- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0000381

About Aquarius Shipyard Private Limited
Data last updated:
Aquarius Shipyard Private Limited is a private limited company based in Karaswada, Goa, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 24 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U35116GA2000PTC002819. Its GSTIN is 30AAECA9432B1ZB (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.6 Cr. It was formerly known as Aquarius Shipyard Limited. It is led by directors Ratnakar Dandekar (Managing Director) and Monica Ratnakar Dandekar.
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 D 2/11 Tivim Industrial Estate, Karaswada, Goa, India – 403526.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.76 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹25.28 Lakh (net margin 14.3%) and EBITDA of ₹33.15 Lakh (EBITDA margin 18.8%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 41% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aquarius Shipyard. As per MCA filings, the company has satisfied charges of ₹63.96 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in August 2022.
Aquarius Shipyard Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0000381). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aquariusgoa.com.
Company details
Name history
Aquarius Shipyard has undergone 3 name changes throughout its history. The company was previously known as Aquarius Shipyard Private Limited, Aquarius Shipyard Limited, and Aquarius Fibreglas Private Limited. The current legal name is Aquarius Shipyard Private Limited.
| Company Name | Status |
|---|---|
| Aquarius Shipyard Private Limited | Current |
| Aquarius Shipyard Limited | Previous |
| Aquarius Fibreglas Private Limited | Previous |
CIN history
Aquarius Shipyard has one previous CIN (Corporate Identification Number): U35116GA2000PLC002819. The current CIN is U35116GA2000PTC002819, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35116GA2000PTC002819 | Current |
| U35116GA2000PLC002819 | Previous |
Recognitions & Rankings of Aquarius Shipyard
Contact details
Aquarius Shipyard Private Limited's registered office is in Karaswada, Goa. Its website is aquariusgoa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD 2/11 Tivim Industrial Estate, Karaswada, Goa, India – 403526
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Aquarius Shipyard 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
Brands
Aquarius Shipyard operates one associated brand: Aquarius Shipyard. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shipbuilding, boat construction, and maritime services in India. | aquariusgoa.com |
Business activity
The main business activities of Aquarius Shipyard are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, repair & installation of machinery & equipment, motor vehicles and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aquarius Shipyard Private Limited, buy the company report.
Financials of Aquarius Shipyard Private Limited
FY 2025 filings availableAquarius Shipyard Private Limited reported revenue of ₹1.76 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 79% fall in the latest year. EBITDA rose 129% 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 | ₹33.15 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹25.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 14.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aquarius Shipyard Private Limited, buy the company report.
Board of directors of Aquarius Shipyard Private Limited
Aquarius Shipyard has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnakar Dandekar | Managing Director | 24 Feb 2000 | 26 Years 8 Months | Current |
| Monica Ratnakar Dandekar | Director | 24 Feb 2000 | 26 Years 8 Months | Current |
Auditor
Aquarius Shipyard Private Limited is audited by S.P. BHANDARE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. BHANDARE & ASSOCIATES | FY 2022 | 101157W |
Shareholding
The shareholding of Aquarius Shipyard 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 Aquarius Shipyard Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2010 | 10252431 | State Bank of India | ₹63.96 Cr | Satisfied |
To see the full charge records of Aquarius Shipyard Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Aquarius Shipyard Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in August 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2010 | Funding round | ₹49 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aquarius Shipyard Private Limited has 2 court cases on record: 1 filed by Aquarius Shipyard, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Appeal | Filed by the company against Kerala Shipping and Inland Navigation Corporation | Disposed |
To see the full case history of Aquarius Shipyard 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 Aquarius Shipyard Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aquarius Shipyard Private Limited has a workforce of 16 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Aquarius Shipyard has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECA9432B1ZB | Goa | Active | 01 Jul 2017 |
| 18AAECA9432B1ZX | Assam | Active | 19 Feb 2020 |
To see the full GST registrations and return filing status of Aquarius Shipyard Private Limited, buy the company report.
Recent activity
Aquarius Shipyard Private Limited has 7 board changes on record since 2000: 2 appointments and 5 cessations. The latest: Dilip Donde ceased to be Director on 31 Mar 2019.
1 earlier event is in the company report.
Frequently asked questions
Aquarius Shipyard is an active private limited company based in Karaswada, Goa, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 24 February 2000 (26+ years old) and is registered under CIN U35116GA2000PTC002819.
Aquarius Shipyard has 2 current directors:
- Ratnakar Dandekar - Managing Director
- Monica Ratnakar Dandekar - Director
The latest financial statements of Aquarius Shipyard 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.
The GSTIN of Aquarius Shipyard is 30AAECA9432B1ZB, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 18AAECA9432B1ZX (Assam).
The CIN (Corporate Identification Number) of Aquarius Shipyard is U35116GA2000PTC002819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aquarius Shipyard has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Aquarius Shipyard was incorporated on 24 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Goa.
Aquarius Shipyard has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in August 2022.
Dilip Donde ceased to be Director on 31 Mar 2019. Ramakant Subray Kamat ceased to be Director on 31 Mar 2019. Laxman Kashinath Sathe ceased to be Additional Director on 23 Apr 2018. Aquarius Shipyard has 7 board changes on record in total.
Yes, Aquarius Shipyard is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-01-0000381).

