Proxima Private Limited
About Proxima Private Limited
Data last updated:
Proxima Private Limited was a private limited company based in Tuticorin, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the water transportation segment of the transportation sector. It was incorporated on 24 March 2003.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN2003PTC050567. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.25 Lakh and a paid-up capital of ₹2.25 Lakh. It was led by directors including Musthafa Kamal Basha Meeran and Balasundaram Sankaranarayanan.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 54F Gin Factory Road, Tuticorin, Tamil Nadu, India – 628002.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.55 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Lakh (net margin 1.7%) and EBITDA of ₹5.77 Lakh (EBITDA margin 3.7%).
As per MCA filings, the company had satisfied charges of ₹51.18 Lakh on record.
Company details
Contact details
Proxima Private Limited's registered office is in Tuticorin, Tamil Nadu.
- Registered Address54F Gin Factory Road, Tuticorin, Tamil Nadu, India – 628002
- IndustryTransportation, Water Transportation
- 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 Proxima is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Proxima Private Limited, buy the company report.
Financials of Proxima Private Limited
FY 2015 filings availableProxima Private Limited reported revenue of ₹1.55 Cr (up 15% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. EBITDA rose 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
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| Total Expenses | |
| EBITDA | ₹5.77 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.7 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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| Cash and Bank Balance | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.7% |
| Net Profit Margin | 1.7% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
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| Current Ratio | |
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| Receivable Days | |
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To see the full financial statements and ratios of Proxima Private Limited, buy the company report.
Board of directors of Proxima Private Limited
Proxima has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Musthafa Kamal Basha Meeran | Director | 24 Mar 2003 | 23 Years 6 Months | As last reported |
| Balasundaram Sankaranarayanan Also directs: Hotel Nalas Private Limited | Director | 24 Mar 2003 | 23 Years 6 Months | As last reported |
| Radhakrishnan Sankaranarayanan Also directs: Hotel Nalas Private Limited | Director | 24 Mar 2003 | 23 Years 6 Months | As last reported |
Peer comparison
Proxima Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (water transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TMC Shipping Private Limited | ₹1.58 Cr (FY 2024) | -17.0% | Panchkula, Haryana, India | |||
| Pramukh Bulk Private Limited | ₹1.58 Cr (FY 2019) | Gandhidham, Gujarat, India | ||||
| Everit Express Freight Private Limited | ₹1.56 Cr (FY 2024) | 158.0% | Pimpale Saudagar, Maharashtra, India | |||
| SRD Clearing Agents Private Limited | ₹1.56 Cr (FY 2024) | -39.0% | Kolkata, West Bengal, India | |||
| Proxima Private Limitedthis company | ₹1.55 Cr (FY 2015) | ₹2.7 Lakh | 1.7% | 15.0% | Tuticorin, Tamil Nadu, India | |
| NSBP Shipping & Logistics Private Limited | ₹1.54 Cr (FY 2022) | -25.0% | Jaipur, Rajasthan, India | |||
| Cargo Mount Logistics Private Limited | ₹1.54 Cr (FY 2024) | 66.0% | Mumbai, Maharashtra, India | |||
| Bharat Feeder and Shipping Services Private Limited | ₹1.5 Cr (FY 2025) | -45.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Proxima Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2011 | 10263403 | Tamilnad Mercantile Bank Limited | ₹31 Lakh | Satisfied | |
| 17 Jul 2003 | 80011627 | Tn Merchantile Bank | ₹20.18 Lakh | Satisfied |
To see the full charge records of Proxima Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Proxima 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 Proxima Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Proxima 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 Proxima Private Limited, buy the company report.
Recent activity
Proxima Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Balasundaram Sankaranarayanan was appointed as Director on 24 Mar 2003.
Frequently asked questions
Proxima has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Proxima was a private limited company based in Tuticorin, Tamil Nadu, India. The company worked in water transportation, within the transportation industry. It was incorporated on 24 March 2003 and is registered under CIN U63090TN2003PTC050567. The company has been struck off by the Registrar of Companies and is no longer operational.
Proxima had 3 directors:
- Musthafa Kamal Basha Meeran - Director
- Balasundaram Sankaranarayanan - Director
- Radhakrishnan Sankaranarayanan - Director
The CIN (Corporate Identification Number) of Proxima is U63090TN2003PTC050567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Proxima is at 54F Gin Factory Road, Tuticorin, Tamil Nadu, India – 628002.
Proxima was incorporated on 24 March 2003. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Proxima on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Proxima has 1 GST registration on record and it is cancelled or inactive.
Proxima operated in the transportation industry, in the water transportation segment. It worked in this industry before it was struck off.
The peers of Proxima by revenue are TMC Shipping Private Limited, Pramukh Bulk Private Limited, Everit Express Freight Private Limited, SRD Clearing Agents Private Limited, NSBP Shipping & Logistics Private Limited and 2 more, all in the same principal business activity (water transport).
Balasundaram Sankaranarayanan was appointed as Director on 24 Mar 2003. Musthafa Kamal Basha Meeran was appointed as Director on 24 Mar 2003. Radhakrishnan Sankaranarayanan was appointed as Director on 24 Mar 2003.