About Arkay Sea Logistics Limited
Data last updated:
Arkay Sea Logistics Limited is a public limited company based in Surat, Gujarat, India, a subsidiary of Arkay Holdings Limited. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 29 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U61100GJ2011PLC071050. Its GSTIN is 24AAJCA4313L1ZS (Gujarat).
The company has an authorised share capital of ₹18.9 Cr and a paid-up capital of ₹18.9 Cr. It is led by directors including Mahendramal Gang (Managing Director) and Siddhartha Bhagat.
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 Happy Home Reality Ff – 223 Green Signature, Shoppers Vesu Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹5.24 Cr (net margin -497.8%) and EBITDA of -₹5 Cr (EBITDA margin -475%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 115% over five years.
As per MCA filings, the company has open charges of ₹170 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arkaylog.com.
Company details
CIN history
Arkay Sea Logistics has one previous CIN (Corporate Identification Number): U61100MH2011PLC216857. The current CIN is U61100GJ2011PLC071050, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61100GJ2011PLC071050 | Current |
| U61100MH2011PLC216857 | Previous |
Contact details
Arkay Sea Logistics Limited's registered office is in Surat, Gujarat. Its website is arkaylog.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressHappy Home Reality Ff – 223 Green Signature, Shoppers Vesu Surat, Gujarat, India – 395007
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Arkay Sea Logistics 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 Arkay Sea Logistics Limited
FY 2024 filings availableArkay Sea Logistics Limited reported revenue of ₹1.05 Cr (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 115%. EBITDA fell 516% 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 | -₹5 Cr | ||||
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| Net Profit (PAT) | -₹5.24 Cr | ||||
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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 | -475% | ||||
| Net Profit Margin | -497.8% | ||||
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To see the full financial statements and ratios of Arkay Sea Logistics Limited, buy the company report.
Board of directors of Arkay Sea Logistics Limited
Arkay Sea Logistics has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhartha Bhagat Also directs: Seros Energy Private Limited, Universal Mercantile Corpn. Pvt Ltd, Superbaxy Vincom Pvt.Ltd. and 2 more | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Raghavendra Kedia | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Mahendramal Gang Also directs: Tapti Waterways Private Limited | Managing Director | 05 Sep 2011 | 15 Years 2 Months | Current |
Peer comparison
Arkay Sea Logistics Limited is compared with the 10 companies closest to it by revenue in the Shipping industry (Ship Broking and Shipping Agency), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pioneer Marine Advisers India Private Limited | ₹1.12 Cr (FY 2018) | -5.0% | Chennai, Tamil Nadu, India | |||
| Veer Marine Pvt Ltd | ₹1.11 Cr (FY 2025) | -53.0% | Mumbai, Maharashtra, India | |||
| Hina Shipping and Clearing (Cochin) Private Limited | ₹1.11 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Arya Corp Pvt Ltd | ₹1.09 Cr (FY 2025) | 61.0% | Kolkata, West Bengal, India | |||
| Canopus Marine Management Services Private Limited | ₹1.08 Cr (FY 2025) | -64.0% | Mumbai, Maharashtra, India | |||
| Arkay Sea Logistics Limitedthis company | ₹1.05 Cr (FY 2024) | -₹5.24 Cr | -497.8% | -60.0% | Surat, Gujarat, India | |
| Sachi Shipping Agency Private Limited | ₹1.05 Cr (FY 2024) | -4.0% | Kolkata, West Bengal, India | |||
| Tolaram India Ltd | ₹1.04 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| Upamahaasaagar Offshore India Private Limited | ₹1.01 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| Infoship India Private Limited | ₹99.84 Lakh (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Vandan Forwarders Pvt Ltd | ₹95.62 Lakh (FY 2025) | 271.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Arkay Sea Logistics Limited, buy the company report.
Auditor
Arkay Sea Logistics Limited is audited by D K S K & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K S K & COMPANY | FY 2021 | 017224S |
Shareholding
The shareholding of Arkay Sea Logistics Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Arkay Sea Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 100266319 | Others | ₹70 Cr | Open | |
| 12 Jul 2012 | 10369646 | Il&Fs Financial Services Limited | ₹100 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Arkay Sea Logistics Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
To see the full case history of Arkay Sea Logistics 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 Arkay Sea Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Arkay Sea Logistics Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Arkay Sea Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA4313L1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arkay Sea Logistics Limited, buy the company report.
Recent activity
Arkay Sea Logistics Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Raghavendra Kedia ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Arkay Sea Logistics is an active public limited company based in Surat, Gujarat, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 29 April 2011 (15+ years old) and is registered under CIN U61100GJ2011PLC071050.
Arkay Sea Logistics has 3 current directors:
- Mahendramal Gang - Managing Director
- Siddhartha Bhagat - Director
- Raghavendra Kedia - Director
The latest financial statements of Arkay Sea Logistics 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 2015 are in the company report.
The GSTIN of Arkay Sea Logistics is 24AAJCA4313L1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Arkay Sea Logistics is U61100GJ2011PLC071050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arkay Sea Logistics has 2 court cases on record: 2 filed against it.
Arkay Sea Logistics was incorporated on 29 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Arkay Sea Logistics by revenue are Pioneer Marine Advisers India Private Limited, Veer Marine Pvt Ltd, Hina Shipping and Clearing (Cochin) Private Limited, Arya Corp Pvt Ltd, Canopus Marine Management Services Private Limited and 5 more, all in the Shipping industry (Ship Broking and Shipping Agency).
Raghavendra Kedia ceased to be Additional Director on 29 Sep 2024. Siddhartha Bhagat ceased to be Additional Director on 29 Sep 2024. Manishkumar Satyanarayan Kedia ceased to be Director on 06 Sep 2024. Arkay Sea Logistics has 10 board changes on record in total.
Arkay Sea Logistics can be reached through the website arkaylog.com. Its registered office is in Surat, Gujarat, India.
The registered office of Arkay Sea Logistics is at Happy Home Reality Ff – 223 Green Signature, Shoppers Vesu Surat, Gujarat, India – 395007.
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