Monarays Marine Services Private Limited

Provides transportation services for various clients, including government and shipping companies.

2006 | Goa, Goa (India) | Active
Last Updated: October 24, 2024

Monarays Marine Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.82 Cr
  • Satisfied Charges ₹ 9.31 Cr
  • Revenue Growth 24.49%
  • Profit Growth 15.32%
  • Ebitda 34.14%
  • Net Worth 17.05%
  • Total Assets 33.01%

About Monarays Marine Services

Monarays Marine Services Private Limited (MMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2006 and has a history of 18 years and ten months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹19.82 Cr. The company has closed loans amounting to ₹9.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharat Seth, Satish Seth, and Chetan Seth serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    monarays.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63032GA2006PTC004585

  • Company No.

    004585

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Transport and Logistics

What products or services does Monarays Marine Services Private Limited offer?

Monarays Marine Services Private Limited offers a wide range of products and services, including Goods Transport Services, Container Transport Service.

Who are the key members and board of directors at Monarays Marine Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Bharat Seth Country flag representing In Managing Director01-May-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Satish Seth Country flag representing In Director 19-Apr-2006Current
Chetan Seth Country flag representing In Director 19-Apr-2006Current

Financial Performance of Monarays Marine Services.

Monarays Marine Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.49% increase. The company also saw a substantial improvement in profitability, with a 15.32% increase in profit. The company's net worth Soared by an impressive increase of 17.05%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.49%
Revenue from Operations
24.69%
Total Assets
33.01%
Profit or Loss
15.32%
Net Worth
17.05%
EBITDA
34.14%

What is the Ownership and Shareholding Structure of Monarays Marine Services?

In 2023, Monarays Marine Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.82 Cr

Satisfied Charges

₹9.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.33 Cr
  • Hdfc Bank Limited : 5.81 Cr
  • Ge Capital Transportation Financial Services Limited : 0.36 Cr
  • Ge Capital Transportation Financial Services Ltd : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2023Others₹2.19 CrOpen
10 Jul 2023Others₹6.97 MOpen
10 Jul 2023Others₹5.30 MOpen
08 Jun 2023Others₹1.30 CrOpen
29 Apr 2023Others₹5.30 MOpen

How Many Employees Work at Monarays Marine Services?

Monarays Marine Services has a workforce of 119 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Monarays Marine Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Monarays Marine Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Monarays Marine Services

Recent activity within the organization

  • Annual General Meeting

    Monarays Marine Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 2.19 Cr with Charge ID 100761651 was registered on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge registered on 08 May 2017 via Charge ID 100109396 with Hdfc Bank Limited was fully satisfied on 14 Jul 2023.

    14 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100745926 was registered on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.53 Cr with Charge ID 100745932 was registered on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 1.30 Cr with Charge ID 100732005 was registered on 08 Jun 2023.

    08 Jun 2023

Frequently asked questions

  • Monarays Marine Services Private Limited was incorporated on 19 Apr 2006.

  • The authorized share capital of Monarays Marine Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 3 directors are associated with Monarays Marine Services Private Limited.

    • Bharat Seth
    • Satish Seth
    • Chetan Seth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Monarays Marine Services Private Limited is Dg-4 Greva Plaza 04-B-Block, India, Zuarinagar, Goa, 403726.

  • The corporate identification number (CIN) of Monarays Marine Services Private Limited is U63032GA2006PTC004585 and the company number is 004585 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Monarays Marine Services Private Limited is https://www.monarays.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Monarays Marine Services Private Limited has risen by 24.49%.

  • As Per 2023 financial reports, 119 employees are currently employed by Monarays Marine Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Monarays Marine Services Private Limited has experienced an upsurge of 17.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Monarays Marine Services Private Limited amount to ₹ 19.82 Cr.

  • The most recent Balance Sheet for Monarays Marine Services Private Limited was filed with the ROC on 31 Mar 2023.