May 21, 2018 3:43 PM ET

Machinery

Company Overview of Garden Reach Shipbuilders & Engineers Limited

Company Overview

Garden Reach Shipbuilders & Engineers Limited operates as a shipbuilding company in India. The company offers frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, WJ-FAC, hover crafts, and fast interceptor boats to the Indian Navy, Indian Coast Guard, MHA, and other governments. It also manufactures deck machinery items, pre-fabricated portable steel bridges, and marine pumps, as well as engages in engine production activities. The company was incorporated in 1934 and is based in Kolkata, India.

43/46, Garden Reach Road

Kolkata,  700024

India

Founded in 1934

Phone:

91 33 2469 8100

Fax:

91 33 2469 8150

Key Executives for Garden Reach Shipbuilders & Engineers Limited

Chairman, MD & Director of Shipbuilding
Director of Finance & Director
Director of Personnel, CVO & Director
Chief General Manager of Commercial & Corporate Planning
Chief General Manager of Enterprise Resource Planning & Yard Modernisation
Compensation as of Fiscal Year 2017.

Garden Reach Shipbuilders & Engineers Limited Key Developments

Garden Reach Shipbuilders Engineers Limited Appoints Inder Paul Singh Bali as Non-Official Independent Director

Inder Paul Singh Bali has been appointed as non-official independent director on the board of the Garden Reach Shipbuilders and Engineers Limited under the Department of Defence Production for a period of three years.

Garden Reach Shipbuilders Engineers Limited Appoints Ajay Bhandari as Non-Official Independent Director to the Board

Ajay Bhandari has been appointed as Non-Official Independent Director on the Board of the Garden Reach Shipbuilders and Engineers Limited under the Department of Defence Production for a period of three years.

Garden Reach Shipbuilders and Engineers Ltd Set to Win INR 54,000 Million Navy Order

Garden Reach Shipbuilders and Engineers Ltd. is set to win a INR 54,000 million order from the Navy to build eight anti-submarine warfare (ASW) corvettes. The contract is seen to boost its share value during its proposed IPO. Kolkata-based GRSE was the second lowest bidder in a tender issued by the Navy to build 18 ASW corvettes, an order that would be split equally between two yards. The second lowest bidder will have to match the lowest bid to win the order for eight corvettes. While Cochin Shipyard emerged the lowest bidder, the contract for the balance eight ships will be awarded to GRSE at the price quoted by the lowest bidder, said officials briefed on the tender. GRSE was also the lowest bidder to build four survey vessels for the Navy worth INR 20,800 million.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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