About
Basic Data Updated:
26 days agoThe Great Eastern Shipping Company Limited, according to its credit rating report, is considered to be a private shipping company in India based on its tonnage. In the shipping industry, TGESCO is the proud owner and operator of 46 vessels, which includes 34 tankers (11 of which are crude carriers, 17 are product carriers, and 5 are gas carriers) and 13 dry bulk carriers. As of December 31, 2019, the average age of these vessels is 11.44 years, with a total deadweight tonnage of 3.85 million. Additionally, its subsidiary, Greatship (India) Limited, specializes in providing offshore oilfield services. The company is backed by the Sheth brothers and the Bhiwandiwalla family.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to The Great Eastern Shipping Company Limited
Vocational Training
Financials of The Great Eastern Shipping Company Limited
The Great Eastern Shipping Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.8% increase. The company also saw a substantial improvement in profitability, with a 189.77% increase in profit. The company's net worth Soared by an impressive increase of 29.66%.
Corporate Structure
Unlock access to The Great Eastern Shipping Company'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 The Great Eastern Shipping Company Limited
Unlock and access historical data on people associated with The Great Eastern Shipping Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Bharat Sheth
Managing DirectorAppointment Date: 01-Apr-2010
Status: Current
SG
Shivakumar Gomathinayagam CFOAppointment Date: 07-May-2014
Status: Current
AP
Anand Punde Company SecretaryAppointment Date: 01-Jul-2023
Status: Current
Board Members(14)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Standard Chartered Bank Creation Date: 16 Apr 2021 | ₹160.69 Cr | Open |
Standard Chartered Bank Creation Date: 27 Jan 2021 | ₹138.94 Cr | Open |
Others Creation Date: 21 Jan 2021 | ₹150.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Great Eastern Shipping Company, 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 The Great Eastern Shipping Company'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)
25 years 4 months 
Recent activity within the organization
Charges
A charge with Others of Rs. 150.00 cr registered on 21 Jan 2021 with Charge ID 100427266 was modified on 16 Feb 2024.
16 Feb 2024Annual General Meeting
The Great Eastern Shipping Company Limited last Annual general meeting of members was held on 03 Aug 2023 as per latest MCA records.
03 Aug 2023Charges
A charge with Standard Chartered Bank of Rs. 138.94 cr registered on 27 Jan 2021 with Charge ID 100412868 was modified on 26 Jun 2023.
26 Jun 2023Charges
A charge registered on 27 Aug 2019 via Charge ID 100286293 with Standard Chartered Bank was fully satisfied on 26 Jun 2023.
26 Jun 2023Director Appointment
Bhavna Gautam Doshi was appointed as a Director was appointed as a Director on 12 May 2023 & has been associated with this company since 1 year 6 days .
12 May 2023
Recent News, Updates & Announcement
Harbor Lab announces collaboration with Great Eastern Shipping Co Ltd.Seanews 12 Jan 2024
- Great Eastern Invests in Gas Carrier.
Worldmaritimenews 04 Sep 2017
- GE Shipping Q1 net plunges 58 to Rs103 crore Mint.
Great Eastern Shipping Co posted 58 decline in consolidated net profit at Rs10356 crore for the first quarter.
mint 10 Aug 2017
- Great Eastern Shipping Q3 Net down 33 at Rs 238 crore.
Business Standard 03 Feb 2017
- G E Shipping contracts to buy a Suezmax Crude Carrier.
India Infoline 27 Dec 2016
Frequently asked questions
What is the Incorporation or founding date of The Great Eastern Shipping Company Limited?
