Varuna Shipping Private Limited
About Varuna Shipping Private Limited
Data last updated:
Varuna Shipping Private Limited is a private limited company based in Kalyan East, Maharashtra, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2017PTC289726. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sharath Shivdasan Nair (Managing Director) and Mohit Nair Ravindran.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Kairali Park Flat No.701 Near Jaibai Road Katemanivali, Kalyan East, Maharashtra, India – 421306.
As per the financials filed for FY 2019, the company reported a revenue of ₹73,970, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh (net margin -218.2%) and EBITDA of -₹1.53 Lakh (EBITDA margin -207.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varuna Shipping Private Limited's registered office is in Kalyan East, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressKairali Park Flat No.701 Near Jaibai Road Katemanivali, Kalyan East, Maharashtra, India – 421306
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Varuna Shipping 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
Financials of Varuna Shipping Private Limited
FY 2019 filings availableVaruna Shipping Private Limited reported revenue of ₹73,970 (down 33% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year. EBITDA rose 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹73,970 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.53 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.61 Lakh | ||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -207.2% | ||
| Net Profit Margin | -218.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| 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 Varuna Shipping Private Limited, buy the company report.
Board of directors of Varuna Shipping Private Limited
Varuna Shipping has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Nair Ravindran | Director | 18 Jan 2017 | 9 Years 9 Months | Current |
| Sharath Shivdasan Nair | Managing Director | 18 Jan 2017 | 9 Years 9 Months | Current |
| Soni Kumari Also directs: Taimai International LLP | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Varuna Shipping 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 Varuna Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varuna Shipping has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Varuna Shipping Private Limited, buy the company report.
Recent activity
Varuna Shipping Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Soni Kumari was appointed as Director on 09 Dec 2019.
Frequently asked questions
Varuna Shipping is an active private limited company based in Kalyan East, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U63030MH2017PTC289726.
Varuna Shipping has 3 current directors:
- Sharath Shivdasan Nair - Managing Director
- Mohit Nair Ravindran - Director
- Soni Kumari - Director
The latest financial statements of Varuna Shipping on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Varuna Shipping has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Varuna Shipping is U63030MH2017PTC289726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varuna Shipping was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Soni Kumari was appointed as Director on 09 Dec 2019. Mohit Nair Ravindran was appointed as Director on 18 Jan 2017. Sharath Shivdasan Nair was appointed as Managing Director on 18 Jan 2017.
The registered office of Varuna Shipping is at Kairali Park Flat No.701 Near Jaibai Road Katemanivali, Kalyan East, Maharashtra, India – 421306.
Varuna Shipping operates in the engineering industry, in the marine and naval engineering segment.
The compliance status of Varuna Shipping is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.