MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-13-0001186
V Arjoon Shipping Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹261.2 Cr
▲ 85% YoY
Net profit · FY 2025
₹6.17 Cr
Net margin 2.4%
EBITDA · FY 2025
₹10.75 Cr
EBITDA margin 4.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.3 Cr
Issued & subscribed
Open charges
₹15.3 Cr
Satisfied ₹74.55 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings
About V Arjoon Shipping Private Limited
Data last updated:
V Arjoon Shipping Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 03 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1999PTC118614. Its GSTIN is 27AABCV9048H2ZZ (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.3 Cr. It was formerly known as V.Arjoon Forwarders Private Limited and V Arjoon Shipping Limited. It is led by directors Jai Tushar Anam and Gordhan Karamchand Bhawnani.
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 405 Cts No.337/1 Sai Samartha Deonar Village Road, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹261.2 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Cr (net margin 2.4%) and EBITDA of ₹10.75 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹15.3 Cr and satisfied charges of ₹74.55 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in March 2017. Its 6 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 3 larger and 3 smaller; the largest is Seaport Cargo Logistics Private Limited with revenue of ₹267.36 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier.
V Arjoon Shipping Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0001186). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varjoon.com.
Company details
CIN U63090MH1999PTC118614
Registration Number 118614
Incorporation Date 03 March 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-13-0001186
Name history
V Arjoon Shipping has undergone 2 name changes throughout its history. The company was previously known as V.Arjoon Forwarders Private Limited, and V Arjoon Shipping Limited. The current legal name is V Arjoon Shipping Private Limited.
| Company Name | Status |
|---|---|
| V Arjoon Shipping Private Limited | Current |
| V.Arjoon Forwarders Private Limited | Previous |
| V Arjoon Shipping Limited | Previous |
CIN history
V Arjoon Shipping has one previous CIN (Corporate Identification Number): U63090MH1999PLC118614. The current CIN is U63090MH1999PTC118614, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090MH1999PTC118614 | Current |
| U63090MH1999PLC118614 | Previous |
Recognitions & Rankings of V Arjoon Shipping
Contact details
V Arjoon Shipping Private Limited's registered office is in Mumbai, Maharashtra. Its website is varjoon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address405 Cts No.337/1 Sai Samartha Deonar Village Road, Mumbai, Maharashtra, India – 400088
- IndustryTransport and Logistics, Cargo Services, Integrated & Diversified Logistics Services, Carrying & Forwarding Agents (CFA)
To see the full contact details of V Arjoon Shipping Private Limited, buy the company report.
Comprehensive company report
V Arjoon Shipping Private 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
Business activity
The main business activity of V Arjoon Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation and land transport via road. 2 activity segments are registered with the MCA.
| 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 | |
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of V Arjoon Shipping Private Limited, buy the company report.
Financials of V Arjoon Shipping Private Limited
FY 2025 filings availableV Arjoon Shipping Private Limited reported revenue of ₹261.2 Cr (up 85% YoY) for FY 2025.
Revenue · FY 2025
₹261.2 Cr ▲ 85%
Net profit · FY 2025
₹6.17 Cr margin 2.4%
EBITDA · FY 2025
₹10.75 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 5%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 150%
3 years · compounded
▲ 4%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 85% growth in the latest year. EBITDA rose 150% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.17 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 V Arjoon Shipping Private Limited, buy the company report.
Board of directors of V Arjoon Shipping Private Limited
V Arjoon Shipping has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Tushar Anam Also directs: Fairdeal Freight Solutions Limited | Director | 06 Dec 2005 | 20 Years 11 Months | Current |
| Gordhan Karamchand Bhawnani | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
V Arjoon Shipping Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| Seaport Cargo Logistics Private Limited | ₹267.36 Cr (FY 2025) | 258.0% | Vijayawada, Andhra Pradesh, India | |||
| Subham Freight Carriers India Private Limited | ₹265.05 Cr (FY 2024) | -4.0% | Shriperambudur, Tamil Nadu, India | |||
| Apl Logistics (India) Private Limited | ₹262.54 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| V Arjoon Shipping Private Limitedthis company | ₹261.2 Cr (FY 2025) | ₹6.17 Cr | 2.4% | 85.0% | Mumbai, Maharashtra, India | |
| Neptune Logitek Limited | ₹260.74 Cr (FY 2025) | 48.0% | Gandhidham, Gujarat, India | |||
| Timescan Logistics (India) Limited | ₹258.17 Cr (FY 2025) | 28.0% | Chennai, Tamil Nadu, India | |||
| Apexglobal Forwarders India Private Limited | ₹256.5 Cr (FY 2025) | 211.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of V Arjoon Shipping Private Limited, buy the company report.
