About Bansal Ship Recyclers LLP
Data last updated:
Bansal Ship Recyclers LLP is a limited liability partnership (LLP) based in Bhavnagar, Gujarat, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAP-6260. Its GSTIN is 24AAVFB0450A1ZY (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Bharat Kapoorchand Bansal and Kapoorchand Kakaram Bansal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Bhavnagar, Gujarat.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹106.69 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.6 Cr (net margin 2.4%) and EBITDA of ₹40.16 Lakh (EBITDA margin 0.4%).
The LLP has about 69 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹378.42 Cr on record. Court records list 3 cases involving the LLP, including 3 filed against it.
For more details, the LLP can be reached via its website bansalgroupindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. D – 9 B/H. Rammantra Mandir Opp. Oriental Bank Of Commerce Kaliyabi, D, Bhavnagar, Gujarat, India – 364002
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- 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
- One PDF report, delivered after checkout
Financials of Bansal Ship Recyclers LLP FY 2025 filings available
Bansal Ship Recyclers LLP reported revenue of ₹106.69 Cr (down 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Bansal Ship Recyclers LLP
Revenue fell 2% in the latest year. EBITDA fell 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Bansal Ship Recyclers LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• |
| Profit After Tax | ₹2.6 Cr | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• |
| Assets and Liabilities | |||
| Partners' Contribution | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Bansal Ship Recyclers LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 2.4% | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Bansal Ship Recyclers are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Bansal Ship Recyclers LLP
Bansal Ship Recyclers LLP is audited by B R POPAT & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B R POPAT & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Designated Partners of Bansal Ship Recyclers LLP
Bansal Ship Recyclers has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kapoorchand Bansal Also directs: Bansal Ship Breakers Pvt Ltd | Designated Partner | 14 Jun 2019 | 7 Years 3 Months | Current |
| Kapoorchand Kakaram Bansal Also directs: Bansal Evergreenss LLP | Designated Partner | 14 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Bansal Ship Recyclers LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bansal Ship Recyclers LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2022 | State Bank of India | ₹227.46 Cr | Open |
| 18 Jan 2020 | State Bank of India | ₹150.96 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Bansal Ship Recyclers LLP
Bansal Ship Recyclers LLP has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner ,Customs (Preventive) Seema Shulk Bhavan | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner,Customs (Preventive) | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bansal Ship Recyclers LLP
Bansal Ship Recyclers LLP has a workforce of 61 employees as of Mar 22, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bansal Ship Recyclers LLP
Bansal Ship Recyclers LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Bharat Kapoorchand Bansal was appointed as Designated Partner on 14 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Bansal Ship Recyclers LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bansal Ship Recyclers LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bansal Ship Recyclers LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bansal Ship Recyclers LLP
Bansal Ship Recyclers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAVFB0450A1ZY | Gujarat | Active | 14 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bansal Ship Recyclers LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bansal Ship Recyclers LLP
Bansal Ship Recyclers is an active limited liability partnership based in Bhavnagar, Gujarat, India. The LLP works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under LLPIN AAP-6260.
Bansal Ship Recyclers reported revenue of ₹106.69 Cr for FY 2022 (down 2% YoY).
Bansal Ship Recyclers has 2 current designated partners:
- Bharat Kapoorchand Bansal - Designated Partner
- Kapoorchand Kakaram Bansal - Designated Partner
Bansal Ship Recyclers reported a net profit of ₹2.6 Cr (net margin 2.4%) and EBITDA of ₹40.16 Lakh (EBITDA margin 0.4%) for FY 2022, as per its filed financial statements.
The GSTIN of Bansal Ship Recyclers is 24AAVFB0450A1ZY, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Bansal Ship Recyclers is AAP-6260. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bansal Ship Recyclers has 3 court cases on record: 3 filed against it.
Bansal Ship Recyclers was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharat Kapoorchand Bansal was appointed as Designated Partner on 14 Jun 2019. Kapoorchand Kakaram Bansal was appointed as Designated Partner on 14 Jun 2019.
Bansal Ship Recyclers can be reached through the website bansalgroupindia.com. Its registered office is in Bhavnagar, Gujarat, India.