M V Shiptrade Private Limited

Specializes in ship breaking and is owned by Varteji family, established in 2003 in Gujarat.

2003 | Bhavnagar, Gujarat (India) | Active
Last Updated: November 16, 2024

M V Shiptrade Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.28 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 73.50 Cr
  • Satisfied Charges ₹ 35.57 Cr
  • Revenue Growth 33.85%
  • Profit Growth -0.86%
  • Ebitda 101.55%
  • Net Worth 3.30%
  • Total Assets 9.50%

About M V Shiptrade

M V Shiptrade Private Limited (MVSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 November 2003 and has a history of 21 years and two months. Its registered office is in Bhavnagar, Gujarat, India.

The Company is engaged in the Chemicals And Materials 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 4.00 Cr and a paid-up capital of Rs 3.28 Cr.

The company currently has active open charges totaling ₹73.50 Cr. The company has closed loans amounting to ₹35.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sajjadbhai Varteji, Shabbirbhai Varteji, and Khushnudraza Varteji 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

    U35117GJ2003PTC043187

  • Company No.

    043187

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
Transport and Logistics

Who are the key members and board of directors at M V Shiptrade?

Board Members (3)

Name Designation Appointment Date Status
Sajjadbhai Varteji Country flag representing In Director 17-Nov-2003 Current
Shabbirbhai Varteji Country flag representing In Director 17-Nov-2003 Current
Khushnudraza Varteji Country flag representing In Director 05-Aug-2020 Current

Financial Performance of M V Shiptrade.

M V Shiptrade Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.85% increase. The company also saw a slight decrease in profitability, with a 0.86% decrease in profit. The company's net worth moved up by a moderate rise of 3.3%.

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
33.85%
Revenue from Operations
34.67%
Total Assets
9.50%
Profit or Loss
-0.86%
Net Worth
3.30%
EBITDA
101.55%

What is the Ownership and Shareholding Structure of M V Shiptrade?

In 2023, M V Shiptrade 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

₹73.50 Cr

Satisfied Charges

₹35.57 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 73.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Aug 2022 Hdfc Bank Limited ₹73.50 Cr Open
25 Feb 2004 Others ₹35.57 Cr Satisfied

How Many Employees Work at M V Shiptrade?

M V Shiptrade has a workforce of 41 employees as of Apr 07, 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 M V Shiptrade, 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 M V Shiptrade'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 M V Shiptrade

Recent activity within the organization

  • Annual General Meeting

    M V Shiptrade Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    M V Shiptrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 73.50 Cr registered on 26 Aug 2022 with Charge ID 100612551 was modified on 17 Nov 2022.

    17 Nov 2022

  • Charges

    A charge registered on 25 Feb 2004 via Charge ID 90100971 with Others was fully satisfied on 10 Nov 2022.

    10 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 73.50 Cr with Charge ID 100612551 was registered on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Others of Rs. 35.57 Cr registered on 25 Feb 2004 with Charge ID 90100971 was modified on 29 Dec 2021.

    29 Dec 2021

Frequently asked questions

  • M V Shiptrade Private Limited was incorporated on 17 Nov 2003.

  • The authorized share capital of M V Shiptrade Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.28 Cr.

  • Currently 3 directors are associated with M V Shiptrade Private Limited.

    • Sajjadbhai Vazirali Varteji
    • Shabbirbhai Vazirali Varteji
    • Khushnudraza Sarfarazbhai Varteji
  • As per Ministry of Corporate Affairs (Mca), the registered address of M V Shiptrade Private Limited is F-12, Turning Point Waghawadi Road India, Bhavnagar, Gujarat, 364002.

  • The corporate identification number (CIN) of M V Shiptrade Private Limited is U35117GJ2003PTC043187 and the company number is 043187 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for M V Shiptrade Private Limited has risen by 33.85%.

  • As Per 2023 financial reports, 41 employees are currently employed by M V Shiptrade Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M V Shiptrade Private Limited has experienced an upsurge of 3.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M V Shiptrade Private Limited amount to ₹ 73.50 Cr.

  • The most recent Balance Sheet for M V Shiptrade Private Limited was filed with the ROC on 31 Mar 2024.

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