Essar Ports Profile
Key Indicators
- Authorised Capital ₹ 1,511.50 Cr
- Paid Up Capital ₹ 21.41 Cr
- Company Age 49 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,862.36 Cr
- Satisfied Charges ₹ 3,759.05 Cr
- Revenue Growth 69.60%
- Profit Growth 10709.85%
- Ebitda 355.85%
- Net Worth 8.33%
- Total Assets -7.32%
About Essar Ports
Essar Ports Limited (EPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1975 and has a history of 49 years and nine months. Its registered office is in Jamnagar, Gujarat, India.
The Corporate was formerly known as Essar Shipping Limited. The Company is engaged in the Infrastructure And Utilities 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 1,511.50 Cr and a paid-up capital of Rs 21.41 Cr.
The company currently has active open charges totaling ₹2,862.36 Cr. The company has closed loans amounting to ₹3,759.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Essar Ports Limited India are Amit Bapna as CFO and Ketki Belhe as Company Secretary. Amit Bapna, Nikhil Naik, Bhupindersingh Kumar, and Two other members serve as directors at the Company.
Company Details
- Location
Jamnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110GJ1975PLC054824
- Company No.
054824
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Apr 1975
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Essar Ports?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Agarwal  | Managing Director | 27-May-2010 | Current |
| Amit Bapna | CFO | 09-Oct-2020 | Current |
| Ketki Belhe | Company Secretary | 17-Jun-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jose Paul | Director | 01-Aug-2024 | Current |
| Amit Bapna | Whole-Time Director and Cfo | 30-Aug-2022 | Current |
| Nikhil Naik | Nominee Director | 22-Dec-2018 | Current |
| Bhupindersingh Kumar | Director | 14-May-2018 | Current |
Financial Performance of Essar Ports.
Essar Ports Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.6% increase. The company also saw a substantial improvement in profitability, with a 10709.85% increase in profit. The company's net worth moved up by a moderate rise of 8.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Essar Ports?
In 2023, Essar Ports had a promoter holding of 97.77% and a public holding of 2.23%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aakash Educational Services LimitedNikhil Naik is a mutual person
Matix Fertilisers And Chemicals LimitedNikhil Naik is a mutual person
Finolex Cables LimitedNikhil Naik is a mutual person
Essar Bulk Terminal (Salaya) LimitedAmit Bapna, Nikhil Naik and 3 more are mutual person
Hazira Lng Private LimitedAmit Bapna and Rajiv Agarwal are mutual person
- Green Ports Infrastructure Private Limited
Amit Bapna and Rajiv Agarwal are mutual person
Charges (Loans)
₹2,862.36 Cr
₹3,759.05 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1296.40 Cr
- Idbi Trusteeship Services Limited : 674.00 Cr
- State Bank Of India : 600.10 Cr
- Srei Infrastructure Finance Limited : 200.00 Cr
- Syndicate Bank : 81.38 Cr
- Others : 10.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2015 | Idbi Trusteeship Services Limited | ₹674.00 Cr | Open |
| 27 Jun 2011 | Srei Infrastructure Finance Limited | ₹200.00 Cr | Open |
| 15 Nov 2010 | Axis Bank Limited | ₹1,296.40 Cr | Open |
| 13 Aug 2010 | Syndicate Bank | ₹81.38 Cr | Open |
| 20 Mar 2006 | State Bank Of India | ₹440.10 Cr | Open |
How Many Employees Work at Essar Ports?
Essar Ports has a workforce of 8 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Essar Ports, 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 Essar Ports's trajectory.
Rating
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
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.
