Act Shipping Ltd

Provides comprehensive shipping services, including CHA, stevedores, warehouse owners, and hazardous cargo handling.

1995 | Kachchh, Gujarat (India) | Active
Last Updated:

Act Shipping Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.19 M
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.98 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -3.95%
  • Profit Growth 1.06%
  • Ebitda 32.42%
  • Net Worth -159.74%
  • Total Assets 28.76%

About Act Shipping

Act Shipping Ltd (ASL) is a Public Limited Indian Non-Government Company incorporated in India on 10 March 1995 and has a history of 30 years and one month. Its registered office is in Kachchh, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 1.19 M.

The company currently has active open charges totaling ₹4.98 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sujananandan Thundathil, Shanker Thundathil, Bipin Gandhi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1995PLC024960

  • Company No.

    024960

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics
Company report

Act Shipping Ltd

Explore comprehensive data for Act Shipping Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (5)

NameDesignationAppointment DateStatus
Tinu Gandhi Country flag representing In Director 10-Mar-1995Current
Sujananandan Thundathil Country flag representing In Director 10-Mar-1995Current
Shanker Thundathil Country flag representing In Director 09-Sep-1996Current
Bipin Gandhi Country flag representing In Director 10-Mar-1995Current
Harshad Gandhi Country flag representing In Director 10-Mar-1995Current

Financial Performance of Act Shipping.

Act Shipping Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.95% decrease. The company also saw a slight improvement in profitability, with a 1.06% increase in profit. The company's net worth observed a substantial decline by a decrease of 159.74%.

Act Shipping revenue growth over time
Act Shipping 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
-3.95%
Revenue from Operations
2.19%
Total Assets
28.76%
Profit or Loss
1.06%
Net Worth
-159.74%
EBITDA
32.42%

What is the Ownership and Shareholding Structure of Act Shipping?

In 2022, Act Shipping had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.98 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • The Bank Of Rajasthan Ltd. : 4.98 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 1995The Bank Of Rajasthan Ltd.₹4.98 CrOpen
31 Mar 2004Sundaram Finance Ltd.₹0.43 MSatisfied
14 Nov 2003Sundaram Finance Ltd.₹0.67 MSatisfied
11 Nov 2003Sundaram Finance Ltd.₹0.40 MSatisfied
03 Aug 2000Corporation Bank₹1.35 CrSatisfied

How Many Employees Work at Act Shipping?

Act Shipping has a workforce of 2 employees as of Apr 07, 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.

Employee growth trends for Act Shipping Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Act 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 Act 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 Act Shipping

Recent activity within the organization

  • Annual General Meeting

    Act Shipping Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Act Shipping Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 03 Aug 2000 via Charge ID 90102036 with Corporation Bank was fully satisfied on 17 Jul 2013.

  • Charges

    A charge registered on 03 Aug 2000 via Charge ID 90100723 with Corporation Bank was fully satisfied on 17 Jul 2013.

  • Charges

    A charge registered on 31 Mar 2004 via Charge ID 90100983 with Sundaram Finance Ltd. was fully satisfied on 19 Feb 2013.

  • Charges

    A charge registered on 14 Nov 2003 via Charge ID 90100952 with Sundaram Finance Ltd. was fully satisfied on 19 Feb 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Act Shipping Ltd?

    Act Shipping Ltd was incorporated on 10 Mar 1995.

  • What is authorized share capital and paid-up capital of Act Shipping Ltd?

    The authorized share capital of Act Shipping Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.19 M.

  • Who are the current board members & directors of Act Shipping Ltd?

    Currently 5 directors are associated with Act Shipping Ltd.

    • Sujananandan Velayudhan Thundathil
    • Shanker Sujan Thundathil
    • Bipin Amratlal Gandhi
    • Tinu Dhirajlal Gandhi
    • Harshad Dhirajlal Gandhi

  • What is the registered address of Act Shipping Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Act Shipping Ltd is Sector- 1A Plot No - 393/394 2Nd Floor, Room 204 India, Gandhidham, Gujarat, 370201.

  • What is the corporate identification number (CIN) and company number of Act Shipping Ltd?

    The corporate identification number (CIN) of Act Shipping Ltd is U17110GJ1995PLC024960 and the company number is 024960 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Act Shipping Ltd?

    The Official website of Act Shipping Ltd is https://www.actship.com

  • What has been the recent revenue trend for Act Shipping Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Act Shipping Ltd has fallen by -3.95%.

  • How many employees does Act Shipping Ltd currently have?

    As Per 2022 financial reports, 2 employees are currently employed by Act Shipping Ltd.

  • What change has been observed in the net worth of Act Shipping Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Act Shipping Ltd has experienced an downturn of -159.74%.

  • What are the total open charges for Act Shipping Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Act Shipping Ltd amount to ₹ 4.98 Cr.

  • When was the last Balance Sheet of Act Shipping Ltd filed with the ROC?

    The most recent Balance Sheet for Act Shipping Ltd was filed with the ROC on 31 Mar 2023.

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