Clipper Fleet Management India Private Limited

Clipper Fleet Management India Private Limited - transport and logistics in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U93090MH2009FTC195162 Incorporated 24 August 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Dissolved Under Section 59(8) Foreign Private Limited Company transport and logistics
Data last updated
Revenue · FY 2019
₹3.62 Lakh
▼ 100% YoY
Net loss · FY 2019
₹1.59 Cr
Latest filing
EBITDA · FY 2019
-₹1.51 Cr
Latest filing
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Satisfied charges
₹66 Lakh
No open charges
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Clipper Fleet Management India Private Limited

Data last updated:

Clipper Fleet Management India Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Clipper Fleet Management A/S. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 24 August 2009.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2009FTC195162. Its GSTIN is 27AADCC7330F1ZW (Maharashtra).

The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Clipper Marine Services (India) Private Limited. It was led by directors including Anders Schandorff and Sunil Rohidas Kamble.

Its last annual general meeting (AGM) was held on 26 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.

As per the financials filed for FY 2019, the company reported a revenue of ₹3.62 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr and EBITDA of -₹1.51 Cr. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years.

The company was associated with 1 brand: Clipper Group. As per MCA filings, the company had satisfied charges of ₹66 Lakh on record.

The last known website on record is clipper-group.com.

Company details

CIN U93090MH2009FTC195162
Registration Number 195162
Incorporation Date 24 August 2009
ROC Mumbai
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 26 August 2019
Date of Balance Sheet 31 March 2019
Parent Company Clipper Fleet Management A/S
Compliance Status Active Compliant

Contact details

Clipper Fleet Management India Private Limited's registered office is in Mumbai, Maharashtra. Its website is clipper-group.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    404 Peninsula Plaza Premises Co – Op Soc Ltd Plot No.A/16 Veera Ind Estate Off Link Road, Andheri W, Mumbai, Maharashtra, India – 400053
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Clipper Fleet Management India Private Limited, buy the company report.

Comprehensive company report
Clipper Fleet Management India Private Limited - one report that includes everything
  • 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
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Brands

Clipper Fleet Management India operates one associated brand: Clipper Group. Each brand links to its own profile.

BrandDescriptionWebsite
Dry bulk shipping services are provided internationally by Clipper Group.clipper-group.com

Business activity

The main business activity of Clipper Fleet Management India is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

Financials of Clipper Fleet Management India Private Limited

FY 2019 filings available

Clipper Fleet Management India Private Limited reported revenue of ₹3.62 Lakh (down 100% YoY) for FY 2019.

Revenue · FY 2019
₹3.62 Lakh ▼ 100%
Net loss · FY 2019
₹1.59 Cr
EBITDA · FY 2019
-₹1.51 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 85%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▼ 38%

Revenue has declined at a compounded annual rate (CAGR) of 85% over three years. EBITDA rose 17% 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.59 Cr
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Clipper Fleet Management India Private Limited, buy the company report.

Board of directors of Clipper Fleet Management India Private Limited

Clipper Fleet Management India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Aniket Arun RasalAlternate Director20 Sep 20197 Years 1 MonthsAs last reported
Anders SchandorffDirector12 Mar 20197 Years 7 MonthsAs last reported
Sunil Rohidas KambleDirector29 Dec 20178 Years 10 MonthsAs last reported

Peer comparison

Clipper Fleet Management India 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sree Venkateshwara Shipping and Logistics Services Private Limited₹3.72 Lakh (FY 2018)-73.0%Chennai, Tamil Nadu, India
Clipper Fleet Management India Private Limitedthis company₹3.62 Lakh (FY 2019)-₹1.59 Cr-100.0%Mumbai, Maharashtra, India
Karco Shipping Services Private Limited₹3.48 Lakh (FY 2024)42.0%Visakhapatnam, Andhra Pradesh, India
Vinayak Shipping Services Private Limited₹3.47 Lakh (FY 2023)-16.0%Indore, Madhya Pradesh, India
Kathiawar Shipping Private Limited₹3.4 Lakh (FY 2025)-91.0%Jamnagar, Gujarat, India

To see the full peer comparison of Clipper Fleet Management India Private Limited, buy the company report.

Auditor

Clipper Fleet Management India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2018.

Auditor firmFinancial yearFirm registration number
DELOITTE HASKINS & SELLS LLPFY 2018117366W

Shareholding

The shareholding of Clipper Fleet Management India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Clipper Fleet Management India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹66 Lakh
Breakdown by lending institutions
Others₹0.50 Cr
Tata Capital Limited₹0.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2015100018206Others₹50 LakhSatisfied
25 Nov 201110441883Tata Capital Limited₹16 LakhSatisfied

To see the full charge records of Clipper Fleet Management India Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Clipper Fleet Management India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Clipper Fleet Management India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCC7330F1ZWMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Clipper Fleet Management India Private Limited, buy the company report.

Recent activity

Clipper Fleet Management India Private Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Aniket Arun Rasal was appointed as Alternate Director on 20 Sep 2019.

Appointed
Aniket Arun Rasal was appointed as Alternate Director.
AGM
Clipper Fleet Management India Private Limited last Annual general meeting of members was held on 26 Aug 2019 as per latest MCA records.
Ceased
Anders Schandorff ceased to be Additional Director.
Filing
Clipper Fleet Management India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Ceased
Erik Ankjaer Carlsen ceased to be Director.
Appointed
Anders Schandorff was appointed as Director.
Ceased
Aniket Arun Rasal ceased to be Alternate Director.
Ceased
Sunil Rohidas Kamble ceased to be Additional Director.
Charges
A charge registered on 30 Sep 2015 via Charge ID 100018206 with Others was fully satisfied on 09 Mar 2018.
Ceased
Errol Robert Lobo ceased to be Managing Director.
Appointed
Sunil Rohidas Kamble was appointed as Director.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100018206 was registered on 30 Sep 2015.

6 earlier events are in the company report.

Frequently asked questions

Clipper Fleet Management India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Clipper Fleet Management India was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in shipping and maritime services, within the transport and logistics industry. It was incorporated on 24 August 2009 and is registered under CIN U93090MH2009FTC195162. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.

Clipper Fleet Management India was incorporated on 24 August 2009. It is registered with the Registrar of Companies, Mumbai.

Clipper Fleet Management India had 3 directors:

The CIN (Corporate Identification Number) of Clipper Fleet Management India is U93090MH2009FTC195162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Clipper Fleet Management India is at 404 Peninsula Plaza Premises Co – Op Soc Ltd Plot No.A16 Veera Ind Estate Off Link Road, Andheri W, Mumbai, Maharashtra, India – 400053.

Clipper Fleet Management India can be reached through the website clipper-group.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Clipper Fleet Management India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 August 2019. Year-wise statements from 2015 are in the company report.

The GSTIN of Clipper Fleet Management India is 27AADCC7330F1ZW, registered in Maharashtra.

Clipper Fleet Management India operated in the transport and logistics industry, in the shipping and maritime services segment.

The peers of Clipper Fleet Management India by revenue are Sree Venkateshwara Shipping and Logistics Services Private Limited, Karco Shipping Services Private Limited, Vinayak Shipping Services Private Limited, Kathiawar Shipping Private Limited, all in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation).