Hussain Sheth And Sons (Shipbreakers) Private Limited

Ship-breaking and scrap melting for steel mills in Gujarat.

1999 | Bhavnagar, Gujarat (India) | Active
Last Updated:

Hussain Sheth And Sons (Shipbreakers) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.60 Cr
  • Satisfied Charges ₹ 36.00 Cr
  • Revenue Growth -62.85%
  • Profit Growth -57.59%
  • Ebitda -30.02%
  • Net Worth 2.26%
  • Total Assets 12.65%

About Hussain Sheth And Sons (Shipbreakers)

Hussain Sheth And Sons (Shipbreakers) Private Limited (HSASSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 1999 and has a history of 25 years and seven months. Its registered office is in Bhavnagar, Gujarat.

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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹30.60 Cr. The company has closed loans amounting to ₹36.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rafikbhai Lota, Kaliwala Kadarbhai, and Abdulgafar Kalivala serve as directors at the Company.

Company Details

  • Location Bhavnagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35110GJ1999PTC036368

  • Company No.

    036368

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics
Engineering
Company report

Hussain Sheth And Sons (Shipbreakers) Private Limited

Explore comprehensive data for Hussain Sheth And Sons (Shipbreakers) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hussain Sheth And Sons (Shipbreakers)?

Board Members (3)

NameDesignationAppointment DateStatus
Rafikbhai Lota Country flag representing In Director 28-Feb-2019Current
Kaliwala Kadarbhai Country flag representing In Director 28-Feb-2019Current
Abdulgafar Kalivala Additional Director 21-Oct-2024Current

Financial Performance of Hussain Sheth And Sons (Shipbreakers).

Hussain Sheth And Sons (Shipbreakers) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.85% decrease. The company also saw a substantial fall in profitability, with a 57.59% decrease in profit. The company's net worth moved up by a moderate rise of 2.26%.

Hussain Sheth And Sons (Shipbreakers) revenue growth over time
Hussain Sheth And Sons (Shipbreakers) 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
-62.85%
Revenue from Operations
-63.46%
Total Assets
12.65%
Profit or Loss
-57.59%
Net Worth
2.26%
EBITDA
-30.02%

What is the Ownership and Shareholding Structure of Hussain Sheth And Sons (Shipbreakers)?

In 2023, Hussain Sheth And Sons (Shipbreakers) 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

₹30.60 Cr

Satisfied Charges

₹36.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30.60 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2020State Bank Of India₹30.60 CrOpen
19 Jan 2007Syndicate Bank₹36.00 CrSatisfied

How Many Employees Work at Hussain Sheth And Sons (Shipbreakers)?

Hussain Sheth And Sons (Shipbreakers) has a workforce of 9 employees as of Mar 31, 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 Hussain Sheth And Sons (Shipbreakers) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hussain Sheth And Sons (Shipbreakers), 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 Hussain Sheth And Sons (Shipbreakers)'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 Hussain Sheth And Sons (Shipbreakers)

Recent activity within the organization

  • Director Appointment

    Abdulgafar Abdulkadar Kalivala was appointed as a Additional Director was appointed as a Additional Director on 21 Oct 2024 & has been associated with this company since 5 months 3 days .

  • Annual General Meeting

    Hussain Sheth And Sons (Shipbreakers) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hussain Sheth And Sons (Shipbreakers) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 30.60 Cr registered on 10 Nov 2020 with Charge ID 100387960 was modified on 23 Jan 2023.

  • Charges

    A charge with State Bank Of India amounted to Rs. 30.60 Cr with Charge ID 100387960 was registered on 10 Nov 2020.

  • Director Appointment

    Rafikbhai Musabhai Lota was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 6 years 25 days .

Frequently asked questions

  • What is the Incorporation or founding date of Hussain Sheth And Sons (Shipbreakers) Private Limited?

    Hussain Sheth And Sons (Shipbreakers) Private Limited was incorporated on 02 Aug 1999.

  • What is authorized share capital and paid-up capital of Hussain Sheth And Sons (Shipbreakers) Private Limited?

    The authorized share capital of Hussain Sheth And Sons (Shipbreakers) Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Hussain Sheth And Sons (Shipbreakers) Private Limited?

    Currently 3 directors are associated with Hussain Sheth And Sons (Shipbreakers) Private Limited.

    • Rafikbhai Musabhai Lota
    • Kaliwala Abdulrazak Kadarbhai
    • Abdulgafar Abdulkadar Kalivala
  • What is the registered address of Hussain Sheth And Sons (Shipbreakers) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hussain Sheth And Sons (Shipbreakers) Private Limited is Plot No 123Shipbreakingyard Sosiya Tal Talaja Dist India, Bhavnagar, Gujarat.

  • What is the corporate identification number (CIN) and company number of Hussain Sheth And Sons (Shipbreakers) Private Limited?

    The corporate identification number (CIN) of Hussain Sheth And Sons (Shipbreakers) Private Limited is U35110GJ1999PTC036368 and the company number is 036368 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Hussain Sheth And Sons (Shipbreakers) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hussain Sheth And Sons (Shipbreakers) Private Limited has fallen by -62.85%.

  • How many employees does Hussain Sheth And Sons (Shipbreakers) Private Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by Hussain Sheth And Sons (Shipbreakers) Private Limited.

  • What change has been observed in the net worth of Hussain Sheth And Sons (Shipbreakers) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hussain Sheth And Sons (Shipbreakers) Private Limited has experienced an upsurge of 2.26%.

  • What are the total open charges for Hussain Sheth And Sons (Shipbreakers) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hussain Sheth And Sons (Shipbreakers) Private Limited amount to ₹ 30.60 Cr.

  • When was the last Balance Sheet of Hussain Sheth And Sons (Shipbreakers) Private Limited filed with the ROC?

    The most recent Balance Sheet for Hussain Sheth And Sons (Shipbreakers) Private Limited was filed with the ROC on 31 Mar 2024.

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