About Mol Shipping (India) Private Limited
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Mol Shipping (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mitsui Osk Lines Limited Japan. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the cargo services segment of the transport and logistics sector. It was incorporated on 20 November 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH2008PTC416766. Its GSTIN is 27AAFCM8184R1ZH (Maharashtra). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.86 Cr. It was formerly known as Mol Bulk Shipping (India) Private Limited. It was led by directors including Kensuke Ito (Managing Director) and Kazuhiro Iwata (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.78 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Cr (net margin 2.5%) and EBITDA of ₹4.54 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 3% over five years.
The company had about 71 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Mitsui OSK Lines. As per MCA filings, the company had open charges of ₹1 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 2 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹4 Cr; the latest was in March 2012.
The last known website on record is mol.co.jp.
Company details
Name history
Mol Shipping (India) has undergone 3 name changes throughout its history. The company was previously known as Mol Bulk Shipping (India) Private Limited, Mol Shipping (India) Private Limited, and Mol Auto Logistics (India) Private Limited. The current legal name is Mol Shipping (India) Private Limited.
| Company Name | Status |
|---|---|
| Mol Shipping (India) Private Limited | Current |
| Mol Bulk Shipping (India) Private Limited | Previous |
| Mol Auto Logistics (India) Private Limited | Previous |
CIN history
Mol Shipping (India) has one previous CIN (Corporate Identification Number): U29130TN2008PTC069900. The current CIN is U29130MH2008PTC416766, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130MH2008PTC416766 | Current |
| U29130TN2008PTC069900 | Previous |
Contact details
Mol Shipping (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is mol.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 53 A 5th Floor Kalpataru Square, Off. Andheri Kurla Road Kondivita Lane, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Cargo Services, Integrated & Diversified Logistics Services
To see the full contact details of Mol Shipping (India) 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
Brands
Mol Shipping (India) operates one associated brand: Mitsui OSK Lines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure investments are directed across transportation and logistics sectors. | mol.co.jp |
Business activity
The main business activity of Mol Shipping (India) 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 Mol Shipping (India) Private Limited, buy the company report.
Financials of Mol Shipping (India) Private Limited
FY 2024 filings availableMol Shipping (India) Private Limited reported revenue of ₹48.78 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 20% growth in the latest year. EBITDA rose 324% 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 | ₹4.54 Cr | ||||
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| Net Profit (PAT) | ₹1.23 Cr | ||||
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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 | 9.3% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mol Shipping (India) Private Limited, buy the company report.
Board of directors of Mol Shipping (India) Private Limited
Mol Shipping (India) has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kensuke Ito Also directs: Swan LNG Private Limited | Managing Director | 10 Apr 2023 | 3 Years 6 Months | As last reported |
| Jayaraman Anand | Director | 15 Jul 2013 | 13 Years 3 Months | As last reported |
| Kazuhiro Iwata | Whole-Time Director | 26 May 2023 | 3 Years 5 Months | As last reported |
Auditor
Mol Shipping (India) Private Limited is audited by S. RAVI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. RAVI & ASSOCIATES | FY 2023 | 0009261S |
Shareholding
The shareholding of Mol Shipping (India) 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 Mol Shipping (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2018 | 100158077 | Standard Chartered Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Mol Shipping (India) Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹4 Cr; the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Mitsui O.S.K Bulk Shipping (Asia Oceania) Private Limited Seller: 2 individuals |
| Sep 2011 | Funding round | ₹4 Cr | Investors: Mitsui O .S . K .Lines (India) Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2009 | Acquisition | ₹7.99 Cr | Buyer: Mitsui O .S . K .Lines (India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mol Shipping (India) Private Limited has 14 court cases on record: 14 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed against the company by Dunlop India Ltd | Disposed |
| District court, Cuddalore, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Viluppuram, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Cuddalore, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Mol Shipping (India) 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 Mol Shipping (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mol Shipping (India) Private Limited has a workforce of 71 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Mol Shipping (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM8184R1ZH | Maharashtra | Active | 01 Jul 2017 |
| 33AAFCM8184R1ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 24AAFCM8184R1ZN | Gujarat | Active | 05 Jul 2017 |
To see the full GST registrations and return filing status of Mol Shipping (India) Private Limited, buy the company report.
Recent activity
Mol Shipping (India) Private Limited has 41 board changes on record since 2008: 22 appointments and 19 cessations. The latest: Kazuhiro Iwata was appointed as Whole-Time Director on 26 May 2023.
33 earlier events are in the company report.
News
Frequently asked questions
Mol Shipping (India) 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.
Mol Shipping (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in cargo services, within the transport and logistics industry. It was incorporated on 20 November 2008 and is registered under CIN U29130MH2008PTC416766. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mol Shipping (India) was incorporated on 20 November 2008. It is registered with the Registrar of Companies, Mumbai.
Mol Shipping (India) had 3 directors:
- Kensuke Ito - Managing Director
- Kazuhiro Iwata - Whole-Time Director
- Jayaraman Anand - Director
The CIN (Corporate Identification Number) of Mol Shipping (India) is U29130MH2008PTC416766. 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 Mol Shipping (India) is at Unit No. 53 A 5th Floor Kalpataru Square, Off. Andheri Kurla Road Kondivita Lane, Mumbai, Maharashtra, India – 400059.
Mol Shipping (India) can be reached through the website mol.co.jp. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Mol Shipping (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mol Shipping (India) is 27AAFCM8184R1ZH, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAFCM8184R1ZO (Tamil Nadu), 24AAFCM8184R1ZN (Gujarat).
Mol Shipping (India) operated in the transport and logistics industry, in the cargo services segment.
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