Shethia Logistics Private Limited
About Shethia Logistics Private Limited
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Shethia Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 04 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2022PTC388164. Its GSTIN is 27ABJCS1258H1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Girish Khatau Shethia and Damyanti Girish Shethia.
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 Block No. 37 Hemreshagupta Nivas Compound Mulund, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.58 Lakh (net margin 1.2%) and EBITDA of ₹1.58 Lakh (EBITDA margin 1.2%).
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- Registered AddressBlock No. 37 Hemreshagupta Nivas Compound Mulund, Mumbai, Maharashtra, India – 400080
- IndustryTransport and Logistics, Shipping & Maritime Services
- 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 Shethia Logistics Private Limited
The main business activity of Shethia Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| 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 |
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 Shethia Logistics Private Limited FY 2024 filings available
Shethia Logistics Private Limited reported revenue of ₹1.36 Cr (up 27917% YoY) for FY 2024.
Financial Statement Summary of Shethia Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹1.58 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹1.58 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 Shethia Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.2% | •••• |
| Net Profit Margin | 1.2% | •••• |
| 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 Shethia Logistics are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Shethia Logistics Private Limited
Shethia Logistics Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashit Shipping Services Pvt Ltd | ₹1.41 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Bhavnagar, Gujarat, India |
| Hyperport Logistics Solution Private Limited | ₹1.41 Cr (FY 2023) | •••• | •••• | 53.0% | •••• | Kalyan, Maharashtra, India |
| Hailin Marine & Engineering Private Limited | ₹1.39 Cr (FY 2019) | •••• | •••• | -58.0% | •••• | Ekkattuthaangal, Tamil Nadu, India |
| Bahamiko Marine Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Navi Mumbai, Maharashtra, India |
| Shah Brothers Shipping Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Shethia Logistics Private Limited this company | ₹1.36 Cr (FY 2024) | •••• | •••• | 27917.0% | •••• | Mumbai, Maharashtra, India |
| Osho Minerals (India) Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Mumbai, Maharashtra, India |
| Deepsea Navigation Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Glitter Shipping Services Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Unaone Ship Management Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Seawing Shipping Services Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | •••• | Gandhidham, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Shethia Logistics by revenue in the Shipping industry (Shipping Services), 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 Shethia Logistics Private Limited
Shethia Logistics Private Limited is audited by NIRAV DOSHI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRAV DOSHI | 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.
Board of Directors of Shethia Logistics Private Limited
Shethia Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Khatau Shethia Also directs: Shree Chemical and Ethanol India Limited | Director | 04 Aug 2022 | 4 Years 2 Months | Current |
| Damyanti Girish Shethia Also directs: Shree Chemical and Ethanol India Limited | Director | 04 Aug 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Shethia Logistics 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 Shethia Logistics Private Limited
Shethia Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shethia Logistics Private Limited
Shethia Logistics Private Limited has a workforce of 0 employees as of Apr 10, 2024.
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 Shethia Logistics Private Limited
Shethia Logistics Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Damyanti Girish Shethia was appointed as Director on 04 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Shethia Logistics 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 Shethia Logistics 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 Shethia Logistics 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 Shethia Logistics Private Limited
Shethia Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABJCS1258H1Z5 | Maharashtra | Active | 07 Nov 2022 |
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 Shethia Logistics 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 Shethia Logistics Private Limited
Shethia Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 04 August 2022 (4+ years old) and is registered under CIN U51909MH2022PTC388164.
Shethia Logistics reported revenue of ₹1.36 Cr for FY 2024 (up 27917% YoY).
Shethia Logistics has 2 current directors:
- Girish Khatau Shethia - Director
- Damyanti Girish Shethia - Director
Shethia Logistics reported a net profit of ₹1.58 Lakh (net margin 1.2%) and EBITDA of ₹1.58 Lakh (EBITDA margin 1.2%) for FY 2024, as per its filed financial statements.
The GSTIN of Shethia Logistics is 27ABJCS1258H1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shethia Logistics is U51909MH2022PTC388164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shethia Logistics was incorporated on 04 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shethia Logistics by revenue are Ashit Shipping Services Pvt Ltd, Hyperport Logistics Solution Private Limited, Hailin Marine & Engineering Private Limited, Bahamiko Marine Private Limited, Shah Brothers Shipping Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Damyanti Girish Shethia was appointed as Director on 04 Aug 2022. Girish Khatau Shethia was appointed as Director on 04 Aug 2022.
Yes, Shethia Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Shethia Logistics is at Block No. 37 Hemreshagupta Nivas Compound Mulund, Mumbai, Maharashtra, India – 400080.