Marinelines Ship Breakers Private Limited

A ship breaking company that procures and sells scrap from dismantled ships.

1997 | Bhavnagar, Gujarat (India) | Active
Last Updated: December 03, 2024

Marinelines Ship Breakers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.91 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 83.94 Cr
  • Revenue Growth -49.94%
  • Profit Growth -59.19%
  • Ebitda 165.63%
  • Net Worth 2.12%
  • Total Assets 128.43%

About Marinelines Ship Breakers

Marinelines Ship Breakers Private Limited (MSBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 1997 and has a history of 27 years and three months. 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.91 Cr.

The company currently has active open charges totaling ₹83.94 Cr.

Kamal Khemka and Pawan Khemka 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

    U35117GJ1997PTC033231

  • Company No.

    033231

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1997

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

Who are the key members and board of directors at Marinelines Ship Breakers?

Board Members (2)

NameDesignationAppointment DateStatus
Kamal Khemka Country flag representing In Director 22-Oct-1997Current
Pawan Khemka Country flag representing In Director 22-Oct-1997Current

Financial Performance of Marinelines Ship Breakers.

Marinelines Ship Breakers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 49.94% decrease. The company also saw a substantial fall in profitability, with a 59.19% decrease in profit. The company's net worth moved up by a moderate rise of 2.12%.

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
-49.94%
Revenue from Operations
-49.37%
Total Assets
128.43%
Profit or Loss
-59.19%
Net Worth
2.12%
EBITDA
165.63%

What is the Ownership and Shareholding Structure of Marinelines Ship Breakers?

In 2021, Marinelines Ship Breakers had a promoter holding of 27.25% and a public holding of 72.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹83.94 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 80.94 Cr
  • Punjab National Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2021Others₹6.10 MOpen
31 Dec 2002Others₹80.33 CrOpen
27 Aug 1998Punjab National Bank₹3.00 CrOpen

How Many Employees Work at Marinelines Ship Breakers?

Marinelines Ship Breakers has a workforce of 33 employees as of Apr 09, 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 Marinelines Ship Breakers, 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 Marinelines Ship Breakers'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 Marinelines Ship Breakers

Recent activity within the organization

  • Annual General Meeting

    Marinelines Ship Breakers Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Marinelines Ship Breakers 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 Others of Rs. 80.33 Cr registered on 31 Dec 2002 with Charge ID 90099602 was modified on 18 May 2023.

    18 May 2023

  • Charges

    A charge with Others amounted to Rs. 0.61 Cr with Charge ID 100520569 was registered on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 80.33 Cr with Charge ID 90099602 was registered on 31 Dec 2002.

    31 Dec 2002

  • Charges

    A charge with Punjab National Bank of Rs. 3.00 Cr registered on 27 Aug 1998 with Charge ID 90098883 was modified on 10 Feb 1999.

    10 Feb 1999

Frequently asked questions

  • Marinelines Ship Breakers Private Limited was incorporated on 22 Oct 1997.

  • The authorized share capital of Marinelines Ship Breakers Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.91 Cr.

  • Currently 2 directors are associated with Marinelines Ship Breakers Private Limited.

    • Kamal Khemka
    • Pawan Kumar Khemka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marinelines Ship Breakers Private Limited is 16 Aristo Complex Waghawadi Road India, Bhavnagar, Gujarat, 364001.

  • The corporate identification number (CIN) of Marinelines Ship Breakers Private Limited is U35117GJ1997PTC033231 and the company number is 033231 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Marinelines Ship Breakers Private Limited has fallen by -49.94%.

  • As Per 2022 financial reports, 33 employees are currently employed by Marinelines Ship Breakers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Marinelines Ship Breakers Private Limited has experienced an upsurge of 2.12%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Marinelines Ship Breakers Private Limited amount to ₹ 83.94 Cr.

  • The most recent Balance Sheet for Marinelines Ship Breakers Private Limited was filed with the ROC on 31 Mar 2024.