About Devi Shipping Services Private Limited
Data last updated:
Devi Shipping Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 07 April 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH2009PTC191539. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹79,500. It was led by directors Kavita Kirti Asher and Kirti Jethamal Asher.
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 was at 17th Floor A 1702 Helicon Heights Linking Road Sai Lee Hospital Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.88 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹92.41 Lakh (net margin 11.7%) and EBITDA of ₹1.36 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 70% over five years.
As per MCA filings, the company has satisfied charges of ₹2.15 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
The last known website on record is devishipping.co.in.
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- Registered Address17th Floor A 1702 Helicon Heights Linking Road Sai Lee Hospital Borivali West, Mumbai, Maharashtra, India – 400092
- 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 Devi Shipping Services Private Limited
The main business activity of Devi Shipping Services is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines | 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 Devi Shipping Services Private Limited FY 2025 filings available
Devi Shipping Services Private Limited reported revenue of ₹7.88 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devi Shipping Services Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 48% 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 Devi Shipping Services 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 | ₹1.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92.41 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 Devi Shipping Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.7% | •••• | •••• | •••• | •••• |
| 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 Devi Shipping Services are in the company report.
Financial statements from 2015
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.
Board of Directors of Devi Shipping Services Private Limited
Devi Shipping Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Kirti Asher Also directs: Devi Shipping & Logistics LLP, Devi Shipping Services LLP | Director | 07 Apr 2009 | 17 Years 6 Months | As last reported |
| Kirti Jethamal Asher Also directs: Devi Shipping & Logistics LLP, Devi Shipping Services LLP | Director | 07 Apr 2009 | 17 Years 6 Months | As last reported |
Peer Comparison of Devi Shipping Services Private Limited
Devi Shipping Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MCDS Golbal Solutions (I) Private Limited | ₹7.89 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Nalla Sopara, Maharashtra, India |
| Caat Logistics Private Limited | ₹7.89 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Chennai, Tamil Nadu, India |
| Growth Logistics Private Limited | ₹7.89 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Mumbai, Maharashtra, India |
| Buena Vista SCM Private Limited | ₹7.89 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Indore, Madhya Pradesh, India |
| Speed Carriers (Bombay) Private Limited | ₹7.88 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Ahmedabad, Gujarat, India |
| Devi Shipping Services Private Limited this company | ₹7.88 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Florence Logistics Private Limited | ₹7.88 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Hi-Tos Liner Agency Private Limited | ₹7.87 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Asansol Transport Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| L.S. Transco Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Gurgaon, Haryana, India |
| Parijat Shipping and Finale Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | 1340.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devi Shipping Services by revenue in the Transport and Logistics industry (Diversified Logistics, Shipping Services), 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 Devi Shipping Services Private Limited
Devi Shipping Services Private Limited is audited by ASHAR & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHAR & CO | 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.
Ownership and Shareholding of Devi Shipping Services 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 Devi Shipping Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2014 | Icici Bank Limited | ₹1.25 Cr | Satisfied |
| 27 Feb 2013 | Hdfc Bank Limited | ₹90 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Devi Shipping Services Private Limited
Devi Shipping Services Private Limited has 7 court cases on record: 5 filed by Devi Shipping Services, 2 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAW) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (MCC ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Rest. Appln. ULP) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | 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.
Employees and EPFO Compliance at Devi Shipping Services Private Limited
Employment history and EPFO contributions of people linked to Devi Shipping Services.
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 Devi Shipping Services Private Limited
Devi Shipping Services Private Limited has 4 board changes on record since 2009: 4 appointments. The latest: Avnee Kirti Asher was appointed as Director on 30 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Devi Shipping Services 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 Devi Shipping Services 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 Devi Shipping Services 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 Devi Shipping Services Private Limited
Devi Shipping Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Devi Shipping Services 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 Devi Shipping Services Private Limited
Devi Shipping Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Devi Shipping Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 07 April 2009 and is registered under CIN U63040MH2009PTC191539. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Devi Shipping Services is U63040MH2009PTC191539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Shipping Services had 2 directors:
- Kavita Kirti Asher - Director
- Kirti Jethamal Asher - Director
Devi Shipping Services was incorporated on 07 April 2009. It is registered with the Registrar of Companies, Mumbai.
Devi Shipping Services can be reached through the website devishipping.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Devi Shipping Services is at 17th Floor A 1702 Helicon Heights Linking Road Sai Lee Hospital Borivali West, Mumbai, Maharashtra, India – 400092.
Devi Shipping Services reported revenue of ₹7.88 Cr for FY 2025 (down 30% YoY).
Devi Shipping Services has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹79,500.
Devi Shipping Services reported a net profit of ₹92.41 Lakh (net margin 11.7%) and EBITDA of ₹1.36 Cr (EBITDA margin 17.3%) for FY 2025, as per its filed financial statements.
No. Devi Shipping Services has 1 GST registration on record and it is cancelled or inactive.