About Icf Shipping Private Limited
Data last updated:
Icf Shipping Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH1997PTC106603. Its GSTIN is 27AAACI6586N1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25.91 Lakh. It is led by directors including Dasharath Yashwant Patade and Bhavana Dasharath Patade.
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 Icf House Shivmangal Co – Op. Sty. Veer Savarkar Nagar Sant Shitole Baba Marg Sakinaka, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.03 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.71 Lakh (net margin 0.5%) and EBITDA of ₹44.06 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ICF Shipping Pvt Ltd. As per MCA filings, the company has open charges of ₹3.3 Cr and satisfied charges of ₹1.24 Cr on record. Court records list 27 cases involving the company, including 27 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icfshipping.net.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIcf House Shivmangal Co – Op. Sty. Veer Savarkar Nagar Sant Shitole Baba Marg Sakinaka, Mumbai, Maharashtra, India – 400072
- IndustryTransport and Logistics, Integrated & Diversified Logistics 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 Icf Shipping Private Limited
The main business activity of Icf 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 Icf Shipping Private Limited FY 2025 filings available
Icf Shipping Private Limited reported revenue of ₹17.03 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icf Shipping Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 17% fall in the latest year. EBITDA fell 5% 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 Icf Shipping Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹44.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.71 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 Icf Shipping Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Icf Shipping are in the company report.
Financial statements from 2015
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.
Peer Comparison of Icf Shipping Private Limited
Icf Shipping Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kandarp Tradelinks and Services (Delhi) Private Limited | ₹17.11 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Jaipur, Rajasthan, India |
| Gae Cargo Movers Private Limited | ₹17.1 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Delhi, India |
| Bara Africa Onshore Services Private Limited | ₹17.07 Cr (FY 2021) | •••• | •••• | 242706.0% | •••• | Mumbai, Maharashtra, India |
| Tejas Open Haul Freight Logistics Private Limited | ₹17.07 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Tadepalligudem, Andhra Pradesh, India |
| Syntrans F2f Logistics Private Limited | ₹17.05 Cr (FY 2024) | •••• | •••• | 2875.0% | •••• | Mumbai, Maharashtra, India |
| Icf Shipping Private Limited this company | ₹17.03 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Barsan Global Logistics Private Limited | ₹17.02 Cr (FY 2025) | •••• | •••• | 107.0% | •••• | Mumbai, Maharashtra, India |
| Parijat Logistics Private Limited | ₹17.01 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Purvoday Global Trade Private Limited | ₹16.99 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Will Marine Container Service Private Limited | ₹16.96 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Onnsynex Ventures Private Limited | ₹16.94 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Icf Shipping by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Icf Shipping Private Limited
Icf Shipping Private Limited is audited by KISHORE MEHTA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KISHORE MEHTA AND ASSOCIATES | 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.
Board of Directors of Icf Shipping Private Limited
Icf Shipping 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 |
|---|---|---|---|---|
| Dasharath Yashwant Patade | Director | 14 Mar 1997 | 29 Years 6 Months | Current |
| Bhavana Dasharath Patade | Director | 14 Mar 1997 | 29 Years 6 Months | Current |
| Punit Dasharath Patade | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Icf 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 Icf Shipping Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | Axis Bank Limited | ₹20 Lakh | Open |
| 04 Jan 2024 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 28 Aug 2023 | Hdfc Bank Limited | ₹20.01 Lakh | Open |
| 18 May 2022 | Axis Bank Limited | ₹2.1 Cr | Open |
| 12 Nov 2011 | Hdfc Bank Limited | ₹20 Lakh | Open |
Total charge records: 11 View all charges
Legal Cases of Icf Shipping Private Limited
Icf Shipping Private Limited has 27 court cases on record: 27 filed by Icf Shipping. 2 cases are pending and 25 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 1 |
| High courts | 13 | 0 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Ashima Fashions Private Limited. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Vie-Cots (India) Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CHOCL) | Filed by the company against Digvijay Exports | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Icf Shipping Private Limited
Icf Shipping Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 116 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pota Global Logistics (India) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Global Logistics Solutions India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Icf Shipping Private Limited
Icf Shipping operates one associated brand: ICF Shipping Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics and shipping services based in Mumbai. | icfshipping.net |
Employees and EPFO Compliance at Icf Shipping Private Limited
Icf Shipping Private Limited has a workforce of 15 employees as of Apr 09, 2024.
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 Icf Shipping Private Limited
Icf Shipping Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Punit Dasharath Patade ceased to be Additional Director on 30 Sep 2019.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Icf 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.
Subsidiaries & Group Companies of Icf 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 Icf Shipping Private Limited
Icf Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI6586N1ZW | Maharashtra | 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 Icf 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 Icf Shipping Private Limited
Icf Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 14 March 1997 (29+ years old) and is registered under CIN U61100MH1997PTC106603.
Icf Shipping reported revenue of ₹17.03 Cr for FY 2025 (down 17% YoY).
Icf Shipping has 3 current directors:
- Dasharath Yashwant Patade - Director
- Bhavana Dasharath Patade - Director
- Punit Dasharath Patade - Director
Icf Shipping reported a net profit of ₹8.71 Lakh (net margin 0.5%) and EBITDA of ₹44.06 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icf Shipping is -16% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icf Shipping is 27AAACI6586N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icf Shipping is U61100MH1997PTC106603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icf Shipping has 27 court cases on record: 27 filed by the company. 2 are pending. Most are in the district courts.
Icf Shipping was incorporated on 14 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icf Shipping by revenue are Kandarp Tradelinks and Services (Delhi) Private Limited, Gae Cargo Movers Private Limited, Bara Africa Onshore Services Private Limited, Tejas Open Haul Freight Logistics Private Limited, Syntrans F2f Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Punit Dasharath Patade ceased to be Additional Director on 30 Sep 2019. Harish Shirodkar Jagannath ceased to be Director on 01 Apr 2019. Madhuri Harish Shirodkar ceased to be Director on 01 Apr 2019. Icf Shipping has 6 board changes on record in total.
Icf Shipping has 7 MSME Form 1 returns on record between 2019 and 2022, listing 116 overdue payments to 21 micro and small suppliers. The latest return was filed on 28 Jul 2022.