Mandovi Shipyard Private Limited
About Mandovi Shipyard Private Limited
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Mandovi Shipyard Private Limited is a private limited company based in Goa, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 19 March 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U35111GA1969PTC000088. Its GSTIN is 30AABCM9710F1ZX (Goa).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.8 Lakh. It is led by directors including Punda Shankar Kerkar and Varun Vishwas Vainganker.
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 Visa Plasa 6th Floor Near Hari Mandir Margao, Goa, India – 403601.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.1 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹19.63 Lakh (net margin 42.6%) and EBITDA of ₹33.34 Lakh (EBITDA margin 72.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹22,000 on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mandovi Shipyard Private Limited's registered office is in Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVisa Plasa 6th Floor Near Hari Mandir Margao, Goa, India – 403601
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Mandovi Shipyard 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 Mandovi Shipyard is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Mandovi Shipyard Private Limited, buy the company report.
Financials of Mandovi Shipyard Private Limited
FY 2025 filings availableMandovi Shipyard Private Limited reported revenue of ₹46.1 Lakh (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 66% growth in the latest year. EBITDA rose 204% 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 | ₹33.34 Lakh | ||||
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| Net Profit (PAT) | ₹19.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 72.3% | ||||
| Net Profit Margin | 42.6% | ||||
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To see the full financial statements and ratios of Mandovi Shipyard Private Limited, buy the company report.
Board of directors of Mandovi Shipyard Private Limited
Mandovi Shipyard has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punda Shankar Kerkar Also directs: Timblo Private Limited, Timblo Minerals Private Limited, Timblo Industries Private Limited. and 3 more | Director | 31 Aug 1995 | 31 Years 1 Months | Current |
| Varun Vishwas Vainganker Also directs: Timblo Private Limited, Timblo Minerals Private Limited, Timblo Industries Private Limited. and 2 more | Director | 20 May 2021 | 5 Years 5 Months | Current |
| Radha Satish Timblo Also directs: Timblo Private Limited, Timblo Minerals Private Limited, Timblo Industries Private Limited. and 2 more | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Sanjay Taumaturago Fc Alberto Also directs: Timblo Private Limited, Timblo Minerals Private Limited, Timblo Industries Private Limited. and 2 more | Director | 20 May 2021 | 5 Years 5 Months | Current |
Auditor
Mandovi Shipyard Private Limited is audited by CNK & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & ASSOCIATES LLP | FY 2017 | 101961W |
Shareholding
The shareholding of Mandovi Shipyard Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mandovi Shipyard Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 1970 | 90076586 | Canara Bank | ₹22,000 | Open |
Total charge records: 1 View all charges
Legal cases
Mandovi Shipyard Private Limited has 9 court cases on record: 4 filed by Mandovi Shipyard, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Central Bank of India | Disposed |
| High Court | Civil suit | Filed against the company by Goa Oxygen Private Limited | Disposed |
| District court, South Goa, Goa | Court case (CRA..) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (ITR) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (AUE) | Filed against the company by an individual | Disposed |
To see the full case history of Mandovi Shipyard 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 Mandovi Shipyard Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mandovi Shipyard has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCM9710F1ZX | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mandovi Shipyard Private Limited, buy the company report.
Recent activity
Mandovi Shipyard Private Limited has 7 board changes on record since 1995: 4 appointments and 3 cessations. The latest: Sanjay Taumaturago Fc Alberto ceased to be Additional Director on 27 Sep 2022.
Frequently asked questions
Mandovi Shipyard is an active private limited company based in Goa, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 19 March 1969 (57+ years old) and is registered under CIN U35111GA1969PTC000088.
Mandovi Shipyard has 4 current directors:
- Punda Shankar Kerkar - Director
- Varun Vishwas Vainganker - Director
- Radha Satish Timblo - Director
- Sanjay Taumaturago Fc Alberto - Director
The latest financial statements of Mandovi Shipyard 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 Mandovi Shipyard is 30AABCM9710F1ZX, registered in Goa.
The CIN (Corporate Identification Number) of Mandovi Shipyard is U35111GA1969PTC000088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandovi Shipyard has 9 court cases on record: 4 filed by the company and 5 filed against it. Most are in the high courts.
Mandovi Shipyard was incorporated on 19 March 1969, making it 57+ years old. It is registered with the Registrar of Companies, Goa.
Sanjay Taumaturago Fc Alberto ceased to be Additional Director on 27 Sep 2022. Varun Vishwas Vainganker ceased to be Additional Director on 27 Sep 2022. Gopal Vasudev Kamat ceased to be Director on 20 May 2021. Mandovi Shipyard has 7 board changes on record in total.
The registered office of Mandovi Shipyard is at Visa Plasa 6th Floor Near Hari Mandir Margao, Goa, India – 403601.
Mandovi Shipyard operates in the transport and logistics industry, in the cold storage and warehousing services segment.