About Atlantic Global Shipping Private Limited
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Atlantic Global Shipping Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 22 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1985PTC035451. Its GSTIN is 27AAACA5006D1ZC (Maharashtra). The company holds 12 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.48 Cr. It was formerly known as Atlantic Shipping Private Limited. It is led by directors including Ronak Samreetsunder Shetty (Managing Director) and Rajesh Nair (Whole-Time Director).
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 124 B Mittal Court 224 Narjman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,501.67 Cr, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Cr (net margin 0.7%) and EBITDA of ₹22.07 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 50% over five years.
The company has about 419 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹64.32 Cr and satisfied charges of ₹50 Lakh on record. Court records list 78 cases involving the company, including 43 filed by the company and 35 filed against it; 14 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.48 Cr; the latest was in March 2023. Its 4 peer companies in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 2 smaller; the largest is Adani Harbour Services Limited with revenue of ₹4,249.23 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2024, listing 10 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atlanticglobalshipping.com.
Company details
Contact details
Atlantic Global Shipping Private Limited's registered office is in Mumbai, Maharashtra. Its website is atlanticglobalshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address124 B Mittal Court 224 Narjman Point, Mumbai, Maharashtra, India – 400021
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Atlantic Global Shipping 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
Business activity
The main business activity of Atlantic Global Shipping 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 Atlantic Global Shipping Private Limited, buy the company report.
Financials of Atlantic Global Shipping Private Limited
FY 2024 filings availableAtlantic Global Shipping Private Limited reported revenue of ₹1,501.67 Cr (up 133% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 133% growth in the latest year. EBITDA rose 45% 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 | ₹22.07 Cr | ||||
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| Net Profit (PAT) | ₹11.02 Cr | ||||
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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 | 1.5% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Atlantic Global Shipping Private Limited, buy the company report.
Board of directors of Atlantic Global Shipping Private Limited
Atlantic Global Shipping has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ronak Samreetsunder Shetty Also directs: Sunrich Impex Private Limited, Sunrich Ship Chandlers Private Limited, Ship2ship Private Limited and 5 more | Managing Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Rajesh Nair | Whole-Time Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Shabbir Fidahussain Rangwala Also directs: Sunrich Impex Private Limited, Sunrich Ship Chandlers Private Limited, Ship2ship Private Limited and 5 more | Whole-Time Director | 01 Oct 2003 | 23 Years 1 Months | Current |
| Burhanuddin Shabbir Rangwala Also directs: Sunrich Impex Private Limited, Sunrich Ship Chandlers Private Limited, Ship2ship Private Limited and 5 more | Whole-Time Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Abbas Fidahusain Barodawala Also directs: Sunrich Impex Private Limited, Sunrich Ship Chandlers Private Limited, Ship2ship Private Limited and 5 more | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
Peer comparison
Atlantic Global Shipping Private Limited is compared with the 4 companies closest to it by revenue in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adani Harbour Services Limited | ₹4,249.23 Cr (FY 2025) | 37.0% | Ahmedabad, Gujarat, India | |||
| Act Infraport Limited | ₹3,338.56 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Atlantic Global Shipping Private Limitedthis company | ₹1,501.67 Cr (FY 2025) | ₹11.02 Cr | 0.7% | 133.0% | 419 | Mumbai, Maharashtra, India |
| JSW Jaigarh Port Limited | ₹1,278.3 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Transworld Feeders Private Limited | ₹1,109.14 Cr (FY 2023) | 44.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Atlantic Global Shipping Private Limited, buy the company report.
