United Shippers Limited

Logistics company providing sea-borne cargo services in Gujarat, Maharashtra, and Goa with multi-fold expansion.

1952 | Mumbai, Maharashtra (India) | Active
Last Updated:

United Shippers Profile

Key Indicators

  • Authorised Capital ₹ 60.50 Cr
  • Paid Up Capital ₹ 3.59 Cr
  • Company Age 72 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.56 Cr
  • Satisfied Charges ₹ 253.59 Cr
  • Revenue Growth 43.47%
  • Profit Growth 87.41%
  • Ebitda -492.11%
  • Net Worth -16.96%
  • Total Assets -27.01%

About United Shippers

United Shippers Limited (USL) was founded in India on 11 November 1952 and has a glorious history of 72 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as United Shippers 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 2024. It's a company limited by shares with an authorized capital of Rs 60.50 Cr and a paid-up capital of Rs 3.59 Cr.

The company currently has active open charges totaling ₹14.56 Cr. The company has closed loans amounting to ₹253.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balkishan Toshniwal, Adarsh Somani, Nupur Adarsh, and Two other members 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

    U35110MH1952PLC009445

  • Company No.

    009445

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1952

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does United Shippers Limited offer?

United Shippers Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Marine Cranes, Transportation Services, Full Truck Load Transport Service, Cargo Transportation Services, Logistics Service.

Company report

United Shippers Limited

Explore comprehensive data for United Shippers Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Adarsh Somani Country flag representing In Managing Director09-Aug-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Balkishan Toshniwal Country flag representing In Director 09-Aug-2022Current
Nupur Adarsh Country flag representing In Whole-Time Director 01-May-2024Current
Mamta Biyani Country flag representing In Director 01-Jul-2024Current
Suhrid Somani Country flag representing In Whole-Time Director 06-Sep-1996Current

Financial Performance of United Shippers.

United Shippers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.47% increase. The company also saw a substantial improvement in profitability, with a 87.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.96%.

United Shippers revenue growth over time
United Shippers 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
43.47%
Revenue from Operations
Total Assets
-27.01%
Profit or Loss
87.41%
Net Worth
-16.96%
EBITDA
-492.11%

What is the Ownership and Shareholding Structure of United Shippers?

In 2023, United Shippers had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.56 Cr

Satisfied Charges

₹253.59 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.50 Cr
  • Scici Limited : 2.25 Cr
  • Bank Internasional Indonesia : 1.80 Cr
  • State Bank Of Travancore : 1.30 Cr
  • Icici Bank Ltd. : 0.65 Cr
  • Others : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2004Icici Bank Ltd.₹5.49 MOpen
15 Mar 2004Icici Bank Ltd.₹1.00 MOpen
17 Aug 2000Centurion Bank Limited₹0.30 MOpen
01 Feb 2000Canara Bank₹8.50 CrOpen
02 Aug 1996Bank Internasional Indonesia₹1.80 CrOpen

How Many Employees Work at United Shippers?

United Shippers has a workforce of 1 employees as of Mar 30, 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.

Employee growth trends for United Shippers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of United 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 United 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 United Shippers

Recent activity within the organization

  • Annual General Meeting

    United Shippers Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mamta Ashok Biyani was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 9 months 14 days .

  • Director Appointment

    Nupur Somani Adarsh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 May 2024 & has been associated with this company since 11 months 14 days .

  • Balance Sheet

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

  • Director Appointment

    Balkishan Udairam Toshniwal was appointed as a Director was appointed as a Director on 09 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Adarsh Rajendra Somani was appointed as a Managing Director was appointed as a Managing Director on 09 Aug 2022 & has been associated with this company since 2 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of United Shippers Limited?

    United Shippers Limited was incorporated on 11 Nov 1952.

  • What is authorized share capital and paid-up capital of United Shippers Limited?

    The authorized share capital of United Shippers Limited is ₹ 60.50 Cr and paid-up capital is ₹ 3.59 Cr.

  • Who are the current board members & directors of United Shippers Limited?

    Currently 5 directors are associated with United Shippers Limited.

    • Balkishan Udairam Toshniwal
    • Adarsh Rajendra Somani
    • Nupur Somani Adarsh
    • Mamta Ashok Biyani
    • Suhrid Susheel Somani

  • What is the registered address of United Shippers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of United Shippers Limited is Prospect Chambers 3Rd Floor Floor, D. N. Road.Fort India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of United Shippers Limited?

    The corporate identification number (CIN) of United Shippers Limited is U35110MH1952PLC009445 and the company number is 009445 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of United Shippers Limited?

    The Official website of United Shippers Limited is https://www.unitedshippers.com

  • What has been the recent revenue trend for United Shippers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for United Shippers Limited has risen by 43.47%.

  • How many employees does United Shippers Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by United Shippers Limited.

  • What change has been observed in the net worth of United Shippers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of United Shippers Limited has experienced an downturn of -16.96%.

  • What are the total open charges for United Shippers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for United Shippers Limited amount to ₹ 14.56 Cr.

  • When was the last Balance Sheet of United Shippers Limited filed with the ROC?

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

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