Goa Shipyard Limited
+100 % 1 MAbout Goa Shipyard Limited
A Comprehensive Overview of Price & Journey
Understanding Goa Shipyard Limited Inception and Growth
Overview
Goa Shipyard Limited (GSL) is a premier shipbuilding company in Vasco da Gama, Goa, India. It was established in 1957, originally as "Estaleiros Navais de Goa" by the Portuguese colonial government. It was primarily focused on building barges for Goa's burgeoning mining industry. Initially, it was set up to cater to Goa’s mining and cargo industries; after that, it transitioned into defence shipbuilding after Goa's integration into India in 1961. Today, GSL operates under the administrative control of the Ministry of Defence, Government of India. Its registered office is in Vaddem, Vasco da Gama, Goa - 403802, India.
Although it is strategically significant in India's defence industry, Goa Shipyard is not listed on the stock exchange, and hence, no Goa Shipyard share price is publicly traded. Furthermore, its shares are not for public access as it is owned by the government. Thus, there is no Goa Shipyard Limited share price or Goa Shipyard unlisted share price to quote at present.
As of now, no news has come from the government or the company about a possible Initial Public Offering (IPO). Therefore, for anyone interested in investing or monitoring the Goa Shipyard Limited share price, there are no options present for trading its shares at the moment.
Services and Capabilities
GSL specializes in designing, building, and repairing a wide array of vessels, including:
-
Advanced warships
-
Offshore patrol vessels
-
Fast patrol vessels
-
Survey vessels
-
Training ships
The shipyard is equipped with modern infrastructure, such as a new slipway for major ship repairs, a damage control simulator, and heavy-lift cranes, enabling it to undertake complex shipbuilding and repair projects.
Board of Directors
-
Brajesh Kumar Upadhyay – Chairman & Managing Director
-
Jagmohan – Director (Finance)
-
Other officials overseeing operations, R&D, and corporate strategy
IPO Details
Goa Shipyard Limited is not a publicly listed company. As a government-owned entity, it operates under the Ministry of Defence, Government of India, and there have been no announcements regarding an Initial Public Offering (IPO).
Subsidiaries
Goa Shipyard Limited does not have any subsidiary companies.
Modernization and Future Projects
GSL is committed to continuous modernization to incorporate the latest technologies in shipbuilding. The shipyard is in discussions for collaborations with renowned shipbuilders to enhance its capabilities. To date, GSL has constructed 167 vessels, including barges, tugs, landing craft, offshore patrol vessels, and other ships for the Indian Navy, Indian Coast Guard, and export markets.
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Overview
Goa Shipyard Limited (GSL) is a premier shipbuilding company in Vasco da Gama, Goa, India. It was established in 1957, originally as "Estaleiros Navais de Goa" by the Portuguese colonial government. It was primarily focused on building barges for Goa's burgeoning mining industry. Initially, it was set up to cater to Goa’s mining and cargo industries; after that, it transitioned into defence shipbuilding after Goa's integration into India in 1961. Today, GSL operates under the administrative control of the Ministry of Defence, Government of India. Its registered office is in Vaddem, Vasco da Gama, Goa - 403802, India.
Although it is strategically significant in India's defence industry, Goa Shipyard is not listed on the stock exchange, and hence, no Goa Shipyard share price is publicly traded. Furthermore, its shares are not for public access as it is owned by the government. Thus, there is no Goa Shipyard Limited share price or Goa Shipyard unlisted share price to quote at present.
As of now, no news has come from the government or the company about a possible Initial Public Offering (IPO). Therefore, for anyone interested in investing or monitoring the Goa Shipyard Limited share price, there are no options present for trading its shares at the moment.
Services and Capabilities
GSL specializes in designing, building, and repairing a wide array of vessels, including:
-
Advanced warships
-
Offshore patrol vessels
-
Fast patrol vessels
-
Survey vessels
-
Training ships
The shipyard is equipped with modern infrastructure, such as a new slipway for major ship repairs, a damage control simulator, and heavy-lift cranes, enabling it to undertake complex shipbuilding and repair projects.
