MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0030165
Glory Shipmanagement Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.08 Cr
▲ 29% YoY
Net profit · FY 2025
₹11.79 Cr
Net margin 19.6%
EBITDA · FY 2025
₹22.37 Cr
EBITDA margin 37.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹48.83 Cr
Satisfied ₹85.49 Cr
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Glory Shipmanagement Private Limited
Data last updated:
Glory Shipmanagement Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 13 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2004PTC149956. Its GSTIN is 27AACCG2684H1ZI (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rajesh Kumar Shahi and Shilpi Rajesh Shahi.
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 Office No. 504 Abhay Steel House Baroda Street Masjid Bunder (East), Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.08 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹11.79 Cr (net margin 19.6%) and EBITDA of ₹22.37 Cr (EBITDA margin 37.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹48.83 Cr and satisfied charges of ₹85.49 Cr on record. Court records list 75 cases involving the company, including 9 filed by the company and 66 filed against it; 8 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2011.
Glory Shipmanagement Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0030165). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gloryship.org.
Company details
CIN U63032MH2004PTC149956
Registration Number 149956
Incorporation Date 13 December 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0030165
Recognitions & Rankings of Glory Shipmanagement
Contact details
Glory Shipmanagement Private Limited's registered office is in Mumbai, Maharashtra. Its website is gloryship.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 504 Abhay Steel House Baroda Street Masjid Bunder (East), Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Glory Shipmanagement Private Limited, buy the company report.
Comprehensive company report
Glory Shipmanagement Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Glory Shipmanagement 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 Glory Shipmanagement Private Limited, buy the company report.
Financials of Glory Shipmanagement Private Limited
FY 2025 filings availableGlory Shipmanagement Private Limited reported revenue of ₹60.08 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹60.08 Cr ▲ 29%
Net profit · FY 2025
₹11.79 Cr margin 19.6%
EBITDA · FY 2025
₹22.37 Cr margin 37.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 21%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 29% growth in the latest year. EBITDA rose 64% 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 | ₹22.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.79 Cr | ||||
| Balance Sheet | |||||
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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 | 37.2% | ||||
| Net Profit Margin | 19.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Glory Shipmanagement Private Limited, buy the company report.
Board of directors of Glory Shipmanagement Private Limited
Glory Shipmanagement has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Shahi Also directs: Glory Energy Private Limited | Director | 13 Dec 2004 | 21 Years 11 Months | Current |
| Shilpi Rajesh Shahi Also directs: Glory Energy Private Limited | Director | 08 Mar 2012 | 14 Years 8 Months | Current |
Auditor
Glory Shipmanagement Private Limited is audited by THANAWALA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THANAWALA & CO | FY 2023 | 110948W |
Shareholding
The shareholding of Glory Shipmanagement Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glory Shipmanagement Private Limited, buy the company report.
Charges & borrowings
Open charges
₹48.83 Cr
Satisfied charges
₹85.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2025 | 101140568 | Others | ₹10.71 Cr | Open | |
| 18 Mar 2025 | 101088947 | Others | ₹1.75 Cr | Open | |
| 15 Jan 2025 | 101035350 | Axis Bank Limited | ₹35.8 Lakh | Open | |
| 22 Apr 2022 | 100572874 | Axis Bank Limited | ₹31.76 Cr | Open | |
| 24 Jun 2021 | 100464583 | Hdfc Bank Limited | ₹5.67 Lakh | Open |
To see the full charge records of Glory Shipmanagement Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Glory Shipmanagement Private Limited has 1 deal on record (1 acquisition); the latest was in March 2011.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Acquisition | Undisclosed | Buyer: Gol Offshore Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Glory Shipmanagement Private Limited has 75 court cases on record: 9 filed by Glory Shipmanagement, 66 filed against it. 8 cases are pending and 67 are disposed.
Total cases
75
Filed by the company
9
Filed against the company
66
Pending
8
Disposed
67
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 59 | 5 |
| High courts | 15 | 7 | 3 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Westfield Energy India Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Westfield Energy India Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against Westfield Energy India Pvt Ltd and 3 others | Pending |
| Bombay High Court | Court case (COMAS) | Filed by the company against Vindhyawashini Marine Services Pvt Ltd and 1 other | Pending |
| Bombay High Court | Court case (JO) | Filed by the company against Vindhyawashini Marine Services Pvt Ltd and 1 other | Disposed |
To see the full case history of Glory Shipmanagement 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.
Credit ratings & regulatory alerts
Glory Shipmanagement Private Limited was last rated by Care on 30 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Mar 2022 |
To see the full credit ratings and regulatory alerts of Glory Shipmanagement Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glory Shipmanagement Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glory Shipmanagement has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG2684H1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glory Shipmanagement Private Limited, buy the company report.
Recent activity
Glory Shipmanagement Private Limited has 8 board changes on record since 2004: 5 appointments and 3 cessations. The latest: Prince Kumar ceased to be Director on 27 Feb 2024.
Charges
A charge with Axis Bank Limited of Rs. 31.76 Cr registered on 22 Apr 2022 with Charge ID 100572874 was modified on 31 Oct 2025.
AGM
Glory Shipmanagement Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.71 Cr with Charge ID 101140568 was registered on 30 Jul 2025.
Charges
A charge with Others of Rs. 1.75 Cr registered on 18 Mar 2025 with Charge ID 101088947 was modified on 30 Jul 2025.
Filing
Glory Shipmanagement Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 1.75 Cr with Charge ID 101088947 was registered on 18 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101035350 was registered on 15 Jan 2025.
Ceased
Prince Kumar ceased to be Director.
Charges
A charge registered on 29 Aug 2020 via Charge ID 100366477 with Others was fully satisfied on 18 Oct 2022.
Charges
A charge registered on 20 Dec 2019 via Charge ID 100316563 with Others was fully satisfied on 16 Sep 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.76 Cr with Charge ID 100572874 was registered on 22 Apr 2022.
Appointed
Prince Kumar was appointed as Director.
45 earlier events are in the company report.
Frequently asked questions
Glory Shipmanagement is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 13 December 2004 (22+ years old) and is registered under CIN U63032MH2004PTC149956.
Glory Shipmanagement has 2 current directors:
- Rajesh Kumar Shahi - Director
- Shilpi Rajesh Shahi - Director
The latest financial statements of Glory Shipmanagement on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Glory Shipmanagement is 27AACCG2684H1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glory Shipmanagement is U63032MH2004PTC149956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glory Shipmanagement has 75 court cases on record: 9 filed by the company and 66 filed against it. 8 are pending. Most are in the district courts.
Glory Shipmanagement was incorporated on 13 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Glory Shipmanagement has 1 deal on record (1 acquisition); the latest was in March 2011.
Prince Kumar ceased to be Director on 27 Feb 2024. Prince Kumar was appointed as Director on 11 Oct 2021. Arvind Kumar ceased to be Director on 23 Oct 2018. Glory Shipmanagement has 8 board changes on record in total.
Yes, Glory Shipmanagement is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0030165).
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