MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0156384
SP Freight Systems Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.9 Cr
▲ 3% YoY
Net loss · FY 2024
₹19.75 Lakh
Net margin -1.7%
EBITDA · FY 2024
₹1.55 Cr
EBITDA margin 13%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.26 Lakh
Issued & subscribed
Open charges
₹7.52 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About SP Freight Systems Private Limited
Data last updated:
SP Freight Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 30 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46632KA2021PTC154991. Its GSTIN is 29ABHCS3943B1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.26 Lakh. It is led by directors Ravindera Kumar Pareek and Harsh Pareek.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.9 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹19.75 Lakh (net margin -1.7%) and EBITDA of ₹1.55 Cr (EBITDA margin 13%).
The company is associated with 1 brand: SP Freight Systems. As per MCA filings, the company has open charges of ₹7.52 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 11 cases are pending.
SP Freight Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0156384). For more details, the company can be reached via its website spfreightsystem.com.
Company details
CIN U46632KA2021PTC154991
Registration Number 154991
Incorporation Date 30 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0156384
CIN history
SP Freight Systems has one previous CIN (Corporate Identification Number): U63030KA2021PTC154991. The current CIN is U46632KA2021PTC154991, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46632KA2021PTC154991 | Current |
| U63030KA2021PTC154991 | Previous |
Recognitions & Rankings of SP Freight Systems
Contact details
SP Freight Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is spfreightsystem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 26 Sai – Enclave Layout 1st Cross, M.S. Ramaiah City Layout Main Road Jp Nagar, Bangalore, Karnataka, India – 560076
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of SP Freight Systems Private Limited, buy the company report.
Comprehensive company report
SP Freight Systems 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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Secure checkout · GST invoice included
Brands
SP Freight Systems operates one associated brand: SP Freight Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions for warehousing, transportation, and logistics. | spfs.in |
Business activity
The main business activity of SP Freight Systems is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of SP Freight Systems Private Limited, buy the company report.
Financials of SP Freight Systems Private Limited
FY 2025 filings availableSP Freight Systems Private Limited reported revenue of ₹11.9 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹11.9 Cr ▲ 3%
Net loss · FY 2024
₹19.75 Lakh margin -1.7%
EBITDA · FY 2024
₹1.55 Cr margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
EBITDA CAGR growth
1 year
▲ 71%
Revenue rose 3% in the latest year. EBITDA rose 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.55 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹19.75 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13% | ||
| Net Profit Margin | -1.7% | ||
| 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 SP Freight Systems Private Limited, buy the company report.
Board of directors of SP Freight Systems Private Limited
SP Freight Systems 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 |
|---|---|---|---|---|
| Ravindera Kumar Pareek | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Harsh Pareek Also directs: Pareeks Enterprises Private Limited, Propso Private Limited | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Auditor
SP Freight Systems Private Limited is audited by Santhosh DN & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Santhosh DN & Co | FY 2023 | 021677S |
Shareholding
The shareholding of SP Freight Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SP Freight Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100974045 | Others | ₹88.19 Lakh | Open | |
| 12 Aug 2024 | 101025971 | Axis Bank Limited | ₹65 Lakh | Open | |
| 02 May 2024 | 100924512 | Others | ₹93.62 Lakh | Open | |
| 16 Apr 2024 | 100945264 | Hdfc Bank Limited | ₹2.01 Cr | Open | |
| 29 Feb 2024 | 100925267 | Others | ₹22.5 Lakh | Open |
Total charge records: 9 View all charges
Legal cases
SP Freight Systems Private Limited has 16 court cases on record: 1 filed by SP Freight Systems, 15 filed against it. 11 cases are pending and 5 are disposed.
Total cases
16
Filed by the company
1
Filed against the company
15
Pending
11
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 11 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Icici Bank Limited | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Indusind Bank Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of SP Freight Systems 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 SP Freight Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SP Freight Systems Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
SP Freight Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABHCS3943B1ZB | Karnataka | Active | 21 Dec 2021 |
| 09ABHCS3943B1ZD | Uttar Pradesh | Active | 03 Aug 2023 |
To see the full GST registrations and return filing status of SP Freight Systems Private Limited, buy the company report.
Recent activity
SP Freight Systems Private Limited has 8 board changes on record since 2021: 5 appointments and 3 cessations. The latest: Anil Pareek ceased to be Additional Director on 14 Jul 2025.
AGM
Sp Freight Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Anil Pareek ceased to be Additional Director.
Ceased
Pawan Kumar Dahima ceased to be Additional Director.
Filing
Sp Freight Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shantilal Himmatmal Jain ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 88.19 Lakh with Charge ID 100974045 was registered on 29 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 65.00 Lakh with Charge ID 101025971 was registered on 12 Aug 2024.
Charges
A charge with Others amounted to Rs. 93.62 Lakh with Charge ID 100924512 was registered on 02 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.54 Lakh with Charge ID 100945264 was registered on 16 Apr 2024.
Charges
A charge with Others amounted to Rs. 22.50 Lakh with Charge ID 100925267 was registered on 29 Feb 2024.
Charges
A charge with Others amounted to Rs. 22.50 Lakh with Charge ID 100925268 was registered on 29 Feb 2024.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100878291 was registered on 12 Jan 2024.
8 earlier events are in the company report.
Frequently asked questions
SP Freight Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 30 November 2021 (5+ years old) and is registered under CIN U46632KA2021PTC154991.
SP Freight Systems has 2 current directors:
- Ravindera Kumar Pareek - Director
- Harsh Pareek - Director
The latest financial statements of SP Freight Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of SP Freight Systems is 29ABHCS3943B1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09ABHCS3943B1ZD (Uttar Pradesh).
The CIN (Corporate Identification Number) of SP Freight Systems is U46632KA2021PTC154991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SP Freight Systems has 16 court cases on record: 1 filed by the company and 15 filed against it. 11 are pending.
SP Freight Systems was incorporated on 30 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Pareek ceased to be Additional Director on 14 Jul 2025. Pawan Kumar Dahima ceased to be Additional Director on 14 Jul 2025. Shantilal Himmatmal Jain ceased to be Additional Director on 17 Feb 2025. SP Freight Systems has 8 board changes on record in total.
Yes, SP Freight Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0156384).
SP Freight Systems can be reached through the website spfreightsystem.com. Its registered office is in Bangalore, Karnataka, India.