Shipping Times (India) Pvt Ltd
About Shipping Times (India) Pvt Ltd
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Shipping Times (India) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the print media and publishing segment of the media and publishing sector. It was incorporated on 17 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22110MH1987PTC043788. Its GSTIN is 27AAACS6738G1Z7 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹98.43 Lakh. It is led by directors including Kunal Nikhil Modi and Nikhil Nagindas Modi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.38 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Cr (net margin 29.5%) and EBITDA of ₹2.72 Cr (EBITDA margin 36.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹3.06 Cr and satisfied charges of ₹4.02 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shipping Times (India) Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKailashpati Bldg Plot No. 10 Block A 1st Floor Off Veera Desai Road Behind Balaji Tele, Films Ltd., Mumbai, Maharashtra, India – 400053
- IndustryMedia and Publishing, Print Media & Publishing
To see the full contact details of Shipping Times (India) Pvt Ltd, 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 activities of Shipping Times (India) are transportation and storage, real estate activities and manufacturing. In detail, this covers warehousing and support activities for transportation, real estate activities and manufacture of food products. 3 activity segments are registered with the MCA.
| 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 | |
| L | Real estate activities | 68 | Real estate activities | |
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Shipping Times (India) Pvt Ltd, buy the company report.
Financials of Shipping Times (India) Pvt Ltd
FY 2024 filings availableShipping Times (India) Pvt Ltd reported revenue of ₹7.38 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 52% 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 | ₹2.72 Cr | ||||
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| Net Profit (PAT) | ₹2.18 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 | 36.8% | ||||
| Net Profit Margin | 29.5% | ||||
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To see the full financial statements and ratios of Shipping Times (India) Pvt Ltd, buy the company report.
Board of directors of Shipping Times (India) Pvt Ltd
Shipping Times (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Nikhil Modi Also directs: Exim Multimedia LLP, Exim Multimedia (India) Private Limited | Director | 16 May 2007 | 19 Years 5 Months | Current |
| Nikhil Nagindas Modi Also directs: Exim Multimedia LLP, Exim Multimedia (India) Private Limited | Director | 17 Jun 1987 | 39 Years 4 Months | Current |
| Dipti Nikhil Modi Also directs: Exim Multimedia LLP, Exim Multimedia (India) Private Limited | Director | 17 Jun 1987 | 39 Years 4 Months | Current |
Auditor
Shipping Times (India) Pvt Ltd is audited by HARESH J. MEHTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARESH J. MEHTA & CO. | FY 2022 | 046887 |
Shareholding
The shareholding of Shipping Times (India) Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shipping Times (India) Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2015 | 10600325 | State Bank of India | ₹3.06 Cr | Open | |
| 02 Apr 2014 | 10503200 | Hdfc Bank Limited | ₹1.01 Cr | Satisfied | |
| 27 Feb 2008 | 10091230 | Standard Chartered Bank | ₹2.7 Cr | Satisfied | |
| 13 Aug 1992 | 90225868 | Canara Bank | ₹9.46 Lakh | Satisfied | |
| 13 Aug 1992 | 90222076 | Canara Bank | ₹9.46 Lakh | Satisfied |
To see the full charge records of Shipping Times (India) Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Shipping Times (India) Pvt Ltd has 3 court cases on record: 3 filed by Shipping Times (India). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Shipping Times (India) Pvt Ltd, 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 Shipping Times (India) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shipping Times (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6738G1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shipping Times (India) Pvt Ltd, buy the company report.
Recent activity
Shipping Times (India) Pvt Ltd has 4 board changes on record since 1987: 3 appointments and 1 cessation. The latest: Gautam Nikhil Modi ceased to be Director on 14 Jun 2019.
13 earlier events are in the company report.
Frequently asked questions
Shipping Times (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in print media and publishing, within the media and publishing industry. It was incorporated on 17 June 1987 (39+ years old) and is registered under CIN U22110MH1987PTC043788.
Shipping Times (India) has 3 current directors:
- Kunal Nikhil Modi - Director
- Nikhil Nagindas Modi - Director
- Dipti Nikhil Modi - Director
The latest financial statements of Shipping Times (India) 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 Shipping Times (India) is 27AAACS6738G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shipping Times (India) is U22110MH1987PTC043788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shipping Times (India) has 3 court cases on record: 3 filed by the company.
Shipping Times (India) was incorporated on 17 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Gautam Nikhil Modi ceased to be Director on 14 Jun 2019. Kunal Nikhil Modi was appointed as Director on 16 May 2007. Dipti Nikhil Modi was appointed as Director on 17 Jun 1987. Shipping Times (India) has 4 board changes on record in total.
The registered office of Shipping Times (India) is at Kailashpati Bldg Plot No. 10 Block A 1st Floor Off Veera Desai Road Behind Balaji Tele, Films Ltd., Mumbai, Maharashtra, India – 400053.
Shipping Times (India) operates in the media and publishing industry, in the print media and publishing segment.
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