- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-10-0018738

Muktinath Maritime Private Limited
About Muktinath Maritime Private Limited
Data last updated:
Muktinath Maritime Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U61200GJ2021PTC121450. Its GSTIN is 24AAOCM4418P1ZX (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Surajpalsinh Balvantsinh Manek and Dharmesh Ajabha Manek.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Geetanjali Park – 1 New Jamnagar 9974768069.P.No.1, Gujarat, India – 361001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.04 Lakh (net margin -1%) and EBITDA of ₹3.63 Cr (EBITDA margin 50.4%).
As per MCA filings, the company has open charges of ₹15.15 Cr and satisfied charges of ₹5.72 Cr on record.
Muktinath Maritime Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0018738). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Muktinath Maritime
Contact details
Muktinath Maritime Private Limited's registered office is in Jamnagar, Gujarat.
- Registered AddressGeetanjali Park – 1 New Jamnagar 9974768069.P.No.1, Gujarat, India – 361001
- 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
Business activity
The main business activity of Muktinath Maritime 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 Muktinath Maritime Private Limited, buy the company report.
Financials of Muktinath Maritime Private Limited
FY 2025 filings availableMuktinath Maritime Private Limited reported revenue of ₹7.21 Cr (up 334% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 334% in the latest year. EBITDA rose 195% in the latest 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 |
|---|---|---|---|---|---|
| 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 | ₹3.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.04 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.4% | ||||
| Net Profit Margin | -1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Muktinath Maritime Private Limited, buy the company report.
Board of directors of Muktinath Maritime Private Limited
Muktinath Maritime has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surajpalsinh Balvantsinh Manek | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Dharmesh Ajabha Manek | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Jayesh Ajabha Manek | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2023 | 100840200 | Hdfc Bank Limited | ₹15.15 Cr | Open | |
| 22 Jul 2022 | 100599055 | Others | ₹5.72 Cr | Satisfied |
To see the full charge records of Muktinath Maritime Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Muktinath Maritime Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Muktinath Maritime Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Muktinath Maritime has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCM4418P1ZX | Gujarat | Active | 29 Jun 2021 |
To see the full GST registrations and return filing status of Muktinath Maritime Private Limited, buy the company report.
Recent activity
Muktinath Maritime Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Dharmesh Ajabha Manek was appointed as Director on 22 Mar 2021.
Frequently asked questions
Muktinath Maritime is an active private limited company based in Jamnagar, Gujarat, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 22 March 2021 (5+ years old) and is registered under CIN U61200GJ2021PTC121450.
Muktinath Maritime has 3 current directors:
- Surajpalsinh Balvantsinh Manek - Director
- Dharmesh Ajabha Manek - Director
- Jayesh Ajabha Manek - Director
The latest financial statements of Muktinath Maritime on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Muktinath Maritime is 24AAOCM4418P1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Muktinath Maritime is U61200GJ2021PTC121450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muktinath Maritime was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dharmesh Ajabha Manek was appointed as Director on 22 Mar 2021. Jayesh Ajabha Manek was appointed as Director on 22 Mar 2021. Surajpalsinh Balvantsinh Manek was appointed as Director on 22 Mar 2021.
Yes, Muktinath Maritime is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-10-0018738).
The registered office of Muktinath Maritime is at Geetanjali Park – 1 New Jamnagar 9974768069.P.No.1, Gujarat, India – 361001.
Muktinath Maritime operates in the transport and logistics industry, in the shipping and maritime services segment.

