SSF Unquoted Share Price

About SSF Limited Unquoted/Illiquid Shares

SSF Limited is a Public Limited Company, incorporated on 01 February 1968. It is classified as Non-govt Company and is registered at Registrar of Companies, Vijayawada. The present Authorized Share Capital and Paid-up Capital of the Company stood at INR 7,00,00,000 and INR 6,65,67,100 respectively. The company has mostly been involved in the following business activities: exporting, trading, and processing marine products. The company exports a lot of marine food to important markets in the EU and outside the EU, including Japan, the USA, Thailand, China, Vietnam, South Korea, Malaysia, Singapore, and the Middle East. The administrative and managerial personnel of the company are having vast experience in the field of food processing & exports. The company has enthusiastic professionals to supervise the effective implementation of the HACCP system.

SSF Share Price, Share Details as of March 31, 2023

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Mr. V. Padmanabham, Managing Director

Mrs. V. Krishna Kumari, Non- Executive Director

Mr. M. A. Azeez Khaleeli, Non- Executive Director

Mr. P. Sudhindran, Independent Director

Mr. N. Rama Suresh, Independent Director

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

SSF LIMITED does not have any subsidiary or associate company.

SHAREHOLDING PATTERN (As of 30-06-2022)

INDUSTRY OUTLOOK

India shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore (USD 7.76 billion) during 2021-22, despite heavy odds.

Frozen shrimp remained the major export item in terms of quantity and value, while the USA and China turned out to be the major importers of India’s seafood.

Exports increased by 31.71% in rupee terms, 30.26% in USD terms, and 19.12% in quantity terms during FY 2021-22.In 2020-21, India exported 11,49,510 MT of seafood worth Rs 43,720.98 crore (USD 5,956.93 million).

Despite several challenges in its major export markets caused by the COVID pandemic, India managed to achieve all-time high exports worth US$ 7.76 billion with a volume of 13,69,264 MT of seafood, according to the Chairman of the Marine Products Export Development Authority (MPEDA).Export targets set by the Government of India's Department of Commerce are also met to a 99.4% success rate.

As for overseas markets, USA continued to be the major importer of Indian seafood in value and volume term both with an import worth USD 3371.66 million, accounting for a share of 37.56 % in terms of dollar value. Exports to US registered a growth of 27.63 % in quantity, 36.76 % in rupee value and 37.56 % in USD earnings. Frozen shrimp continued to be the principal item exported to US and the exports of Vannamei shrimp showed a growth of 26.81% in quantity and 34.65% in dollar terms. Exports of black tiger shrimp to US increased by 68.99% in quantity terms and 152.06% in USD terms.