MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-05-0029961
Shanti Ship Breakers Private Limited - transport and logistics in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.38 Cr
▼ 35% YoY
Net profit · FY 2025
₹22.35 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.1 Cr
EBITDA margin 2.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.9 Cr
Issued & subscribed
Open charges
₹327.39 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
68
Provident fund records
About Shanti Ship Breakers Private Limited
Data last updated:
Shanti Ship Breakers 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 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ2002PTC041019. Its GSTIN is 24AAGCS4306Q1Z2 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors Priya Honey Bansal and Honey Rajkumar Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No1497/B Opptheosophical Lodge Rupani Circle, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.38 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹22.35 Lakh (net margin 0.4%) and EBITDA of ₹1.1 Cr (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹327.39 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Shanti Ship Breakers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0029961). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rkbgroup.co.in.
Company details
CIN U35117GJ2002PTC041019
Registration Number 041019
Incorporation Date 26 July 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-05-0029961
Recognitions & Rankings of Shanti Ship Breakers
Contact details
Shanti Ship Breakers Private Limited's registered office is in Bhavnagar, Gujarat. Its website is rkbgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No1497/B Opptheosophical Lodge Rupani Circle, Bhavnagar, Gujarat, India – 364002
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Shanti Ship Breakers Private Limited, buy the company report.
Comprehensive company report
Shanti Ship Breakers 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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Secure checkout · GST invoice included
Business activity
The main business activity of Shanti Ship Breakers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Shanti Ship Breakers Private Limited, buy the company report.
Financials of Shanti Ship Breakers Private Limited
FY 2024 filings availableShanti Ship Breakers Private Limited reported revenue of ₹50.38 Cr (down 35% YoY) for FY 2025.
Revenue · FY 2025
₹50.38 Cr ▼ 35%
Net profit · FY 2025
₹22.35 Lakh margin 0.4%
EBITDA · FY 2025
₹1.1 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 7%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 11%
5 years · compounded
▼ 11%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 35% fall in the latest year. EBITDA fell 55% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.35 Lakh | ||||
| Balance Sheet | |||||
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| 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 | 2.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Shanti Ship Breakers Private Limited, buy the company report.
Board of directors of Shanti Ship Breakers Private Limited
Shanti Ship Breakers 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 |
|---|---|---|---|---|
| Priya Honey Bansal | Director | 21 Mar 2023 | 3 Years 7 Months | Current |
| Honey Rajkumar Bansal Also directs: H.R.M. Polyplast Private Limited | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Shanti Ship Breakers Private Limited is compared with the 3 companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ihc Parts and Services (India) Private Limited | ₹51.26 Cr (FY 2025) | 3.0% | Thane, Maharashtra, India | |||
| M V Shiptrade Private Limited | ₹50.69 Cr (FY 2024) | 61.0% | Bhavnagar, Gujarat, India | |||
| Shanti Ship Breakers Private Limitedthis company | ₹50.38 Cr (FY 2025) | ₹22.35 Lakh | 0.4% | -35.0% | 68 | Bhavnagar, Gujarat, India |
| Sai Infinium Private Limited | ₹49.17 Cr (FY 2023) | -37.0% | Bhavnagar, Gujarat, India |
To see the full peer comparison of Shanti Ship Breakers Private Limited, buy the company report.
Auditor
Shanti Ship Breakers 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 Shanti Ship Breakers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shanti Ship Breakers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹327.39 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2023 | 100738024 | Indian Overseas Bank | ₹60 Cr | Open | |
| 19 Jun 2020 | 100381231 | Indian Overseas Bank | ₹68 Lakh | Open | |
| 10 Jul 2012 | 10365567 | Indian Overseas Bank | ₹66.36 Cr | Open | |
| 10 Jul 2012 | 10365569 | Indian Overseas Bank | ₹100 Cr | Open | |
| 29 Oct 2010 | 10256358 | Indian Overseas Bank Ltd | ₹35 Lakh | Open |
To see the full charge records of Shanti Ship Breakers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shanti Ship Breakers Private Limited has 3 court cases on record: 1 filed by Shanti Ship Breakers, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Bhavnagar, Gujarat | Court case (APPLN ESI) | Filed by the company against The Employoes State Insurance Company | Disposed |
| District court, Bhavnagar, Gujarat | Court case (DST LC) | Filed against the company by The New India Insuranc Company | Disposed |
To see the full case history of Shanti Ship Breakers 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 Shanti Ship Breakers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shanti Ship Breakers Private Limited has a workforce of 68 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
68
Active EPFO establishments
1
Employee growth
-16.05%
GST
Shanti Ship Breakers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCS4306Q1Z2 | Gujarat | Active | 01 Jul 2017 |
| 24AAGCS4306Q1DB | Gujarat | Active | 29 Oct 2024 |
To see the full GST registrations and return filing status of Shanti Ship Breakers Private Limited, buy the company report.
Recent activity
Shanti Ship Breakers Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Munishkumar Amritlal Bansal ceased to be Director on 03 Aug 2024.
AGM
Shanti Ship Breakers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Munishkumar Amritlal Bansal ceased to be Director.
Filing
Shanti Ship Breakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Indian Overseas Bank amounted to Rs. 60.00 Cr with Charge ID 100738024 was registered on 08 Jun 2023.
Appointed
Priya Honey Bansal was appointed as Director.
Charges
A charge with Indian Overseas Bank of Rs. 100.00 Cr registered on 18 Aug 2003 with Charge ID 80053178 was modified on 04 Jan 2023.
Charges
A charge with Indian Overseas Bank of Rs. 66.36 Cr registered on 10 Jul 2012 with Charge ID 10365567 was modified on 25 May 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.68 Cr with Charge ID 100381231 was registered on 19 Jun 2020.
Ceased
Rajinder Kumar ceased to be Director.
Ceased
Devdutt Dinkerrai Mehta ceased to be Director.
Appointed
Honey Rajkumar Bansal was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 100.00 Cr with Charge ID 10365569 was registered on 10 Jul 2012.
5 earlier events are in the company report.
Frequently asked questions
Shanti Ship Breakers 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 July 2002 (24+ years old) and is registered under CIN U35117GJ2002PTC041019.
Shanti Ship Breakers has 2 current directors:
- Priya Honey Bansal - Director
- Honey Rajkumar Bansal - Director
The latest financial statements of Shanti Ship Breakers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shanti Ship Breakers is 24AAGCS4306Q1Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCS4306Q1DB (Gujarat).
The CIN (Corporate Identification Number) of Shanti Ship Breakers is U35117GJ2002PTC041019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanti Ship Breakers has 3 court cases on record: 1 filed by the company and 2 filed against it.
Shanti Ship Breakers was incorporated on 26 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shanti Ship Breakers by revenue are Ihc Parts and Services (India) Private Limited, M V Shiptrade Private Limited, Sai Infinium Private Limited, all in the Shipping industry (Shipbuilding and Repairs), with the same principal business activity (metal and metal products).
Munishkumar Amritlal Bansal ceased to be Director on 03 Aug 2024. Priya Honey Bansal was appointed as Director on 21 Mar 2023. Rajinder Kumar ceased to be Director on 06 Jun 2019. Shanti Ship Breakers has 6 board changes on record in total.
Yes, Shanti Ship Breakers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-05-0029961).
Shanti Ship Breakers can be reached through the website rkbgroup.co.in. Its registered office is in Bhavnagar, Gujarat, India.