About Finiks Shipping Private Limited
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Finiks Shipping Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U63012AP2016PTC098353. Its GSTIN is 37AACCF7639M1Z2 (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mushthri Begum and Gnana Prasanna Kumari Baggam.
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 1 Kannayapeta Nearby Hotel Green Park, Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.9 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹9.83 Lakh (net margin 2.5%) and EBITDA of ₹18.82 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹41.52 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finiks.co.in.
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- Website
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- Registered AddressDoor No 12 – 1 – 20/4 Srinivasa Apartment, Second Floor Flat No Sf – 1 Kannayapeta Nearby Hotel Green Park, Visakhapatnam, Andhra Pradesh, India – 530002
- IndustryFinancial Services, Diversified Financial 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 Finiks Shipping Private Limited
The main business activity of Finiks Shipping 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 Finiks Shipping Private Limited FY 2025 filings available
Finiks Shipping Private Limited reported revenue of ₹3.9 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Finiks Shipping Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 23% growth in the latest year. EBITDA rose 36% 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 Finiks Shipping Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹18.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.83 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 Finiks Shipping Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Finiks Shipping are in the company report.
Financial statements from FY 2016
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 Finiks Shipping Private Limited
Finiks Shipping has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mushthri Begum | Director | 01 Mar 2020 | 6 Years 7 Months | Current |
| Gnana Prasanna Kumari Baggam | Director | 01 Mar 2020 | 6 Years 7 Months | Current |
| Althaf Babjan | Director | 19 Feb 2016 | 10 Years 8 Months | Current |
| Subhomoy Banerjee | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
Peer Comparison of Finiks Shipping Private Limited
Finiks Shipping Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Ship Broking and Shipping Agency). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SDS Offshore Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Mumbai, Maharashtra, India |
| Global United Chartering & Shipbroking Solutions Private Limited | ₹4.19 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Chennai, Tamil Nadu, India |
| Confidence Shipping Co Private Limited | ₹4.15 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Sri Raghavendra Shipping Company Private Limited | ₹4.1 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Midas Global Maritime Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Finiks Shipping Private Limited this company | ₹3.9 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Bhise Shipping Agencies (India) Private Limited | ₹3.84 Cr (FY 2021) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Arnav Shipping Private Limited | ₹3.82 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Gandhidham, Gujarat, India |
| Navnit Marine Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 207.0% | •••• | Mumbai, Maharashtra, India |
| K P V Shaik Mohamed Rowther & Co Private Limited | ₹3.71 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | Chennai, Tamil Nadu, India |
| Bengal Tiger Line (India) Private Limited | ₹3.6 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Finiks Shipping by revenue in the Shipping industry (Ship Broking and Shipping Agency), 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 Finiks Shipping Private Limited
Finiks Shipping Private Limited is audited by KIRAN KUMARBAYYAVARAPU for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRAN KUMARBAYYAVARAPU | 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 Finiks 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 Finiks Shipping Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | Hdfc Bank Limited | ₹18.59 Lakh | Open |
| 08 Oct 2021 | Hdfc Bank Limited | ₹22.94 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Finiks Shipping Private Limited
Employment history and EPFO contributions of people linked to Finiks Shipping.
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 Finiks Shipping Private Limited
Finiks Shipping Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Gnana Prasanna Kumari Baggam ceased to be Additional Director on 31 Dec 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finiks 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 Finiks 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 Finiks 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 Finiks Shipping Private Limited
Finiks Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCF7639M1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
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 Finiks 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 Finiks Shipping Private Limited
Finiks Shipping is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 February 2016 (10+ years old) and is registered under CIN U63012AP2016PTC098353.
Finiks Shipping reported revenue of ₹3.9 Cr for FY 2024 (up 23% YoY).
Finiks Shipping has 4 current directors:
- Mushthri Begum - Director
- Gnana Prasanna Kumari Baggam - Director
- Althaf Babjan - Director
- Subhomoy Banerjee - Director
Finiks Shipping reported a net profit of ₹9.83 Lakh (net margin 2.5%) and EBITDA of ₹18.82 Lakh (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finiks Shipping is 37% over three years and 48% over five years. In the latest year (FY 2024) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finiks Shipping is 37AACCF7639M1Z2, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Finiks Shipping is U63012AP2016PTC098353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finiks Shipping was incorporated on 19 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Finiks Shipping by revenue are SDS Offshore Private Limited, Global United Chartering & Shipbroking Solutions Private Limited, Confidence Shipping Co Private Limited, Sri Raghavendra Shipping Company Private Limited, Midas Global Maritime Private Limited and 5 more, all in the Shipping industry (Ship Broking and Shipping Agency).
Gnana Prasanna Kumari Baggam ceased to be Additional Director on 31 Dec 2020. Mushthri Begum ceased to be Additional Director on 31 Dec 2020. Gnana Prasanna Kumari Baggam was appointed as Director on 01 Mar 2020. Finiks Shipping has 8 board changes on record in total.
Finiks Shipping can be reached through the website finiks.co.in. Its registered office is in Visakhapatnam, Andhra Pradesh, India.