Shipping Corporation Of India Limited - Company Profile

It is a transport and logistics public limited union government company based in Mumbai, Maharashtra, India, established in 1950.

1950 Mumbai, Maharashtra, India Active

Last Updated: December 10, 2025

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About Shipping Corporation Of India Limited

Shipping Corporation Of India Limited, a active public limited union government company, was established on 24 March 1950 in Mumbai, Maharashtra, India. Engaging in shipping & maritime services within the transport and storage sector, it holds CIN: L63030MH1950GOI008033. Registered under ROC Roc Mumbai. it is listed on BSE: 523598 and NSE: SCI. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹465.80 Cr.

Formerly known as The Shipping Corporation Of India Limited, The Eastern Shipping Corporation Of India Limited. It upholds a compliant status. In 2023, it reported revenue of ₹5,906.65 Cr and a net worth of ₹6,371.44 Cr. Its leadership includes Manjitsingh Darshansingh Saini (Whole-Time Director), Binesh Kumar Tyagi (Whole-Time Director), Vikram Dingley (Whole-Time Director). Past directors included Chandrashekar Balakrishnan, Pradip Panalal Shah, Varadharajan Gopalkrishnanvaradharajan Gopal. It holds ₹12,512.12 Cr open charges and ₹46,906.92 Cr settled loans. Its latest AGM occurred on 18 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shipping House, 245 Madame Cama Road, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
L63030MH1950GOI008033
Registration Number
008033
Incorporation Date
24 March 1950
Authorized Capital
₹1,000.00 Cr
Paid-Up Capital
₹465.80 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 523598, NSE: SCI)
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,000.00 Cr as on 10-12-2025
Paid Up Capital ₹ 465.80 Cr as on 10-12-2025
Company Age 75 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 12,512.12 Cr as on 10-12-2025
Satisfied Charges ₹ 46,906.92 Cr as on 10-12-2025
Revenue Growth **** 15.85% (FY 2023)
Profit Growth **** 0.67% (FY 2023)
Ebitda **** 1.99% (FY 2023)
Net Worth 0.72% (FY 2023)
Total Assets -21.24% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Shipping Corporation Of India 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 Shipping Corporation Of India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manjitsingh Darshansingh Saini	Whole-Time Director	05 Jul 2023	Current
Binesh Kumar Tyagi	Whole-Time Director	07 Jan 2021	Current
Vikram Dingley	Whole-Time Director	19 May 2022	Current
Chirayu Indradeo Acharya	Whole-Time Director	13 Jun 2022	Current
Jaswinder Singh	Whole-Time Director	29 Dec 2023	Current
Priya Sheel Hada	Director	11 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Dec 2008	Past
Pramod Abcsdd	Director	29 Jan 2007	Past
Pramod Abcsdd	Additional Director	03 Sep 2014	Past
Pramod Abcsdd	Nominee Director	04 Nov 2025	Past
Pramod Abcsdd	Additional Director	12 Sep 2023	Past
Pramod Abcsdd	Managing Director	11 Sep 2019	Past

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Financial Performance of Shipping Corporation Of India.

Shipping Corporation Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.85% increase. The company also saw a slight improvement in profitability, with a 0.67% increase in profit. The company's net worth moved up by a moderate rise of 0.72%.

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

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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

********

15.85%

*******

Revenue from Operations

*******

16.01%

*******

Total Assets

*******

-21.24%

*******

Profit or Loss

*******

0.67%

*******

Net Worth

*******

0.72%

*******

EBITDA

*******

1.99%

*******

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What is the Ownership and Shareholding Structure of Shipping Corporation Of India?

In 2023, Shipping Corporation Of India had a promoter holding of 63.75% and a public holding of 36.26%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹125,121,245,129.45

Satisfied Charges

₹469,069,180,410.00

Charges Breakdown by Lending Institutions

Mizuho Corporate Bank Ltd : 4060.84 Cr
Others : 2031.40 Cr
State Bank Of India : 1388.00 Cr
Mizuho Bank (Usa) : 1384.40 Cr
Sbicap Trustee Company Limited : 1283.44 Cr
Others : 2364.05 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Apr 2024	Standard Chartered Bank	₹361.98 Cr	Open
12 Mar 2024	State Bank Of India	₹1,230.00 Cr	Open
16 Sep 2021	Others	₹756.85 Cr	Open
21 Jul 2017	Sbicap Trustee Company Limited	₹495.00 Cr	Open
16 Mar 2017	Sbicap Trustee Company Limited	₹160.00 Cr	Open

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How Many Employees Work at Shipping Corporation Of India?

Unlock and access historical data on people associated with Shipping Corporation Of India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shipping Corporation Of India, 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 Shipping Corporation Of India's trajectory.

Rating

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

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 Shipping Corporation Of India

Recent Activity within the Organization

Director Appointment

The activity Raju Lakshmanan was appointed as a Nominee Director was appointed as a Nominee Director on 04 Nov 2025 & has been associated with this company since 3 months 28 days . was completed.
04 Nov 2025
Director Appointment

Progress on Som Raj was appointed as a Whole-time director was appointed as a Whole-time director on 15 Jul 2025 & has been associated with this company since 7 months 18 days . was documented.
15 Jul 2025
Charges

Progress on A charge registered on 28 Jun 2012 via Charge ID 10371433 with Sbicap Trustee Company Limited was fully satisfied on 16 Apr 2025. was documented.
16 Apr 2025
Director Appointment

Progress on Priya Sheel Hada was appointed as a Director was appointed as a Director on 11 Apr 2025 & has been associated with this company since 10 months 21 days . was documented.
11 Apr 2025
Director Appointment

Progress on Satish Kumar Chawla was appointed as a Director was appointed as a Director on 11 Apr 2025 & has been associated with this company since 10 months 21 days . was documented.
11 Apr 2025
Director Appointment

Gulabbhai Lakhubhai Rohit was appointed as a Director was appointed as a Director on 11 Apr 2025 & has been associated with this company since 10 months 21 days . was recorded as a recent event.
11 Apr 2025

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