About Parekh Marine Services Private Limited
Data last updated:
Parekh Marine Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 23 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC291606. Its GSTIN is 27AAJCP0051C1ZV (Maharashtra). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹3.2 Cr and a paid-up capital of ₹1.95 Cr. It is led by directors including Chetan Jaysinh Parekh and Rushikesh Harishchandra Parekh.
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 Anchorage Cts – 275/B Village Deonar Off. Govandi Station Rd Govandi (E), Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹200.31 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹17.97 Cr (net margin 9%) and EBITDA of ₹26.35 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 34% over five years.
Its group structure includes 2 subsidiaries.
Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.16 Cr; the latest was in February 2021. Its 3 peer companies in the Transport and Logistics industry (Bulk Cargo and Container, Marine Services, Shipping Services), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 1 smaller; the largest is PNP Maritime Services Private Limited with revenue of ₹204.7 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parekhgroup.in.
Company details
Contact details
Parekh Marine Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is parekhgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAnchorage Cts – 275/B Village Deonar Off. Govandi Station Rd Govandi (E), Mumbai, Maharashtra, India – 400088
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Parekh Marine Services 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 Parekh Marine Services 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 Parekh Marine Services Private Limited, buy the company report.
Financials of Parekh Marine Services Private Limited
FY 2025 filings availableParekh Marine Services Private Limited reported revenue of ₹200.31 Cr (up 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 100% growth in the latest year. EBITDA fell 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹26.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.97 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 9% | ||||
| 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 Parekh Marine Services Private Limited, buy the company report.
Board of directors of Parekh Marine Services Private Limited
Parekh Marine Services has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Parekh Marine Services Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container, Marine Services, Shipping Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PNP Maritime Services Private Limited | ₹204.7 Cr (FY 2020) | 19.0% | Mumbai, Maharashtra, India | |||
| Taurus Shipping Private Limited | ₹203.09 Cr (FY 2025) | -27.0% | Gandhidham, Gujarat, India | |||
| Parekh Marine Services Private Limitedthis company | ₹200.31 Cr (FY 2025) | ₹17.97 Cr | 9% | 100.0% | Mumbai, Maharashtra, India | |
| Swayam Shipping Services Private Limited | ₹192.54 Cr (FY 2025) | 19.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of Parekh Marine Services Private Limited, buy the company report.
Auditor
Parekh Marine Services Private Limited is audited by V. K. BESWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. K. BESWAL & ASSOCIATES | FY 2022 | 101083W |
Shareholding
The shareholding of Parekh Marine Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parekh Marine Services Private Limited, buy the company report.
Deals & funding
Parekh Marine Services Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.16 Cr; the latest was in February 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Parcorp Private Limited |
| Sep 2017 | Funding round | ₹3.16 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Parekh Marine Services Private Limited has 8 court cases on record: 3 filed by Parekh Marine Services, 5 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Bangera Seaworld Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Bangera Seaworld Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Bangera Seaworld Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Bangera Seaworld Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Bangera Seaworld Pvt. Ltd. | Disposed |
To see the full case history of Parekh Marine Services 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
Parekh Marine Services Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Hinesh R. Doshi & Co LLP | |||
| Anchor Container Services Private Limited |
To see the full MSME payment records of Parekh Marine Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Parekh Marine Services has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Seabridge Stevedores Private Limited | U35111GJ2003PTC042452 | |
| Orchid Shipping Private Limited | U63012MH2001PTC130773 |
To see the full group structure of Parekh Marine Services Private Limited, buy the company report.
GST
Parekh Marine Services has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP0051C1ZV | Maharashtra | Active | 01 Jul 2017 |
| 24AAJCP0051C1Z1 | Gujarat | Active | 01 Sep 2017 |
| 33AAJCP0051C1Z2 | Tamil Nadu | Active | 11 Sep 2017 |
| 19AAJCP0051C1ZS | West Bengal | Active | 07 Nov 2017 |
To see the full GST registrations and return filing status of Parekh Marine Services Private Limited, buy the company report.
Recent activity
Parekh Marine Services Private Limited has 9 board changes on record since 2017: 7 appointments and 2 cessations. The latest: Yash Naresh Parekh was appointed as Additional Director on 06 Dec 2024.
Frequently asked questions
Parekh Marine Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 23 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC291606.
Parekh Marine Services has 7 current directors:
- Chetan Jaysinh Parekh - Director
- Rushikesh Harishchandra Parekh - Director
- Harsh Jaysinh Parekh - Director
- Yash Naresh Parekh - Additional Director
- Naresh Khatau Parekh - Director
- Yogesh Khatau Parekh - Director
- Brijesh Bhagwan Parekh - Director
The latest financial statements of Parekh Marine Services 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 2017 are in the company report.
The GSTIN of Parekh Marine Services is 27AAJCP0051C1ZV, registered in Maharashtra. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 24AAJCP0051C1Z1 (Gujarat), 33AAJCP0051C1Z2 (Tamil Nadu), 19AAJCP0051C1ZS (West Bengal).
The CIN (Corporate Identification Number) of Parekh Marine Services is U74999MH2017PTC291606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parekh Marine Services has 8 court cases on record: 3 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Parekh Marine Services was incorporated on 23 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Parekh Marine Services has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹3.16 Cr; the latest was in February 2021.
The peers of Parekh Marine Services by revenue are PNP Maritime Services Private Limited, Taurus Shipping Private Limited, Swayam Shipping Services Private Limited, all in the Transport and Logistics industry (Bulk Cargo and Container, Marine Services, Shipping Services), with the same principal business activity (services incidental to land, water & air transportation).
Yash Naresh Parekh was appointed as Additional Director on 06 Dec 2024. Harsh Jaysinh Parekh ceased to be Additional Director on 29 Sep 2018. Yogesh Khatau Parekh ceased to be Additional Director on 29 Sep 2018. Parekh Marine Services has 9 board changes on record in total.
Parekh Marine Services has 3 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Sep 2020.
Parekh Marine Services can be reached through the website parekhgroup.in. Its registered office is in Mumbai, Maharashtra, India.
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.
