About Simar Port Private Limited
Data last updated:
Simar Port Private Limited is a private limited company based in Kodinar, Gujarat, India, a subsidiary of Sp Ports Private Limited. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 17 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35110GJ2008PTC054507. Its GSTIN is 24AAMCS4072M1ZX (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1,210 Cr and a paid-up capital of ₹953.93 Cr. It was formerly known as Simar Port Limited. It is led by directors including Nitin Bhalchandra Bondre (Whole-Time Director) and Kekoo Homji Colah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kodinar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.14 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹40.21 Cr and EBITDA of -₹33.34 Cr (EBITDA margin -467.3%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹1,215 Cr on record. Court records list 22 cases involving the company, including 7 filed by the company and 4 filed against it; 7 cases are pending. The company has 16 deals on record (6 secondary share transfers, 5 funding rounds, 5 rights issues), with disclosed funding of ₹235.18 Cr; the latest was in September 2024. Its 10 peer companies in the Infrastructure industry (Ports) are compared by revenue, 5 larger and 5 smaller; the largest is MMP International Private Limited with revenue of ₹9.68 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 57 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sp-group.co.in.
CIN History of Simar Port Private Limited
Simar Port has one previous CIN (Corporate Identification Number): U35110GJ2008PLC054507. The current CIN is U35110GJ2008PTC054507, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35110GJ2008PTC054507 | Current |
| U35110GJ2008PLC054507 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressLand Survey Number 840/P1/P5 Village Chhara, Gir Somnath, Kodinar, Gujarat, India – 362720
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
- 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 Simar Port Private Limited
The main business activity of Simar Port is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Simar Port Private Limited FY 2025 filings available
Simar Port Private Limited reported revenue of ₹7.14 Cr (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Simar Port Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 66% fall in the latest year. EBITDA fell 265% 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 Simar Port 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 | -₹33.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹40.21 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 of Simar Port Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -467.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Simar Port 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 Simar Port Private Limited
Simar Port has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kekoo Homji Colah | Director | 07 Dec 2016 | 9 Years 10 Months | Current |
| Nitin Bhalchandra Bondre | Whole-Time Director | 14 Mar 2019 | 7 Years 7 Months | Current |
| Kalpesh Kiritbhai Vithlani | Nominee Director | 26 Nov 2020 | 5 Years 10 Months | Current |
| Mukundan Srinivasan | Director | 30 Jul 2009 | 17 Years 2 Months | Current |
| Jai Laxmikant Mavani | Director | 07 Dec 2016 | 9 Years 10 Months | Current |
Peer Comparison of Simar Port Private Limited
Simar Port Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Ports). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MMP International Private Limited | ₹9.68 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Mumbai, Maharashtra, India |
| Meluha Newinfra Private Limited | ₹8.86 Cr (FY 2025) | •••• | •••• | 3317.0% | •••• | Jaipur, Rajasthan, India |
| Chowgule Ports & Infrastructure Private Limited | ₹8.69 Cr (FY 2017) | •••• | •••• | -79.0% | •••• | Ratnagiri, Maharashtra, India |
| Port and Sea Expert Shipping Private Limited | ₹8.42 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Ahmedabad, Gujarat, India |
| Arendal Subsea Private Limited | ₹8.1 Cr (FY 2023) | •••• | •••• | •••• | Tuticorin, Tamil Nadu, India | |
| Simar Port Private Limited this company | ₹7.14 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Kodinar, Gujarat, India |
| Adani Vizag Coal Terminal Private Limited | ₹7.03 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | Ahmedabad, Gujarat, India |
| Navayuga Port Projects Private Limited | ₹7.02 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Sealand Ports Private Limited | ₹6.7 Cr (FY 2025) | •••• | •••• | 30336.0% | •••• | Mumbai, Maharashtra, India |
| India Ports & Logistics Private Limited | ₹5.35 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Matsya Shipping & Ports Private Limited | ₹4.97 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Simar Port by revenue in the Infrastructure industry (Ports), 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 Simar Port Private Limited
Simar Port Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | 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 Simar Port 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 Simar Port Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2018 | Others | ₹100 Cr | Open |
| 14 Aug 2017 | Sbicap Trustee Company Limited | ₹1,215 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Simar Port Private Limited
Simar Port Private Limited has 16 deals on record (6 secondary share transfers, 5 funding rounds, 5 rights issues), with disclosed funding of ₹235.18 Cr; the latest was in September 2024.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Rights issue | ₹54.17 Cr | Investors: Shapoorji Pallonji Infrastructure Capital Company Private Limited |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji Infrastructure Capital Company Private Limited & Nitin Bondre, Shapoorji Pallonji Infrastructure Capital Company Private Limited & Shankar Krishnan Subramanian, Shapoorji Pallonji Infrastructure Capital Company Private Limited Seller: Sp Ports Private Limited & Shankar Krishnan Subramanian, SP Ports Private Limited & Nitin Bondre, SP Ports Private Limited |
| Apr 2022 | Rights issue | ₹247.43 Cr | Investors: SP Ports Private Limited |
| May 2021 | Rights issue | ₹265.48 Cr | Investors: SP Ports Private Limited |
| Apr 2020 | Rights issue | ₹92.04 Cr | Investors: SP Ports Private Limited |
Full deal history
All 16 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.
