About Seros Shipping Private Limited
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Seros Shipping Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Ngc Trading Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 26 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U61200GJ2014PTC079390. Its GSTIN is 24AADCE6558P1Z3 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹10.88 Cr. It was formerly known as Eros Sea Logistics Private Limited. It is led by directors including Punit Prakash (Whole-Time Director) and Ashish Agarwal.
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 U – 202 Union Heights Besides Lal Bhai Stadium Vesu, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹277.71 Cr. For the same year it recorded a net profit of ₹42.54 Cr (net margin 15.3%) and EBITDA of ₹93.27 Cr (EBITDA margin 33.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 17% over five years.
The company has about 18 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹223.6 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 9 deals on record (4 secondary share transfers, 3 convertible or debt financings, 1 funding round), with disclosed funding of ₹144.6 Cr; the latest was in January 2024. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 140 overdue payments to 39 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seros.in.
Company details
Contact details
Seros Shipping Private Limited's registered office is in Surat, Gujarat. Its website is seros.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressU – 202 Union Heights Besides Lal Bhai Stadium Vesu, Surat, Gujarat, India – 395007
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Seros Shipping 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 Seros Shipping 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 Seros Shipping Private Limited, buy the company report.
Financials of Seros Shipping Private Limited
FY 2024 filings availableSeros Shipping Private Limited reported revenue of ₹277.71 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA rose 2% 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 | ₹93.27 Cr | ||||
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| Net Profit (PAT) | ₹42.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 15.3% | ||||
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To see the full financial statements and ratios of Seros Shipping Private Limited, buy the company report.
Board of directors of Seros Shipping Private Limited
Seros Shipping has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Prakash Also directs: Seros Offshore Private Limited | Whole-Time Director | 26 Mar 2014 | 12 Years 7 Months | Current |
| Ashish Agarwal | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
| Subhas Radhashyam Das | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Rounak Agarwal | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Seros Shipping Private Limited is audited by N K R & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & Co. | FY 2021 | 127820W |
Shareholding
The shareholding of Seros Shipping Private 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 Seros Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2025 | 101128197 | Others | ₹200 Cr | Open | |
| 27 Sep 2023 | 100793901 | State Bank of India | ₹23.6 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Seros Shipping Private Limited has 9 deals on record (4 secondary share transfers, 3 convertible or debt financings, 1 funding round), with disclosed funding of ₹144.6 Cr; the latest was in January 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Rights issue | ₹40 Cr | Investors: Kurinji Trust |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Ngc Trading Limited Seller: Niwas Residential & Commercial Properties Private Limited |
| Jan 2021 | Funding round | ₹17.52 Cr | Investors: Ngc Trading Limited |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Kurinji Trust Seller: 2 individuals |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Seros Shipping Private 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
Seros Shipping Private Limited has 3 court cases on record: 1 filed by Seros Shipping, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri. S.S. Shah, Govt. Labour Officer, Surat | Disposed |
| High Court, GUJARAT | Court case (AS) | Filed by the company against an individual | Disposed |
To see the full case history of Seros Shipping Private 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.
MSME payment delays
Seros Shipping Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 140 overdue payments to 39 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Truship Marine Corporation | |||
| an individual supplier | |||
| Popular Electric | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Seros Shipping Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Seros Shipping has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Equiptrans Logistics Private Limited | U60230GJ2015PTC082768 |
To see the full group structure of Seros Shipping Private Limited, buy the company report.
Employees & EPFO
Seros Shipping Private Limited has a workforce of 18 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Seros Shipping has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCE6558P1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seros Shipping Private Limited, buy the company report.
Recent activity
Seros Shipping Private Limited has 8 board changes on record since 2014: 6 appointments and 2 cessations. The latest: Rounak Agarwal was appointed as Director on 05 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Seros Shipping is an active private limited company based in Surat, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 26 March 2014 (12+ years old) and is registered under CIN U61200GJ2014PTC079390.
Seros Shipping has 4 current directors:
- Punit Prakash - Whole-Time Director
- Ashish Agarwal - Director
- Subhas Radhashyam Das - Director
- Rounak Agarwal - Director
The latest financial statements of Seros Shipping on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Seros Shipping is 24AADCE6558P1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Seros Shipping is U61200GJ2014PTC079390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seros Shipping has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Seros Shipping was incorporated on 26 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Seros Shipping has 9 deals on record (4 secondary share transfers, 3 convertible or debt financings, 1 funding round), with disclosed funding of ₹144.6 Cr; the latest was in January 2024.
Rounak Agarwal was appointed as Director on 05 Sep 2023. Subhas Radhashyam Das was appointed as Director on 05 Sep 2023. Ashish Agarwal was appointed as Director on 12 Oct 2018. Seros Shipping has 8 board changes on record in total.
Seros Shipping has 9 MSME Form 1 returns on record between 2019 and 2023, listing 140 overdue payments to 39 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Seros Shipping can be reached through the website seros.in. Its registered office is in Surat, Gujarat, India.