Auditor
Atlantic Global Shipping Private Limited is audited by TENDOLKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TENDOLKAR & CO | FY 2023 | 037658 |
Shareholding
The shareholding of Atlantic Global Shipping Private Limited 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Atlantic Global Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2022 | 100695210 | Hdfc Bank Limited | ₹49.9 Lakh | Open | |
| 13 Jun 2022 | 100585296 | Bank of India | ₹1.56 Cr | Open | |
| 04 Feb 2022 | 100556114 | Bank of India | ₹1.56 Cr | Open | |
| 19 Oct 2020 | 100384923 | Bank of India | ₹80 Lakh | Open | |
| 03 Sep 2020 | 100372988 | Bank of India | ₹3 Cr | Open |
To see the full charge records of Atlantic Global Shipping Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Atlantic Global Shipping Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.48 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹1.3 Cr | Investors: Sunrich Properties and Investment Private Limited , an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2006 | Funding round | ₹1.66 Cr | Investors: Sunrich Properties and Investment Private Limited , 3 individuals |
To see the full deal history of Atlantic Global Shipping Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Atlantic Global Shipping Private Limited has 78 court cases on record: 43 filed by Atlantic Global Shipping, 35 filed against it. 14 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 57 | 18 | 6 |
| District courts | 17 | 13 | 4 |
| Supreme Court | 4 | 4 | 4 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (ADMS) | Filed by the company against Punj Lloyd Limited and 1 other | Pending |
| High Court of Gujarat | Court case (AS) | Filed against the company by Indian Synthetic Rubber Private Limited | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Vizhinjam International Seaport Ltd., and 1 other | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Kottayam Golden Marine Pvt Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by Atlantic Alloy Dyes Pvt. Ltd. and Anr | Disposed |
To see the full case history of Atlantic Global Shipping 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.
Credit ratings & regulatory alerts
Atlantic Global Shipping Private Limited was last rated by Icra on 31 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Jan 2022 |
To see the full credit ratings and regulatory alerts of Atlantic Global Shipping Private Limited, buy the company report.
MSME payment delays
Atlantic Global Shipping Private Limited has 3 MSME Form 1 returns on record between 2021 and 2024, listing 10 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gujarat JHM Hotels Private Limited | |||
| Hotel Shiv Grand-Kandla | |||
| Ansari Estate Private Limited | |||
| Asteroid International Private Limited | |||
| Hotel Sapphire Mundra |
To see the full MSME payment records of Atlantic Global Shipping Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Atlantic Global Shipping has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Atlantic Global Shipping Private Limited has a workforce of 419 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Atlantic Global Shipping has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA5006D1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AAACA5006D2ZB | Maharashtra | Active | 04 Apr 2025 |
| 07AAACA5006D1ZE | Delhi | Active | 01 Jul 2017 |
| 19AAACA5006D1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atlantic Global Shipping Private Limited, buy the company report.
Recent activity
Atlantic Global Shipping Private Limited has 14 board changes on record since 2003: 5 appointments and 9 cessations. The latest: Burhanuddin Shabbir Rangwala ceased to be Additional Director on 30 Sep 2022.
20 earlier events are in the company report.
Frequently asked questions
Atlantic Global Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 22 February 1985 (41+ years old) and is registered under CIN U63090MH1985PTC035451.
Atlantic Global Shipping has 5 current directors:
- Ronak Samreetsunder Shetty - Managing Director
- Rajesh Nair - Whole-Time Director
- Shabbir Fidahussain Rangwala - Whole-Time Director
- Burhanuddin Shabbir Rangwala - Whole-Time Director
- Abbas Fidahusain Barodawala - Director
The latest financial statements of Atlantic Global Shipping 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 Atlantic Global Shipping is 27AAACA5006D1ZC, registered in Maharashtra. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 27AAACA5006D2ZB (Maharashtra), 07AAACA5006D1ZE (Delhi), 19AAACA5006D1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Atlantic Global Shipping is U63090MH1985PTC035451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atlantic Global Shipping has 78 court cases on record: 43 filed by the company and 35 filed against it. 14 are pending. Most are in the high courts.
Atlantic Global Shipping was incorporated on 22 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Atlantic Global Shipping has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.48 Cr; the latest was in March 2023.
The peers of Atlantic Global Shipping by revenue are Adani Harbour Services Limited, Act Infraport Limited, JSW Jaigarh Port Limited, Transworld Feeders Private Limited, all in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation).
Burhanuddin Shabbir Rangwala ceased to be Additional Director on 30 Sep 2022. Rajesh Nair ceased to be Additional Director on 30 Sep 2022. Burhanuddin Shabbir Rangwala was appointed as Whole-Time Director on 04 Jul 2022. Atlantic Global Shipping has 14 board changes on record in total.
Atlantic Global Shipping has 3 MSME Form 1 returns on record between 2021 and 2024, listing 10 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Atlantic Global Shipping can be reached through the website atlanticglobalshipping.com. Its registered office is in Mumbai, Maharashtra, India.
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