Merchant Shipping Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 22.00 Cr
- Revenue Growth -2.15%
- Profit Growth 18.89%
- Ebitda 48.34%
- Net Worth -5.95%
- Total Assets -2.05%
About Merchant Shipping Services
Merchant Shipping Services Private Limited (MSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1996 and has a history of 28 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Shaswat Shipping P Ltd. 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company has closed loans amounting to ₹22.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Pankaj Mehrotra, Viral Parekh, and Ashok Jain serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U61000MH1996PTC104246
- Company No.
104246
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1996
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Who are the key members and board of directors at Merchant Shipping Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Mehrotra  | Director | 11-Jun-2020 | Current |
| Ashok Jain | Director | 15-May-2017 | Current |
| Viral Parekh | Director | 28-Jul-2021 | Current |
Financial Performance of Merchant Shipping Services.
Merchant Shipping Services Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.15% decrease. The company also saw a substantial improvement in profitability, with a 18.89% increase in profit. The company's net worth dipped by a decrease of 5.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Merchant Shipping Services?
In 2022, Merchant Shipping Services had a promoter holding of 100.00%. The company had 1 Subsidiary and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Far Shipping (India) Private LimitedPankaj Mehrotra and Viral Parekh are mutual person
_PRIVATE_LIMITED.webp)
Steinweg Sharaf (India) Private LimitedAshok Jain is a mutual person
Sharaf Cargo Private LimitedPankaj Mehrotra and Viral Parekh are mutual person
_PRIVATE_LIMITED.webp)
Sea Trade Shipping (India ) Private LimitedPankaj Mehrotra is a mutual person
Samsara Shipping Private LimitedPankaj Mehrotra and Ashok Jain are mutual person
Samsara Cargo Private LimitedPankaj Mehrotra is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹220.00 M
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 22.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2021 | Standard Chartered Bank | ₹22.00 Cr | Satisfied |
How Many Employees Work at Merchant Shipping Services?
Merchant Shipping Services has a workforce of 103 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Merchant Shipping Services, 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 Merchant Shipping Services's trajectory.
Rating
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
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 Merchant Shipping Services
Recent activity within the organization
- Annual General Meeting
Merchant Shipping Services Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Merchant Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 16 Mar 2021 via Charge ID 100430969 with Standard Chartered Bank was fully satisfied on 27 Dec 2022.
- Director Appointment
Viral Vijay Parekh was appointed as a Director was appointed as a Director on 28 Jul 2021 & has been associated with this company since 3 years 7 months .
- Charges
A charge with Standard Chartered Bank amounted to Rs. 220.00 M with Charge ID 100430969 was registered on 16 Mar 2021.
- Director Appointment
Pankaj Mehrotra was appointed as a Director was appointed as a Director on 11 Jun 2020 & has been associated with this company since 4 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Merchant Shipping Services Private Limited?
Merchant Shipping Services Private Limited was incorporated on 29 Nov 1996.
What is authorized share capital and paid-up capital of Merchant Shipping Services Private Limited?
The authorized share capital of Merchant Shipping Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Merchant Shipping Services Private Limited?
Currently 3 directors are associated with Merchant Shipping Services Private Limited.
- Pankaj Mehrotra
- Viral Vijay Parekh
- Ashok Kumar Jain
What is the registered address of Merchant Shipping Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Merchant Shipping Services Private Limited is Unit 102 Technopolis Knowledge Park Mahakali Caves Road Andheri East India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Merchant Shipping Services Private Limited?
The corporate identification number (CIN) of Merchant Shipping Services Private Limited is U61000MH1996PTC104246 and the company number is 104246 as per Ministry of Corporate Affairs (MCA).
What is the official website of Merchant Shipping Services Private Limited?
The Official website of Merchant Shipping Services Private Limited is https://www.merchantshpg.com
What has been the recent revenue trend for Merchant Shipping Services Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Merchant Shipping Services Private Limited has fallen by -2.15%.
How many employees does Merchant Shipping Services Private Limited currently have?
As Per 2022 financial reports, 103 employees are currently employed by Merchant Shipping Services Private Limited.
What change has been observed in the net worth of Merchant Shipping Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Merchant Shipping Services Private Limited has experienced an downturn of -5.95%.
When was the last Balance Sheet of Merchant Shipping Services Private Limited filed with the ROC?
The most recent Balance Sheet for Merchant Shipping Services Private Limited was filed with the ROC on 31 Mar 2023.
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