Honey Shipbreaking Private Limited - Company Profile

It is a transport and logistics private limited company based in Bhavnagar, Gujarat, India, established in 2003.
2003 Bhavnagar, Gujarat, India Active
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About Honey Shipbreaking Private Limited

Honey Shipbreaking Private Limited, a active private limited company, was established on 16 January 2003 in Bhavnagar, Gujarat, India. Engaging in shipbuilding & repair services within the manufacturing sector, it holds CIN: U35117GJ2003PTC041848. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 13 professional, Its leadership includes Munishkumar Amritlal Bansal (Director), Shallu Munishkumar Bansal (Director). Past directors included Keyur Jitendrabhai Sarvaiya, Shallu Munishkumar Bansal, Tarlok Chand. It holds ₹508.49 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No. 1, Shanti Jyot Building, Sardarnagar Road, Nr. Rupani Circle, Rup, Ani, Bhavnagar, Gujarat, 364002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U35117GJ2003PTC041848

  • Registration Number

    041848

  • Incorporation Date

    16 January 2003

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 508.49 Cr
  • Revenue Growth **** 12.38%
  • Profit Growth **** -59.52%
  • Ebitda **** -38.46%
  • Net Worth 8.04%
  • Total Assets -75.30%
Company report

Honey Shipbreaking Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Honey Shipbreaking Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Honey Shipbreaking Private Limited?
Current Directors
Name Designation Appointment Date Status
Munishkumar Amritlal Bansal Director 01 Sep 2016 Current
Shallu Munishkumar Bansal Director 16 Oct 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Jan 2017 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 16 Mar 2020 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past

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Financial Performance of Honey Shipbreaking.

Honey Shipbreaking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.38% increase. The company also saw a substantial fall in profitability, with a 59.52% decrease in profit. The company's net worth moved up by a moderate rise of 8.04%.

Honey Shipbreaking revenue growth over time
Honey Shipbreaking profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 12.38%
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*******
*******
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Revenue from Operations
*******
 12.40%
*******
*******
*******
*******
Total Assets
*******
 -75.30%
*******
*******
*******
*******
Profit or Loss
*******
 -59.52%
*******
*******
*******
*******
Net Worth
*******
 8.04%
*******
*******
*******
*******
EBITDA
*******
 -38.46%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honey Shipbreaking?

In 2023, Honey Shipbreaking had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,084,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 441.74 Cr
  • Indnian Overseas Bank : 66.40 Cr
  • Indian Overseas Bank Ltd : 0.35 Cr
Latest Charge Details
Date Lender Amount Status
08 Jun 2023 Indian Overseas Bank ₹60.00 Cr Open
08 Jun 2023 Indian Overseas Bank ₹60.00 Cr Open
21 Feb 2019 Indian Overseas Bank ₹0.90 M Open
29 Oct 2010 Indnian Overseas Bank ₹66.40 Cr Open
29 Oct 2010 Indian Overseas Bank ₹161.65 Cr Open

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How Many Employees Work at Honey Shipbreaking?

Honey Shipbreaking has a workforce of 13 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honey Shipbreaking, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Honey Shipbreaking's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Honey Shipbreaking
Recent Activity within the Organization
  • Annual General Meeting

    Honey Shipbreaking Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Honey Shipbreaking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    The activity A charge with Indian Overseas Bank of Rs. 161.65 Cr registered on 29 Oct 2010 with Charge ID 10262201 was modified on 21 Sep 2023. was completed.

  • Charges

    Progress on A charge with Indian Overseas Bank amounted to Rs. 60.00 Cr with Charge ID 100738028 was registered on 08 Jun 2023. was documented.

  • Charges

    The activity A charge with Indian Overseas Bank amounted to Rs. 60.00 Cr with Charge ID 100738026 was registered on 08 Jun 2023. was completed.

  • Charges

    Progress on A charge with Indnian Overseas Bank of Rs. 66.40 Cr registered on 29 Oct 2010 with Charge ID 10253564 was modified on 25 May 2022. was documented.

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Frequently Asked Questions
What is the CIN of Honey Shipbreaking Private Limited?

The CIN of Honey Shipbreaking Private Limited is U35117GJ2003PTC041848.

Where is Honey Shipbreaking Private Limited headquartered?

Honey Shipbreaking Private Limited is headquartered at Office No. 1, Shanti Jyot Building, Sardarnagar Road, Nr. Rupani Circle, Rup, Ani, Bhavnagar, Gujarat, 364002.

When was Honey Shipbreaking Private Limited incorporated?

Honey Shipbreaking Private Limited was incorporated on 16 January 2003.

Who are the current directors of Honey Shipbreaking Private Limited?

The current directors of Honey Shipbreaking Private Limited are

What is the primary industry of Honey Shipbreaking Private Limited?

The primary industry of Honey Shipbreaking Private Limited is Manufacturing.

Is Honey Shipbreaking Private Limited a listed company?

Honey Shipbreaking Private Limited is unlisted.

What is the capital structure of Honey Shipbreaking Private Limited?

The authorized capital of Honey Shipbreaking Private Limited is ₹2.00 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Honey Shipbreaking Private Limited?

The compliance status of Honey Shipbreaking Private Limited is Compliant.

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