MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-10-0003316
United Shippers Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹23.69 Cr
▲ 43% YoY
Net loss · FY 2023
₹3.03 Cr
Net margin -12.8%
EBITDA · FY 2023
-₹7.99 Cr
EBITDA margin -33.7%
Authorised capital
₹60.5 Cr
Registered with MCA
Paid-up capital
₹3.59 Cr
Issued & subscribed
Open charges
₹14.56 Cr
Satisfied ₹253.59 Cr
Company age
74 yrs
Est. 1952
Employees · EPFO
1
Provident fund records
About United Shippers Limited
Data last updated:
United Shippers Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Oricon Enterprises Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 11 November 1952 and has been in existence for over 74 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35110MH1952PLC009445. Its GSTIN is 27AAACU0764C1ZN (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹60.5 Cr and a paid-up capital of ₹3.59 Cr. It was formerly known as United Shippers Private Limited. It is led by directors including Adarsh Rajendra Somani (Managing Director) and Nupur Somani Adarsh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prospect Chambers 3rd Floor 3rd Floor D. N. Road.Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.69 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹3.03 Cr (net margin -12.8%) and EBITDA of -₹7.99 Cr (EBITDA margin -33.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 41% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: United Shippers. As per MCA filings, the company has open charges of ₹14.56 Cr and satisfied charges of ₹253.59 Cr on record. Court records list 505 cases involving the company, including 34 filed by the company and 471 filed against it; 33 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2022.
United Shippers Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0003316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unitedshippers.com.
Company details
CIN U35110MH1952PLC009445
Registration Number 009445
Incorporation Date 11 November 1952
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Oricon Enterprises Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-10-0003316
CIN history
United Shippers has one previous CIN (Corporate Identification Number): U35110MH1952PTC009445. The current CIN is U35110MH1952PLC009445, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35110MH1952PLC009445 | Current |
| U35110MH1952PTC009445 | Previous |
Key People
Adarsh Rajendra Somani Managing Director Nupur Somani Adarsh Whole-Time Director Suhrid Susheel Somani Whole-Time Director Recognitions & Rankings of United Shippers
Contact details
United Shippers Limited's registered office is in Mumbai, Maharashtra. Its website is unitedshippers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressProspect Chambers 3rd Floor 3rd Floor D. N. Road.Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of United Shippers Limited, buy the company report.
Comprehensive company report
United Shippers Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
United Shippers operates one associated brand: United Shippers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Maritime shipping and transportation services are provided globally. | unitedshippers.com |
Business activity
The main business activity of United Shippers 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 United Shippers Limited, buy the company report.
Financials of United Shippers Limited
FY 2025 filings availableUnited Shippers Limited reported revenue of ₹23.69 Cr (up 43% YoY) for FY 2023.
Revenue · FY 2023
₹23.69 Cr ▲ 43%
Net loss · FY 2023
₹3.03 Cr margin -12.8%
EBITDA · FY 2023
-₹7.99 Cr margin -33.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▼ 56%
5 years · compounded
▼ 41%
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 41%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.03 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.7% | ||||
| Net Profit Margin | -12.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 United Shippers Limited, buy the company report.
Board of directors of United Shippers Limited
United Shippers has 5 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Rajendra Somani Also directs: Claridge Energy LLP, Oricon Enterprises Limited, Debonair Publications Private Limited and 5 more | Managing Director | 09 Aug 2022 | 4 Years 2 Months | Current |
| Balkishan Udairam Toshniwal Also directs: Suyash Holding and Estate Developers LLP, Oriental Containers Limited, Tecnocap Oriental Private Limited and 1 more | Director | 09 Aug 2022 | 4 Years 2 Months | Current |
| Nupur Somani Adarsh | Whole-Time Director | 01 May 2024 | 2 Years 6 Months | Current |
| Mamta Ashok Biyani Also directs: Oricon Enterprises Limited, Image Commercials LLP, Damodar Industries Limited and 3 more | Director | 01 Jul 2024 | 2 Years 4 Months | Current |
| Suhrid Susheel Somani Also directs: United Shippers Logistics Limited, G Claridge and Company Limited, Kopran Lifestyle Limited and 5 more | Whole-Time Director | 06 Sep 1996 | 30 Years 2 Months | Current |
Auditor
United Shippers Limited is audited by BATLIBOI & PUROHIT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BATLIBOI & PUROHIT | FY 2023 | 101048W |
Shareholding
The shareholding of United Shippers 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of United Shippers Limited, buy the company report.
