About Shell India Markets Private Limited
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Shell India Markets Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Shell Gas B.V.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U23201TN2004PTC053147. Its GSTIN is 33AAICS1404P1ZA (Tamil Nadu). The company holds 34 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹8,852.99 Cr. It was formerly known as Shell India Marketing Private Limited. It is led by directors including Mansi Madan Tripathy (Whole-Time Director) and Sanjay Samuel Varkey (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Commerzone Block – 2, No.2 200 Feet Radial Road Chennai, Tamil Nadu, India – 600100.
As per the financials filed for FY 2025, the company reported a revenue of ₹19,496 Cr. For the same year it recorded a net profit of ₹1,304.75 Cr (net margin 6.7%) and EBITDA of ₹2,474.86 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 13,000 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹16.5 Cr on record. Court records list 350 cases involving the company, including 211 filed by the company and 139 filed against it; 87 cases are pending. The company has 10 deals on record (6 funding rounds, 4 rights issues), with disclosed funding of ₹2,481.38 Cr; the latest was in January 2020. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 63 overdue payments to 26 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shell.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCommerzone Block – 2, No.2 200 Feet Radial Road Chennai, Tamil Nadu, India – 600100
- IndustryInformation Technology, IT Consulting & Support 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
- One PDF report, delivered after checkout
Business Activity
The main business activities of Shell India Markets are trade, manufacturing and information and communication. In detail, this covers retail trading, coke and refined petroleum products and data processing, hosting and related activities; web portal. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| C | Manufacturing | C5 | Coke and refined petroleum products | Locked |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Shell India Markets Private Limited
FY 2024 filings availableShell India Markets Private Limited reported revenue of ₹19,496 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. EBITDA fell 35% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹2,474.86 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1,304.75 Cr | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.7% | |
| Net Profit Margin | 6.7% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shell India Markets are in the company report.
: available in the company report
Board of Directors of Shell India Markets Private Limited
Shell India Markets has 4 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansi Madan Tripathy Also directs: Skillizen Learning Solutions Private Limited | Whole-Time Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Sanjay Samuel Varkey Also directs: Shell MRPL Aviation Fuels and Services Limited | Whole-Time Director | 23 Jan 2020 | 6 Years 8 Months | Current |
| Pratibha Priyadarshini Also directs: Shell Pahal Social Welfare Association | Whole-Time Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Gopendra Bahadur | Whole-Time Director | 24 Nov 2025 | 0 Years 10 Months | Current |
Auditor Details
Shell India Markets Private Limited is audited by S.R Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R Batliboi & Associates LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2006 | The Hongkong & Shanghi Banking Cor. Ltd. | ₹15 Cr | Satisfied |
| 10 Jul 1998 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding
Shell India Markets Private Limited has 10 deals on record (6 funding rounds, 4 rights issues), with disclosed funding of ₹2,481.38 Cr; the latest was in January 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Rights issue | ₹1,749.83 Cr | Investors: Shell Gas BV |
| Jan 2018 | Rights issue | ₹2,165.94 Cr | Investors: Shell Gas BV |
| Jun 2016 | Rights issue | ₹949.71 Cr | Investors: Shell Gas BV |
| Dec 2014 | Rights issue | ₹1,686.23 Cr | Investors: Shell Gas BV |
| Jan 2014 | Funding round | ₹316.98 Cr | Investors: Shell Gas BV |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Shell India Markets Private Limited has 350 court cases on record: 211 filed by Shell India Markets, 139 filed against it. 87 cases are pending and 263 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 178 | 79 | 39 |
| District courts | 154 | 48 | 45 |
| Supreme Court | 17 | 12 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 350)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed against the company by M/S Kawal Motors Private Limited | Pending |
| District court, Khurda, Odisha | Arbitration matter | Filed against the company by Narayani Motors Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Jamkash Vehicleads Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Ms Mithra Auto Agencies Pvt Ltd and Ors | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against Nephonine Solutions Pvt. Ltd. | Pending |
: available in 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
Shell India Markets Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 63 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Syndicate Valves and Controls | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Aiut Technologies LLP | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Shell India Markets Private Limited has a workforce of 13,000 employees as of Apr 05, 2024.
: available in the company report
Group Structure
Shell India Markets has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shell Pahal Social Welfare Association | U85100KA2019NPL120159 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity
Shell India Markets Private Limited has 38 board changes on record since 2008: 4 appointments and 34 cessations. The latest: Gopendra Bahadur ceased to be Additional Director on 08 Dec 2025.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Shell India Markets has 34 GST registrations: 20 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICS1404P1ZA | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAICS1404P2Z9 | Tamil Nadu | Active | 04 Mar 2025 |
| 06AAICS1404P1Z7 | Haryana | Active | 01 Jul 2017 |
| 07AAICS1404P1Z5 | Delhi | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
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Frequently Asked Questions
Shell India Markets is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 May 2004 (22+ years old) and is registered under CIN U23201TN2004PTC053147.
Shell India Markets has 4 current directors:
- Mansi Madan Tripathy - Whole-Time Director
- Sanjay Samuel Varkey - Whole-Time Director
- Pratibha Priyadarshini - Whole-Time Director
- Gopendra Bahadur - Whole-Time Director
The latest financial statements of Shell India Markets on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shell India Markets is 33AAICS1404P1ZA, registered in Tamil Nadu. The company has 34 GST registrations in all, of which 20 are active and 14 are cancelled or inactive. Other active GSTINs include 33AAICS1404P2Z9 (Tamil Nadu), 06AAICS1404P1Z7 (Haryana), 07AAICS1404P1Z5 (Delhi).
The CIN (Corporate Identification Number) of Shell India Markets is U23201TN2004PTC053147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shell India Markets has 350 court cases on record: 211 filed by the company and 139 filed against it. 87 are pending. Most are in the high courts.
Shell India Markets was incorporated on 06 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Shell India Markets has 10 deals on record (6 funding rounds, 4 rights issues), with disclosed funding of ₹2,481.38 Cr; the latest was in January 2020.
Gopendra Bahadur ceased to be Additional Director on 08 Dec 2025. Gopendra Bahadur was appointed as Whole-Time Director on 24 Nov 2025. Mansi Madan Tripathy was appointed as Whole-Time Director on 30 Nov 2023. Shell India Markets has 38 board changes on record in total.
Shell India Markets has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 63 overdue payments to 26 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Shell India Markets can be reached through the website shell.in. Its registered office is in Chennai, Tamil Nadu, India.