About Prime Cargo Movers & Logistics Private Limited
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Prime Cargo Movers & Logistics Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC250094. Its GSTIN is 27AAHCP4509M1Z1 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Yasir Kharwa and Amin Aziz Kharwa.
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 Flat No. 201 Saikrupa Towers Near Mental Hospital, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.81 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹9.31 Lakh (net margin 22.8%) and EBITDA of ₹13.92 Lakh (EBITDA margin 34.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 48% over five years.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹12.7 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in June 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pcml.co.in.
Company details
Contact details
Prime Cargo Movers & Logistics Private Limited's registered office is in Nagpur, Maharashtra. Its website is pcml.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 201 Saikrupa Towers Near Mental Hospital, Nagpur, Maharashtra, India – 440013
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Prime Cargo Movers & Logistics 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 Prime Cargo Movers & Logistics is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Prime Cargo Movers & Logistics Private Limited, buy the company report.
Financials of Prime Cargo Movers & Logistics Private Limited
FY 2024 filings availablePrime Cargo Movers & Logistics Private Limited reported revenue of ₹40.81 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 99% fall in the latest year. EBITDA fell 58% 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 | ₹13.92 Lakh | ||||
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| Net Profit (PAT) | ₹9.31 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 | 34.1% | ||||
| Net Profit Margin | 22.8% | ||||
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To see the full financial statements and ratios of Prime Cargo Movers & Logistics Private Limited, buy the company report.
Board of directors of Prime Cargo Movers & Logistics Private Limited
Prime Cargo Movers & Logistics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yasir Kharwa | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
| Amin Aziz Kharwa Also directs: Al Ibrahim Infra Private Limited | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
| Furkaan Hanif Burmawala Also directs: Witty Logistics Network Private Limited | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Prime Cargo Movers & Logistics Private Limited is audited by LOYA BAGRI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA BAGRI & CO. | FY 2023 | 105658W |
Shareholding
The shareholding of Prime Cargo Movers & Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Prime Cargo Movers & Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2019 | 100239275 | Hdfc Bank Limited | ₹1.3 Cr | Satisfied | |
| 17 Oct 2015 | 100018436 | Others | ₹1.8 Cr | Satisfied | |
| 17 Oct 2015 | 10598902 | Hdfc Bank Limited | ₹1.8 Cr | Satisfied | |
| 13 Oct 2015 | 10603307 | Axis Bank Limited | ₹8.93 Lakh | Satisfied | |
| 29 Sep 2015 | 10599980 | Axis Bank Limited | ₹35.7 Lakh | Satisfied |
To see the full charge records of Prime Cargo Movers & Logistics Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Prime Cargo Movers & Logistics Private Limited has 1 deal on record (1 rights issue); the latest was in June 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Rights issue | ₹1.49 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prime Cargo Movers & Logistics Private Limited has 7 court cases on record: 4 filed by Prime Cargo Movers & Logistics, 3 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 2 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Galaxy Freight Private Limited Through Mr. Kiran Ghag | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Galaxy Freight Private Limited Through Mr. Kiran Ghag | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Fast Forward Logistics India Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Commissioner of Income Tax (Admn. and TPS), Nagpur and Others. | Pending |
| High Court, MAHARASHTRA | Company petition | Filed by the company against Kamlesh Kumar,The Joint Commissioner Oif Customs and Another and 1 other | Disposed |
To see the full case history of Prime Cargo Movers & Logistics 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 Prime Cargo Movers & Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Prime Cargo Movers & Logistics has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Artyk Global Ventures Private Limited | U14298MH2022PTC381515 |
To see the full group structure of Prime Cargo Movers & Logistics Private Limited, buy the company report.
Employees & EPFO
Prime Cargo Movers & Logistics Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Prime Cargo Movers & Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP4509M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Cargo Movers & Logistics Private Limited, buy the company report.
Recent activity
Prime Cargo Movers & Logistics Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Amin Aziz Kharwa was appointed as Director on 14 Nov 2013.
10 earlier events are in the company report.
Frequently asked questions
Prime Cargo Movers & Logistics is an active private limited company based in Nagpur, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 14 November 2013 (13+ years old) and is registered under CIN U74999MH2013PTC250094.
Prime Cargo Movers & Logistics has 3 current directors:
- Yasir Kharwa - Director
- Amin Aziz Kharwa - Director
- Furkaan Hanif Burmawala - Director
The latest financial statements of Prime Cargo Movers & Logistics 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 Prime Cargo Movers & Logistics is 27AAHCP4509M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prime Cargo Movers & Logistics is U74999MH2013PTC250094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Cargo Movers & Logistics has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Prime Cargo Movers & Logistics was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Prime Cargo Movers & Logistics has 1 deal on record (1 rights issue); the latest was in June 2015.
Amin Aziz Kharwa was appointed as Director on 14 Nov 2013. Furkaan Hanif Burmawala was appointed as Director on 14 Nov 2013. Yasir Kharwa was appointed as Director on 14 Nov 2013.
Prime Cargo Movers & Logistics can be reached through the website pcml.co.in. Its registered office is in Nagpur, Maharashtra, India.