About Seaways Shipping and Logistics Limited
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Seaways Shipping and Logistics Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 01 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63010TG1989PLC010716. Its GSTIN is 36AADCS0845B2ZQ (Telangana). The company holds 31 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹102 Cr and a paid-up capital of ₹21.48 Cr. It was formerly known as Seaways Shipping Services Private Limited and Seaways Shipping Limited. It is led by directors including Venkata Krishna Mohan Parvataneni (Managing Director) and Parvataneni Saratkumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Seaways Pride Plot No. 731 Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2023, the company reported a revenue of ₹284.26 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹77.43 Cr (net margin -27.2%) and EBITDA of -₹38.34 Cr (EBITDA margin -13.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 5% over five years.
The company has about 108 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Seaways group. As per MCA filings, the company has open charges of ₹136.14 Cr and satisfied charges of ₹351.76 Cr on record. Court records list 126 cases involving the company, including 43 filed by the company and 83 filed against it; 28 cases are pending. The company has 11 deals on record (6 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹310.23 Cr; the latest was in October 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seawaysindia.com.
Company details
Name history
Seaways Shipping and Logistics has undergone 2 name changes throughout its history. The company was previously known as Seaways Shipping Services Private Limited, and Seaways Shipping Limited. The current legal name is Seaways Shipping And Logistics Limited.
| Company Name | Status |
|---|---|
| Seaways Shipping and Logistics Limited | Current |
| Seaways Shipping Services Private Limited | Previous |
| Seaways Shipping Limited | Previous |
CIN history
Seaways Shipping and Logistics has one previous CIN (Corporate Identification Number): U63010AP1989PLC010716. The current CIN is U63010TG1989PLC010716, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63010TG1989PLC010716 | Current |
| U63010AP1989PLC010716 | Previous |
Contact details
Seaways Shipping and Logistics Limited's registered office is in Hyderabad, Telangana. Its website is seawaysindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSeaways Pride Plot No. 731 Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500034
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Seaways Shipping and Logistics 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
Seaways Shipping and Logistics operates one associated brand: Seaways group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of wide range of logistics solutions | seawaysindia.com |
Business activity
The main business activity of Seaways Shipping and Logistics 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 Seaways Shipping and Logistics Limited, buy the company report.
Financials of Seaways Shipping and Logistics Limited
FY 2023 filings availableSeaways Shipping and Logistics Limited reported revenue of ₹284.26 Cr (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 143% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹284.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹38.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.43 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.5% | ||||
| Net Profit Margin | -27.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Seaways Shipping and Logistics Limited, buy the company report.
Board of directors of Seaways Shipping and Logistics Limited
Seaways Shipping and Logistics has 13 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Prakash Agarwal Also directs: Shri Hemkund Shahib Ropeway Company Private Limited | Director | 17 Dec 2024 | 1 Years 10 Months | Current |
| Parvataneni Saratkumar | Whole-Time Director | 01 Apr 1994 | 32 Years 7 Months | Current |
| Vivek Anand Parvataneni | Whole-Time Director | 01 Apr 1994 | 32 Years 7 Months | Current |
| Venkata Krishna Mohan Parvataneni | Managing Director | 01 Dec 1989 | 36 Years 11 Months | Current |
| Nagoji Ram Mohan Also directs: Mosavi Enterprises Private Limited | Nominee Director | 07 May 2024 | 2 Years 6 Months | Current |
| Vijayendra Parvataneni | Whole-Time Director | 29 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Seaways Shipping and Logistics Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Seaways Shipping and Logistics Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seaways Shipping and Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2023 | 100816717 | Axis Bank Limited | ₹3.2 Cr | Open | |
| 02 Jun 2022 | 100585187 | Hdfc Bank Limited | ₹15.09 Lakh | Open | |
| 30 Dec 2021 | 100527865 | Hdfc Bank Limited | ₹14.12 Lakh | Open | |
| 29 Oct 2021 | 100508047 | Others | ₹100 Cr | Open | |
| 05 Dec 2017 | 100145845 | Canara Bank | ₹32.65 Cr | Open |
To see the full charge records of Seaways Shipping and Logistics Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Seaways Shipping and Logistics Limited has 11 deals on record (6 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹310.23 Cr; the latest was in October 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Debt financing | ₹100 Cr | Investors: Vishwa Samudra Holdings Private Limited |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Mosavi Enterprises Private Limited Seller: Investcorp |
