Seaways Shipping And Logistics Profile
Key Indicators
- Authorised Capital ₹ 102.00 Cr
- Paid Up Capital ₹ 21.48 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 136.14 Cr
- Satisfied Charges ₹ 351.76 Cr
- Revenue Growth -43.03%
- Profit Growth -228.65%
- Ebitda 41.68%
- Net Worth -2251.14%
- Total Assets -0.07%
About Seaways Shipping And Logistics
Seaways Shipping And Logistics Limited (SSALL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1989 and has a history of 35 years and four months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Seaways Shipping Services Private Limited. 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 102.00 Cr and a paid-up capital of Rs 21.48 Cr.
The company currently has active open charges totaling ₹136.14 Cr. The company has closed loans amounting to ₹351.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Seaways Shipping And Logistics Limited India is Shyamsundar Ponkshe as CFO. Parvataneni Saratkumar, Vivek Parvataneni, Venkata Parvataneni, and Ten other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63010TG1989PLC010716
- Company No.
010716
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Dec 1989
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Transport and Logistics
What products or services does Seaways Shipping And Logistics Limited offer?
Seaways Shipping And Logistics Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Marine Service, Freight Forwarding Services, Computer and Mobile Softwares & Apps, Supply Chain Management Software, Inspection & Quality Check Services, Survey Solution, Cargo Transportation Services, Clearing & Forwarding Services, Air Cargo Service.
Seaways Shipping And Logistics Limited
Explore comprehensive data for Seaways Shipping And Logistics Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Seaways Shipping And Logistics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Parvataneni  | Managing Director | 01-Dec-1989 | Current |
| Shyamsundar Ponkshe | CFO | 11-May-2023 | Current |
Board Members (12)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tuktuk Kumar | Director | 02-Sep-2015 | Current |
| Mohandas Nair | Director | 15-Jan-2015 | Current |
| Harish Agarwal | Director | 17-Dec-2024 | Current |
| Parvataneni Saratkumar | Whole-Time Director | 01-Apr-1994 | Current |
| Vivek Parvataneni | Whole-Time Director | 01-Apr-1994 | Current |
| Nagoji Mohan | Nominee Director | 07-May-2024 | Current |
Financial Performance of Seaways Shipping And Logistics.
Seaways Shipping And Logistics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.03% decrease. The company also saw a substantial fall in profitability, with a 228.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2251.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Seaways Shipping And Logistics?
In 2023, Seaways Shipping And Logistics had a promoter holding of 94.93% and a public holding of 5.07%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹136.14 Cr
Satisfied Charges
₹351.76 Cr
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
- Canara Bank : 32.65 Cr
- Axis Bank Limited : 3.20 Cr
- Hdfc Bank Limited : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2023 | Axis Bank Limited | ₹3.20 Cr | Open |
| 02 Jun 2022 | Hdfc Bank Limited | ₹1.51 M | Open |
| 30 Dec 2021 | Hdfc Bank Limited | ₹1.41 M | Open |
| 29 Oct 2021 | Others | ₹100.00 Cr | Open |
| 05 Dec 2017 | Canara Bank | ₹32.65 Cr | Open |
How Many Employees Work at Seaways Shipping And Logistics?
Seaways Shipping And Logistics has a workforce of 108 employees as of Mar 10, 2025. 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 Seaways Shipping And Logistics, 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 Seaways Shipping And Logistics'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 Seaways Shipping And Logistics
Recent activity within the organization
- Director Appointment
Uma Maheswara Rao Pothula was appointed as a Director was appointed as a Director on 17 Dec 2024 & has been associated with this company since 4 months 10 days .
- Director Appointment
Harish Prakash Agarwal was appointed as a Director was appointed as a Director on 17 Dec 2024 & has been associated with this company since 4 months 10 days .
- Director Appointment
Rajesh Puri was appointed as a Director was appointed as a Director on 17 Dec 2024 & has been associated with this company since 4 months 10 days .
- Director Appointment
Rayapati Suvarna Lakshmi was appointed as a Director was appointed as a Director on 17 Dec 2024 & has been associated with this company since 4 months 10 days .
- Director Appointment
Pushpak Kakkar was appointed as a Director was appointed as a Director on 17 Dec 2024 & has been associated with this company since 4 months 10 days .
- Charges
A charge registered on 04 Jan 2019 via Charge ID 100232824 with Hdfc Bank Limited was fully satisfied on 16 Nov 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Seaways Shipping And Logistics Limited?
Seaways Shipping And Logistics Limited was incorporated on 01 Dec 1989.
What is authorized share capital and paid-up capital of Seaways Shipping And Logistics Limited?
The authorized share capital of Seaways Shipping And Logistics Limited is ₹ 102.00 Cr and paid-up capital is ₹ 21.48 Cr.
Who are the current board members & directors of Seaways Shipping And Logistics Limited?
Currently 14 directors are associated with Seaways Shipping And Logistics Limited.
- Parvataneni Saratkumar
- Vivek Anand Parvataneni
- Venkata Krishna Mohan Parvataneni
- Nagoji Ram Mohan
- Uma Maheswara Rao Pothula
- Harish Prakash Agarwal
- Mohandas Karunakaran Nair
- Jithendra Nimmagadda
- Tuktuk Kumar
- Rajesh Puri
- Rayapati Suvarna Lakshmi
- Vijayendra Parvataneni
- Pushpak Kakkar
- Shyamsundar Vishnu Ponkshe
What is the registered address of Seaways Shipping And Logistics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Seaways Shipping And Logistics Limited is Seaways Pride Plot No. 731, Road 36 Jubilee Hills India, Hyderabad, Telangana, 500034.
What is the corporate identification number (CIN) and company number of Seaways Shipping And Logistics Limited?
The corporate identification number (CIN) of Seaways Shipping And Logistics Limited is U63010TG1989PLC010716 and the company number is 010716 as per Ministry of Corporate Affairs (MCA).
What is the official website of Seaways Shipping And Logistics Limited?
The Official website of Seaways Shipping And Logistics Limited is https://www.seawaysindia.com
What has been the recent revenue trend for Seaways Shipping And Logistics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Seaways Shipping And Logistics Limited has fallen by -43.03%.
How many employees does Seaways Shipping And Logistics Limited currently have?
As Per 2023 financial reports, 108 employees are currently employed by Seaways Shipping And Logistics Limited.
What change has been observed in the net worth of Seaways Shipping And Logistics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Seaways Shipping And Logistics Limited has experienced an downturn of -2251.14%.
What are the total open charges for Seaways Shipping And Logistics Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Seaways Shipping And Logistics Limited amount to ₹ 136.14 Cr.
When was the last Balance Sheet of Seaways Shipping And Logistics Limited filed with the ROC?
The most recent Balance Sheet for Seaways Shipping And Logistics Limited was filed with the ROC on 31 Mar 2023.
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