About Circle Clearing and Shipping Services Private Limited
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Circle Clearing and Shipping Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 24 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63010KA2010PTC055972. Its GSTIN is 29AAGCM8753P2ZG (Karnataka). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Moin Clearing and Shipping Services Private Limited. It is led by directors Sheetal Sadanand Shetty and Aarti Sadanand Shetty.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 206 – 208 Prestige Terminus – 1 Airport Exit Road, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6,096 (net margin -2.9%) and EBITDA of -₹5,427 (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website circleclearing.com.
Company details
Contact details
Circle Clearing and Shipping Services Private Limited's registered office is in Bangalore, Karnataka. Its website is circleclearing.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address206 – 208 Prestige Terminus – 1 Airport Exit Road, Bangalore, Karnataka, India – 560017
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Circle Clearing and Shipping Services 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 Circle Clearing and Shipping Services is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation |
To see the full business activity and turnover split of Circle Clearing and Shipping Services Private Limited, buy the company report.
Financials of Circle Clearing and Shipping Services Private Limited
FY 2023 filings availableCircle Clearing and Shipping Services Private Limited reported revenue of ₹2.08 Lakh (up 205% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 205% growth in the latest year. EBITDA fell 112% 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 | -₹5,427 | ||||
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| Net Profit (PAT) | -₹6,096 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -2.6% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of Circle Clearing and Shipping Services Private Limited, buy the company report.
Board of directors of Circle Clearing and Shipping Services Private Limited
Circle Clearing and Shipping Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheetal Sadanand Shetty Also directs: Capricorn Logistics Private Limited, Capricorn SCM Private Limited, JVPD One Private Limited and 1 more | Director | 19 Jan 2012 | 14 Years 9 Months | Current |
| Aarti Sadanand Shetty Also directs: Capricorn Skywards Services Private Limited | Director | 24 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Circle Clearing and Shipping Services Private Limited is audited by V SIVASANKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SIVASANKAR & CO | FY 2023 | 010839S |
Shareholding
The shareholding of Circle Clearing and Shipping Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Circle Clearing and Shipping Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Circle Clearing and Shipping 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 Circle Clearing and Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Circle Clearing and Shipping Services has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM8753P2ZG | Karnataka | Active | 27 Feb 2018 |
| 27AAGCM8753P1ZL | Maharashtra | Active | 08 Feb 2018 |
| 07AAGCM8753P1ZN | Delhi | Active | 21 Feb 2018 |
| 33AAGCM8753P1ZS | Tamil Nadu | Active | 22 Feb 2018 |
To see the full GST registrations and return filing status of Circle Clearing and Shipping Services Private Limited, buy the company report.
Recent activity
Circle Clearing and Shipping Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Sadanand Narayan Shetty ceased to be Managing Director on 28 Aug 2020.
Frequently asked questions
Circle Clearing and Shipping Services is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 24 November 2010 (16+ years old) and is registered under CIN U63010KA2010PTC055972.
Circle Clearing and Shipping Services has 2 current directors:
- Sheetal Sadanand Shetty - Director
- Aarti Sadanand Shetty - Director
The latest financial statements of Circle Clearing and Shipping Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Circle Clearing and Shipping Services is 29AAGCM8753P2ZG, registered in Karnataka. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCM8753P1ZL (Maharashtra), 07AAGCM8753P1ZN (Delhi), 33AAGCM8753P1ZS (Tamil Nadu).
The CIN (Corporate Identification Number) of Circle Clearing and Shipping Services is U63010KA2010PTC055972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Circle Clearing and Shipping Services was incorporated on 24 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Sadanand Narayan Shetty ceased to be Managing Director on 28 Aug 2020. Sheetal Sadanand Shetty ceased to be Additional Director on 29 Sep 2012. Omar Farooq ceased to be Director on 19 Jan 2012. Circle Clearing and Shipping Services has 5 board changes on record in total.
Circle Clearing and Shipping Services can be reached through the website circleclearing.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Circle Clearing and Shipping Services is at 206 – 208 Prestige Terminus – 1 Airport Exit Road, Bangalore, Karnataka, India – 560017.
Circle Clearing and Shipping Services operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
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