About Diamond Shipping Company Ltd
Data last updated:
Diamond Shipping Company Ltd is a public limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 22 April 1991.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L35111WB1991PLC051490. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.73 Cr. It is led by directors including Biswanath Saraf and Anil Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at 33A J L Nehru Rd, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.44 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹33.47 Lakh (net margin -13.7%) and EBITDA of -₹75,733 (EBITDA margin -0.3%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.56 Cr and satisfied charges of ₹75 Lakh on record. Court records list 67 cases involving the company, including 18 filed by the company and 49 filed against it; 24 cases are pending.
The last known website on record is diamondshipping.com.
Company details
CIN history
Diamond Shipping Company has one previous CIN (Corporate Identification Number): U35111WB1991PLC051490. The current CIN is L35111WB1991PLC051490, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35111WB1991PLC051490 | Current |
| U35111WB1991PLC051490 | Previous |
Contact details
Diamond Shipping Company Ltd's registered office is in Kolkata, West Bengal. Its website is diamondshipping.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address33A J L Nehru Rd, Kolkata, West Bengal, India – 700071
- IndustryTransport and Logistics, Shipping & Maritime Services, Integrated & Diversified Logistics Services
To see the full contact details of Diamond Shipping Company Ltd, 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 Diamond Shipping Company Ltd
FY 2014 filings availableDiamond Shipping Company Ltd reported revenue of ₹2.44 Cr (up 8% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.44 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹75,733 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹33.47 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.3% | ||
| Net Profit Margin | -13.7% | ||
| 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 Diamond Shipping Company Ltd, buy the company report.
Board of directors of Diamond Shipping Company Ltd
Diamond Shipping Company has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biswanath Saraf | Director | 22 Apr 1991 | 35 Years 6 Months | As last reported |
| Anil Kumar Sharma Also directs: Harsh Maritime Pvt Ltd | Director | 01 Oct 2009 | 17 Years 1 Months | As last reported |
| Shiv Ratan Khemka | Director | 25 Aug 2014 | 12 Years 2 Months | As last reported |
Auditor
Diamond Shipping Company Ltd is audited by ANIRUDHKUMARBALASARIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIRUDHKUMARBALASARIA | FY 2017 | 054788 |
Shareholding
The shareholding of Diamond Shipping Company Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Diamond Shipping Company Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2008 | 10114730 | Canara Bank | ₹1 Cr | Open | |
| 08 Nov 2006 | 10023013 | Icici Bank Limited | ₹5.06 Cr | Open | |
| 04 Jul 2003 | 90254220 | Union Bank of India | ₹1.5 Cr | Open | |
| 31 Oct 2003 | 90255202 | Andhra Bank | ₹75 Lakh | Satisfied |
To see the full charge records of Diamond Shipping Company Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Diamond Shipping Company Ltd has 67 court cases on record: 18 filed by Diamond Shipping Company, 49 filed against it. 24 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 44 | 21 |
| High courts | 23 | 5 | 3 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jammu, Jammu and Kashmir | Court case (Recovery Suit(Civil)) | Filed against the company by Sarveshwar Overseas Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Indigro Exports Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Yusen Logistics India Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Indigro Exports Private Limited | Pending |
| High Court | Civil suit | Filed against the company by Maskara Infrastructure Pvt Ltd Fox & Mandal | Pending |
To see the full case history of Diamond Shipping Company Ltd, 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 Diamond Shipping Company Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diamond Shipping Company 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 Diamond Shipping Company Ltd, buy the company report.
Recent activity
Diamond Shipping Company Ltd has 7 board changes on record since 1991: 5 appointments and 2 cessations. The latest: Shiv Ratan Khemka was appointed as Director on 25 Aug 2014.
5 earlier events are in the company report.
Frequently asked questions
Diamond Shipping Company is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Diamond Shipping Company is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 22 April 1991 and is registered under CIN L35111WB1991PLC051490. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Diamond Shipping Company has 3 current directors:
- Biswanath Saraf - Director
- Anil Kumar Sharma - Director
- Shiv Ratan Khemka - Director
The latest financial statements of Diamond Shipping Company on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Diamond Shipping Company is L35111WB1991PLC051490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Diamond Shipping Company is a listed company as per MCA records.
Diamond Shipping Company has open charges of ₹7.56 Cr and satisfied charges of ₹75 Lakh as per latest MCA filings.
Diamond Shipping Company has 67 court cases on record: 18 filed by the company and 49 filed against it. 24 are pending. Most are in the district courts.
Diamond Shipping Company was incorporated on 22 April 1991. It is registered with the Registrar of Companies, Kolkata.
Shiv Ratan Khemka was appointed as Director on 25 Aug 2014. Pankaj Saraf ceased to be Director on 10 Jun 2014. Pradeep Kumar Saraf ceased to be Director on 10 Jun 2014. Diamond Shipping Company has 7 board changes on record in total.
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