The Great Eastern Shipping Company Limited

A private shipping company in India with a fleet of 46 vessels and offshore oilfield services.

1948 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

The Great Eastern Shipping Company Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 142.77 Cr
  • Company Age 76 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,035.70 Cr
  • Satisfied Charges ₹ 8,608.82 Cr
  • Revenue Growth 71.80%
  • Profit Growth 189.77%
  • Ebitda 101.40%
  • Net Worth 29.66%
  • Total Assets 9.64%

About The Great Eastern Shipping Company

The Great Eastern Shipping Company Limited (TGESCL) was founded in India on 03 August 1948 and has a glorious history of 76 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500620 and on the National Stock Exchange(NSE) under GESHIP.

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 500.00 Cr and a paid-up capital of Rs 142.77 Cr.

The company currently has active open charges totaling ₹3,035.70 Cr. The company has closed loans amounting to ₹8,608.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Great Eastern Shipping Company Limited India are Anand Punde as COMPANY SECRETARY and Shivakumar Gomathinayagam as Cfo. Keki Mistry, Kanaiyalal Sheth, Bharat Sheth, and Twelve other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    greatship.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L35110MH1948PLC006472

  • Company No.

    006472

  • Stock Symbol

    BSE : 500620 NSE : GESHIP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 1948

  • Date of AGM

    03 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does The Great Eastern Shipping Company Limited offer?

The Great Eastern Shipping Company Limited offers a wide range of products and services, including Vocational Education and Training, Vocational Training.

Who are the key members and board of directors at The Great Eastern Shipping Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Bharat Sheth Country flag representing In Managing Director01-Apr-2010Current
Anand Punde Company Secretary01-Jul-2023Current
Shivakumar Gomathinayagam Country flag representing In CFO07-May-2014Current

Board Members (13)

NameDesignationAppointment DateStatus
Uday Shankar Country flag representing In Director 06-May-2022Current
Keki Mistry Country flag representing In Director 14-Mar-2003Current
Bhavna Doshi Country flag representing In Director 12-May-2023Current
Berjis Desai Country flag representing In Director 18-Dec-2006Current
Kanaiyalal Sheth Country flag representing In Director 03-Apr-1970Current
Shiv Menon Country flag representing In Director 06-May-2022Current

Financial Performance of The Great Eastern Shipping Company.

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%.

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
71.80%
Revenue from Operations
70.72%
Total Assets
9.64%
Profit or Loss
189.77%
Net Worth
29.66%
EBITDA
101.40%

What is the Ownership and Shareholding Structure of The Great Eastern Shipping Company?

In 2023, The Great Eastern Shipping Company had a promoter holding of 30.08% and a public holding of 69.93%. The company had 4 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

₹3,035.70 Cr

Satisfied Charges

₹8,608.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 847.60 Cr
  • State Bank Of India : 426.27 Cr
  • Scici Ltd : 312.50 Cr
  • Standard Chartered Bank : 299.63 Cr
  • Ltf : 242.50 Cr
  • Others : 907.21 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2021Standard Chartered Bank₹160.69 CrOpen
27 Jan 2021Standard Chartered Bank₹138.94 CrOpen
21 Jan 2021Others₹150.00 CrOpen
19 Oct 2020Others₹147.60 CrOpen
19 Jun 2018Others₹300.00 CrOpen

How Many Employees Work at The Great Eastern Shipping Company?

The Great Eastern Shipping Company has a workforce of 790 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 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

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 The Great Eastern Shipping Company

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 2024

  • Annual 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 2023

  • Charges

    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 2023

  • Charges

    A charge registered on 27 Aug 2019 via Charge ID 100286293 with Standard Chartered Bank was fully satisfied on 26 Jun 2023.

    26 Jun 2023

  • Director 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 9 months .

    12 May 2023

  • Balance Sheet

    The Great Eastern Shipping Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • The Great Eastern Shipping Company Limited was incorporated on 03 Aug 1948.

  • The authorized share capital of The Great Eastern Shipping Company Limited is ₹ 500.00 Cr and paid-up capital is ₹ 142.77 Cr.

  • Currently 17 directors are associated with The Great Eastern Shipping Company Limited.

    • Keki Minoo Mistry
    • Kanaiyalal Maneklal Sheth
    • Bharat Kanaiyalal Sheth
    • Anand Prabhakar Punde
    • Shivakumar Gomathinayagam
    • Shiv Shankar Menon
    • Raju Shukla
    • Rita Bhagwati
    • Shivakumar Gomathinayagam
    • Uday Shankar
    • Tapas Icot
    • Ranjit Vasant Pandit
    • Bhavna Gautam Doshi
    • Thoppil Ninan Ninan
    • Berjis Minoo Desai
    • Shankar Nath Acharya
    • Ravi Kanaiyalal Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Great Eastern Shipping Company Limited is Ocean House134/A Dr Annie Besant Road Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of The Great Eastern Shipping Company Limited is L35110MH1948PLC006472 and the company number is 006472 as per Ministry of Corporate Affairs (MCA).

  • Yes, The Great Eastern Shipping Company Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GESHIP.

  • The Official website of The Great Eastern Shipping Company Limited is https://www.greatship.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Great Eastern Shipping Company Limited has risen by 71.80%.

  • As Per 2023 financial reports, 790 employees are currently employed by The Great Eastern Shipping Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Great Eastern Shipping Company Limited has experienced an upsurge of 29.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Great Eastern Shipping Company Limited amount to ₹ 3,035.70 Cr.

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

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