About Target Ship Management India Private Limited
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Target Ship Management India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 30 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2012PTC237333. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Virag Bansal and Radhey Shyam Bansal.
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 83 – 87 8th Floor Mittal Tower B – Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,600, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹10.34 Lakh and EBITDA of -₹10.34 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tsmi.in.
Company details
Contact details
Target Ship Management India Private Limited's registered office is in Mumbai, Maharashtra. Its website is tsmi.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address83 – 87 8th Floor Mittal Tower B – Wing Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Target Ship Management India 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
Financials of Target Ship Management India Private Limited
FY 2025 filings availableTarget Ship Management India Private Limited reported revenue of ₹12,600 (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 83% fall 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 |
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| EBITDA | -₹10.34 Lakh | ||||
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| Net Profit (PAT) | -₹10.34 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Target Ship Management India Private Limited, buy the company report.
Board of directors of Target Ship Management India Private Limited
Target Ship Management India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virag Bansal Also directs: Vector Shipping Services Private Limited | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
| Radhey Shyam Bansal | Director | 30 Oct 2012 | 13 Years 11 Months | Current |
Peer comparison
Target Ship Management India Private Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ancee Development Private Limited | ₹13,265 (FY 2022) | -88.0% | Dimapur, Nagaland, India | |||
| Ubique Travels Private Limited | ₹13,200 (FY 2024) | -21.0% | Lucknow, Uttar Pradesh, India | |||
| Orbit Pack & Fly Private Limited | ₹12,900 (FY 2023) | 0.0% | Kurukshetra, Haryana, India | |||
| Vacazoo Travel Private Limited | ₹12,812 (FY 2025) | -87.0% | Vadodara, Gujarat, India | |||
| HTT Holidaying Travel Technologies Private Limited | ₹12,658 (FY 2025) | -99.0% | Delhi, India | |||
| Target Ship Management India Private Limitedthis company | ₹12,600 (FY 2025) | -₹10.34 Lakh | -83.0% | Mumbai, Maharashtra, India | ||
| Breezview Tourism Private Limited | ₹12,550 (FY 2017) | Thiruvananthapuram, Kerala, India | ||||
| Tripoye Tourism Private Limited | ₹12,176 (FY 2021) | -99.0% | Pune, Maharashtra, India | |||
| Happytripping Network Private Limited | ₹12,078 (FY 2015) | Mumbai, Maharashtra, India | ||||
| Kalratri Tour and Travel Services Private Limited | ₹12,000 (FY 2024) | Kolkata, West Bengal, India | ||||
| Evershine Holidays Private Limited | ₹12,000 (FY 2020) | 1100.0% | Mahaveer Enclave, Delhi, India |
To see the full peer comparison of Target Ship Management India Private Limited, buy the company report.
Auditor
Target Ship Management India Private Limited is audited by P RAJ & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P RAJ & CO | FY 2017 | 108310W |
Shareholding
The shareholding of Target Ship Management India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Target Ship Management India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Target Ship Management India 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 Target Ship Management India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Target Ship Management India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Target Ship Management India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Target Ship Management India Private Limited, buy the company report.
Recent activity
Target Ship Management India Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Shailesh Kumar ceased to be Director on 22 Nov 2023.
Frequently asked questions
Target Ship Management India is an active private limited company based in Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 30 October 2012 (14+ years old) and is registered under CIN U63000MH2012PTC237333.
Target Ship Management India has 2 current directors:
- Virag Bansal - Director
- Radhey Shyam Bansal - Director
The latest financial statements of Target Ship Management India 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 2015 are in the company report.
No. Target Ship Management India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Target Ship Management India is U63000MH2012PTC237333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Target Ship Management India was incorporated on 30 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Target Ship Management India by revenue are Ancee Development Private Limited, Ubique Travels Private Limited, Orbit Pack & Fly Private Limited, Vacazoo Travel Private Limited, HTT Holidaying Travel Technologies Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators).
Shailesh Kumar ceased to be Director on 22 Nov 2023. Virag Bansal was appointed as Director on 21 Nov 2023. Vinay Asthana ceased to be Additional Director on 30 Sep 2016. Target Ship Management India has 5 board changes on record in total.
Target Ship Management India can be reached through the website tsmi.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Target Ship Management India is at 83 – 87 8th Floor Mittal Tower B – Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
Target Ship Management India operates in the transport and logistics industry, in the travel and tour services segment.