Shahi Shipping Limited

This company operates in the shipping industry, providing various services such as barge operations, port-related activities, and fuel distribution.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: June 30, 2024

Shahi Shipping Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 14.49 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 71.04 Cr
  • Satisfied Charges ₹ 108.59 Cr
  • Revenue Growth 4.13%
  • Profit Growth 581.13%
  • Ebitda 109.97%
  • Net Worth 14.19%
  • Total Assets -2.43%

About Shahi Shipping

Shahi Shipping Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 October 1990 and has a history of 34 years and three months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526508.

The Corporate was formerly known as Shahi Shipping & Transport 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 30.00 Cr and a paid-up capital of Rs 14.49 Cr.

The company currently has active open charges totaling ₹71.04 Cr. The company has closed loans amounting to ₹108.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shahi Shipping Limited India are Nungavaram Agandeswaran as COMPANY SECRETARY and Dakshata Chavan as Cfo. Sarvesh Shahi, Anjali Shahi, Omprakash Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shahilogistics.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L61100MH1990PLC058680

  • Company No.

    058680

  • Stock Symbol

    BSE : 526508

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1990

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nungavaram Agandeswaran Company Secretary05-Mar-2024Current
Dakshata Chavan CFO18-Mar-2024Current
Sarvesh Shahi Country flag representing In Managing Director26-Oct-1990Current

Board Members (3)

NameDesignationAppointment DateStatus
Anjali Shahi Country flag representing In Director 13-Feb-2019Current
Omprakash Singh Country flag representing In Director 05-Feb-2021Current
Sanjeev Singh Country flag representing In Director 13-Feb-2020Current

Financial Performance of Shahi Shipping.

Shahi Shipping Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.13% increase. The company also saw a substantial improvement in profitability, with a 581.13% increase in profit. The company's net worth Soared by an impressive increase of 14.19%.

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
4.13%
Revenue from Operations
15.86%
Total Assets
-2.43%
Profit or Loss
581.13%
Net Worth
14.19%
EBITDA
109.97%

What is the Ownership and Shareholding Structure of Shahi Shipping?

In 2021, Shahi Shipping had a promoter holding of 73.10% and a public holding of 26.89%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.04 Cr

Satisfied Charges

₹108.59 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 27.50 Cr
  • Scici Ltd : 10.00 Cr
  • Idbi Bank : 10.00 Cr
  • Bank Of India : 9.55 Cr
  • State Bank Of India : 7.84 Cr
  • Others : 6.15 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2012Dena Bank₹1.50 CrOpen
03 Nov 2007Hdfc Bank Limited₹3.50 MOpen
29 Jul 2006Dena Bank₹13.50 CrOpen
25 Jun 2004State Bank Of India₹7.84 CrOpen
18 Feb 2004Dena Bank₹12.50 CrOpen

How Many Employees Work at Shahi Shipping?

Shahi Shipping has a workforce of 9 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 Shahi 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 Shahi 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 Shahi Shipping

Recent activity within the organization

  • Director Appointment

    Dakshata Rajendra Chavan was appointed as a Cfo was appointed as a Cfo on 18 Mar 2024 & has been associated with this company since 11 months 6 days .

    18 Mar 2024

  • Director Appointment

    Nungavaram Vaidyanathan Agandeswaran was appointed as a Company Secretary was appointed as a Company Secretary on 05 Mar 2024 & has been associated with this company since 11 months 19 days .

    05 Mar 2024

  • Annual General Meeting

    Shahi Shipping Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Shahi Shipping 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 18 Apr 2007 via Charge ID 10060664 with State Bank Of Indore was fully satisfied on 15 Jul 2022.

    15 Jul 2022

  • Charges

    A charge registered on 14 Feb 2005 via Charge ID 80063226 with State Bank Of Indore was fully satisfied on 15 Jul 2022.

    15 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Shahi Shipping Limited was incorporated on 26 Oct 1990.

  • The authorized share capital of Shahi Shipping Limited is ₹ 30.00 Cr and paid-up capital is ₹ 14.49 Cr.

  • Currently 6 directors are associated with Shahi Shipping Limited.

    • Nungavaram Vaidyanathan Agandeswaran
    • Dakshata Rajendra Chavan
    • Sarvesh Kumar Shahi
    • Anjali Shahi
    • Omprakash Ramdhin Singh
    • Sanjeev Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shahi Shipping Limited is 404 Abhay Steel House4 Th Floor, Baroda Street, Mumbai, Maharashtra, India, 400009.

  • The corporate identification number (CIN) of Shahi Shipping Limited is L61100MH1990PLC058680 and the company number is 058680 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shahi Shipping Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shahi Shipping Limited is https://www.shahilogistics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shahi Shipping Limited has risen by 4.13%.

  • As Per 2023 financial reports, 9 employees are currently employed by Shahi Shipping Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shahi Shipping Limited has experienced an upsurge of 14.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shahi Shipping Limited amount to ₹ 71.04 Cr.

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

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