Panache Shipping Services Pvt Ltd
About Panache Shipping Services Pvt Ltd
Data last updated:
Panache Shipping Services Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the maritime transportation segment of the transportation sector. It was incorporated on 19 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U61100WB1991PTC051180. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tajneela Chelliah and Vijay Chelliah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 17B Ballygunge Circular Road, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.39 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹64,833 (net margin -14.8%) and EBITDA of -₹63,169 (EBITDA margin -14.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 26% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Panache Shipping Services Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17B Ballygunge Circular Road, Kolkata, West Bengal, India – 700019
- IndustryTransportation, Maritime Transportation
To see the full contact details of Panache Shipping Services Pvt Ltd, 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
Financials of Panache Shipping Services Pvt Ltd
FY 2023 filings availablePanache Shipping Services Pvt Ltd reported revenue of ₹4.39 Lakh (up 28% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 87% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹63,169 | ||||
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| Net Profit (PAT) | -₹64,833 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -14.4% | ||||
| Net Profit Margin | -14.8% | ||||
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To see the full financial statements and ratios of Panache Shipping Services Pvt Ltd, buy the company report.
Board of directors of Panache Shipping Services Pvt Ltd
Panache Shipping Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tajneela Chelliah | Director | 08 Apr 2009 | 17 Years 6 Months | Current |
| Vijay Chelliah | Director | 08 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Panache Shipping Services Pvt Ltd is compared with the 10 companies closest to it by revenue in the Shipping industry (Shipping Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rishi Shipsecure Private Limited | ₹4.63 Lakh (FY 2025) | 13.0% | Gandhidham, Gujarat, India | |||
| Tai-Pan Shipping Private Limited | ₹4.63 Lakh (FY 2025) | -16.0% | Mumbai400, Maharashtra, India | |||
| Nishtha Steels Private Limited | ₹4.59 Lakh (FY 2025) | -8.0% | Sukhdev Vihar, Delhi, India | |||
| Eversail Ship Services (OPC) Private Limited | ₹4.5 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Noble Denton India Private Limited | ₹4.43 Lakh (FY 2025) | -95.0% | Mumbai, Maharashtra, India | |||
| Panache Shipping Services Pvt Ltdthis company | ₹4.39 Lakh (FY 2023) | -₹64,833 | -14.8% | 28.0% | Kolkata, West Bengal, India | |
| Sun Shine Ship Management Private Limited | ₹4.36 Lakh (FY 2025) | 602.0% | Gurugram, Haryana, India | |||
| 7 Star Shipping Services Private Limited | ₹4.32 Lakh (FY 2023) | Thane, Maharashtra, India | ||||
| Argbiss Logistics Private Limited | ₹4.25 Lakh (FY 2022) | 2261.0% | Mumbai, Maharashtra, India | |||
| CTS Offshore and Marine (India) Private Limited | ₹4.24 Lakh (FY 2023) | -16.0% | Mumbai, Maharashtra, India | |||
| R K Traders Private Limited | ₹4.2 Lakh (FY 2021) | -37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Panache Shipping Services Pvt Ltd, buy the company report.
Auditor
Panache Shipping Services Pvt Ltd is audited by BAIDANDCOMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAIDANDCOMPANY | FY 2017 | 317194E |
Shareholding
The shareholding of Panache Shipping Services Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Panache Shipping Services Pvt Ltd, buy the company report.
Legal cases
Panache Shipping Services Pvt Ltd has 3 court cases on record: 3 filed by Panache Shipping Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Steel Authority of India Ltd & Ors | Disposed |
| High Court | Court case (APO) | Filed by the company against an individual | Disposed |
| High Court | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Panache Shipping Services Pvt Ltd, 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 Panache Shipping Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panache Shipping Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Panache Shipping Services Pvt Ltd, buy the company report.
Recent activity
Panache Shipping Services Pvt Ltd has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Vasanta Mohan ceased to be Director on 03 Aug 2009.
Frequently asked questions
Panache Shipping Services is an active private limited company based in Kolkata, West Bengal, India. The company works in maritime transportation, within the transportation industry. It was incorporated on 19 March 1991 (35+ years old) and is registered under CIN U61100WB1991PTC051180.
Panache Shipping Services has 2 current directors:
- Tajneela Chelliah - Director
- Vijay Chelliah - Director
The latest financial statements of Panache Shipping Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Panache Shipping Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Panache Shipping Services is U61100WB1991PTC051180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panache Shipping Services has 3 court cases on record: 3 filed by the company.
Panache Shipping Services was incorporated on 19 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Panache Shipping Services by revenue are Rishi Shipsecure Private Limited, Tai-Pan Shipping Private Limited, Nishtha Steels Private Limited, Eversail Ship Services (OPC) Private Limited, Noble Denton India Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Vasanta Mohan ceased to be Director on 03 Aug 2009. Tajneela Chelliah was appointed as Director on 08 Apr 2009. Kandaswamy Chelliah ceased to be Director on 23 Nov 2008. Panache Shipping Services has 4 board changes on record in total.
The registered office of Panache Shipping Services is at 17B Ballygunge Circular Road, Kolkata, West Bengal, India – 700019.
Panache Shipping Services operates in the transportation industry, in the maritime transportation segment.
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