Amrut Dredging And Shipping Limited
- Unlisted share
- Infrastructure & Services
- ISIN INE08T601019
At a glance
Sales
FY24
₹38.77 Cr
+65.4%on FY23What the company earned from its customers in the year.
Profit
FY24
₹5 Cr
+1282%on FY23What was left after every cost and tax was paid.
Market valuecalculated
₹315 Cr
What the whole company would be worth at GrowFast's indicative price.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Amrut Dredging And Shipping Limited
- ISIN
- INE08T601019
- Sector
- Infrastructure & Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹229.68
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Amrut Dredging And Shipping Limited
Amrut Dredging and Shipping is a marine contractor that carries out dredging work for ports and other maritime clients using its own vessels. It was incorporated in 1995 as Amrut Securities and took its present name in 2014; the registered office is in Rajkot and the corporate office in Mumbai. Managing director Pavan Anilbhai Gandhi is the promoter, and the promoter group held 72.88% before a planned SME IPO.
Written from: amrutdredging.in
Listing status. Draft Red Herring Prospectus dated 21 November 2024 filed for a fresh issue of up to 49,10,000 shares on the SME platform of BSE. No listing could be confirmed. Draft Red Herring Prospectus dated 21 November 2024 (company website)
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Infrastructure & Services
- ISIN
- INE08T601019
- Year of incorporation
- 1995
- Registered office
- Rajkot, Gujarat
- Promoter
- Pavan Anilbhai Gandhi; promoter and promoter group 72.88%
- Key people
- Managing Director: Pavan Anilbhai Gandhi; CFO: Kajal Gupta
- Permanent employees
- 9 people
- Face value per share
- ₹10
- Equity shares outstanding
- 1,37,21,600 shares
- CIN
- U67120GJ1995PLC025194
- Official website
- amrutdredging.in
Read from: Draft Red Herring Prospectus dated 21 November 2024 (company website), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
57.6×
At this price you pay ₹57.6 for every ₹1 of profit the company made in the year.
Profit margincalculated
12.9%
Out of every ₹100 of sales, ₹12.9 was left as profit.
- Indicative price
- ₹229.68
- Market valuecalculated
- ₹315 Cr
- price × shares
- No. of shares
- 1,37,21,600
- EPS
- ₹3.99
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2023-24. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Amrut Dredging and Shipping Limited (incorporated as Amrut Securities Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY22 to FY24: ₹20.38 Cr to ₹38.77 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY22 to FY24: ₹1.97 Cr to ₹5 Cr.
| Particulars | FY22 | FY23 | FY24Latest |
|---|---|---|---|
| Revenue from operations | 20.38 | 23.44 | 38.77▲65% |
| Other income | 2.6 | 1.7 | 1.02▼40% |
| Total income | 22.98 | 25.14 | 39.79▲58% |
| Depreciation and amortisation | 3.3 | 2.82 | 4.65▲65% |
| Finance costs | 0.82 | 1.09 | 1.94▲78% |
| Profit before tax | 4.71 | 4.43 | 11.17▲152% |
| Profit after tax | 1.97 | 0.36 | 5▲1282% |
| Earnings per share (basic) (₹) | 2.75 | 0.51 | 3.99▲682% |
Rupees crore unless marked, standalone, consolidated. The change shown is the latest year against the year before. Read from: Draft Red Herring Prospectus dated 21 November 2024 (company website).
Credit rating. CRISIL B/Stable (long term) and CRISIL A4 (short term), 'issuer not cooperating', on ₹9.75 crore of bank loan facilities (22 March 2022) CRISIL Ratings rating rationale, 22 March 2022
Ownership
Shareholding pattern
Who owns the company
As of 21 November 2024 (pre-issue, per DRHP)
72.9%Promoter and Promoter Group
- Largest holder
- 72.9%
- Top 2 together
- 100.0%
- Holders named
- 2
- Promoter and Promoter Group72.88%
- Public27.12%
- Total100.00%
Read from: Draft Red Herring Prospectus dated 21 November 2024 (company website)
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 3 Aug 202412,03,000 shares of ₹10 issued; the share-capital history table gives the price as ₹140, while the promoter's build-up table shows ₹130 for his part of the same allotment. | Preferential allotment | Equity shares | ₹140 | Not stated |
| 27 Mar 202414,52,900 shares of ₹10 issued at ₹125 each. | Preferential allotment | Equity shares | ₹125 | Not stated |
| 29 Jan 202410,14,400 shares of ₹10 issued at ₹125 each. | Preferential allotment | Equity shares | ₹125 | Not stated |
| 29 Dec 20235,41,050 shares of ₹10 issued at ₹125 each. | Preferential allotment | Equity shares | ₹125 | Not stated |
| 28 Dec 20235,76,000 shares of ₹10 issued at ₹125 each. | Preferential allotment | Equity shares | ₹125 | Not stated |
| 27 Dec 20233,91,000 shares of ₹10 issued at ₹125 each. | Preferential allotment | Equity shares | ₹125 | Not stated |
| 8 Dec 20237,31,950 shares of ₹10 issued at ₹125 each. | Preferential allotment | Equity shares | ₹125 | Not stated |
| 6 Dec 20236,60,000 shares of ₹10 issued at ₹125 each. Across FY2023-24 the cash flow statement shows ₹6,709.13 lakh raised from share issues. | Private placement | Equity shares | ₹125 | Not stated |
| 15 Nov 20211,61,300 shares of ₹10 issued at ₹145 each. | Private placement | Equity shares | ₹145 | Not stated |
Read from: Draft Red Herring Prospectus dated 21 November 2024 (company website)
Leadership
Management
Pavan Anilbhai Gandhi
Managing Director
Kajal Gupta
Chief Financial Officer
Drushti Pavan Gandhi
Non-Executive Director
Capt Banshi Dhar Mishra
Non-Executive Independent Director
Manoj Harshadrai Lotia
Non-Executive Independent Director
Girdhari Lal Kundalwal
Non-Executive Independent Director
Hiral P Dutiya
Company Secretary and Compliance Officer
Read from: Draft Red Herring Prospectus dated 21 November 2024 (company website)
Corporate calendar
Events
- 21 Nov 2024DRHP filingDraft Red Herring Prospectus filed for an IPO of up to 49.1 lakh new shares on BSE SMEOpen
- 3 Aug 2024Share issuePreferential allotment of 12,03,000 shares, taking paid-up shares to 1,37,21,600Open
- 27 Mar 2024Share issuePreferential allotment of 14,52,900 shares at ₹125 each, the last of seven allotments in FY2023-24Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Amrut Dredging And Shipping Limited on WhatsAppIs the price shown for Amrut Dredging And Shipping Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Amrut Dredging And Shipping Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Amrut Dredging And Shipping Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Amrut Dredging And Shipping Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.