Charges & borrowings
Open charges
₹14.56 Cr
Satisfied charges
₹253.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2004 | 90166848 | Icici Bank Ltd. | ₹54.86 Lakh | Open | |
| 15 Mar 2004 | 90164454 | Icici Bank Ltd. | ₹10 Lakh | Open | |
| 17 Aug 2000 | 90164063 | Centurion Bank Limited | ₹3 Lakh | Open | |
| 01 Feb 2000 | 90163979 | Canara Bank | ₹8.5 Cr | Open | |
| 02 Aug 1996 | 90163402 | Bank Internasional Indonesia | ₹1.8 Cr | Open |
To see the full charge records of United Shippers Limited, buy the company report.
Total charge records: 60 View all charges
Deals & funding
United Shippers Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2022.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Oricon Enterprises Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
United Shippers Limited has 505 court cases on record: 34 filed by United Shippers, 471 filed against it. 33 cases are pending and 472 are disposed.
Total cases
505
Filed by the company
34
Filed against the company
471
Pending
33
Disposed
472
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 440 | 433 | 25 |
| High courts | 57 | 32 | 7 |
| Supreme Court | 7 | 6 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 505)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Essar Power Gujarat Limited | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Bhatia Global Trading Ltd. (in Liquidation) S/D/W/Thru:- Not Applicable Through Its Liquidator, Mr. Prawincharan Prafulcharan Dwary, ,Indore , Madhya Pradesh | Disposed |
| High Court, GUJARAT | Court case (OJA) | Filed by the company against Asian Natural Resources (India) Ltd. and 1 other | Disposed |
| High Court | Court case (CSTAY) | Filed by the company against Hindustan Zinc Ltd. | Disposed |
| High Court | Appeal | Filed by the company against Hindustan Zinc Ltd. | Disposed |
To see the full case history of United Shippers 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
United Shippers Limited was last rated by Crisil on 30 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Oct 2019 |
To see the full credit ratings and regulatory alerts of United Shippers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for United Shippers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
United Shippers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| United Shippers Logistics Limited | U61200MH2020PLC346342 |
To see the full group structure of United Shippers Limited, buy the company report.
Employees & EPFO
United Shippers Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
Employee count
1
Active EPFO establishments
2
Employee growth
-91.67%
GST
United Shippers has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU0764C1ZN | Maharashtra | Active | 01 Jul 2017 |
| 27AAACU0764C2ZM | Maharashtra | Active | 10 Jul 2017 |
| 24AAACU0764C1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of United Shippers Limited, buy the company report.
Recent activity
United Shippers Limited has 37 board changes on record since 1996: 5 appointments and 32 cessations. The latest: Mamta Ashok Biyani ceased to be Additional Director on 18 Sep 2024.
AGM
United Shippers Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
United Shippers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mamta Ashok Biyani ceased to be Additional Director.
Appointed
Mamta Ashok Biyani was appointed as Director.
Appointed
Nupur Somani Adarsh was appointed as Whole-Time Director.
Ceased
Nupur Somani Adarsh ceased to be Additional Director.
Ceased
Nagendra Ramakishan Agarwal ceased to be Company Secretary.
Ceased
Suhrid Susheel Somani ceased to be Director.
Ceased
Adarsh Rajendra Somani ceased to be Additional Director.
Ceased
Balkishan Udairam Toshniwal ceased to be Additional Director.
Appointed
Adarsh Rajendra Somani was appointed as Managing Director.
Appointed
Balkishan Udairam Toshniwal was appointed as Director.
146 earlier events are in the company report.
Frequently asked questions
United Shippers is an active public 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 11 November 1952 (74+ years old) and is registered under CIN U35110MH1952PLC009445.
United Shippers has 5 current directors:
- Adarsh Rajendra Somani - Managing Director
- Nupur Somani Adarsh - Whole-Time Director
- Suhrid Susheel Somani - Whole-Time Director
- Balkishan Udairam Toshniwal - Director
- Mamta Ashok Biyani - Director
The latest financial statements of United Shippers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of United Shippers is 27AAACU0764C1ZN, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACU0764C2ZM (Maharashtra), 24AAACU0764C1ZT (Gujarat).
The CIN (Corporate Identification Number) of United Shippers is U35110MH1952PLC009445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
United Shippers has 505 court cases on record: 34 filed by the company and 471 filed against it. 33 are pending. Most are in the district courts.
United Shippers was incorporated on 11 November 1952, making it 74+ years old. It is registered with the Registrar of Companies, Mumbai.
United Shippers has 1 deal on record (1 secondary share transfer); the latest was in December 2022.
Mamta Ashok Biyani ceased to be Additional Director on 18 Sep 2024. Mamta Ashok Biyani was appointed as Director on 01 Jul 2024. Nupur Somani Adarsh was appointed as Whole-Time Director on 01 May 2024. United Shippers has 37 board changes on record in total.
Yes, United Shippers is registered as an MSME under Udyam registration (number: UDYAM-GJ-10-0003316).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages