About Chennaistar Shipping Private Limited
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Chennaistar Shipping Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 29 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2012PTC086560. Its GSTIN is 33AAECC9323M1ZI (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Naveen Kumar Vajja (Whole-Time Director) and Vajja Rama Chandra Reddy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at New No.130 Old No.266 Indra Tower 2nd Floor B3 Thambu Chetty Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2023, the company reported a revenue of ₹92.24 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Lakh (net margin -3.1%) and EBITDA of -₹1.27 Lakh (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 19% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chennaistar.co.in.
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- Website
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- Registered AddressNew No.130 Old No.266 Indra Tower 2nd Floor B3 Thambu Chetty Street, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Shipping & Maritime Services
- 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 of Chennaistar Shipping Private Limited
The main business activity of Chennaistar Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chennaistar Shipping Private Limited FY 2023 filings available
Chennaistar Shipping Private Limited reported revenue of ₹92.24 Lakh (down 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Chennaistar Shipping Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 11% fall in the latest year. EBITDA fell 113% 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 of Chennaistar Shipping Private Limited
| 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 | -₹1.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.88 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 of Chennaistar Shipping Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chennaistar Shipping are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Chennaistar Shipping Private Limited
Chennaistar Shipping Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Waterways Container Lines Private Limited | ₹94 Lakh (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Merfolk Shipping Services Private Limited | ₹93.98 Lakh (FY 2024) | •••• | •••• | 87.0% | •••• | Gurugram, Haryana, India |
| Sylvester Forwarders Pvt Ltd | ₹93.82 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Xfer Line Private Limited | ₹93.19 Lakh (FY 2025) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Tara Shipping Services Private Limited | ₹92.87 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Chennaistar Shipping Private Limited this company | ₹92.24 Lakh (FY 2023) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| Solution Overall for Shipping (Sos) India Private Limited | ₹91.59 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Thane, Maharashtra, India |
| Five Stars Chartering Private Limited | ₹91.41 Lakh (FY 2023) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Eakomarine Technical Management Private Limited | ₹90.76 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Goodearth Infraprojects Private Limited | ₹90.27 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Vanaj Infrastructure Private Limited | ₹90.12 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Chennaistar Shipping by revenue in the Shipping industry (Shipping Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chennaistar Shipping Private Limited
Chennaistar Shipping Private Limited is audited by V. Rajalakshmi & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. Rajalakshmi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chennaistar Shipping Private Limited
Chennaistar Shipping has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vajja Rama Chandra Reddy | Director | 26 Jun 2015 | 11 Years 3 Months | Current |
| Naveen Kumar Vajja Also directs: Great Fortune Suppliers Private Limited | Whole-Time Director | 02 Sep 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Chennaistar Shipping Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chennaistar Shipping Private Limited
Chennaistar Shipping Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Chennaistar Shipping Private Limited
Chennaistar Shipping Private Limited has a workforce of 5 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Chennaistar Shipping Private Limited
Chennaistar Shipping Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Naveen Kumar Vajja ceased to be Director on 01 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Chennaistar Shipping Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chennaistar Shipping Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chennaistar Shipping Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chennaistar Shipping Private Limited
Chennaistar Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECC9323M1ZI | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chennaistar Shipping Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chennaistar Shipping Private Limited
Chennaistar Shipping is an active private limited company based in Chennai, Tamil Nadu, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 29 June 2012 (14+ years old) and is registered under CIN U74900TN2012PTC086560.
Chennaistar Shipping reported revenue of ₹92.24 Lakh for FY 2023 (down 11% YoY).
Chennaistar Shipping has 2 current directors:
- Naveen Kumar Vajja - Whole-Time Director
- Vajja Rama Chandra Reddy - Director
Chennaistar Shipping reported a net loss of ₹2.88 Lakh (net margin -3.1%) and EBITDA of -₹1.27 Lakh (EBITDA margin -1.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chennaistar Shipping is -39% over three years and -19% over five years. In the latest year (FY 2023) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chennaistar Shipping is 33AAECC9323M1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Chennaistar Shipping is U74900TN2012PTC086560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chennaistar Shipping was incorporated on 29 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Chennaistar Shipping by revenue are Waterways Container Lines Private Limited, Merfolk Shipping Services Private Limited, Sylvester Forwarders Pvt Ltd, Xfer Line Private Limited, Tara Shipping Services Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Naveen Kumar Vajja ceased to be Director on 01 Sep 2018. Ng Koo Kay Benedict ceased to be Director on 20 Dec 2017. Vajja Rama Chandra Reddy ceased to be Additional Director on 30 Sep 2016. Chennaistar Shipping has 6 board changes on record in total.
Chennaistar Shipping can be reached through the website chennaistar.co.in. Its registered office is in Chennai, Tamil Nadu, India.