About United Shippers
United Shippers is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 1952, and was acquired by Oricon Enterprises in April 2022. It operates as a maritime shipping and transportation services are provided globally. The company has 1 employees. Its chief executive is Dinyar Karai. Its Indian entity United Shippers Limited reported revenue of ₹23.69 Cr. Its focus areas include Transportation and Logistics, Maritime Shipping and Maritime Transportation.
Company details
United Shippers was established in 1952 in Mumbai, India, as a provider in the maritime sector. Operations focus on shipping and transportation services, including cargo handling and logistics support. The company is managed by key executives such as Managing Director Sevantilal Jivanlal Parekh and CEO Dinyar Karai. Services extend to international routes, with headquarters based in India to facilitate regional and global trade activities.
- Headquarters Mumbai, India
- Employees 1
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website unitedshippers.com
- Acquired by Oricon Enterprises (Apr 2022)
- Legal Name United Shippers Limited
- Date of Incorporation 11 Nov, 1952
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹23.69 Cr
FY 2023 · +43% YoY
- Net Loss-₹3.03 Cr
FY 2023 · -13% margin
- EBITDA-₹7.99 Cr
FY 2023 · -34% margin
- Investors
- Employee Count1
- Acquired byOricon Enterprises
(Apr 2022)
Associated legal entities of United Shippers
United Shippers operates through United Shippers Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| United Shippers Limited CIN U35110MH1952PLC009445 | Active | 11 Nov 1952 | Mumbai, Maharashtra | ₹23.7 Cr | 1 | 5 | View details |
Investors in United Shippers
United Shippers has secured backing from 1 investor. Prominent investors backing the company include Oricon Enterprises.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Heptane and pentane are manufactured at a Khopoli plant. | 1968 | oriconenterprises.com | Mumbai, India |
Investor details for United Shippers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of United Shippers Limited (United Shippers)
United Shippers Limited is the primary company behind United Shippers. The board of United Shippers Limited currently have 5 directors; the longest-serving is Suhrid Susheel Somani, appointed in 1996. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suhrid Susheel Somani DIN 00217379 | Whole-time director | 06 Sep 1996 | 30 yrs 1 mo | United Shippers Limited |
| Adarsh Rajendra Somani DIN 00192609 | Managing Director | 09 Aug 2022 | 4 yrs 2 mo | United Shippers Limited |
| Balkishan Udairam Toshniwal DIN 00048019 | Director | 09 Aug 2022 | 4 yrs 2 mo | United Shippers Limited |
| Nupur Somani Adarsh DIN 00816788 | Whole-time director | 01 May 2024 | 2 yrs 5 mo | United Shippers Limited |
| Mamta Ashok Biyani DIN 01850136 | Director | 01 Jul 2024 | 2 yrs 3 mo | United Shippers Limited |
People of United Shippers
2 people are tracked at United Shippers (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Sevantilal Jivanlal Parekh | Managing Director | Leadership |
| CEO | Leadership |
Complete people profiles for United Shippers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of United Shippers
Figures of United Shippers Limited, the primary company behind United Shippers, for FY 2023. Revenue was ₹23.69 Cr (+43% year on year). Net loss was -₹3.03 Cr (-13% margin). EBITDA was -₹7.99 Cr (-34% margin). Revenue has grown at a compounded annual rate of -56% over three years and -41% over five years.
- ₹23.69 CrRevenue · FY 2023 · +43% YoY
- -₹3.03 CrNet loss · -13% margin
- -₹7.99 CrEBITDA · -34% margin
- ₹3.59 CrPaid-up capital
- 1Employees (provident fund records)
- -56%Revenue CAGR, 3 years
- -41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of United Shippers Limited are on its company page.
Detailed financial statements for United Shippers
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.
Timeline of United Shippers
2 dated milestones of United Shippers across 70 years, from founding to its latest funding, stage changes and deals.
- Founded United Shippers is founded.
- Exit Acquired by Oricon Enterprises.
Top companies in Maritime Transport & Shipping
10 companies that operate in the same segment as United Shippers (Maritime Transport & Shipping), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of brand design services | 1972 | Miami, Florida, United States | – | USD 24.53 B | – | |
Company specializing in liquid and gas seaborne logistics | 2002 | Mumbai, Maharashtra, India | USD 86.87 M | USD 147.32 M | 110 | |
Maritime transportation and logistics services are provided. | 1916 | Mumbai, Maharashtra, India | – | USD 265.33 M | 186 | |
Supply chain, logistics, and transportation services are provided globally. | 1904 | United States | – | USD 56.16 B | 108,160 | |
Provider of maritime transportation services | 1978 | Marseille, Provence-alpes-cote D'azur, France | – | – | – | |
Container, dry bulk, passenger transportation, and terminal operations are provided. | 1961 | Pudong, Shanghai, China | – | USD 31.21 B | 32,409 | |
Railway services including passenger enquiry, freight operations, and digital ticketing in India. | 1853 | Delhi, Delhi, India | – | – | – | |
Maritime transportation services provider | 1952 | Rome, Lazio, Italy | USD 39.88 M | – | – | |
Marine shipping and logistic services are provided globally. | 1999 | Algiers, Algeria | – | USD 5.4 B | 8,630 | |
Dry bulk vessels are owned and operated for commodity transportation. | 1982 | Oslo, Oslo, Norway | USD 15 M | USD 1.07 B | 94 |
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
Related news about United Shippers
Complete news archive for United Shippers
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about United Shippers
United Shippers was founded in 1952.
United Shippers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dinyar Karai is the current CEO of United Shippers.
United Shippers has 1 employees.
The primary company behind United Shippers, United Shippers Limited, reported revenue of ₹23.69 Cr for FY 2023, up 43% year on year.
United Shippers was established in 1952 in Mumbai, India, as a provider in the maritime sector. Operations focus on shipping and transportation services, including cargo handling and logistics support. The company is managed by key executives such as Managing Director Sevantilal Jivanlal Parekh and CEO Dinyar Karai. Services extend to international routes, with headquarters based in India to facilitate regional and global trade activities.
United Shippers has 1 investor. Key investors include Oricon Enterprises.
United Shippers operates through United Shippers Limited.
Yes. United Shippers was acquired by Oricon Enterprises in April 2022.
The legal entities of United Shippers currently have 5 directors, including Adarsh Rajendra Somani, Balkishan Udairam Toshniwal, Nupur Somani Adarsh and others.