- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0019319

About Macoline Shipping Private Limited
Data last updated:
Macoline Shipping Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 14 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB1999PTC090480. Its GSTIN is 19AACCM5738Q1ZP (West Bengal). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.3 Lakh. It is led by directors including Thiyagarajan Ravichandran and Subrota Sircar.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.92 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹33.12 Lakh (net margin -2.2%) and EBITDA of -₹26.29 Lakh (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Macoline. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Macoline Shipping Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0019319). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website macoline.in.
Company details
Recognitions & Rankings of Macoline Shipping
Contact details
Macoline Shipping Private Limited's registered office is in Kolkata, West Bengal. Its website is macoline.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKarnani Estate 209 A J C Bose Road, 3rd Floor Suite No. 124, Kolkata, West Bengal, India – 700017
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Macoline Shipping 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
Brands
Macoline Shipping operates one associated brand: MACOLINE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers freight forwarding, shipping, and logistics services across India. | macoline.in |
Business activity
The main business activity of Macoline Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Macoline Shipping Private Limited, buy the company report.
Financials of Macoline Shipping Private Limited
FY 2025 filings availableMacoline Shipping Private Limited reported revenue of ₹14.92 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 301% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹26.29 Lakh | ||||
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| Net Profit (PAT) | -₹33.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -2.2% | ||||
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To see the full financial statements and ratios of Macoline Shipping Private Limited, buy the company report.
Board of directors of Macoline Shipping Private Limited
Macoline Shipping has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thiyagarajan Ravichandran | Director | 21 Dec 2006 | 19 Years 10 Months | Current |
| Subrota Sircar Also directs: Door2global Private Limited | Director | 14 Oct 1999 | 27 Years 0 Months | Current |
| Rajesh Madhavan | Director | 21 Dec 2006 | 19 Years 10 Months | Current |
| Sumit Sircar | Director | 14 Oct 1999 | 27 Years 0 Months | Current |
Peer comparison
Macoline Shipping Private Limited is compared with the 3 companies closest to it by revenue in the Shipping industry (Ship Broking and Shipping Agency), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RB British Marine India Private Limited | ₹15.51 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Macoline Shipping Private Limitedthis company | ₹14.92 Cr (FY 2024) | -₹33.12 Lakh | -2.2% | -31.0% | 21 | Kolkata, West Bengal, India |
| Machado and Sons Agents and Stevedores Private Limited | ₹14.56 Cr (FY 2024) | -3.0% | Vasco Da Gama, Goa, India | |||
| Eveready Shipping Private Limited | ₹13.93 Cr (FY 2025) | 662.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Macoline Shipping Private Limited, buy the company report.
Auditor
Macoline Shipping Private Limited is audited by GUPTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA & CO | FY 2021 | 301028E |
Shareholding
The shareholding of Macoline Shipping Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Macoline Shipping Private Limited, buy the company report.
Legal cases
Macoline Shipping Private Limited has 1 court case on record: 1 filed by Macoline Shipping. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Macoline Shipping 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 Macoline Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Macoline Shipping Private Limited has a workforce of 21 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Macoline Shipping has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM5738Q1ZP | West Bengal | Active | 01 Jul 2017 |
| 07AACCM5738Q1ZU | Delhi | Active | 01 Jul 2017 |
| 27AACCM5738Q1ZS | Maharashtra | Active | 01 Jul 2017 |
| 33AACCM5738Q1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Macoline Shipping Private Limited, buy the company report.
Recent activity
Macoline Shipping Private Limited has 4 board changes on record since 1999: 4 appointments. The latest: Rajesh Madhavan was appointed as Director on 21 Dec 2006.
Frequently asked questions
Macoline Shipping is an active private limited company based in Kolkata, West Bengal, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 14 October 1999 (27+ years old) and is registered under CIN U63090WB1999PTC090480.
Macoline Shipping has 4 current directors:
- Thiyagarajan Ravichandran - Director
- Subrota Sircar - Director
- Rajesh Madhavan - Director
- Sumit Sircar - Director
The latest financial statements of Macoline Shipping 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 Macoline Shipping is 19AACCM5738Q1ZP, registered in West Bengal. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AACCM5738Q1ZU (Delhi), 27AACCM5738Q1ZS (Maharashtra), 33AACCM5738Q1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Macoline Shipping is U63090WB1999PTC090480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Macoline Shipping has 1 court case on record: 1 filed by the company. 1 is pending.
Macoline Shipping was incorporated on 14 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Macoline Shipping by revenue are RB British Marine India Private Limited, Machado and Sons Agents and Stevedores Private Limited, Eveready Shipping Private Limited, all in the Shipping industry (Ship Broking and Shipping Agency), with the same principal business activity (services incidental to land, water & air transportation).
Rajesh Madhavan was appointed as Director on 21 Dec 2006. Thiyagarajan Ravichandran was appointed as Director on 21 Dec 2006. Subrota Sircar was appointed as Director on 14 Oct 1999. Macoline Shipping has 4 board changes on record in total.
Yes, Macoline Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0019319).
Macoline Shipping can be reached through the website macoline.in. Its registered office is in Kolkata, West Bengal, India.