Mahadev Shipbreakers Private Limited - Company Profile

It is a transport and logistics private limited company based in Bhavnagar, Gujarat, India, established in 2006.
2006 Bhavnagar, Gujarat, India Active
Last Updated:
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About Mahadev Shipbreakers Private Limited

Mahadev Shipbreakers Private Limited, a active private limited company, was established on 16 November 2006 in Bhavnagar, Gujarat, India. Engaging in shipbuilding & repair services within the manufacturing sector, it holds CIN: U35117GJ2006PTC049381. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.15 Cr.

It upholds a compliant status. Employing 9 professional, Its leadership includes Parth Rameshkumar Mendapara (Director), Karan Rameshbhai Mendapara (Director). Past directors included Sonalba Mayursinh Parmar, Rasikbhai Zalawadia, Pravinbhai Mendpara. It holds ₹280.50 Cr open charges and ₹50.00 Cr settled loans. Its latest AGM occurred on 28 August 2025, with the balance sheet filed on 31 March 2025. It is based at Officeno.213/216Samvedcomplex2Ndfloor,Opp:Jail,J, Ail Road, Bhavnagar, Gujarat, 364001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U35117GJ2006PTC049381

  • Registration Number

    049381

  • Incorporation Date

    16 November 2006

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.15 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.15 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 280.50 Cr
  • Satisfied Charges ₹ 50.00 Cr
  • Revenue Growth **** 171.18%
  • Profit Growth **** 114.58%
  • Ebitda **** 423.57%
  • Net Worth 18.28%
  • Total Assets **** 68.74%
Company report

Mahadev Shipbreakers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mahadev Shipbreakers 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 Mahadev Shipbreakers Private Limited?
Current Directors
Name Designation Appointment Date Status
Parth Rameshkumar Mendapara Director 16 Sep 2023 Current
Karan Rameshbhai Mendapara Director 28 Feb 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Jan 2014 Past
Pramod Abcsdd Director 18 Sep 2023 Past
Pramod Abcsdd Director 18 Sep 2023 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past

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Financial Performance of Mahadev Shipbreakers.

Mahadev Shipbreakers Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 171.18% increase. The company also saw a substantial improvement in profitability, with a 114.58% increase in profit. The company's net worth Soared by an impressive increase of 18.28%.

Mahadev Shipbreakers revenue growth over time
Mahadev Shipbreakers 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
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 171.18%
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Revenue from Operations
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 222.87%
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*******
*******
Total Assets
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 68.74%
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*******
*******
*******
Profit or Loss
*******
 114.58%
*******
*******
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Net Worth
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 18.28%
*******
*******
*******
*******
EBITDA
*******
 423.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mahadev Shipbreakers?

In 2021, Mahadev Shipbreakers 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

₹2,805,000,000.00

Satisfied Charges

₹500,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 280.50 Cr
Latest Charge Details
Date Lender Amount Status
27 Mar 2023 State Bank Of India ₹204.00 Cr Open
14 Jun 2007 State Bank Of India ₹76.50 Cr Open
04 Apr 2022 State Bank Of India ₹50.00 Cr Satisfied

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How Many Employees Work at Mahadev Shipbreakers?

Mahadev Shipbreakers has a workforce of 9 employees as of Apr 07, 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 Mahadev Shipbreakers, 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 Mahadev Shipbreakers'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 Mahadev Shipbreakers
Recent Activity within the Organization
  • Charges

    The activity A charge with State Bank Of India of Rs. 204.00 Cr registered on 27 Mar 2023 with Charge ID 100696029 was modified on 25 Sep 2025. was completed.

  • Annual General Meeting

    Mahadev Shipbreakers Private Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Mahadev Shipbreakers 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 registered on 04 Apr 2022 via Charge ID 100566250 with State Bank Of India was fully satisfied on 28 Mar 2025. was completed.

  • Director Appointment

    Progress on Parth Rameshkumar Mendapara was appointed as a Director was appointed as a Director on 16 Sep 2023 & has been associated with this company since 2 years 5 months . was documented.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 204.00 Cr with Charge ID 100696029 was registered on 27 Mar 2023. was documented.

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Frequently Asked Questions
What is the CIN of Mahadev Shipbreakers Private Limited?

The CIN of Mahadev Shipbreakers Private Limited is U35117GJ2006PTC049381.

Where is Mahadev Shipbreakers Private Limited headquartered?

Mahadev Shipbreakers Private Limited is headquartered at Officeno.213/216Samvedcomplex2Ndfloor,Opp:Jail,J, Ail Road, Bhavnagar, Gujarat, 364001.

When was Mahadev Shipbreakers Private Limited incorporated?

Mahadev Shipbreakers Private Limited was incorporated on 16 November 2006.

Who are the current directors of Mahadev Shipbreakers Private Limited?

The current directors of Mahadev Shipbreakers Private Limited are

What is the primary industry of Mahadev Shipbreakers Private Limited?

The primary industry of Mahadev Shipbreakers Private Limited is Manufacturing.

Is Mahadev Shipbreakers Private Limited a listed company?

Mahadev Shipbreakers Private Limited is unlisted.

What is the capital structure of Mahadev Shipbreakers Private Limited?

The authorized capital of Mahadev Shipbreakers Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.15 Cr.

What is the compliance status of Mahadev Shipbreakers Private Limited?

The compliance status of Mahadev Shipbreakers Private Limited is Compliant.

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