About Sitara Shipping Private Limited
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Sitara Shipping 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 15 January 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1981PTC023712. Its GSTIN is 27AAACS8329M1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Sumeet Sahi and Sanjam Gupta.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18 Onlooker Buildingsir P M Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.77 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹17.61 Lakh (net margin -49.2%) and EBITDA of -₹11.41 Lakh (EBITDA margin -31.9%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 39% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 84 cases involving the company, including 60 filed by the company and 18 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitarashipping.co.in.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address18 Onlooker Buildingsir P M Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Cargo 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
- One PDF report, delivered after checkout
Business Activity of Sitara Shipping Private Limited
The main business activity of Sitara Shipping is transportation and storage. In detail, this covers water transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport | 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 Sitara Shipping Private Limited FY 2025 filings available
Sitara Shipping Private Limited reported revenue of ₹35.77 Lakh (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sitara Shipping Private Limited
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA rose 92% 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 Sitara Shipping Private Limited
| 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 | -₹11.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.61 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 Sitara Shipping Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -49.2% | •••• | •••• | •••• | •••• |
| 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 Sitara 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 Sitara Shipping Private Limited
Sitara Shipping Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mithals Enterprise Pvt Ltd | ₹40.17 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Shama Exports Private Limited | ₹40.16 Lakh (FY 2025) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| JVSP Cargo Services Private Limited | ₹39.11 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Ahmedabad, Gujarat, India |
| Mighty Shipping Liners Private Limited | ₹37.07 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Navi Mumbai, Maharashtra, India |
| Maa Om Logistics Mumbai Imports Private Limited | ₹36.59 Lakh (FY 2018) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Sitara Shipping Private Limited this company | ₹35.77 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Wrinkle Vyapaar Private Limited | ₹35.33 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Dynamic Cargo Care Private Limited | ₹35.04 Lakh (FY 2023) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Nahush Logistics Private Limited | ₹33.45 Lakh (FY 2024) | •••• | •••• | 82.0% | •••• | Navi Mumbai, Maharashtra, India |
| Testomar Gujarat Pvt Ltd | ₹32.69 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Gandhidham, Gujarat, India |
| RB Oceans Private Limited | ₹32.57 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sitara Shipping by revenue in the Transport and Logistics industry (Bulk Cargo and Container), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Sitara Shipping Private Limited
Sitara Shipping has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeet Sahi | Director | 08 Sep 1997 | 29 Years 1 Months | Current |
| Sanjam Gupta Also directs: Astral Freight Forwarders LLP, Women's International Shipping & Trading Association, Sheeo LLP and 3 more | Director | 08 Sep 1997 | 29 Years 1 Months | Current |
| Inderjit Sahi Satnamsingh | Director | 15 Jan 1981 | 45 Years 9 Months | Current |
| Satnam Singh Ramsingh Sahi Also directs: Astral Freight Forwarders LLP | Director | 15 Jan 1981 | 45 Years 9 Months | Current |
Charges & Borrowings of Sitara Shipping Private Limited
Sitara Shipping Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Sitara Shipping Private Limited
Sitara Shipping Private Limited has 84 court cases on record: 60 filed by Sitara Shipping, 18 filed against it, 6 where it is another party. 14 cases are pending and 70 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 56 | 16 | 11 |
| District courts | 28 | 2 | 3 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Tata Steel Limited | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by Speedy Multimodes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Speedy Multimodes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Speedy Multimodes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Speedy Multimodes Limited | Disposed |
Full case history
All 84 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sitara Shipping Private Limited
Employment history and EPFO contributions of people linked to Sitara Shipping.
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.
CIN History of Sitara Shipping Private Limited
Sitara Shipping has one previous CIN (Corporate Identification Number): U63040MH1981PLC023712. The current CIN is U63040MH1981PTC023712, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63040MH1981PTC023712 | Current |
| U63040MH1981PLC023712 | Previous |
Recent Activity on Sitara Shipping Private Limited
Sitara Shipping Private Limited has 4 board changes on record since 1981: 4 appointments. The latest: Sanjam Gupta was appointed as Director on 08 Sep 1997.
Credit Ratings, Litigation & Regulatory Alerts for Sitara 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 Sitara 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 Sitara 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 Sitara Shipping Private Limited
Sitara Shipping has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8329M1ZV | Maharashtra | 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 Sitara 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 Sitara Shipping Private Limited
Sitara Shipping 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 15 January 1981 (45+ years old) and is registered under CIN U63040MH1981PTC023712.
Sitara Shipping reported revenue of ₹35.77 Lakh for FY 2025 (up 41% YoY).
Sitara Shipping has 4 current directors:
- Sumeet Sahi - Director
- Sanjam Gupta - Director
- Inderjit Sahi Satnamsingh - Director
- Satnam Singh Ramsingh Sahi - Director
Sitara Shipping reported a net loss of ₹17.61 Lakh (net margin -49.2%) and EBITDA of -₹11.41 Lakh (EBITDA margin -31.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sitara Shipping is -57% over three years and -39% over five years. In the latest year (FY 2025) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sitara Shipping is 27AAACS8329M1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sitara Shipping is U63040MH1981PTC023712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitara Shipping has 84 court cases on record: 60 filed by the company and 18 filed against it. 14 are pending. Most are in the high courts.
Sitara Shipping was incorporated on 15 January 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sitara Shipping by revenue are Mithals Enterprise Pvt Ltd, Shama Exports Private Limited, JVSP Cargo Services Private Limited, Mighty Shipping Liners Private Limited, Maa Om Logistics Mumbai Imports Private Limited and 5 more, all in the Transport and Logistics industry (Bulk Cargo and Container).
Sanjam Gupta was appointed as Director on 08 Sep 1997. Sumeet Sahi was appointed as Director on 08 Sep 1997. Inderjit Sahi Satnamsingh was appointed as Director on 15 Jan 1981. Sitara Shipping has 4 board changes on record in total.