About Devise Marago Shipping
Devise Marago Shipping is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2017. It delivers comprehensive multi-modal freight forwarding solutions. It operates on a B2B model. The company has 13 employees. Its Indian entity Devise Marago Shipping Private Limited reported revenue of ₹9.22 Cr. Its focus areas include Logistics and Transportation, Freight Forwarding, Shipping Services and Multi-Modal Transport. Its competitors include Allcargo Logistics and CJ Darcl; 2 of its 2 listed competitors have raised funding.
Company details
Devise Marago Shipping operates with a B2B model, focusing on logistics and transportation, offering freight forwarding, providing shipping services, and multi-modal transport. Delivers comprehensive multi-modal freight forwarding solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Employees 13
- SectorsTransportation, Automotive & Logistics
- Website devisemarago.com
- Legal Name Devise Marago Shipping Private Limited
- Date of Incorporation 03 Apr, 2018
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹9.22 Cr
FY 2025 · -11% YoY
- Net Profit₹10.2 Lakh
FY 2025 · 1% margin
- EBITDA₹35.2 Lakh
FY 2025 · 4% margin
- Employee Count13
Associated legal entities of Devise Marago Shipping
Devise Marago Shipping operates through Devise Marago Shipping Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Devise Marago Shipping Private Limited CIN U63090KA2018PTC111893 | Active | 03 Apr 2018 | Bengaluru, Karnataka | ₹9.2 Cr | 13 | 2 | View details |
Board of directors of Devise Marago Shipping Private Limited (Devise Marago Shipping)
Devise Marago Shipping Private Limited is the primary company behind Devise Marago Shipping. The board of Devise Marago Shipping Private Limited currently have 2 directors; the longest-serving is Shivakumar Munishamappa Devarahalli, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shivakumar Munishamappa Devarahalli DIN 08101936 | Director | 03 Apr 2018 | 8 yrs 7 mo | Devise Marago Shipping Private Limited |
| Devarahalli Muniswamappa Srinivas DIN 08101937 | Director | 03 Apr 2018 | 8 yrs 7 mo | Devise Marago Shipping Private Limited |
Financials of Devise Marago Shipping
Figures of Devise Marago Shipping Private Limited, the primary company behind Devise Marago Shipping, for FY 2025. Revenue was ₹9.22 Cr (-11% year on year). Net profit was ₹10.2 Lakh (1% margin). EBITDA was ₹35.2 Lakh (4% margin). Revenue has grown at a compounded annual rate of +8% over three years and +27% over five years.
- ₹9.22 CrRevenue · FY 2025 · -11% YoY
- ₹10.2 LakhNet profit · 1% margin
- ₹35.2 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- 13Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Devise Marago Shipping Private Limited are on its company page.
Detailed financial statements for Devise Marago Shipping
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Devise Marago Shipping
Devise Marago Shipping has 2 listed competitors in our database, 2 of them funded. They include Allcargo Logistics and CJ Darcl.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| allcargologistics.com | 1993 | Mumbai, India | $18M | 182 | Multi-modal freight transportation, warehousing, and logistics services are provided globally. | |
| cjdarcl.com | 1975 | Gurugram, India | $17.31M | 6,166 | Multi-modal freight forwarding, logistics, and warehousing services are provided. |
Detailed competitors of Devise Marago Shipping
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Freight Forwarders
3 companies that operate in the same segment as Devise Marago Shipping (Freight Forwarders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | USD 524.07 M | 397 | ||
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 227 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 2,622 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Devise Marago Shipping
Devise Marago Shipping was founded in 2017.
Devise Marago Shipping is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Devise Marago Shipping has 13 employees.
The primary company behind Devise Marago Shipping, Devise Marago Shipping Private Limited, reported revenue of ₹9.22 Cr for FY 2025, down 11% year on year.
Devise Marago Shipping operates with a B2B model, focusing on logistics and transportation, offering freight forwarding, providing shipping services, and multi-modal transport. Delivers comprehensive multi-modal freight forwarding solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Devise Marago Shipping's top competitors include Allcargo Logistics and CJ Darcl.
Devise Marago Shipping operates through Devise Marago Shipping Private Limited.
The legal entities of Devise Marago Shipping currently have 2 directors, including Shivakumar Munishamappa Devarahalli, Devarahalli Muniswamappa Srinivas.