Express Industrial Services Private Limited
About Express Industrial Services Private Limited
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Express Industrial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vakksh Holdings Private Limited. It operates in the management consultancy segment of the business services sector. It was incorporated on 13 November 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH1979PTC021890. Its GSTIN is 27AAACE1339D1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Nutan Arun Shah and Shashi Arun Shah.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mittal Tower C – Wing 14th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.41 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹31.65 Lakh and EBITDA of -₹31.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 31% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹55.5 Lakh on record. Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Express Industrial Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressMittal Tower C – Wing 14th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Services, Management Consultancy
- 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
Financials of Express Industrial Services Private Limited
FY 2024 filings availableExpress Industrial Services Private Limited reported revenue of ₹1.41 Lakh (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 68% fall in the latest year. EBITDA rose 10% 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 | -₹31.03 Lakh | ||||
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| Net Profit (PAT) | -₹31.65 Lakh | ||||
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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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To see the full financial statements and ratios of Express Industrial Services Private Limited, buy the company report.
Board of directors of Express Industrial Services Private Limited
Express Industrial Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nutan Arun Shah Also directs: Kausthubha Minerals Private Limited, Srestha Arts and Commodities Private Limited, Mobile Trading and Investment Pvt Ltd and 4 more | Director | 06 Jun 2007 | 19 Years 4 Months | Current |
| Suren Chandrakant Shah Also directs: Kausthubha Minerals Private Limited, Nagur Minerals Private Limited, Srestha Arts and Commodities Private Limited and 5 more | Nominee Director | 09 Dec 2013 | 12 Years 10 Months | Current |
| Shashi Arun Shah Also directs: Nagur Minerals Private Limited, Vakksh Holdings Private Limited, Vakksh Trusteeship Services Private Limited and 2 more | Director | 20 Mar 1984 | 42 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 1980 | 80041275 | M S F C | ₹18 Lakh | Satisfied | |
| 06 Nov 1980 | 80041277 | M.S.F.C. | ₹15 Lakh | Satisfied | |
| 01 Nov 1980 | 80041279 | Central Bank of India | ₹7.5 Lakh | Satisfied | |
| 27 Jan 1979 | 80041276 | Bank of Baroda | ₹15 Lakh | Satisfied |
To see the full charge records of Express Industrial Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Express Industrial Services Private Limited has 21 court cases on record: 10 filed by Express Industrial Services, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 10 | 0 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SCN) | Filed against the company by Mafatlal Finance Company Ltd. | Disposed |
| Supreme Court | Court case (1001-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters relating to winding up) | Filed by the company against Mafatlal Finance Co. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Mittal Tower Premises Co-Operative Society Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Housing Development Finance Corpn. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Housing Development Fina Nce Corpn. Ltd. | Disposed |
To see the full case history of Express Industrial Services 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 Express Industrial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Express Industrial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE1339D1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Express Industrial Services Private Limited, buy the company report.
Recent activity
Express Industrial Services Private Limited has 6 board changes on record since 1984: 3 appointments and 3 cessations. The latest: Nutan Arun Shah ceased to be Director on 31 Mar 2019.
5 earlier events are in the company report.
Frequently asked questions
Express Industrial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 13 November 1979 (47+ years old) and is registered under CIN U61100MH1979PTC021890.
Express Industrial Services has 3 current directors:
- Nutan Arun Shah - Director
- Suren Chandrakant Shah - Nominee Director
- Shashi Arun Shah - Director
The latest financial statements of Express Industrial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Express Industrial Services is 27AAACE1339D1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Express Industrial Services is U61100MH1979PTC021890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Express Industrial Services has 21 court cases on record: 10 filed by the company and 11 filed against it. Most are in the high courts.
Express Industrial Services was incorporated on 13 November 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Nutan Arun Shah ceased to be Director on 31 Mar 2019. Chandrakant Gordhandas Shah ceased to be Director on 21 Jun 2014. Suren Chandrakant Shah was appointed as Nominee Director on 09 Dec 2013. Express Industrial Services has 6 board changes on record in total.
The registered office of Express Industrial Services is at Mittal Tower C – Wing 14th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
Express Industrial Services operates in the business services industry, in the management consultancy segment.