MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-28-0011249
Marine Syndicate Private Limited - infrastructure and utilities in Ratnagiri, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹88.74 Lakh
▼ 33% YoY
Net profit · FY 2024
₹5.68 Lakh
Net margin 6.4%
EBITDA · FY 2024
₹12.48 Lakh
EBITDA margin 14.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.53 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹15 Lakh
Company age
25 yrs
Est. 2001
Employees · EPFO
15
Provident fund records
About Marine Syndicate Private Limited
Data last updated:
Marine Syndicate Private Limited is a private limited company based in Ratnagiri, Maharashtra, India. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 17 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U61100PN2001PTC015761. Its GSTIN is 27AADCM6746K1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.53 Lakh. It is led by directors Sanjyokti Sanjay Surve and Dilip Ramchandra Bhatkar.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 252 United Premises Bhatyeratnagiri, Maharashtra, India – 415612.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.74 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Lakh (net margin 6.4%) and EBITDA of ₹12.48 Lakh (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% 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: Marine Syndicate. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹15 Lakh on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 2 cases are pending.
Marine Syndicate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-28-0011249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marinesyndicate.com.
Company details
CIN U61100PN2001PTC015761
Registration Number 015761
Incorporation Date 17 January 2001
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-28-0011249
Recognitions & Rankings of Marine Syndicate
Contact details
Marine Syndicate Private Limited's registered office is in Ratnagiri, Maharashtra. Its website is marinesyndicate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address252 United Premises Bhatyeratnagiri, Maharashtra, India – 415612
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Marine Syndicate Private Limited, buy the company report.
Comprehensive company report
Marine Syndicate 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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Brands
Marine Syndicate operates one associated brand: Marine Syndicate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ship repair, cargo handling, and ship breaking services in Ratnagiri, India. | marinesyndicate.com |
Business activity
The main business activity of Marine Syndicate 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 Marine Syndicate Private Limited, buy the company report.
Financials of Marine Syndicate Private Limited
FY 2025 filings availableMarine Syndicate Private Limited reported revenue of ₹88.74 Lakh (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹88.74 Lakh ▼ 33%
Net profit · FY 2024
₹5.68 Lakh margin 6.4%
EBITDA · FY 2024
₹12.48 Lakh margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 19%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 17%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 33% fall in the latest year. EBITDA fell 44% 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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| Total Expenses | |||||
| EBITDA | ₹12.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.68 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 14.1% | ||||
| Net Profit Margin | 6.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Marine Syndicate Private Limited, buy the company report.
Board of directors of Marine Syndicate Private Limited
Marine Syndicate 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 |
|---|---|---|---|---|
| Sanjyokti Sanjay Surve | Director | 23 Jan 2001 | 25 Years 9 Months | Current |
| Dilip Ramchandra Bhatkar Also directs: Katale Shipyard Private Limited | Director | 17 Jan 2001 | 25 Years 9 Months | Current |
Auditor
Marine Syndicate Private Limited is audited by MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITTAL & ASSOCIATES | FY 2023 | 106456W |
Shareholding
The shareholding of Marine Syndicate Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marine Syndicate Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2012 | 10366452 | The Saraswat Co-Op Bank Ltd | ₹50 Lakh | Open | |
| 02 Jun 2004 | 80054973 | Syndicate Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Marine Syndicate Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Marine Syndicate Private Limited has 13 court cases on record: 7 filed by Marine Syndicate, 6 filed against it. 2 cases are pending and 11 are disposed.
Total cases
13
Filed by the company
7
Filed against the company
6
Pending
2
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 1 |
| High courts | 5 | 3 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ratnagiri, Maharashtra | Court case (Reg Dkst) | Filed by the company against Ms. Ashapura Minechem Ltd. Thr.Director | Disposed |
| District court, Ratnagiri, Maharashtra | Civil suit | Filed by the company against Ms. Ashapura Minechem Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Ashapura Minechem Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Ashapura Minechem Limited | Disposed |
| District court, Ratnagiri, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Chandrakant N. Mane Prop. Sabari Engineering Company Etc.2 | Pending |
To see the full case history of Marine Syndicate 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 Marine Syndicate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marine Syndicate Private Limited has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-6.25%
GST
Marine Syndicate has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM6746K1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marine Syndicate Private Limited, buy the company report.
Recent activity
Marine Syndicate Private Limited has 8 board changes on record since 2001: 5 appointments and 3 cessations. The latest: Hashmat Husain Mullaji ceased to be Director on 15 Jun 2017.
AGM
Marine Syndicate Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Marine Syndicate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Hashmat Husain Mullaji ceased to be Director.
Ceased
Naresh Vithoba Vilankar ceased to be Director.
Ceased
Sandesh Sudhakar Nagvekar ceased to be Director.
Charges
A charge registered on 02 Jun 2004 via Charge ID 80054973 with Syndicate Bank was fully satisfied on 17 Jul 2012.
Charges
A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 50.00 Lakh with Charge ID 10366452 was registered on 27 Jun 2012.
Charges
A charge with Syndicate Bank amounted to Rs. 15.00 Lakh with Charge ID 80054973 was registered on 02 Jun 2004.
Appointed
Hashmat Husain Mullaji was appointed as Director.
Appointed
Sanjyokti Sanjay Surve was appointed as Director.
Appointed
Dilip Ramchandra Bhatkar was appointed as Director.
Appointed
Naresh Vithoba Vilankar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Marine Syndicate is an active private limited company based in Ratnagiri, Maharashtra, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 17 January 2001 (25+ years old) and is registered under CIN U61100PN2001PTC015761.
Marine Syndicate has 2 current directors:
- Sanjyokti Sanjay Surve - Director
- Dilip Ramchandra Bhatkar - Director
The latest financial statements of Marine Syndicate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marine Syndicate is 27AADCM6746K1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Marine Syndicate is U61100PN2001PTC015761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marine Syndicate has 13 court cases on record: 7 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Marine Syndicate was incorporated on 17 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Pune.
Hashmat Husain Mullaji ceased to be Director on 15 Jun 2017. Naresh Vithoba Vilankar ceased to be Director on 15 Jun 2017. Sandesh Sudhakar Nagvekar ceased to be Director on 15 Jun 2017. Marine Syndicate has 8 board changes on record in total.
Yes, Marine Syndicate is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-28-0011249).
Marine Syndicate can be reached through the website marinesyndicate.com. Its registered office is in Ratnagiri, Maharashtra, India.
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