- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0214090

About Triton Maritime Private Limited
Data last updated:
Triton Maritime Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Triton Marine Oilfield Services Private Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 19 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2005PTC156872. Its GSTIN is 27AACCV2333E1ZN (Maharashtra).
The company has an authorised share capital of ₹46.75 Cr and a paid-up capital of ₹11.33 Cr. It was formerly known as Utsav Mall Management Company Private Limited and V.Ships Parekh Marine (India) Private Limited. It is led by directors including Chetan Jaysinh Parekh and Harsh Jaysinh Parekh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.83 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹5.61 Cr (net margin -10.1%) and EBITDA of ₹5.97 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹22 Cr and satisfied charges of ₹42.3 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it. The company has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹54.6 Cr; the latest was in March 2023. Its 3 peer companies in the Shipping industry (Shipping Services), with the same principal business activity (water transport) are compared by revenue, 1 larger and 2 smaller; the largest is Seavision Shipping Private Limited with revenue of ₹58.75 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2024, listing 34 overdue payments to 20 micro and small suppliers.
Triton Maritime Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0214090). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website triton-maritime.com.
Company details
Name history
Triton Maritime has undergone 2 name changes throughout its history. The company was previously known as Utsav Mall Management Company Private Limited, and V.Ships Parekh Marine (India) Private Limited. The current legal name is Triton Maritime Private Limited.
| Company Name | Status |
|---|---|
| Triton Maritime Private Limited | Current |
| Utsav Mall Management Company Private Limited | Previous |
| V.Ships Parekh Marine (India) Private Limited | Previous |
Recognitions & Rankings of Triton Maritime
Contact details
Triton Maritime Private Limited's registered office is in Mumbai, Maharashtra. Its website is triton-maritime.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAnchorage Cts – 275/B Village Deonar Near Amarnath Patil Ground Off. Govandi Station Rd G, Ovandi (E), Mumbai, Maharashtra, India – 400088
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Triton Maritime 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 Triton Maritime is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Triton Maritime Private Limited, buy the company report.
Financials of Triton Maritime Private Limited
FY 2025 filings availableTriton Maritime Private Limited reported revenue of ₹55.83 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 9% growth in the latest year. EBITDA fell 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.61 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | -10.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Triton Maritime Private Limited, buy the company report.
Board of directors of Triton Maritime Private Limited
Triton Maritime has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Jaysinh Parekh Also directs: Orchid Shipping Private Limited, Triton Marine Oilfield Services Private Limited, Triton Alliance LLP and 5 more | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
| Harsh Jaysinh Parekh | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
| Jaysinh Mulji Parekh Also directs: Seabridge Stevedores Private Limited, Orchid Shipping Private Limited, Triton Marine Oilfield Services Private Limited and 1 more | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Triton Maritime Private Limited is compared with the 3 companies closest to it by revenue in the Shipping industry (Shipping Services), with the same principal business activity (water transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seavision Shipping Private Limited | ₹58.75 Cr (FY 2025) | 1013.0% | Paradeep, Odisha, India | |||
| Triton Maritime Private Limitedthis company | ₹55.83 Cr (FY 2025) | -₹5.61 Cr | -10.1% | 9.0% | Mumbai, Maharashtra, India | |
| Resolve Salvage & Fire (India) Private Limited | ₹55.74 Cr (FY 2025) | -12.0% | Thane, Maharashtra, India | |||
| His Grace Management Private Limited | ₹55.64 Cr (FY 2023) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Triton Maritime Private Limited, buy the company report.
Auditor
Triton Maritime Private Limited is audited by V.K. Beswal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. Beswal & Associates | FY 2023 | 101083W |
Shareholding
The shareholding of Triton Maritime 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 Triton Maritime Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2022 | 100578837 | Others | ₹22 Cr | Open | |
| 09 May 2012 | 10361058 | State Bank of India | ₹42.3 Cr | Satisfied |
To see the full charge records of Triton Maritime Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Triton Maritime Private Limited has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹54.6 Cr; the latest was in March 2023.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Triton Marine Oilfield Services Private Limited , Triton Marine Oilfield Services Private Limited & Naresh Parekh Seller: Parekh Marine Agencies Private Limited , Parekh Marine Agencies Private Limited & Naresh Parekh |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Seabridge Marine Services Private Limited Seller: Seabridge Maritime Agencies Private Limited , Parekh Marine Agencies Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Seller: Parekh Marine Agencies Private Limited , V Ships Commercial Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Parekh Marine Agencies Private Limited Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: V Ships Commercial Limited Seller: Parekh Marine Agencies Private Limited |
To see the full deal history of Triton Maritime 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
Triton Maritime Private Limited has 9 court cases on record: 8 filed by Triton Maritime, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company by Seamec Limited | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Valentine Maritime Ltd. and Anr and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Valentine Maritime Ltd and Anr and 1 other | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Swiber Offshore Construction Pte. Ltd. and Anr and 1 other | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Swiber Offshore Construction Pte. Ltd. and Anr and Ongc Ltd (Respondent) and 2 others | Disposed |
To see the full case history of Triton Maritime 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.
Credit ratings & regulatory alerts
Triton Maritime Private Limited was last rated by Care on 04 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jan 2022 |
To see the full credit ratings and regulatory alerts of Triton Maritime Private Limited, buy the company report.
MSME payment delays
Triton Maritime Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 34 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Nass Engineering Services Private Limited | |||
| Suchna Marine Services Private Limited | |||
| Sea Linkers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Triton Maritime Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Triton Maritime has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV2333E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Triton Maritime Private Limited, buy the company report.
Recent activity
Triton Maritime Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Rushikesh Harishchandra Parekh ceased to be Additional Director on 30 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
Triton Maritime is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 19 October 2005 (21+ years old) and is registered under CIN U63090MH2005PTC156872.
Triton Maritime has 3 current directors:
- Chetan Jaysinh Parekh - Director
- Harsh Jaysinh Parekh - Director
- Jaysinh Mulji Parekh - Director
The latest financial statements of Triton Maritime 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 Triton Maritime is 27AACCV2333E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Triton Maritime is U63090MH2005PTC156872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Triton Maritime has 9 court cases on record: 8 filed by the company and 1 filed against it.
Triton Maritime was incorporated on 19 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Triton Maritime has 14 deals on record (9 secondary share transfers, 5 funding rounds), with disclosed funding of ₹54.6 Cr; the latest was in March 2023.
The peers of Triton Maritime by revenue are Seavision Shipping Private Limited, Resolve Salvage & Fire (India) Private Limited, His Grace Management Private Limited, all in the Shipping industry (Shipping Services), with the same principal business activity (water transport).
Rushikesh Harishchandra Parekh ceased to be Additional Director on 30 Nov 2021. Naresh Khatau Parekh ceased to be Director on 01 Mar 2021. Chetan Jaysinh Parekh ceased to be Additional Director on 30 Sep 2016. Triton Maritime has 8 board changes on record in total.
Yes, Triton Maritime is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0214090).
Triton Maritime has 6 MSME Form 1 returns on record between 2019 and 2024, listing 34 overdue payments to 20 micro and small suppliers. The latest return was filed on 29 Apr 2024.

