About Foreign Owners Representatives and Ship Managers Association
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Foreign Owners Representatives and Ship Managers Association is a public limited guarantee & association company based in Mumbai, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 03 November 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91120MH1989GAP054147. Its GSTIN is 27AAACF1296Q1Z4 (Maharashtra).
It is led by directors including Venkatesh Varadarajan Gomatam and Xerxes Homi Daji.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 102 A Fulcrum Sahar Road Andheri (E) Sahar Next To Hyatt Regency, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.11 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹22.16 Lakh (net margin 52.6%) and EBITDA of ₹22.16 Lakh (EBITDA margin 52.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 21% over five years.
The company is associated with 1 brand: FOSMA.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fosma.net.
Company details
CIN history
Foreign Owners Representatives and Ship Managers Association has one previous CIN (Corporate Identification Number): L91120MH1989GAP054147. The current CIN is U91120MH1989GAP054147, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91120MH1989GAP054147 | Current |
| L91120MH1989GAP054147 | Previous |
Contact details
Foreign Owners Representatives and Ship Managers Association's registered office is in Mumbai, Maharashtra. Its website is fosma.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address102 A Fulcrum Sahar Road Andheri (E) Sahar Next To Hyatt Regency, Mumbai, Maharashtra, India – 400099
- IndustryBusiness Services, Business Support Services
To see the full contact details of Foreign Owners Representatives and Ship Managers Association, buy the company report.
- 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
Business activity
The main business activity of Foreign Owners Representatives and Ship Managers Association is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Foreign Owners Representatives and Ship Managers Association, buy the company report.
Financials of Foreign Owners Representatives and Ship Managers Association
FY 2025 filings availableForeign Owners Representatives and Ship Managers Association reported revenue of ₹42.11 Lakh (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 19% growth in the latest year. EBITDA rose 71% 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 | ₹22.16 Lakh | ||||
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| Net Profit (PAT) | ₹22.16 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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| Profitability | |||||
| EBITDA Margin | 52.6% | ||||
| Net Profit Margin | 52.6% | ||||
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To see the full financial statements and ratios of Foreign Owners Representatives and Ship Managers Association, buy the company report.
Board of directors of Foreign Owners Representatives and Ship Managers Association
Foreign Owners Representatives and Ship Managers Association has 10 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Varadarajan Gomatam | Director | 26 Feb 2024 | 2 Years 8 Months | Current |
| Xerxes Homi Daji | Director | 03 Mar 2023 | 3 Years 8 Months | Current |
| Kanwarindersingh Jogindersingh Paintal | Additional Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Pawan Kumar Also directs: Fosma Maritime Institute and Research Organisation | Director | 31 May 2024 | 2 Years 5 Months | Current |
| Rajendra Yeshwant Barve Also directs: Herald Maritime Services Private Limited, Hepleq Aquifers Private Limited, Equip Ortho Surg (India) Private Limited and 3 more | Additional Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Kunal Manoj Katyal Also directs: Fosma Maritime Institute and Research Organisation | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Foreign Owners Representatives and Ship Managers Association is audited by BHUCHAR AND CHANDAK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUCHAR AND CHANDAK | FY 2023 | 101439W |
Shareholding
The shareholding of Foreign Owners Representatives and Ship Managers Association is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Foreign Owners Representatives and Ship Managers Association, buy the company report.
Legal cases
No court or tribunal cases involving Foreign Owners Representatives and Ship Managers Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Foreign Owners Representatives and Ship Managers Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Foreign Owners Representatives and Ship Managers Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF1296Q1Z4 | Maharashtra | Active | 18 Oct 2021 |
To see the full GST registrations and return filing status of Foreign Owners Representatives and Ship Managers Association, buy the company report.
Recent activity
Foreign Owners Representatives and Ship Managers Association has 48 board changes on record since 2008: 13 appointments and 35 cessations. The latest: Mohan Vasant Naik was appointed as Additional Director on 10 Oct 2025.
39 earlier events are in the company report.
Frequently asked questions
Foreign Owners Representatives and Ship Managers Association is an active public limited guarantee & association based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 03 November 1989 (37+ years old) and is registered under CIN U91120MH1989GAP054147.
Foreign Owners Representatives and Ship Managers Association has 10 current directors:
- Venkatesh Varadarajan Gomatam - Director
- Xerxes Homi Daji - Director
- Kanwarindersingh Jogindersingh Paintal - Additional Director
- Pawan Kumar - Director
- Rajendra Yeshwant Barve - Additional Director
- Kunal Manoj Katyal - Director
- Sankalp Shukla - Additional Director
- Rohan Dmello - Additional Director
- Satish Singh - Director
- Mohan Vasant Naik - Additional Director
The latest financial statements of Foreign Owners Representatives and Ship Managers Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Foreign Owners Representatives and Ship Managers Association is 27AAACF1296Q1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Foreign Owners Representatives and Ship Managers Association is U91120MH1989GAP054147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foreign Owners Representatives and Ship Managers Association was incorporated on 03 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohan Vasant Naik was appointed as Additional Director on 10 Oct 2025. Rohan Dmello was appointed as Additional Director on 25 Feb 2025. Mukesh Sharan ceased to be Director on 21 Jan 2025. Foreign Owners Representatives and Ship Managers Association has 48 board changes on record in total.
Foreign Owners Representatives and Ship Managers Association can be reached through the website fosma.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Foreign Owners Representatives and Ship Managers Association is at 102 A Fulcrum Sahar Road Andheri E Sahar Next To Hyatt Regency, Mumbai, Maharashtra, India – 400099.
Foreign Owners Representatives and Ship Managers Association operates in the business services industry, in the business support services segment.
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