Sitara Shipping Limited

Provides shipping, cargo handling, and related services for various clients in the industry.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Sitara Shipping Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 44 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -74.14%
  • Profit Growth -1685.17%
  • Ebitda -1190.68%
  • Net Worth -44.08%
  • Total Assets -17.42%

About Sitara Shipping

Sitara Shipping Limited (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 15 January 1981 and has a history of 44 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sitara Shipping 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 2.00 Cr and a paid-up capital of Rs 1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sumeet Sahi, Sanjam Gupta, Inderjit Satnamsingh, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63040MH1981PLC023712

  • Company No.

    023712

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (4)

Name Designation Appointment Date Status
Sumeet Sahi Country flag representing In Director 08-Sep-1997 Current
Sanjam Gupta Country flag representing In Director 08-Sep-1997 Current
Inderjit Satnamsingh Country flag representing In Director 15-Jan-1981 Current
Satnam Sahi Country flag representing In Director 15-Jan-1981 Current

Financial Performance of Sitara Shipping.

Sitara Shipping Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.14% decrease. The company also saw a substantial fall in profitability, with a 1685.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.08%.

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
-74.14%
Revenue from Operations
-74.30%
Total Assets
-17.42%
Profit or Loss
-1685.17%
Net Worth
-44.08%
EBITDA
-1190.68%

What is the Ownership and Shareholding Structure of Sitara Shipping?

In 2023, Sitara Shipping had a promoter holding of 94.65% and a public holding of 5.35%. 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 Sitara Shipping?

Sitara Shipping has a workforce of 2 employees as of Apr 08, 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 Sitara 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 Sitara 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 Sitara Shipping

Recent activity within the organization

  • Annual General Meeting

    Sitara Shipping Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sitara Shipping Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sumeet Sahi was appointed as a Director was appointed as a Director on 08 Sep 1997 & has been associated with this company since 27 years 4 months .

    08 Sep 1997

  • Director Appointment

    Sanjam Gupta was appointed as a Director was appointed as a Director on 08 Sep 1997 & has been associated with this company since 27 years 4 months .

    08 Sep 1997

  • Director Appointment

    Satnam Singh Ramsingh Sahi was appointed as a Director was appointed as a Director on 15 Jan 1981 & has been associated with this company since 44 years 16 days .

    15 Jan 1981

  • Director Appointment

    Inderjit Sahi Satnamsingh was appointed as a Director was appointed as a Director on 15 Jan 1981 & has been associated with this company since 44 years 16 days .

    15 Jan 1981

Frequently asked questions

  • Sitara Shipping Limited was incorporated on 15 Jan 1981.

  • The authorized share capital of Sitara Shipping Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 4 directors are associated with Sitara Shipping Limited.

    • Sumeet Sahi
    • Sanjam Gupta
    • Inderjit Sahi Satnamsingh
    • Satnam Singh Ramsingh Sahi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitara Shipping Limited is 18 Onlooker Buildingsir P M Road Fort, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Sitara Shipping Limited is U63040MH1981PLC023712 and the company number is 023712 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sitara Shipping Limited is https://www.sitarashipping.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sitara Shipping Limited has fallen by -74.14%.

  • As Per 2023 financial reports, 2 employees are currently employed by Sitara Shipping Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sitara Shipping Limited has experienced an downturn of -44.08%.

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