Mahi Shipping Private Limited
About Mahi Shipping Private Limited
Data last updated:
Mahi Shipping Private Limited was a private limited company based in Jodhpur, Rajasthan, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the transportation and logistics segment of the transportation sector. It was incorporated on 24 October 2005.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U61100RJ2005PTC021513. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 259 Zsb Bjs Colony Jodhpur, Rajasthan, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.25 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹36,068 (net margin -16%) and EBITDA of -₹22,413 (EBITDA margin -10%).
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.
Company details
Contact details
Mahi Shipping Private Limited's registered office is in Jodhpur, Rajasthan.
- Registered Address259 Zsb Bjs Colony Jodhpur, Rajasthan, India
- IndustryTransportation, Transportation 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
Business activity
The main business activity of Mahi 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 Mahi Shipping Private Limited, buy the company report.
Financials of Mahi Shipping Private Limited
FY 2016 filings availableMahi Shipping Private Limited reported revenue of ₹2.25 Lakh (down 64% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 155% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹22,413 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹36,068 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -10% | |
| Net Profit Margin | -16% | |
| 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 | ||
To see the full financial statements and ratios of Mahi Shipping Private Limited, buy the company report.
Board of directors of Mahi Shipping Private Limited
Mahi Shipping has 2 former directors on record and no current directors listed.
Peer comparison
Mahi Shipping Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Manosanthi Ports and Logistics Private Limited | ₹2.3 Lakh (FY 2024) | 1511.0% | Tiruppur, Tamil Nadu, India | |||
| Transline Maritime Services Private Limited | ₹2.3 Lakh (FY 2025) | -82.0% | Ernakulam, Kerala, India | |||
| Canopus Logistics Solutions Private Limited | ₹2.3 Lakh (FY 2016) | -88.0% | Mumbai, Maharashtra, India | |||
| Mavia Logistics Private Limited | ₹2.28 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Dorbeetle Travels Private Limited | ₹2.27 Lakh (FY 2020) | 847.0% | Mysore, Karnataka, India | |||
| Mahi Shipping Private Limitedthis company | ₹2.25 Lakh (FY 2016) | -₹36,068 | -16% | -64.0% | Jodhpur, Rajasthan, India | |
| Perma Container Line (India) Private Limited | ₹2.24 Lakh (FY 2017) | Mumbai, Maharashtra, India | ||||
| Credible Express Private Limited | ₹2.24 Lakh (FY 2024) | 938.0% | Varanasi, Uttar Pradesh, India | |||
| Attentive Shipping and Logistics Private Limited | ₹2.23 Lakh (FY 2018) | Kochi, Kerala, India | ||||
| Utopia Freight Logistics Private Limited | ₹2.22 Lakh (FY 2021) | 52826.0% | New Delhi, Delhi, India | |||
| Royal Trans Ocean Shipping Private Limited | ₹2.21 Lakh (FY 2015) | -91.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Mahi Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2009 | 10191450 | Indian Overseas Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Mahi Shipping Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mahi Shipping Private Limited 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 Mahi Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahi Shipping has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mahi Shipping Private Limited, buy the company report.
Recent activity
Mahi Shipping Private Limited has 2 board changes on record since 2017: 0 appointments and 2 cessations. The latest: Palak Bhati ceased to be Director on 26 Jul 2017.
Frequently asked questions
Mahi Shipping has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Mahi Shipping was a private limited company based in Jodhpur, Rajasthan, India. The company worked in transportation services, within the transportation industry. It was incorporated on 24 October 2005 and is registered under CIN U61100RJ2005PTC021513. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Mahi Shipping is U61100RJ2005PTC021513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahi Shipping was incorporated on 24 October 2005. It is registered with the Registrar of Companies, Jaipur.
The registered office of Mahi Shipping is at 259 Zsb Bjs Colony Jodhpur, Rajasthan, India.
The latest financial statements of Mahi Shipping on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
No. Mahi Shipping has 1 GST registration on record and it is cancelled or inactive.
Mahi Shipping operated in the transportation industry, in the transportation services segment.
The peers of Mahi Shipping by revenue are Manosanthi Ports and Logistics Private Limited, Transline Maritime Services Private Limited, Canopus Logistics Solutions Private Limited, Mavia Logistics Private Limited, Dorbeetle Travels Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Palak Bhati ceased to be Director on 26 Jul 2017. Prithvi Singh Bhati ceased to be Director on 26 Jul 2017.
Mahi Shipping has no open charges and satisfied charges of ₹10 Lakh as per latest MCA filings.