Goa Shipyard Unlisted Share Price

Goa Shipyard Share Price And Unlisted Shares - Company Overview

GOA SHIPYARD LIMITED (‘GSL’) is a Government of India-owned defense public sector undertaking under the administrative control of the Ministry of Defence, Department of Defence Production. Goa Shipyard Limited is a Miniratna company. The company is engaged in the business of Shipbuilding, Ship Repair, and General Engineering Services for the defense and commercial sectors.

The company’s shipyard is located at Vasco da Gama, Goa. Goa Shipyard Limited has completed the construction of dedicated infrastructure for the production of GRP vessels and set up separate facilities to support Ship Repair & General Engineering Services activities, as part of diversification. The company has set up a liaison office in Karwar, Karnataka to explore ship repair opportunities.

In the recent past, Goa Shipyard Limited has grown exponentially on diverse fronts offering end-to-end solutions for design, construction, and through-life support for defense platforms. The company has emerged as a leading shipbuilder in the Indian sub-continent, capable of indigenously designing and building state-of-the-art high-technology, and sophisticated ships to cater to the maritime security requirements of the country and its friendly neighbors. Indian Navy, Indian Coast Guard, Oil, and Natural Gas Commission, Government of Goa, and Government of Yemen are some of the prominent clients of Goa Shipyard Limited.

The delivered product range of Goa Shipyard Limited includes Offshore Patrol Vessels, Fast Patrol Vessels, Missile Crafts, Sail Training Ships, Tugs, Boats, Fishing Vessels, Passenger Vessels, etc. While, in the last 3 decades, the company has attained domain expertise in Offshore Patrol Vessels and Fast Attack Crafts, and now the Yard is upgrading and up-skilling to more advanced and complex platforms such as Frigates and Corvettes. The Shipyard has further diversified into the design and construction of Glass Reinforced Plastic (GRP) vessels, Hovercrafts, Damage Control Simulator (DCS), Survival at Sea Training Facility (SSTF), Shore Based Test Facility (SBTF), Stern Gear, and Shafting equipment.

Goa Shipyard is one of the leading shipbuilding companies in India. Goa Shipyard’s share price has been volatile recently but has remained generally strong. Goa Shipyard share price is likely to continue to be affected by global economic conditions and the shipbuilding industry.