Mermaid Shipping Limited - Company Profile

It is a transport and logistics public limited company based in Thane, Maharashtra, India, established in 1997.
1997 Thane, Maharashtra, India Active
Last Updated:
Access Report
About Mermaid Shipping Limited

Mermaid Shipping Limited, a active public limited company, was established on 09 May 1997 in Thane, Maharashtra, India. Engaging in shipbroking & shipping agency services within the transport and logistics sector, it holds CIN: U35110MH1997PLC107920. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Vivek Kumar Sharma (Managing Director), Ramesh Kumar Sharma (Director), Vikas Kumar (Director). Past directors included Lata Ramesh Sharma. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 4A Sai Dham Plot 11Bsector 10 Vashi Navi Mumbai, Thane, Maharashtra, 400705.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35110MH1997PLC107920

  • Registration Number

    107920

  • Incorporation Date

    09 May 1997

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -84.76%
  • Profit Growth **** 14.77%
  • Ebitda **** -89.70%
  • Net Worth 0.04%
  • Total Assets -0.93%
Company report

Mermaid Shipping Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mermaid Shipping Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Mermaid Shipping Limited?
Current Directors
Name Designation Appointment Date Status
Vivek Kumar Sharma Managing Director 25 Jan 2001 Current
Ramesh Kumar Sharma Director 15 May 1997 Current
Vikas Kumar Director 15 May 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Oct 2019 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mermaid Shipping.

Mermaid Shipping Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 84.76% decrease. The company also saw a substantial improvement in profitability, with a 14.77% increase in profit. The company's net worth moved up by a moderate rise of 0.04%.

Mermaid Shipping revenue growth over time
Mermaid Shipping profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -84.76%
*******
*******
*******
*******
Revenue from Operations
*******
 -84.76%
*******
*******
*******
*******
Total Assets
*******
 -0.93%
*******
*******
*******
*******
Profit or Loss
*******
 14.77%
*******
*******
*******
*******
Net Worth
*******
 0.04%
*******
*******
*******
*******
EBITDA
*******
 -89.70%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Mermaid Shipping?

In 2019, Mermaid Shipping had a promoter holding of 78.40% and a public holding of 21.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Mermaid Shipping?

Unlock and access historical data on people associated with Mermaid Shipping, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mermaid Shipping, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mermaid Shipping's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Mermaid Shipping
Recent Activity within the Organization
  • Annual General Meeting

    Mermaid Shipping Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Mermaid Shipping Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Vikas Kumar was appointed as a Director was appointed as a Director on 15 May 2006 & has been associated with this company since 19 years 9 months . was completed.

  • Director Appointment

    Vivek Kumar Sharma was appointed as a Managing Director was appointed as a Managing Director on 25 Jan 2001 & has been associated with this company since 25 years 1 month . was recorded as a recent event.

  • Director Appointment

    Progress on Ramesh Kumar Sharma was appointed as a Director was appointed as a Director on 15 May 1997 & has been associated with this company since 28 years 9 months . was documented.

  • Company Incorporation

    Mermaid Shipping Limited was registered on 09 May 1997 with Roc Mumbai & aged 28 years 10 months as per MCA records. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Mermaid Shipping Limited?

The CIN of Mermaid Shipping Limited is U35110MH1997PLC107920.

Where is Mermaid Shipping Limited headquartered?

Mermaid Shipping Limited is headquartered at 4A Sai Dham Plot 11Bsector 10 Vashi Navi Mumbai, Thane, Maharashtra, 400705.

When was Mermaid Shipping Limited incorporated?

Mermaid Shipping Limited was incorporated on 09 May 1997.

Who are the current directors of Mermaid Shipping Limited?

The current directors of Mermaid Shipping Limited are

What is the primary industry of Mermaid Shipping Limited?

The primary industry of Mermaid Shipping Limited is Transport And Logistics.

Is Mermaid Shipping Limited a listed company?

Mermaid Shipping Limited is unlisted.

What is the capital structure of Mermaid Shipping Limited?

The authorized capital of Mermaid Shipping Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Mermaid Shipping Limited?

The compliance status of Mermaid Shipping Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available