About Bansal Shipping Private Limited
Data last updated:
Bansal Shipping Private Limited was a private limited company based in Bhavnagar, Gujarat, India, operated as a subsidiary of Bansal Finstock Private Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 16 March 1999.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ1999PTC107261. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.05 Cr. It was led by directors Pramod and Mithlesh Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.28 Cr. For the same year it recorded a net profit of ₹13.92 Cr (net margin 76.1%) and EBITDA of ₹17.4 Cr (EBITDA margin 95.2%).
As per MCA filings, the company had satisfied charges of ₹1,193.3 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in February 2019.
The last known website on record is bansalgroupindia.com.
Company details
CIN history
Bansal Shipping has one previous CIN (Corporate Identification Number): U35117MH1999PTC194340. The current CIN is U35117GJ1999PTC107261, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35117GJ1999PTC107261 | Current |
| U35117MH1999PTC194340 | Previous |
Contact details
Bansal Shipping Private Limited's registered office is in Bhavnagar, Gujarat. Its website is bansalgroupindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Bansal Shipping Private 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
Business activity
The main business activities of Bansal Shipping are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bansal Shipping Private Limited, buy the company report.
Financials of Bansal Shipping Private Limited
FY 2019 filings availableBansal Shipping Private Limited reported revenue of ₹18.28 Cr for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹17.4 Cr | ||||
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| Net Profit (PAT) | ₹13.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.2% | ||||
| Net Profit Margin | 76.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bansal Shipping Private Limited, buy the company report.
Board of directors of Bansal Shipping Private Limited
Bansal Shipping has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Also directs: Skykite Construction Private Limited | Director | 25 Sep 2019 | 7 Years 1 Months | As last reported |
| Mithlesh Kumar Singh Also directs: Skykite Construction Private Limited | Director | 25 Sep 2019 | 7 Years 1 Months | As last reported |
Auditor
Bansal Shipping Private Limited is audited by MITHAPARA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITHAPARA & ASSOCIATES | FY 2018 | 128860W |
Shareholding
The shareholding of Bansal Shipping Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bansal Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2013 | 10429946 | State Bank of India | ₹228.96 Cr | Satisfied | |
| 20 Mar 2013 | 10419408 | State Bank of India | ₹101.76 Cr | Satisfied | |
| 03 Nov 2012 | 10392849 | State Bank of India | ₹284.5 Cr | Satisfied | |
| 25 Oct 2012 | 10392844 | State Bank of India | ₹178.08 Cr | Satisfied | |
| 18 Oct 2010 | 10257686 | State Bank of India | ₹150 Cr | Satisfied |
To see the full charge records of Bansal Shipping Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Bansal Shipping Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in February 2019.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Bansal International Private Limited , Shree Saibaba Ispat (India) Private Limited Seller: 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Bansal Finstock Private Limited , an individual Seller: Bansal Finstock Private Limited , Saragossa Investment & Finance Limited, Gujarat Cheme Plasto Limited |
| Jan 2009 | Funding round | ₹2 Cr | Investors: Bansal Integrated Services Private Limited , Shree Datta Industries Limited, Gujarat Cheme Plasto Limited |
| May 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Bansal Finstock Private Limited , 3 individuals |
To see the full deal history of Bansal Shipping Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bansal Shipping Private Limited has 7 court cases on record: 2 filed by Bansal Shipping, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 1 | 0 |
| NCLT | 2 | 1 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by United India Insurance Company Limited. | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Navyug Alloys Pvt. Ltd. and 1 other | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against an individual | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by an individual | Pending |
| District court, Bhavnagar, Gujarat | Court case (SPCS) | Filed by the company against Gujarat Maritime Board, Chairman | Disposed |
To see the full case history of Bansal Shipping Private 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 Bansal Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bansal Shipping has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bansal Shipping Private Limited, buy the company report.
Recent activity
Bansal Shipping Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Mithlesh Kumar Singh ceased to be Additional Director on 09 Oct 2019.
11 earlier events are in the company report.
Frequently asked questions
Bansal Shipping has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Bansal Shipping was a private limited company based in Bhavnagar, Gujarat, India. The company worked in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 16 March 1999 and is registered under CIN U35117GJ1999PTC107261. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Bansal Shipping was incorporated on 16 March 1999. It is registered with the Registrar of Companies, Ahmedabad.
Bansal Shipping had 2 directors:
- Pramod - Director
- Mithlesh Kumar Singh - Director
The CIN (Corporate Identification Number) of Bansal Shipping is U35117GJ1999PTC107261. 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 Bansal Shipping is at C 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001.
Bansal Shipping can be reached through the website bansalgroupindia.com. Its registered office is in Bhavnagar, Gujarat, India.
The latest financial statements of Bansal Shipping on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Bansal Shipping has 1 GST registration on record and it is cancelled or inactive.
Bansal Shipping operated in the transport and logistics industry, in the shipbuilding and repair services segment.
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