MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0097051
Veer Marine Pvt Ltd
Veer Marine Pvt Ltd - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.11 Cr
▼ 53% YoY
Net profit · FY 2025
₹2.87 Lakh
Net margin 2.6%
EBITDA · FY 2025
₹50.58 Lakh
EBITDA margin 45.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹5.8 Cr
Company age
20 yrs
Est. 2006
Directors on board
4
As per MCA filings
About Veer Marine Pvt Ltd
Data last updated:
Veer Marine Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 22 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63012MH2006PTC165723. Its GSTIN is 27AACCV8244J1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ashok Arjun Jagtap and Tejaswini Ashok Jagtap.
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 Union Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.11 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 2.6%) and EBITDA of ₹50.58 Lakh (EBITDA margin 45.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹5.8 Cr on record.
Veer Marine Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0097051). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U63012MH2006PTC165723
Registration Number 165723
Incorporation Date 22 November 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0097051
Key People
Rajendra Laxman More Additional Director Ashok Arjun Jagtap Director Tejaswini Ashok Jagtap Director Recognitions & Rankings of Veer Marine
Contact details
Veer Marine Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101/A Gagangiri Premises Co – Op Hsg. Soc. Union Park Road Off Carter Road Khar (W, ), Mumbai, Maharashtra, India – 400052
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Veer Marine Pvt Ltd, buy the company report.
Comprehensive company report
Veer Marine Pvt Ltd - 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
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Business activity
The main business activity of Veer Marine is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Veer Marine Pvt Ltd, buy the company report.
Financials of Veer Marine Pvt Ltd
FY 2025 filings availableVeer Marine Pvt Ltd reported revenue of ₹1.11 Cr (down 53% YoY) for FY 2025.
Revenue · FY 2025
₹1.11 Cr ▼ 53%
Net profit · FY 2025
₹2.87 Lakh margin 2.6%
EBITDA · FY 2025
₹50.58 Lakh margin 45.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 17%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 22%
5 years · compounded
▲ 5%
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 65% 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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| Total Expenses | |||||
| EBITDA | ₹50.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 45.6% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veer Marine Pvt Ltd, buy the company report.
Board of directors of Veer Marine Pvt Ltd
Veer Marine has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Laxman More Also directs: Season Nine Cable Network Private Limited, Manaslu Properties Private Limited, Jayeei Real Estate Private Limited and 4 more | Additional Director | 08 Jan 2022 | 4 Years 9 Months | Current |
| Ashok Arjun Jagtap | Director | 22 Nov 2006 | 19 Years 11 Months | Current |
| Tejaswini Ashok Jagtap | Director | 22 Nov 2006 | 19 Years 11 Months | Current |
| Manali Ashok Jagtap Also directs: Swaraj Real Estate Services Private Limited, Namitech Helio LLP, Namitech Flux LLP and 2 more | Director | 08 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Veer Marine Pvt Ltd is audited by N R AGRAWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R AGRAWAL & CO. | FY 2023 | 100143W |
Shareholding
The shareholding of Veer Marine Pvt Ltd 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 Veer Marine Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
₹5.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2023 | 100670701 | Bank of India | ₹12 Cr | Open | |
| 10 Apr 2012 | 10349225 | The City Co-Operative Bank Limited | ₹75 Lakh | Satisfied | |
| 28 Jul 2011 | 10302366 | The City Co-Operative Bank Limited- Mumbai | ₹5 Lakh | Satisfied | |
| 16 Jun 2011 | 10294768 | The Saraswat Co.Op Bank Ltd. | ₹4.25 Cr | Satisfied | |
| 09 Oct 2010 | 10249817 | The City Co-Operative Bank Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Veer Marine Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Veer Marine Pvt Ltd 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 Veer Marine Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veer Marine has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV8244J1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veer Marine Pvt Ltd, buy the company report.
Recent activity
Veer Marine Pvt Ltd has 4 board changes on record since 2006: 4 appointments. The latest: Rajendra Laxman More was appointed as Additional Director on 08 Jan 2022.
AGM
Veer Marine Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veer Marine Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Bank Of India amounted to Rs. 1,200.00 Lakh with Charge ID 100670701 was registered on 06 Jan 2023.
Appointed
Rajendra Laxman More was appointed as Additional Director.
Charges
A charge registered on 10 Apr 2012 via Charge ID 10349225 with The City Co-Operative Bank Limited was fully satisfied on 28 Aug 2021.
Charges
A charge registered on 28 Jul 2011 via Charge ID 10302366 with The City Co-Operative Bank Limited- Mumbai was fully satisfied on 28 Aug 2021.
Charges
A charge registered on 09 Oct 2010 via Charge ID 10249817 with The City Co-Operative Bank Limited was fully satisfied on 28 Aug 2021.
Charges
A charge registered on 16 Jun 2011 via Charge ID 10294768 with The Saraswat Co.Op Bank Ltd. was fully satisfied on 13 Jul 2015.
Charges
A charge with The City Co-Operative Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 10349225 was registered on 10 Apr 2012.
Charges
A charge with The City Co-Operative Bank Limited of Rs. 75.00 Lakh registered on 10 Apr 2012 with Charge ID 10349225 was modified on 10 Apr 2012.
Charges
A charge with The City Co-Operative Bank Limited- Mumbai amounted to Rs. 5.00 Lakh with Charge ID 10302366 was registered on 28 Jul 2011.
Charges
A charge with The Saraswat Co.Op Bank Ltd. amounted to Rs. 425.00 Lakh with Charge ID 10294768 was registered on 16 Jun 2011.
5 earlier events are in the company report.
Frequently asked questions
Veer Marine is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 22 November 2006 (20+ years old) and is registered under CIN U63012MH2006PTC165723.
Veer Marine has 4 current directors:
- Rajendra Laxman More - Additional Director
- Ashok Arjun Jagtap - Director
- Tejaswini Ashok Jagtap - Director
- Manali Ashok Jagtap - Director
The latest financial statements of Veer Marine 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 Veer Marine is 27AACCV8244J1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veer Marine is U63012MH2006PTC165723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veer Marine was incorporated on 22 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajendra Laxman More was appointed as Additional Director on 08 Jan 2022. Manali Ashok Jagtap was appointed as Director on 08 Oct 2010. Ashok Arjun Jagtap was appointed as Director on 22 Nov 2006. Veer Marine has 4 board changes on record in total.
Yes, Veer Marine is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0097051).
The registered office of Veer Marine is at 101A Gagangiri Premises Co – Op Hsg. Soc. Union Park Road Off Carter Road Khar W, , Mumbai, Maharashtra, India – 400052.
Veer Marine operates in the transport and logistics industry, in the shipbroking and shipping agency services segment.
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