Garden Reach Shipbuilders & Engineers (GRSE)
GRSE is a Kolkata-based Miniratna Category-I defence PSU that has built 100+ warships for the Indian Navy — the most by any Indian shipyard. Major programmes: Kamorta-class (Project 28) ASW corvettes
Last verified:
At a Glance
- Headquarters
- Kolkata, West Bengal, India (Garden Reach, eastern bank of Hooghly River)
- Type
- Company (listed)
- Founded
- 1884 (as a small private company; renamed Garden Reach Workshop 1916; nationalised 1960)
- India entity
- null
- Listed
- NSE: GRSE | BSE: 542011 (IPO October 2024); Miniratna Category-I CPSE
- Key India role
- GRSE is a Kolkata-based Miniratna Category-I defence PSU that has built 100+ warships for the Indian Navy — the most by any Indian shipyard. Major programmes: Kamorta-class (Project 28) ASW corvettes
- indicators
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- key specs
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What It Is
GRSE is a Kolkata-based Miniratna Category-I defence PSU that has built 100+ warships for the Indian Navy — the most by any Indian shipyard. Major programmes: Kamorta-class (Project 28) ASW corvettes (4 ships, all commissioned, INS Kavaratti final in Oct 2020); Project 17A Nilgiri-class stealth frigates (4 of 7 at GRSE — Himgiri delivered Aug 2025, INS Vindhyagiri commissioned Jun 2026); Next-Generation Offshore Patrol Vessels (4 NGOPVs contracted Mar 2023; first 'Shruti' launched Aug 11, 2026); ASW Shallow Water Craft (ASW-SWC) — lead ship INS Arnala commissioned Jun 2025. GRSE emerged as the lowest bidder (₹5,400 Cr) for Indian Navy's 8 ASW corvettes (Project 28A / NGC).
Deployments & Procurement
3 documented India deployment(s)/procurement(s).
| Agency | Context | Year | Quantity / Note | Sources |
|---|---|---|---|---|
| Indian Navy | Kamorta-class ASW corvettes — 4 ships commissioned | 2014-2020 | 4 | [1][2][3] |
| Indian Navy | INS Himgiri (P17A frigate) delivery | Aug 1, 2025 | 1 of 4 P17A frigates at GRSE | [1][2][3] |
| Indian Navy | First NGOPV 'Shruti' launched | Aug 11, 2026 | 1 of 4 NGOPVs | [1][2][3] |
Import Dependencies
Not analysed in this dossier.
Intelligence Assessment
Methodology: /research/methodology/
FAQ
When did GRSE IPO list on the stock exchange?
See the dossier sources above for details.
What is GRSE's most famous warship class (Project 28)?
GRSE is a Kolkata-based Miniratna Category-I defence PSU that has built 100+ warships for the Indian Navy — the most by any Indian shipyard.
How many Nilgiri-class frigates is GRSE building under Project 17A?
Major programmes: Kamorta-class (Project 28) ASW corvettes (4 ships, all commissioned, INS Kavaratti final in Oct 2020); Project 17A Nilgiri-class stealth frigates (4 of 7 at GRSE — Himgiri delivered Aug 2025, INS Vindhyagiri commissioned Jun 2026); Next-Generation Offshore Patrol Vessels (4 NGOPVs contracted Mar 2023; first 'Shruti' launched Aug 11, 2026); ASW Shallow Water Craft (ASW-SWC) — lead ship INS Arnala commissioned Jun 2025.
What is the name of the first Next Generation Offshore Patrol Vessel launched by GRSE in August 2026?
Major programmes: Kamorta-class (Project 28) ASW corvettes (4 ships, all commissioned, INS Kavaratti final in Oct 2020); Project 17A Nilgiri-class stealth frigates (4 of 7 at GRSE — Himgiri delivered Aug 2025, INS Vindhyagiri commissioned Jun 2026); Next-Generation Offshore Patrol Vessels (4 NGOPVs contracted Mar 2023; first 'Shruti' launched Aug 11, 2026); ASW Shallow Water Craft (ASW-SWC) — lead ship INS Arnala commissioned Jun 2025.
Open Questions
- Import-dependency table not published on the listing; component-level analysis pending.
- Re-verify “status” against primary Indian sources (MoD/PIB/DRDO/OEM) next cycle.
Sources
- src-01Indicativehttps://grse.in
Domain root only; demoted to indicative per Atlas source-quality rule.
- src-02Official
- src-03Official
- src-04Credible
- src-05Credible
- src-06Credible
- src-07Credible
- src-08Credible
- src-09Credible
- src-10Credible
- src-atlas-listingIndicativeGarden Reach Shipbuilders & Engineers (GRSE) — Defence Atlas listing
Own register: indicative only, never official per standing evidence rules. All listing-derived figures in this dossier are attributed to this source.