Merchant Shipping Services Private Limited

Provides comprehensive shipping services for various types of vessels and cargo, with nationwide operations.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Merchant Shipping Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 28 Year, 2 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 two 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

    merchantshpg.com

  • 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)

NameDesignationAppointment DateStatus
Pankaj Mehrotra Country flag representing In Director 11-Jun-2020Current
Ashok Jain Country flag representing In Director 15-May-2017Current
Viral Parekh Country flag representing In Director 28-Jul-2021Current

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%.

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
-2.15%
Revenue from Operations
2.18%
Total Assets
-2.05%
Profit or Loss
18.89%
Net Worth
-5.95%
EBITDA
48.34%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹220.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 22.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2021Standard Chartered Bank₹22.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    29 Sep 2023

  • Balance Sheet

    Merchant Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 16 Mar 2021 via Charge ID 100430969 with Standard Chartered Bank was fully satisfied on 27 Dec 2022.

    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 6 months .

    28 Jul 2021

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 220.00 M with Charge ID 100430969 was registered on 16 Mar 2021.

    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 8 months .

    11 Jun 2020

Frequently asked questions

  • Merchant Shipping Services Private Limited was incorporated on 29 Nov 1996.

  • The authorized share capital of Merchant Shipping Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Merchant Shipping Services Private Limited.

    • Pankaj Mehrotra
    • Viral Vijay Parekh
    • Ashok Kumar Jain
  • 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.

  • 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).

  • The Official website of Merchant Shipping Services Private Limited is https://www.merchantshpg.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Merchant Shipping Services Private Limited has fallen by -2.15%.

  • As Per 2022 financial reports, 103 employees are currently employed by Merchant Shipping Services Private Limited.

  • 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%.

  • The most recent Balance Sheet for Merchant Shipping Services Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Shipping & Maritime Services