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 Oilfield ...s 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.
1. Can I buy Essar Shipping Ltd from PL Capital? ›
Yes, you can invest in Essar Shipping Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Essar Shipping Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Essar Shipping Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Essar Shipping Ltd pay dividends? ›
Essar Shipping Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Essar Shipping Ltd ? ›
As of
05-12-2025 the share price for Essar Shipping Ltd. is 29.69 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Essar Shipping Ltd ? ›
The 52-week high and low of Essar Shipping Ltd share price is ₹ 21.5 - ₹ 43.26 as of
05-12-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
