Bay Star Marine Private Limited
About Bay Star Marine Private Limited
Data last updated:
Bay Star Marine Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the fishing segment of the aquaculture and fisheries sector. It was incorporated on 16 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05005AP2002PTC039613.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Supraja Tunga (Whole-Time Director) and Shronitha Thunga.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Door No.50 – 94 – 14/3 4th Floor Shantipuram Seethampeta, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.72 Lakh. For the same year it recorded a net loss of ₹3,711 (net margin -0.3%) and EBITDA of ₹2.29 Lakh (EBITDA margin 19.5%).
As per MCA filings, the company has open charges of ₹36 Lakh and satisfied charges of ₹83.8 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bay Star Marine Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.50 – 94 – 14/3 4th Floor Shantipuram Seethampeta, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryAquaculture, Fishing
To see the full contact details of Bay Star Marine 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
Financials of Bay Star Marine Private Limited
FY 2023 filings availableBay Star Marine Private Limited reported revenue of ₹11.72 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹11.72 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.29 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3,711 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 19.5% | ||
| Net Profit Margin | -0.3% | ||
| 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 Bay Star Marine Private Limited, buy the company report.
Board of directors of Bay Star Marine Private Limited
Bay Star Marine has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supraja Tunga | Whole-Time Director | 22 Dec 2004 | 21 Years 10 Months | Current |
| Shronitha Thunga | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Bay Star Marine Private Limited is audited by AVR & CO CHARTERED ACCOUNTANTS LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVR & CO CHARTERED ACCOUNTANTS LLP | FY 2017 | S200006 |
Shareholding
The shareholding of Bay Star Marine Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bay Star Marine Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2004 | 90121854 | Purani Marine (P) Ltd | ₹36 Lakh | Open | |
| 10 Nov 2005 | 90259218 | Syndicate Bank | ₹38.8 Lakh | Satisfied | |
| 25 Nov 2002 | 90121671 | Sundicata Bamk | ₹45 Lakh | Satisfied |
To see the full charge records of Bay Star Marine Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bay Star Marine Private Limited has 6 court cases on record: 1 filed by Bay Star Marine, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Ap and 1 other | Disposed |
| High Court of Andhra Pradesh | Court case (AS) | Filed against the company | Disposed |
| High Court of Andhra Pradesh | Revision petition | Filed against the company | Disposed |
| High Court for State of Telangana | Revision petition | Filed against the company | Disposed |
To see the full case history of Bay Star Marine 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bay Star Marine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bay Star Marine Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bay Star Marine Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Shronitha Thunga ceased to be Additional Director on 21 Dec 2020.
2 earlier events are in the company report.
Frequently asked questions
Bay Star Marine is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in fishing, within the aquaculture industry. It was incorporated on 16 September 2002 (24+ years old) and is registered under CIN U05005AP2002PTC039613.
Bay Star Marine has 2 current directors:
- Supraja Tunga - Whole-Time Director
- Shronitha Thunga - Director
The latest financial statements of Bay Star Marine on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bay Star Marine is U05005AP2002PTC039613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bay Star Marine has 6 court cases on record: 1 filed by the company and 5 filed against it.
Bay Star Marine was incorporated on 16 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Vijayawada.
Shronitha Thunga ceased to be Additional Director on 21 Dec 2020. Tejesh Reddy Challa ceased to be Additional Director on 22 Jun 2020. Shronitha Thunga was appointed as Director on 15 Jun 2020. Bay Star Marine has 6 board changes on record in total.
The registered office of Bay Star Marine is at Door No.50 – 94 – 143 4th Floor Shantipuram Seethampeta, Visakhapatnam, Andhra Pradesh, India – 530016.
Bay Star Marine operates in the aquaculture industry, in the fishing segment.
Bay Star Marine has open charges of ₹36 Lakh and satisfied charges of ₹83.8 Lakh as per latest MCA filings.
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