About Swift Shipping Private Limited
Data last updated:
Swift Shipping Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 01 March 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN1993PTC024512. The company has 8 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 ₹60 Lakh. It was formerly known as Swift Shipping (Madras) Private Limited and Swift World Logistics Private Limited. It was led by directors including Harish Rambali Pandeya and Baskar Venkatavarathan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.02 Lakh, a growth of 126% compared to the previous year. For the same year it recorded a net loss of ₹11.07 Lakh and EBITDA of -₹30,527 (EBITDA margin -15.1%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 56% over five years.
As per MCA filings, the company had satisfied charges of ₹26 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
The last known website on record is swiftcargo.com.
Company details
Name history
Swift Shipping has undergone 8 name changes throughout its history. The current legal name is Swift Shipping Private Limited.
| Company Name | Status |
|---|---|
| Swift Shipping Private Limited | Current |
| Swift Shipping (Madras) Private Limited | Previous |
| Swift World Logistics Private Limited | Previous |
| Kfvcn Star Private Limited | Previous |
| Swift Logitech Private Limited | Previous |
| Swift Cargo Logitech (Madras) Private Limited | Previous |
| Swift Global Logistics Private Limited | Previous |
| Swift Cargo (Madras) Private Limited | Previous |
Contact details
Swift Shipping Private Limited's registered office is in Chennai, Tamil Nadu. Its website is swiftcargo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFlat No.A – 1 7th Floor Bbc Villa Complex Old No.65 Newno.33 Prakasam Salai Bro, Adway, Chennai, Tamil Nadu, India – 600108
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Swift Shipping 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
Financials of Swift Shipping Private Limited
FY 2023 filings availableSwift Shipping Private Limited reported revenue of ₹2.02 Lakh (up 126% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 126% growth in the latest year. EBITDA rose 64% 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 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 | -₹30,527 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.07 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.1% | ||||
| 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 Swift Shipping Private Limited, buy the company report.
Board of directors of Swift Shipping Private Limited
Swift Shipping has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Rambali Pandeya Also directs: Swift Cargo Private Limited, Yesforever Consulting LLP | Director | 08 Oct 2021 | 5 Years 1 Months | As last reported |
| Baskar Venkatavarathan | Director | 10 Jul 2002 | 24 Years 4 Months | As last reported |
| Jayant Swamy Bharadwaj | Director | 14 Jul 1995 | 31 Years 4 Months | As last reported |
Peer comparison
Swift Shipping Private Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhankuber Sales Private Limited | ₹2.32 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Ramdarbar Marketing Private Limited | ₹2.09 Lakh (FY 2024) | 50876.0% | Kolkata, West Bengal, India | |||
| Multi Trans Private Limited | ₹2.08 Lakh (FY 2025) | 72.0% | Bally, West Bengal, India | |||
| Spangles Impex Private Limited | ₹2.04 Lakh (FY 2021) | 12.0% | New Delhi, Delhi, India | |||
| Paramita Export Import Private Limited | ₹2.02 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Swift Shipping Private Limitedthis company | ₹2.02 Lakh (FY 2023) | -₹11.07 Lakh | 126.0% | Chennai, Tamil Nadu, India | ||
| Redrose Vincom Private Limited | ₹1.97 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Navrang Logistics Private Limited | ₹1.96 Lakh (FY 2025) | 631.0% | Chennai, Tamil Nadu, India | |||
| Eskaps Logistics & Shipping Private Limited | ₹1.89 Lakh (FY 2024) | 356.0% | Kolkata, West Bengal, India | |||
| Jetspeed Global Transport Private Limited | ₹1.87 Lakh (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Boxeal Systems Private Limited | ₹1.87 Lakh (FY 2019) | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Swift Shipping Private Limited, buy the company report.
Auditor
Swift Shipping Private Limited is audited by J.MANOJ KUMAR & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.MANOJ KUMAR & CO. | FY 2022 | 005993S |
Shareholding
The shareholding of Swift Shipping Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swift Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2011 | 10286097 | State Bank of India | ₹26 Cr | Satisfied |
To see the full charge records of Swift Shipping Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Swift Shipping Private Limited has 7 court cases on record: 3 filed by Swift Shipping, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Thoothukudi, Tamil Nadu | Civil suit | Filed against the company by M/S.Trans Asian Shipping Service (P) Ltd Rep by Its Branch Manager | Disposed |
| District court, Thoothukudi, Tamil Nadu | Civil suit | Filed against the company by M/S.Trans Asian Shipping Service (P) Ltd Reb by Its Branch Manager | Disposed |
To see the full case history of Swift Shipping 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 Swift Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swift Shipping has 8 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swift Shipping Private Limited, buy the company report.
Recent activity
Swift Shipping Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Harish Rambali Pandeya ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Swift Shipping has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Swift Shipping was a private limited company based in Chennai, Tamil Nadu, India. The company worked in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 01 March 1993 and is registered under CIN U63090TN1993PTC024512. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Swift Shipping was incorporated on 01 March 1993. It is registered with the Registrar of Companies, Chennai.
Swift Shipping had 3 directors:
- Harish Rambali Pandeya - Director
- Baskar Venkatavarathan - Director
- Jayant Swamy Bharadwaj - Director
The CIN (Corporate Identification Number) of Swift Shipping is U63090TN1993PTC024512. 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 Swift Shipping is at Flat No.A – 1 7th Floor Bbc Villa Complex Old No.65 Newno.33 Prakasam Salai Bro, Adway, Chennai, Tamil Nadu, India – 600108.
Swift Shipping can be reached through the website swiftcargo.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Swift Shipping on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Swift Shipping has 8 GST registrations on record and all of them are cancelled or inactive.
Swift Shipping operated in the transport and logistics industry, in the carrying and forwarding agents (cfa) segment.
The peers of Swift Shipping by revenue are Dhankuber Sales Private Limited, Ramdarbar Marketing Private Limited, Multi Trans Private Limited, Spangles Impex Private Limited, Paramita Export Import Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