| Aug 2017 | Debt financing | ₹89 Cr | Investors: EAAA India Alternatives (Edelweiss Alternatives), Edelweiss Rural & Corporate Services Limited |
To see the full deal history of Seaways Shipping and Logistics Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Seaways Shipping and Logistics Limited has 126 court cases on record: 43 filed by Seaways Shipping and Logistics, 83 filed against it. 28 cases are pending and 98 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 73 | 46 | 19 |
| District courts | 45 | 29 | 9 |
| NCLT | 5 | 5 | 0 |
| NCLAT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 126)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (COMCA) | Filed against the company by Gujarat State Fertilizers and Chemicals Limited, | Pending |
| District court, Hyderabad CCC, Telangana | Court case (CEP) | Filed against the company by Ms Megh Medi Tech Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Pest Mortem India Pvt Ltd Through Signatory Bharateshs Shetty | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed against the company by Adani Krishnapatnam Port Limited | Pending |
| High Court, TELANGANA | Arbitration matter | Filed against the company by Vishwa Samudra Holdings Private Limited | Pending |
To see the full case history of Seaways Shipping and Logistics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Seaways Shipping and Logistics Limited was last rated by Indiarating on 27 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 27 Apr 2021 |
To see the full credit ratings and regulatory alerts of Seaways Shipping and Logistics Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Seaways Shipping and Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Seaways Shipping and Logistics has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Seaways Ports and Inland Logistics Private Limited | U61100TG2018PTC126757 | |
| Seamaster Sea and Air Logistics Private Limited | U63030TG2013PTC086112 | |
| Seaways Liner Agencies Private Limited | U63090TG2013PTC086113 | |
| Seaways Supply Chain Private Limited | U74999TG2018PTC126385 |
To see the full group structure of Seaways Shipping and Logistics Limited, buy the company report.
Employees & EPFO
Seaways Shipping and Logistics Limited has a workforce of 108 employees on its EPFO records as of Oct 09, 2025, across 3 active EPFO establishments.
GST
Seaways Shipping and Logistics has 31 GST registrations: 14 active and 17 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCS0845B2ZQ | Telangana | Active | 04 Jul 2017 |
| 36AADCS0845B3ZP | Telangana | Active | 01 Apr 2025 |
| 07AADCS0845B2ZR | Delhi | Active | 01 Jul 2017 |
| 21AADCS0845B2Z1 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seaways Shipping and Logistics Limited, buy the company report.
Recent activity
Seaways Shipping and Logistics Limited has 30 board changes on record since 1989: 16 appointments and 14 cessations. The latest: Anjana Sinha was appointed as Additional Director on 25 Aug 2025.
97 earlier events are in the company report.
Frequently asked questions
Seaways Shipping and Logistics is an active public limited company based in Hyderabad, Telangana, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 01 December 1989 (37+ years old) and is registered under CIN U63010TG1989PLC010716.
Seaways Shipping and Logistics has 13 current directors:
- Venkata Krishna Mohan Parvataneni - Managing Director
- Parvataneni Saratkumar - Whole-Time Director
- Vivek Anand Parvataneni - Whole-Time Director
- Vijayendra Parvataneni - Whole-Time Director
- Harish Prakash Agarwal - Director
- Nagoji Ram Mohan - Nominee Director
- Jithendra Nimmagadda - Nominee Director
- Uma Maheswara Rao Pothula - Director
- Rajesh Puri - Director
- Rayapati Suvarna Lakshmi - Director
- Pushpak Kakkar - Director
- Sabyasachi Hajara - Additional Director
- Anjana Sinha - Additional Director
The latest financial statements of Seaways Shipping and Logistics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Seaways Shipping and Logistics is 36AADCS0845B2ZQ, registered in Telangana. The company has 31 GST registrations in all, of which 14 are active and 17 are cancelled or inactive. Other active GSTINs include 36AADCS0845B3ZP (Telangana), 07AADCS0845B2ZR (Delhi), 21AADCS0845B2Z1 (Odisha).
The CIN (Corporate Identification Number) of Seaways Shipping and Logistics is U63010TG1989PLC010716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seaways Shipping and Logistics has 126 court cases on record: 43 filed by the company and 83 filed against it. 28 are pending. Most are in the high courts.
Seaways Shipping and Logistics was incorporated on 01 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Hyderabad.
Seaways Shipping and Logistics has 11 deals on record (6 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹310.23 Cr; the latest was in October 2021.
Anjana Sinha was appointed as Additional Director on 25 Aug 2025. Sabyasachi Hajara was appointed as Additional Director on 25 Aug 2025. Harish Prakash Agarwal was appointed as Director on 17 Dec 2024. Seaways Shipping and Logistics has 30 board changes on record in total.
Seaways Shipping and Logistics can be reached through the website seawaysindia.com. Its registered office is in Hyderabad, Telangana, India.
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