DPIIT recognised startup Government of India
Startup India
Asopalav Maritime Services Private Limited
Asopalav Maritime Services Private Limited - transport and logistics in Kakinada, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹50.71 Lakh
▲ 66% YoY
Net profit · FY 2023
₹2.66 Lakh
Net margin 5.3%
EBITDA · FY 2023
₹5.37 Lakh
EBITDA margin 10.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25.07 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
6
Provident fund records
About Asopalav Maritime Services Private Limited
Data last updated:
Asopalav Maritime Services Private Limited is a private limited company based in Kakinada, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 02 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U63030AP2020PTC115574. Its GSTIN is 37AATCA9650L1ZT (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venu Gopal Saride and Srinivas Veera Manikya Rama Kasturi.
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 Flat No.302 3rd Floor D.No 16 – 23 – 33/A Lakshmi Nivas Road No.1 Pallamraju Nagar, Kakinada, Andhra Pradesh, India – 533001.
As per the financials filed for FY 2023, the company reported a revenue of ₹50.71 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.66 Lakh (net margin 5.3%) and EBITDA of ₹5.37 Lakh (EBITDA margin 10.6%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.07 Lakh on record.
Asopalav Maritime Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-03-0003033).
Company details
CIN U63030AP2020PTC115574
Registration Number 115574
Incorporation Date 02 September 2020
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-03-0003033
Recognitions & Rankings of Asopalav Maritime Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-03-0003033
Contact details
Asopalav Maritime Services Private Limited's registered office is in Kakinada, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.302 3rd Floor D.No 16 – 23 – 33/A Lakshmi Nivas Road No.1 Pallamraju Nagar, Kakinada, Andhra Pradesh, India – 533001
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Asopalav Maritime Services Private Limited, buy the company report.
Comprehensive company report
Asopalav Maritime Services Private Limited - one report that includes everything
- 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
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Financials of Asopalav Maritime Services Private Limited
FY 2024 filings availableAsopalav Maritime Services Private Limited reported revenue of ₹50.71 Lakh (up 66% YoY) for FY 2023.
Revenue · FY 2023
₹50.71 Lakh ▲ 66%
Net profit · FY 2023
₹2.66 Lakh margin 5.3%
EBITDA · FY 2023
₹5.37 Lakh margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
EBITDA CAGR growth
1 year
▲ 92%
Revenue rose 66% in the latest year. EBITDA rose 92% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹50.71 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.37 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.66 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.6% | ||
| Net Profit Margin | 5.3% | ||
| 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 | |||
To see the full financial statements and ratios of Asopalav Maritime Services Private Limited, buy the company report.
Board of directors of Asopalav Maritime Services Private Limited
Asopalav Maritime Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venu Gopal Saride | Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Srinivas Veera Manikya Rama Kasturi | Director | 02 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Asopalav Maritime Services Private Limited is audited by R A M S AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A M S AND CO | FY 2023 | 016594S |
Shareholding
The shareholding of Asopalav Maritime Services Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asopalav Maritime Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.07 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2023 | 100854209 | State Bank of India | ₹18 Lakh | Open | |
| 18 Mar 2021 | 100430758 | Hdfc Bank Limited | ₹7.07 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Asopalav Maritime Services 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 Asopalav Maritime Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asopalav Maritime Services Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-33.33%
GST
Asopalav Maritime Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AATCA9650L1ZT | Andhra Pradesh | Active | 20 Oct 2020 |
| 24AATCA9650L1Z0 | Gujarat | Active | 02 Nov 2021 |
To see the full GST registrations and return filing status of Asopalav Maritime Services Private Limited, buy the company report.
Recent activity
Asopalav Maritime Services Private Limited has 10 board changes on record since 2020: 6 appointments and 4 cessations. The latest: Sita Rama Prasad Kanakamedala ceased to be Director on 22 Nov 2023.
AGM
Asopalav Maritime Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asopalav Maritime Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with State Bank Of India amounted to Rs. 18.00 Lakh with Charge ID 100854209 was registered on 04 Dec 2023.
Ceased
Sita Rama Prasad Kanakamedala ceased to be Director.
Ceased
Surya Jogarao Bhamidipati ceased to be Director.
Ceased
Krishnaprasad Suryanarayana Pulari ceased to be Director.
Appointed
Surya Jogarao Bhamidipati was appointed as Director.
Appointed
Krishnaprasad Suryanarayana Pulari was appointed as Director.
Ceased
Deepakkumar Kothandaraman ceased to be Director.
Appointed
Deepakkumar Kothandaraman was appointed as Director.
Appointed
Sita Rama Prasad Kanakamedala was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.07 Lakh with Charge ID 100430758 was registered on 18 Mar 2021.
3 earlier events are in the company report.
Frequently asked questions
Asopalav Maritime Services is an active private limited company based in Kakinada, Andhra Pradesh, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 02 September 2020 (6+ years old) and is registered under CIN U63030AP2020PTC115574.
Asopalav Maritime Services has 2 current directors:
- Venu Gopal Saride - Director
- Srinivas Veera Manikya Rama Kasturi - Director
The latest financial statements of Asopalav Maritime Services 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 FY 2021 are in the company report.
The GSTIN of Asopalav Maritime Services is 37AATCA9650L1ZT, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AATCA9650L1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Asopalav Maritime Services is U63030AP2020PTC115574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asopalav Maritime Services was incorporated on 02 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sita Rama Prasad Kanakamedala ceased to be Director on 22 Nov 2023. Surya Jogarao Bhamidipati ceased to be Director on 22 Nov 2023. Krishnaprasad Suryanarayana Pulari ceased to be Director on 23 Jan 2023. Asopalav Maritime Services has 10 board changes on record in total.
Yes, Asopalav Maritime Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Asopalav Maritime Services is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-03-0003033).
The registered office of Asopalav Maritime Services is at Flat No.302 3rd Floor D.No 16 – 23 – 33A Lakshmi Nivas Road No.1 Pallamraju Nagar, Kakinada, Andhra Pradesh, India – 533001.