About V Ships India Private Limited
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V Ships India Private Limited is a private limited company based in Jogeshwari West, Maharashtra, India, a subsidiary of V.Group Manpower Services. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 06 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2004PTC149831. Its GSTIN is 27AACCV3272C1ZJ (Maharashtra). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Venkatesh Varadarajan Gomatam and Ketan Madhusudan Solanki.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Windsor Corporate Park, Jogeshwari West, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.01 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 7.6%) and EBITDA of ₹7.25 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 184 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record. Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vgrouplimited.com.
Company details
Contact details
V Ships India Private Limited's registered office is in Jogeshwari West, Maharashtra. Its website is vgrouplimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWindsor Corporate Park 3rd Floor Plot 1 – A/1 A&B Wing, Best Colony Road Mhada Colony, Jogeshwari West, Maharashtra, India – 400102
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of V Ships India 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 V Ships India is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of V Ships India Private Limited, buy the company report.
Financials of V Ships India Private Limited
FY 2024 filings availableV Ships India Private Limited reported revenue of ₹48.01 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 4% 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 | ₹7.25 Cr | ||||
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| Net Profit (PAT) | ₹3.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of V Ships India Private Limited, buy the company report.
Board of directors of V Ships India Private Limited
V Ships India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Varadarajan Gomatam Also directs: Selandia Crew Management (India) Private Limited, VGG India Private Limited, Indico Maritime Services Private Limited and 3 more | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
| Ketan Madhusudan Solanki Also directs: Selandia Crew Management (India) Private Limited, VGG India Private Limited, V.Holdings Manpower Private Limited and 1 more | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Ajay Yadav Also directs: Selandia Crew Management (India) Private Limited, VGG India Private Limited, V.Holdings Manpower Private Limited and 1 more | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
| Manisha Abhijit Rane Also directs: Selandia Crew Management (India) Private Limited, VGG India Private Limited, V.Holdings Manpower Private Limited and 1 more | Director | 08 Feb 2022 | 4 Years 8 Months | Current |
Auditor
V Ships India Private Limited is audited by Ray & Ray for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ray & Ray | FY 2022 | 301072E |
Shareholding
The shareholding of V Ships India 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 V Ships India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2006 | 90365790 | Central Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of V Ships India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
V Ships India Private Limited has 23 court cases on record: 11 filed by V Ships India, 12 filed against it. 1 case is pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 5 | 1 |
| District courts | 7 | 7 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by M/S.Zenta Knowledge Services | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
| High Court | Writ petition | Filed by the company against Union of India and 4 others | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.I) | Filed against the company by individuals | Disposed |
To see the full case history of V Ships India 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
No delayed payments to MSME suppliers are on our record for V Ships India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
V Ships India has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| V.Holdings Manpower Private Limited | U74910MH2007FTC172293 |
To see the full group structure of V Ships India Private Limited, buy the company report.
Employees & EPFO
V Ships India Private Limited has a workforce of 184 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
V Ships India has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV3272C1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 32AACCV3272C1ZS | Kerala | Active | 01 Jul 2017 |
| 33AACCV3272C1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 06AACCV3272C1ZN | Haryana | Active | 10 Dec 2020 |
To see the full GST registrations and return filing status of V Ships India Private Limited, buy the company report.
Recent activity
V Ships India Private Limited has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Venkatesh Varadarajan Gomatam was appointed as Director on 16 Dec 2024.
7 earlier events are in the company report.
Frequently asked questions
V Ships India is an active private limited company based in Jogeshwari West, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 06 December 2004 (22+ years old) and is registered under CIN U63032MH2004PTC149831.
V Ships India has 4 current directors:
- Venkatesh Varadarajan Gomatam - Director
- Ketan Madhusudan Solanki - Director
- Ajay Yadav - Director
- Manisha Abhijit Rane - Director
The latest financial statements of V Ships India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of V Ships India is 27AACCV3272C1ZJ, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 32AACCV3272C1ZS (Kerala), 33AACCV3272C1ZQ (Tamil Nadu), 06AACCV3272C1ZN (Haryana).
The CIN (Corporate Identification Number) of V Ships India is U63032MH2004PTC149831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V Ships India has 23 court cases on record: 11 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
V Ships India was incorporated on 06 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Venkatesh Varadarajan Gomatam was appointed as Director on 16 Dec 2024. Manisha Abhijit Rane was appointed as Director on 08 Feb 2022. Mohammad Tarique Khan ceased to be Director on 08 Feb 2022. V Ships India has 14 board changes on record in total.
V Ships India can be reached through the website vgrouplimited.com. Its registered office is in Jogeshwari West, Maharashtra, India.
The registered office of V Ships India is at Windsor Corporate Park 3rd Floor Plot 1 – A1 A&B Wing, Best Colony Road Mhada Colony, Jogeshwari West, Maharashtra, India – 400102.