Vinayak Shipping Services Private Limited
About Vinayak Shipping Services Private Limited
Data last updated:
Vinayak Shipping Services Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 28 October 2010.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U63012MP2010PTC024644. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹93 Lakh and a paid-up capital of ₹91.52 Lakh. It was led by directors Mandar Joglekar (Managing Director) and Aboli Joglekar.
Its last annual general meeting (AGM) was held on 08 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 511 The Mark 20 – A Old Palasia Saket Square, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.47 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹2.86 Lakh (net margin -82.5%) and EBITDA of ₹68,254 (EBITDA margin 19.7%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 6% over five years.
Company details
Contact details
Vinayak Shipping Services Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address511 The Mark 20 – A Old Palasia Saket Square, Indore, Madhya Pradesh, India – 452001
- IndustryTransport and Logistics, Shipping & Maritime Services, Integrated & Diversified Logistics Services
To see the full contact details of Vinayak Shipping Services 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 Vinayak Shipping Services 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 Vinayak Shipping Services Private Limited, buy the company report.
Financials of Vinayak Shipping Services Private Limited
FY 2023 filings availableVinayak Shipping Services Private Limited reported revenue of ₹3.47 Lakh (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 16% fall in the latest year. EBITDA fell 83% 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 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 | ₹3.47 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹68,254 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.86 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | -82.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vinayak Shipping Services Private Limited, buy the company report.
Board of directors of Vinayak Shipping Services Private Limited
Vinayak Shipping Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aboli Joglekar Also directs: Vinayak Shipping Services LLP | Director | 28 Oct 2010 | 15 Years 11 Months | As last reported |
| Mandar Joglekar | Managing Director | 28 Oct 2010 | 15 Years 11 Months | As last reported |
Auditor
Vinayak Shipping Services Private Limited is audited by Rajendra Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajendra Goyal & Co. | FY 2023 | 001256C |
Shareholding
The shareholding of Vinayak Shipping Services 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 Vinayak Shipping Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vinayak Shipping Services 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 Vinayak Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinayak Shipping Services 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 Vinayak Shipping Services Private Limited, buy the company report.
Recent activity
Vinayak Shipping Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Jaiprakash Parasnath Singh ceased to be Additional Director on 29 Sep 2014.
Frequently asked questions
Vinayak Shipping Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vinayak Shipping Services was a private limited company based in Indore, Madhya Pradesh, India. The company worked in shipping and maritime services, within the transport and logistics industry. It was incorporated on 28 October 2010 and is registered under CIN U63012MP2010PTC024644. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vinayak Shipping Services is U63012MP2010PTC024644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinayak Shipping Services had 2 directors:
- Mandar Joglekar - Managing Director
- Aboli Joglekar - Director
Vinayak Shipping Services was incorporated on 28 October 2010. It is registered with the Registrar of Companies, Gwalior.
The registered office of Vinayak Shipping Services is at 511 The Mark 20 – A Old Palasia Saket Square, Indore, Madhya Pradesh, India – 452001.
The latest financial statements of Vinayak Shipping Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 08 May 2023. Year-wise statements from 2015 are in the company report.
No. Vinayak Shipping Services has 1 GST registration on record and it is cancelled or inactive.
Vinayak Shipping Services operated in the transport and logistics industry, in the shipping and maritime services segment.
Jaiprakash Parasnath Singh ceased to be Additional Director on 29 Sep 2014. Mithlesh Kumar ceased to be Additional Director on 29 Sep 2014. Anil Kaul ceased to be Additional Director on 30 Nov 2011. Vinayak Shipping Services has 5 board changes on record in total.