About
Basic Data Updated:
11 days agoSea and coastal freight water transport services are provided by Seven Islands Shipping Limited. The company was incorporated as a private limited company in May 2002 and was later reconstituted as a public limited company with the current name in 2003, as stated in its credit rating report. Ships are owned and chartered by SISL, with a current fleet of 19 ships including 2 small tankers, 2 general purpose tankers, 12 MR tankers, 1 Suezmax, 1 long-range tanker, and 1 VLCC. Out of these, 5 vessels are deployed on voyage charter while the remaining 14 are on time charter. The company's esteemed clientele includes public sector oil companies such as Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd. SISL takes pride in being an ISO 9001:201... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | U61100MH2002PLC135732 |
| Company No. | 135732 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 02 May 2002 |
| Date of AGM | 20 Oct 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Financials of Seven Islands Shipping Limited
Seven Islands Shipping Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 28.31% increase. The company also saw a substantial improvement in profitability, with a 42.19% increase in profit. The company's net worth Soared by an impressive increase of 14.1%.
Enhance accessibility to Seven Islands Shipping's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Seven Islands Shipping's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Seven Islands Shipping Limited
Unlock and access historical data on people associated with Seven Islands Shipping, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
Jay Parekh
Company SecretaryAppointment Date: 01-Aug-2017
Status: Current
TP
Thomas Pinto Managing DirectorAppointment Date: 02-May-2002
Status: Current
CP
Clayton Pinto CEOAppointment Date: 01-Jul-2020
Status: Current
WP
Warren Pinto CFOAppointment Date: 17-Aug-2017
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 31 Jan 2024 | ₹59.50 Cr | Open |
Hdfc Bank Limited Creation Date: 31 Jan 2024 | ₹85.50 Cr | Open |
Axis Bank Limited Creation Date: 16 Oct 2023 | ₹85.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Seven Islands 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 Seven Islands Shipping'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.
Alert
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.
Related Corporates (Common Directorship)
Maxop Engineering Company Private Limited
Active
29 years 8 months Sumit Maheshwari is a mutual person
Recent activity within the organization
Charges
A charge with Hdfc Bank Limited amounted to Rs. 59.50 cr with Charge ID 100866904 was registered on 31 Jan 2024.
31 Jan 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 85.50 cr with Charge ID 100866917 was registered on 31 Jan 2024.
31 Jan 2024Charges
A charge with Hdfc Bank Limited of Rs. 250.00 cr registered on 19 Jan 2022 with Charge ID 100559177 was modified on 31 Jan 2024.
31 Jan 2024Charges
A charge with Axis Bank Limited of Rs. 85.00 cr registered on 16 Oct 2023 with Charge ID 100806029 was modified on 18 Dec 2023.
18 Dec 2023Annual General Meeting
Seven Islands Shipping Limited last Annual general meeting of members was held on 20 Oct 2023 as per latest MCA records.
20 Oct 2023
Recent News, Updates & Announcement
Fairfax India Completes Investment in Seven Islands Shipping Limited.Digital Journal 29 Mar 2019
- Seven Islands Shipping gets SEBIs approval for Rs 450crore IPO.
Moneycontrol 13 Nov 2017
- Mumbai Company Plans Rs650 Crore IPO to Expand Fleet and Pay Off Debt Joining Other Logistics Giants in Raising Funds.
When you hear Mumbai company planning to raise Rs650 crore through IPO you be like Wow thats a lot of money Theyve been in business since 2002 and have ships all over India Arabian Gulf and SouthEast Asia They deal with crude oil and liquid products and have big clients like Indian Oil Corp Ltd Theyre gonna use the money to buy more ships and pay off debt Edelweiss bank is helping them with the IPO Other logistics companies have also raised money through IPOs Mahindra Logistics and Continental Warehousing are also planning to do the same MoneyMoves IPOGoals LogisticsLife.
mint 27 Sep 2017
Frequently asked questions
What is the Incorporation or founding date of Seven Islands Shipping Limited?
