Essar Shipping Ltd Company Summary

Essar Shipping Ltd was incorporated on April 16, 2010 with the name of Essar Ports & Terminals Ltd in the State of Gujarat. The company received the certificate of commencement of business on June 1, 2010. Later, the name of the Company was changed from Essar Ports & Terminals Ltd to Essar Shipping Ltd with effect from September 7, 2010.The Company is a part of the multinational conglomerate Essar Group. It is an integrated logistics solution provider with investments in logistics services, sea transportation and oilfield drilling services. It is mainly engaged in fleet operating and chartering activities and operates international and coastal voyages.The company has a diversified fleet of 26 vessels, including VLCCs, Capesizes, Supramaxes, mini bulk carriers and tugs. The Oilfields Services business provides contract drilling services to oil & gas companies across the globe. This business owns one semi-submersible rig and 12 land rigs. The Logistics business provides end-to-end logistics services - from ships to ports, lighterage services to plants, intra-plant logistics and dispatching finished products to the final customer. This business owns transshipment assets to provide lighterage support services, and onshore & offshore logistics services. In 2011-12, the Scheme of Arrangement between Essar Shipping Ports & Logistics Ltd (ESPLL), Essar Ports & Terminals Ltd (EPTL), Mauritius, Essar International Ltd (EIL) Mauritius and the Company for the merger of EPTL and EIL with ESPLL and the demerger of the Shipping & Logistics Business and the Oilfields Services Business into ESL was made effective from October 1, 2010. Upon the Scheme becoming effective, the Company ceased to be a subsidiary of Essar Shipping Ports & Logistics Ltd with effect from October 1, 2010. In consideration of the demerger, the Company allotted 20,52,27,768 equity shares of Rs 10/- each as fully paid up to the eligible members of ESPLL. On July 27, 2011, the Company acquired a 152,065 DWT Cape See Dry Bulk Carrier.

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

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This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

Essar Shipping Ltd Company Summary

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.