MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-28-0082487
Shippingcart Solutions Private Limited
Shippingcart Solutions Private Limited - e-commerce in Tiruppur, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹21.87 Lakh
▲ 199% YoY
Net loss · FY 2024
₹3,010
Net margin -0.1%
EBITDA · FY 2024
-₹3,010
EBITDA margin -0.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Shippingcart Solutions Private Limited
Data last updated:
Shippingcart Solutions Private Limited is a private limited company based in Tiruppur, Tamil Nadu, India. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 07 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U52599TZ2020PTC033474.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gurusamy Natarajan Balakrishnan and Purushodman Vignesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13/1 Sankaran Layout Udumalpet, Tiruppur, Tamil Nadu, India – 642126.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3,010 (net margin -0.1%) and EBITDA of -₹3,010 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
Shippingcart Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0082487).
Company details
CIN U52599TZ2020PTC033474
Registration Number 033474
Incorporation Date 07 February 2020
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0082487
Recognitions & Rankings of Shippingcart Solutions
Contact details
Shippingcart Solutions Private Limited's registered office is in Tiruppur, Tamil Nadu.
- Registered Address13/1 Sankaran Layout Udumalpet, Tiruppur, Tamil Nadu, India – 642126
- IndustryE-Commerce, Online Store, Retailers
Comprehensive company report
Shippingcart Solutions 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 Shippingcart Solutions 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 Shippingcart Solutions Private Limited, buy the company report.
Financials of Shippingcart Solutions Private Limited
FY 2024 filings availableShippingcart Solutions Private Limited reported revenue of ₹21.87 Lakh (up 199% YoY) for FY 2024.
Revenue · FY 2024
₹21.87 Lakh ▲ 199%
Net loss · FY 2024
₹3,010 margin -0.1%
EBITDA · FY 2024
-₹3,010 margin -0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 199%
3 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▲ 75%
Revenue has grown at a compounded annual rate (CAGR) of 76% over three years, including 199% growth in the latest year. EBITDA fell 101% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3,010 | ||||
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| Net Profit (PAT) | -₹3,010 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shippingcart Solutions Private Limited, buy the company report.
Board of directors of Shippingcart Solutions Private Limited
Shippingcart Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurusamy Natarajan Balakrishnan | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
| Purushodman Vignesh | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Shippingcart Solutions Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Boutic Events & Concerts Private Limited | ₹22.54 Lakh (FY 2017) | P S Jagaddal, West Bengal, India | ||||
| Fortune Logistics India Private Limited | ₹22.5 Lakh (FY 2024) | -45.0% | Chennai, Tamil Nadu, India | |||
| Elle Logitech and Healthcare Private Limited | ₹22.49 Lakh (FY 2020) | -41.0% | Sircilla, Telangana, India | |||
| Southzone Motor Services Private Limited | ₹22.28 Lakh (FY 2021) | 13.0% | Madurai, Tamil Nadu, India | |||
| Sterling Relocation Private Limited | ₹21.93 Lakh (FY 2017) | 5.0% | New Delhi, Delhi, India | |||
| Shippingcart Solutions Private Limitedthis company | ₹21.87 Lakh (FY 2024) | -₹3,010 | -0.1% | 199.0% | Tiruppur, Tamil Nadu, India | |
| Khee International Private Limited | ₹21.78 Lakh (FY 2024) | -49.0% | Chennai, Tamil Nadu, India | |||
| Megacorp Bulkers Private Limited | ₹21.77 Lakh (FY 2024) | -97.0% | Kolkata, West Bengal, India | |||
| Koramveettil Motors Private Limited | ₹21.74 Lakh (FY 2025) | 29.0% | Thrissur, Kerala, India | |||
| S R C Logistics Private Limited | ₹21.72 Lakh (FY 2024) | 9.0% | Kolkata, West Bengal, India | |||
| New Horizon Relocation Private Limited | ₹21.66 Lakh (FY 2025) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shippingcart Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shippingcart Solutions 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 Shippingcart Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shippingcart Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shippingcart Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gurusamy Natarajan Balakrishnan was appointed as Director on 07 Feb 2020.
AGM
Shippingcart Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shippingcart Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Appointed
Gurusamy Natarajan Balakrishnan was appointed as Director.
Appointed
Purushodman Vignesh was appointed as Director.
Incorporation
07 Feb 2020
Shippingcart Solutions Private Limited was registered on 07 Feb 2020 with Roc Coimbatore & aged 6 years 8 months as per MCA records.
Frequently asked questions
Shippingcart Solutions is an active private limited company based in Tiruppur, Tamil Nadu, India. The company works in online store, within the e-commerce industry. It was incorporated on 07 February 2020 (6+ years old) and is registered under CIN U52599TZ2020PTC033474.
Shippingcart Solutions has 2 current directors:
- Gurusamy Natarajan Balakrishnan - Director
- Purushodman Vignesh - Director
The latest financial statements of Shippingcart Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Shippingcart Solutions is U52599TZ2020PTC033474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shippingcart Solutions was incorporated on 07 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Shippingcart Solutions by revenue are Boutic Events & Concerts Private Limited, Fortune Logistics India Private Limited, Elle Logitech and Healthcare Private Limited, Southzone Motor Services Private Limited, Sterling Relocation Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Gurusamy Natarajan Balakrishnan was appointed as Director on 07 Feb 2020. Purushodman Vignesh was appointed as Director on 07 Feb 2020.
Yes, Shippingcart Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0082487).
The registered office of Shippingcart Solutions is at 131 Sankaran Layout Udumalpet, Tiruppur, Tamil Nadu, India – 642126.
Shippingcart Solutions operates in the e-commerce industry, in the online store segment.
Shippingcart Solutions can be reached at its registered office: 131 Sankaran Layout Udumalpet, Tiruppur, Tamil Nadu, India – 642126.
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