Stone Shippers Limited

Manufactures and exports sandstone and limestone for hard landscaping to various countries.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Stone Shippers Profile

Key Indicators

  • Authorised Capital ₹ 10.05 Cr
  • Paid Up Capital ₹ 1.17 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.00 Cr
  • Revenue Growth -71.66%
  • Profit Growth -95.16%
  • Ebitda -101.13%
  • Net Worth 0.83%
  • Total Assets -13.96%

About Stone Shippers

Stone Shippers Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 February 2008 and has a history of 16 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.05 Cr and a paid-up capital of Rs 1.17 M.

The company currently has active open charges totaling ₹38.00 Cr.

Shibani Bazaz, Rajiv Bazaz, Rahul Bazaz, 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

    U13204MH2008PLC179588

  • Company No.

    179588

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Feb 2008

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Stone Shippers?

Executive Team (1)

Name Designation Appointment Date Status
Rajiv Bazaz Country flag representing In Managing Director 29-Feb-2008 Current

Board Members (3)

Name Designation Appointment Date Status
Vir Bazaz Country flag representing In Additional Director 27-May-2024 Current
Rahul Bazaz Country flag representing In Director 01-Sep-2013 Current
Shibani Bazaz Country flag representing In Whole-Time Director 28-Feb-2009 Current

Financial Performance of Stone Shippers.

Stone Shippers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.66% decrease. The company also saw a substantial fall in profitability, with a 95.16% decrease in profit. The company's net worth moved up by a moderate rise of 0.83%.

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
-71.66%
Revenue from Operations
-72.09%
Total Assets
-13.96%
Profit or Loss
-95.16%
Net Worth
0.83%
EBITDA
-101.13%

What is the Ownership and Shareholding Structure of Stone Shippers?

In 2023, Stone Shippers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 20.00 Cr
  • Citi Bank N.A. : 18.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Dec 2023 Axis Bank Limited ₹20.00 Cr Open
19 Jul 2019 Citi Bank N.A. ₹18.00 Cr Open

How Many Employees Work at Stone Shippers?

Stone Shippers has a workforce of 351 employees as of Apr 09, 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 Stone Shippers, 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 Stone Shippers'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 Stone Shippers

Recent activity within the organization

  • Annual General Meeting

    Stone Shippers Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Director Appointment

    Vir Bazaz was appointed as a Additional Director was appointed as a Additional Director on 27 May 2024 & has been associated with this company since 8 months 7 days .

    27 May 2024

  • Balance Sheet

    Stone Shippers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100851097 was registered on 27 Dec 2023.

    27 Dec 2023

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 18.00 Cr with Charge ID 100280264 was registered on 19 Jul 2019.

    19 Jul 2019

  • Director Appointment

    Rahul Bazaz was appointed as a Director was appointed as a Director on 01 Sep 2013 & has been associated with this company since 11 years 5 months .

    01 Sep 2013

Frequently asked questions

  • Stone Shippers Limited was incorporated on 29 Feb 2008.

  • The authorized share capital of Stone Shippers Limited is ₹ 10.05 Cr and paid-up capital is ₹ 1.17 M.

  • Currently 4 directors are associated with Stone Shippers Limited.

    • Shibani Bazaz
    • Rajiv Bazaz
    • Rahul Bazaz
    • Vir Bazaz
  • As per Ministry of Corporate Affairs (Mca), the registered address of Stone Shippers Limited is 117 Jolly Maker Chambers Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Stone Shippers Limited is U13204MH2008PLC179588 and the company number is 179588 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Stone Shippers Limited is https://www.stoneshippers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Stone Shippers Limited has fallen by -71.66%.

  • As Per 2023 financial reports, 351 employees are currently employed by Stone Shippers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Stone Shippers Limited has experienced an upsurge of 0.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Stone Shippers Limited amount to ₹ 38.00 Cr.

  • The most recent Balance Sheet for Stone Shippers Limited was filed with the ROC on 31 Mar 2024.

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