Legal Cases of Simar Port Private Limited
Simar Port Private Limited has 22 court cases on record: 7 filed by Simar Port, 4 filed against it, 11 where it is another party. 7 cases are pending and 15 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 0 | 4 |
| District courts | 6 | 4 | 3 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gir Somnath at Veraval, Gujarat | Court case (RCA) | Filed against the company by an individual | Pending |
| District court, Gir Somnath at Veraval, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
| District court, Gir Somnath at Veraval, Gujarat | Civil suit | Company is another party | Pending |
| Madras High Court | Appeal | Filed by the company against an individual | Disposed |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Simar Port Private Limited
Simar Port Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 57 overdue payments to 8 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sbicap Trustee Company Limited | •••• | •••• | •••• |
| FP India Project Management Consultancy Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| MRB & Associates | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Simar Port Private Limited
Simar Port Private Limited has a workforce of 11 employees as of Apr 02, 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.
Recent Activity on Simar Port Private Limited
Simar Port Private Limited has 16 board changes on record since 2009: 5 appointments and 11 cessations. The latest: Kalpesh Kiritbhai Vithlani was appointed as Nominee Director on 26 Nov 2020.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Simar Port 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.
Subsidiaries & Group Companies of Simar Port 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 Simar Port Private Limited
Simar Port has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCS4072M1ZX | Gujarat | Active | 01 Jul 2017 |
| 27AAMCS4072M1ZR | Maharashtra | Active | 01 Jul 2017 |
| 27AAMCS4072M2ZQ | Maharashtra | Active | 01 Apr 2025 |
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 Simar Port 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.
Related news about Simar Port Private Limited
Frequently Asked Questions about Simar Port Private Limited
Simar Port is an active private limited company based in Kodinar, Gujarat, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 17 July 2008 (18+ years old) and is registered under CIN U35110GJ2008PTC054507.
Simar Port reported revenue of ₹7.14 Cr for FY 2025 (down 66% YoY).
Simar Port has 5 current directors:
- Nitin Bhalchandra Bondre - Whole-Time Director
- Kekoo Homji Colah - Director
- Kalpesh Kiritbhai Vithlani - Nominee Director
- Mukundan Srinivasan - Director
- Jai Laxmikant Mavani - Director
Simar Port reported a net loss of ₹40.21 Cr and EBITDA of -₹33.34 Cr (EBITDA margin -467.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simar Port is -22% over three years and -13% over five years. In the latest year (FY 2025) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simar Port is 24AAMCS4072M1ZX, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAMCS4072M1ZR (Maharashtra), 27AAMCS4072M2ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Simar Port is U35110GJ2008PTC054507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simar Port has 22 court cases on record: 7 filed by the company and 4 filed against it. 7 are pending. Most are in the high courts.
Simar Port was incorporated on 17 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Simar Port has 16 deals on record (6 secondary share transfers, 5 funding rounds, 5 rights issues), with disclosed funding of ₹235.18 Cr; the latest was in September 2024.
The peers of Simar Port by revenue are MMP International Private Limited, Meluha Newinfra Private Limited, Chowgule Ports & Infrastructure Private Limited, Port and Sea Expert Shipping Private Limited, Arendal Subsea Private Limited and 5 more, all in the Infrastructure industry (Ports).
Kalpesh Kiritbhai Vithlani was appointed as Nominee Director on 26 Nov 2020. Nitin Bhalchandra Bondre was appointed as Whole-Time Director on 14 Mar 2019. Nitin Bhalchandra Bondre ceased to be Additional Director on 14 Mar 2019. Simar Port has 16 board changes on record in total.