Essar Ports Limited

This company provides fleet operating and chartering services and develops and operates ports and terminals.

1975 | Jamnagar, Gujarat (India) | Active
Last Updated:

Essar Ports Profile

Key Indicators

  • Authorised Capital ₹ 1,511.50 Cr
  • Paid Up Capital ₹ 21.41 Cr
  • Company Age 49 Year, 10 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 ten 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

    essarports.com

  • 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

Infrastructure and Utilities

Who are the key members and board of directors at Essar Ports?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajiv Agarwal Country flag representing In Managing Director27-May-2010Current
Amit Bapna Country flag representing In CFO09-Oct-2020Current
Ketki Belhe Company Secretary17-Jun-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Jose Paul Country flag representing In Director 01-Aug-2024Current
Amit Bapna Country flag representing In Whole-Time Director and Cfo 30-Aug-2022Current
Nikhil Naik Country flag representing In Nominee Director 22-Dec-2018Current
Bhupindersingh Kumar Country flag representing In Director 14-May-2018Current

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%.

Essar Ports revenue growth over time
Essar Ports 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
69.60%
Revenue from Operations
-7.55%
Total Assets
-7.32%
Profit or Loss
10709.85%
Net Worth
8.33%
EBITDA
355.85%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,862.36 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
12 Jan 2015Idbi Trusteeship Services Limited₹674.00 CrOpen
27 Jun 2011Srei Infrastructure Finance Limited₹200.00 CrOpen
15 Nov 2010Axis Bank Limited₹1,296.40 CrOpen
13 Aug 2010Syndicate Bank₹81.38 CrOpen
20 Mar 2006State Bank Of India₹440.10 CrOpen

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.

Employee growth trends for Essar Ports Limited

Deals i

Graph showing company valuation over time

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

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 Essar Ports

Recent activity within the organization

  • Annual General Meeting

    Essar Ports Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Jose Paul was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 7 months .

  • Director Appointment

    Ketki Namendra Belhe was appointed as a Company Secretary was appointed as a Company Secretary on 17 Jun 2024 & has been associated with this company since 8 months 14 days .

  • Balance Sheet

    Essar Ports Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 18 Sep 2015 via Charge ID 10603093 with Sbicap Trustee Company Limited was fully satisfied on 11 Apr 2023.

  • Charges

    A charge registered on 12 May 2010 via Charge ID 10218335 with Idbi Trusteeship Services Limited was fully satisfied on 16 Dec 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Essar Ports Limited?

    Essar Ports Limited was incorporated on 05 Apr 1975.

  • What is authorized share capital and paid-up capital of Essar Ports Limited?

    The authorized share capital of Essar Ports Limited is ₹ 1,511.50 Cr and paid-up capital is ₹ 21.41 Cr.

  • Who are the current board members & directors of Essar Ports Limited?

    Currently 7 directors are associated with Essar Ports Limited.

    • Amit Bapna
    • Nikhil Manohar Naik
    • Bhupindersingh Kumar
    • Rajiv Agarwal
    • Jose Paul
    • Amit Bapna
    • Ketki Namendra Belhe

  • What is the registered address of Essar Ports Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Essar Ports Limited is Salaya Administrative Building Er-2 Salaya Taluka Khambhalia, District Devbh Omi Dwarka India, Jamnagar, Gujarat, 361305.

  • What is the corporate identification number (CIN) and company number of Essar Ports Limited?

    The corporate identification number (CIN) of Essar Ports Limited is U85110GJ1975PLC054824 and the company number is 054824 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Essar Ports Limited?

    The Official website of Essar Ports Limited is https://www.essarports.com

  • What has been the recent revenue trend for Essar Ports Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Essar Ports Limited has risen by 69.60%.

  • How many employees does Essar Ports Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Essar Ports Limited.

  • What change has been observed in the net worth of Essar Ports Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Essar Ports Limited has experienced an upsurge of 8.33%.

  • What are the total open charges for Essar Ports Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Essar Ports Limited amount to ₹ 2,862.36 Cr.

  • When was the last Balance Sheet of Essar Ports Limited filed with the ROC?

    The most recent Balance Sheet for Essar Ports Limited was filed with the ROC on 31 Mar 2024.

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