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.

Goa Shipyard Share Price, Unlisted Share Details as of March 31, 2025

Incorporation Details of Goa Shipyard

Principal Business Activities of Goa Shipyard

Board of Directors of Goa Shipyard

Shri Brajesh Kumar Upadhyay, Chairman & Managing Director

Shri Sunil Shivaling Bagi , Director

Smt Rolley Mahendra Varma, Govt. Nominee Director

Shri Deepak Manohar Patwardhan, Independent Director

Shri Hasmukh Hindocha, Independent Director

Capt. Jagmohan, IN (Retd.) Director (CPP&BD)

Smt Nazli Jafri Shayin, Govt. Nominee Director

Cmde B. B. Nagpal, NM, IN (Retd.) Chairman & Managing Director

Shri T. N. Sudhakar. Director (Finance)

Goa Shipyard Particulars of Subsidiary and Associate Companies

Goa Shipyard Limited does not have any subsidiary or associate company.

Shareholding Pattern of Goa Shipyard (As of 31-03-2025)

Goa Shipyard Industry Outlook

The Indian defense sector has largely been dependent on imports for critical technologies and equipment. However, of late, the Government of India has made substantial progress in not only achieving self-reliance but also shedding the tag of the leading importer of defense products and has moved a step further to transcending into exports of defense equipment.

Towards the same, the Government in its quest to boost indigenous defense manufacturing has taken substantive steps such as ease of licensing in defense, increased thrust on exports, accelerating the process of Acceptance of Necessity and RFPs, and encouraging private sector participation in defense production.

As per a published report, the Indian Navy’s perspective plan envisaged augmentation of its fleet size from the present 150 to 200 nos. by 2027. Indian Coast Guard is also on a similar expansion program, coherent with the policy of securing coastal territory.

This expansion of maritime forces is expected to provide a spurt in the indigenous shipbuilding arena.

Besides, the Government of India’s indigenization plan is also expected to give a fillip to the growth of ancillaries and generally improve the shipbuilding environment in the country.

In commercial shipbuilding, the requirements envisaged in Coastal and Inland Waterways transportation present the most promising segment. The new multi-modal freight terminal in Varanasi, being part of the Jal Marg Vikas project, marked the beginning of the government’s effort to resurrect the Ganga as a significant transportation artery.

The Company has built a River Passenger Ferry for use in the inland waterways segment and thus makes an inroad in this segment.

The use of new technologies, such as autonomous vessels, artificial intelligence (AI), and automation are the key drivers of the shipbuilding market across the globe. Additionally, the adoption of robotic technologies and Industry 4.0 technologies are likely to supplement the shipbuilding market in the near future.

There is immense potential to forge strategic partnerships and convert India into a hub for defense shipbuilding exports and to offer maintenance support services to friendly foreign countries.

FAQs on Goa Shipyard

Q. What is the face value of Goa Shipyard Ltd shares?
Answer: The face value of Goa Shipyard Ltd shares is ₹5 per equity share.

Q. What is the ISIN of Goa Shipyard Ltd shares?
Answer: The ISIN of Goa Shipyard Ltd is INE178Z01013.

Q. What is the minimum lot size for buying Goa Shipyard shares through WWIPL?
Answer: The minimum lot size is generally 100 shares, subject to market availability and seller inventory.

Q. How can I buy Goa Shipyard Ltd unlisted shares through WWIPL?
Answer: Investors can complete KYC formalities, confirm pricing and quantity, transfer funds, and receive shares directly in their Demat account through WWIPL.

Q. Why should I buy Goa Shipyard Ltd shares through WWIPL?
Answer: WWIPL offers verified transactions, transparent pricing, secure settlements, Demat transfers, and dedicated support throughout the investment process.

Q. Is investing in Goa Shipyard Ltd a good idea?
Answer: Investors often evaluate Goa Shipyard based on its strong defence shipbuilding business, government ownership, healthy order book, profitability, and long-term defence

sector opportunities.

Q. Why are investors interested in Goa Shipyard Ltd before a potential IPO or listing event?
Answer: Investors seek exposure to a profitable defence PSU operating in a strategic sector with growing government focus on indigenous defence manufacturing.

Q. What does Goa Shipyard Ltd do?
Answer: Goa Shipyard Ltd designs and builds naval vessels, patrol vessels, interceptor boats, and other specialized ships for the Indian Navy, Coast Guard, and export customers.

Q. What are the key growth drivers for Goa Shipyard Ltd?
Answer: Rising defence spending, export opportunities, naval modernization programs, and the government's 'Make in India' initiative can support future growth.

Q. What factors influence the valuation of Goa Shipyard Ltd shares?
Answer: Order book size, profitability, defence contracts, earnings growth, peer valuations, and potential listing prospects are key valuation drivers.

Q. What documents are required to buy Goa Shipyard Ltd shares from WWIPL?
Answer: PAN Card, Aadhaar Card, Client Master Report (CMR), and bank account details are generally required to complete the transaction.

Q. Are Goa Shipyard Ltd shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q. Can I sell my Goa Shipyard Ltd shares through WWIPL?
Answer: Yes. WWIPL assists investors in both buying and selling unlisted shares, subject to market demand and liquidity.

Q. How long does it take for Goa Shipyard Ltd shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are typically transferred as per the agreed settlement timeline after successful transaction completion.

Q. What makes Goa Shipyard Ltd different from other unlisted companies?
Answer: Goa Shipyard is a Government of India defence shipbuilder with decades of operational history and a strategic role in India's maritime defence ecosystem.

Q. What are the risks of investing in Goa Shipyard Ltd shares?
Answer: Investors should consider project execution risks, dependence on government contracts, delays in defence procurement, valuation risks, and liquidity constraints in the unlisted market.

Q. Why do HNIs track Goa Shipyard Ltd shares closely?
Answer: Many investors view Goa Shipyard as a defence-sector opportunity with strong fundamentals, government backing, and potential future listing upside.