About Priyablue Shipping Private Limited
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Priyablue Shipping Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 26 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61200MH2010PTC203476. Its GSTIN is 27AAFCP5056R1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Trupti Sanjaybhai Mehta and Sanjay Prataprai Mehta.
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 Kesar Orion 5th Floor 501/502 Hindu Colony Lane No 5 Dadar East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.49 Cr, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹26.75 Cr (net margin 24%) and EBITDA of ₹65.58 Cr (EBITDA margin 58.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 42% over five years.
The company is associated with 2 brands: Priya Blue and Priya Blue Shipping. As per MCA filings, the company has open charges of ₹281.06 Cr and satisfied charges of ₹162.84 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website priyablueshipping.com.
Company details
Contact details
Priyablue Shipping Private Limited's registered office is in Mumbai, Maharashtra. Its website is priyablueshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKesar Orion 5th Floor 501/502 Hindu Colony Lane No 5 Dadar East, Mumbai, Maharashtra, India – 400014
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Priyablue Shipping 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
Priyablue Shipping operates two associated brands: Priya Blue and Priya Blue Shipping. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in environmentally compliant ship recycling and dismantling services. | priyablue.com | |
| Marine vessel operations and offshore support services for the oil and gas industries in India. | priyablueshipping.com |
Business activity
The main business activity of Priyablue Shipping is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Priyablue Shipping Private Limited, buy the company report.
Financials of Priyablue Shipping Private Limited
FY 2024 filings availablePriyablue Shipping Private Limited reported revenue of ₹111.49 Cr (up 150% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 150% growth in the latest year. EBITDA rose 185% 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 | ₹65.58 Cr | ||||
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| Net Profit (PAT) | ₹26.75 Cr | ||||
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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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| EBITDA Margin | 58.8% | ||||
| Net Profit Margin | 24% | ||||
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To see the full financial statements and ratios of Priyablue Shipping Private Limited, buy the company report.
Board of directors of Priyablue Shipping Private Limited
Priyablue Shipping has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Trupti Sanjaybhai Mehta Also directs: Priya Blue Green Recycling LLP, Priyablue Recycling LLP, Priyablue Textile Private Limited and 5 more | Director | 26 May 2010 | 16 Years 5 Months | Current |
| Sanjay Prataprai Mehta Also directs: Madhav Industries LLP, Priya Blue Green Recycling LLP, Priyablue Recycling LLP and 5 more | Director | 26 May 2010 | 16 Years 5 Months | Current |
| Bhavik Harkisan Mody Also directs: Priya Blue Industries Private Limited, Sosiya Integrated Marine Complex Private Limited, Drillequip Private Limited and 5 more | Additional Director | 02 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Priyablue Shipping Private Limited is audited by V.G.KAMAT & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.G.KAMAT & ASSOCIATES | FY 2024 | 104648W |
Shareholding
The shareholding of Priyablue Shipping Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Priyablue Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101034845 | Others | ₹149.5 Cr | Open | |
| 09 Mar 2023 | 100711415 | Indian Overseas Bank | ₹131.56 Cr | Open | |
| 20 Sep 2023 | 100792106 | Axis Bank Limited | ₹97.5 Cr | Satisfied | |
| 08 Jun 2020 | 100342160 | Axis Bank Limited | ₹65.34 Cr | Satisfied |
To see the full charge records of Priyablue Shipping Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Priyablue Shipping Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Priyablue Shipping Private Limited was last rated by Icra on 04 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Jun 2021 |
To see the full credit ratings and regulatory alerts of Priyablue Shipping Private Limited, buy the company report.
MSME payment delays
Priyablue Shipping Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 29 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| P.R.O. Marine Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Priyablue Shipping Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Priyablue Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP5056R1ZP | Maharashtra | Active | 11 Jan 2018 |
To see the full GST registrations and return filing status of Priyablue Shipping Private Limited, buy the company report.
Recent activity
Priyablue Shipping Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Bhavik Harkisan Mody was appointed as Additional Director on 02 Dec 2025.
2 earlier events are in the company report.
Frequently asked questions
Priyablue Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 26 May 2010 (16+ years old) and is registered under CIN U61200MH2010PTC203476.
Priyablue Shipping has 3 current directors:
- Trupti Sanjaybhai Mehta - Director
- Sanjay Prataprai Mehta - Director
- Bhavik Harkisan Mody - Additional Director
The latest financial statements of Priyablue Shipping 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 Priyablue Shipping is 27AAFCP5056R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Priyablue Shipping is U61200MH2010PTC203476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priyablue Shipping was incorporated on 26 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavik Harkisan Mody was appointed as Additional Director on 02 Dec 2025. Gauravbhai Sanjaybhai Mehta ceased to be Director on 25 Feb 2012. Sanjay Prataprai Mehta was appointed as Director on 26 May 2010. Priyablue Shipping has 4 board changes on record in total.
Priyablue Shipping has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 29 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 May 2019.
Priyablue Shipping can be reached through the website priyablueshipping.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Priyablue Shipping is at Kesar Orion 5th Floor 501502 Hindu Colony Lane No 5 Dadar East, Mumbai, Maharashtra, India – 400014.
Priyablue Shipping operates in the transport and logistics industry, in the shipping and maritime services segment.