About Maritime Ventures Private Limited
Data last updated:
Maritime Ventures Private Limited was a private limited company based in Tuticorin, Tamil Nadu, India, operated as a subsidiary of Sterlite Ports Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 20 June 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U61200TN2013PTC091762. Its GSTIN is 37AAICM7381D1Z9 (Andhra Pradesh).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Navin Kumar Jaju and Leena Bhiku Verenkar.
Its last annual general meeting (AGM) was held on 28 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Sipcot Industrial Complex Madurai By Pass Road T V Puram Po Tuticorin, Tamil Nadu, India – 628002.
As per the financials filed for FY 2022, the company reported a revenue of ₹77.16 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹15.44 Cr (net margin 20%) and EBITDA of ₹22.96 Cr (EBITDA margin 29.8%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 17% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The last known website on record is vedantaresources.com.
Company details
Contact details
Maritime Ventures Private Limited's registered office is in Tuticorin, Tamil Nadu. Its website is vedantaresources.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSipcot Industrial Complex Madurai By Pass Road T V Puram Po Tuticorin, Tamil Nadu, India – 628002
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Maritime Ventures 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 Maritime Ventures 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 Maritime Ventures Private Limited, buy the company report.
Financials of Maritime Ventures Private Limited
FY 2022 filings availableMaritime Ventures Private Limited reported revenue of ₹77.16 Cr (up 80% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 80% growth in the latest year. EBITDA rose 33% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹77.16 Cr | ||||
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| EBITDA | ₹22.96 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹15.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.8% | ||||
| Net Profit Margin | 20% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maritime Ventures Private Limited, buy the company report.
Board of directors of Maritime Ventures Private Limited
Maritime Ventures has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Kumar Jaju Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 5 more | Director | 12 Jan 2021 | 5 Years 9 Months | As last reported |
| Leena Bhiku Verenkar Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 3 more | Additional Director | 23 Dec 2022 | 3 Years 10 Months | As last reported |
| Narayanaswamy Alampallam Ramakrishnan Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 5 more | Additional Director | 01 Apr 2021 | 5 Years 6 Months | As last reported |
Auditor
Maritime Ventures Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2022 | 301003E/E300005 |
Shareholding
The shareholding of Maritime Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maritime Ventures Private Limited, buy the company report.
Legal cases
Maritime Ventures Private Limited has 3 court cases on record: 3 filed by Maritime Ventures. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Review App | Court case (Review App) | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT Chennai | Company appeal | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Maritime Ventures 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 Maritime Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maritime Ventures Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Maritime Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAICM7381D1Z9 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maritime Ventures Private Limited, buy the company report.
Recent activity
Maritime Ventures Private Limited has 12 board changes on record since 2016: 3 appointments and 9 cessations. The latest: Leena Bhiku Verenkar was appointed as Additional Director on 23 Dec 2022.
3 earlier events are in the company report.
Frequently asked questions
Maritime Ventures 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.
Maritime Ventures was a private limited company based in Tuticorin, Tamil Nadu, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 20 June 2013 and is registered under CIN U61200TN2013PTC091762. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Maritime Ventures was incorporated on 20 June 2013. It is registered with the Registrar of Companies, Chennai.
Maritime Ventures had 3 directors:
- Navin Kumar Jaju - Director
- Leena Bhiku Verenkar - Additional Director
- Narayanaswamy Alampallam Ramakrishnan - Additional Director
The CIN (Corporate Identification Number) of Maritime Ventures is U61200TN2013PTC091762. 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 Maritime Ventures is at Sipcot Industrial Complex Madurai By Pass Road T V Puram Po Tuticorin, Tamil Nadu, India – 628002.
Maritime Ventures can be reached through the website vedantaresources.com. Its registered office is in Tuticorin, Tamil Nadu, India.
The latest financial statements of Maritime Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 June 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Maritime Ventures is 37AAICM7381D1Z9, registered in Andhra Pradesh.
Maritime Ventures operated in the transport and logistics industry, in the integrated and diversified logistics services segment.