MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0004945
Amrut Dredging and Shipping Limited - infrastructure and utilities in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.79 Cr
▲ 58% YoY
Net profit · FY 2024
₹5 Cr
Net margin 12.6%
EBITDA · FY 2024
₹17.76 Cr
EBITDA margin 44.6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹14.27 Cr
Issued & subscribed
Open charges
₹71.23 Cr
Satisfied ₹43.04 Cr
Company age
31 yrs
Est. 1995
Directors on board
5
As per MCA filings
About Amrut Dredging and Shipping Limited
Data last updated:
Amrut Dredging and Shipping Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the dredging and marine engineering services segment of the infrastructure and utilities sector. It was incorporated on 27 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50120GJ1995PLC025194. Its GSTIN is 24AABCA8006G1Z5 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.27 Cr. It was formerly known as Amrut Securities Limited. It is led by directors including Manoj Harshadrai Lotia and Banshi Dhar Mishra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Star Chamber Office No.822 Harihar Chowk Sadar Bazar Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.79 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹5 Cr (net margin 12.6%) and EBITDA of ₹17.76 Cr (EBITDA margin 44.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 21% over five years.
The company is associated with 1 brand: Amrut Dredging. As per MCA filings, the company has open charges of ₹71.23 Cr and satisfied charges of ₹43.04 Cr on record. Court records list 25 cases involving the company, including 8 filed by the company and 17 filed against it; 6 cases are pending.
Amrut Dredging and Shipping Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0004945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amrutdredging.com.
Company details
CIN U50120GJ1995PLC025194
Registration Number 025194
Incorporation Date 27 March 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0004945
CIN history
Amrut Dredging and Shipping has one previous CIN (Corporate Identification Number): U67120GJ1995PLC025194. The current CIN is U50120GJ1995PLC025194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50120GJ1995PLC025194 | Current |
| U67120GJ1995PLC025194 | Previous |
Key People
Pavan Anilbhai Gandhi Ceo Manoj Harshadrai Lotia Director Girdhari Lal Kundalwal Additional Director Recognitions & Rankings of Amrut Dredging and Shipping
Contact details
Amrut Dredging and Shipping Limited's registered office is in Rajkot, Gujarat.
- Registered AddressStar Chamber Office No.822 Harihar Chowk Sadar Bazar Rajkot, Gujarat, India – 360001
- IndustryInfrastructure and Utilities, Dredging & Marine Engineering Services
Comprehensive company report
Amrut Dredging and Shipping Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Amrut Dredging and Shipping operates one associated brand: Amrut Dredging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dredging and marine infrastructure development services in India. | amrutdredging.com |
Business activity
The main business activity of Amrut Dredging and Shipping is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Amrut Dredging and Shipping Limited, buy the company report.
Financials of Amrut Dredging and Shipping Limited
FY 2024 filings availableAmrut Dredging and Shipping Limited reported revenue of ₹39.79 Cr (up 58% YoY) for FY 2024.
Revenue · FY 2024
₹39.79 Cr ▲ 58%
Net profit · FY 2024
₹5 Cr margin 12.6%
EBITDA · FY 2024
₹17.76 Cr margin 44.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 35%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 113%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 58% growth in the latest year. EBITDA rose 113% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.6% | ||||
| Net Profit Margin | 12.6% | ||||
| 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 Amrut Dredging and Shipping Limited, buy the company report.
Board of directors and KMP of Amrut Dredging and Shipping Limited
Amrut Dredging and Shipping Limited currently reports 4 directors and 1 key managerial person. 14 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Harshadrai Lotia | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Pavan Anilbhai Gandhi | Ceo | 11 Apr 2022 | 4 Years 6 Months | Current |
| Girdhari Lal Kundalwal Also directs: Siasam Advisory Services LLP, Shiv Texchem Limited, Ganesh Benzoplast Limited and 3 more | Additional Director | 22 Jan 2024 | 2 Years 9 Months | Current |
| Banshi Dhar Mishra Also directs: Buddha Blue Sky Private Limited, Buddha Blue Seas Private Limited, Ganges Maritime Ifsc Private Limited and 3 more | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Drushti Hitesh Mehta Also directs: Backforth Estate Private Limited | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
Charges & borrowings
Open charges
₹71.23 Cr
Satisfied charges
₹43.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101113900 | Others | ₹15 Cr | Open | |
| 14 Feb 2023 | 100679287 | Others | ₹56.23 Cr | Open | |
| 10 Feb 2023 | 100679290 | Others | ₹4.75 Cr | Satisfied | |
| 03 Feb 2018 | 100160886 | Others | ₹9.17 Cr | Satisfied | |
| 03 Feb 2018 | 100160887 | Others | ₹10.02 Cr | Satisfied |
To see the full charge records of Amrut Dredging and Shipping Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Amrut Dredging and Shipping Limited has 25 court cases on record: 8 filed by Amrut Dredging and Shipping, 17 filed against it. 6 cases are pending and 19 are disposed.
