About Decent Shipping Private Limited
Data last updated:
Decent Shipping Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 13 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U60232PB2016PTC045794. Its GSTIN is 03AAFCD8716N1ZE (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Rupinder Kaur and Jaswinder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Decent Tower Scf 141 & 142 3rd Floor Urban Estate Phase – II Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.42 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹5.63 Lakh (net margin -0.3%) and EBITDA of ₹13.44 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Decent Shipping Private Limited. As per MCA filings, the company has open charges of ₹16.27 Lakh on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decentlogistics.com.
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- Website
- Social MediaLocked
- Registered AddressDecent Tower Scf 141 & 142 3rd Floor Urban Estate Phase – II Focal Point, Ludhiana, Punjab, India – 141010
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
- One PDF report, delivered after checkout
Business Activity of Decent Shipping Private Limited
The main business activity of Decent Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Decent Shipping Private Limited FY 2025 filings available
Decent Shipping Private Limited reported revenue of ₹18.42 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Decent Shipping Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 38% 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 of Decent Shipping Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.63 Lakh | •••• | •••• | •••• | •••• |
| 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 of Decent Shipping Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Decent Shipping are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Decent Shipping Private Limited
Decent Shipping Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| General Maritime India Private Limited | ₹18.54 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| Hyline Logistics Private Limited | ₹18.54 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Gurugram, Haryana, India |
| Raul Nirman Private Limited | ₹18.53 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Actrans Global Services Private Limited | ₹18.5 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Nagpur, Maharashtra, India |
| Suraj Forwarders Private Limited | ₹18.5 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Decent Shipping Private Limited this company | ₹18.42 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ludhiana, Punjab, India |
| Leadking Air Services Private Limited | ₹18.41 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Raven Advisory Services Private Limited | ₹18.41 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Herd Medical Foundation Private Limited | ₹18.41 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Nagpur, Maharashtra, India |
| Freedom Air Services Private Limited | ₹18.38 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Winteam Consolidators India Private Limited | ₹18.37 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Decent Shipping by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Decent Shipping Private Limited
Decent Shipping Private Limited is audited by KAUSHAL SAREEN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAUSHAL SAREEN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Decent Shipping Private Limited
Decent Shipping has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupinder Kaur | Director | 30 Dec 2020 | 5 Years 9 Months | Current |
| Jaswinder Kaur | Director | 17 Jan 2019 | 7 Years 8 Months | Current |
| Ajit Pal Singh | Director | 13 Oct 2016 | 9 Years 11 Months | Current |
| Amandeep Kaur | Director | 13 Oct 2016 | 9 Years 11 Months | Current |
| Hari Om Bawa | Director | 17 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Decent Shipping Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Decent Shipping Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2023 | Others | ₹16.27 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Decent Shipping Private Limited
Decent Shipping Private Limited has 7 court cases on record: 6 filed by Decent Shipping, 1 filed against it. 1 case is pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Harjas International Private Limited | Pending |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed against the company by Harjas International Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Harjas International Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Decent Shipping Private Limited
Decent Shipping operates one associated brand: Decent Shipping Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics services including freight forwarding, customs clearance, and supply chain management. | decentlogistics.com |
Employees and EPFO Compliance at Decent Shipping Private Limited
Decent Shipping Private Limited has a workforce of 8 employees as of Mar 26, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Decent Shipping Private Limited
Decent Shipping Private Limited has 5 board changes on record since 2016: 5 appointments. The latest: Rupinder Kaur was appointed as Director on 30 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Decent Shipping Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Decent Shipping Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Decent Shipping Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Decent Shipping Private Limited
Decent Shipping has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCD8716N1ZE | Punjab | Active | 01 Jul 2017 |
| 07AAFCD8716N1Z6 | Delhi | Active | 16 Jul 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Decent Shipping Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Decent Shipping Private Limited
Decent Shipping is an active private limited company based in Ludhiana, Punjab, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 13 October 2016 (10+ years old) and is registered under CIN U60232PB2016PTC045794.
Decent Shipping reported revenue of ₹18.42 Cr for FY 2025 (down 6% YoY).
Decent Shipping has 5 current directors:
- Rupinder Kaur - Director
- Jaswinder Kaur - Director
- Ajit Pal Singh - Director
- Amandeep Kaur - Director
- Hari Om Bawa - Director
Decent Shipping reported a net loss of ₹5.63 Lakh (net margin -0.3%) and EBITDA of ₹13.44 Lakh (EBITDA margin 0.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Decent Shipping is -10% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Decent Shipping is 03AAFCD8716N1ZE, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAFCD8716N1Z6 (Delhi).
The CIN (Corporate Identification Number) of Decent Shipping is U60232PB2016PTC045794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decent Shipping has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending.
Decent Shipping was incorporated on 13 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Decent Shipping by revenue are General Maritime India Private Limited, Hyline Logistics Private Limited, Raul Nirman Private Limited, Actrans Global Services Private Limited, Suraj Forwarders Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Rupinder Kaur was appointed as Director on 30 Dec 2020. Hari Om Bawa was appointed as Director on 17 Jan 2019. Jaswinder Kaur was appointed as Director on 17 Jan 2019. Decent Shipping has 5 board changes on record in total.