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Axe Shipping (India) Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹98.68 Lakh
▲ 414% YoY
Net profit · FY 2020
₹2.06 Lakh
Net margin 2.1%
EBITDA · FY 2020
₹3.42 Lakh
EBITDA margin 3.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Axe Shipping (India) Private Limited
Data last updated:
Axe Shipping (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2017PTC108660. Its GSTIN is 29AAQCA3270R1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sathyabhama Ponachath and Manoj Byrappa Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 112 9th Cross Appareddy Palya Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2020, the company reported a revenue of ₹98.68 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 2.1%) and EBITDA of ₹3.42 Lakh (EBITDA margin 3.5%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axeshipping.in.
Company details
CIN U63030KA2017PTC108660
Registration Number 108660
Incorporation Date 14 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Axe Shipping (India)
Contact details
Axe Shipping (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is axeshipping.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address112 9th Cross Appareddy Palya Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Axe Shipping (India) Private Limited, buy the company report.
Comprehensive company report
Axe Shipping (India) 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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Business activity
The main business activity of Axe Shipping (India) is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Axe Shipping (India) Private Limited, buy the company report.
Financials of Axe Shipping (India) Private Limited
FY 2020 filings availableAxe Shipping (India) Private Limited reported revenue of ₹98.68 Lakh (up 414% YoY) for FY 2020.
Revenue · FY 2020
₹98.68 Lakh ▲ 414%
Net profit · FY 2020
₹2.06 Lakh margin 2.1%
EBITDA · FY 2020
₹3.42 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 414%
EBITDA CAGR growth
1 year
▲ 117%
Revenue rose 414% in the latest year. EBITDA rose 117% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹98.68 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.42 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.06 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.5% | ||
| Net Profit Margin | 2.1% | ||
| 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 Axe Shipping (India) Private Limited, buy the company report.
Board of directors of Axe Shipping (India) Private Limited
Axe Shipping (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathyabhama Ponachath | Director | 14 Dec 2017 | 8 Years 10 Months | Current |
| Manoj Byrappa Kumar | Director | 14 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Axe Shipping (India) Private Limited is audited by G RAVINDRA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G RAVINDRA & CO | FY 2020 | 006240S |
Shareholding
The shareholding of Axe Shipping (India) Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Axe Shipping (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Axe Shipping (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axe Shipping (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axe Shipping (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA3270R1ZT | Karnataka | Active | 01 Mar 2018 |
To see the full GST registrations and return filing status of Axe Shipping (India) Private Limited, buy the company report.
Recent activity
Axe Shipping (India) Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Manoj Byrappa Kumar was appointed as Director on 14 Dec 2017.
AGM
Axe Shipping (India) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Axe Shipping (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Manoj Byrappa Kumar was appointed as Director.
Appointed
Sathyabhama Ponachath was appointed as Director.
Incorporation
14 Dec 2017
Axe Shipping (India) Private Limited was registered on 14 Dec 2017 with Roc Bangalore & aged 8 years 10 months as per MCA records.
Frequently asked questions
Axe Shipping (India) 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 14 December 2017 (9+ years old) and is registered under CIN U63030KA2017PTC108660.
Axe Shipping (India) has 2 current directors:
- Sathyabhama Ponachath - Director
- Manoj Byrappa Kumar - Director
The latest financial statements of Axe Shipping (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Axe Shipping (India) is 29AAQCA3270R1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Axe Shipping (India) is U63030KA2017PTC108660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axe Shipping (India) was incorporated on 14 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Manoj Byrappa Kumar was appointed as Director on 14 Dec 2017. Sathyabhama Ponachath was appointed as Director on 14 Dec 2017.
Yes, Axe Shipping (India) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Axe Shipping (India) can be reached through the website axeshipping.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Axe Shipping (India) is at 112 9th Cross Appareddy Palya Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.