Searouters Shipping Private Limited
About Searouters Shipping Private Limited
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Searouters Shipping Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 25 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61200MH2012PTC237208. Its GSTIN is 09AASCS2317M1ZR (Uttar Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Vijay Kumar Aggarwal and Piyush Aggarwal.
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 377B 1st Floor Jss Road Chira Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.65 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.67 Lakh (net margin 21.5%) and EBITDA of ₹7.03 Lakh (EBITDA margin 19.7%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address377B 1st Floor Jss Road Chira Bazar, Mumbai, Maharashtra, India – 400002
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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
- One PDF report, delivered after checkout
Business Activity of Searouters Shipping Private Limited
The main business activities of Searouters Shipping are transport and storage and professional, scientific and technical. In detail, this covers services incidental to land, water & air transportation and accounting, book keeping and auditing activities, tax consultancy. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Searouters Shipping Private Limited FY 2024 filings available
Searouters Shipping Private Limited reported revenue of ₹35.65 Lakh (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Searouters Shipping Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 9% fall in the latest year. EBITDA rose 354% 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 of Searouters Shipping Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.67 Lakh | •••• | •••• | •••• | •••• |
| 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 of Searouters Shipping Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Searouters Shipping are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Searouters Shipping Private Limited
Searouters 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 |
|---|---|---|---|---|
| Vijay Kumar Aggarwal | Director | 25 Oct 2012 | 13 Years 11 Months | Current |
| Piyush Aggarwal | Director | 21 Dec 2015 | 10 Years 9 Months | Current |
| Tanushree Aggarwal | Director | 25 Oct 2012 | 13 Years 11 Months | Current |
Peer Comparison of Searouters Shipping Private Limited
Searouters Shipping Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramzan Karim Shipping Services Pvt Ltd | ₹36.42 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Jupiter Cargo Pvt Ltd | ₹36.35 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Kolkata, West Bengal, India |
| Satyam Worldwide Express India Limited | ₹35.88 Lakh (FY 2025) | •••• | •••• | 129.0% | •••• | New Delhi, Delhi, India |
| Kunal Clearing and Forwarding Private Limited | ₹35.86 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Fort Mumbai, Maharashtra, India |
| Top Class Logistics Private Limited | ₹35.7 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Searouters Shipping Private Limited this company | ₹35.65 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Boss Shipping Agencies Private Limited | ₹35.62 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Madras - 600 001, Tamil Nadu, India |
| Unistar Global Services Private Limited | ₹35.08 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Shreeji Cargo Solution Private Limited | ₹35.06 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Venn Exim Services Private Limited | ₹34.94 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Matrix Plast Private Limited | ₹34.92 Lakh (FY 2025) | •••• | •••• | 237.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Searouters Shipping by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Searouters Shipping Private Limited
Searouters Shipping Private Limited is audited by VAAZ & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VAAZ & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Searouters Shipping Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Searouters Shipping Private Limited
Searouters Shipping Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Searouters Shipping Private Limited
Employment history and EPFO contributions of people linked to Searouters Shipping.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Searouters Shipping Private Limited
Searouters Shipping Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Piyush Aggarwal ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Searouters Shipping Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Searouters Shipping Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Searouters Shipping Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Searouters Shipping Private Limited
Searouters Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AASCS2317M1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Searouters Shipping Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Searouters Shipping Private Limited
Searouters Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 25 October 2012 (14+ years old) and is registered under CIN U61200MH2012PTC237208.
Searouters Shipping reported revenue of ₹35.65 Lakh for FY 2024 (down 9% YoY).
Searouters Shipping has 3 current directors:
- Vijay Kumar Aggarwal - Director
- Piyush Aggarwal - Director
- Tanushree Aggarwal - Director
Searouters Shipping reported a net profit of ₹7.67 Lakh (net margin 21.5%) and EBITDA of ₹7.03 Lakh (EBITDA margin 19.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Searouters Shipping is -50% over three years and -23% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Searouters Shipping is 09AASCS2317M1ZR, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Searouters Shipping is U61200MH2012PTC237208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Searouters Shipping was incorporated on 25 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Searouters Shipping by revenue are Ramzan Karim Shipping Services Pvt Ltd, Jupiter Cargo Pvt Ltd, Satyam Worldwide Express India Limited, Kunal Clearing and Forwarding Private Limited, Top Class Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Piyush Aggarwal ceased to be Additional Director on 30 Sep 2016. Piyush Aggarwal was appointed as Director on 21 Dec 2015. Tanushree Aggarwal was appointed as Director on 25 Oct 2012. Searouters Shipping has 4 board changes on record in total.
The registered office of Searouters Shipping is at 377B 1st Floor Jss Road Chira Bazar, Mumbai, Maharashtra, India – 400002.