Essar Shipping Profile
Key Indicators
- Authorised Capital ₹ 650.00 Cr
as on 11-07-2024
- Paid Up Capital ₹ 206.98 Cr
as on 11-07-2024
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,793.20 Cr
as on 11-07-2024
- Satisfied Charges ₹ 1,341.26 Cr
as on 11-07-2024
- Revenue -87.14%
(FY 2023)
- Profit 777.17%
(FY 2023)
- Ebitda -133.92%
(FY 2023)
- Net Worth 51.36%
(FY 2023)
- Total Assets -4.92%
(FY 2023)
About Essar Shipping
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533704 and on the National Stock Exchange(NSE) under ESSARSHPNG.
The Corporate was formerly known as Essar Ports & Terminals 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 650.00 Cr and a paid-up capital of Rs 206.98 Cr.
The company currently has active open charges totaling ₹2,793.20 Cr. The company has closed loans amounting to ₹1,341.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Essar Shipping Limited. India are Vipin Jain as CFO and Nisha Barnwal as Company Secretary. Rajesh Desai, Suresh Ramamirtham, Jayakumar, and Three other members serve as directors at the Company.
- CIN/LLPIN
L61200GJ2010PLC060285
- Company No.
060285
- Stock Symbol
BSE : 533704 NSE : ESSARSHPNG
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Apr 2010
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Jamnagar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Essar Shipping?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Jain  | CFO | 01-Oct-2022 | Current |
| Nisha Barnwal | Company Secretary | 23-Sep-2021 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Ramamirtham | Director | 31-Aug-2021 | Current |
| Rajesh Desai | Director | 30-Sep-2020 | Current |
| Jayakumar | Director | 31-Aug-2021 | Current |
| Raji Chandrashekar | Director | 08-Sep-2022 | Current |
| Sunil Modak | Director | 08-Sep-2022 | Current |
| Raichel Mathew | Director | 08-Sep-2022 | Current |
Financial Performance and Corporate Structure Insights of Essar Shipping.
Essar Shipping Limited., for the financial year ended 2023, experienced significant reduction in revenue, with a 87.14% decrease. The company also saw a substantial improvement in profitability, with a 777.17% increase in profit. The company's net worth Soared by an impressive increase of 51.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Essar Shipping?
In 2020, Essar Shipping had a promoter holding of 74.37% and a public holding of 25.62%. The company had 2 Subsidiaries 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Dec 2023 | ₹320.00 Cr | Open |
Others Creation Date: 31 May 2023 | ₹306.00 Cr | Open |
Others Creation Date: 08 Dec 2020 | ₹90.00 Cr | Open |
How Many Employees Work at Essar Shipping?
Unlock and access historical data on people associated with Essar Shipping, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Essar 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 Essar Shipping'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.
