Atlantic Global Shipping Private Limited

Provides port agency, logistics, customs clearance, crew services, and cargo handling.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Atlantic Global Shipping Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.48 Cr
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.32 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 65.33%
  • Profit Growth 7.10%
  • Ebitda 27.81%
  • Net Worth 21.58%
  • Total Assets 12.36%

About Atlantic Global Shipping

Atlantic Global Shipping Private Limited (AGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 1985 and has a history of 39 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Atlantic 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.48 Cr.

The company currently has active open charges totaling ₹64.32 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Abbas Barodawala, Shabbir Rangwala, Ronak Shetty, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63090MH1985PTC035451

  • Company No.

    035451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Atlantic Global Shipping Private Limited offer?

Atlantic Global Shipping Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Custom Clearing Service, Medical Surgery & Treatment Centres, Medical Treatment Services, Telecom Services, Engg & Maintenance, Mobile Communication Services.

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

Executive Team (1)

Name Designation Appointment Date Status
Ronak Shetty Country flag representing In Managing Director 15-Jun-2015 Current

Board Members (4)

Name Designation Appointment Date Status
Abbas Barodawala Country flag representing In Director 01-Jul-2015 Current
Shabbir Rangwala Country flag representing In Whole-Time Director 01-Oct-2003 Current
Burhanuddin Rangwala Country flag representing In Whole-Time Director 04-Jul-2022 Current
Rajesh Nair Country flag representing In Whole-Time Director 04-Jul-2022 Current

Financial Performance of Atlantic Global Shipping.

Atlantic Global Shipping Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.33% increase. The company also saw a slight improvement in profitability, with a 7.1% increase in profit. The company's net worth Soared by an impressive increase of 21.58%.

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
65.33%
Revenue from Operations
67.64%
Total Assets
12.36%
Profit or Loss
7.10%
Net Worth
21.58%
EBITDA
27.81%

What is the Ownership and Shareholding Structure of Atlantic Global Shipping?

In 2023, Atlantic Global Shipping had a promoter holding of 100.00%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.32 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 47.93 Cr
  • Others : 15.90 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
23 Sep 2022 Hdfc Bank Limited ₹4.99 M Open
13 Jun 2022 Bank Of India ₹1.56 Cr Open
04 Feb 2022 Bank Of India ₹1.56 Cr Open
19 Oct 2020 Bank Of India ₹8.00 M Open
03 Sep 2020 Bank Of India ₹3.00 Cr Open

How Many Employees Work at Atlantic Global Shipping?

Atlantic Global Shipping has a workforce of 419 employees as of Mar 31, 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 Atlantic Global 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 Atlantic Global 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 Atlantic Global Shipping

Recent activity within the organization

  • Annual General Meeting

    Atlantic Global Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Atlantic Global Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100695210 was registered on 23 Sep 2022.

    23 Sep 2022

  • Director Appointment

    Burhanuddin Shabbir Rangwala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Jul 2022 & has been associated with this company since 2 years 7 months .

    04 Jul 2022

  • Director Appointment

    Rajesh Nair was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Jul 2022 & has been associated with this company since 2 years 7 months .

    04 Jul 2022

  • Charges

    A charge with Bank Of India amounted to Rs. 1.56 Cr with Charge ID 100585296 was registered on 13 Jun 2022.

    13 Jun 2022

Frequently asked questions

  • Atlantic Global Shipping Private Limited was incorporated on 22 Feb 1985.

  • The authorized share capital of Atlantic Global Shipping Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.48 Cr.

  • Currently 5 directors are associated with Atlantic Global Shipping Private Limited.

    • Abbas Fidahusain Barodawala
    • Shabbir Fidahussain Rangwala
    • Ronak Samreetsunder Shetty
    • Burhanuddin Shabbir Rangwala
    • Rajesh Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Atlantic Global Shipping Private Limited is 124 B, Mittal Court 224 Narjman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Atlantic Global Shipping Private Limited is U63090MH1985PTC035451 and the company number is 035451 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Atlantic Global Shipping Private Limited is https://www.atlanticglobalshipping.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Atlantic Global Shipping Private Limited has risen by 65.33%.

  • As Per 2023 financial reports, 419 employees are currently employed by Atlantic Global Shipping Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Atlantic Global Shipping Private Limited has experienced an upsurge of 21.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Atlantic Global Shipping Private Limited amount to ₹ 64.32 Cr.

  • The most recent Balance Sheet for Atlantic Global Shipping Private Limited was filed with the ROC on 31 Mar 2023.

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