Accuracy Shipping Limited

Founded in 2008 and headquartered in Gujarat, India.

2008 | Kachchh, Gujarat (India) | Active
Last Updated: December 19, 2024

Accuracy Shipping Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.06 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 201.01 Cr
  • Satisfied Charges ₹ 104.83 Cr
  • Revenue Growth -19.55%
  • Profit Growth -94.17%
  • Ebitda -30.08%
  • Net Worth 0.40%
  • Total Assets -3.02%

About Accuracy Shipping

Accuracy Shipping Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 October 2008 and has a history of 16 years and three months. Its registered office is in Kachchh, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol ACCURACY.

The Corporate was formerly known as Accuracy Shipping Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 15.06 Cr.

The company currently has active open charges totaling ₹201.01 Cr. The company has closed loans amounting to ₹104.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Accuracy Shipping Limited India are Ashish Lalwani as CFO and Shivani Palan as Company Secretary. Raj Poddar, Vinay Tripathi, Rama Tripathi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52321GJ2008PLC055322

  • Company No.

    055322

  • Stock Symbol

    NSE : ACCURACY

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

What products or services does Accuracy Shipping Limited offer?

Accuracy Shipping Limited offers a wide range of products and services, including Cargo Transportation Services, Sea Cargo Service, Clearing & Forwarding Services, Freight Forwarding Services, Forwarding & Custom Clearing, Warehouses and Warehousing Agents, Warehousing Services, Transportation Services, Full Truck Load Transport Service, Goods Transport Services.

Who are the key members and board of directors at Accuracy Shipping?

Executive Team (3)

NameDesignationAppointment DateStatus
Vinay Tripathi Country flag representing In Managing Director24-Oct-2008Current
Ashish Lalwani CFO05-Jun-2023Current
Shivani Palan Company Secretary16-Sep-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Varun Kacholia Country flag representing In Director 16-Feb-2023Current
Raj Poddar Country flag representing In Director 16-Feb-2023Current
Rama Tripathi Country flag representing In Whole-Time Director 15-Nov-2011Current
Vishal Bisen Country flag representing In Director 16-Feb-2023Current
Vikas Jain Country flag representing In Additional Director 02-Aug-2021Current

Financial Performance of Accuracy Shipping.

Accuracy Shipping Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 19.55% decrease. The company also saw a substantial fall in profitability, with a 94.17% decrease in profit. The company's net worth moved up by a moderate rise of 0.4%.

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
-19.55%
Revenue from Operations
-19.49%
Total Assets
-3.02%
Profit or Loss
-94.17%
Net Worth
0.40%
EBITDA
-30.08%

What is the Ownership and Shareholding Structure of Accuracy Shipping?

In 2024, Accuracy Shipping had a promoter holding of 63.69% and a public holding of 36.31%. 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

₹201.01 Cr

Satisfied Charges

₹104.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 98.77 Cr
  • Axis Bank Limited : 78.25 Cr
  • State Bank Of India : 19.90 Cr
  • Hdb Financial Services Limited : 3.30 Cr
  • Hdfc Bank Limited : 0.44 Cr
  • Others : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2024State Bank Of India₹9.95 CrOpen
20 Sep 2024State Bank Of India₹9.95 CrOpen
30 Mar 2024Others₹2.40 CrOpen
30 Mar 2024Others₹2.31 CrOpen
08 Feb 2024Others₹7.04 MOpen

How Many Employees Work at Accuracy Shipping?

Accuracy Shipping has a workforce of 380 employees as of Dec 19, 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 Accuracy Shipping, 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 Accuracy Shipping'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 Accuracy Shipping

Recent activity within the organization

  • Annual General Meeting

    Accuracy Shipping Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.95 Cr with Charge ID 100980617 was registered on 21 Sep 2024.

    21 Sep 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.95 Cr with Charge ID 100980619 was registered on 20 Sep 2024.

    20 Sep 2024

  • Director Appointment

    Shivani Vijay Palan was appointed as a Company Secretary was appointed as a Company Secretary on 16 Sep 2024 & has been associated with this company since 4 months 16 days .

    16 Sep 2024

  • Charges

    A charge registered on 20 Mar 2021 via Charge ID 100431561 with Others was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 26 Dec 2018 via Charge ID 100234269 with Others was fully satisfied on 28 Aug 2024.

    28 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Accuracy Shipping Limited was incorporated on 24 Oct 2008.

  • The authorized share capital of Accuracy Shipping Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.06 Cr.

  • Currently 8 directors are associated with Accuracy Shipping Limited.

    • Raj Kumar Poddar
    • Vinay Dinanath Tripathi
    • Rama Vinay Tripathi
    • Vishal Jiyalal Bisen
    • Varun Kacholia
    • Vikas Jain
    • Ashish Lalwani
    • Shivani Vijay Palan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accuracy Shipping Limited is Survey No : 42, Plot 11 Meghpar Borichi India, Anjar, Gujarat, 370110.

  • The corporate identification number (CIN) of Accuracy Shipping Limited is L52321GJ2008PLC055322 and the company number is 055322 as per Ministry of Corporate Affairs (MCA).

  • Yes, Accuracy Shipping Limited is registered on National Stock Exchange (NSE).

  • The Official website of Accuracy Shipping Limited is https://www.aslindia.net

  • According to the financial reports for the fiscal year 2024, the revenue trend for Accuracy Shipping Limited has fallen by -19.55%.

  • As Per 2024 financial reports, 380 employees are currently employed by Accuracy Shipping Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Accuracy Shipping Limited has experienced an upsurge of 0.40%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Accuracy Shipping Limited amount to ₹ 201.01 Cr.

  • The most recent Balance Sheet for Accuracy Shipping Limited was filed with the ROC on 31 Mar 2024.

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