Board of Directors
-
Brajesh Kumar Upadhyay – Chairman & Managing Director
-
Jagmohan – Director (Finance)
-
Other officials overseeing operations, R&D, and corporate strategy
IPO Details
Goa Shipyard Limited is not a publicly listed company. As a government-owned entity, it operates under the Ministry of Defence, Government of India, and there have been no announcements regarding an Initial Public Offering (IPO).
Subsidiaries
Goa Shipyard Limited does not have any subsidiary companies.
Modernization and Future Projects
GSL is committed to continuous modernization to incorporate the latest technologies in shipbuilding. The shipyard is in discussions for collaborations with renowned shipbuilders to enhance its capabilities. To date, GSL has constructed 167 vessels, including barges, tugs, landing craft, offshore patrol vessels, and other ships for the Indian Navy, Indian Coast Guard, and export markets.
About Goa Shipyard Limited
IPO Details, Price movement
Performance Highlights 2023-2024
-
Revenue from Operations Increased significantly by 98%, from ₹882 crore in FY2022- 23 to ₹1,750 crore in FY2023- 24.
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Profit Before Tax increased by 78%, from ₹205 crore in FY2022- 23 to ₹365 crore in FY2023- 24.
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Net Profit (PAT) increased from ₹155 crore in FY2022- 23 to ₹271 crore in FY2023- 24.
-
Cash Flow from Operating Activities was INR 536 crore in FY24, whereas it was INR 1075 crore in FY23.
-
Net Cash Used in Investing Activities was INR 647 crore in FY23, whereas it became INR 57 crore in FY24.
-
Net Cash Used in Financing Activities was INR 58 crore in FY23, whereas it became INR 79 crore in FY24.
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 740.35 | 869.43 | 1752.29 |
| Other Income | 124.40 | 176.37 | 338.28 |
| COGS | 285.63 | 286.44 | 1135.65 |
| Gross Profit | 579.12 | 759.37 | 954.92 |
| Total Expense | 383.78 | 492.03 | 515.24 |
| EBIDTA | 195.34 | 267.33 | 439.68 |
| D&A | 56.02 | 61.85 | 74.90 |
| EBIT | 139.33 | 205.48 | 364.79 |
| Interest Expense | 0.26 | 0.47 | 0.39 |
| PBT | 135.43 | 205.01 | 364.40 |
| TAX | 34.34 | 50.47 | 93.32 |
| PAT | 101.09 | 154.54 | 271.08 |
| Diluted EPS | 8.68 | 13.28 | 23.31 |
| Basic EPS | 8.68 | 13.28 | 23.31 |
| Total income | 864.75 | 1,045.80 | 2,090.57 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 123.91 | 493.10 | 893.35 |
| Trade Payables | 189.53 | 168.73 | 110.70 |
| Inventory | 48.12 | 114.28 | 368.85 |
| Other Current Assets | 3268.10 | 4265.45 | 4693.59 |
| Total Current Assets | 3,629.66 | 5,041.56 | 6,066.49 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 753.29 | 969.39 | 1024.79 |
| Other Non Current Assets | 376.29 | 120.22 | 22.35 |
| Total Non Current Assets | 1,129.58 | 1,089.61 | 1,047.14 |
| Total Assets | 4,759.24 | 6,131.17 | 7,113.63 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 270.86 | 494.09 | 532.92 |
| Other Current Liab | 2701.89 | 3785.49 | 4588.35 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Deffered Tax Liab | 6.64 | 11.73 | 2.05 |
| Other Non Current Liab | 631.02 | 593.01 | 552.41 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 58.20 | 58.20 | 58.20 |
| Other Equity | 1090.63 | 1188.66 | 1379.69 |
| Total Equity | 1,148.83 | 1,246.86 | 1,437.89 |
| Total Liabilities & Equity | 1,148.83 | 1,246.86 | 1,437.89 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 576.73 | 1074.85 | 535.89 |
| Cash Flow from financing | - | -50.70 | -57.72 | -78.65 |
| Cash Flow from investing | - | -553.48 | -647.94 | -56.99 |
| Net cash flow | 0.00 | -27.45 | 369.19 | 400.25 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| President of India | NA | 51.09% |
| Mazagon Dock Shipbuilders Ltd. | NA | 47.21% |
| Others | NA | 1.60% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.