Maritime Services Private Limited
About Maritime Services Private Limited
Data last updated:
Maritime Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the cargo services segment of the transport and logistics sector. It was incorporated on 26 July 1963.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1963PTC012685. Its GSTIN is 27AAACM2897E2ZC (Maharashtra). The company held 8 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7.95 Lakh. It was led by directors including Prem Fatehchand Vazirani (Managing Director) and Saju Prem Vazirani.
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 was at 405 Floor – 4 Plot – 289 Emca House Shahid Bhagat Singh Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.15 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Cr (net margin 23.7%) and EBITDA of -₹1.15 Cr (EBITDA margin -18.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 19% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹1.12 Cr and satisfied charges of ₹16.47 Cr on record. Court records list 32 cases involving the company, including 10 filed by the company and 22 filed against it; 5 cases are pending.
Company details
Contact details
Maritime Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address405 Floor – 4 Plot – 289 Emca House Shahid Bhagat Singh Road Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Maritime Services 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
Financials of Maritime Services Private Limited
FY 2024 filings availableMaritime Services Private Limited reported revenue of ₹6.15 Cr (up 26% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.15 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.46 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.8% | ||||
| Net Profit Margin | 23.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Maritime Services Private Limited, buy the company report.
Board of directors of Maritime Services Private Limited
Maritime Services has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saju Prem Vazirani Also directs: Robinsons (Bombay) LLP, Robinsons (Bombay) Private Limited | Director | 01 Sep 1980 | 46 Years 1 Months | As last reported |
| Priya Darshan Shah Also directs: Robinsons (Bombay) LLP | Director | 12 Nov 2012 | 13 Years 11 Months | As last reported |
| Bhavna Tariq Vaidya | Director | 01 Nov 2010 | 15 Years 11 Months | As last reported |
| Prem Fatehchand Vazirani | Managing Director | 07 Feb 2007 | 19 Years 8 Months | As last reported |
| Tushar Prem Vazirani | Director | 23 Feb 2007 | 19 Years 8 Months | As last reported |
Auditor
Maritime Services Private Limited is audited by JVJ & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JVJ & Co. | FY 2022 | 141427W |
Shareholding
The shareholding of Maritime Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maritime Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2021 | 100511256 | Hdfc Bank Limited | ₹14 Lakh | Satisfied | |
| 21 Sep 2012 | 10379236 | Kotak Mahindra Bank Limited | ₹11.83 Cr | Satisfied | |
| 08 Feb 2012 | 10337503 | Kotak Mahindra Bank Limited | ₹4.5 Cr | Satisfied |
To see the full charge records of Maritime Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Maritime Services Private Limited has 32 court cases on record: 10 filed by Maritime Services, 22 filed against it. 5 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 13 | 4 |
| High courts | 14 | 9 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Trans Pacific Logistics Pvt Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Chandigarh | Court case (CRR) | Filed against the company | Pending |
| District court, Palwal, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed by the company against individuals | Pending |
To see the full case history of Maritime Services Private Limited, 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 Maritime Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Maritime Services has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Robinsons (Bombay) Private Limited | U63040MH1974PTC018022 |
To see the full group structure of Maritime Services Private Limited, buy the company report.
Employees & EPFO
Maritime Services Private Limited has a workforce of 1 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Maritime Services has 8 GST registrations: 2 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2897E2ZC | Maharashtra | Active | 01 Jul 2017 |
| 24AAACM2897E2ZI | Gujarat | Active | 17 Jan 2018 |
To see the full GST registrations and return filing status of Maritime Services Private Limited, buy the company report.
Recent activity
Maritime Services Private Limited has 10 board changes on record since 1980: 5 appointments and 5 cessations. The latest: Anil Mohanlal Vazirani ceased to be Managing Director on 05 Jun 2015.
7 earlier events are in the company report.
Frequently asked questions
Maritime Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Maritime Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in cargo services, within the transport and logistics industry. It was incorporated on 26 July 1963 and is registered under CIN U63040MH1963PTC012685. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Maritime Services was incorporated on 26 July 1963. It is registered with the Registrar of Companies, Mumbai.
Maritime Services had 5 directors:
- Prem Fatehchand Vazirani - Managing Director
- Saju Prem Vazirani - Director
- Priya Darshan Shah - Director
- Bhavna Tariq Vaidya - Director
- Tushar Prem Vazirani - Director
The CIN (Corporate Identification Number) of Maritime Services is U63040MH1963PTC012685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Maritime Services is at 405 Floor – 4 Plot – 289 Emca House Shahid Bhagat Singh Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Maritime Services 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 Maritime Services is 27AAACM2897E2ZC, registered in Maharashtra. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 24AAACM2897E2ZI (Gujarat).
Maritime Services operated in the transport and logistics industry, in the cargo services segment.
Maritime Services has 32 court cases on record: 10 filed by the company and 22 filed against it. 5 are pending. Most are in the district courts.