About Time Seaways Private Limited
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Time Seaways Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 29 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2004PTC145405. Its GSTIN is 27AACCT0078Q1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mahendra Narotamdas Kanabar and Hiren Mahendra Kanabar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 130 Mody Street8/B Lokhandwala Building 2nd Floor Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.16 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹62.75 Lakh (net margin 19.9%) and EBITDA of ₹84.91 Lakh (EBITDA margin 26.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timeseaways.com.
Company details
Contact details
Time Seaways Private Limited's registered office is in Mumbai, Maharashtra. Its website is timeseaways.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address130 Mody Street8/B Lokhandwala Building 2nd Floor Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Time Seaways 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
Business activity
The main business activity of Time Seaways is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Time Seaways Private Limited, buy the company report.
Financials of Time Seaways Private Limited
FY 2025 filings availableTime Seaways Private Limited reported revenue of ₹3.16 Cr (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 32% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹84.91 Lakh | ||||
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| Net Profit (PAT) | ₹62.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 26.9% | ||||
| Net Profit Margin | 19.9% | ||||
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To see the full financial statements and ratios of Time Seaways Private Limited, buy the company report.
Board of directors of Time Seaways Private Limited
Time Seaways has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Narotamdas Kanabar Also directs: MNK Shipping Private Limited, Taggart Enterprises Private Limited | Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Hiren Mahendra Kanabar | Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Sam Mahendra Kanabar | Director | 14 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Time Seaways Private Limited is audited by RAICHURA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAICHURA & CO | FY 2023 | 126105W |
Shareholding
The shareholding of Time Seaways Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Time Seaways Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Time Seaways 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 Time Seaways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Time Seaways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT0078Q1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Time Seaways Private Limited, buy the company report.
Recent activity
Time Seaways Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Sam Mahendra Kanabar was appointed as Director on 14 Dec 2006.
Frequently asked questions
Time Seaways is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 29 March 2004 (22+ years old) and is registered under CIN U63090MH2004PTC145405.
Time Seaways has 3 current directors:
- Mahendra Narotamdas Kanabar - Director
- Hiren Mahendra Kanabar - Director
- Sam Mahendra Kanabar - Director
The latest financial statements of Time Seaways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Time Seaways is 27AACCT0078Q1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Time Seaways is U63090MH2004PTC145405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Seaways was incorporated on 29 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Sam Mahendra Kanabar was appointed as Director on 14 Dec 2006. Hiren Mahendra Kanabar was appointed as Director on 29 Mar 2004. Mahendra Narotamdas Kanabar was appointed as Director on 29 Mar 2004.
Time Seaways can be reached through the website timeseaways.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Time Seaways is at 130 Mody Street8B Lokhandwala Building 2nd Floor Fort, Mumbai, Maharashtra, India – 400001.
Time Seaways operates in the transport and logistics industry, in the shipbroking and shipping agency services segment.
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