Redsun Shipping Services Private Limited
About Redsun Shipping Services Private Limited
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Redsun Shipping Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 01 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN2013PTC090367.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Muralidharan Chinnakavanam Parthasarathy (Managing Director) and Gajendra Babu Meerabai.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at S – 1 New No. 9 Old No. 3 Thirumagal Appartments Station View Road, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2018, the company reported a revenue of ₹59.54 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹28,229 (net margin 0.5%) and EBITDA of ₹2.23 Lakh (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has satisfied charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Redsun Shipping Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressS – 1 New No. 9 Old No. 3 Thirumagal Appartments Station View Road, Chennai, Tamil Nadu, India – 600024
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Redsun Shipping Services 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
Business activity
The main business activity of Redsun Shipping Services 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 Redsun Shipping Services Private Limited, buy the company report.
Financials of Redsun Shipping Services Private Limited
FY 2018 filings availableRedsun Shipping Services Private Limited reported revenue of ₹59.54 Lakh (down 55% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 55% fall in the latest year. EBITDA rose 5% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹59.54 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.23 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹28,229 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.8% | |||
| Net Profit Margin | 0.5% | |||
| 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 Redsun Shipping Services Private Limited, buy the company report.
Board of directors of Redsun Shipping Services Private Limited
Redsun Shipping Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendra Babu Meerabai Also directs: Redsun Logistics Private Limited | Director | 06 Jun 2016 | 10 Years 5 Months | Current |
| Muralidharan Chinnakavanam Parthasarathy Also directs: Karuneegar Nala Nidhi Limited | Managing Director | 01 Apr 2013 | 13 Years 7 Months | Current |
Auditor
Redsun Shipping Services Private Limited is audited by G R C & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R C & ASSOCIATES | FY 2018 | 002437S |
Shareholding
The shareholding of Redsun Shipping Services Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Redsun Shipping Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2016 | 100075850 | City Union Bank Limited | ₹15 Lakh | Satisfied |
To see the full charge records of Redsun Shipping Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Redsun Shipping Services 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 Redsun Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Redsun Shipping Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Redsun Shipping Services Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Gajendra Babu Meerabai was appointed as Director on 06 Jun 2016.
Frequently asked questions
Redsun Shipping Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 01 April 2013 (13+ years old) and is registered under CIN U63090TN2013PTC090367.
Redsun Shipping Services has 2 current directors:
- Muralidharan Chinnakavanam Parthasarathy - Managing Director
- Gajendra Babu Meerabai - Director
The latest financial statements of Redsun Shipping Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Redsun Shipping Services is U63090TN2013PTC090367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redsun Shipping Services was incorporated on 01 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Gajendra Babu Meerabai was appointed as Director on 06 Jun 2016. Vijay Muralidaran ceased to be Director on 06 Jun 2016. Muralidharan Chinnakavanam Parthasarathy was appointed as Managing Director on 01 Apr 2013.
The registered office of Redsun Shipping Services is at S – 1 New No. 9 Old No. 3 Thirumagal Appartments Station View Road, Chennai, Tamil Nadu, India – 600024.
Redsun Shipping Services operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
Redsun Shipping Services has no open charges and satisfied charges of ₹15 Lakh as per latest MCA filings.
The compliance status of Redsun Shipping Services is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
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