MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-02-0000735
Shipteck Marine Solutions Private Limited - transport and logistics in Vasco Da Gama, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹78.02 Cr
▲ 32% YoY
Net profit · FY 2025
₹2.87 Cr
Net margin 3.7%
EBITDA · FY 2025
₹4.44 Cr
EBITDA margin 5.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9.38 Cr
Satisfied ₹32.5 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
67
Provident fund records
About Shipteck Marine Solutions Private Limited
Data last updated:
Shipteck Marine Solutions Private Limited is a private limited company based in Vasco Da Gama, Goa, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 15 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U61100GA2012PTC007047. Its GSTIN is 30AASCS0678M1ZU (Goa). The company holds 3 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 Shashi Kumar and Sidhit Venkatesh Pai Raiturkar.
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 Ground Floor Sushila Sadan Behind Hotel Sanman Vaddem Vasco Da Ga, Goa.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.02 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 3.7%) and EBITDA of ₹4.44 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 64% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shipteck. As per MCA filings, the company has open charges of ₹9.38 Cr and satisfied charges of ₹32.5 Lakh on record.
Shipteck Marine Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000735). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shipteck.com.
Company details
CIN U61100GA2012PTC007047
Registration Number 007047
Incorporation Date 15 September 2012
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-02-0000735
Key People
Shashi Kumar Director Sidhit Venkatesh Pai Raiturkar Director Neil Franciseulalio Fernandes Director Recognitions & Rankings of Shipteck Marine Solutions
Contact details
Shipteck Marine Solutions Private Limited's registered office is in Vasco Da Gama, Goa. Its website is shipteck.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Sushila Sadan Behind Hotel Sanman Vaddem Vasco Da Ga, Ma Goa, Vasco Da Gama, Goa, India – 403802
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Shipteck Marine Solutions Private Limited, buy the company report.
Comprehensive company report
Shipteck Marine 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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Brands
Shipteck Marine Solutions operates one associated brand: Shipteck. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Maritime services including ship conversion, crew manning, and repair works are provided by Shipteck in India. | shipteck.com |
Business activity
The main business activity of Shipteck Marine Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Shipteck Marine Solutions Private Limited, buy the company report.
Financials of Shipteck Marine Solutions Private Limited
FY 2024 filings availableShipteck Marine Solutions Private Limited reported revenue of ₹78.02 Cr (up 32% YoY) for FY 2025.
Revenue · FY 2025
₹78.02 Cr ▲ 32%
Net profit · FY 2025
₹2.87 Cr margin 3.7%
EBITDA · FY 2025
₹4.44 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 65%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 60%
5 years · compounded
▲ 60%
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 32% growth in the latest year. EBITDA rose 31% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Cr | ||||
| Balance Sheet | |||||
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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 | 5.7% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Shipteck Marine Solutions Private Limited, buy the company report.
Board of directors of Shipteck Marine Solutions Private Limited
Shipteck Marine Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Kumar Also directs: Vasheni Shipyard LLP, Shipfit Marine Services Private Limited | Director | 15 Sep 2012 | 14 Years 1 Months | Current |
| Sidhit Venkatesh Pai Raiturkar | Director | 15 Sep 2012 | 14 Years 1 Months | Current |
| Neil Franciseulalio Fernandes Also directs: Fixcore Solutions Private Limited | Director | 15 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Shipteck Marine Solutions Private Limited is audited by KENI & DHUMATKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KENI & DHUMATKAR | FY 2023 | 118141W |
Shareholding
The shareholding of Shipteck Marine Solutions 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 Shipteck Marine Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.38 Cr
Satisfied charges
₹32.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101171346 | Yes Bank Limited | ₹7.61 Cr | Open | |
| 18 Sep 2021 | 100479959 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 14 May 2020 | 100336650 | Others | ₹27 Lakh | Open | |
| 17 Oct 2022 | 100624028 | Others | ₹32.5 Lakh | Satisfied |
To see the full charge records of Shipteck Marine Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Shipteck Marine Solutions 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
Shipteck Marine Solutions Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 10 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vedam Design & Technical Consultancy Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Shipteck Marine Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shipteck Marine Solutions Private Limited has a workforce of 67 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
15.52%
GST
Shipteck Marine Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AASCS0678M1ZU | Goa | Active | 01 Jul 2017 |
| 24AASCS0678M1ZN | Gujarat | Active | 01 Jul 2017 |
| 27AASCS0678M1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shipteck Marine Solutions Private Limited, buy the company report.
Recent activity
Shipteck Marine Solutions Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Shashi Kumar ceased to be Director on 05 Sep 2021.
Charges
A charge with Yes Bank Limited of Rs. 761.00 Lakh registered on 13 Aug 2025 with Charge ID 101171346 was modified on 28 Oct 2025.
Charges
A charge registered on 17 Oct 2022 via Charge ID 100624028 with Others was fully satisfied on 03 Sep 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 761.00 Lakh with Charge ID 101171346 was registered on 13 Aug 2025.
AGM
Shipteck Marine Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shipteck Marine Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge with Axis Bank Limited of Rs. 150.00 Lakh registered on 18 Sep 2021 with Charge ID 100479959 was modified on 08 Nov 2022.
Charges
A charge with Others amounted to Rs. 32.50 Lakh with Charge ID 100624028 was registered on 17 Oct 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100479959 was registered on 18 Sep 2021.
Ceased
Shashi Kumar ceased to be Director.
Charges
A charge with Others amounted to Rs. 27.00 Lakh with Charge ID 100336650 was registered on 14 May 2020.
Ceased
Amol Vallabh Salvi ceased to be Director.
Appointed
Neil Franciseulalio Fernandes was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Shipteck Marine Solutions is an active private limited company based in Vasco Da Gama, Goa, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 15 September 2012 (14+ years old) and is registered under CIN U61100GA2012PTC007047.
Shipteck Marine Solutions has 3 current directors:
- Shashi Kumar - Director
- Sidhit Venkatesh Pai Raiturkar - Director
- Neil Franciseulalio Fernandes - Director
The latest financial statements of Shipteck Marine Solutions 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 Shipteck Marine Solutions is 30AASCS0678M1ZU, registered in Goa. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AASCS0678M1ZN (Gujarat), 27AASCS0678M1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Shipteck Marine Solutions is U61100GA2012PTC007047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shipteck Marine Solutions was incorporated on 15 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Goa.
Shashi Kumar ceased to be Director on 05 Sep 2021. Amol Vallabh Salvi ceased to be Director on 16 Apr 2014. Neil Franciseulalio Fernandes was appointed as Director on 15 Sep 2012. Shipteck Marine Solutions has 5 board changes on record in total.
Yes, Shipteck Marine Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GA-02-0000735).
Shipteck Marine Solutions has 10 MSME Form 1 returns on record between 2019 and 2023, listing 10 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 Aug 2023.
Shipteck Marine Solutions can be reached through the website shipteck.com. Its registered office is in Vasco Da Gama, Goa, India.
The registered office of Shipteck Marine Solutions is at Ground Floor Sushila Sadan Behind Hotel Sanman Vaddem Vasco Da Ga, Ma Goa, Vasco Da Gama, Goa, India – 403802.
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