About SP Port Maintenance Private Limited
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SP Port Maintenance Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Sp Imperial Star Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 18 March 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC274668. Its GSTIN is 27AAXCS6219B1Z2 (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Amit Sushilkumar Saboo (Managing Director) and Kartik Uday Deuskar (Whole-Time Director).
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 Shapoorji Pallonji Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2024, the company reported a revenue of ₹222.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹199.86 Cr (net margin 89.7%) and EBITDA of ₹202.3 Cr (EBITDA margin 90.8%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years and 86% over five years.
Its group structure included 2 subsidiaries.
The company was associated with 2 brands: Shapoorji Pallonji and Shapoorji Pallonji. As per MCA filings, the company had open charges of ₹14,300 Cr and satisfied charges of ₹2,777 Cr on record. The company has 5 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹826.3 Cr; the latest was in April 2020. Its 4 peer companies in the Infrastructure industry (Ports), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 2 smaller; the largest is Vizag Seaport Private Limited with revenue of ₹251.78 Cr.
The last known website on record is shapoorji.in.
Company details
Contact details
SP Port Maintenance Private Limited's registered office is in Mumbai, Maharashtra. Its website is shapoorji.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShapoorji Pallonji Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of SP Port Maintenance 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
SP Port Maintenance operates two associated brands: Shapoorji Pallonji and Shapoorji Pallonji. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations are maintained across engineering, construction, and infrastructure sectors. | shapoorjipallonji.com | |
| End-to-end engineering and construction solutions are delivered. | shapoorji.in |
Business activity
The main business activity of SP Port Maintenance is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of SP Port Maintenance Private Limited, buy the company report.
Financials of SP Port Maintenance Private Limited
FY 2024 filings availableSP Port Maintenance Private Limited reported revenue of ₹222.91 Cr (up 1595% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹202.3 Cr | ||||
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| Net Profit (PAT) | ₹199.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.8% | ||||
| Net Profit Margin | 89.7% | ||||
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To see the full financial statements and ratios of SP Port Maintenance Private Limited, buy the company report.
Board of directors of SP Port Maintenance Private Limited
SP Port Maintenance has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darius Cyrus Patel | Director | 10 Jan 2022 | 4 Years 9 Months | As last reported |
| Kartik Uday Deuskar | Whole-Time Director | 10 Jan 2022 | 4 Years 9 Months | As last reported |
| Amit Sushilkumar Saboo Also directs: Plutus Logistics LLP, Reliance Chemotex Industries Ltd, Cisternina Logistics Private Limited and 4 more | Managing Director | 29 Jun 2016 | 10 Years 4 Months | As last reported |
| Jai Laxmikant Mavani Also directs: Superbon Advisors LLP, Forbes & Company Limited, Forbes Precision Tools and Machine Parts Limited and 5 more | Director | 29 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
SP Port Maintenance Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Ports), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vizag Seaport Private Limited | ₹251.78 Cr (FY 2025) | -9.0% | Andhra Pradesh, India | |||
| Paradip International Cargo Terminal Private Limited | ₹238.92 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| SP Port Maintenance Private Limitedthis company | ₹222.91 Cr (FY 2024) | ₹199.86 Cr | 89.7% | 1595.0% | Mumbai, Maharashtra, India | |
| PNP Maritime Services Private Limited | ₹204.7 Cr (FY 2020) | 19.0% | Mumbai, Maharashtra, India | |||
| Dakshin Bharat Gateway Terminal Private Limited | ₹190.26 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of SP Port Maintenance Private Limited, buy the company report.
Auditor
SP Port Maintenance Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of SP Port Maintenance 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 SP Port Maintenance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2020 | 100336299 | Idbi Trusteeship Services Limited | ₹1,117 Cr | Satisfied | |
| 27 May 2019 | 100269902 | Others | ₹160 Cr | Satisfied | |
| 27 Sep 2017 | 100126421 | Idbi Trusteeship Services Limited | ₹1,500 Cr | Satisfied |
To see the full charge records of SP Port Maintenance Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
SP Port Maintenance Private Limited has 5 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹826.3 Cr; the latest was in April 2020.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹714.6 Cr | Investors: SP Imperial Star Private Limited |
| Mar 2017 | Debt financing | ₹49.7 Cr | Investors: SP Imperial Star Private Limited |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: SP Imperial Star Private Limited Seller: Shapoorji Pallonji and Company Private Limited |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji and Company Private Limited Seller: an individual |
To see the full deal history of SP Port Maintenance 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 SP Port Maintenance 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 SP Port Maintenance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SP Port Maintenance has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gopalpur Ports Limited | U63032OR2006PLC008831 | |
| PNP Maritime Services Private Limited | U63090MH1999PTC121461 |
To see the full group structure of SP Port Maintenance Private Limited, buy the company report.
GST
SP Port Maintenance has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS6219B1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 21AAXCS6219B1ZE | Odisha | Active | 18 Jan 2018 |
To see the full GST registrations and return filing status of SP Port Maintenance Private Limited, buy the company report.
Recent activity
SP Port Maintenance Private Limited has 11 board changes on record since 2016: 4 appointments and 7 cessations. The latest: Darius Cyrus Patel ceased to be Additional Director on 30 Sep 2022.
10 earlier events are in the company report.
News
Frequently asked questions
SP Port Maintenance 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.
SP Port Maintenance was a private limited company based in Mumbai, Maharashtra, India. The company worked in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 18 March 2016 and is registered under CIN U74999MH2016PTC274668. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
SP Port Maintenance was incorporated on 18 March 2016. It is registered with the Registrar of Companies, Mumbai.
SP Port Maintenance had 4 directors:
- Amit Sushilkumar Saboo - Managing Director
- Kartik Uday Deuskar - Whole-Time Director
- Darius Cyrus Patel - Director
- Jai Laxmikant Mavani - Director
The CIN (Corporate Identification Number) of SP Port Maintenance is U74999MH2016PTC274668. 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 SP Port Maintenance is at Shapoorji Pallonji Centre 4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
SP Port Maintenance can be reached through the website shapoorji.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of SP Port Maintenance 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 FY 2016 are in the company report.
The GSTIN of SP Port Maintenance is 27AAXCS6219B1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAXCS6219B1ZE (Odisha).
SP Port Maintenance operated in the infrastructure and utilities industry, in the port infrastructure and development segment.
SP Port Maintenance has 5 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹826.3 Cr; the latest was in April 2020.
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