MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0104418
Shipal Line India Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹38.74 Cr
▼ 15% YoY
Net profit · FY 2024
₹35.82 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹59.92 Lakh
EBITDA margin 1.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.87 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Shipal Line India Private Limited
Data last updated:
Shipal Line India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 05 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2021PTC356401. Its GSTIN is 27ABFCS6144N1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Parag Ramesh Gurav and Usha Ramash Gurav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.74 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹35.82 Lakh (net margin 0.9%) and EBITDA of ₹59.92 Lakh (EBITDA margin 1.5%).
As per MCA filings, the company has open charges of ₹1.87 Cr on record.
Shipal Line India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0104418). For more details, the company can be reached via its website shipal.in.
Company details
CIN U63030MH2021PTC356401
Registration Number 356401
Incorporation Date 05 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-18-0104418
Key People
Parag Ramesh Gurav Director Usha Ramash Gurav Director Jagadeesan Satiya Rekka Additional Director Recognitions & Rankings of Shipal Line India
Contact details
Shipal Line India Private Limited's registered office is in Mumbai, Maharashtra. Its website is shipal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address509 Nirma Plaza Premises Co Op Society Ltd, Makwana Road Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Shipal Line India Private Limited, buy the company report.
Comprehensive company report
Shipal Line India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Shipal Line India 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 Shipal Line India Private Limited, buy the company report.
Financials of Shipal Line India Private Limited
FY 2025 filings availableShipal Line India Private Limited reported revenue of ₹38.74 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹38.74 Cr ▼ 15%
Net profit · FY 2024
₹35.82 Lakh margin 0.9%
EBITDA · FY 2024
₹59.92 Lakh margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
EBITDA CAGR growth
1 year
▲ 21%
Revenue fell 15% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹59.92 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹35.82 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.5% | |||
| Net Profit Margin | 0.9% | |||
| 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 Shipal Line India Private Limited, buy the company report.
Board of directors of Shipal Line India Private Limited
Shipal Line India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Ramesh Gurav Also directs: Shipal Integrated Logistics Private Limited | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Usha Ramash Gurav | Director | 01 Jan 2024 | 2 Years 10 Months | Current |
| Jagadeesan Satiya Rekka | Additional Director | 19 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Shipal Line India Private Limited is audited by CHINTANNITIN USHADEDHIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTANNITIN USHADEDHIA | FY 2023 | 142480 |
Shareholding
The shareholding of Shipal Line India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shipal Line India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101196675 | Others | ₹1.75 Cr | Open | |
| 25 Mar 2025 | 101095616 | Hdfc Bank Limited | ₹12.25 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shipal Line India 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 Shipal Line India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shipal Line India Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Shipal Line India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS6144N1ZT | Maharashtra | Active | 12 Mar 2021 |
| 33ABFCS6144N1Z0 | Tamil Nadu | Active | 25 Jun 2021 |
To see the full GST registrations and return filing status of Shipal Line India Private Limited, buy the company report.
Recent activity
Shipal Line India Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Ramesh Kisan Gurav ceased to be Director on 01 Jan 2024.
Charges
A charge with Others amounted to Rs. 175.00 Lakh with Charge ID 101196675 was registered on 31 Oct 2025.
AGM
Shipal Line India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shipal Line India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.25 Lakh with Charge ID 101095616 was registered on 25 Mar 2025.
Ceased
Ramesh Kisan Gurav ceased to be Director.
Appointed
Usha Ramash Gurav was appointed as Director.
Ceased
Vinit Kirit Patel ceased to be Director.
Ceased
Nashir Nadar Samudra Pandian ceased to be Director.
Appointed
Parag Ramesh Gurav was appointed as Director.
Appointed
Jagadeesan Satiya Rekka was appointed as Additional Director.
Incorporation
05 Mar 2021
Shipal Line India Private Limited was registered on 05 Mar 2021 with Roc Mumbai & aged 5 years 8 months as per MCA records.
Frequently asked questions
Shipal Line India is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 05 March 2021 (5+ years old) and is registered under CIN U63030MH2021PTC356401.
Shipal Line India has 3 current directors:
- Parag Ramesh Gurav - Director
- Usha Ramash Gurav - Director
- Jagadeesan Satiya Rekka - Additional Director
The latest financial statements of Shipal Line India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Shipal Line India is 27ABFCS6144N1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33ABFCS6144N1Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of Shipal Line India is U63030MH2021PTC356401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shipal Line India was incorporated on 05 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramesh Kisan Gurav ceased to be Director on 01 Jan 2024. Usha Ramash Gurav was appointed as Director on 01 Jan 2024. Vinit Kirit Patel ceased to be Director on 31 Mar 2022. Shipal Line India has 6 board changes on record in total.
Yes, Shipal Line India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0104418).
Shipal Line India can be reached through the website shipal.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shipal Line India is at 509 Nirma Plaza Premises Co Op Society Ltd, Makwana Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
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