Sovereign Shipping Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.98 Cr
- Revenue Growth -31.17%
- Profit Growth -83.19%
- Ebitda -81.14%
- Net Worth 6.89%
- Total Assets -24.39%
About Sovereign Shipping
Sovereign Shipping Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 2006 and has a history of 18 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Arebee Logistics 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.98 Cr.
Sunil Jasraj, Apurva Jasraj, and Bipin Vazirani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63012MH2006PTC163974
- Company No.
163974
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Aug 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Sovereign Shipping Private Limited offer?
Sovereign Shipping Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Freight Forwarding Services, Marketing Services & Consultants, Marketing Services, Transport Agents & Bulk Carriers, Logistics Service, Cargo Transportation Services.
Who are the key members and board of directors at Sovereign Shipping?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Jasraj  | Director | 22-Dec-2008 | Current |
| Apurva Jasraj | Director | 22-Dec-2008 | Current |
| Bipin Vazirani | Director | 28-Aug-2006 | Current |
Financial Performance of Sovereign Shipping.
Sovereign Shipping Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.17% decrease. The company also saw a substantial fall in profitability, with a 83.19% decrease in profit. The company's net worth moved up by a moderate rise of 6.89%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Sovereign Shipping?
In 2023, Sovereign Shipping had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Safset Forwarders Private Limited.Sunil Jasraj and Bipin Vazirani are mutual person
Krishna Cargo Movers Private LimitedBipin Vazirani is a mutual person
Venti Air Services Private LimitedSunil Jasraj, Apurva Jasraj and 1 more are mutual person
- Samudra Logistics & Shipping Private Limited
Sunil Jasraj and Apurva Jasraj are mutual person
- Us Amino Private Limited
Bipin Vazirani is a mutual person
- Emes Trading Pvt Ltd
Bipin Vazirani is a mutual person
Charges (Loans)
₹19.80 M
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 1.00 Cr
- Bank Of India : 0.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2015 | Yes Bank Limited | ₹1.00 Cr | Open |
| 26 Aug 2008 | Bank Of India | ₹9.80 M | Open |
How Many Employees Work at Sovereign Shipping?
Sovereign Shipping has a workforce of 23 employees as of Mar 31, 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 Sovereign 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 Sovereign 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.
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.
