About Indev Shipping Services Private Limited
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Indev Shipping Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 07 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN1993PTC025024. Its GSTIN is 33AAACI1550N2ZO (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.03 Lakh. It is led by directors Xavier Britto Swamikannu and Vimalarani Britto.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 41 Thambu Chetty Streetchennai 1. Chennai 1., Tamil Nadu, India – 600001.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.3 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹7.54 Lakh (net margin 8.7%) and EBITDA of ₹10.26 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 237% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kerryindev.com.
Company details
Contact details
Indev Shipping Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kerryindev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address41 Thambu Chetty Streetchennai 1. Chennai 1., Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Indev Shipping Services 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 Indev Shipping Services is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Indev Shipping Services Private Limited, buy the company report.
Financials of Indev Shipping Services Private Limited
FY 2024 filings availableIndev Shipping Services Private Limited reported revenue of ₹86.3 Lakh (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 237% over five years, including 13% growth in the latest year. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.26 Lakh | ||||
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| Net Profit (PAT) | ₹7.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of Indev Shipping Services Private Limited, buy the company report.
Board of directors of Indev Shipping Services Private Limited
Indev Shipping Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xavier Britto Swamikannu Also directs: K-Indev Logistics Limited, XBM Technologies Private Limited, Indev in Time Air Cargo Services Private Limited and 5 more | Director | 07 May 1993 | 33 Years 5 Months | Current |
| Vimalarani Britto Also directs: K-Indev Logistics Limited, Indev in Time Air Cargo Services Private Limited, Indev Infra Private Limited and 4 more | Director | 07 May 1993 | 33 Years 5 Months | Current |
Auditor
Indev Shipping Services Private Limited is audited by R ARUN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R ARUN | FY 2022 | 224354 |
Shareholding
The shareholding of Indev Shipping Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indev Shipping Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 1994 | 90322536 | Bank of Madura Ltd. | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Indev Shipping Services Private Limited has 4 court cases on record: 1 filed by Indev Shipping Services, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Ms. Agarwal Rubber Pvt.Ltd. | Disposed |
| High Court of Kerala | Writ petition | Filed against the company by M/S.A.C.T.Shipping Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against The Employees State Insurance Corporation, Rep. by Its Regional Director | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Indev Shipping 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 Indev Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indev Shipping Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI1550N2ZO | Tamil Nadu | Active | 25 Mar 2020 |
To see the full GST registrations and return filing status of Indev Shipping Services Private Limited, buy the company report.
Recent activity
Indev Shipping Services Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Vimalarani Britto was appointed as Director on 07 May 1993.
Frequently asked questions
Indev Shipping Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 07 May 1993 (33+ years old) and is registered under CIN U63090TN1993PTC025024.
Indev Shipping Services has 2 current directors:
- Xavier Britto Swamikannu - Director
- Vimalarani Britto - Director
The latest financial statements of Indev Shipping Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indev Shipping Services is 33AAACI1550N2ZO, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Indev Shipping Services is U63090TN1993PTC025024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indev Shipping Services has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Indev Shipping Services was incorporated on 07 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
Vimalarani Britto was appointed as Director on 07 May 1993. Xavier Britto Swamikannu was appointed as Director on 07 May 1993.
Indev Shipping Services can be reached through the website kerryindev.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Indev Shipping Services is at 41 Thambu Chetty Streetchennai 1. Chennai 1., Tamil Nadu, India – 600001.
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