About Shrimp Improvement Systems India Private Limited
Data last updated:
Shrimp Improvement Systems India Private Limited is a foreign private limited company based in Visakhapatnam, Andhra Pradesh, India, a subsidiary of Shrimp Improvement Systems Group Pte Ltd. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 10 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05000AP2012FTC093660. Its GSTIN is 37AARCS3006L1ZZ (Andhra Pradesh).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.32 Cr. It is led by directors Hung Chu Cheng and David Anthony Leong.
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 Door No. 4 – 68 – 9 Ist Floor Lawsons Bay Colony, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.19 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.86 Cr (net margin 17.7%) and EBITDA of ₹2.95 Cr (EBITDA margin 18.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company has 7 deals on record (7 rights issues); the latest was in October 2017. Its 10 peer companies in the Agriculture industry (Fishing Industry) are compared by revenue, 5 larger and 5 smaller; the largest is Seaworth Aqua Products Pvt Ltd with revenue of ₹19.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrimpimprovement.com.
CIN History of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India has one previous CIN (Corporate Identification Number): U05000DL2012FTC234161. The current CIN is U05000AP2012FTC093660, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05000AP2012FTC093660 | Current |
| U05000DL2012FTC234161 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDoor No. 4 – 68 – 9 Ist Floor Lawsons Bay Colony, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAgriculture, Fisheries & Aquaculture
- 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
- One PDF report, delivered after checkout
Business Activity of Shrimp Improvement Systems India Private Limited
The main business activity of Shrimp Improvement Systems India is agriculture, forestry and fishing. In detail, this covers fishing and aquaculture.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 03 | Fishing and aquaculture | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shrimp Improvement Systems India Private Limited FY 2024 filings available
Shrimp Improvement Systems India Private Limited reported revenue of ₹16.19 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shrimp Improvement Systems India Private Limited
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 537% 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 of Shrimp Improvement Systems India Private Limited
| Metrics | FY 2024-25 | 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 | ₹2.95 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.86 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shrimp Improvement Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shrimp Improvement Systems India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hung Chu Cheng Also directs: Samudra Hatcheries Private Limited | Director | 04 Jun 2012 | 14 Years 4 Months | Current |
| David Anthony Leong | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
Peer Comparison of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Fishing Industry). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seaworth Aqua Products Pvt Ltd | ₹19.28 Cr (FY 2024) | •••• | •••• | 165.0% | •••• | Kolkata, West Bengal, India |
| G B Fisheries Private Limited | ₹18.69 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Thiruvananthapuram, Kerala, India |
| VRC Agro Farms Private Limited | ₹17.85 Cr (FY 2018) | •••• | •••• | -54.0% | •••• | Hyderabad, Telangana, India |
| Urvara Aqua Farm Private Limited | ₹17.59 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Valsad, Gujarat, India |
| Kvvsn Infra (India) Private Limited | ₹17.12 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Tanuku, Andhra Pradesh, India |
| Shrimp Improvement Systems India Private Limited this company | ₹16.19 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Vem Agro Tech Private Limited | ₹15.73 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Nizona Marine Products Private Limited | ₹15.67 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Manvick Sai Marine Exports Private Limited | ₹15.55 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Nellore, Andhra Pradesh, India |
| Frosta Frozen Foods Private Limited | ₹15.51 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chandiroor, Kerala, India |
| Contai Marine Fish Export Private Limited | ₹15.41 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Chaulkhola, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Shrimp Improvement Systems India by revenue in the Agriculture industry (Fishing Industry), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India Private Limited is audited by Lall & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Lall & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shrimp Improvement Systems India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India Private Limited has 7 deals on record (7 rights issues); the latest was in October 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹96.3 Lakh | Investors: Shrimp Improvement Systems Group Pte Limited |
| Aug 2017 | Rights issue | ₹1.26 Cr | Investors: Shrimp Improvement Systems Group Pte Limited |
| Mar 2017 | Rights issue | ₹2.89 Cr | Investors: Shrimp Improvement Systems Group Pte Limited |
| Dec 2016 | Rights issue | ₹3.02 Cr | Investors: Shrimp Improvement Systems Group Pte Limited |
| Jul 2016 | Rights issue | ₹2.63 Cr | Investors: Shrimp Improvement Systems Group Pte Limited |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India Private Limited has a workforce of 5 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Samudra Hatcheries Private Limited | U05005AP1994PTC018817 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Radha Dasari ceased to be Company Secretary on 02 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Shrimp Improvement Systems India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shrimp Improvement Systems India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shrimp Improvement Systems India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AARCS3006L1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shrimp Improvement Systems India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shrimp Improvement Systems India Private Limited
Shrimp Improvement Systems India is an active foreign private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 10 April 2012 (14+ years old) and is registered under CIN U05000AP2012FTC093660.
Shrimp Improvement Systems India reported revenue of ₹16.19 Cr for FY 2025 (up 45% YoY).
Shrimp Improvement Systems India has 2 current directors:
- Hung Chu Cheng - Director
- David Anthony Leong - Director
Shrimp Improvement Systems India reported a net profit of ₹2.86 Cr (net margin 17.7%) and EBITDA of ₹2.95 Cr (EBITDA margin 18.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shrimp Improvement Systems India is 11% over three years and -5% over five years. In the latest year (FY 2025) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shrimp Improvement Systems India is 37AARCS3006L1ZZ, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Shrimp Improvement Systems India is U05000AP2012FTC093660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrimp Improvement Systems India was incorporated on 10 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
Shrimp Improvement Systems India has 7 deals on record (7 rights issues); the latest was in October 2017.
The peers of Shrimp Improvement Systems India by revenue are Seaworth Aqua Products Pvt Ltd, G B Fisheries Private Limited, VRC Agro Farms Private Limited, Urvara Aqua Farm Private Limited, Kvvsn Infra (India) Private Limited and 5 more, all in the Agriculture industry (Fishing Industry).
Radha Dasari ceased to be Company Secretary on 02 Apr 2016. Alfian Lim ceased to be Additional Director on 07 Sep 2015. Dean Mikio Akiyama ceased to be Director on 16 Mar 2015. Shrimp Improvement Systems India has 6 board changes on record in total.