Auditor
V Arjoon Shipping Private Limited is audited by SHARMA SHAH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA SHAH & ASSOCIATES | FY 2024 | 109978W |
Shareholding
The shareholding of V Arjoon Shipping Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V Arjoon Shipping Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.3 Cr
Satisfied charges
₹74.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101188638 | Hdfc Bank Limited | ₹1.95 Cr | Open | |
| 12 May 2025 | 101091184 | Hdfc Bank Limited | ₹21.7 Lakh | Open | |
| 11 Jan 2024 | 100854523 | Others | ₹2.5 Cr | Open | |
| 16 Mar 2023 | 100759155 | Hdfc Bank Limited | ₹51 Lakh | Open | |
| 10 Mar 2023 | 100706509 | Others | ₹2.5 Cr | Open |
To see the full charge records of V Arjoon Shipping Private Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
V Arjoon Shipping Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in March 2017.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹2.5 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jul 2009 | Funding round | ₹2.5 Cr | Investors: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
V Arjoon Shipping Private Limited has 2 court cases on record: 1 filed by V Arjoon Shipping, 1 filed against it. All cases are pending.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OJA) | Filed against the company by Polaris Shipping Ltd. Inc. | Pending |
| High Court, GUJARAT | Court case (AS) | Filed by the company against an individual | Pending |
To see the full case history of V Arjoon Shipping 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.
MSME payment delays
V Arjoon Shipping Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of V Arjoon Shipping Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
V Arjoon Shipping has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Associated companies
GST
V Arjoon Shipping has 6 GST registrations: 3 active and 3 cancelled or inactive.
Total GSTINs
6
Active
3
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV9048H2ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AABCV9048H3ZY | Maharashtra | Active | 01 Apr 2025 |
| 24AABCV9048H1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V Arjoon Shipping Private Limited, buy the company report.
Recent activity
V Arjoon Shipping Private Limited has 10 board changes on record since 1999: 6 appointments and 4 cessations. The latest: Tushar Hiralal Anam ceased to be Director on 18 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.95 Cr with Charge ID 101188638 was registered on 25 Nov 2025.
AGM
V Arjoon Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 101091184 was registered on 12 May 2025.
Charges
A charge registered on 31 Dec 2021 via Charge ID 100529433 with Hdfc Bank Limited was fully satisfied on 07 Apr 2025.
Filing
V Arjoon Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 26 Oct 2020 via Charge ID 100381637 with Others was fully satisfied on 09 Dec 2024.
Charges
A charge registered on 18 Nov 2021 via Charge ID 100505893 with Hdfc Bank Limited was fully satisfied on 08 Nov 2024.
Charges
A charge registered on 23 Nov 2020 via Charge ID 100413444 with Hdfc Bank Limited was fully satisfied on 08 Oct 2024.
Ceased
Tushar Hiralal Anam ceased to be Director.
Appointed
Gordhan Karamchand Bhawnani was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100854523 was registered on 11 Jan 2024.
Charges
A charge registered on 13 Jun 2019 via Charge ID 100268873 with Others was fully satisfied on 19 Aug 2023.
55 earlier events are in the company report.
Frequently asked questions
V Arjoon Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 03 March 1999 (27+ years old) and is registered under CIN U63090MH1999PTC118614.
V Arjoon Shipping has 2 current directors:
- Jai Tushar Anam - Director
- Gordhan Karamchand Bhawnani - Director
The latest financial statements of V Arjoon Shipping 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 V Arjoon Shipping is 27AABCV9048H2ZZ, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCV9048H3ZY (Maharashtra), 24AABCV9048H1Z6 (Gujarat).
The CIN (Corporate Identification Number) of V Arjoon Shipping is U63090MH1999PTC118614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V Arjoon Shipping has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
V Arjoon Shipping was incorporated on 03 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
V Arjoon Shipping has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in March 2017.
The peers of V Arjoon Shipping by revenue are Seaport Cargo Logistics Private Limited, Subham Freight Carriers India Private Limited, Apl Logistics (India) Private Limited, Neptune Logitek Limited, Timescan Logistics (India) Limited and 1 more, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Tushar Hiralal Anam ceased to be Director on 18 Jun 2024. Gordhan Karamchand Bhawnani was appointed as Director on 01 Apr 2024. Sagar Ashwin Anam ceased to be Director on 30 Aug 2016. V Arjoon Shipping has 10 board changes on record in total.
Yes, V Arjoon Shipping is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-13-0001186).
V Arjoon Shipping has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.
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