About Ashit Shipping Services Pvt Ltd
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Ashit Shipping Services Pvt Ltd is a private limited company based in Bhavnagar, Gujarat, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 16 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U61200GJ1988PTC011115. Its GSTIN is 24AABCA8520B1ZC (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mayank Pramodrai Parikh and Aakash Mayank Parikh.
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 Ashish Jyot Complex1St Floor Sanskar Mandal Atabhai Road 2, Bhavnagar, Gujarat, India – 364000.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.41 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹24.18 Lakh (net margin 17.1%) and EBITDA of ₹32.63 Lakh (EBITDA margin 23.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹7.59 Cr on record. Court records list 24 cases involving the company, including 9 filed by the company and 15 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ashitshipping.in.
Company details
Contact details
Ashit Shipping Services Pvt Ltd's registered office is in Bhavnagar, Gujarat. Its website is ashitshipping.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAshish Jyot Complex1St Floor Sanskar Mandal Atabhai Road 2, Bhavnagar, Gujarat, India – 364000
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Ashit Shipping Services Pvt Ltd, 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
Business activity
The main business activity of Ashit Shipping Services 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 Ashit Shipping Services Pvt Ltd, buy the company report.
Financials of Ashit Shipping Services Pvt Ltd
FY 2025 filings availableAshit Shipping Services Pvt Ltd reported revenue of ₹1.41 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 82% 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 | ₹32.63 Lakh | ||||
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| Net Profit (PAT) | ₹24.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 23.1% | ||||
| Net Profit Margin | 17.1% | ||||
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To see the full financial statements and ratios of Ashit Shipping Services Pvt Ltd, buy the company report.
Board of directors of Ashit Shipping Services Pvt Ltd
Ashit Shipping Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Pramodrai Parikh | Director | 16 Aug 1988 | 38 Years 2 Months | Current |
| Aakash Mayank Parikh | Additional Director | 01 Jan 2018 | 8 Years 10 Months | Current |
Auditor
Ashit Shipping Services Pvt Ltd is audited by N. S. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. S. SHAH & CO. | FY 2023 | 133041W |
Shareholding
The shareholding of Ashit Shipping Services Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashit Shipping Services Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2007 | 10058720 | State Bank of India | ₹6.9 Cr | Open | |
| 29 Jun 2001 | 90110326 | State Bank of Saurashtra | ₹30 Lakh | Open | |
| 07 Feb 2001 | 90110260 | State Bank of Saurashtra | ₹38.95 Lakh | Open |
To see the full charge records of Ashit Shipping Services Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ashit Shipping Services Pvt Ltd has 24 court cases on record: 9 filed by Ashit Shipping Services, 15 filed against it. 2 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 12 | 2 |
| Supreme Court | 3 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Jre Infra Private Limited and 4 others | Disposed |
| High Court of Gujarat | Appeal | Filed against the company by Commissioner of C.E. and GST Bhavnagar | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Chairman - Kandla Port Trust and 2 others | Pending |
| District court, Bhavnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
To see the full case history of Ashit Shipping Services Pvt Ltd, 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 Ashit Shipping Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashit Shipping Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8520B1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashit Shipping Services Pvt Ltd, buy the company report.
Recent activity
Ashit Shipping Services Pvt Ltd has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Aakash Mayank Parikh was appointed as Additional Director on 01 Jan 2018.
Frequently asked questions
Ashit Shipping Services is an active private limited company based in Bhavnagar, Gujarat, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 16 August 1988 (38+ years old) and is registered under CIN U61200GJ1988PTC011115.
Ashit Shipping Services has 2 current directors:
- Mayank Pramodrai Parikh - Director
- Aakash Mayank Parikh - Additional Director
The latest financial statements of Ashit Shipping Services 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 Ashit Shipping Services is 24AABCA8520B1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashit Shipping Services is U61200GJ1988PTC011115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashit Shipping Services has 24 court cases on record: 9 filed by the company and 15 filed against it. 2 are pending. Most are in the high courts.
Ashit Shipping Services was incorporated on 16 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aakash Mayank Parikh was appointed as Additional Director on 01 Jan 2018. Ashit Pramodrai Parikh ceased to be Director on 01 Jan 2018. Sanjay Jamandas Thakrar ceased to be Director on 01 Nov 2011. Ashit Shipping Services has 4 board changes on record in total.
Ashit Shipping Services can be reached through the website ashitshipping.in. Its registered office is in Bhavnagar, Gujarat, India.
The registered office of Ashit Shipping Services is at Ashish Jyot Complex1St Floor Sanskar Mandal Atabhai Road 2, Bhavnagar, Gujarat, India – 364000.
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