About Master Marine Services Private Limited
Data last updated:
Master Marine Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 06 October 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63012MH1997PTC111106. Its GSTIN is 27AAACK8385P1ZP (Maharashtra). The company held 18 GST registrations, of which 17 are active.
The company had an authorised share capital of ₹12.36 Cr and a paid-up capital of ₹12.36 Cr. It was led by directors including Xerrxes Master (Managing Director) and Percy Meher Master (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2007, and its latest financial statements are for the year ended 31 March 2007. The registered office was at 22/D S A Brelvi Roadfort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2023, the company reported a revenue of ₹138.92 Cr, a growth of 10% compared to the previous year. For the same year it recorded EBITDA of ₹5.57 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company was associated with 2 brands: Master Marine Digitech3 and Master Group. Court records list 36 cases involving the company, including 20 filed by the company and 16 filed against it; 11 cases are pending.
The last known website on record is mastergroups.com.
Company details
Contact details
Master Marine Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address22/D S A Brelvi Roadfort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipping & Maritime 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
Brands
Master Marine Services operates two associated brands: Master Marine Digitech3 and Master Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive document management solutions for the maritime industry. | mmd3.in | |
| Master Group is engaged in maritime logistics and renewable energy solutions. | mastergroups.com |
Financials of Master Marine Services Private Limited
FY 2007 filings availableMaster Marine Services Private Limited reported revenue of ₹138.92 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 10% growth in the latest year. EBITDA fell 2% 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
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| EBITDA | ₹5.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 4% | ||||
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To see the full financial statements and ratios of Master Marine Services Private Limited, buy the company report.
Board of directors of Master Marine Services Private Limited
Master Marine Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xerrxes Master Also directs: Master Industries Private Limited, Master Marine Services Private Limited, Zoro Legacy Publication Private Limited and 4 more | Managing Director | 31 Mar 2006 | 20 Years 6 Months | As last reported |
| Arin Percy Master Also directs: Master Industries Private Limited, Master Marine Services Private Limited, Zoro Legacy Publication Private Limited and 2 more | Director | 31 Mar 2006 | 20 Years 6 Months | As last reported |
| Percy Meher Master Also directs: Xenia Hospitality Solutions LLP, World Zoroastrian Entrepreneurship Enterprise LLP, Master Industries Private Limited and 5 more | Managing Director | 31 Mar 2006 | 20 Years 6 Months | As last reported |
Peer comparison
Master Marine Services Private Limited is compared with the 10 companies closest to it by revenue in the Shipping industry (Marine Services, Shipping Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raj Shipping Agencies Limited | ₹143.16 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Gil Shipping Services Private Limited | ₹143.08 Cr (FY 2023) | 45.0% | Thane, Maharashtra, India | |||
| MBK Logistix Private Limited | ₹142.69 Cr (FY 2025) | -24.0% | Ernakulam, Kerala, India | |||
| Esquire Shipping and Trading Private Limited | ₹141.26 Cr (FY 2025) | 3.0% | Navimumbai-400614 Wef.26.02.05, Maharashtra, India | |||
| Meridian Global Shipping and Logistics Private Limited | ₹139.15 Cr (FY 2024) | -27.0% | Mumbai, Maharashtra, India | |||
| Master Marine Services Private Limitedthis company | ₹138.92 Cr (FY 2023) | 10.0% | Mumbai, Maharashtra, India | |||
| SSL Shipping Limited | ₹136.29 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| MGH Logistics Private Limited | ₹134.34 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Mol Logistics (India) Private Limited | ₹133.67 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Auxin Shipping Private Limited | ₹129.92 Cr (FY 2025) | 242.0% | Navi Mumbai, Maharashtra, India | |||
| Sattva Logistics Private Limited | ₹128.86 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Master Marine Services Private Limited, buy the company report.
Legal cases
Master Marine Services Private Limited has 36 court cases on record: 20 filed by Master Marine Services, 16 filed against it. 11 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 12 | 7 |
| High courts | 4 | 4 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Gujarat Pipavav Port Limited | Pending |
| Supreme Court | Court case (9999-Other) | Filed by the company against Metcalfe & Hodgkinson Pvt. Ltd. . | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
To see the full case history of Master Marine Services 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 Master Marine Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Marine Services has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK8385P1ZP | Maharashtra | Active | 01 Jul 2017 |
| 06AAACK8385P1ZT | Haryana | Active | 01 Jul 2017 |
| 07AAACK8385P1ZR | Delhi | Active | 01 Jul 2017 |
| 09AAACK8385P1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Master Marine Services Private Limited, buy the company report.
Recent activity
Master Marine Services Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Xerrxes Master ceased to be Director on 01 Jan 2008.
Frequently asked questions
Master Marine Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Master Marine Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in shipping and maritime services, within the transport and logistics industry. It was incorporated on 06 October 1997 and is registered under CIN U63012MH1997PTC111106. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Master Marine Services was incorporated on 06 October 1997. It is registered with the Registrar of Companies, Mumbai.
Master Marine Services had 3 directors:
- Xerrxes Master - Managing Director
- Percy Meher Master - Managing Director
- Arin Percy Master - Director
The CIN (Corporate Identification Number) of Master Marine Services is U63012MH1997PTC111106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Master Marine Services is at 22D S A Brelvi Roadfort, Mumbai, Maharashtra, India – 400001.
Master Marine Services can be reached through the website mastergroups.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Master Marine Services on record with the MCA are for the year ended 31 March 2007. Its last annual general meeting was held on 29 September 2007. Year-wise statements from 2015 are in the company report.
The GSTIN of Master Marine Services is 27AAACK8385P1ZP, registered in Maharashtra. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAACK8385P1ZT (Haryana), 07AAACK8385P1ZR (Delhi), 09AAACK8385P1ZN (Uttar Pradesh).
Master Marine Services operated in the transport and logistics industry, in the shipping and maritime services segment.
The peers of Master Marine Services by revenue are Raj Shipping Agencies Limited, Gil Shipping Services Private Limited, MBK Logistix Private Limited, Esquire Shipping and Trading Private Limited, Meridian Global Shipping and Logistics Private Limited and 5 more, all in the Shipping industry (Marine Services, Shipping Services).