Cannon Shipping Company Limited

Provides custom house brokerage, shipping, and logistics services since 1997 in Mumbai, Maharashtra.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Cannon Shipping Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 M
  • Satisfied Charges ₹ 4.75 M
  • Revenue Growth 146.76%
  • Profit Growth -62.67%
  • Ebitda -103.80%
  • Net Worth -0.33%
  • Total Assets -5.43%

About Cannon Shipping Company

Cannon Shipping Company Limited (CSCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 March 1997 and has a history of 27 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹4.50 M. The company has closed loans amounting to ₹4.75 M, as per Ministry of Corporate Affairs (MCA) records.

Vinay Agarwal, Abhishek Garg, and Ramchandran Nair serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U61100MH1997PLC106504

  • Company No.

    106504

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (3)

Name Designation Appointment Date Status
Vinay Agarwal Country flag representing In Director 12-Mar-1997 Current
Abhishek Garg Country flag representing In Director 06-Apr-2011 Current
Ramchandran Nair Country flag representing In Director 06-Apr-2011 Current

Financial Performance of Cannon Shipping Company.

Cannon Shipping Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 146.76% increase. The company also saw a substantial fall in profitability, with a 62.67% decrease in profit. The company's net worth dipped by a decrease of 0.33%.

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
146.76%
Revenue from Operations
147.75%
Total Assets
-5.43%
Profit or Loss
-62.67%
Net Worth
-0.33%
EBITDA
-103.80%

What is the Ownership and Shareholding Structure of Cannon Shipping Company?

In 2023, Cannon Shipping Company 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

₹4.50 M

Satisfied Charges

₹4.75 M

Charges Breakdown by Lending Institutions

  • Others : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
24 Oct 2019 Others ₹4.50 M Open
28 Nov 2014 Hdfc Bank Limited ₹4.50 M Satisfied
21 May 2001 Development Credit Bank Ltd. ₹0.25 M Satisfied

How Many Employees Work at Cannon Shipping Company?

Unlock and access historical data on people associated with Cannon Shipping Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cannon Shipping Company, 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 Cannon Shipping Company'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 Cannon Shipping Company

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Cannon Shipping Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 28 Nov 2014 via Charge ID 10535720 with Hdfc Bank Limited was fully satisfied on 10 Feb 2020.

    10 Feb 2020

  • Charges

    A charge with Others amounted to Rs. 4.50 M with Charge ID 100297721 was registered on 24 Oct 2019.

    24 Oct 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.50 M with Charge ID 10535720 was registered on 28 Nov 2014.

    28 Nov 2014

  • Charges

    A charge registered on 21 May 2001 via Charge ID 90152076 with Development Credit Bank Ltd. was fully satisfied on 31 Oct 2011.

    31 Oct 2011

Frequently asked questions

  • Cannon Shipping Company Limited was incorporated on 12 Mar 1997.

  • The authorized share capital of Cannon Shipping Company Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.

  • Currently 3 directors are associated with Cannon Shipping Company Limited.

    • Vinay Gangadhar Agarwal
    • Abhishek Tarachand Garg
    • Ramchandran Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cannon Shipping Company Limited is 317 Mahinder Chambers 3Rd Floor 619/28 W B Patil Marg Opp Pepsi (Dukes) Chemb Ur, India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Cannon Shipping Company Limited is U61100MH1997PLC106504 and the company number is 106504 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cannon Shipping Company Limited is https://www.cannonshipping.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cannon Shipping Company Limited has risen by 146.76%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cannon Shipping Company Limited has experienced an downturn of -0.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cannon Shipping Company Limited amount to ₹ 4.50 M.

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

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