MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-05-0015975
Pratyaksh Ship Breaking Private Limited
Pratyaksh Ship Breaking Private Limited - transport and logistics in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.21 Cr
▲ 1942% YoY
Net profit · FY 2025
₹3.5 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹32.12 Lakh
EBITDA margin 3.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹160 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
1
Provident fund records
About Pratyaksh Ship Breaking Private Limited
Data last updated:
Pratyaksh Ship Breaking Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 26 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC100260. Its GSTIN is 24AAZCS6413M1ZN (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Sheth Ship Breaking Corporation Private Limited. It is led by directors Munishkumar Amritlal Bansal and Shallu Munishkumar Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.1 Ground Floor Shanti Jyot Rupani – Sardarnagar Road, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.5 Lakh (net margin 0.3%) and EBITDA of ₹32.12 Lakh (EBITDA margin 3.1%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹160 Cr on record.
Pratyaksh Ship Breaking Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0015975). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999GJ2017PTC100260
Registration Number 100260
Incorporation Date 26 December 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-05-0015975
Recognitions & Rankings of Pratyaksh Ship Breaking
Contact details
Pratyaksh Ship Breaking Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.1 Ground Floor Shanti Jyot Rupani – Sardarnagar Road, Bhavnagar, Gujarat, India – 364002
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Pratyaksh Ship Breaking Private Limited, buy the company report.
Comprehensive company report
Pratyaksh Ship Breaking Private Limited - one report that includes everything
- 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
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Financials of Pratyaksh Ship Breaking Private Limited
FY 2025 filings availablePratyaksh Ship Breaking Private Limited reported revenue of ₹10.21 Cr (up 1942% YoY) for FY 2025.
Revenue · FY 2025
₹10.21 Cr ▲ 1942%
Net profit · FY 2025
₹3.5 Lakh margin 0.3%
EBITDA · FY 2025
₹32.12 Lakh margin 3.1%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹32.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Pratyaksh Ship Breaking Private Limited, buy the company report.
Board of directors of Pratyaksh Ship Breaking Private Limited
Pratyaksh Ship Breaking has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munishkumar Amritlal Bansal Also directs: Sai Infinium Limited, Honey Shipbreaking Private Limited | Director | 05 Apr 2021 | 5 Years 7 Months | Current |
| Shallu Munishkumar Bansal Also directs: Honey Shipbreaking Private Limited | Director | 05 Apr 2021 | 5 Years 7 Months | Current |
Auditor
Pratyaksh Ship Breaking Private Limited is audited by JAYESH MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH MEHTA & ASSOCIATES | FY 2023 | 138451W |
Shareholding
The shareholding of Pratyaksh Ship Breaking Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pratyaksh Ship Breaking Private Limited, buy the company report.
Charges & borrowings
Open charges
₹160 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2023 | 100738021 | Indian Overseas Bank | ₹60 Cr | Open | |
| 08 Jun 2023 | 100738023 | Indian Overseas Bank | ₹100 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Pratyaksh Ship Breaking Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Pratyaksh Ship Breaking Private Limited was last rated by Icra on 26 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Jul 2021 |
To see the full credit ratings and regulatory alerts of Pratyaksh Ship Breaking Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pratyaksh Ship Breaking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pratyaksh Ship Breaking Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Pratyaksh Ship Breaking Private Limited, buy the company report.
GST
Pratyaksh Ship Breaking has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAZCS6413M1ZN | Gujarat | Active | 27 Apr 2021 |
To see the full GST registrations and return filing status of Pratyaksh Ship Breaking Private Limited, buy the company report.
Recent activity
Pratyaksh Ship Breaking Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Vijay Shantilal Sanghvi ceased to be Director on 06 Apr 2021.
AGM
Pratyaksh Ship Breaking Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pratyaksh Ship Breaking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Overseas Bank amounted to Rs. 60.00 Cr with Charge ID 100738021 was registered on 08 Jun 2023.
Charges
A charge with Indian Overseas Bank amounted to Rs. 100.00 Cr with Charge ID 100738023 was registered on 08 Jun 2023.
Ceased
Vijay Shantilal Sanghvi ceased to be Director.
Appointed
Munishkumar Amritlal Bansal was appointed as Director.
Appointed
Shallu Munishkumar Bansal was appointed as Director.
Ceased
Narendrakumar Shah Jayantilal ceased to be Additional Director.
Ceased
Pravinchandra Girdharlal Shah ceased to be Director.
Ceased
Hardik Shah Narendrakumar ceased to be Director.
Incorporation
26 Dec 2017
Pratyaksh Ship Breaking Private Limited was registered on 26 Dec 2017 with Roc Ahmedabad & aged 8 years 10 months as per MCA records.
Frequently asked questions
Pratyaksh Ship Breaking is an active private limited company based in Bhavnagar, Gujarat, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 26 December 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC100260.
Pratyaksh Ship Breaking has 2 current directors:
- Munishkumar Amritlal Bansal - Director
- Shallu Munishkumar Bansal - Director
The latest financial statements of Pratyaksh Ship Breaking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Pratyaksh Ship Breaking is 24AAZCS6413M1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Pratyaksh Ship Breaking is U74999GJ2017PTC100260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pratyaksh Ship Breaking was incorporated on 26 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vijay Shantilal Sanghvi ceased to be Director on 06 Apr 2021. Munishkumar Amritlal Bansal was appointed as Director on 05 Apr 2021. Shallu Munishkumar Bansal was appointed as Director on 05 Apr 2021. Pratyaksh Ship Breaking has 6 board changes on record in total.
Yes, Pratyaksh Ship Breaking is registered as an MSME under Udyam registration (number: UDYAM-GJ-05-0015975).
The registered office of Pratyaksh Ship Breaking is at Office No.1 Ground Floor Shanti Jyot Rupani – Sardarnagar Road, Bhavnagar, Gujarat, India – 364002.
Pratyaksh Ship Breaking operates in the transport and logistics industry, in the shipbuilding and repair services segment.
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