
About Adel Shipping Holdings Limited.
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Adel Shipping Holdings Limited. was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the travel and tour services segment of the transport and logistics sector. It was incorporated on 22 April 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65191MH2010PLC202307.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹5 Lakh. It was led by directors including Anant Dhandhania and Habib Jan.
Its last annual general meeting (AGM) was held on 14 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹11,340, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.56 Cr and EBITDA of ₹14.17 Cr.
Its group structure included 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is adelgroup.in.
Company details
Contact details
Adel Shipping Holdings Limited.'s registered office is in Mumbai, Maharashtra. Its website is adelgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#259 Access Serviced Offices Level 2 Upper Level Kamala House Senapati Bapat Marg Lower, Parel, Mumbai, Maharashtra, India – 400013
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Adel Shipping Holdings Limited., buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Adel Shipping Holdings Limited.
FY 2023 filings availableAdel Shipping Holdings Limited. reported revenue of ₹11,340 (up 11% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year. EBITDA rose 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹11,340 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.17 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.56 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Adel Shipping Holdings Limited., buy the company report.
Board of directors of Adel Shipping Holdings Limited.
Adel Shipping Holdings Limited has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Dhandhania Also directs: Ratnesh Enterprises LLP, The Mewar Sugar Mills Private Limited, Adel Shipping Limited and 1 more | Director | 01 Sep 2014 | 12 Years 2 Months | As last reported |
| Habib Jan Also directs: Adel Shipping Limited, Adel Shipping & Logistics Limited, Seros Drilling Private Limited and 1 more | Director | 10 Apr 2017 | 9 Years 6 Months | As last reported |
| Karan Agrawal Also directs: Adel Shipping Limited, Adel Shipping & Logistics Limited, Manaksia Coated Metals & Industries Limited and 1 more | Director | 01 Sep 2014 | 12 Years 2 Months | As last reported |
Auditor
Adel Shipping Holdings Limited. is audited by J K DOSHI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J K DOSHI & CO | FY 2016 | 102720W |
Shareholding
The shareholding of Adel Shipping Holdings Limited. is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Adel Shipping Holdings Limited., buy the company report.
Legal cases
Adel Shipping Holdings Limited. has 2 court cases on record: 2 filed by Adel Shipping Holdings Limited. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Adel Shipping Holdings Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adel Shipping Holdings Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Adel Shipping Holdings Limited has 1 subsidiary company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Adel Shipping & Logistics Limited | U63000MH2010PLC199815 |
To see the full group structure of Adel Shipping Holdings Limited., buy the company report.
GST
No GST registration is on our record for Adel Shipping Holdings Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adel Shipping Holdings Limited. has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Habib Jan ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Adel Shipping Holdings Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Adel Shipping Holdings Limited was a public limited company based in Mumbai, Maharashtra, India. The company worked in travel and tour services, within the transport and logistics industry. It was incorporated on 22 April 2010 and is registered under CIN U65191MH2010PLC202307. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Adel Shipping Holdings Limited was incorporated on 22 April 2010. It is registered with the Registrar of Companies, Mumbai.
Adel Shipping Holdings Limited had 3 directors:
- Anant Dhandhania - Director
- Habib Jan - Director
- Karan Agrawal - Director
The CIN (Corporate Identification Number) of Adel Shipping Holdings Limited is U65191MH2010PLC202307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Adel Shipping Holdings Limited is at #259 Access Serviced Offices Level 2 Upper Level Kamala House Senapati Bapat Marg Lower, Parel, Mumbai, Maharashtra, India – 400013.
Adel Shipping Holdings Limited can be reached through the website adelgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Adel Shipping Holdings Limited on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 14 November 2023. Year-wise statements from 2015 are in the company report.
Adel Shipping Holdings Limited operated in the transport and logistics industry, in the travel and tour services segment.
Adel Shipping Holdings Limited has 2 court cases on record: 2 filed by the company.

