MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0138522
Shippax Cargo Solutions Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.24 Cr
▼ 27% YoY
Net profit · FY 2024
₹5.8 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹8.57 Lakh
EBITDA margin 3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Shippax Cargo Solutions Private Limited
Data last updated:
Shippax Cargo Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 29 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2021PTC154958. Its GSTIN is 29ABHCS3879E1ZU (Karnataka). 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 ₹20,000. It is led by directors Rajathi and Raja Kanthan Reeta.
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 No.184/1 Hoysala Nagar 3rd Cross Horamavu, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.24 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹5.8 Lakh (net margin 2.6%) and EBITDA of ₹8.57 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Shippax Cargo Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0138522). For more details, the company can be reached via its website shippax.in.
Company details
CIN U63030KA2021PTC154958
Registration Number 154958
Incorporation Date 29 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0138522
Key People
Rajathi Director Raja Kanthan Reeta Director Recognitions & Rankings of Shippax Cargo Solutions
Contact details
Shippax Cargo Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is shippax.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.184/1 Hoysala Nagar 3rd Cross Horamavu, Bangalore, Karnataka, India – 560043
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Shippax Cargo Solutions Private Limited, buy the company report.
Comprehensive company report
Shippax Cargo Solutions 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 Shippax Cargo Solutions is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation |
To see the full business activity and turnover split of Shippax Cargo Solutions Private Limited, buy the company report.
Financials of Shippax Cargo Solutions Private Limited
FY 2025 filings availableShippax Cargo Solutions Private Limited reported revenue of ₹2.24 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹2.24 Cr ▼ 27%
Net profit · FY 2024
₹5.8 Lakh margin 2.6%
EBITDA · FY 2024
₹8.57 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
EBITDA CAGR growth
1 year
▼ 27%
Revenue fell 27% in the latest year. EBITDA fell 27% 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 |
|---|---|---|---|
| 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 | ₹8.57 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.8 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.8% | ||
| Net Profit Margin | 2.6% | ||
| 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 Shippax Cargo Solutions Private Limited, buy the company report.
Board of directors of Shippax Cargo Solutions Private Limited
Shippax Cargo Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajathi | Director | 29 Nov 2021 | 4 Years 11 Months | Current |
| Raja Kanthan Reeta | Director | 29 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Shippax Cargo Solutions Private Limited is audited by MUGILAN & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUGILAN & COMPANY | FY 2023 | 025926S |
Shareholding
The shareholding of Shippax Cargo Solutions 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 Shippax Cargo Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2023 | 100738097 | Canara Bank | ₹75 Lakh | Open |
To see the full charge records of Shippax Cargo Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shippax Cargo Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by M/S Inext Logistics and Supply Chain Pvt Ltd | Disposed |
To see the full case history of Shippax Cargo Solutions 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
No delayed payments to MSME suppliers are on our record for Shippax Cargo Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shippax Cargo Solutions Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Shippax Cargo Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABHCS3879E1ZU | Karnataka | Active | 23 Dec 2021 |
| 33ABHCS3879E1Z5 | Tamil Nadu | Active | 15 Dec 2022 |
To see the full GST registrations and return filing status of Shippax Cargo Solutions Private Limited, buy the company report.
Recent activity
Shippax Cargo Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Raja Kanthan Reeta was appointed as Director on 29 Nov 2021.
AGM
Shippax Cargo Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 75.00 Lakh registered on 20 Jun 2023 with Charge ID 100738097 was modified on 26 Sep 2025.
Filing
Shippax Cargo Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 75.00 Lakh with Charge ID 100738097 was registered on 20 Jun 2023.
Appointed
Raja Kanthan Reeta was appointed as Director.
Appointed
Rajathi was appointed as Director.
Incorporation
29 Nov 2021
Shippax Cargo Solutions Private Limited was registered on 29 Nov 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Frequently asked questions
Shippax Cargo Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 29 November 2021 (5+ years old) and is registered under CIN U63030KA2021PTC154958.
Shippax Cargo Solutions has 2 current directors:
- Rajathi - Director
- Raja Kanthan Reeta - Director
The latest financial statements of Shippax Cargo Solutions 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 2022 are in the company report.
The GSTIN of Shippax Cargo Solutions is 29ABHCS3879E1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33ABHCS3879E1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Shippax Cargo Solutions is U63030KA2021PTC154958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shippax Cargo Solutions has 1 court case on record: 1 filed against it.
Shippax Cargo Solutions was incorporated on 29 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Raja Kanthan Reeta was appointed as Director on 29 Nov 2021. Rajathi was appointed as Director on 29 Nov 2021.
Yes, Shippax Cargo Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0138522).
Shippax Cargo Solutions can be reached through the website shippax.in. Its registered office is in Bangalore, Karnataka, India.
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