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Garden Reach Shipbuilders & Engineers Ltd logo

Garden Reach Shipbuilders & Engineers Ltd

NSE: GRSE BSE: 542011

₹2728.30

(3.06%)

Mon, 25 May 2026, 10:52 am

mtf coin illustrationMTF 5x

Company History

1884

  • The Company started operating shipbuilding and repair workshops as an unincorporated entity.

1934

  • The Company was incorporated under the name and style of Garden Reach Workshops Limited.

1957

  • The word ‘Private’ was added to the name of the Company and the name became Garden Reach Workshops Private Limited.

1960

  • The Company was acquired by the Government of India.

1961

  • The word ‘Private’ was deleted from the name of the Company.
  • The Company built the indigenous warship INS Ajay, which was the first Naval ship built in the country after India's independence.

1976

  • The name of the Company was changed to Garden Reach Shipbuilders & Engineers Limited.
  • The status of the Company was changed from ‘private limited company’ to ‘deemed public limited company’ under the provision of Section 43(1A) of the Companies Act, 1956.

1980

  • The patrol vessel CGS Rajhans was built for Indian Coast Guard.

1981

  • The survey vessel INS Sandhayak was delivered to Indian Navy.

1984

  • The Company designed in-house and built the first of class landing ship tank (large).

1992

  • The class ship of new design FPV, CGS Priyadarshini, was delivered to Indian Coast Guard.

1994

  • The class P-16A guided missile frigate INS Brahmaputra was launched.
  • The Company built a research vessel named Sagardhwani.

1997

  • The Company designed and developed portable steel bridges for the first time in India.

2000

  • The class fast attack craft was delivered to Indian Navy after extensive trials.

2006

  • The Company was accorded the status of Mini Ratna - Category I.

2009

  • The two WJ-FAC, INS Carnicobar and INS Chetlat, were delivered to Indian Navy.

2011

  • The Company signed a contract for building CGS Barracuda, a multi-role offshore patrol vessel for National Coast Guard of Mauritius.

2014

  • The class ASW Corvette, INS Kamorta, was delivered to Indian Navy.

2016

  • The first of the follow-on WJ-FAC, INS Tarmugli, was delivered to the Indian Navy.
  • The Company delivered one ship of the class new generation landing crafts to Indian Navy.
  • The Company received Quality leadership award by Quality Circle Forum of India.
  • The Company received Rajbhasha Kirti Puraskar – 2nd prize for excellence in implementation of official language.
  • The Company received Rajbhasha Kirti Puraskar – 2nd prize for the magazine ‘Rajbhasha Jagriti’

2017

  • The Company was converted into a public limited company pursuant to the shareholders resolution passed in the Annual General Meeting.
  • A fresh certificate of incorporation was issued by the Registrar of Companies, West Bengal.
  • The Company delivered two ships of the class new generation landing crafts to Indian Navy.
  • The Company received Quality Leadership Award by Quality Circle Forum of India.
  • The Company received ICC PSE Excellence Award in the category of Company of the Year.
  • The Company received ICC PSE Excellence Award in the category of Corporate Governance.
  • The Company received SCOPE Corporate Communication Excellence Award 2017 in the category of Brand Building through Inclusive Growth Initiatives.
  • The Company received SCOPE Corporate Communication Excellence Award 2017 in the category of Best Corporate Communication Campaign/ Program (External)

2023

  • The Company signed an MoU with Rolls Royce Solutions of Germany for production of Marine Engines under Make in India initiative.

2024

  • The Company received a letter of Intent of Award for Contract for Design, development, construction, Integration of Equipment, Testing, certification from Naval Physical & Oceanographic Laboratory.
  • The Company received two letters of Acceptance of Award for Contract for Design, Build, Operation and Maintenance of Hybrid Electric Ferries from Government of West Bengal.
  • The Company entered a Contract with the Bangladesh Inland Water Transport Authority for the Procurement of 01 No. Trailing Suction Hopper Dredger.