MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0082611
Decent Shipping Private Limited - transport and logistics in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.42 Cr
▼ 6% YoY
Net loss · FY 2025
₹5.63 Lakh
Net margin -0.3%
EBITDA · FY 2025
₹13.44 Lakh
EBITDA margin 0.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹16.27 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
8
Provident fund records
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.
Decent Shipping Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0082611). 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.
Company details
CIN U60232PB2016PTC045794
Registration Number 045794
Incorporation Date 13 October 2016
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0082611
Recognitions & Rankings of Decent Shipping
Contact details
Decent Shipping Private Limited's registered office is in Ludhiana, Punjab. Its website is decentlogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Decent Shipping Private Limited, buy the company report.
Comprehensive company report
Decent Shipping 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Decent Shipping Private Limited, buy the company report.
Financials of Decent Shipping Private Limited
FY 2025 filings availableDecent Shipping Private Limited reported revenue of ₹18.42 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹18.42 Cr ▼ 6%
Net loss · FY 2025
₹5.63 Lakh margin -0.3%
EBITDA · FY 2025
₹13.44 Lakh margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 10%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 39%
5 years · compounded
▼ 23%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Decent Shipping Private Limited, buy the company report.
Board of directors of Decent Shipping Private Limited
Decent Shipping has 5 directors on record. No former directors are listed.
Current Directors
| 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 9 Months | Current |
| Ajit Pal Singh | Director | 13 Oct 2016 | 10 Years 0 Months | Current |
| Amandeep Kaur | Director | 13 Oct 2016 | 10 Years 0 Months | Current |
| Hari Om Bawa | Director | 17 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Decent Shipping Private Limited is audited by KAUSHAL SAREEN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHAL SAREEN & ASSOCIATES | FY 2021 | 014294N |
Shareholding
The shareholding of Decent Shipping Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Decent Shipping Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.27 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2023 | 100829663 | Others | ₹16.27 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
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.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
1
Disposed
6
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 Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Harjas International Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Mehar World | Disposed |
To see the full case history of Decent Shipping 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 Decent Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Decent Shipping Private Limited has a workforce of 8 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
100%
GST
Decent Shipping has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCD8716N1ZE | Punjab | Active | 01 Jul 2017 |
| 07AAFCD8716N1Z6 | Delhi | Active | 16 Jul 2021 |
To see the full GST registrations and return filing status of Decent Shipping Private Limited, buy the company report.
Recent activity
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.
AGM
Decent Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Decent Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 16.27 Lakh with Charge ID 100829663 was registered on 07 Nov 2023.
Appointed
Rupinder Kaur was appointed as Director.
Appointed
Hari Om Bawa was appointed as Director.
Appointed
Jaswinder Kaur was appointed as Director.
Appointed
Ajit Pal Singh was appointed as Director.
Appointed
Amandeep Kaur was appointed as Director.
Incorporation
13 Oct 2016
Decent Shipping Private Limited was registered on 13 Oct 2016 with Roc Chandigarh & aged 10 years 15 days as per MCA records.
Frequently asked questions
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 has 5 current directors:
- Rupinder Kaur - Director
- Jaswinder Kaur - Director
- Ajit Pal Singh - Director
- Amandeep Kaur - Director
- Hari Om Bawa - Director
The latest financial statements of Decent Shipping on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
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.
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.
Yes, Decent Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0082611).
Decent Shipping can be reached through the website decentlogistics.com. Its registered office is in Ludhiana, Punjab, India.