Mermaid Shipping Limited

Provides ship's spare parts, including diesel engines, generators, turbochargers, compressors, and pumps.

1997 | Thane, Maharashtra (India) | Active
Last Updated: December 21, 2024

Mermaid Shipping Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -84.76%
  • Profit Growth 14.77%
  • Ebitda -89.70%
  • Net Worth 0.04%
  • Total Assets -0.93%

About Mermaid Shipping

Mermaid Shipping Limited (MSL) is a Public Limited Indian Non-Government Company incorporated in India on 09 May 1997 and has a history of 27 years and nine months. Its registered office is in Thane, Maharashtra.

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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Sharma, Vikas Kumar, and Vivek Sharma serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U35110MH1997PLC107920

  • Company No.

    107920

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Mermaid Shipping Limited offer?

Mermaid Shipping Limited offers a wide range of products and services, including Separators, Strainers & Purifiers, Separator Equipments, Marine Tools & Equipments, Marine Fittings, Marine Engine, Air Compressors, Engine Oil, MAK Engine Oil, Submersible Pump, Borewell Pumps.

Who are the key members and board of directors at Mermaid Shipping?

Executive Team (1)

Name Designation Appointment Date Status
Vivek Sharma Country flag representing In Managing Director 25-Jan-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Ramesh Sharma Country flag representing In Director 15-May-1997 Current
Vikas Kumar Country flag representing In Director 15-May-2006 Current

Financial Performance of Mermaid Shipping.

Mermaid Shipping Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 84.76% decrease. The company also saw a substantial improvement in profitability, with a 14.77% increase in profit. The company's net worth moved up by a moderate rise of 0.04%.

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
-84.76%
Revenue from Operations
-84.76%
Total Assets
-0.93%
Profit or Loss
14.77%
Net Worth
0.04%
EBITDA
-89.70%

What is the Ownership and Shareholding Structure of Mermaid Shipping?

In 2019, Mermaid Shipping had a promoter holding of 78.40% and a public holding of 21.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mermaid Shipping?

Unlock and access historical data on people associated with Mermaid Shipping, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mermaid Shipping, 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 Mermaid Shipping'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 Mermaid Shipping

Recent activity within the organization

  • Annual General Meeting

    Mermaid Shipping Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mermaid Shipping Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vikas Kumar was appointed as a Director was appointed as a Director on 15 May 2006 & has been associated with this company since 18 years 8 months .

    15 May 2006

  • Director Appointment

    Vivek Kumar Sharma was appointed as a Managing Director was appointed as a Managing Director on 25 Jan 2001 & has been associated with this company since 24 years 13 days .

    25 Jan 2001

  • Director Appointment

    Ramesh Kumar Sharma was appointed as a Director was appointed as a Director on 15 May 1997 & has been associated with this company since 27 years 8 months .

    15 May 1997

  • Company Incorporation

    Mermaid Shipping Limited was registered on 09 May 1997 with Roc Mumbai & aged 27 years 9 months as per MCA records.

    09 May 1997

Frequently asked questions

  • Mermaid Shipping Limited was incorporated on 09 May 1997.

  • The authorized share capital of Mermaid Shipping Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Mermaid Shipping Limited.

    • Ramesh Kumar Sharma
    • Vikas Kumar
    • Vivek Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mermaid Shipping Limited is 4A Sai Dham Plot 11Bsector 10 Vashi Navi Mumbai India, Thane, Maharashtra, 400705.

  • The corporate identification number (CIN) of Mermaid Shipping Limited is U35110MH1997PLC107920 and the company number is 107920 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mermaid Shipping Limited is https://www.mermaidshippingltd.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mermaid Shipping Limited has fallen by -84.76%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mermaid Shipping Limited has experienced an upsurge of 0.04%.

  • The most recent Balance Sheet for Mermaid Shipping Limited was filed with the ROC on 31 Mar 2024.

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