- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0044991

About Shipway Technology Private Limited
Data last updated:
Shipway Technology Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 06 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300HR2015PTC056319. Its GSTIN is 06AAWCS0385B1Z8 (Haryana).
The company has an authorised share capital of ₹1.52 Lakh and a paid-up capital of ₹1.45 Lakh. It is led by directors including Sairee Chahal and Bharat Venishetti.
Its last annual general meeting (AGM) was held on 30 April 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sector 67, Gurgaon, Haryana.
As per the financials filed for FY 2026, the company reported a revenue of ₹85.19 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹3.59 Cr (net margin -4.2%) and EBITDA of -₹1.7 Cr (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years and 78% over five years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: The ConvertWay, Ezyslips and Shipway. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.8 Cr; the latest was in December 2024.
Shipway Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0044991). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shipway.com.
Company details
Recognitions & Rankings of Shipway Technology
Contact details
Shipway Technology Private Limited's registered office is in Gurgaon, Haryana. Its website is shipway.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Tower B M3M, Urbana Business Park Sector 67, Gurgaon, Haryana, India – 122101
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Shipway Technology Private Limited, 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
Brands
Shipway Technology operates multiple associated brands including The ConvertWay, Ezyslips, and Shipway. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marketing automation tool for SMS and WhatsApp campaigns in eCommerce. | theconvertway.com | |
| Offers shipping solutions for e-commerce businesses to automate deliveries and reduce costs. | ezyslips.com | |
| Multi-carrier eCommerce shipping solutions are offered by Shipway. | shipway.com |
Business activity
The main business activities of Shipway Technology are transportation and storage and transport and storage. In detail, this covers postal and courier activities and postal & courier activities. 2 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 | 53 | Postal and courier activities | |
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Shipway Technology Private Limited, buy the company report.
Financials of Shipway Technology Private Limited
FY 2026 filings availableShipway Technology Private Limited reported revenue of ₹85.19 Cr (up 31% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 31% growth in the latest year. EBITDA rose 84% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹85.19 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.59 Cr | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | -4.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shipway Technology Private Limited, buy the company report.
Board of directors of Shipway Technology Private Limited
Shipway Technology has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Venishetti Also directs: Unicommerce Esolutions Limited, Teci Foundation | Nominee Director | 19 Dec 2024 | 1 Years 10 Months | Current |
| Sairee Chahal Also directs: Septtres Founders Ventures LLP, Unicommerce Esolutions Limited, Acevector Limited and 3 more | Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Prankur Chaturvedi | Nominee Director | 19 Dec 2024 | 1 Years 10 Months | Current |
| Saurabh Kumar Choudhary | Nominee Director | 19 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Shipway Technology Private Limited is audited by J C Bhalla & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J C Bhalla & Co | FY 2026 | 001111N |
Shareholding
The shareholding of Shipway Technology Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shipway Technology Private Limited, buy the company report.
Deals & funding
Shipway Technology Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.8 Cr; the latest was in December 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Unicommerce Esolutions Limited Seller: Tradezeal Online Private Limited , 3 individuals |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Unicommerce Esolutions Limited Seller: Tradezeal Online Private Limited , 3 individuals |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: Unicommerce Esolutions Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Shipway Technology Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shipway Technology 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 Shipway Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shipway Technology Private Limited has a workforce of 150 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 150 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Shipway Technology Private Limited, buy the company report.
GST
Shipway Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAWCS0385B1Z8 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shipway Technology Private Limited, buy the company report.
Recent activity
Shipway Technology Private Limited has 8 board changes on record since 2015: 6 appointments and 2 cessations. The latest: Sairee Chahal was appointed as Director on 30 Apr 2025.
News
Frequently asked questions
Shipway Technology is an active private limited company based in Gurgaon, Haryana, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 06 August 2015 (11+ years old) and is registered under CIN U72300HR2015PTC056319.
Shipway Technology has 4 current directors:
- Bharat Venishetti - Nominee Director
- Sairee Chahal - Director
- Prankur Chaturvedi - Nominee Director
- Saurabh Kumar Choudhary - Nominee Director
The latest financial statements of Shipway Technology on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 April 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Shipway Technology is 06AAWCS0385B1Z8, registered in Haryana.
The CIN (Corporate Identification Number) of Shipway Technology is U72300HR2015PTC056319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shipway Technology was incorporated on 06 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Shipway Technology has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.8 Cr; the latest was in December 2024.
Sairee Chahal was appointed as Director on 30 Apr 2025. Gaurav Gupta ceased to be Director on 31 Dec 2024. Vikas Garg ceased to be Director on 31 Dec 2024. Shipway Technology has 8 board changes on record in total.
Yes, Shipway Technology is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0044991).
Shipway Technology can be reached through the website shipway.com. Its registered office is in Gurgaon, Haryana, India.

