Seaways Shipping And Logistics Profile
Key Indicators
- Authorised Capital ₹ 102.00 Cr
- Paid Up Capital ₹ 21.48 Cr
- Company Age 35 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 136.63 Cr
- Satisfied Charges ₹ 351.28 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 two months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Seaways Shipping 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 ₹136.63 Cr. The company has closed loans amounting to ₹351.28 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 Five 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
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.
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 | 14-Apr-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tuktuk Kumar | Director | 02-Sep-2015 | Current |
| Mohandas Nair | Director | 15-Jan-2015 | Current |
| Parvataneni Saratkumar | Whole-Time Director | 01-Apr-1994 | Current |
| Vivek Parvataneni | Whole-Time Director | 01-Apr-1994 | Current |
| Nagoji Mohan | Nominee Director | 16-May-2024 | Current |
| Jithendra Nimmagadda | Nominee Director | 10-Dec-2021 | 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
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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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Ecolastic Products Private LimitedJithendra Nimmagadda is a mutual person
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- Seamaster Sea And Air Logistics Private Limited
Parvataneni Saratkumar and Vivek Parvataneni are mutual person
Charges (Loans)
₹136.63 Cr
₹351.28 Cr
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
- Canara Bank : 32.65 Cr
- Axis Bank Limited : 3.20 Cr
- Hdfc Bank Limited : 0.78 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 |
| 04 Jan 2019 | Hdfc Bank Limited | ₹2.26 M | Open |
How Many Employees Work at Seaways Shipping And Logistics?
Seaways Shipping And Logistics has a workforce of 283 employees as of Jul 23, 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 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.
