MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0104605
Rag Shipping Private Limited - transport and logistics in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.55 Cr
▲ 31% YoY
Net profit · FY 2025
₹1.6 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹5.21 Lakh
EBITDA margin 1.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Rag Shipping Private Limited
Data last updated:
Rag Shipping Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 10 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2017PTC297150. Its GSTIN is 27AAICR4018C1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajendra Ramesh Paithanpagar and Rajendra Kumar Joshi.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.55 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 0.4%) and EBITDA of ₹5.21 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 7% over five years.
The company is associated with 1 brand: Rag Shipping.
Rag Shipping Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0104605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ragshipping.com.
Company details
CIN U63000MH2017PTC297150
Registration Number 297150
Incorporation Date 10 July 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-27-0104605
Recognitions & Rankings of Rag Shipping
Contact details
Rag Shipping Private Limited's registered office is in Thane, Maharashtra. Its website is ragshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No C – 206 2nd Floor CBD Belapur Sec – 11, Railway Station CBD Belapur Navi Mumbai – 400614, Thane, Maharashtra, India – 400614
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Rag Shipping Private Limited, buy the company report.
Comprehensive company report
Rag Shipping Private Limited - one report that includes everything
- 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
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Brands
Rag Shipping operates one associated brand: Rag Shipping. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| International logistics and freight forwarding services based in India. | ragshipping.com |
Business activity
The main business activity of Rag Shipping is transportation and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport |
To see the full business activity and turnover split of Rag Shipping Private Limited, buy the company report.
Financials of Rag Shipping Private Limited
FY 2025 filings availableRag Shipping Private Limited reported revenue of ₹4.55 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹4.55 Cr ▲ 31%
Net profit · FY 2025
₹1.6 Lakh margin 0.4%
EBITDA · FY 2025
₹5.21 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 27%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 7%
5 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 31% growth in the latest year. EBITDA rose 1% 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 | ₹5.21 Lakh | ||||
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| Net Profit (PAT) | ₹1.6 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rag Shipping Private Limited, buy the company report.
Board of directors of Rag Shipping Private Limited
Rag Shipping has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Ramesh Paithanpagar Also directs: Cargozone Logistics Private Limited | Director | 24 Oct 2020 | 6 Years 0 Months | Current |
| Rajendra Kumar Joshi | Director | 10 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Rag Shipping Private Limited is audited by S S R S & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S R S & CO | FY 2023 | 137340W |
Shareholding
The shareholding of Rag Shipping Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rag Shipping Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rag 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rag Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rag Shipping has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR4018C1ZN | Maharashtra | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Rag Shipping Private Limited, buy the company report.
Recent activity
Rag Shipping Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Rahul Laxman Mali ceased to be Director on 18 Jul 2024.
AGM
Rag Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rag Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Rahul Laxman Mali ceased to be Director.
Ceased
Ashoksing Bahadur Singh Kathayat ceased to be Director.
Appointed
Rajendra Ramesh Paithanpagar was appointed as Director.
Ceased
S Dhakshitha Pravin Gabriel ceased to be Director.
Appointed
Rajendra Kumar Joshi was appointed as Director.
Incorporation
10 Jul 2017
Rag Shipping Private Limited was registered on 10 Jul 2017 with Roc Mumbai & aged 9 years 3 months as per MCA records.
Frequently asked questions
Rag Shipping is an active private limited company based in Thane, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 10 July 2017 (9+ years old) and is registered under CIN U63000MH2017PTC297150.
Rag Shipping has 2 current directors:
- Rajendra Ramesh Paithanpagar - Director
- Rajendra Kumar Joshi - Director
The latest financial statements of Rag Shipping 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 2018 are in the company report.
The GSTIN of Rag Shipping is 27AAICR4018C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rag Shipping is U63000MH2017PTC297150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rag Shipping was incorporated on 10 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Rahul Laxman Mali ceased to be Director on 18 Jul 2024. Ashoksing Bahadur Singh Kathayat ceased to be Director on 24 Oct 2020. Rajendra Ramesh Paithanpagar was appointed as Director on 24 Oct 2020. Rag Shipping has 5 board changes on record in total.
Yes, Rag Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0104605).
Rag Shipping can be reached through the website ragshipping.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Rag Shipping is at Office No C – 206 2nd Floor CBD Belapur Sec – 11, Railway Station CBD Belapur Navi Mumbai – 400614, Thane, Maharashtra, India – 400614.