Total cases
25
Filed by the company
8
Filed against the company
17
Pending
6
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 10 | 4 |
| District courts | 8 | 7 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against MSTC Limited and 1 other | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against MSTC Limited and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (COMAS) | Filed against the company by Proactive Ship Management Pvt Ltd | Disposed |
| High Court, Kerala | Court case (Adml.S.) | Filed against the company by M J Marine Services Pvt.Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Kirti Electro System Pvt Ltd | Disposed |
To see the full case history of Amrut Dredging and Shipping 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.
Credit ratings & regulatory alerts
Amrut Dredging and Shipping Limited was last rated by Crisil on 22 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2019 |
To see the full credit ratings and regulatory alerts of Amrut Dredging and Shipping Limited, buy the company report.
MSME payment delays
Amrut Dredging and Shipping Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 28 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| International Ispat | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Amrut Dredging and Shipping Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Amrut Dredging and Shipping has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8006G1Z5 | Gujarat | Active | 01 Jul 2017 |
| 27AABCA8006G2ZY | Maharashtra | Active | 01 Oct 2018 |
To see the full GST registrations and return filing status of Amrut Dredging and Shipping Limited, buy the company report.
Recent activity
Amrut Dredging and Shipping Limited has 19 board changes on record since 2013: 5 appointments and 14 cessations. The latest: Girdhari Lal Kundalwal was appointed as Additional Director on 22 Jan 2024.
Charges
A charge with Others of Rs. 56.23 Cr registered on 14 Feb 2023 with Charge ID 100679287 was modified on 15 Jul 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101113900 was registered on 21 Mar 2025.
Charges
A charge registered on 10 Feb 2023 via Charge ID 100679290 with Others was fully satisfied on 20 Jan 2025.
Charges
A charge registered on 03 Feb 2018 via Charge ID 100160887 with Others was fully satisfied on 20 Jan 2025.
Charges
A charge registered on 03 Feb 2018 via Charge ID 100160886 with Others was fully satisfied on 20 Jan 2025.
AGM
Amrut Dredging And Shipping Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Amrut Dredging And Shipping Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Girdhari Lal Kundalwal was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 56.23 Cr with Charge ID 100679287 was registered on 14 Feb 2023.
Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100679290 was registered on 10 Feb 2023.
Ceased
Drushti Hitesh Mehta ceased to be Additional Director.
Appointed
Pavan Anilbhai Gandhi was appointed as CEO.
25 earlier events are in the company report.
Frequently asked questions
Amrut Dredging and Shipping is an active public limited company based in Rajkot, Gujarat, India. The company works in dredging and marine engineering services, within the infrastructure and utilities industry. It was incorporated on 27 March 1995 (31+ years old) and is registered under CIN U50120GJ1995PLC025194.
Amrut Dredging and Shipping has 5 current directors and KMP:
- Manoj Harshadrai Lotia - Director
- Girdhari Lal Kundalwal - Additional Director
- Banshi Dhar Mishra - Director
- Drushti Hitesh Mehta - Director
- Pavan Anilbhai Gandhi - Ceo
The latest financial statements of Amrut Dredging and Shipping on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Amrut Dredging and Shipping is 24AABCA8006G1Z5, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCA8006G2ZY (Maharashtra).
The CIN (Corporate Identification Number) of Amrut Dredging and Shipping is U50120GJ1995PLC025194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amrut Dredging and Shipping has 25 court cases on record: 8 filed by the company and 17 filed against it. 6 are pending. Most are in the high courts.
Amrut Dredging and Shipping was incorporated on 27 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Girdhari Lal Kundalwal was appointed as Additional Director on 22 Jan 2024. Drushti Hitesh Mehta ceased to be Additional Director on 30 Sep 2022. Pavan Anilbhai Gandhi was appointed as CEO on 11 Apr 2022. Amrut Dredging and Shipping has 19 board changes on record in total.
Yes, Amrut Dredging and Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0004945).
Amrut Dredging and Shipping has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 28 overdue payments to 28 micro and small suppliers. The latest return was filed on 21 May 2019.
Amrut Dredging and Shipping can be reached through the website amrutdredging.com. Its registered office is in Rajkot, Gujarat, India.