Gac Shipping (India) Private Limited

Provides shipping, marine, and logistics services across India.

1983 | Ernakulam, Kerala (India) | Active
Last Updated: July 07, 2024

Gac Shipping (India) Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.91 Cr
  • Company Age 41 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.05 Cr
  • Satisfied Charges ₹ 16.68 Cr
  • Revenue Growth 70.37%
  • Profit Growth -15.59%
  • Ebitda -26.45%
  • Net Worth -1.91%
  • Total Assets -6.46%

About Gac Shipping (India)

Gac Shipping (India) Private Limited (GSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 1983 and has a history of 41 years and eight months. Its registered office is in Ernakulam, Kerala, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.91 Cr.

The company currently has active open charges totaling ₹15.05 Cr. The company has closed loans amounting to ₹16.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gac Shipping (India) Private Limited India is Peethambaran Kumar as CFO. Roy Mathews, Anil Menon, Miriam Mathews, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U63090KL1983PTC003733

  • Company No.

    003733

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 1983

  • Date of AGM

    24 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Transport and Logistics

What products or services does Gac Shipping (India) Private Limited offer?

Gac Shipping (India) Private Limited offers a wide range of products and services, including Vocational Education and Training, Vocational Training, Transport Agents & Bulk Carriers, Logistics Service, Architectural & Civil Engineering, Civil Engineering Service, Freight Forwarding Services, Shipping Services, Material Testing Labs & Services, Oil Testing Services.

Who are the key members and board of directors at Gac Shipping (India)?

Executive Team (2)

Name Designation Appointment Date Status
Ravi Ramchandran Country flag representing In Managing Director 01-Jun-2023 Current
Peethambaran Kumar CFO 10-Jun-2014 Current

Board Members (5)

Name Designation Appointment Date Status
Bengt Ekstrand Country flag representing Se Director 10-Apr-2013 Current
Roy Mathews Country flag representing In Whole-Time Director 06-Jul-1983 Current
Anil Menon Country flag representing In Whole-Time Director 24-Apr-1992 Current
Miriam Mathews Country flag representing In Whole-Time Director 01-Oct-2012 Current
Sven Nordberg Country flag representing Se Nominee Director 01-Jan-2022 Current

Financial Performance of Gac Shipping (India).

Gac Shipping (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.37% increase. The company also saw a substantial fall in profitability, with a 15.59% decrease in profit. The company's net worth dipped by a decrease of 1.91%.

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
70.37%
Revenue from Operations
70.43%
Total Assets
-6.46%
Profit or Loss
-15.59%
Net Worth
-1.91%
EBITDA
-26.45%

What is the Ownership and Shareholding Structure of Gac Shipping (India)?

In 2023, Gac Shipping (India) had a promoter holding of 38.68% and a public holding of 61.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.05 Cr

Satisfied Charges

₹16.68 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 15.00 Cr
  • Standard Chartered Bank : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
26 Oct 2021 Standard Chartered Bank ₹0.50 M Open
06 Mar 2017 Axis Bank Limited ₹15.00 Cr Open
14 Jul 2016 Bank Of India ₹2.17 M Satisfied
30 Oct 2014 Standard Chartered Bank ₹7.00 Cr Satisfied
06 Jan 2014 Bank Of India ₹0.90 M Satisfied

How Many Employees Work at Gac Shipping (India)?

Gac Shipping (India) has a workforce of 403 employees as of Jun 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gac Shipping (India), 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 Gac Shipping (India)'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 Gac Shipping (India)

Recent activity within the organization

  • Annual General Meeting

    Gac Shipping (India) Private Limited last Annual general meeting of members was held on 24 Jul 2023 as per latest MCA records.

    24 Jul 2023

  • Balance Sheet

    Gac Shipping (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 06 Mar 2017 with Charge ID 100087846 was modified on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 14 Jul 2016 via Charge ID 100081193 with Bank Of India was fully satisfied on 23 Mar 2022.

    23 Mar 2022

  • Director Appointment

    Sven Daniel Nordberg was appointed as a Nominee Director was appointed as a Nominee Director on 01 Jan 2022 & has been associated with this company since 3 years 1 month .

    01 Jan 2022

  • Charges

    A charge registered on 08 Jul 2010 via Charge ID 10229000 with Standard Chartered Bank was fully satisfied on 13 Dec 2021.

    13 Dec 2021

Frequently asked questions

  • Gac Shipping (India) Private Limited was incorporated on 04 Jun 1983.

  • The authorized share capital of Gac Shipping (India) Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.91 Cr.

  • Currently 7 directors are associated with Gac Shipping (India) Private Limited.

    • Roy Mathews
    • Anil K Menon
    • Miriam Mathews
    • Bengt Ake Ekstrand
    • Sven Daniel Nordberg
    • Ravi Narayanan Ramchandran
    • Peethambaran Santhosh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gac Shipping (India) Private Limited is G A C House Subramaniam Roadp B No 515 Willingdon Island, Ernakulam, Kerala, India, 682003.

  • The corporate identification number (CIN) of Gac Shipping (India) Private Limited is U63090KL1983PTC003733 and the company number is 003733 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gac Shipping (India) Private Limited is https://www.gac.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gac Shipping (India) Private Limited has risen by 70.37%.

  • As Per 2023 financial reports, 403 employees are currently employed by Gac Shipping (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gac Shipping (India) Private Limited has experienced an downturn of -1.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gac Shipping (India) Private Limited amount to ₹ 15.05 Cr.

  • The most recent Balance Sheet for Gac Shipping (India) Private Limited was filed with the ROC on 31 Mar 2023.

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