About Thar Shipping Lines LLP
Data last updated:
Thar Shipping Lines LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 10 July 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAE-3713. Its GSTIN is 29AAKFT3361R1ZA (Karnataka). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners including Kalu Ram Bohara and Sneha Choradia.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No 71 3rd Cross Lalbagh Road Sudhamanagar, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹7.77 Cr, a decline of 78% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 19% over five years.
The LLP is associated with 1 brand: Portexcel. As per MCA filings, the LLP has open charges of ₹3.51 Cr on record.
For more details, the LLP can be reached via its website portexcel.com.
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- Registered AddressNo 71 3rd Cross Lalbagh Road Sudhamanagar, Bangalore, Karnataka, India – 560027
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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
Financials of Thar Shipping Lines LLP FY 2025 filings available
Thar Shipping Lines LLP reported revenue of ₹7.77 Cr (down 78% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Thar Shipping Lines LLP
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 78% fall 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 Thar Shipping Lines LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Thar Shipping Lines LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Thar Shipping Lines are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Thar Shipping Lines LLP
Thar Shipping Lines LLP is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Its own revenue is ₹7.77 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Killick Nixon Limited | ₹7.83 Cr | ₹32.28 Lakh | -4% | -37% | Mumbai, Maharashtra, India | |
| Ishta Siddhi Vinayaka Pharma Private Limited | ₹7.83 Cr | ₹6.69 Lakh | 1% | -4% | 72 | Chennai, Tamil Nadu, India |
| Mega Pack and Carry Private Limited | ₹7.8 Cr | ₹34.84 Lakh | 4% | -16% | Pune, Maharashtra, India | |
| Delmar Total Transportation Private Limited | ₹7.79 Cr | ₹17.74 Lakh | 2% | -58% | 23 | Mumbai, Maharashtra, India |
| Prerna India Marbles Private Limited | ₹7.79 Cr | ₹8.79 Lakh | 1% | +8% | Ajmer, Rajasthan, India | |
| Thar Shipping Lines LLP this company | ₹7.77 Cr | ₹- | 0% | Bangalore, Karnataka, India | ||
| Reudan Shipping & Logistics Services Private Limited | ₹7.76 Cr | ₹19.23 Lakh | 2% | +9% | Indore, Madhya Pradesh, India | |
| Indo-Overseas Consultants Private Limited | ₹7.76 Cr | ₹9.58 Lakh | 1% | +25% | Chennai, Tamil Nadu, India | |
| Shreearihant Logistics Pvt Ltd | ₹7.73 Cr | ₹15.19 Lakh | 2% | -11% | Guwahati, Assam, India | |
| Transfreight Marine Services Private Limited | ₹7.68 Cr | ₹5.53 Lakh | 1% | +50% | 16 | Chennai 600001, Tamil Nadu, India |
| VSS Smart Shipping India Private Limited | ₹7.65 Cr | ₹1.35 Lakh | 0% | +195% | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Thar Shipping Lines by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Designated Partners of Thar Shipping Lines LLP
Thar Shipping Lines has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalu Ram Bohara | Designated Partner | 10 Jul 2015 | 11 Years 2 Months | Current |
| Sneha Choradia Also directs: Festylo India Private Limited | Designated Partner | 10 Jul 2015 | 11 Years 2 Months | Current |
| Bhagwan Das Bohra | Designated Partner | 10 Jul 2015 | 11 Years 2 Months | Current |
| Manisha Bohra | Designated Partner | 10 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Thar Shipping Lines LLP
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 Thar Shipping Lines LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | The Federal Bank Ltd | ₹20 Lakh | Open |
| 20 Sep 2018 | Standard Chartered Bank | ₹1.16 Cr | Open |
| 31 Jul 2018 | Hdfc Bank Limited | ₹2.15 Cr | Open |
Total charge records: 3 View all charges
Associated Brands with Thar Shipping Lines LLP
Thar Shipping Lines operates one associated brand: PORTEXCEL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides efficient shipping management solutions for logistics operations. | portexcel.com |
Employees and EPFO Compliance at Thar Shipping Lines LLP
Employment history and EPFO contributions of people linked to Thar Shipping Lines.
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 Thar Shipping Lines LLP
Thar Shipping Lines LLP has 4 designated partner changes on record since 2015: 4 appointments. The latest: Bhagwan Das Bohra was appointed as Designated Partner on 10 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Thar Shipping Lines LLP
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 Thar Shipping Lines LLP
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 Thar Shipping Lines LLP
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 Thar Shipping Lines LLP
Thar Shipping Lines has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKFT3361R1ZA | Karnataka | Active | 01 Jul 2017 |
| 24AAKFT3361R1ZK | Gujarat | Active | 04 Jan 2018 |
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 Thar Shipping Lines LLP
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 Thar Shipping Lines LLP
Thar Shipping Lines is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 10 July 2015 (11+ years old) and is registered under LLPIN AAE-3713.
Thar Shipping Lines reported revenue of ₹7.77 Cr for FY 2023 (down 78% YoY).
Thar Shipping Lines has 4 current designated partners:
- Kalu Ram Bohara - Designated Partner
- Sneha Choradia - Designated Partner
- Bhagwan Das Bohra - Designated Partner
- Manisha Bohra - Designated Partner
The compounded annual growth rate (CAGR) of the revenue of Thar Shipping Lines is -35% over three years and -19% over five years. In the latest year (FY 2023) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thar Shipping Lines is 29AAKFT3361R1ZA, registered in Karnataka. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAKFT3361R1ZK (Gujarat).
The LLPIN (Limited Liability Partnership Identification Number) of Thar Shipping Lines is AAE-3713. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Thar Shipping Lines was incorporated on 10 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Thar Shipping Lines by revenue are Killick Nixon Limited, Ishta Siddhi Vinayaka Pharma Private Limited, Mega Pack and Carry Private Limited, Delmar Total Transportation Private Limited, Prerna India Marbles Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Bhagwan Das Bohra was appointed as Designated Partner on 10 Jul 2015. Kalu Ram Bohara was appointed as Designated Partner on 10 Jul 2015. Manisha Bohra was appointed as Designated Partner on 10 Jul 2015. Thar Shipping Lines has 4 designated partner changes on record in total.
Yes, Thar Shipping Lines is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Thar Shipping Lines can be reached through the website portexcel.com. Its registered office is in Bangalore, Karnataka, India.