About Gaslite Ship Management Private Limited
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Gaslite Ship Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH1993PTC070434. Its GSTIN is 27AAACG2001L2ZZ (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It was formerly known as Galaxy Ship Management Private Limited and Galaxy Securities Private Limited. It is led by directors Khurshed Meherwanji Thanawalla (Managing Director) and Bhanubhai Ramjibhai Patel.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.52 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹37,279 (net margin 0.2%) and EBITDA of ₹26.32 Lakh (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 131% over five years.
As per MCA filings, the company has open charges of ₹8.85 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gaslite.co.in.
Company details
Name history
Gaslite Ship Management has undergone 2 name changes throughout its history. The company was previously known as Galaxy Ship Management Private Limited, and Galaxy Securities Private Limited. The current legal name is Gaslite Ship Management Private Limited.
| Company Name | Status |
|---|---|
| Gaslite Ship Management Private Limited | Current |
| Galaxy Ship Management Private Limited | Previous |
| Galaxy Securities Private Limited | Previous |
CIN history
Gaslite Ship Management has one previous CIN (Corporate Identification Number): U65990MH1993PTC070434. The current CIN is U61100MH1993PTC070434, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61100MH1993PTC070434 | Current |
| U65990MH1993PTC070434 | Previous |
Contact details
Gaslite Ship Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is gaslite.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.3 1st Floor Elysium Mansion Opp. Electric House 7 Walton Road Col, Aba, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Gaslite Ship Management Private Limited, 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 Gaslite Ship Management is transportation and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport |
To see the full business activity and turnover split of Gaslite Ship Management Private Limited, buy the company report.
Financials of Gaslite Ship Management Private Limited
FY 2025 filings availableGaslite Ship Management Private Limited reported revenue of ₹1.52 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 131%. EBITDA fell 61% 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 | ₹26.32 Lakh | ||||
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| Net Profit (PAT) | ₹37,279 | ||||
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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 | 17.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Gaslite Ship Management Private Limited, buy the company report.
Board of directors of Gaslite Ship Management Private Limited
Gaslite Ship Management has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khurshed Meherwanji Thanawalla Also directs: Standard Industries Limited, Sanathan Textiles Limited, Sanathan Polycot Private Limited and 5 more | Managing Director | 22 Apr 2019 | 7 Years 6 Months | Current |
| Bhanubhai Ramjibhai Patel Also directs: Gaslite Advisory Private Limited, Gaslite Exim Trade Private Limited, Nysa Marine Services Private Limited and 5 more | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Gaslite Ship Management Private Limited is audited by N.A.Shah & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.A.Shah & Associates LLP | FY 2023 | 116560W |
Shareholding
The shareholding of Gaslite Ship Management Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gaslite Ship Management Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2023 | 100848581 | Others | ₹8 Cr | Open | |
| 27 Dec 2022 | 100665014 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 27 Dec 2022 | 100665017 | Hdfc Bank Limited | ₹60 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Gaslite Ship Management Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed against the company by individuals | Disposed |
To see the full case history of Gaslite Ship Management 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 Gaslite Ship Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gaslite Ship Management has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG2001L2ZZ | Maharashtra | Active | 03 Oct 2020 |
| 27AAACC2382C2Z2 | Maharashtra | Active | 25 Dec 2020 |
To see the full GST registrations and return filing status of Gaslite Ship Management Private Limited, buy the company report.
Recent activity
Gaslite Ship Management Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Khurshed Meherwanji Thanawalla ceased to be Director on 18 Jul 2022.
4 earlier events are in the company report.
Frequently asked questions
Gaslite Ship Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 January 1993 (33+ years old) and is registered under CIN U61100MH1993PTC070434.
Gaslite Ship Management has 2 current directors:
- Khurshed Meherwanji Thanawalla - Managing Director
- Bhanubhai Ramjibhai Patel - Director
The latest financial statements of Gaslite Ship Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gaslite Ship Management is 27AAACG2001L2ZZ, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACC2382C2Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Gaslite Ship Management is U61100MH1993PTC070434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaslite Ship Management has 1 court case on record: 1 filed against it.
Gaslite Ship Management was incorporated on 19 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Khurshed Meherwanji Thanawalla ceased to be Director on 18 Jul 2022. Bhanubhai Ramjibhai Patel ceased to be Additional Director on 29 Nov 2021. Bhanubhai Ramjibhai Patel was appointed as Director on 25 Feb 2021. Gaslite Ship Management has 10 board changes on record in total.
Gaslite Ship Management can be reached through the website gaslite.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gaslite Ship Management is at Unit No.3 1st Floor Elysium Mansion Opp. Electric House 7 Walton Road Col, Aba, Mumbai, Maharashtra, India – 400001.
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