Essar Shipping Profile
Key Indicators
- Authorised Capital ₹ 650.00 Cr
- Paid Up Capital ₹ 206.98 Cr
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,793.20 Cr
- Satisfied Charges ₹ 1,341.26 Cr
- Revenue Growth -87.14%
- Profit Growth 777.17%
- Ebitda -133.92%
- Net Worth 51.36%
- Total Assets -4.92%
About Essar Shipping
Essar Shipping Limited. (ESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 April 2010 and has a history of 14 years and 11 months. Its registered office is in Jamnagar, Gujarat, India.
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 2024. 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 Rachana Trevedi as Company Secretary. Rajesh Desai, Suresh Ramamirtham, Jayakumar, and Three 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
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
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Transport and Logistics
Essar Shipping Limited.
Explore comprehensive data for Essar Shipping Limited., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Essar Shipping?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Jain  | CFO | 19-Jun-2024 | Current |
| Rachana Trevedi | Company Secretary | 02-May-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Desai | Director | 30-Sep-2020 | Current |
| Suresh Ramamirtham | Director | 31-Aug-2021 | Current |
| Jayakumar | Director | 31-Aug-2021 | Current |
| Sunil Modak | Director | 08-Sep-2022 | Current |
| Raichel Mathew | Director | 08-Sep-2022 | Current |
| Vipin Jain | Whole-Time Director and Cfo | 28-May-2024 | Current |
Financial Performance 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
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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)
- Yunik Managing Advisors Limited
Rachana Trevedi is a mutual person
Drillxplore Services Private LimitedVipin Jain is a mutual person
Charges (Loans)
Open Charges
₹2,793.20 Cr
Satisfied Charges
₹1,341.26 Cr
Charges Breakdown by Lending Institutions
- Loans And Agency Uk And Europe : 1159.20 Cr
- Others : 716.00 Cr
- Srei Infrastructure Finance Limited : 490.00 Cr
- Yes Bank Limited : 388.00 Cr
- Idbi Trusteeship Services Limited : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | Others | ₹320.00 Cr | Open |
| 31 May 2023 | Others | ₹306.00 Cr | Open |
| 08 Dec 2020 | Others | ₹90.00 Cr | Open |
| 20 Aug 2014 | Yes Bank Limited | ₹318.00 Cr | Open |
| 03 May 2014 | Srei Infrastructure Finance Limited | ₹25.00 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.
Latest Updates, News, and FAQs on Essar Shipping
Recent activity within the organization
- Annual General Meeting
Essar Shipping Limited. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Vipin Jain was appointed as a Cfo was appointed as a Cfo on 19 Jun 2024 & has been associated with this company since 8 months 29 days .
- Director Appointment
Vipin Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 May 2024 & has been associated with this company since 9 months 21 days .
- Director Appointment
Rachana Hemant Trevedi was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2024 & has been associated with this company since 10 months 16 days .
- Balance Sheet
Essar Shipping Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 320.00 Cr with Charge ID 100854163 was registered on 18 Dec 2023.
Recent News, Updates & Announcement
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- Private Indian Firms Look to Build 10 GW of Coal Power Capacity.
Major Indian power firms are vying to install at least 10 gigawatts of coal-fired capacity over the next decade..
- Essar Group to Produce 1 Gigawatt of Green Hydrogen in Jamnagar, Gujarat: Prashant Ruia Announces #GreenGoals and #BigPlans for Jamnagar Hydrogen Project.
Essar Group: We're gonna make 1 gigawatt of green hydrogen in Jamnagar, Gujarat. Prashant Ruia said so. #GreenGoals #BigPlans #JamnagarHydrogenProject.
- Saudi Arabia and Essar Group Join Forces to Revolutionize Green Steel Production in KSA with Renewable Energy Solutions.
Saudi Arabia and Essar Group team up to develop renewable energy solutions for Essar's Green Steel project in KSA. The partnership aims to make KSA a leader in green steel production and energy generation. Desert Technologies will provide its expertise in PV development, investment, and energy storage systems. Essar's project will have a low carbon footprint and set a global benchmark for reducing CO2. #GreenSteelGoals #KSA #RenewableEnergy #PartnershipGoals.
Frequently asked questions
What is the Incorporation or founding date of Essar Shipping Limited.?
Essar Shipping Limited. was incorporated on 16 Apr 2010.
What is authorized share capital and paid-up capital of Essar Shipping Limited.?
The authorized share capital of Essar Shipping Limited. is ₹ 650.00 Cr and paid-up capital is ₹ 206.98 Cr.
Who are the current board members & directors of Essar Shipping Limited.?
Currently 8 directors are associated with Essar Shipping Limited..
- Rajesh Dhirubhai Desai
- Suresh Ramamirtham
- Jayakumar
- Sunil Bhargav Modak
- Raichel Mathew
- Vipin Jain
- Vipin Jain
- Rachana Hemant Trevedi
What is the registered address of Essar Shipping Limited.?
As per Ministry of Corporate Affairs (Mca), the registered address of Essar Shipping Limited. is Ebtsl Premises Er-2 Building(Admn. Building)Salaya 44 Km P.B. No 7Taluka, Devbhu Mi Dwarka India, Khambhalia, Gujarat, 361305.
What is the corporate identification number (CIN) and company number of Essar Shipping Limited.?
The corporate identification number (CIN) of Essar Shipping Limited. is L61200GJ2010PLC060285 and the company number is 060285 as per Ministry of Corporate Affairs (MCA).
Is Essar Shipping Limited. registered with any stock exchange in India?
Yes, Essar Shipping Limited. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ESSARSHPNG.
What is the official website of Essar Shipping Limited.?
The Official website of Essar Shipping Limited. is https://www.essar.com
What has been the recent revenue trend for Essar Shipping Limited.?
According to the financial reports for the fiscal year 2023, the revenue trend for Essar Shipping Limited. has fallen by -87.14%.
What change has been observed in the net worth of Essar Shipping Limited., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Essar Shipping Limited. has experienced an upsurge of 51.36%.
What are the total open charges for Essar Shipping Limited.?
As per the financial statements for fiscal Year 2023, The total open charges for Essar Shipping Limited. amount to ₹ 2,793.20 Cr.
When was the last Balance Sheet of Essar Shipping Limited. filed with the ROC?
The most recent Balance Sheet for Essar Shipping Limited. was filed with the ROC on 31 Mar 2024.
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