Honey Shipbreaking Private Limited

Specializes in ship breaking services since 2003, based in Bhavnagar, Gujarat.

2003 | Bhavnagar, Gujarat (India) | Active
Last Updated: October 23, 2024

Honey Shipbreaking Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 22 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 508.49 Cr
  • Revenue Growth 12.38%
  • Profit Growth -59.52%
  • Ebitda -38.46%
  • Net Worth 8.04%
  • Total Assets -75.30%

About Honey Shipbreaking

Honey Shipbreaking Private Limited (HSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 2003 and has a history of 22 years. Its registered office is in Bhavnagar, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹508.49 Cr.

Munishkumar Bansal and Shallu Bansal serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35117GJ2003PTC041848

  • Company No.

    041848

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

Who are the key members and board of directors at Honey Shipbreaking?

Board Members (2)

Name Designation Appointment Date Status
Munishkumar Bansal Country flag representing In Director 01-Sep-2016 Current
Shallu Bansal Country flag representing In Director 16-Oct-2021 Current

Financial Performance of Honey Shipbreaking.

Honey Shipbreaking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.38% increase. The company also saw a substantial fall in profitability, with a 59.52% decrease in profit. The company's net worth moved up by a moderate rise of 8.04%.

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
12.38%
Revenue from Operations
12.40%
Total Assets
-75.30%
Profit or Loss
-59.52%
Net Worth
8.04%
EBITDA
-38.46%

What is the Ownership and Shareholding Structure of Honey Shipbreaking?

In 2023, Honey Shipbreaking had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹508.49 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 441.74 Cr
  • Indnian Overseas Bank : 66.40 Cr
  • Indian Overseas Bank Ltd : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2023 Indian Overseas Bank ₹60.00 Cr Open
08 Jun 2023 Indian Overseas Bank ₹60.00 Cr Open
21 Feb 2019 Indian Overseas Bank ₹0.90 M Open
29 Oct 2010 Indnian Overseas Bank ₹66.40 Cr Open
29 Oct 2010 Indian Overseas Bank Ltd ₹3.50 M Open

How Many Employees Work at Honey Shipbreaking?

Honey Shipbreaking has a workforce of 13 employees as of Mar 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 Honey Shipbreaking, 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 Honey Shipbreaking'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 Honey Shipbreaking

Recent activity within the organization

  • Annual General Meeting

    Honey Shipbreaking Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 161.65 Cr registered on 29 Oct 2010 with Charge ID 10262201 was modified on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 60.00 Cr with Charge ID 100738026 was registered on 08 Jun 2023.

    08 Jun 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 60.00 Cr with Charge ID 100738028 was registered on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Honey Shipbreaking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Indnian Overseas Bank of Rs. 66.40 Cr registered on 29 Oct 2010 with Charge ID 10253564 was modified on 25 May 2022.

    25 May 2022

Frequently asked questions

  • Honey Shipbreaking Private Limited was incorporated on 16 Jan 2003.

  • The authorized share capital of Honey Shipbreaking Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Honey Shipbreaking Private Limited.

    • Munishkumar Amritlal Bansal
    • Shallu Munishkumar Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Honey Shipbreaking Private Limited is Office No. 1 Shanti Jyot Building Sardarnagar Road Nr. Rupani Circle, Rup Ani India, Bhavnagar, Gujarat, 364002.

  • The corporate identification number (CIN) of Honey Shipbreaking Private Limited is U35117GJ2003PTC041848 and the company number is 041848 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Honey Shipbreaking Private Limited has risen by 12.38%.

  • As Per 2023 financial reports, 13 employees are currently employed by Honey Shipbreaking Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Honey Shipbreaking Private Limited has experienced an upsurge of 8.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Honey Shipbreaking Private Limited amount to ₹ 508.49 Cr.

  • The most recent Balance Sheet for Honey Shipbreaking Private Limited was filed with the ROC on 31 Mar 2023.

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