumbai, Maharashtra, India – 400038
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Freight Wings Private Limited, buy the company report.
Comprehensive company report
Freight Wings 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Freight Wings is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation |
To see the full business activity and turnover split of Freight Wings Private Limited, buy the company report.
Financials of Freight Wings Private Limited
FY 2024 filings availableFreight Wings Private Limited reported revenue of ₹101.11 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹101.11 Cr ▲ 12%
Net profit · FY 2025
₹18.75 Cr margin 18.5%
EBITDA · FY 2025
₹25.02 Cr margin 24.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 39%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 23%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 12% growth in the latest year. EBITDA fell 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹25.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.75 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | 18.5% | ||||
| 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 Freight Wings Private Limited, buy the company report.
Board of directors of Freight Wings Private Limited
Freight Wings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Papriwal Also directs: Rajpalace Inn Private Limited, Freight Wings Consultants Private Limited, FWPL Properties Private Limited and 3 more | Director | 16 Oct 1982 | 44 Years 0 Months | Current |
| Sushila Vijay Papriwal | Director | 01 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Freight Wings Private Limited is audited by BANSI JAIN & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSI JAIN & ASSOCIATES | FY 2024 | 100990W |
Shareholding
The shareholding of Freight Wings Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freight Wings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹124.2 Cr
Satisfied charges
₹80.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101150692 | Others | ₹100 Cr | Open | |
| 27 Jun 2025 | 101126278 | Others | ₹6.5 Cr | Open | |
| 23 Sep 2024 | 100984068 | Others | ₹6.5 Cr | Open | |
| 13 Sep 2023 | 100826659 | Others | ₹1.2 Cr | Open | |
| 06 Jan 2017 | 100075746 | Others | ₹10 Cr | Open |
To see the full charge records of Freight Wings Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Freight Wings Private Limited has 17 court cases on record: 11 filed by Freight Wings, 6 filed against it. 5 cases are pending and 12 are disposed.
Total cases
17
Filed by the company
11
Filed against the company
6
Pending
5
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 4 |
| High courts | 6 | 3 | 1 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Freightwings and Travels Pvt Ltd. and Another and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Epc Operational Creditors Association and 6 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Abhijit Guhathakurta Liquidator of Epc Constructions India Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against DVP Infra Projects Pvt. Ltd. and 2 others | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed against the company by Abg Heavy Industries Ltd., by | Disposed |
To see the full case history of Freight Wings Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Freight Wings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Freight Wings has 3 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Associated companies
Employees & EPFO
Freight Wings Private Limited has a workforce of 95 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
95
Active EPFO establishments
1
Employee growth
6.74%
GST
Freight Wings has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0888J1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freight Wings Private Limited, buy the company report.
Recent activity
Freight Wings Private Limited has 5 board changes on record since 1982: 2 appointments and 3 cessations. The latest: Rajkumar Trilokchand Jain ceased to be Additional Director on 07 Dec 2010.
Charges
A charge registered on 20 Jan 2023 via Charge ID 100674059 with Tata Capital Financial Services Limited was fully satisfied on 19 Sep 2025.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101150692 was registered on 28 Aug 2025.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101126278 was registered on 27 Jun 2025.
Charges
A charge registered on 28 Dec 2022 via Charge ID 100665314 with Tata Capital Financial Services Limited was fully satisfied on 11 Jun 2025.
Charges
A charge registered on 24 Nov 2022 via Charge ID 100649204 with Tata Capital Financial Services Limited was fully satisfied on 11 Jun 2025.
Charges
A charge registered on 17 Nov 2022 via Charge ID 100649205 with Tata Capital Financial Services Limited was fully satisfied on 11 Jun 2025.
Charges
A charge registered on 15 Feb 2023 via Charge ID 100681053 with Others was fully satisfied on 02 Jun 2025.
Charges
A charge registered on 30 Apr 2023 via Charge ID 100714192 with Tata Capital Financial Services Limited was fully satisfied on 31 May 2025.
AGM
Freight Wings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100984068 was registered on 23 Sep 2024.
Filing
Freight Wings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 10.00 Cr registered on 06 Jan 2017 with Charge ID 100075746 was modified on 10 Nov 2023.
41 earlier events are in the company report.
Frequently asked questions
Freight Wings is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 16 October 1982 (44+ years old) and is registered under CIN U63090MH1982PTC028508.
Freight Wings has 2 current directors:
- Vijay Kumar Papriwal - Director
- Sushila Vijay Papriwal - Director
The latest financial statements of Freight Wings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Freight Wings is 27AAACF0888J1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Freight Wings is U63090MH1982PTC028508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freight Wings has 17 court cases on record: 11 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Freight Wings was incorporated on 16 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajkumar Trilokchand Jain ceased to be Additional Director on 07 Dec 2010. Sushila Vijay Papriwal was appointed as Director on 01 Feb 2009. Yuvraj Vijay Papriwal ceased to be Director on 01 Feb 2009. Freight Wings has 5 board changes on record in total.
Yes, Freight Wings is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0010640).
Freight Wings can be reached through the website fwpl.in. Its registered office is in Mumbai, Maharashtra, India.