M V Shiptrade Private Limited

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
HomeCompanyM V Shiptrade Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Sajjadbhai Varteji In Director 17-Nov-2003Current
Shabbirbhai Varteji In Director 17-Nov-2003Current
Khushnudraza Varteji In Director 05-Aug-2020Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Charges (Loans)

Open Charges Satisfied Charges

₹73.50 Cr

₹35.57 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 26 Aug 2022
₹73.50 CrOpen

Others

Creation Date: 25 Feb 2004
₹35.57 CrSatisfied

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.

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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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